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Future Group conceptualising 2 new brands, opening new stores even as its firms receive large orders from Reliance

Future Group firms have started getting large orders from Reliance Industries, its CEO Kishore Biyani said in an email to his employees on Tuesday. The group firms Future Consumer and Future Enterprises have recently received orders from Reliance Industries. "We have received a large order...

Retailers hopeful of achieving ~85% pre-COVID sales by June 2021

With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of...

Amazon invests Rs 11,400 cr in India in FY20 with a long-term view

US e-commerce giant Amazon has pumped in over Rs 11,400 crore (about $1.5 billion) during FY2019-20 across its marketplace, payments and wholesale business units in India to bolster its position in the country's burgeoning digital commerce market, according to a report...

Indian SMBs succeeding despite COVID-19: Amazon SMB Impact Report

Amazon.in has published the 2020 Small and Medium Business (SMB) Impact Report highlighting how the company benefits more than 10 lakh SMBs including sellers, delivery and logistics partners, neighbourhood stores, enterprises, developers, content creators and authors in India. These...

Amazon, CII join hands to bring benefits of e-commerce to MSMEs in 10 states

At the 17th Confederation of Indian Industry (CII) Global SME Business Summit, Amazon.in and CII signed a Memorandum of Understanding (MoU) to bring the benefits of ecommerce to micro small and medium enterprises (MSMEs) in 10 states across India. Amazon.in and...

Amazon India to host Small Business Day on December 12

E-commerce major Amazon India on Sunday said it will host the fourth edition of its Small Business Day (SBD) 2020 from midnight on December 12 until 11.59 p.m. on the same day. According to the company, the specially curated online...

Seamless offline & online convergence makes India the best consumer story in the world

The next five years will be dedicated to the convergence of all channels and the emergence of truly new multichannel retail. The inaugural session of the Phygital Retail Convention, Live on Your Screen, on October 14-15, 2020, saw some...

Amazon witnesses 'biggest holiday season' ever in its history

Amazon on Tuesday revealed that the company has witnessed its largest holiday shopping season so far this year, as independent businesses selling on Amazon surpassed $4.8 billion in worldwide sales from Black Friday through Cyber Monday -- an increase...

Phygital Retail Convention: Convergence – Offline-Online, A Reality

2020 has delivered a VUCA disruption like never before. As the pandemic overhauled the rules of traditional retail, consumer facing businesses across the globe were subjected to a jaw-clenching ride to just stay afloat. The inaugural session of Phygital Retail...

Over 1 lakh local shops, kiranas and other neighbourhood stores to take part in Amazon's festive sales

Over 1 lakh Amazon-enabled local shops, kirana and neighbourhood stores across India will serve customers in the upcoming festive season on the e-commerce platform. More than 20,000 offline retailers, kirana and local shops from ‘Local Shops on Amazon’ programme will...
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Malabar Group’s Playaza to launch Rs 20 crore FEC in Kochi

The 23,000 sq. ft. outlet will be located at Centre Square Mall, MG Road, Kochi Bengaluru: Retail conglomerate Malabar Group’s...
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