MULTI BRAND RETAILERS
Retailers with omni-channel approach will thrive: Razdan
We must remember that the Indian consumer is still evolving, says Harsha Razdan.
Kishore Biyani sees a ‘Phygital’ future for retail
Chief of Future Group said physical and online retail channels may converge soon.
Top brands shun exclusive e-tail deals
The move by the brands is an effort to reach a wider consumer base, which is not possible by being ava...
Top brands shun exclusive e-tail deals
German sportswear maker Adidas, which had an exclusive tie-up with Flipkart and Myntra, has started selling on Amazon India. British retailer Marks & Spencer, which went online in India through Flipkart Group, has now moved to Amazon and Ajio as well.
Digital, physical retail have own advantages, challenges; hybrid model 'phygital' can perform better: Kishore Biyani
Biyani, in a fireside chat at Amazon's SMBhav event, said physical and digital retail started in different eras but will eventually come together in the next 3-4 years. "Physical has its own advantages and nuances and digital has its own advantages. Both of them came in different eras and they will meet, I think in next 3-4 years it will be 'phygital',".
Mobile phone retailers threaten brands of boycott unless online discounting is stopped
Cellphone retailers under the umbrella of their apex national body, All India Mobile Retailers Association (AIMRA) has informed brands like Xiaomi, Samsung and OnePlus that unless online discounting is controlled, retailers will deduct the difference and sell at online prices and may even consider boycotting the brand altogether.
Government eyes curbs on toys, TV set imports
Sources said there have been suggestions to restrict toy imports, for which several steps such as a quality control order as well as stringent standards have been worked out. Similarly, there have been issues with white goods, especially TV sets, with several domestic players, too, relying on cheap imports from China and Southeast Asian countries.
PE Funds Advent, Kedaara in discussions to acquire Sequent
The founder promoters of Sequent, including serial entrepreneur Arun Kumar, KR Ravishankar and family, together hold about 56.5% in the listed entity, while PE investor Ascent Capital holds 5% stake. JP Morgan is running the sale process.
Xiaomi, Samsung to bring parity to online and offline launches
These two companies have communicated to retailers Monday after the All India Mobile Retailers Association (AIMRA) said last week that unless the manufacturers maintained parity, retailers across the country would sell at online prices and recover the shortfall from the brands. The communication also included a boycott ultimatum.
Retail stocks set for re-rating as consumer spends improve
Growth in the retail sector is expected to pick up in the first half of fiscal 2021.
CCI’s ‘soft view’ on E-comm rules irks phone retailers
Unhappy with watchdog’s suggestions confederation of All India Traders, All-India Mobile Retailer Association will meet commerce minister next week.
Wanna play safe? Look at debt-free stocks that rallied up to 122% in 2019
Of the 95 names in the BSE500 index that have debt-equity ratios close to zero or zero.
Mobile makers get retailer ultimatum on online discounts
More than 50,000 mobile phone retailers have given an ultimatum to the top five smartphone brands to permanently stop online discounting and launch of online exclusive models, claiming that the ecommerce push had badly hurt their business.
HDFC Bank posts loan growth of 20% in Q3 on festive push
Besides the loan growth, the bank also saw a strong growth in deposits.
Pre-export certification, branding, SEZ revamp for food sector key to boost agri exports: TPCI
“If this is ensured, the quality of our product will also fetch premium value for food and beverages exports. The mandatory 100 % pre-export certification will create the brand as a reliable and good quality exporter,” said TPCI Chairman Mohit Singla.
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