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International News
Amazon's worth is now more than top 8 brick-and-mortar retailers combined
According to Credit Suisse analysts led by Eugene Klerk, with a current market cap of $390 billion, Amazon is now worth more than the top eight traditional brick-and-mortar retailers combined.
The note by the analysts' goes on to say that the Seattle-based retail...
Food
Walmart's Rosalind Brewer, Microsoft's Satya Nadella to join Starbucks' Board
Starbucks Corporation announced on Wednesday the nominations of President and Chief Executive Officer of Sam's Club (a division of Walmart), Rosalind Brewer; Executive Chairman of the LEGO Brand Group, Jørgen Vig Knudstorp; and CEO of Microsoft Corporation, Satya Nadella, to...
Food
Walmart to add 10,000 retail jobs in the US in 2017
Walmart, which had announced a year ago it would close 269 under-performing stores, including 154 that employ approximately 10,000 workers, in the United States, has now announced that it will add 10,000 retail jobs in the country this year.
The announcement has won...
Retail
Indian Retail: 5 Highlights of the year 2016
In a year when change became the only constant for India's retail, both brick-and-mortar and e-commerce majors remained on their toes to decipher consumers consumption behavior and demand.
Where 2016 brings to an end, years long wild exuberance by online...
Retail Employees' Day 2016
Retail Employees’ Day 2016: Walmart celebrations
At Walmart, RED 2015 was started with a message from the President & CEO, Krish Iyer.
The message detailed the brand’s appreciation of their efforts, their passion and lauded their employees.
An address by the club manager was also organized.
Other highlights...
Retail
Online sales surge on Black Friday, with Amazon topping discounts
IANS -
US online sales surged on Black Friday, with Amazon.com Inc offering the steepest discounts among e-commerce sites as it set the agenda for what has traditionally been the biggest shopping day of the year for brick-and-mortar retailers.
Though in-store customer...
Research
The Future of Shopping: Spotlight on reinventing retail
What seems like a dream come true for the shopper—an abundance of information, near-perfect price transparency, a parade of special deals—is already feeling more like a nightmare for many retailers.
Companies such as Tower Records, Circuit City, Linens ’n Things,...
Retail
Demonetization Impact: Offline retailers play the digital card to counter drop in sales
With consumers saving every single penny post the Government's recent decision to demonetize Rs 500 and Rs 1,000 notes, offline retailers are extending and encouraging consumers to use digital payment alternatives, in order to counter the short-term loss in consumption...
Food
Target hires Walmart's Shekar Natarajan as SVP Network Planning
Target Corp announced on Monday that it had named Shekar Natarajan for the newly created role of senior vice president, network planning and operational design.
Natarajan will oversee design of the company's direct-to-store and direct-to-customer supply chain systems and report...
Food
Food-only stores on hold as Walmart India evaluates model per FDI rules
Clearing the air of rumors about Walmart scrapping plans to set up food-only stores in the country, Walmart India said that the company is yet to come up with a final decision and is still at an evaluation stage.
Responding...
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Latest News
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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