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HomeShop18 acquires CoinJoos.com

HomeShop18, an Indian e-commerce company, has acquired the online books retailer CoinJoos.com. The acquisition is likely to strengthen the e-book...

Snapdeal raises $40 million to fuel rapid expansion

Snapdeal, India's e-commerce company, has raised $40 mn from global investors Bessemer Venture Partners (a private equity firm), along with...

Wal-Mart appoints Danone’s Morten Knudsen as CFO for Asia

Wal- Mart Stores Inc. (WMT) appointed Morten Knudsen chief financial officer for Asia as the world’s largest retailer rebuilds its...

Amazon set to launch services in India next year

World's largest online retailer, Amazon.com is set to enter India, riding on the second wave of e-commerce boom in India....

Walmart struggles to shift from bricks to clicks

Since Walmart first ventured into the Internet 15 years ago, the Bentonville, Ark., company has struggled online. Early on, Walmart.com...

Online retailer Bigshoebazaar gets Rs 40 cr funding

Online apparel and shoe retailer Bigshoebazaar India has got Rs 40 crore funding from venture capital firms Catamaran Ventures and...

JCPenney CMO retires after eight years at the helm

Mike Boylson, CMO of JCPenney, retired this month after more than eight years as the retailer's marketing leader and 33...

Retailers Risk Losing Share To Amazon -Analyst

From Target Corp. (TGT) and Kohl's Corp. (KSS) to Best Buy Co. (BBY) and Bed Bath & Beyond Inc. (BBBY),...

Ikea aiming to spread its influence across China

It's been a big two weeks for Ikea's Chinese operations, with the opening of a massive new store in Shanghai...

Massmart eyes online retail

Massmart, which has just merged with US retail giant Walmart, is slowly gearing up to enter the burgeoning market of...

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India delivering double-digit sales growth of FMCG, tech durables from modern trade channels: Report

According to the report, India has a dominant position in the Asia Pacific region in modern trade sales, where...