Workosaur Retail Industry Updates

Amazon strengthens eastern region logistics capability

Thu, 01 Oct 2015 17:29:00 +0000

E-commerce major Amazon India has set up a warehouse facility near here for faster delivery and disposal of orders for the Eastern region.

Hennes & Mauritz to start Indian operations with three stores, first store in Delhi

Thu, 01 Oct 2015 09:21:45 +0000

Hennes & Mauritz said it will open two stores in Delhi in this calender year and add another one in Bengaluru by next year.

Future Group ropes in Vinay Bhatia to drive sales

Thu, 01 Oct 2015 06:48:50 +0000

Bhatia was the VP, marketing and loyalty, at Shoppers Stop, and his seven-year tenure saw the department chain's loyalty card holder base increase.

Jabong's Jan-June losses soar 46 per cent, in talks for sale

Thu, 01 Oct 2015 06:12:38 +0000

Rocket Internet-backed fashion e-tailer Jabong saw its losses, for the first six months of this year at Rs 227.4 crore compared to almost Rs 155 crore last year.

Jabong H1 net revenue at Rs 410.7 crore

Thu, 01 Oct 2015 02:07:40 +0000

Jabong has reported net revenue of Rs 410.7 crore for the six months ended June 30, registering a modest 26.5% year-onyear growth.

GAP, Zara gear up as H&M plans India entry

Thu, 01 Oct 2015 01:05:20 +0000

This Gandhi Jayanti, the national capital will wake up to a slugfest between three of the world’s top fashion brands — H&M, Gap and Zara.

Aditya Birla PE fund buys stake in Creative Lifestyles

Wed, 30 Sep 2015 12:04:34 +0000

Aditya Birla Private Equity has bought a minority stake in women's brand apparel retailer Creative Lifestyles for an undisclosed sum.

Flipkart looks to get 10,000 new sellers on board for festive season

Wed, 30 Sep 2015 11:55:04 +0000

Flipkart expects 10,000 new sellers to join its ecommerce platform this festive season through its recently launched 'Turbo Charge' programme.

ItzCash Card ties up with Flipkart for online shopping

Wed, 30 Sep 2015 09:52:32 +0000

Itzcash today partnered with Flipkart to facilitate online shopping across 75,000 outlets and reach out to those without having access to either a debit or a credit card.

H&M zeroes in on Bengaluru mall for its third outlet in India

Wed, 30 Sep 2015 05:48:15 +0000

H&M is the anchor tenant in the mall being developed by Virtuoso Retail that is expected to open in the last quarter of 2015, one of the persons said.

PepperTap raises $36 million in fresh round of funding, led by Snapdeal

Tue, 29 Sep 2015 21:37:53 +0000

The announcement comes a week after ET reported that the Gurgaon-based startup was in the final stages of closing its latest round of funding.

Festival strategy: Flipkart, Snapdeal to focus on dominance without eroding margins

Mon, 28 Sep 2015 20:56:00 +0000

For Flipkart and Snapdeal, this festival season will be about establishing their dominance, but they are unlikely to give margin-eroding discounts.

Flipkart announces second edition of 'Big Billion Sale'

Mon, 28 Sep 2015 12:03:12 +0000

An app-only shopping event, Big Billion Days, will offer exciting offers and unbeatable discounts across 70+ product categories for customers to shop from, the company said.

Online furniture market place Pepperfry extends Last Mile Delivery to 400 cities

Mon, 28 Sep 2015 10:39:19 +0000

Online furniture market place Pepperfry has extended its Last Mile Delivery (LMD) service to 400 cities across the country.

24x7Fresh betting on morning service to differentiate from big players

Mon, 28 Sep 2015 09:47:16 +0000

The recently launched online grocery service 24x7Fresh hopes to leverage its early starter advantage in the breakfast category to grow its customer base in the country.