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Omnichannel is the key to success: Walmart's Krish Iyer

For retailers, the days of relying on a physical presence without incorporating digital selling channels are over. In today’s highly competitive marketplace, retailers are blending both worlds to meet — or exceed — customers’ expectations. After all, it’s the...

India Food Forum 2017: What it means for your business

India Food Forum is one of the most recognised food events in the industry. The upcoming chapter of the event will take place from January 31 to February 02 at Bandra Kurla Complex, Mumbai, India Established in association with the...

Amazon's worth is now more than top 8 brick-and-mortar retailers combined

According to Credit Suisse analysts led by Eugene Klerk, with a current market cap of $390 billion, Amazon is now worth more than the top eight traditional brick-and-mortar retailers combined. The note by the analysts' goes on to say that the Seattle-based retail...

Walmart's Rosalind Brewer, Microsoft's Satya Nadella to join Starbucks' Board

Starbucks Corporation announced on Wednesday the nominations of President and Chief Executive Officer of Sam's Club (a division of Walmart), Rosalind Brewer; Executive Chairman of the LEGO Brand Group, Jørgen Vig Knudstorp; and CEO of Microsoft Corporation, Satya Nadella, to...

Walmart to add 10,000 retail jobs in the US in 2017

Walmart, which had announced a year ago it would close 269 under-performing stores, including 154 that employ  approximately 10,000 workers, in the United States, has now announced that it will add 10,000 retail jobs in the country this year. The announcement has won...

Indian Retail: 5 Highlights of the year 2016

In a year when change became the only constant for India's retail, both brick-and-mortar and e-commerce majors remained on their toes to decipher consumers consumption behavior and demand. Where 2016 brings to an end, years long wild exuberance by online...

Retail Employees’ Day 2016: Walmart celebrations

At Walmart, RED 2015 was started with a message from the President & CEO, Krish Iyer. The message detailed the brand’s appreciation of their efforts, their passion and lauded their employees. An address by the club manager was also organized. Other highlights...

Online sales surge on Black Friday, with Amazon topping discounts

US online sales surged on Black Friday, with Amazon.com Inc offering the steepest discounts among e-commerce sites as it set the agenda for what has traditionally been the biggest shopping day of the year for brick-and-mortar retailers. Though in-store customer...

The Future of Shopping: Spotlight on reinventing retail

What seems like a dream come true for the shopper—an abundance of information, near-perfect price transparency, a parade of special deals—is already feeling more like a nightmare for many retailers. Companies such as Tower Records, Circuit City, Linens ’n Things,...

Demonetization Impact: Offline retailers play the digital card to counter drop in sales

With consumers saving every single penny post the Government's recent decision to demonetize Rs 500 and Rs 1,000 notes, offline retailers are extending and encouraging consumers to use digital payment alternatives, in order to counter the short-term loss in consumption...
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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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