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Latest Articles in retail

KKR To Invest Rs 5,500 Cr In Reliance Retail Ventures

The investment by KKR values RRVL at a pre-money equity value of Rs 4.21 lakh crores and with this its investment will translate into a 1.28 per cent equity stake in RRVL on a fully diluted basis.

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94% Of MSMEs Relied On IT Infrastructure During The Lockdown To Stay Afloat: Reports Tally Business Owner's Sentiments Study

MSMEs employ about 110 million people across the country but the lockdown saw a surge in reverse migration affecting small businesses who were left with a limited workforce.

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Future Enterprises Q4 net loss at Rs 394.77 cr

The company had posted a net profit of Rs 66.58 crore in the January-March quarter a year ago, Future Enterprises Ltd (FEL) said in a BSE filing.

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Indian Companies To Spend Half Of Cloud Budget On Hybrid Over 3 Years: IBM

According to the respondents, 17 per cent of their IT spend is allocated to cloud at present and they plan to increase the share of spend on hybrid from 42 per cent to 49 per cent by 2023.

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Flipkart Buys Parent Walmart's Indian Wholesale Business

Walmart, which has been running Best Price wholesale cash-and-carry stores in India since 2009, bought a controlling stake in Flipkart in 2018 for $16 billion.

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India E-commerce To Grow 27%; Reliance To Capture Half Of Online Grocery Sales: Goldman

Online penetration of retail is expected to reach 10.7 per cent by 2024, versus 4.7 per cent in 2019.

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Time to Re-imagine Consumer Journeys is Now

The full potential of this opportunity will not be unlocked unless e-commerce models evolve to address the core barriers and pain points and stay relevant to these new consumers.

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Future Group Partners With o9 Solutions In Their Retail 3.0 Journey

India’s publicly listed retailer has prioritized improving supply chain performance through next-generation technology as an important part of its 'Thathastu' initiative.

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H&M Swings To Deep Loss In Second Quarter As Pandemic Weighs

Pretax loss was 6.5 billion crowns ($695 million) against a year-earlier profit of 5.9 billion. Analysts had on average forecast a 6.4 billion crown loss.

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Amazon To Launch $2 Billion Venture Capital Fund To Invest In Clean Energy

The e-commerce giant, which has faced protests from environmental activists and pressure from its employees to take action on climate change, has also vowed to be net carbon neutral by 2040.

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JD.Com Raises $3.87 Billion In Hong Kong Secondary Listing

The pricing comes as shares in Chinese online gaming firm NetEase began trading in Hong Kong on Thursday after raising $2.7 billion in its secondary listing there.

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Japan's Factory, Retail Sectors Slump As Pandemic Hits Auto Sector

Retail sales plunged 13.7% in April from a year earlier, heavily weighed by slumping demand for general merchandise, clothing and vehicles.

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CRM & Loyalty Player Easyrewardz Launches Shopster Toolkit For Retailers

Shopster is a tool we conceptualized and built to equip retail brands to embrace the new normal of customer acquisition and engagement.

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Fitch Assigns Future Retail's Final Rating At CCC+ On Liquidity Pressures

FRL's 500 million dollars 5.6 per cent senior secured notes due in 2025 have been assigned a rating of CCC-plus with a recovery rating of RR4.

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