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Retail
Future Group in advance talks with RIL to sell stake in Future Retail, other units: Report
The Future Group is in advance talks with Mukesh Ambani's Reliance Industries to sell stakes in Future Retail and some other units, according to industry sources.
According to a PTI report: The Kishore Biyani-led group, which already has a partnership...
International News
Amazon rolls out shopping site in Saudi Arabia
IANS -
E-commerce giant Amazon has launched its shopping site in Saudi Arabia, rebranding Souq.com as Amazon.sa.
The launch which comes amid growing interest in online shopping amid the coronavirus crisis across the world also reflects that Amazon''s business interest in the...
International News
Amazon introduces AI enabled tech to ensure social distancing at warehouses
Amazon has launched an artificial intelligence-based tracking system to enforce social distancing at its offices and warehouses to help reduce any risk of contracting the new coronavirus among its workers.
One of the early solution developed at Amazon applies artificial...
Fashion
Cantabil strengthens Omnichannel strategy, debuts at e-commerce marketplace
Further strengthening its Omnichannel strategy, Cantabil Retail India Ltd, one of India’s leading apparel brands made its debut in the e-commerce marketplace, entering into a venture with Flipkart, Amazon, Snapdeal and Paytm.
With a total of 300+ stores across the...
Fashion
How COVID-19 is influencing consumer behaviour
It’s been three months since the World Health Organisation declared the COVID-19 outbreak to be a ‘Public Health Emergency of International Concern’. Despite continued efforts by governments and organisations across the world, the virus continues to spread unabated. With...
Retail
Amazon India expands packaging-free shipping to over 100 cities
Amazon India on Wednesday announced that it has expanded its Packaging-Free Shipping (PFS) initiative to more than 100 cities in the country.
PFS is a sustainable packaging solution in which customer orders are shipped in their original packaging without any...
International News
Top 25 retailers by market capitalization in Q1 2020 see QOQ decline with exception of Amazon and JD Sports, says GlobalData
Most of the top 25 publicly traded global retailers by market capitalization (MCap) reported quarter-on-quarter (QoQ) declines for the first quarter (Q1) ending 31 March 2020, with Amazon and JD.com being exceptions, according to GlobalData, a leading data and...
Retail
Amazon India rolls out COVID-19 health insurance for its sellers
IANS -
Amazon on Wednesday announced that it would provide a Covid-19 health insurance, free of cost for its sellers in India.
The insurance will help cover the expenses related to novel coronavirus hospitalisation and treatment as well as ambulance assistance and...
Food
JioMart getting ready for kirana onboarding
IANS -
JioMart now offers delivery in nearly 200 locations across the country and is democratising modern retail of essentials by reaching several new towns.
JioMart is making modern and online retail experience accessible to many more Indians and towns for their...
International News
Alibaba records only 9 percent lower profit than Amazon but trails by 4x in revenue
Data gathered by Learnbonds.com shows that Chinese internet company Alibaba registered 9.3 percent lower profits compared to United States’ Amazon. The data further shows that there is a significant gap in revenues between the two companies by at least...
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Latest News
India leads in GenAI adoption, investment trends likely to rise in coming years: Report
The study also predicted promising investment trends shortly, with about 94% of respondents anticipating increased investments and budget allocations...
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