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Retail leaders moot segment-wise FDI

Segment-wise FDI in the food and non-food segment is important for the retail sector, said Future Group CEO Kishore Biyani at a close gathering of top industry retailers, which was attended by the who's who of Indian retail.Biyani said,...

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 featured a clunky digital version of the greeter who welcomes shoppers at each store. Even in the Web's early...

Gap to open its first stores in Africa

Clothing retailer Gap Inc will enter Africa this year, as part of an ongoing international push, with plans to open stores in Egypt and Morocco. The company plans to open its first Gap store in Egypt next month and...

Toys R Us to work more with EBay

Toys R Us Inc TOY.UL, the world's largest toy retailer, plans to work more with EBay Inc (EBAY.O) following the e-commerce company's recent acquisition of GSI Commerce, Toys R Us Chief Executive Jerry Storch said on Tuesday."We know we...

eBay adapts in China

Online retail giant eBay has reversed its once ailing fortunes in China after adapting its business model to suit local conditions.The US multinational made its first substantive play in China by spending $100m in Eachnet, with the goal of...

eBay’s US mobile sales grow 134 per cent over holidays

Online marketplace eBay Inc has been steadily reporting strong mobile sales over the holidays. And now that the biggest gift-giving days have come and gone, eBay is reporting its final numbers for the holiday shopping season.eBay’s US mobile sales...

eBay posts record sales via mobile

E-commerce giant eBay has announced that last Sunday (December 12) was the marketplace’s biggest shopping day ever via mobile phones in terms of gross merchandise value (GMV). eBay mobile GMV grew by 127 per cent to $5 million in...

Delhi tops eBay list of e-commerce base

According to 'Buy and Sell Survey 2010' by e-commerce portal – eBay – Delhi bags the top rank in terms of remaining as the largest e-commerce base in both imports and exports followed by Mumbai, Jaipur, Chennai and Bangalore...

Planet Sports to open 5 more stores by June’09

Moving on to carry forward its pan-India presence, sports lifestyle retail chain Planet Sports plans to launch five more multi-branded outlets by June 2009. The company is also in talks with two to three major global brands for tie-ups...

Pavers partners Reliance Footprint to enter India

Pavers England Footprint, the UK-based footwear brand, today announced its entry in the Indian retail market through a tie-up with Reliance Footprint, the footwear retailing format of Reliance Retail Ltd.Reliance Footprint will also retail Flyflot, an Italian footwear brand.“Reliance...
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Digital Icon : Rakesh Bali

Rakesh Bali is at the helm of brand marketing, communications, events, and sustainability-related marcom initiatives for the petrochemicals segment...
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