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Flipkart shuts grocery delivery app Nearby

Less than five months after testing it, Flipkart has decided to shut down its grocery delivery app, Nearby. The experimental app was launched by the online retail giant in October last year. Nearby was only launched in one city,...

Positive quarter puts retailers on growth path

Prominent retailers of the country seem to be on a roll when it comes to posting their quarterly numbers. While Future Lifestyle Fashion posted a nine fold jump in net profit, encouraging festival season sales saw, Shoppers Stop reporting...

Ready-to-eat-breakfasts are the new rage

Aditya Bagri, Director, Bagrry’s India Limited, shares his thoughts about the growing consumer traction for healthy breakfast cereals and how his company is best placed to tap into this opportunity with its expanding portfolio of oats and muesli products…. With...

Amazon launches grocery delivery app in Bengaluru

Bangalore: E-Commerce giant Amazon launched a grocery delivery app, wriggling its way into the already crowded hyperlocal grocery delivery market. The space is currently occupied by domestic players like Grofers, LocalBanya and PepperTap. The app, Amazon Now, will provide shoppers...

Amazon to acquire EMVANTAGE Payments

Amazon.com Inc has agreed to acquire EMVANTAGE Payments Pvt Ltd, a privately held company that offers services in the area of online payments. EMVANTAGE has developed a series of payment solutions including a payment gateway, mobile payment solutions and pre-paid...

Amazon buys 26 pc stake in Tata firm

Online retail giant Amazon has picked up a 26 per cent stake Trent Ltd's publishing arm, Westland, for Rs 9.5 crore. Trent Ltd is a part of the Tata Group. In a filing to the BSE, Trent Ltd stated: "Amazon...

Why shopping online saves you more

The fun of shopping doubles when you stumble across great deals or buy branded items at discounted rates. With the increase in the number of Internet users, e-commerce portals have become popular modes of shopping as buying products is...

Understanding consumer trends is key to success in retail

Consumer and market sentiment is today more buoyant than it was until two years ago. The improvement in confidence levels has had a positive impact on how we spend. There is no doubt that consumer spending today is more...

Top retail trends of 2016 to watch out for

CONVERGENT POS The way customers prefer to pay is bound to change in 2016. Handheld point-of-sale (POS) systems with a cloud-based back-end have proven to be the device of choice by customers to make payments. They also result in more...

Ratan Tata invests undisclosed amount in CashKaro.com

Cashback and coupons site CashKaro.com has raised an undisclosed amount from Ratan Tata, the Chairman Emeritus of Tata Sons. Tata has made the investment in his personal capacity, his third investment in 2016. The funding comes just two months after...
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New York-based fashion brand Waimea to expand offline in India

The retailer has already partnered with multi-brand outlet Tipsy Topsy and is currently in talks with other retailers including...
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