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Latest Articles in Retail

Reliance Retail To Be Biggest Threat To Amazon, Flipkart: TV Mohandas Pai

Consolidation would be the name of the game in e-commerce space next year, with small firms shutting shop, leaving fewer players in an environment of intense competition, former CFO of Infosys T V Mohandas Pai said

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Paytm Eyes 5-fold Growth In Gold Sales On Dhanteras, Diwali

India loves gold, and during festivals like Dhanteras, this love manifests itself more than ever as millions of our fellow countrymen purchase gold

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Patanjali’s One Trillion Dream Run

Baba Ramdev’s modest ayurveda company is truly aiming for the stars. Surprisingly, it looks possible

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Ola Raises $1.1 Billion In Tencent, SoftBank-led Round, Seeks Another $1 Billion

Ola will use the funds to increase its numbers of drivers and expand its presence to more cities

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Max Fashion To Add 40 Retail Stores By March 2018

Our target is to reach 100 cities and open up to 300 brick and mortar by the year 2019, says Vasanth Kumar, Executive Director of Max Fashion

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Costco Shares Down On Fears Of Grocery Delivery Eating Into Margins

Shares in Costco fell 6 percent on Friday after the retailer reported a decline in quarterly gross margins and underlined the growing competition in the industry by launching new grocery delivery services.

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The Chance To Cash On Demonetisation Was Open For Everyone & Not Just Us: Vijay Shekhar Sharma

After making “Paytm Karo” or “use Paytm” the new buzz words, he feels that businesses should pick the ticket that suits them

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Walmart To Launch Its Cash & Carry Business In Mumbai

The US-based retail chain giant plans to open a Fulfilment Center (FC) to cater to the business needs of resellers, kirana stores, office and institutions of Mumbai and neighbouring areas

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Price Cuts To Clear Summer Stock Fray H&M Margins

Fashion retailer H&M reported a 20 percent fall in quarterly profit on Thursday as summer discounts hurt margins, while sales slowed towards the end of this month.

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Digital India To Drive FMCG consumption Worth $45 Billion By 2020: Google Report

Share of digital advertising spends by FMCG companies expected to grow from 10% in 2016 to 25-30% by 2020

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Alibaba Takes Control Of Logistics Business, Pledges $15 Billion To Expand Network

Chinese e-commerce firm Alibaba Group has taken control of logistics unit Cainiao and pledged to spend 100 billion yuan ($15 billion) over five years to build out a global logistics network, underscoring aggressive expansion plans overseas.

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Dabur Plans Subscription-based Model For Ayurvedic Medicines In India

In a subscription-based model, consumers receives products from a company at a regular interval

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Unilever Says Agreed To Acquire Carver Korea For $2.7 Billion From Goldman And Bain

Unilever said that it has agreed to buy South Korean cosmetics firm Carver Korea for 2.27 billion euros ($2.71 billion) from Bain Capital Private Equity and Goldman Sachs

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