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Food
Walmart tests drone delivery amid competition with Amazon
IANS -
Retail giant Walmart has started testing drone delivery of grocery and household essential items in a bid to take on e-commerce giant Amazon.
Walmart said it has partnered with Israel-based drone delivery company Flytrex to launch the pilot in Fayetteville,...
Retail
The Flip Side: How COVID-19 has accelerated the adoption of technology in retail
The COVID-19 pandemic is reshaping the global business environment and the crisis is estimated to hit the world economy beyond any analyst’s imagination. UN anticipates that the crisis will result in a $1 trillion hit to the global economy...
Food
Flipkart onboards over 50,000 kirana shops to bolster delivery ahead of festive season
Walmart-owned Flipkart on Wednesday said it has onboarded more than 50,000 kirana shops to strengthen its supply chain and delivery capabilities ahead of the upcoming festive season.
In preparation for the festive season and the 'Big Billion Days' sale, Flipkart...
Retail
Amazon India to launch 5 sort centres before festive season
IANS -
Amazon India said on Tuesday it will launch five new sort centres and expand eight existing ones across the country ahead of the festive season, in a bid to strengthen its delivery speed and connectivity for customers as well...
Food
What Innovation Means Now: 20 retailers redefining grocery experience
Change was happening at a rapid pace throughout the retail world prior to the COVID-19 outbreak. But when the virus happened, food retailers gained a new perspective on what an accelerating pace of change really looks like. Health officials...
Retail
Manish Tiwary gets additional mandate to manage Amazon India seller services
Amazon India Vice-President for Consumer Business Manish Tiwary has been given the additional mandate of the seller service unit, according to the company.
Amazon India Vice President (Seller Services) Gopal Pillai, who had relocated to India from Seattle in 2015,...
Retail
Battle of mergers and consolidations intensify in India’s retail market
The Indian retail market is expected grow and reach US$ 1.4 trillion by 2023 at a compound annual growth rate (CAGR) of 10.7 percent between 2020-2023. Following the acquisition of Flipkart by Walmart in 2018, the fast-growing and lucrative...
Food
Amazon opens 'Fresh' grocery store in Los Angeles
IANS -
Amazon on Thursday opened a new grocery store in Los Angeles which enables customers to skip the checkout line, and also manage their shopping lists with new Alexa features.
The e-commerce giant said that the ‘Amazon Fresh’ grocery store is...
Retail
Flipkart registers 54 pc rise in number of transacting sellers during Independence Day sale
Walmart-owned Flipkart said the number of transacting sellers on its platform rose by 54 percent during the recently concluded sale as compared to last year.
Flipkart held an ‘Independence Day Sale’ from August 6-10, where sellers on the platform witnessed...
Retail
Amazon Prime Day 2020: Key takeaways and way forward
For most sellers on Amazon India, Prime Day was a way to recover from the recent slump. 77 percent sellers participated in the event for the first time and 68 percent new product launches took place, as per a...
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AI spending in India may triple to $5 bn by 2027: Report
AI spending in India is expected to increase to $5 billion with CAGR of 31.5%New Delhi: Spending on Artificial...
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