June 11th, 2018The Indian retailer body known as Retail trader body Confederation of All India Traders (CAIT) has threatened nationwide agitation if the Indian government clears $16 billion Walmart-Flipkart acquisition deal.
The US-based retailer Walmart acquired 77% stake in Flipkart in its biggest takeover in the history till date. The deal values...
November 20th, 2017nternet giant Alibaba Group Holding Ltd said on Monday it would invest HK$22.4 billion ($2.87 billion) for a major stake in China’s top hypermart operator, Sun Art Retail Group Ltd, part of a wider push into offline retail.
As part of an alliance with Auchan Retail S.A. and Ruentex Group, Alibaba would buy the stake from Ruentex...
June 23rd, 2017As Amazon.com Inc looks to swallow U.S. grocery chain Whole Foods, China's tech giants are already digesting hefty bricks-and-mortar deals, taking the lead in the battle to transform supermarket shopping with big data and better supply chains.
China's Alibaba Group Holding and JD.com Inc have invested heavily in offline retail -...
June 1st, 2017SAN FRANCISCO: Google is testing a way to tie online ads to brick-and-mortar store purchases, a move whetting marketing appetites while fueling privacy worries.
A product called “Google Attribution” was unveiled at a marketing conference this month in San Francisco by the Internet giant. Google has long been able to determine when...
May 19th, 2017Chinese handset maker Xiaomi will set up Mi Homes in four cities, including Delhi and Hyderabad, as it looks to increase its revenues from the offline retail market in India.
Last week, it unveiled its first Mi Home in Bengaluru that will allow consumers to experience and buy all Xiaomi products under one roof.
Xiaomi had forayed...
May 7th, 2017Urban Ladder, a leading consumer brand in the home furnishing space, today launched another unique offline store format. Exclusively designed for Sofas, Urban Ladder’s first sofa lounge is located in HSR Layout, Bangalore, the heart of the city’s largest new home belt. Redefining the sofa buying process, the 600 sq. ft. store has...
March 27th, 2017Chinese handset maker Xiaomi today said it plans to ramp up its offline distribution channel in the country and is targeting around 50 per cent of its turnover from this segment.
“Till now, our focus was on online sales. Now, we will focus both on online and offline distribution. We expect our share from offline to grow from current...
March 9th, 2017Most businesses these days are fixated with offline retail and in-store sales as a sector. Start-ups are racing to serve large corporations , while ignoring a major segment of the market i.e. small and medium retailers. Netree is a mobile networking platform that creates value and sustenance for these small and medium...
October 24th, 2016Mahindra First Choice Wheels (MFCWL) today announced the launch of a platform that allows buyers to participate in traditional 'on the ground' used-car auctions via internet in real-time.
The platform, True Time Bids will significantly improve efficiency of how vehicle auctions are conducted in India today, the company said in a...
October 5th, 2016In a bid to ensure continuous access to mobility, taxi aggregator Ola announced the launch of Ola Offline in four metro cities. The new feature will enable customers to book a cab even without Internet on their smartphones.
Ankit Bhati, CTO and Co-Founder, Ola, said the feature was piloted in several smaller markets like Indore and...
September 20th, 2016Wal-Mart Stores on Monday said it has completed the acquisition of Internet retailer Jet.com after agreeing to pay about $3 billion for the e-commerce startup last month.
Wal-Mart Chief Executive Doug McMillon announced the closing of the deal, which was pending regulatory approval, in a blog post on the retailer's website.
The...
September 9th, 2016How many times it has happened to you that you get all buckled up and walk into a showroom to purchase an item that you’ve researched all along, and the day you finally reach the showroom, it goes out of stock! People are now smarter than they were some years ago. They research for every article before carrying out purchase. Though...
