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Walmart to launch Amazon Prime like subscription service

The retail giant Walmart is reportedly planning to unveil a new subscription service called Walmart+ that will offer similar benefits to Amazon Prime. Walmart was expected to unveil Walmart+ earlier this year before the pandemic derailed those initial plans. But...

Flipkart's 2GUD makes foray into social commerce

Walmart-owned Flipkart on Wednesday announced the launch of social commerce on its 2GUD platform. Consumers on 2GUD's social commerce platform will be exposed to a feed of videos made by a hand-picked influencer network across various topics and categories,...

Amazon Seller Services gets fresh fund infusion of Rs 2,310 cr from parent

US-based e-commerce giant Amazon has infused fresh capital to the tune of Rs 2,310 crore into one of its India units, Amazon Seller Services, according to regulatory documents. Amazon Corporate Holdings and Amazon.com.inc have made the Rs 2,310 crore...

Best practices and new solutions for food retailing during a pandemic

Scientists all over the world are scrambling to expedite vaccine trials, launch antiviral drugs and create new diagnostic tests to help end the COVID-19 pandemic. But there’s another assailant threatening to disrupt global society, and especially food retail. The...

Amazon India waives fee to help 10 lakh weavers, artisans, women entrepreneurs

Amazon India on Wednesday said it is extending a 100 percent SoA (Sell on Amazon) fee waiver for 10 weeks, a move aimed at helping over 10 lakh artisans, weavers and women entrepreneurs who are part of its ''Karigar'...

E-commerce policy may incentivise kiranas for joining online ecosystem

India may soon incentivise kirana stores which become part of the e-commerce ecosystem by converting their operations to handle both online and offline sales. The special package of incentives for the smaller format mom-and-pop stores is likely to be a...

COVID-19: Apple to close 11 stores again after reopening them a few weeks ago

Apple's Friday decision to close stores in four states with surging coronavirus cases highlights a question that other businesses may soon face: Stay open or prepare for more shutdowns? Apple, like many other major US retailers, shut down all...

How the global fashion industry is adopting technology to thrive again

Ever since its outbreak, the global retail fraternity has been betting on technology as the antidote for fashion retail’s recovery from the coronavirus pandemic. As lockdown restrictions begin to be eased around the world and retailers limp back to...

Flipkart preparing to start hyperlocal delivery services

Walmart-owned Flipkart will soon launch a new hyperlocal delivery service that will enable customers to receive items from nearby stores, according to sources. Flipkart is looking to start testing the service in Bengaluru in the next few weeks, beginning...

Myntra eyes 3 million shoppers, expects tier-II, III markets to contribute over 40 pc of EORS sales

Fashion e-tailer Myntra on Monday said it expects about 3 million people to shop on its platform during its End of Reason Sale (EORS), slated for later this month, and tier-II and tier-III markets to contribute over 40 percent...
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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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