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Category: India Retail News

Goldman Sachs picks the grocery stocks set to rise as they take on Amazon

Amazon logo seen displayed on a smartphone. Igor Golovniov | SOPA Images | LightRocket | Getty Images Grocery retailers are set to “close the gap” with Amazon as they develop new revenue streams that could be worth billions, according to Goldman Sachs. While brick-and-mortar stores’ push into e-commerce is costly, there is a “compensating upside” …

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Kerbside scheme to cut electronic waste could be launched in UK | Business

The UK government is considering nationwide kerbside collection of used electrical appliances and gadgets to help improve the recycling of electronic waste. Local councils in some areas already collect broken washing machines and toasters in schemes funded by waste collection fees that all retailers selling electrical goods must pay. The government is consulting on the …

Kerbside scheme to cut electronic waste could be launched in UK | BusinessRead More

Hyderabad’s Sarath City Capital Mall uses exciting schemes to draw shoppers

Sarath City Capital Mall, Hyderabad’s largest shopping mall, announced the lucky draw winners of festival shopping contest ‘SHOP & WIN’ at a grand ceremony today at Sarath City Capital Mall, Kondapur. As part of festival sales the mall announced BMW X1, Benelli Imperiale 400, and other exciting prizes to the customers. The prizes were handed …

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Retailtainment, convenience to redefine India’s consumer retail story: Deloitte

Deloitte India has unveiled the 2021 edition of the report ‘Know your consumer – What you see is what you get’ at Retail Leadership Summit (RLS) organized by Retail Association of India (RAI), highlighting key trends that will drive a new wave of growth strategy in the retail consumer industry. Adoption of digital technologies has …

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CEO Special: V-Bazaar to open 7 more new stores in this financial year – CMD, Hemant Agarwal

The pandemic has been a once-in-a-lifetime test of business continuity planning for retail businesses across the globe. Even when things have stabilised to an extent and economies are gradually opening up, the industry is being confronted by a hard question – what’s next? With little to no revenue in sight for months, the sector turned …

CEO Special: V-Bazaar to open 7 more new stores in this financial year – CMD, Hemant AgarwalRead More

5 key factors to win in the Indian Luxury Market in 2021 & beyond

India is one of the fastest developing economies across the globe. As per the latest report by IMF, India is the only major economy of the world predicted to have a double-digit growth in 2021. Further, CEBR forecasts India to become the world’s third largest economy by 2030. Backed by economic development, internet penetration, policy …

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Zomato to bolster finances to remain competitive in online food delivery market: GlobalData

Following the news that Indian food delivery startup Zomato has raised US$250m in a fresh funding round; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “After the latest funding round, Zomato has emerged as the most-valued foodtech unicorn in India with a valuation of US$5.4bn. It testifies the …

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Phoenix Mills acquires 7.48 acres prime land in Kolkata for Rs 300 cr through subsidiary

Mindstone Mall Developers Pvt. Ltd., wholly owned subsidiary ofThe Phoenix Mills Limited (PML), has announced acquisition of approximately 7.48 acres of prime land in Alipore, Kolkata for a total consideration of Rs. 3,000 million. The land parcel is strategically located on Diamond Harbour Road, Alipore, Kolkata. The land parcel has development potential of approximately 1.00 …

Phoenix Mills acquires 7.48 acres prime land in Kolkata for Rs 300 cr through subsidiaryRead More

Beyond Meat (BYND) Q4 2020 earnings miss

Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Thursday reported a bigger-than-expected quarterly loss as the costs of global expansion and weak restaurant sales weighed on the business. The company separately …

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Best Buy is speeding changes to adapt to a post-pandemic consumer

An employee gives a thumbs up to a customer after loading a television for a curbside pickup order into a customer’s vehicle at a Best Buy Co. retail store on Black Friday in Hawthorne, California, November 27, 2020. Patrick T. Fallon | AFP | Getty Images Best Buy CEO Corie Barry said the pandemic has …

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