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Tag: discounts

Indian traders on Alibaba seeing more discounts, Retail News, ET Retail

Pune: Indian traders registered with Chinese e-commerce platform Alibaba have observed an increase in discount offers since last week, which they think could be a policy to counter the ‘ban Chinese products’ campaign in India. Top trade bodies shared this observation at a webinar organised by Confederation of All India Traders (CAIT) on plans of …

Indian traders on Alibaba seeing more discounts, Retail News, ET RetailRead More

Apparel retailers likely to offer huge discounts after lifting of lockdown

Apparel retailers are expected to offer large-scale discounts to clear old stocks and also perk up consumer sentiments once the lockdown is lifted, according to industry players. According to a PTI report: A series of lockdowns around the world has severely impacted the fashion retail ecosystem as stores all over the world shuttered, resulting in …

Apparel retailers likely to offer huge discounts after lifting of lockdownRead More

Walmart asks Myntra to reduce discounts, streamline processes, Retail News, ET Retail

NEW DELHI: To focus on profitability, US retailer and Flipkart Group parent Walmart has clamped down on processes at online fashion retailer Myntra, which includes shutting down small warehouses, bringing down the level of inventory and reducing discounts on the online platform, sources said. “There is a strong focus on profitability and processes at Myntra …

Walmart asks Myntra to reduce discounts, streamline processes, Retail News, ET RetailRead More

“E-marketplaces should have transparent discounts policy”

The Competition Commission of India (CCI), in a report released on Wednesday, has suggested that online marketplaces should come up with clear and transparent policies on discounts provided on products on their their platforms. “Bring out clear and transparent policies on discounts, including inter alia the basis of discount rates funded by platforms for different …

“E-marketplaces should have transparent discounts policy”Read More

Traders on hunger-strike against discounts, offers on e-platform, Retail News, ET Retail

New Delhi, Intensifying the protest against deep discounts and disruptive offers by e-commerce majors Amazon and Flipkart, traders on Friday staged a day long hunger strike in several parts of the country under the aegis of the Confederation of All India Traders (CAIT). During the protests in about 500 cities across the country, traders also …

Traders on hunger-strike against discounts, offers on e-platform, Retail News, ET RetailRead More

Retailers sell clothes at half price in huge pre-Christmas discounts | Life and style

Retailers are offering bigger than ever pre-Christmas clothing discounts this year in an effort to win customers against a backdrop of consumer uncertainty, heavy competition and relatively mild weather. Average price cuts could top 50% by Christmas Eve for the first time according to the advisory firm Deloitte, which analysed more than 800,000 online and …

Retailers sell clothes at half price in huge pre-Christmas discounts | Life and styleRead More

Black Friday UK: just one in 20 discounts are genuine, research finds | Business

Just one in 20 Black Friday deals are genuine, according to damning research by Which? that concluded the annual shopping event was “all hype”. The consumer group price checked 83 items on sale on Black Friday last year and found that nearly all were cheaper or available for the same price at other times of …

Black Friday UK: just one in 20 discounts are genuine, research finds | BusinessRead More

Piyush Goyal, Retail News, ET Retail

NEW DELHI: The Department for Promotion of Industry and Internal Trade (DPIIT) has received complaints that e-commerce companies are offering deep discounts, indulging in predatory pricing, exercising control over inventory and influencing the prices of goods sold on the platform, Parliament was informed on Friday. In a written reply to the Rajya Sabha, Commerce and …

Piyush Goyal, Retail News, ET RetailRead More

Draft rules issued to bring deep discounts by e-tailers under govt scrutiny, Retail News, ET Retail

NEW DELHI: The consumer affairs ministry on Monday come out with a set of draft rules that will bring deep discounts, one of the biggest driving forces of the e-commerce business, under scrutiny. The Consumer Protection (e-commerce) Rules under Consumer Protection Act prohibits e-tailers from “directly or indirectly influencing the price of the goods or …

Draft rules issued to bring deep discounts by e-tailers under govt scrutiny, Retail News, ET RetailRead More

With discounts galore and Taylor Swift, Alibaba eyes another record Singles’ Day, Retail News, ET Retail

SHANGHAI: Alibaba Group will kick off its annual 24-hour shopping extravaganza on Monday with deals and deep discounts galore, and a performance by American popstar Taylor Swift to top it all, as it pushes to rake in another record Singles’ Day sales. This year’s Nov. 11 bash comes as the $486 billion Chinese retail juggernaut …

With discounts galore and Taylor Swift, Alibaba eyes another record Singles’ Day, Retail News, ET RetailRead More