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US retailer Sears Holdings Corp files for bankruptcy

The company listed $6.9 billion in assets and $11.3 billion in liabilities in documents filed in the US Bankruptcy Court in the Southern District of New York.

October 15, 2018  |  comments ( 0 )  | 

Amazon introduces a new concept '4-star' retail store in New York

Earlier, Amazon has opened physical stores that sell books, and has had pop-up outlets in some locations, but Amazon 4-Star is a new concept that offers a variety of

September 28, 2018  |  comments ( 0 )  | 

Amazon may open more than 3,000 cashierless stores by 2021

The Amazon Go store has no cashiers and allows shoppers to buy things with the help of a smartphone app.

September 20, 2018  |  comments ( 0 )  | 

IKEA targets home delivery by electric vehicle in five major cities by 2020

IKEA Group is the largest franchisee to brand owner Inter IKEA, with 366 stores in 30 markets.

September 15, 2018  |  comments ( 0 )  | 

Creative goods maker Etsy Forays into Indian market

The newly formed team in India is based in Delhi and will focus on creating more opportunities for India’s extensive maker community to sell their products worldwide.

July 27, 2018  |  comments ( 0 )  | 

Reliance Brands in talks to buy Genesis Luxury

According to industry experts the acquisition is in line of the company's objective of achieving strong foothold in the booming luxury market.

June 18, 2018  |  comments ( 0 )  | 

Walmart launches new delivery service to challenge Amazon Prime

The service also allows shoppers to order items from Walmart.com and even websites of rival retailers. It is a part of Walmart's internal start-up incubator, Store No. 8.

June 01, 2018  |  comments ( 0 )  | 

Myntra To Launch Its Exclusive Red Carpet Line

Myntra recently has partnered with over 2000 leading fashion and lifestyle brands in the country such as Nike, Adidas, Puma, Levis, Wrangler, Arrow, Jealous 21, Diesel,

May 18, 2018  |  comments ( 0 )  | 

Maternity wear brand Seraphine to Foray Into India in August

The company also plans to tap in online channel, besides offline distribution including its own portal and marketplaces, to increase its products' reach.

May 07, 2018  |  comments ( 0 )  | 

Amazon To Introduce 3D scanning for exact size of clothing

The idea behind this project is apparently to help Amazon provide you with the best fit of clothing and in turn, reduce the number of returns the company has to deal with

May 07, 2018  |  comments ( 0 )  | 

Alibaba says annual net profit up 47% in 2017-18

For the fourth quarter, the company saw revenue soar a better than expected 61 percent year-on-year to 62 billion yuan.

May 05, 2018  |  comments ( 0 )  | 

Ace Turtle aims to enable Rs 1,000 cr sales on its platform

Ace Turtle integrates all offline and online retail sales channels for the brands, providing a single view of inventory and order.

April 24, 2018  |  comments ( 0 )  | 

Kim Kardashian To Launch Lingerie, Shapewear Line

The unnamed collection is expected to retail at affordable prices for fans, and the 37-year-old is said to be involved in every aspect of developing the collection.

April 23, 2018  |  comments ( 0 )  | 

Bankrupt store chain Bon-Ton gets acquisition offer

The York, Pennsylvania-based retailer, with 23,000 employees and 256 stores across 23 states, filed for creditor protection in February.

April 10, 2018  |  comments ( 0 )  | 

Flipkart Fashion Eyes Half of Online Market Share

The online fashion retailer claims to lead the online fashion category with a market share of 35 per cent, with the aim to extend its lead and control 50 per cent of the

April 04, 2018  |  comments ( 0 )  |