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Reliance Retail set to disrupt Amazon, Walmart-Flipkart: Report

Reliance Retail's upcoming entry into the online retail sector is the biggest challenge for Amazon and Walmart-Flipkart as the Mukesh Ambani-led behemoth is well positioned to create massive disruption in the market, a new report has stressed.According to the...

Reliance Retail’s e-commerce foray with hybrid offline-online concept has potential to disrupt Indian e-commerce sector, says GlobalData

India-based Reliance Industries Ltd’s retail arm - Reliance Retail Ltd - has recently started pilot testing its food and grocery app amongst its employees in an attempt to compete with online giants Amazon.com Inc. and Walmart Inc.-owned Flipkart. This...

Reliance’s e-commerce dream to swallow everyone out there

When Paytm Mall started, it took a cue from its investor Alibaba and aimed to become a digital universe for everything.As part of its initial offers, the company started giving cashback to attract customers.According to Pavel Naiya, Senior Analyst,...

Flipkart CEO Kalyan Krishnamurthy denies exit

Flipkart CEO Kalyan Krishnamurthy has denied reports that he is going to quit the e-commerce company and a formal announcement on a new CEO is likely in June during the Walmart shareholders' meeting.In a statement to Inc42, Krishnamurthy said reports making the rounds...

Reliance Retail in talks to acquire Hamleys

In what could prove to be major global takeover, RIL-owned Reliance Retail is in talks to acquire the iconic 259-year-old toy brand Hamleys.Hamleys is currently owned by a Chinese fashion wear company, C.Banner.The purchase of the global toy-making major,...

ITC sells brand John Players to Reliance Retail

Conglomerate ITC Tuesday said it has sold its menswear brand John Players to Reliance Retail for an undisclosed amount.According to a PTI report: Besides, the Kolkata-based firm has also transferred the trademark as part of the deal."In line with...

IMAGES Group honours Indian food & grocery retailers at Coca-Cola Golden Spoon Awards

To honour innovative retail concepts and creative food retailers, food & grocery retail professionals IMAGES Group presented awards on February 05, 2019 on Day 1 of India Food Forum 2019.Here is the list of awardees:IMAGES Most Admired Food &...

E-commerce share to rise to 12pc from 2pc in 10 years: Walmart CEO, Krish Iyer at India Food Forum

Share of e-commerce is set to rise, despite the growth in brick and mortar or physical retail from 2 percent to 12 percent over the next 10 years, aided by pick up in Omnichannel format, said Krish Iyer, President &...

Indian food chains to converge in Mumbai to deliberate disruptions at India Food Forum 2019

Indian food retail chains are exploring new business models after witnessing a paradigm shift, with food aggregators reaching out to the homes of consumers leading to a disruption.Speaking out on the issues confronting the food and beverage retail business, Rahul Singh, Founder,...

Reliance Retail to enter e-commerce to take on Amazon, Flipkart

Reliance Industries Ltd Chairman and Managing Director Mukesh Ambani said group companies Reliance Retail and Reliance Jio Infocomm would jointly launch a new e-commerce platform in the country.Speaking at the Vibrant Gujarat Summit, Ambani revealed that Gujarat would be...
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Location AI startup GeoIQ unveils footfall & site analysis feature

GeoIQ has served retail brands across categories to open over 2,500 stores by assessing more than 25,000 locations with...
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