retail news updates
In Focus
Future Retail lenders reject Space Mantra’s bid; NCLT extends insolvency period for 15 days
PTI -
The Resolution Plan submitted by Space Mantra for Future Retail Ltd (FRL), failed to get the required number of votes in the e-voting process of the Committee of creditors (CoC)New Delhi: The lenders of Future Retail Ltd have rejected...
Spotlight
How Reliance Retail’s Freshpik and Yousta are implementing self-checkouts
The trend of self-checkouts is fast catching in India. Here’s a look at how Reliance Retail's Freshpik and Yousta have implemented the technologyIn India, supermarket chains were the early adopters for self-checkouts. Leading the way was HyperCity way back...
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...
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Latest News
Ambani unveils growth roadmap for Reliance, co to double in size by 2030
The company is aiming to double revenues and pre-tax profit in 3-4 years with its new energy business becoming...
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