Eretail

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E-retail is concept of selling or buying products through online using electronic media. Get latest update & trends on online retail.

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Flipkart gearing for another massive lay off; Figures might touch to 800 employees

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The top-level sources told that the decision of initiating the second round of discharge was taken soon after the first lot of employees was released from their jobs.

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Myntra leverages LogiNext Technology to optimize logistics, bring down costs

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For enhanced real-time tracking, visibility and alerts, LogiNext, with their product HaulTM empowered Myntra to enrich their brand value within their customer base.

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Will the 'Try and Buy' model give eRetailers an edge over offline retail?

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The model was first incepted by some leading online marketplaces such as UrbanLadder, Lenskart and Caratlane etc., but now it's been widely picked by eRetailers across the segments of retail including fashion.

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Myntra's new feature might catch the eyes of fashion seekers

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The recent study suggests that India's online shoppers' data has crossed 80 million but out of these, there are only few who invest their money on fashion.

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Urban Ladder wants to move in for single brand retail license

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If the brand manages to get a node from the government then it will be the first foreign-funded ecommerce portal to make the full use of the recent amendments.

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Why Indian eRetailers are not able to configure their fraud settings?

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One of the major challenges of the eCommerce industry today is the rising consumer concern about counterfeit and piracy, especially in terms of payments and villainous eCommerce imposters.

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Premji Invest backs Lenskart by investing an undisclosed amount in the firm

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The transaction comes three months after it got 400 crore, in a round led by International Finance Corp, the private sector investment arm of the World Bank.

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Why is eCommerce still a hopeful business option in India?

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Today, the number of tech-savvy consumers who explore multiple channels before making their crucial purchase decisions has grown manifold.

Criminalisation of counterfeiting in Retail

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The toughest problem that the retailers are facing in terms of brands is counterfeiting: Raghu Pilaka

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According to Mint 2014 report, the Indian market for fake luxury labels, including handbags, watches and perfumes, is growing at twice the growth rate of genuine luxury products.

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Addressing the challenges of Indian eCommerce

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Due to close competitors in the Ecommerce sector, every online portal is trying to come up with innovative and appealing marketing strategies to attract customers by rendering great basket value sales and discounts.

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How online wholesale marketplaces can create positive disruption in traditional retail

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In the B2C segment, there has been a considerable shift in buying behavior across markets and buyer segments across India.

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Amazon sets the ball rolling for sellers as it welcomes the festive season

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Amazon has already launched a similar system in US, UK, Germany and Japan and now it is planning to pull India under the same umbrella.

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How digital money is providing a seamless global shopping experience

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Cross border sales have splurged exponentially over the past few years. With the combined market value increasing to $1 trillion it is touted to scale in the years to come.

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Priya Cherian Flipkart's HR director will now beef up Alibaba's India team

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An email sent to Alibaba didn't elicit and response and Alibaba's spokesperson stated that the company does not comment on rumours about personnel movement as a matter of its policy.

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PhonePe to shuffle the online payments segment

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Initially, the online payments wallet has been launched in association with Yes Bank and currently, it supports only the android systems.

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Snapdeal digs Snapdeal Gold to lock horns with competitors Flipkart and Amazon

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Snapdeal Gold is a free service upgrade that is available anytime a user pays for the purchase through Net Banking, Credit/Debit card, EMI or wallet at the time of booking.

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Jasper Infotech acquires 140 crore funding from Clouse SA

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In February, Brother Fortune Apparel Pte Ltd, an investment entity that represents several Chinese high net-worth individuals, had invested about Rs 335 crore in Snapdeal.

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Flipkart aims to back its merchants by providing additional Rs 75 Cr loan

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Under the 'Flipkart Growth Capital' programme, launched in July last year, Flipkart sellers can avail loans with interest rates starting at 11.40 per cent.

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Cult receives backing of $3 million from Bansal and Nagori's CureFit

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Cult is a brain child of fitness trainer Rishabh Telang and it focuses on providing fitness programmes to the users without traditional gym equipment.