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Tag: competition

Nest Bedding refreshes competition in omnichannel, DTC

The bed-in-a-box industry is growing as consumers increasingly look to buy mattresses and other bedding items online to be directly delivered to their homes. And many of these companies have learned that there is a benefit to including physical store component, whether it be a permanent storefront, such as Casper in New York City, or …

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Domino’s CEO focuses on carryout in a world of delivery competition

Carryout has become a bright spot for Domino’s Pizza as the restaurant chain battles in a tough, low-margin food delivery environment, CEO Ritch Allison told CNBC’s Jim Cramer on Thursday. Shares of the Ann Arbor, Michigan-based pizza franchise popped almost 26% during the trading day on a strong fourth-quarter report that smashed Wall Street estimates. …

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JD Sports could be told to sell Footasylum over competition concerns | Business

Britain’s competition watchdog has said it could force JD Sports to sell the Footasylum sportswear business it bought last year because consumers could lose out as a result of the deal. The Competition and Markets Authority said its six-month investigation into last April’s £90m takeover found it “substantially lessens competition nationally”. It said shoppers could …

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Takeaway.com’s Just Eat takeover deal faces UK competition probe

A food delivery courier working for Just Eat in London. Simon Dawson | Bloomberg | Getty Images Takeaway.com’s £6.2 billion ($8.1 billion) takeover of rival food delivery firm Just Eat has been delayed after the U.K.’s antitrust regulator launched an initial probe into the deal. The Competition and Markets Authority (CMA) said on Friday that …

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Competition Commission of India pitches for self-regulation of ecomm platforms, Retail News, ET Retail

NEW DELHI: India’s competition watchdog has called for clear policies on deep discounts and transparency in seller ratings by large ecommerce companies, in what could have significant implications for etailers such as Amazon and Flipkart. The Competition Commission of India (CCI) on Wednesday unveiled a set of self-regulation guidelines for the ecommerce sector, along with …

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Old Navy stores to go round-the-clock as holiday competition heats ups

Old Navy will offer round-the-clock shopping for 32 hours with 50% off starting on Thanksgiving Day. The apparel retailer will kick off holiday sales even earlier. Old Navy stores will have extended hours on Nov. 27, the day before Thanksgiving, opening at 8 a.m. and closing at 10 p.m. On Thanksgiving, Nov. 28, stores will …

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CAIT, CCI discuss ‘unethical competition’ by e-commerce firms, Retail News, ET Retail

New Delhi: Traders’ body CAIT on Friday said it has held discussion with the CCI on “unethical competition” perpetrated by e-commerce firms, a day after Union minister Piyush Goyal said the government was looking into alleged predatory pricing by Walmart-owned Flipkart and Amazon. According to a statement issued by the Confederation of All India Traders …

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