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Snapdeal to 200 workers: Perform or perish

Competition is heating up; rivals like Amazon and Flipkart are gaining ground; Snapdeal is under pressure to perform, and it’s passing this pressure on to the employees. The e-commerce giant has put 200 employees on a Performance Improvement Plan (PIP)....

E-retailers held 83 per cent market share in 2015

According to a study conducted by Morgan Stanley, Flipkart, Snapdeal, and Amazon – the “Big Three” accounted for more than 80 per cent of the total market in 2015. Snapdeal and Amazon India lost market share as online shopping options...

Flipkart, Snapdeal to strengthen logistics arms

Flipkart's CEO, Binny Bansal, has decided to keep control of the company’s logistics arm under himself even as the e-retailer is throwing its doors open to outside players in the field of logistics. Flipkart restructured teams in its retail and...

Offline retailers slow e-com blitz

Delhi: According to a report in Business Standard, the combined losses of Flipkart, Amazon and Snapdeal – India’s top e-retailers – were Rs 4,984 crore during 2014-15. The report goes on to state that three of the largest, listed offline...

Flipkart shuts grocery delivery app Nearby

Less than five months after testing it, Flipkart has decided to shut down its grocery delivery app, Nearby. The experimental app was launched by the online retail giant in October last year. Nearby was only launched in one city,...

Positive quarter puts retailers on growth path

Prominent retailers of the country seem to be on a roll when it comes to posting their quarterly numbers. While Future Lifestyle Fashion posted a nine fold jump in net profit, encouraging festival season sales saw, Shoppers Stop reporting...

Ready-to-eat-breakfasts are the new rage

Aditya Bagri, Director, Bagrry’s India Limited, shares his thoughts about the growing consumer traction for healthy breakfast cereals and how his company is best placed to tap into this opportunity with its expanding portfolio of oats and muesli products…. With...

Online grocery: Convenience trumps price

From pure-play and omni-channel to hybrids, the grocery e-tailing roll call in India is well and truly on. Grocery – given the perishable nature of some products and logistics bottlenecks – is not an "in favour category" with Indian e-tailers...

Understanding consumer trends is key to success in retail

Consumer and market sentiment is today more buoyant than it was until two years ago. The improvement in confidence levels has had a positive impact on how we spend. There is no doubt that consumer spending today is more...

Indian craft beer brand Bira91 raises USD6 mn in Series A funding

Craft beer company B9 Beverages recently announced that it has raised USD 6 million in Series A funding from Sequoia Capital and other marquee investors for its handcrafted beer brand Bira91 (the number stands for India’s country code). Other investors...
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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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