retail industry latest updates
E-Commerce
JioMart witnesses 7x growth in monthly orders with Meta
The user-friendly functionality of the platform has enabled a 6x month-on-month growth in new customer conversion on JioMart-on-WhatsAppBengaluru: With the partnership with Meta, Reliance Retail’s e-commerce marketplace JioMart, has witnessed 7x growth in monthly orders through WhatsApp compared to...
In Focus
Alternative payments account for 60% of e-commerce market in India: Report
Over the last five years, alternative payment solutions like Amazon Pay, Google Pay, and Paytm have consistently risen in popularity among Indian consumers
Bengaluru: With a market-share of about 58%, alternative payment methods such as mobile and digital wallets have...
E-Commerce
Flipkart to start Big Billion Days 2023 sale from October 8
PTI -
This will be the 10th edition of The Big Billion Days (TBBD) in the company's business journey of 15 yearsNew Delhi:Â E-commerce major Flipkart will launch its nine-day annual festive season sale on October 8 but will provide early access...
E-Commerce
Myntra expects 8 million customers to shop during Big Fashion Festival
During the Big Fashion Festival Myntra will offer over 23 lakh styles from more than 6000 brands. Over 5 lakh new styles have been added from brands that are popular among non-metro customers
Bengaluru:Â Fashion e-commerce platform Myntra is expecting 8...
Food & Beverage
FSSAI asks food vendors, consumers not to use newspapers for food packaging
PTI -
FSSAI is closely working with state food authorities to monitor and enforce regulations in this regardNew Delhi: Food regulator FSSAI has asked food vendors and consumers to immediately stop using newspapers for packing, serving and storage of food items...
E-Commerce
51% consumers prefer Amazon.in for buying large appliances (51%) this festive season: Study
According to a Nielsen study, 68% consumers have identified Amazon.in as their go-to and convenient online shopping destination with almost half identifying the e-commerce marketplace for festive shopping
Bengaluru:Â Amazon.in is the most preferred online brand for consumers to shop this...
In Focus
LuLu Group launches its first hypermarket, mega mall in Hyderabad
PTI -
This is the first venture of Lulu Group in Telangana, and this first project in Hyderabad is part of the Rs 500 crore investment that Lulu committed to the stateHyderabad: Lulu Group launches its first hypermarket and mall in...
In Focus
Phoenix Mall of Asia to launch in Bengaluru soon
Spread over a 13 acre property, the mall is located at Hebbal, North Bengaluru
Bengaluru:Â Phoenix Mall of Asia by retail mall developer and operator The Phoenix Mills is set to launch in Bengaluru on 20 October 2023, a company official...
Latest News
Zepto most preferred startup for professionals in India: LinkedIn ranking
PTI -
Startups that followed the e-grocery app in the ranking include EV cab aggregator BluSmart, fintech company Ditto Insurance, audio OTT platform Pocket FM and Skyroot Aerospace, respectivelyNew Delhi:Â E-commerce platform Zepto, which has turned unicorn recently, has emerged as the...
Fashion & Lifestyle
Reliance Retail’s Azorte opens 3rd store in Mumbai
The new Azorte store is spread over 22,000 sq. ft. of retail space and is located at the Viviana Mall in Thane
Bengaluru:Â Azorte, a premium fashion and lifestyle store chain by Reliance Retail, has launched its third store in Mumbai,...
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Latest News
India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC
The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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