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BRICKAND MORTAR OUTLETS
Amazon coming offline with basics first and hits laterAmazon in talks with Future Group, Shoppers Stop and More, in which it has picked up stakes.- Walmart India revenue edges up, cites cash & carry growthIn May, Walmart, which operates as a wholesaler in the country, acquired Flipkart for $16 billion to capitalise on India’s $670-billion ret...
- Myntra comes offline with cosmetic productsAnanth Narayanan, chief executive at Flipkart-owned Myntra-Jabong, said the company will enrol franchisees to run the beauty and cosmetics ...
- How e-commerce companies like Amazon, Flipkart help stores locate new spending citiesStrategists are now combing the end-user address lists of Web commerce companies to analyze whether it might be worth their while to open l...
- Falling online discounts boost mobile sales at retail stores“Online sales were contributing more than 90% to our overall sales, but online market in India is still only 30 % of the overall smartphone...
- Your wait for an Apple store will get longer. Here's whyThe Cupertino-based technology firm is keen to open its first couple of stores — of 10,000-15,000 square feet size — at prime locations in ...
- Flipkart planning offline cart to sell foreign brandsFlipkart is in advanced talks with Giordano for a licensing deal to sell the Hong Kong-based apparel and accessory retailer’s products both...
- InTandem Advisors focusing on helping fintech firms, startups with business strategy, salesThe startup, which launched its services a month ago, has already tied up with players including The Mobile Wallet, Paymart, Fino, Easypoli...
- Model Act clearance:Retail firms give thumbs up to Cabinet's decision, raise sales targets“Most of the salary hike will go into consumption and not necessarily savings,” said Kishore Biyani, CEO of Future Group, India’s biggest l...
- Reliance Retail plans to tie up with Flipkart, Snapdeal to sell Lyf 4G handsetsThe company has signed up with Amazon for one model and will seek partnerships with Flipkart and Snapdeal – possibly launching an e-store f...
- Naturals to take over Yuvraj Singh-funded startup VyomoThe Rs 100 crore that comes from the deal will be used to develop technology and expand aggressively to meet customer demand, Khare said.
- Future Group to bring out ads using word play targeting Flipkart, SnapdealFuture has fired ad shots at ecommerce before. For instance, “You can't take the nation for granted even for a day,” was aimed at Flipkart’...
- Lenskart plans to expand operations through franchise modelReliance Retail operates India’s largest chain, with more than 3,000 stores in 371 cities. Lenskart, based in Faridabad, already operates 1...
- Samsung bullish on 4G prospects, works on affordable smartphonesAs per Samsung's estimates, almost half of smartphone users in India are using 3G services and most of them are likely to move to 4G.
- Aditya Birla Group to build e-commerce portal for PantaloonsIn 2013, Aditya Birla inherited 65 Pantaloons outlets and the Mumbai-based conglomerate has so far added 40 stores in the past two years.
- Heavy online discounting hurts franchisees' expansion plansPuma has stopped selling some high-end products on e-commerce sites. Next season, it will fully separate lines for the two retail avenues.
- Apparel brand Soch to launch E-store“We want to bridge the gap between online and offline. I believe it is only a matter of time before these channels merge.”
- Sachin and Binny Bansal's Flipkart worth 10 times Kishore Biyani's Future Retail?Flipkart is lining up its biggest round of fund-raising as a precursor to a possible American listing, and this time the valuation figure i...
- How success of e-commerce startups like Flipkart, Snapdeal is making traditional retailers rethink their modelWhile the online model scores on reach, shipping products to remote corners of the country, the offline model is a largely urban phenomenon.
- Government aks PSU banks to open more branches in North EastThe government has issued a directive to public sector banks to open branches in every un-banked block in the North East by September next ...
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