Online sales
International News
2020 holiday season sees 49% YoY spike in US online sales
Despite the challenges of the pandemic, holiday sales in the US beat expectations thanks to a spike in online sales.
According to the research data analyzed and published by Finaria, retail sales grew by 3% during the period, against an expected...
Research
Online sales growth same as last year, no major jump due to COVID impact
IANS -
This festive season has seen 30-40 percent growth in e-commerce volumes with overall growth similar to that witnessed last year.
A report by financial services major, Bernstein, said: "While not a negative surprise, we had anticipated a much higher growth...
Retail
Shopping malls aim to increase business by 40-50 pc during festive season: ASSOCHAM
Faced with heavy discounts from e-commerce, shopping mall owners in major cities are shaping back, going aggressive in the run up to Diwali offering freebies and easy finance options, hoping to win back the footfalls and increase their business...
Retail
Flipkart races past Amazon, sells 15.5 million units
After claiming to make history in the Indian e-commerce by crossing 1400 crore in a single day, home-grown major Flipkart has zoomed past arch-rival Amazon in terms of number of units sold during its festive season sale, which ended on...
Retail
Festive sales by e-tailers a blatant violation of FDI policy: CAIT
Once again the online retailers have began flouting the FDI policy, alleged the Confederation of All India Traders (CAIT). Referring to the festive offers termed as big sales being conducted by the e-commerce companies, it said, this is the...
Retail
Snapdeal's Unbox Diwali sale: CoD no longer a favourite mode of payment
Unlike usual days, Cash on Delivery has not been a preferred mode of payments for Snapdeal's customers during its ongoing festive sale, the company announced today.
"In the first two days of the sale, more than 50 per cent of...
Retail
Diwali Sales: ShopClues clocks 5x increase in net business
E-commerce major Shopclues, which launched its 'Diwali Sale' along with rival Amazon on October 1, announced that the marketplace has clocked a five-fold increase in its net business over the weekends(October 1 and October 2).
The company which aims to...
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Latest News
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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