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JioMart to boost online grocery retailing in India by connecting offline vendors with households

Reliance Industries Limited (RIL) had announced its entry into online grocery retailing via a new e-commerce platform, JioMart, in August 2019 and started a pilot for the same in Mumbai in January 2020. Through JioMart, it is planning to...

Flipkart shuts down Jabong, to focus only on Myntra

Walmart-owned Flipkart has formally shut down Jabong and will now only concentrate on pushing its premium fashion marketplace Myntra. Users are now being redirected to Myntra’s shopping window from the Jabong app and website. Myntra had acquired rival fashion portal Jabong for $70...

Bezos's India visit crucial as e-commerce space gets fierce

As the Indian e-commerce market enters into an interesting phase with Reliance firming up its mega plans with launching JioMart, Amazon Founder and CEO Jeff Bezos is in India this week to explore the ground situation amid a possible...

Flipkart beefs up supply chain with two more warehouses

Walmart-owned Flipkart on Tuesday said it is strengthening its supply chain infrastructure by setting up two warehouses (fulfilment centres or FCs) in Haryana, a move that will create about 5,000 jobs locally. “Spread across 9 lakh square feet, the FCs...

How Walmart’s Alphabot is helping to revolutionize online grocery pickup and delivery

In Salem, New Hampshire, a Walmart supercenter is rolling into the future. Alphabot, a first-of-its-kind piece of tech, is now fully operational and working with associates. Its goal? To revolutionize the online grocery pickup and delivery process for associates...

Retail giants to locate logistic hubs in MP

Retail giants Walmart, Amazon and Reliance are gearing up to tap the strategic location of Madhya Pradesh to set up logistic bases by locating national distribution centres and warehouses in the state. The improved connectivity of Madhya Pradesh with other...

Scan & Go: Technologies that will rule 2020 & the stores that are getting it right

Imagine walking into a store, choosing a product, standing in a long line to pay and then getting into an argument with a cashier. Now, imagine walking into a store and getting personalised attention, choosing products that are customised...

Massive Store Closures: Retail Apocalypse or Repositioning of Retail?

The Retail Industry is going through a massive transformation globally. With changing preferences, way consumers shop has drastically evolved over the past few years. Today, shoppers demand experiences and smart brands are making an honest effort to provide them...

Scan & Go: Seamless payments, self-checkouts disrupt consumer experience

Imagine walking into a store, choosing a product, standing in a long line to pay and then getting into an argument with a cashier. Now, imagine walking into a store and getting personalised attention, choosing products that are customised...

Amazon doing extremely well in India: Jeff Bezos

E-commerce giant Amazon is doing "extremely well" in India, its founder and CEO Jeff Bezos has said while expressing hope for regulatory stability in the country. According to a PTI report: Bezos' remarks came in response to a question on...
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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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