Day: February 21, 2020


Kolkata: The contribution of e-commerce to smartphone, television, air-conditioner and washing machine sales has gone up in 2019 from the previous year, which marketers attributed to continued shift of consumption habit and plethora of price aggressive online launches. Latest data Read more…


Coca-Cola said Friday that the COVID-19 outbreak could drag down its first-quarter earnings by as much as 2 cents. The global beverage giant is forecasting that the virus will hit its quarterly earnings by 1 cent to 2 cents, unit Read more…


Hammerson has offloaded its out-of-town retail parks for £455m as it looks to reduce its £3bn debt pile and shield itself from the high street crisis. The property group, which owns the Bullring shopping centre in Birmingham, is selling seven Read more…


BENGALURU: Near.Store, a plug and play ecommerce platform for offline stores has raised $300,000 seed funding from Sauce.vc, an early stage consumer focused VC fund and other individual investors. Near.Store enables local stores to go online, digitize their inventory, develop Read more…


NEW DELHI: Walmart‘s Flipkart has filed a legal challenge against an antitrust investigation ordered against the company in India, a court filing seen by Reuters showed, following a similar petition by its rival Amazon.com Inc. The Competition Commission of India Read more…


By : Karen Weise and Michael Corkery SEATTLE : What if the Everything Store couldn’t sell everything because of disruptions from the coronavirus? That’s the situation that Amazon — which typically stocks more than 100 million items, from toilet paper Read more…

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