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Showing 1 - 15 News out of 349

Kroger buys Chicago-based Home Chef for $200 mn

Kroger will pay $200 million for Chicago-based Home Chef, and may pay an additional $500 million over five years provided the sales reach desired milestones. Kroger plans

May 24, 2018  |  comments ( 0 )  | 

Amazon in talks to buy 10% stake in Future Retail

The move comes close at the heels of Walmart's $16 billion payout to acquire 77% of Flipkart India’s largest e-commerce firm. Walmart is Amazon’s biggest rival in the

May 23, 2018  |  comments ( 0 )  | 

Amazon Fashion launches Athleisure brand SKULT by Shahid Kapoor

SKULT has introduced some new categories to the Indian market like thumb holes, drop shoulder jackets, scooped hem tees, long line tees with drawcord that are available

May 21, 2018  |  comments ( 0 )  | 

Fashion Brand 'Soul Space' Launches First Outlet In Pune, Plans 20 Stores by 2019 End

The brand already has its presence in e-commerce platforms like Myntra, Jabong and Amazon besides its self-owned website. It is planning to launch 20 more stores across

May 21, 2018  |  comments ( 0 )  | 

Paytm Mall Adds New services to Online offerings Amid Growing Competition

The company will offer EMIs of Rs 1,000 crore across two million products from 60 brands. It will also offer easy exchange across 7,000 pin codes and affordable device

May 21, 2018  |  comments ( 0 )  | 

Amazon India CTO Dale Vaz Quits, Likely to Join Swiggy

Vaz has already served 10 in Amazon and had been heading the engineering unit of Amazon India's consumer business since 2014.

May 19, 2018  |  comments ( 0 )  | 

Digit Insurer To Cover Mobiles, Partners With E-tail Biggies

The payment mode being digital, the claims can also be settled by moving money to the customer’s account. This is one reason why the e-insurance sale is taking off.

May 18, 2018  |  comments ( 0 )  | 

Flipkart India Cuts losses to Rs 244.7 crore in 2017 Fiscal

Locked in an intense battle for market leadership against American rival Amazon in India, Flipkart had recently inked an agreement with Walmart.

May 17, 2018  |  comments ( 0 )  | 

Marico Limited Launches Its maiden digital exclusive brand Studio-X

As consumers evolve to a newly developed sense of styling inspired by the latest trends and celebrities, Set Wet has introduced its brand – Studio X to offer its

May 15, 2018  |  comments ( 0 )  | 

Amazon to Launch cashier-less stores in Chicago, San Francisco

Opening more stores clears the intentions of Amazon of expanding its physical presence. It bought grocer Whole Foods last year, which gave it 470 stores, and has opened

May 15, 2018  |  comments ( 0 )  | 

Flipkart Won't Change Into Walkart: Doug McMillon

This time around, Walmart's choice in India is starkly different. While Flipkart has absorbed billions of dollars of investor money to rapidly grow its business, its main

May 10, 2018  |  comments ( 0 )  | 

Post-Flipkart Deal Walmart Plans 50 new India Outlets in 4-5 yrs

For the cash-and-carry business, Walmart currently operates in 9 states and 19 cities and the future expansion is focused on more or less the same geographies.

May 10, 2018  |  comments ( 0 )  | 

Deal Among Best Decisions By Flipkart: Walmart CEOWalmart CEO Calls deal the best decisions by Flipkart

Walmart's investment includes $2 billion of new equity funding that would help Flipkart to accelerate its growth pace amid stiff competition from Amazon, which is also

May 10, 2018  |  comments ( 0 )  | 

Walmart-Flipkat Deal Sets High Benchmark for Global Firms In India

The battle between Flipkart and Amazon has seen the global giant focus on sellers and offerings like Prime, while Flipkart used technology and local knowledge to retain

May 10, 2018  |  comments ( 0 )  | 

Walmart acquires Flipkart for $16 bn in world’s largest ecommerce deal

This is also the largest buyout for the US company with its biggest bet ever in online space and on India, underscoring the growing digital consumption potential in a

May 09, 2018  |  comments ( 0 )  |