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What Innovation Means Now: 20 retailers redefining grocery experience

Change was happening at a rapid pace throughout the retail world prior to the COVID-19 outbreak. But when the virus happened, food retailers gained a new perspective on what an accelerating pace of change really looks like. Health officials...

Manish Tiwary gets additional mandate to manage Amazon India seller services

Amazon India Vice-President for Consumer Business Manish Tiwary has been given the additional mandate of the seller service unit, according to the company. Amazon India Vice President (Seller Services) Gopal Pillai, who had relocated to India from Seattle in 2015,...

Battle of mergers and consolidations intensify in India’s retail market

The Indian retail market is expected grow and reach US$ 1.4 trillion by 2023 at a compound annual growth rate (CAGR) of 10.7 percent between 2020-2023. Following the acquisition of Flipkart by Walmart in 2018, the fast-growing and lucrative...

Amazon opens 'Fresh' grocery store in Los Angeles

Amazon on Thursday opened a new grocery store in Los Angeles which enables customers to skip the checkout line, and also manage their shopping lists with new Alexa features. The e-commerce giant said that the ‘Amazon Fresh’ grocery store is...

Flipkart registers 54 pc rise in number of transacting sellers during Independence Day sale

Walmart-owned Flipkart said the number of transacting sellers on its platform rose by 54 percent during the recently concluded sale as compared to last year. Flipkart held an ‘Independence Day Sale’ from August 6-10, where sellers on the platform witnessed...

Amazon Prime Day 2020: Key takeaways and way forward

For most sellers on Amazon India, Prime Day was a way to recover from the recent slump. 77 percent sellers participated in the event for the first time and 68 percent new product launches took place, as per a...

Jubilant FoodWorks Limited forays into the FMCG category

Jubilant FoodWorks Limited (JFL), one of the largest foodservice companies in India and master franchisee of Domino's Pizza and Dunkin' Donuts, announced its entry into the Rs 500 crore ready-to-cook segment with the launch of a new brand, 'ChefBoss'. The...

Amazon aims to hire 'many more' people in India

Amazon is planning to get more sellers on board as the company focuses on digitising a lot of micro, small and medium-sized businesses in India and hiring many more people, a top company executive has said. During an earnings call...

Pandemic sales help Amazon post biggest profit in history

Riding on surging online sales during the pandemic as people stayed home, Amazon reported solid second quarter results, registering a 40 percent increase in net sales to US$ 88.9 billion, compared with US$ 63.4 billion in the same period...

SMBs, startups to launch over 1,000 products on Amazon Prime Day

Over 100 small and medium-sized businesses and start-ups on Amazon.in will be launching more than 1,000 new products across 17 categories on Prime Day in India that starts at midnight on August 6 and will run for 48 hours,...
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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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