Day: February 13, 2020


Marks & Spencer is closing two of its clothing distribution centres in a move that puts almost 700 jobs at risk. The struggling retailer is revamping its warehouse network to save money and improve stock availability, which is a long-running Read more…


NEW DELHI: Commerce and Industry Minister Piyush Goyal on Thursday asked e-commerce players to strictly adhere to FDI norms, saying it “certainly does not look and feel and smell right” when a company makes a loss of Rs 6,000 crore Read more…


Luxury retail is experiencing a paradigm shift. The traditional ways of doing retail are no more effective and require a radical makeover. Mobile commerce is blooming worldwide as growing number of consumers are using their smartphones to research, compare, purchase Read more…


PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts’ expectations after strong performances by its North American beverage and snack divisions. But investors focused on the company’s weaker-than-expected forecast for 2020, and shares rose less than 1% in Read more…


Heywood Hill bookshop has stood on the same spot since 1936. It inhabits a Georgian townhouse at 10 Curzon Street in Mayfair, London, a blue plaque outside commemorating its most famous employee, Nancy Mitford. Behind its heavy wooden door, a Read more…


Bengaluru: Amazon India told the Karnataka high court on Wednesday that there is no “prima facie” evidence on the basis of which the Competition Commission of India (CCI) wants to open a probe. The e-tailing giant, in its hearing to Read more…

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