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LOTS Wholesale Solutions expands footprint with its third store in India

LOTS Wholesale Solutions store in Noida is the first step towards the company's commitment of investing Rs 250 crores in the state of Uttar Pradesh.

January 10, 2019  |  comments ( 0 )  | 

Microsoft partners with retail chain Kroger to develop grocery stores

With this partnership, the two firms will jointly market a commercial retail-as-a-service (RaaS) product to the industry.

January 10, 2019  |  comments ( 0 )  | 

Zomato buys Lucknow-based TechEagle Innovations

TechEagle will help Zomato to create a hub-to-hub delivery network powered by hybrid multi-rotor drones.

December 06, 2018  |  comments ( 0 )  | 

Curefit may foray into online retailing of sportswear

At present, sportswear accounts for around 30% of overall sales at top online fashion retailers across India.

December 05, 2018  |  comments ( 0 )  | 

Lighthouse invests INR 250 crores in footwear brand Aqualite

Other portfolio companies of Lighthouse include laminates maker Stylam Industries, QSR chain Wow! Momo and value retailer V2 Retail.

December 04, 2018  |  comments ( 0 )  | 

De’Longhi Group forms strategic partnership with Orient Electric in India

In the domestic market it has a well-organised distribution network covering over 1,00,000 retail outlets and a strong service network with reach in 320 cities.

November 28, 2018  |  comments ( 0 )  | 

Perpule Raises $4.7 million in Series A to Fuel Omni-Channel Retail & Consumer Commerce in India

Perpule has raised $4.7 million in Series A led by Prime Venture Partners.

November 14, 2018  |  comments ( 0 )  | 

Indian food retail market may attract investment USD 827 bln by 2023: study

In line with Prime Minister Narendra Modis vision to double farmers incomes by 2022 the growth in India food processing industry in value terms is expected to be more

November 13, 2018  |  comments ( 0 )  | 

LOTS Wholesale Solutions expands its footprint in India

LOTS Wholesale Solutions commences its 2nd store operations in Akshardham, East Delhi

November 01, 2018  |  comments ( 0 )  | 

Majid Al Futtaim has announced an investment in Wadi Group which operates Wadi Grocery

Carrefour will become Wadi Grocery’s long term strategic partner for supplying food and non-food groceries

October 31, 2018  |  comments ( 0 )  | 

Nestle eyes 3 per cent sales growth

Food group Nestle confirmed it wants to grow sales by around 3 per cent this year after strong trading in North America and China pushed up underlying sales in the third

October 18, 2018  |  comments ( 0 )  | 

Foodpanda acquires Holachef

Foodpanda is looking to build deeper capabilities to cater diverse needs of millions of Indians by bringing different trusted offerings to enhanced food ordering

October 17, 2018  |  comments ( 0 )  | 

Amazon.in sees its biggest celebration everwith record sales across all categories

Customers from 99% pin codes place an order in just 4 days; over 80% new customers from small towns

October 16, 2018  |  comments ( 0 )  | 

Retail sector set to reach USD 1750 bn. by 2026: FICCI-Deloitte report

E-commerce is expected to grow at a CAGR of over 30% during 2016-21

October 10, 2018  |  comments ( 0 )  | 

Samara-Amazon acquires Kumar Mangalam Birla's More retail chain

Samara acquired majority 51% in Kumar Mangalam Birla’s ABRL while Amazon's investment arm, Amazon.com NV Investment Holdings LLC, the balance 49%.

September 20, 2018  |  comments ( 0 )  |