Hong Kong-based WK Life plans to open 200 outlets in the country in the next two years, selling mobile phone cases, power banks, earphones and speakers to tap the burgeoning business in one of the largest smartphone markets.
Diwali is still the biggest revenue generator for offline fashion retailers but its impact on their overall annual sales has been waning over the years, experts say
Amazon uses these centres as last-mile delivery points on a hub-and-spoke model. Every metropolitan city generally has a couple of such delivery centres.
Ikea said it’s still gauging the impact and wouldn’t be able to comment on whether prices will be raised or not.
“The aggregator shall not attach more than 20,000 vehicles under one licence and only one licence shall be issued to a company or an aggregator,” according to the draft issued by the Posts and Transport Department of Gujarat.
Hunch has so far invested about $150 million in various tech firms, Indiaroots.com, healthcare venture, high-end concierge services among other entities.
The Walmart-owned company plans to sell women’s fashion, sports and lifestyle products, accessories and cosmetics through these stores.
Future Group is trying to change it by supplying its entire food and FMCG from distribution centres — to be located within a range of about 200 km of each of its retail outlets.
Delhi chain Sardarbuksh sued by US coffee giant may be renamed Sardarji-Buksh if HC rules against it.
This consortium will be pitted against Amazon, which submitted a term sheet to pick up a stake in FRL.
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