Retail News Round Up_Aug 22,2015

Retail News :

 

  • Future Group firm sells 2.02% stake in Pantaloons
  • Philips appoints an Indian CFO for the first time
  • After SRSGrocery.com, SRS Group to open 3 more online portals
  • Connect India in talks with Flipkart, other e-commerce firms to enhance delivery and distribution
  • FirstCry spends around Rs 20 crore; hands out one million gift boxes to moms in hospitals
  • Prabhat Dairy’s Rs 300-cr IPO to hit capital markets on August 28
  • Starbucks is transforming coffee shops into bars
  • Like Xiaomi & Microsoft, Micromax plans to develop own OS across platforms
  • Government frames policy for e-marketing of handloom products
  • IntelligenceNODE raises $4M from NEA & Orios Venture Partners
  • Aditya Birla Group launches startup incubator Bizlabs

 

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