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Flipkart ‘The Big Billion Days’ sales lift Walmart’s gross margins

Walmart International's net sales during the third quarter were $26.7 billion in constant currency terms, while its gross profit rate was up 151 bpsNew Delhi: US retail giant Walmart's consolidated gross margins improved in the third quarter (August-October), helped...

Engaging e-commerce players to push sales of goods produced by tribals: Pradhan

The funds for tribal goods have increased to Rs 91,000 crore in 2022-23 from Rs 19,437 crore in 2014-15New Delhi: The government is taking steps to enhance production and marketing of forest produce of tribal communities and engaging with e-commerce...

E-tailers log record Rs 61,253 crore sales in India festive month

The festive online sales in India beat industry estimates to clock $8.3 billion (nearly Rs 61,253 crore) in the October 15-November 15 period -- an impressive growth of 65 per cent (on-year), a new report said on Friday. The gross...

Amazon's Great India Sale had highest traffic during sale period: Blueocean Report

After a Twitter and TNS Research recently said that Twitter has emerged as a go-to-platform for this year's Diwali deals and discount hunt, an individual study by Blueocean Market Intelligence has said that the microblogging platform was also one...

Ahead of Big Billion Sale, Flipkart opens second warehouse in UP

Ahead of its annual festival sale, Big Billion Days, e-commerce major Flipkart has launched its new warehouse in Lucknow, in order to ensure effective order management for sellers and more satisfying delivery experiences for the customers. This is the second...
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H&M opens 61st India store in Pune

The new H&M store is located at Kopa Mall.New Delhi: Swedish fashion brand Hennes & Mauritz (H&M) has opened...
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