Metro Cash and Carry to digitise 5 lakh stores in the next 3-5 years

New Delhi: Metro Cash and Carry Pvt Ltd, a German wholesale retailer, plans to digitize over 500,000 kirana stores in India which is in line with its ongoing omnichannel strategy a...

Colorbar plans to have 250 standalone stores by 2020

Mumbai: Colorbar, India's makeup and beauty market giant, plans to operate 250 standalone stores by the end of 2020, with the aim to expand its retail footprint in India and ot...

Samsung opens world's largest mobile experience centre in

Bengaluru: Samsung Electronics has opened Samsung Opera House, the world's largest mobile experience centre, to provide unique experiences to the users in Bengaluru.

India's retail market likely to touch Rs 80 trillion in 2020, says report

New Delhi: India's retail market is expected to touch Rs 80 trillion (US$ 1.12 trillion) mark in 2020 with a 20 per cent contribution from organised retail, as per a joint repo...

Indians do 10% of their shopping in modern stores

Mumbai: Modern trade accounts for 10 per cent of the overall revenue of the fast moving consumer goods (FMCG) sector in India during April-June quarter 2018.

Global e-commerce firms look to buy domestic retailers to up India game

New Delhi: Global e-commerce giants like Amazon and Alibaba are in talks with domestic businesses to enter into joint ventures to achieve bigger scale through multi-channel operati...

India's retail inflation drops to a nine-month low of 4.2% in July

New Delhi: Retail price inflation in India dropped to 4.17 per cent in July 2018 from 4.92 per cent in June 2018.

India's online retail market is a US$ 50 bn opportunity waiting to be realised

New Delhi: India's online retail market is a US$ 50 billion opportunity, according to a joint report by Bain and Company, Google and Omidyar Network.