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NON GROCERY RETAIL
Meesho to buy Kirana Club for Rs 202 crore, eyes deeper retail playEcommerce giant Meesho is set to acquire Kirana Club for Rs 202 crore in a cash deal, aiming to bolster its reach within India's vast kiran...- Retailers' body flags rise in illicit trade, seeks curbs on e-commerce practicesRetailers in India are facing challenges from e-commerce. The Federation of Retailers Association of India highlights issues like counterfe...
- Gas at $4: Americans cut back on discretionary spends as fuel bills mountAmericans are adjusting their spending as fuel prices climb. Shoppers are altering routines, visiting discount stores for gas, and cutting ...
- Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
- US Fed says Iran war driving 'moderate-to-strong' inflationUS inflation rose at a moderate to strong pace, driven largely by surging energy costs linked to the Iran war, the Federal Reserve said. Hi...
- For a match made in retail heaven, friction on earth can be realQuick commerce is transforming Indian retail. Platforms like Blinkit and Zepto now drive a significant portion of online sales for major FM...
- Beyond fast-moving CGs for quick-comThe quick commerce sector for consumer goods in India is on an impressive growth trajectory, but it grapples with daunting challenges. Comp...
- Udaan in talks to raise $50-60 million from existing backers Lightspeed, M&G: sourcesThe Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated a...
- Old shopping funnel is gone: Gen Z is rewriting rules of retailGen Z is rapidly reshaping India’s online retail market, forcing brands and platforms to rethink traditional marketing strategies. Nearly h...
- Amazon aims to revolutionize fast delivery with new 30-minute systemAmazon is revealing a new service offering deliveries in 30 minutes or less for an additional charge. This ultrafast delivery, called Amazo...
- Jio revamps mega IPO; DailyObjects lines up fresh capitalReliance Industries is revamping Jio Platforms’ IPO plans amid investor disagreements over valuation. This and more in today's ETtech Top 5.
- Can DoorDash's Kroger partnership finally solve grocery delivery for SNAP recipients?DoorDash now delivers groceries from almost 2,700 Kroger stores using SNAP benefits. This partnership brings affordable grocery delivery to...
- Eternal shares rally over 4% after strong Q4 results. What CLSA, Goldman Sachs, 4 others are sayingEternal's shares surged after reporting a 346% YoY net profit jump to Rs 174 crore, driven by a 196% revenue increase. Blinkit's quick comm...
- JioMart network serves 1,200 cities through 3,100 stores: Reliance Retail CFO Dinesh TalujaReliance Retail hyperlocal commerce arm JioMart has built the widest network in the country, serving 1,200 cities through 3,100 stores, a m...
- Reliance Retail growth steady as quick commerce drives expansionReliance Retail Ventures Ltd posted modest profit growth as heavy investments in quick commerce impacted margins, despite strong revenue ga...
- Starbucks layoffs: Tech unit hit amid major turnaround effortStarbucks is cutting jobs in its technology division. This move is part of a larger restructuring plan. Some Seattle tech roles will move t...
- Starbucks layoffs hit tech teams amid restructuring pushStarbucks is reportedly laying off staff from its technology departments. This move is part of a larger restructuring plan by new CEO Brian...
- Digital commerce in India will grow to $250 billion by 2030: Google and Deloitte reportIndia's digital commerce is set for massive growth, reaching $250 billion by 2030. Quick commerce will expand significantly, becoming a nor...
- CoutLoot expands offline, to open 50 stores in 2023The existing small retailers currently generate between Rs70,000 to 5 lakh per month in sales. By partnering with CoutLoot, they will have ...
- Coutloot to tap into non-grocery and non-mrp retail marketFounded by Thind and Mahima Kaul, CoutLoot has helped millions of sellers to scale their demand and now is building deeper by connecting me...
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