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IRF 2016

HCL’s Commerce in a Box to help retailers sail through their Omnichannel journey

Reports suggest India is one of the fastest growing e-commerce markets in the Asia-Pacific region, growing at a CAGR of 57 per cent. As per a report by Forrester, India's retail market is estimated to grow to US $850...

Coca Cola bets big on juice segment; to strengthen Minute Maid brand in India

Beverages major Coca Cola India has trained its guns on the juice segment in India, with the company planning to launch new flavours for their fastest growing juice brand, Minute Maid. “Our biggest focus currently is on the juices segment. We...

Fabfurnish will become profitable by next month: Kishore Biyani

CEO Future Group Kishore Biyani said on Wednesday that his company Fabfurnish will become profitable at company level by the end of next month (October 2016). “We will make it profitable at the company level next month, and I am...

Future Group acquires retail group chain Sangam Direct

Retail honcho, Kishore Biyani's Future Group has acquired retail group chain Sangam Direct  from Wadhawan Holding, a company owned by the promoters of Dewan Housing Finance Corp Ltd. To consolidate its position as the country's largest producer, Future Group is...

Foreign food companies keen to enter India: Harsimrat Kaur Badal

Minister for Food Processing Harsimrat Kaur Badal said on Thursday that her recent trip to the UK has been successful and lot of international retail and food processing companies have evinced interest to enter India into joint venture with...

Images Retail Technology Awards honours efforts of retail and technology fraternity

The Images Retail Technology Awards (IRTA) which was held in Mumbai last night celebrated some of India’s most outstanding achievements for implementing technologies in retail and honoured excellence in technology deployment. Images Retail Technology Awards (IRTA) is a catalyst for...

Indian retail head honchos see dramatic change in country’s retail segment in next few years

Indian retail sector will go through more changes in the next five years compared to the last 50 years as the definition of shops, shopping, experience of service is set to change dramatically, said Chairman and CEO, Pepsico India...

Retail sector second most threatened by hackers; financial services top the list

Data privacy protection has been becoming a significant challenge. Most of the sectors have been at the vulnerable risk of data fraud. Retail is the second most threatened segment by cyber attacks in the country after financial services. "Over 92...

Future Group transforming into a consumer goods company: Kishore Biyani

Future Group CEO Kishore Biyani is at it again. Known as as India's Sam Walton, Biyani is in a process of turning his retail organisation into a consumer goods company which will even be engaged in distributing its own products. Biyani said during a...

IRF 2016: IKEA for Omnichannel in India; to invest Rs 10,500 crore over 10 years

Sweden-based furniture retailer IKEA, who is all set to open its first store in India in Hyderabad in 2017, is bullish about its Omnichannel play for India. The company, which plans to open 25 stores by 2025, sees huge potential in...
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Stanley Lifestyles IPO subscribed 1.43 times on day 1 of offer

The initial share sale received bids for 1,46,69,560 shares against 1,02,41,507 shares on offer, as per NSE dataNew Delhi:...
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