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Amazon opens brick-and-mortar bookstore in New York

Online retail giant Amazon on Thursday opened its first brick-and-mortar bookstore in New York, selling a limited range of its highest-rated books. The offerings are limited to just 3,000 titles, none of which have received fewer than four out of...

Triumph Garments announces online venture Miway Fashion

In its constant endeavour to understand the needs and provide the demanding millennial generation with innovative design solutions without compromising on its fine quality, Triumph Garments has announced the launch of their new online venture – Miway Fashion. The newly...

Amazon all set to disrupt the pharmacy space

CNBC reported late Tuesday that Jeff Bezos's multifaceted company has been taking on pharmaceutical talent. That includes both the hiring of a general manager to lead a potential unit and other prospects from the pharmacy sector, according to sources. For...

E-commerce companies to remain unaffected by GST; to levy 1 pc TCS on sellers

E-commerce consumers are likely to remain unaffected once GST sets in from July 1 even as players like Flipkart and Amazon prepare to deduct one per cent of the payment it makes to sellers under the new tax regime. According...

Flipkart, Amazon top LinkedIn's companies list

E-commerce companies Flipkart and Amazon, for the second year in a row topped LinkedIn India's top companies list 2017, a statement said here on Thursday. Commenting on this recognition, CEO, Flipkart, Kalyan Krishnamurthy said, “We are thrilled to be the...

Takeaway startup Delivery Hero raises €387 million from Naspers

Online food takeaway firm Delivery Hero, one of Europe’s biggest start-ups, has raised 387 million euros by issuing new shares to South African media and e-commerce firm Naspers. This investment will help fuel Delivery Hero's growth plans. Naspers will also...

Online and multi-brand retailers still have plenty to learn from each other, despite building strong customer loyalty

Global loyalty marketing agency ICLP (a Collinson Group Company) has revealed research showing where different retail sectors are performing most strongly in building loyalty with their customers. While online retailers including Amazon and Flipkart were shown to be performing best...

Flipkart turns 10, announces Big 10 sale as a return gift to consumers this weekend

The Flipkart Big 10 Sale is here as a gift in return to the millions of online shoppers who have held on with Flipkart ever since its beginning. With this sale, Flipkart will kick off its 10th anniversary celebrations. Starting from midnight...

Target begins testing Target Restock, its next-day delivery service

Target Corp announced in their company blog this week that it would launch next-day delivery service of household goods, which is an effort to better compete with Walmart and Amazon. According to the company, they have created Target Restock to save...

Gritstones ropes in Amit Sadh as their new brand face

With its inception for about 5 years now, Gritstones has been creating an ensemble in the world of men’s fashion. With customers support and positive acclamation, Gritstones have been touching heights with its abundance presence in the online shopping...
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Reliance net profit falls 5% in Q1 on weak O2C business

The consolidated net profit of Rs 15,138 crore, or Rs 22.37 per share, in April-June was compared to Rs...
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