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Consumer Survey: Amazon yet to become the go-to-place for womenswear

The US apparel market grew at a modest compound annual growth rate (CAGR) of 2.2 per cent from 2011 to 2016, and was valued at US $274 billion in 2016. The share of womenswear relative to the total market size...

Paytm may join forces with Alibaba to invest US $200 mn in BigBasket

Digital payments major Paytm may join forces with its investor Alibaba to pick up a minority stake in online grocery retailer BigBasket for about US $200 million, according to sources close to PTI. According to a PTI report: The companies...

Amazon to expand ‘I Have Space’ programme across India

With success of its ‘I Have Space’ programme across the country, Amazon has decided to expand it by adding thousands of store owners for delivering its packages, an official spokesperson said on Tuesday. According to a PTI report: The programme...

Growth of casual wear in India

Changing lifestyles, the comfort seeking middle class with high disposable income, and increasing urbanization has lead to casualization of both men and women’s wardrobes in India. As the segment continues to grow further, Amit Gugnani, Senior Vice President -...

Amazon opens fifth customer service facility in India

E-commerce firm Amazon has announced opening of its new customer service facility in Noida. This is Amazon's first customer service centre in North India and fifth in India. "The new customer service site will support Amazon's India as well as global...

Amazon launches ready-to-cook meals in a bid to expand groceries biz

Amazon has started selling ready-to-cook meal packages for busy households in a bid to expand its groceries business. The company has registered a trademark for its new meal kit service, which comes with the tagline "We do the prep. You...

Badal urges UK companies to participate in India's food processing value chain

Union minister Harsimrat Kaur Badal has urged UK companies to participate in India's food processing value chain, saying a market worth US $600 billion is waiting for the British firms. According to a PTI report: The Union Cabinet Minister of...

Pre-GST sales war: Who performed better?

The Goods and Service Tax (GST) rollout from July 1, 2017 ushered in pre-GST sales as many retailers anticipated a higher tax rate under the new system. CashKaro.com, India’s largest cashback and coupons website, dug up some information to...

India in top five Asian consumer markets: Report

India is among the top five consumer markets in Asia, offering retailers consumer spending growth of an average of 6.1 per cent over the next five years, says a report. According to BMI Research, a Fitch group company, China, Sri Lanka,...

Amazon to add 900 jobs at Boston office

Amazon says it will add 900 jobs at a Boston office that's set to open next spring. According to a PTI report: The online retail company said yesterday it has signed a lease for a 14,000-sqare-meter space in a building...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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