As iPhone sales fall, Apple moves to end price variation in brick-and-mortar & ecommerce marketplaces
Source: iPhone may cost the same online and offline | ETtech
At present, it operates only in the cash-and-carry space with 21 stores in nine states, of which the last one was opened in Agra in August last year
Source: Fuzzy retail policy makes Walmart move to slow lane | Business Standard News
New report says footfall in shopping malls in UAE capital remained stable despite decline in retail spending
Source: Abu Dhabi retail spending falls in Q1 amid dent in consumer confidence – Culture & Society – ArabianBusiness.com
The company is buying retail space spread over 3.5 lakh sq ft and this will be the largest space to be occupied by any single furniture brand anywhere across the country.
Source: IKEA in talks to buy 3.5 lakh sq ft retail space in Mumbai suburb – The Economic Times
Growing number of NRIs are seeking companies in the home aggregator and rental space to manage their properties in India.
Source: NRIs turn to startup expertise for better returns on homes – The Economic Times
Chennai Metro Rail plans to have two small shopping malls soon — one at Arumbakkam station and the other at Ekkatuthangal station — as part of its property development initiative aimed at stepping up
Source: Mini shopping malls at Metro stations soon – The Hindu
Levi Strauss & Co, the maker of the popular Levis denim jeans, has sought the governments permission for converting its existing local wholesale entities into retail.
Source: Levi Strauss seeks nod for direct retail – The Economic Times
ITC has started rolling out a new variant of its best-selling brand Classic with the tag Low Smell attached to it
Source: ITC launches ‘low smell’ cigarettes – Livemint
Online food ordering and delivery platform Swiggy has inked a pact with Australian premium cafe chain Di Bella Coffee to deliver its coffee blends in Mumbai. “We are excited to associate with a global premium cafe chain like Di Bella Coffee… This
Source: Di Bella Coffee partners Swiggy for home delivery | Business Standard News
Despite recent government clarifications on foreign direct investment (FDI) in e-commerce and the definition of a marketplace model, online companies continue to flout rules, organised retailers have said.
Source: Brick and mortar firms unite to oppose violation of FDI rules by e-tailers | business | Hindustan Times
After getting a stay from the Uttarakhand High Court over the issue of entry tax, Flipkart has sued the government of West Bengal over a similar issue.
Source: Interim relief for Flipkart: Calcutta HC stays entry tax on West Bengal e-shipments – The Economic Times
According to the Retailers Association of India (RAI), the cashback or money back guarantee offered by an e-commerce marketplace should be considered tantamount to influencing the selling price.
Source: Online marketplaces’ cashback offers distort level-playing field, says retail association | Latest News & Updates at Daily News & Analysis
Amazon’s DuPont fulfillment center is a sort of laboratory for how the company is using robots to do much of its heavy lifting. But it also shows how the human workforce is not only necessary but superior in some respects.
Source: Hands, heads and robots work in sync at Amazon warehouses | The Seattle Times
Panic buttons were pressed when Alibaba recently announced it was exploring options to directly enter India
Source: Alibaba set to bring back the Walmart ghost for Indian retailers | Business Standard News
The real estate firm will continue to own remaining 60% stake in its rental arm DLF Cyber City Developers Ltd (DCCDL).
Source: DLF promoters to sell 40% stake in rental arm for Rs 12,000-14,000 crore | Latest News & Updates at Daily News & Analysis
Under consolidation plan, Reliance Super and Reliance Mart will be brought under one brand—Reliance Smart
Source: Reliance Retail looks to reinvent itself – Livemint
Some retailers have already started asking for a 10-15% premium depending on the level of their stock
Source: Smokers stock up, vendors cash in as cigarette firms halt production – Livemint