Latest Articles in retail
Amazon Warehouse Workers Protest Near Detroit, Days After NYC Walkout
Amazon said fewer than 15 of more than 4,000 employees at its Romulus, Michigan fulfillment center participated; one of the action's organizers said 40 people joined in.
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E-commerce Companies Face Disruption As India Locks Down To Curb Coronavirus
At least 75 districts across India were under lockdown to tackle the coronavirus that has infected 415 people and killed seven in the country with health experts warning a big jump could be imminent.
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SBI Reduces MCLR By 10 To 15 Basis Points Across All Tenors
Retail term deposit interest rates will be reduced by 10 basis points for one year and above tenor and 50 basis points for deposits up to 45 days.
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Britain's Tesco To Price Match Aldi Products
The UK industry leader still has a 27.2% share of the market, but it has been chipped away by Aldi and rival discounter Lidl.
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Retail Payment Products Reducing Cash Dependency: Worldline
The transaction value of debit cards stood at Rs 6.8 lakh while transaction value of credit cards stood at Rs 7.1 lakh crore, registering a growth of 21 per cent and 33 per cent respectively.
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Apple To Open First Retail Store In India Next Year, Tim Cook Says
Apple would start selling its products online in the country this year and will open its first Apple-branded store there next year.
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Victoria's Secret Goes Private In A $525 Million Deal
In a statement, Wexner said that separating Victoria's Secret into a privately held company "provides the best path to restoring these businesses to their historic levels of profitability and growth."
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Retail Inflation Rises To 7.35 %
The rise in inflation in vegetables was 60.5 per cent, pulses and products 15.44 per cent and meat and fish was 9.57 per cent.
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Retail Industry Expects Growth In Second Half Of 2020
While major players struggled to keep themselves on the growth chart in 2019, they expect a decent double-digit growth coming back in 2020.
Read MoreLifestyle Retail Brand Tynimo Launches 4th Store In Bengaluru
Over the next one year, Tynimo plans to launch 35 stores across India. As a part of their expansion plan, Tynimo is inviting applications for the Franchise model.
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Future Trends of Consumer Goods Industry
This new trend in sales will offer significant opportunities for DTC retailers and wholesale brands to better control their supply chain operations by cutting out the middleman, or retailer.
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Unilever Denies Reports That Its Tea Business Is Up For Sale
The Telegraph reported late on Saturday that Unilever was exploring a sale, in the face of waning demand for teas in western markets such as the United Kingdom, where black tea bag sales fell 3.4% last year.
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Passenger Vehicle Retail Sales Jump 11% In Oct On Festive Demand: FADA
Total sales across categories rose 4 per cent to 17,09,610 units in October, as against 16,38,832 units in the same month last year.
Read MoreRetail Inflation May Average At 4% In FY20: SBI Report
In October, inflation based on the Consumer Price Index (CPI) spiked to a 16-month high of 4.62 per cent on costlier food items.
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India's October Retail Inflation Rises To 4.62%
Annual retail inflation in October was higher compared with 3.99 per cent in the previous month and analysts' forecasts.
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