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Amazon Beauty launches Global Beauty Store; brings international brands to India

Global Beauty Store on Amazon presents over 60 international beauty brands and more than 5,000 products Bengaluru: E-commerce marketplace Amazon has expanded its beauty category with the launch of Global Beauty Store which offers a curated selection of over 60 international...

Shoppers Stop allots Rs 179.26-cr shares to Amazon

Retail chain Shoppers Stop said it has allotted 5 per shares worth Rs 179.26 crore to Amazon.com NV Investment Holdings LLC, an investment arm of Amazon.com. According to a BSE filing by the company, it has issued of 43,95,925 equity...

American food store chain Whole Foods to lower prices after acquisition

Amazon.com, now closing its acquisition of Whole Foods Market Inc., announced on Thursday its plan to make the latter's natural and organic food affordable for everyone. As what the world's largest Internet-based retailer called a down payment, the grocery store...

Souq to benefit immensely from its acquisition by Amazon

Souq.com, one of the biggest online retail and marketplace site in Middle East, will benefit immensely from its acquisition by e-commerce major Amazon.com, said the company's CEO and Co-founder, Ronaldo Mouchawar. Amazon.com and Souq.com in a joint statement today said...

Amazon plans to invest $1.49 bn to move its Prime Air cargo

One of the largest worldwide e-tailer Amazon.com is investing $1.49 billion to move its Prime Air cargo hub to another airport and plans to schedule more than 200 flight departures and landings per day. Amazon's fleet of 16 leased Boeing...

Now, Amazon to provide housekeepers, clean your house

Amazon may literally help you clean your house soon. The e-commerce behemoth might be starting a service to clean the homes of Amazon Prime members. The Seattle Times first reported job postings on the Amazon website for "home assistants" to help Amazon...

Amazon shares tumble despite a quarterly revenue jump of 29 pc

Even as Amazon.com reported a 29 percent rise in quarterly revenue on recently, the companies shares fell 6 per cent in after-hours trading in New York as it significantly missed earnings expectations in the third quarter. The world's biggest online...

Walmart, Target change retail strategy ahead of holidays, increase in-store pick ups

Retailers like Walmart Stores Inc. and Target Corp. are investing heavily to make more products available for same-day store pickup, staffing the pickup counter with more workers and stocking inventory closer to those workers to shorten wait times, a key consumer...

Amazon to hire 120,000 temp workers for holiday season

Amazon today announced it is creating more than 120,000 seasonal positions across its U.S. network of fulfillment centers, sortation centers and customer service sites this holiday season. Last year, the US-based online retail giant had hired 100,000 temporary workers. Amazon said...

Top 10 global retailers operating in India

The retail industry is changing like never before, with e-commerce and technology taking over all spheres of the sector. However, despite the growing popularity of shopping online, physical stores are still formidable at selling merchandise, owning about 90 per cent of...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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