Tuesday, May 28

Tag: Retail store

The Secrets Behind DMart’s Low Price Strategy
BUSINESS

The Secrets Behind DMart’s Low Price Strategy

Founded in the bustling city of Mumbai in 2002 by the visionary leader and investor R K Damani, DMart has emerged as a leading supermarket chain in India. With a humble beginning of stores limited to four states during its initial 15 years, the company has now expanded exponentially to encompass an impressive network of 336 stores across 72 cities in 11 states. In this article will find out the Secrets Behind DMart's Low Price Strategy which sets apart from its competitors like Reliance retail, Spencer, Star market etc. First Lets Understand DMart's Philosophy When it comes to retail giants, DMart has made a name for itself with its low price strategy. Shoppers flock to DMart stores, eager to snag great deals on a wide range of products. But what exactly is the secret behind DMart's...
Walmart drone delivery testing in North Carolina city
News

Walmart drone delivery testing in North Carolina city

New York, Sept. 9, 2020: US-based retail stores Walmart said in its press release that they are testing on-demand drone delivery with Flytrex. The pilot program launched in Fayetteville, North Carolina, and focuses on delivering select grocery and household essential items from Walmart stores using Flytrex’s automated drones. Tom Ward, Senior Vice President, Customer Product, Walmart said, "From being an early pioneer of universal bar codes and electronic scanning cash registers to our work on autonomous vehicle delivery, we’re working to understand how these technologies can impact the future of our business and help us better serve our customers." Last week, Amazon won regulatory approval to deliver packages by drone, but the company said it was still testing the self-piloting ...
Flipkart acquires Walmart India, to launch Flipkart Wholesale for B2B segment in August
INDIA

Flipkart acquires Walmart India, to launch Flipkart Wholesale for B2B segment in August

Bengaluru, 23rd July 2020: Flipkart announced the acquisition of Walmart India for an undisclosed amount, and said it will launch ‘Flipkart Wholesale’ next month, as the homegrown e-commerce major looks to tap into the USD 650 billion B2B retail markets in India. Walmart India runs 28 Best Price wholesale stores in the country. The announcement comes a week after Flipkart had said it had raised USD 1.2 billion in funding from a Walmart-led investor group. In 2018, Walmart Inc had invested USD 16 billion for acquiring 77 percent stake in the group. Flipkart Wholesale is a new digital marketplace focusing on addressing the business-to-business (B2B) segment in India. “This marketplace is going to effectively link sellers and manufacturers on one end and kiranas and micro, small ...
Xiaomi to Open a Retail Store in London Amid Expansion Spree
News

Xiaomi to Open a Retail Store in London Amid Expansion Spree

Xiaomi has become one of the most popular smartphone brands in the world and with its expansion spree, the company continues at speed up after it announced plans to open its first retail store in London. The Chinese smartphone maker is popularly known for developing quality Android phones at affordable prices and already it has launched devices in Spain, Italy and France. The foray has now touched the UK where Xiaomi launched its Mi 8 Pro device at an event yesterday and revealed that it will open a store at the Westfield mall in London. Now, this outlet would become Xiaomi’s first authorized Mi Store. Styled on Apple’s iconic stores, the Mi store will showcase a range of products, not all of which are available in the UK. Xiaomi has also shown a taste of what the company is plann...
Amazon Open First Cashierless Shop For Public
News

Amazon Open First Cashierless Shop For Public

Online giant Amazon today opened world's first cashierless store in Seattle where hungry customers will be able to grab sandwiches and go, without having to wait in line or use a checkout. The American group unveiled the concept for its cashierless "Amazon Go" shop just over a year ago, saying the 170 square meters store would initially offer grocery products to its own employees before being opened to the public. Early testing however revealed bugs, leading to a delay. In a message yesterday on its website, Amazon said it had created "the world's most advanced shopping technology so you never have to wait in line." But if the rollout has taken some time, it's now ready to Go. People armed with the app are able to pick up items as they roam the store and place them directly in ...
After Online Launch, Patanjali Opens Exclusive Store at IGI Airport
News

After Online Launch, Patanjali Opens Exclusive Store at IGI Airport

Yoga guru Ramdev's Patanjali Ayurveda on Thursday opened its exclusive store at the Indira Gandhi International Airport Terminal 2 in New Delhi. Currently Pantanjali have around 5,000 exclusive stores and would add more into that. The ayurveda company is also going to launch a new loyalty card on January 26, named ‘Swadesh Samridhi. Patanjali has plans to connect around five crore people through its loyalty programme, which would also offer insured sum to the holders in case of death and disability, he said. Earlier on January 16, Patanjali Ayurveda entered into an agreement with e-commerce websites to give a big push to the online sale of its Swadeshi range of Fast-moving Consumer Goods (FMCG). Its products will now be available online on websites like PayTM Mall, Big Basket, ...