Tag: Walmart

Retail News Round Up_April 25,2016

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Retail news :

 

 

“As we look ahead into the next century, leaders will be those who empower others.”

-Bill Gates

 

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Retail News Round Up_April 11,2016

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Retail news :

  • Alibaba set to bring back the Walmart for Indian retailers Business Standard
  • Not just phones, Snapdeal to deliver more products in 4 hours
  • Flipkart logistics arm Ekart bags offline clients like Lifestyle, Madura Fashion as it aims to become independent powerhouse
  • NGT appoints local commissioner to inspect Coca Cola’s plant in UP
  • Burrp eyes Rs 150 crore revenue by March 2019
  • 3,000 jewellers resign from BJP in Rajkot
  • Jewellers Strike on Gudi Padwa day cost jewellers Rs 2,000 crore
  • From July, big info display on food packs
  • Lulu group to invest Rs 5,000 crore in India in next 4 years
  • Hard Rock Cafes India franchisee to raise Rs200 crore

 

 

“The important thing is not being afraid to take a chance. Remember, the greatest failure is to not try. Once you find something you love to do, be the best at doing it.”

-Debbi Fields

 

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Retail news Round Up_Feb 19,2016

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Retail news :

  • Private equity firm Samara Capital files winding-up petition against Guardian Lifecare
  • Flipkart and Amazon launch initiatives to to get sellers on board in 60 minutes
  • Walmart just signaled a terrifying new reality for American retail
  • Ikea to make India global sourcing hub for bamboo products

  • Online retail store Jaypore raises Rs 30 crore in funding from Aavishkaar
  • Lenskart plans to expand operations through franchise model
  • Costa Coffee to focus on making India outlets profitable
  • Tata Global looks to accelerate Starbucks store expansion
  • Giving Indian shoppers less means big bucks for D-Mart
  • ParkAvenue Deodorant Wears a New Look, Courtesy WOW Design
  • Wal-Mart to create hundreds of fresh food manager roles
  • Pharmacy aggregator CareOnGo raises angel round
  • Xpressbees busy raising funds, bags Rs 85 crore for SAIF Partners, IDG Ventures, NEA, Vertex, Valiant Capital
  • Truecaller Launches TrueSDK to Help 3rd Party Apps Verify New Users via Phone Numbers
  • Tata Unveils the First India-Made Robot ‘Brabo’ in 2 months #MakeinIndia

 

“Forget past mistakes. Forget failures. Forget everything except what you’re going to do now and do it.”

-William Durant

 

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Retail News Round Up_Feb 17,2016

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Retail News :

  • Walmart eyes $300-mn investment by 2020; to open 19 new stores
  • com to acquire online payments company Emvantage Payments
  • Global diamond industry urged to spend $200mn
  • Luxury League hosts ‘Global Design and Innovation Session’ for Make in India week
  • Brands make micro-nutrient value addition to get closer to customer and compliance
  • PNB declares United Breweries Holdings ‘wilful defaulter’
  • Make In India: Investments on hold, but Siemens is bullish on long term opportunities in India
  • Sustainability not size is the new mantra for investors of startup ecosystem
  • MylesPartners Zomato for Hunger Drive
  • After Flipkart, Myntra Too Admits Their App-Only Mistake; Officially Announces Mobile Site Relaunch
  • Indian Company to Launch World’s Cheapest $7 Smartphone!

 

“Success is a state of mind. If you want success, start thinking of yourself as a success.”
-Joyce Brothers

 

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Retail news Round Up_ Feb 10,2016

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Retail news :

  • Senior executives at Paytm selling their shares to tech titans at a premium
  • Nestle to bring back chicken variant of Maggi on Snapdeal
  • Government mulling 100% FDI in market place model of ecommerce
  • Brick-and-mortar retail stores in revival mode as online sellers avoid deep discounts

  • Amazon plans to launch global shipping and logistics business
  • Budget 2016: Government may end excise exemptions for some grocery items in preparation for GST
  • Walmart to sign 3 pacts with Telangana government to expand presence
  • Amazon plans to offer loans to Indian sellers
  • Flipkart inks exclusive partnership with Kalyan Jewellers
  • India Bullion & Jewellers Association not to support strike call by All India Gem & Jewellery Trade Federation
  • H&M to expand presence in north India
  • US Apparel brand Urban Factory enters India on its own
  • Packaged goods to get costlier on increase in agri-commodity prices
  • Swedish furniture giant IKEA likely to invest in Mizoram
  • Urban Ladder to expand modular solution business in 2016
  • Government eases duty norms for imported goods for exhibition
  • IRCTC & Chaayos Partner to Bring 25 Varieties of Chai & Snacks Straight to Your Train Seat

 

“Success in business requires training and discipline and hard work. But if you’re not frightened by these things, the opportunities are just as great today as they ever were.”

-David Rockefeller

 

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Retail News Round Up_Feb 01,2016

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Retail News  :

  • Flipkart invests Rs 666 crore to push logistics cart in next growth drive
  • Even as losses pile up at home, Myntra plans entry into US
  • KFC fined Rs 5 lakh for sub-standard food items
  • B-schools see strong placements; 12% rise in average offer size
  • Walmart, Target, and Aldi are addressing a huge weakness – and it’s turning into Whole Foods’ worst nightmare
  • Myntra is working on optimizing cost
  • Chinese retailing giant JD.com tests drone in rural areas
  • The Beer Cafe is looking to raise nearly $40 mn from PE funds
  • With muted biscuit growth, Parle targets bigger bite in snacks
  • Healthy’ corn moves beyond snack to full meals
  • Blue Star enters air cooler segment, eyes Rs 150 crore sales
  • Wonderchef targets USD 20 million sales; to make in India in 3 years
  • FDA holds campaign against tobacco

 

“None can destroy iron, but its own rust can! Likewise none can destroy a person, but its own mindset can!”

-Ratan Tata
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Retail News Round Up_ Jan 29,2016

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Retail news :

  • Myntra, Jabong to reduce discounts in a bid to check mounting losses and to steer towards profitability
  • Ecommerce majors Amazon, Flipkart together rented about 3.6 million square feet warehouse space in 2015
  • Paytm plans to triple gross merchandise value to $10 billion by December’16
  • In U-turn, Centre may allow FDI in multi-brand retail
  • Founders of Paytm, Zomato sign petition urging PM Modi to ensure net neutrality

  • Flipkart to launch an exchange programme, starting with smartphones and television sets
  • Snapdeal to add new features like product selfies, enhanced order-tracking to improve user experience
  • GreenDust launches its mobile website
  • Flipkart partners with Udacity to hire graduates based on Nanodegree projects
  • Being Human Clothing to enter activewear category
  • Patanjali eats into Colgate’s toothpaste market share
  • Gurgaon-based startup Pluss ties up with Baba Ramdevs Patanjali Ayurved
  • Walmart launches entrepreneurship prog for women businesses
  • Global cos testing Indian mkt through online route
  • Companies go extra mile to indulge kids with wearable gadgets, digital books
  • 5G Mobile Networks are here! Stockholm World’s First City to Experience It

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“RETAIL IS A CUSTOMER BUSINESS. YOU’RE TRYING TO TAKE CARE OF THE CUSTOMER—SOLVE SOMETHING FOR THE CUSTOMER. AND THERE’S NO WAY TO LEARN THAT IN THE CLASSROOM OR IN THE CORNER OFFICE…”

– ERIK NORDSTROM, PRESIDENT, NORDSTROM DIRECT

 

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Retail News Round Up_ Jan 14,2016

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Retail News :

  • Amazon India pedals for greener world, delivers packages under 5km radius by bicycle
  • Walmart plans tieups with online retailers
  • Indra Nooyi becomes Yale’s biggest alumni donor
  • Nestle is being sued for allegedly using child slaves on cocoa farms
  • Godrej Appliances lines up more products under NXW brand
  • Narayana Murthy says Start Up India to boost entrepreneurship, jobs
  • Young entrepreneurs raise clamour for invite to PM Modi’s Start Up India action plan
  • Startups are now swearing by crowdfunding platforms like Grex and Equity Crest to raise money
  • PayU launches payment splitting solution for online marketplaces
  • TravelKhana and IRCTC tie up for meals on trains
  • Orange to buy Airtel’s operations in Burkina Faso and Sierra Leone
  • IndusInd Bank ties up with PayU to launch digital banking for its users

 

“WE KNOW WHO OUR CUSTOMER IS AND WE’RE A COMPANY STANDING FIRM WITH OUR POINT OF VIEW.”

– RALPH LAUREN, CEO, RALPH LAUREN

 

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Retail News Round Up_ Jan 12,2016

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Retail news :

  • Zomato shuts online ordering in 4 cities
  • Pantaloons Fashion fixes record date for scheme of merger
  • France’s Louis Vuitton sues counterfeit online sellers in China
  • Walmart to open 15 more stores in Andhra Pradesh

  • Dabur under pressure now Emami also enters honey category
  • The government just proposed a sea change to American diets
  • Mother Dairy, IEISL in tie up to sell organic compost
  • Andhra Pradesh becomes first state to unveil retail policy
  • Government committed to reforms and will push GST, other bills: Venkaiah Naidu
  • Retail inflation probably edged up for fifth month in December
  • Ola’s corporate solution to compete with Uber’s business profiles
  • Joister launches free unlimited public WiFi in Mumbai & Pune
  • Online jewellery retailer Melorra raises $5M from Lightbox Ventures
  • An app to book black & yellow cabs in Mumbai to be launched soon
  • FreshMenu secures Rs 110 Cr from Zodius Capital and Lightspeed
  • Tata Docomo to provide free public WiFi at BSE

 

“You walk into a retail store, whatever it is, and if there’s a sense of entertainment and excitement and electricity, you wanna be there.”

– Howard Schultz
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Retail News Round Up_Oct 23,2015

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Retail News :

 

  • Top ecommerce firms Flipkart, Amazon, Snapdeal shun UP, Uttarakhand post tax hassles
  • Myntra targets 10X growth, $5 billion in GMV by 2020
  • Reboot Systems India in talks to raise $15 million to $25 million to take on GreenDust, OverCart
  • Shopclues eyes $1 billion GMV by early next year
  • Amazon to reward top sellers on its platform
  • Walmart suddenly removed ‘Made in USA’ labels from its website
  • Gati’s net profit falls 16.15% to Rs 5.8 crore due to higher staff benefit costs
  • Government to increase spends on digital advertising