Logistics & Retail – Feedback

Logistics & Retail

e-Commerce major Amazon India’s payments arm Amazon Pay has received capital infusion of Rs.230 crore from Singapore-headquartered Amazon Corporate Holdings and Mauritius-headquartered Amazon.com.incs Ltd. Money, which was allotted on June 28, 2018 as per RoC data accessed by business intelligence platform paper.vc, was timed to bankroll discounts, cash-back offers, and marketing and customer acquisition costs […]

Automobile sector is witnessing a rapid growth. Adani Logistics, a subsidiary of Adani Ports and Special Economic Zone (APSEZ) and NYK Auto Logistics (India) have joined hands for transporting finished vehicles. Joint venture will use automobile freight trains to strengthen their finished vehicles transportation service network. 2 companies concluded an agreement for establishing the JV. […]

In 1st of a 5 part series on soon-to-become unicorns, Business Standard takes a close look at BigBasket’s business model. Years ago local kirana stores gave way to big retail superstores but professionals were still looking for better experiences in terms of pricing, ease of shopping, choosing better and particular brands and, most importantly, saving […]

Retailer is piloting a delivery service that will cover all the three Future Group-owned convenience formats – Easyday, Nilgiris and Heritage. Future Group is testing a door-step delivery service in a bid to secure its market as competition intensifies from hyper-local grocery delivery service providers, besides the growing threat from Amazon India which is scaling […]

e-Commerce companies like Snapdeal and ShopClues have welcomed the government’s decision to reinforce Press Note 3 for FDI implementation, stating that it will facilitate a level-playing field for marketplaces as well as sellers. Companies have said new rules will dissuade “malicious practices” being done by certain platforms for some “proxy sellers”. Ecommerce leaders Flipkart and […]

Go offline with experience centres; ready to take on Amazon & Flipkart, too. Online furniture and home-décor start-ups are pulling out all stops to take on online giants Flipkart and Amazon, and also IKEA, world’s largest brick-and-mortar furniture retailer, which is set to open shop in India nest week, with its first store in Hyderabad. […]

e-Commerce major is also expanding its delivery reach through logistics arm eKart. Flipkart is looking at non-metros and smaller cities to position itself as “fashion capital” of country. Bengaluru-based firm has come up with a strategy to inspire next 100 million customers, especially those in tier-II and -III cities, to come online and shop for […]

7,500 products across categories on offer at premium as well as pocket-friendly prices. Swedish home furnishing company IKEA’s first India store in Hyderabad has all ingredients of becoming a new tourist attraction in the city, considering its size, and the range, number and quality of products, coupled with price points that seem affordable to many […]

Shoppers Stop is planning to expand footprint in Tier-II and III cities. Company is likely to open five new stores in 2018-19. It will also enter 4 new locations namely Calicut, Nashik, Guwahati and Bhubaneswar. Department store chain has set aside an amount of Rs.120 crore for opening 5 outlets, 12 beauty stores and upgrading […]