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Amazon.com launches Junglee.com in India

US-based online retailer, Amazon.com has launched an online retail store “Junglee.com,” in India that offers more than 1.2 crore products and over 14,000 brands from offline and online retailers, including Amazon.com, Homeshop18, UniverCell, Hidesign, Gitanjali, The Bombay Store, Fabindia,...

ibibo appoints Krishna Motukuri as MD, E-Commerce

ibibo, an Internet and mobile product company, has appointed Krishna Motukuri as Managing Director of its e-commerce business. Motukuri will be responsible for driving online shopping and classifieds platforms.Ashish Kashyap, CEO, ibibo Web said: "We are very excited to...

Amazon to take on Carrefour in the next 10 years

According to a London-based research boutique, Research Farm's latest report,“An Insider View: Amazon.com,” the online retail giant, Amazon's outstanding sales growth will lead to Amazon overtaking the world’s second biggest retailer Carrefour in sales within the next ten years. The...

Amazon.com announces an increase in second quarter sales

Seattle based Fortune 500 company, Amazon.com, Inc has announced an increase in its net sales from 51 per cent to $9.91 billion in the second quarter ended June 30, 2010, compared with $6.57 billion in second quarter 2010.Operating cash...

Amazon set to launch services in India next year

World's largest online retailer, Amazon.com is set to enter India, riding on the second wave of e-commerce boom in India. Amazon is in discussions with leading Indian e-commerce players like Flipcart.com, LetsBuy.com and Exclusively.in, among others and may enter...

Walmart struggles to shift from bricks to clicks

Since Walmart first ventured into the Internet 15 years ago, the Bentonville, Ark., company has struggled online. Early on, Walmart.com featured a clunky digital version of the greeter who welcomes shoppers at each store. Even in the Web's early...

Former Asda executive set to join Amazon UK

A former executive at the Walmart-owned grocer Asda is set to join the online retail giant Amazon in the UK to help drive its growth plans. Amazon is close to hiring Doug Gurr - who left his role as Asda’s...

Amazon swallows The Book Depository

Online book retailing is about to get a little bit less competitive, with Amazon announcing that it will buy The Book Depository.The cost of the transaction remains undisclosed.The British company, which is popular in Australia due to its low...

Best Buy to downsize brick-and-mortar footprint

Amid weak sales and growing online competition, Best Buy plans to sublease space at its stores to smaller retailers, joining the ranks of big-box giants that are shrinking store sizes. When it comes to retailing, big is not so beautiful...

Amazon launches US private sale website

Amazon has launched a US private sale website for designer clothes, branching out into a much-hyped new retail area with members-only shopping and time-limited “flash” sales with discounts of up to 60 per cent. The world’s biggest online retailer opened...
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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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