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Retailer, restaurant closures in US surge to high level

Due to the ongoing coronavirus pandemic, 8,400 retailers and 110,000 restaurants across the US have been closed so far this year, according to industry statistics.Data issued on Sunday...

Cargill plans to sweeten India’s chocolate segment, sees massive potential

Undeterred by presence of global majors, food ingredient supplier Cargill plans to enter India's high growth chocolate segment via its first plant in the...

Walmart commits to export $10 bn India-made goods each year by...

Walmart on Thursday announced that it will triple its exports of goods from India to $10 billion each year by 2027. In a statement, Walmart...

Projection of retail inflation turns erratic amid pandemic

The projection of CPI inflation has turned erratic amid the pandemic due to changing consumer spending behaviour, according to a report by the State...

WhatsApp introduces carts for easy shopping

In a bid to make buying and selling easier, WhatsApp on Tuesday announced to bring carts on its platform for millions of businesses and...

Amazon India to host Small Business Day on December 12

E-commerce major Amazon India on Sunday said it will host the fourth edition of its Small Business Day (SBD) 2020 from midnight on December...

Walmart prepares for $10bn Flipkart IPO early next year

The retailing giant Walmart has reportedly picked up the leading global investment bank and financial services company Goldman Sachs to raise nearly $10 billion...

Punish Amazon with Rs 1.44 lakh crore penalty: CAIT to ED

The Confederation of All India Traders (CAIT) has asked the Enforcement Directorate to immediately punish Amazon for the brazen violations of FEMA Act, Rules...

Flipkart launches ‘2GUD Local’ to digitise offline retailers

Flipkart's independent value-driven platform, 2GUD on Friday launched 2GUD Local to connect popular offline retailers scattered across the country with online shoppers.The new format...

Online sales growth same as last year, no major jump due...

This festive season has seen 30-40 per cent growth in e-commerce volumes with overall growth similar to that witnessed last year.A report by financial...