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Showing 1 - 15 News out of 62

Ecommerce to contribute 11% of FMCG sales by 2030: Nielsen

Presently e-commerce accounts for 1.3% of the total FMCG sales and it is gaining traction very fast.

November 15, 2018  |  comments ( 0 )  | 

B2B startup ShopX bags $35 mn fund from Fung Strategic Holdings

Nandan Nilekani, leading entrepreneur and investor, backed ShopX from its early days with a personal investment of more than US$18 million in addition to providing

August 07, 2018  |  comments ( 0 )  | 

Aditya Birla Retail signs pact to sell More to Samara Capital for Rs 4,300 cr

In 2017 fiscal, ABRL reported a 20% increase in sales to Rs 4,194 crore, narrowing net losses to Rs 644 crore from the year earlier. However, the company had debt of

June 30, 2018  |  comments ( 0 )  | 

Kedaara, Partners to buy Vishal Mega Mart from TPG, Shriram Group

The transaction expected to complete later this year after going through regulatory approval. As per reports, Kedaara and partners may value Vishal Mega Mart (VMM) for

May 23, 2018  |  comments ( 0 )  | 

Walmart Opens First High-tech Small Sized supermarket In China

Walmart is also targeting more online shoppers, spending twice as much in the United States when buying on its website.

April 03, 2018  |  comments ( 0 )  | 

Aditya Birla Group To Issue Rs 2,800 Cr Equity For Debt Weigh Down

ABRL, the operator of More supermarkets, reported a 20% increase in FY17 sales to Rs 4,194 crore, with net loss narrowing to Rs 644 Cr.

March 31, 2018  |  comments ( 0 )  | 

German Retailer Metro Profit Increases In 17-18 Financial Year

Metro which had already reported fourth-quarter sales said quarterly earnings before interest and taxation (EBIT) and adjusted for special items fell to 267 million euros

December 14, 2017  |  comments ( 0 )  | 

Alibaba To Buy 36% Stakes Of Sun Art For $2.9 Billion

The $474 billion firm is taking more risks to secure offline rural and overseas buyers as China urban e-commerce market shows signs of saturating including purchasing

November 20, 2017  |  comments ( 0 )  | 

Vasanth Kumar Appointed New Managing Director Of Lifestyle International

In the other leadership change Shital Mehta will be joining the India leadership team in January 2018 and will officially take on the role of executive director and CEO

November 10, 2017  |  comments ( 0 )  | 

German retailer metro reports sluggish growth rate

Fourth-quarter sales rose 0.7 percent to 9.2 billion euros ($10.86 billion), below average analyst forecasts for 9.3 billion euros

October 23, 2017  |  comments ( 0 )  | 

SPAR to launch a new outlet in Prozone Mall, Coimbatore

SPAR Hypermarket had entered the Omnichannel space in May this year to provide its customers an easy and hassle-free shopping experience across channels.

August 09, 2017  |  comments ( 0 )  | 

M&S Reliance India MD Venu Nair becomes new commercial officer for Trent Ltd

Nair is expected to join Trent by the end of April. He will report to Philip Auld, who took over as the chief executive of the BSE-listed company three years ago.

April 03, 2017  |  comments ( 0 )  | 

Pescafresh to start an e-commerce website and mobile app

Mumbai-based Seafood Bazaar, which runs "Pescafresh", plans to launch a new e-commerce website (www.pescafresh.com) followed by its own mobile application.

September 28, 2015  |  comments ( 0 )  | 

Spencer's Retailís ambitious targets

Targets revenues of Rs 5,000 crore over next four years

February 06, 2014  |  comments ( 0 )  | 

Tata's Star Bazaar to reduce store size

Plans to have stores measuring 20,000-30,000 sq ft

February 04, 2014  |  comments ( 0 )  |