Retail News Round Up_ Jan 21,2016

Retail News :

  • Companies like Pepsi, Wal-Mart, McDonald’s victim of illegal domain names
  • Etailers, startups leased 4.3 million sq ft office space in 2015: CBRE
  • With a new CEO and strategy, the desktop is back at Flipkart
  • FirstCry becomes Ratan Tata’s fourth investment in 2016

  • Freecharge eyes Rs 20,000 crore business next fiscal
  • Maharashtra gives in-principal nod to retail trade policy
  • Amazon expands its global selling service
  • Paytm in talks with ICICI for banking and insurance ventures; also in talks with Citibank
  • Alibaba determined to inject optimism despite a faltering Chinese economy
  • India Post opens counters in Gurgaon and Faridabad for eBay India sellers
  • Adidas eyes 20% revenue from own stores
  • Yoga guru Ramdev eyes Maharashtra forests for Patanjali’s ayurveda products
  • Drew Barrymore to turn international retailer for her beauty brand
  • Mahindra Retail to bring US brand Carter’s to BabyOye chain
  • FSSAI directs state food safety commissioners to implement new norms on additives

 

“Price is what you pay; value is what you get.’ Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.”

-Warren Buffett

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