Retail returns: An $890 billion problem
A driver for an independent contractor to FedEx delivers packages on Cyber Monday in New York, US, on Monday, Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty Images Holiday …
E-commerce
Hampers to Show Your Irish Friends Are ‘Thinking About You’
A six-pack of Tayto crisps, the potato chips beloved by the Irish; a canister of Bisto gravy granules and the Cadbury white chocolate cookies called Snowy Fingers can all be …
FMCG companies: Is quick commerce a threat to traditional kirana stores? Karan Taurani explains
“So, definitely, quick commerce is the future. But as of now, this business is only present in the top 10-12 cities. How this business model scales up beyond the metro …
Alibaba to allow payment through Tencent’s WeChat Pay on e-commerce apps
The Alibaba Group logo displayed on a mobile phone. Cfoto | Future Publishing | Getty Images Chinese tech giant Alibaba on Wednesday said that its core Taobao and Tmall e-commerce …
Alibaba shares dip 4% in premarket after earnings miss expectations despite cloud acceleration
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Friday, Aug. 2, 2024. Qilai Shen | Bloomberg | Getty Images Alibaba missed top and bottom line expectations …
Amazon plans discount store in bid to fend off Temu and Shein
An Amazon contract worker stacks packages onto a luggage cart outside an apartment building in New York on April 16, 2024. Angus Mordant | Bloomberg | Getty Images Amazon plans …
Tata Consumer | Tata Consumer share price: Not e-comm alone, one has to be in modern trade, in kirana stores also to build scale: Sunil D’Souza, Tata Consumer
Sunil D’Souza, MD & CEO, Tata Consumer, says the retail landscape will change dramatically. Modern trade will take off because India is still under-penetrated. It is primarily driven by kiranas. …
flipkart ipo: Flipkart’s path to profitability will decide IPO timing, says Walmart CFO
Mumbai: Walmart global chief financial officer John David Rainey said Flipkart’s profitability path will influence the timing of its initial public offering (IPO) and the current valuation does not fully …
IFSCA to unveil norms for direct listing at GIFT City by early July
International Financial Services Centres Authority (IFSCA) will come out with final norms for direct listing at GIFT City by early July, its chief K Rajaraman said. “Based on our interactions …
RattanIndia: Entry into renewables could be a natural extension for RattanIndia: Rajiv Rattan
Rajiv Rattan, Founder & Chairman, RattanIndia, says renewables could be a natural extension for the company and the cash coming out of the power business will give them the freedom …