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ETAIL CHAINS
Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...- Flipkart says hired 23,000 more for its supply chain over last 3 monthsFlipkart has stepped up hiring to service incoming orders while maintaining pandemic-related precautions. The e-commerce business has shot ...
- Manish Garg from Medlife joins DealShare as chief strategy officerWith overall 15+ years of experience in the industry, Garg joins from Medlife where he was the Head of Head of Supply Chain Management, Pro...
- Amazon wanted $40 million to drop its 'right of first refusal': FutureThe homegrown retailer claimed that Abhijeet Mazumdar, head of corporate development and private investments at Amazon, had made a verbal o...
- Amazon wanted $40m to drop its 'right of first refusal': FutureUS e-tail giant Amazon had asked for $40 million to forego its “right of first refusal” to buy Future Group’s assets in Future Retail, the ...
- E-tailers to rejig supply chains on shortage fearsBoth Flipkart and Amazon, through their private labels like MarQ, AmazonBasics and Solimo, sell large appliances. The e-tailers rely heavil...
- Flipkart piloting fresh fruits & vegetables delivery in HyderabadIn December, Flipkart and its US-based parent jointly invested an undisclosed sum in Ninjacart, a fresh produce supply chain startup.
- Flipkart in talks to buy Namdhari’s FreshThe homegrown etailer majority-owned by Walmart seeks to expand its food and grocery segment.
- Chain of subsidiaries may help skirt curbs for etailersAmazon and Flipkart may have to create new vendors that do not fall foul of Press Note 2.
- Flipkart eyes Rs 750cr GMV in furniture e-sales by 2018-endFlipkart, which announced a 77% stake sale to Walmart recently, says it will overtake the largest vertical player in the online furniture m...
- GST: New rules will have impact on retail chains, restaurants and contractual farmingAs for traditional farmers, they would not be required to get themselves registered to pay GST.
- Number of online shoppers to go up to 175 million, Indian etail to expand by 2020: StudyThe survey found that men typically purchase consumer electronics, lifestyle and books and media while women prefer lifestyle, consumer ele...
- Etailers exposed to funding risks as access to PE funds gets tighterOnline retailers are exposed to funding risks as their access to easily available PE funds gets tighter, says a latest report by India Rati...
- Flipkart building mapping platform to help mark customer addresses more accuratelyThe online retailer is building Flipkart Maps, which will help it mark customer addresses and landmarks more accurately to make more speedy...
- Ecommerce policy may not stop discounting by e-tailers: India RatingsInd-Ra also said the traditional offline retailers are unlikely to benefit as the policy is directed towards defining and limiting the scop...
- E-tail market booming, may hit $50 billion by 2020: Report"E-tail is the most recent segment, but its highest growth rates and success will be the key driver of the overall e-Commerce market."
- Indian eCommerce not a bubble, to grow to $50 billion by 2020: UBSThe report added that etail in India is at a nascent stage and companies are trying to "Get-Big-Fast", helped by capital availability.
- Fashion e-tailers like Jabong and Myntra clock up impressive numbersAs Amazon chief Jeff Bezos had said, the big success of fashion etailing is the biggest learning he's taken away from India.
- Food and grocery prohibiting corporatised retail growth: TechnopakCorporatised retail currently accounts for 8% or $37 bn to Indian retail. Food and grocery contirbutes 3% to corporatised retail share curr...
- E-tailing to log in robust growth, become $56 bn mkt by 2023Apart from urban and semi-urban centres, demand will also come from emerging towns where primary source of livelihood has moved from agricu...
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