Two agents who helped Walmart and its former partner Bharti Enterprises obtain licences for stores have dragged both companies to court.
Big Bazaar has already started a pilot in some outlets, including Mumbai and Delhi NCR, and it plans to extend the service nationwide.
Timberland is staging a comeback in India, albeit through an online alliance. The US manufacturer known for its hiking boots and outdoor clothing is close to a tie-up with Myntra.com.
"Shopping is still offline in India because customers still want to touch-and-feel, which can only happen at offline stores,” said Kunal Behl.
The controversy over high lead content in Maggi has apparently impacted sales of rival brands too in the Rs 3,800-cr instant noodles market.
India’s brick-and-mortar retailers have stepped up their campaign against the country’s nascent but aggressive breed of online retailers.
The size of the market that China offers is enormous. It is a fast growing market. Although India is a big opportunity for us, it has not yet reached the level of China.
“We are an IT company and we are a software company,” said Bahl in an interview on Tuesday. “We are not an ecommerce company. We are an enabler.
Marketplace model adopted by e-commerce companies just smart accounting: Kishore Biyani, Future Group
Biyani said marketplace model adopted by ecomm cos differs little from conventional methods, questioning the rationale that allows them to raise foreign capital.
Big retailers vs e-commerce portals: If no decision taken in four months, can approach court again, says Delhi HC
Companies that run physical stores had filed a petition seeking a level playing field with online retailers on foreign direct investment rules.
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