IDBI Capital: Avenue Supermarts Marching Towards Normalcy, Store Addition Rate To Improve
IDBI Capital: Avenue Supermarts Marching Towards Normalcy, Store Addition Rate To Improve
IDBI Capital: Avenue Supermarts - Marching Towards Normalcy, Store Addition Rate To Improve

SMBs, Tier-2 cities drive e-commerce festive sales
SMBs, Tier-2 cities drive e-commerce festive sales
Ecommerce majors Amazon and Flipkart have reported unprecedented response for their festive sales events during the first three days. Amazon said over 1.1 lakh sellers have received orders, about 66% of them from non-metros, while Flipkart said 60% of its 3 lakh sellers were from Tier-2 cities.

DMart shuts two Mumbai stores to take on Reliance in e-commerce space
DMart shuts two Mumbai stores to take on Reliance in e-commerce space
Converts outlets into online fulfillment centres; experts say firm had been quietly stitching up a strategy to boost e-commerce operations, push its value proposition aggressively among consumers

Prestige group agrees to sell certain office, retail assets and 2 hotels to Blackstone for ₹12K cr
Prestige group agrees to sell certain office, retail assets and 2 hotels to Blackstone for ₹12K cr
Prestige group will utilise the fund raised through this monetisation to partly retire its debt and future expansion..US-based Blackstone has invested around $8 billion in Indian real estate

Recovery mode: Business picks up at electronics stores in Bengaluru
Recovery mode: Business picks up at electronics stores in Bengaluru
Footfall at electronics stores in the city is improving as Bengalureans working from home look to buy bigger and powerful devices and appliances. Stor

Why retail giants are eyeing rural India, small towns to push growth
Why retail giants are eyeing rural India, small towns to push growth
Retail giants have drawn up aggressive plans to make inroads into the smaller cities and towns of India and are employing a variety of tools, including ramping up local language coverage. With farm sector seen as a key support to growth against the mayhem triggered by the pandemic, these companies sense an opportunity to increase sales betting on rural and small town India. “While our overall ticket sizes have gone down, the huge number of new consumers that have come on board from Bharat have made up for that loss. As a result, our sales have doubled compared to pre-Covid,” said a senior executive at one of India’s leading ecommerce companies, who did not wish to be quoted.

The Burger Company to Open 50 Stores by December 2021
The Burger Company to Open 50 Stores by December 2021
Gurgaon, India : The changing food habits of the young Indians is resulting in the increasing size of the QSR segment. Burgers are surely dominating this segment, as they rule the hearts of the young, the old, and the kids alike. Burgers are now modern Indian snacks. However, maintaining the taste and

Amid tensions with China, India warns Amazon, Flipkart over country of origin rule
Amid tensions with China, India warns Amazon, Flipkart over country of origin rule
The two e-commerce firms have been given 15 days to explain the lapses or action will be taken against them, according to an Oct. 16 letter addressed ..

Trends in Retail Shopping Behaviour in the New Normal
Trends in Retail Shopping Behaviour in the New Normal
The Covid-19 pandemic and the related nationwide lockdown created a huge dent in businesses throughout India. Shuttered stores and factories led to jobs losses, with India seeing its biggest GDP drop in decades.

Tier II, III Towns Account For Snapdeal’s 90% Orders On Day 1 Of Festive Sales
Tier II, III Towns Account For Snapdeal’s 90% Orders On Day 1 Of Festive Sales
Launching its ‘Kum Mein Dum’ campaign on Friday, the ecommerce company said that 30% of its orders came from first time users on Day 1

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