amazon
Retail
With an eye on growth, Shoppers Stop to add more Amazon kiosks this fiscal
Shoppers Stop expects to grow around 8 per cent this fiscal, as the K Raheja Group retail chain is expanding its sales network by adding new cities and strengthening its e-commerce presence, following Omnichannel strategy, said a top company official....
Fashion & Lifestyle
Ivanka Trump announces closure of her fashion brand
IANS -
US President Donald Trump's daughter, Ivanka Trump, has decided to close down her fashion brand.The move comes over a year after she split from the company to enter the White House as a senior adviser, BBC reported on Tuesday.Ivanka...
Retail
Amazon faces web issues globally on Prime Day
IANS -
Shoppers in the US and elsewhere in the world are struggling to access e-commerce giant Amazon's website as one of its biggest annual sales, Prime Day, got underway.Many reported the platform had crashed as soon as the two-day sale...
Retail
Amazon CEO becomes world’s richest man
IANS -
Amazon founder and CEO Jeff Bezos has become the richest man in the world with a net wealth of US $141.9 billion, the Forbes World's Billionaires list showed on Monday.Bezos' wealth has grown more than US $5 billion since...
Research
India’s e-commerce market continues to surge: eMarketer
Retail e-commerce sales in India will climb 31.0 percent this year to reach US $32.70 billion, according to eMarketer’s latest forecast. That growth rate will trail only China and Indonesia in Asia-Pacific.This growth has been enabled in part by...
Retail
Progress in India business energising, says Amazon’s Bezos
Amazon Founder and CEO Jeff Bezos on Wednesday said the progress seen in the company's India business within five years of operations is "energising".According to a PTI report: In a letter to customers on Amazon.in's homepage, Bezos said the...
Retail
Amazon Seller Services sees losses widening to Rs 4,830 crore in FY17
Amazon Seller Services, the India unit of US e-tail giant Amazon, saw its losses widening to Rs 4,830.6 crore for 2016-17 fiscal from the previous year, as the company ramped up investments in the country to compete aggressively against...
Retail
Flipkart trims losses to Rs 1,637 crore in FY17
E-commerce major Flipkart has seen its losses narrow to Rs 1,638.6 crore in 2016-17, as per a regulatory documents.According to a PTI report: It had a net loss of Rs 2,306.5 crore in the previous financial year, 2015-16.The company...
Retail
Amazon India re-brands groceries service to ‘Prime Now’
E-commerce giant Amazon is aggressively ramping up selection for grocery on its platform and focussing on speedier delivery as it looks to consolidate its position in the segment against rivals like bigbasket and Grofers. The competition in the segment...
International News
Amazon to open cashier-less stores in Chicago and San Francisco
Amazon, which opened a cashierless store in Seattle this year, plans more locations in Chicago and San Francisco.Shoppers enter the stores by scanning a smartphone app. Customers use an app called ‘Go’ to enter the store. Once inside, they...
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Latest News
Reliance Retail opens 30 Metro stores in Q1, total count crosses 200
Reliance Retail had acquired the Indian operations of German firm Metro AG's wholesale operations in December 2022 in a...
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