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Reliance Retail is 94th on Deloitte’s top retailer list

The global retailing industry saw a record growth in revenue in 2017 with the top 250 companies increasing their revenue by over 83 percent, according to a latest report by a professional services multinational that said Reliance Retail was...

Walmart buys San-Francisco based online retailer, ModCloth

Walmart, on behalf of Jet.com, has acquired online retailer ModCloth, best known for its vintage-inspired clothing. Walmart had acquired Jet.com The 15-year-old brand is known for its quirky, indie-inflected collection of clothes. ModCloth was founded by high school sweethearts Susan Gregg...

E-Wars: Is Amazon running scared of Walmart?

Walmart Stores Inc. has claimed that it’s online growth and e-tail market share has been more than Amazon’s this quarter. The company’s fourth quarter results show a 29 per cent rise in e-commerce sales as compared to 22 per...

Walmart buys outdoor e-tailer Moosejaw for US $51 mn

Walmart is buying Moosejaw, a company that specializes in outdoor recreation apparel and gear, in a bid to strengthen the global retail stalwart's online offerings for US $51 million in cash. Walmart said it will continue to operate the website...
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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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