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Tag: invest

Walmart Canada Will Invest $3.5 Billion To Modernize Stores, DCs And Supply Chain

Walmart Canada is planning a $3.5 billion (Canadian) investment over the next five years that will impact every aspect of its business. The equivalent in U.S. dollars is $2.58 billion. At the store level, the funds will go toward: Renovations to nearly one-third of its locations; Expansion of curbside pickup; Piloting “micro fulfillment centers” within …

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Retailers need to invest in advanced technologies: Deloitte

Retailers need to invest in advanced technologies such as cloud computing, blockchain, robotics and automation to enhance their competitiveness, according to a report by Deloitte. It said that embracing modern technologies would help in addressing the last-mile delivery challenge of the new-age tech-savvy consumer. Retailers are striving to offer a seamless shopping experience through data-driven …

Retailers need to invest in advanced technologies: DeloitteRead More

McDonald’s fast-food restaurants invest in faster drive-thru service

As the coronavirus pandemic takes hold in the United States, restaurant chains are rolling out new measures to ensure customer safety. Chick-fil-A, Taco Bell and  Starbucks are among the restaurants encouraging customers to grab their food and go. All three are making heavy use of their drive-thrus to distribute food, while still limiting crowds of customers from …

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WoodenStreet opens 2 new stores in South India; plans to invest Rs 15 crore for further expansion

Investing a total of Rs 5 crore (approx.), custom furniture start-up WoodenStreet has begun its second South Indian expansion drive by opening two new experience stores in Hyderabad. These stores are located in Banjara Hills and Miyapur. The first such expansion drive within South India had erected three experience stores within Bengaluru – in HSR …

WoodenStreet opens 2 new stores in South India; plans to invest Rs 15 crore for further expansionRead More

Paytm to invest Rs 500 crore to train offline merchants in QR payments, Retail News, ET Retail

BENGALURU: SoftBank and Alibaba-backed digital financial services company Paytm plans to invest Rs 500 crore over the next year to integrate its offline merchants into seamless QR code-based payments that will directly land into their bank accounts. This will remove the restrictions that the merchants previously had on amount they could accept or charges they …

Paytm to invest Rs 500 crore to train offline merchants in QR payments, Retail News, ET RetailRead More

Retail CMOs Must Invest In Total Brand Experience

To understand how Forrester’s predictions will unfold in the retail industry in 2020, my colleague Madeline Cyr and I interviewed experts within Forrester for our “Applying 2020 Predictions To Retail” series. We spoke with experts Keith Johnston and Nick Monroe to understand CMO predictions for this year. Madeline Cyr: CMO positions at retailers and brands …

Retail CMOs Must Invest In Total Brand ExperienceRead More

V-Mart Retail to open 40 stores in FY21, invest Rs 70 cr

Value fashion and lifestyle products retailer V-Mart Retail plans to invest up to Rs 70 crore to open around 40 stores in 2020-21, a top company official said. According to a PTI report: The company already has 260 stores in almost 195 locations across the country, largely in tier-II and III cities. “Even as we …

V-Mart Retail to open 40 stores in FY21, invest Rs 70 crRead More

Retail Industry CIOs Will Invest In Automation, Data, And Employees

To understand how Forrester’s predictions will unfold in the retail industry in 2020, my colleague Madeline Cyr and I interviewed experts within Forrester for our “Applying 2020 Predictions To Retail” series. To understand the CIO predictions for the year, we spoke with Bobby Cameron, a Forrester expert on CIO-targeted business technology research. Madeline Cyr: You …

Retail Industry CIOs Will Invest In Automation, Data, And EmployeesRead More

Bed Bath & Beyond to invest $1 billion on share buybacks, debt reduction and store upgrades

Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Bed Bath & Beyond said Tuesday it plans to spend about $600 million this fiscal year on share repurchases and debt reduction, and up to $400 million on store remodels and supply chain upgrades.  Its shares were down …

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Amazon to invest US$ 1 billion in India, to bring over 10 million businesses online by 2025

Amazon announced on January 15, 2020 that it plans to invest US $1 billion to digitally enable micro, small, and medium enterprises (MSMEs) and traders across India, including manufacturers, resellers, local offline shops, and brands. The company aims to digitize 10 million MSMEs with this investment, helping Indian businesses grow by selling online worldwide and …

Amazon to invest US$ 1 billion in India, to bring over 10 million businesses online by 2025Read More