India Latest News - Inside Retail Asia
Indian retail sales tumble
Indian retail sales plunged 67 per cent drop during the last two weeks of June compared to the same period last year, according to an RAI survey.
How H&M got glocal in Asia
As fast-fashion label H&M expands its focus both online and offline in Asia, the company is going glocal, tapping local models and creative partners.
Reliance may buy Future Retail
Indian conglomerate Future Group is holding discussions with Reliance Industries to sell off its retail and supply-chain operations.
Indian retailers in mall revolt
Indian retailers with stores in shopping malls are threatening to close shop if landlords do not meet demands for waivers and new rental agreements.
Flipkart loses bid to sell food online
Amazon-owned Flipkart has been blocked from entering the food-retail business by Indian regulators who had deliberated for almost a year on an application.
Indian jeweller Zoya expands southwards
House of Tata’s luxury jeweller Zoya is launching a boutique in Bangalore, a 3300sqm South India flagship for the brand.
Samsung and Facebook help Indian SMEs go live online
Samsung and Facebook have partnered up in India to train retailers to expand into e-commerce via social media platforms such as Instagram and WhatsApp.
India’s online grocers will thrive post-Covid-19, says analyst
India’s online grocers face a bright future following the Covid-19 lockdown, according to analysis by industry research firm GlobalData.
Swiggy lays off 1100 staff
Indian food-delivery company Swiggy is laying off 1100 staff after Covid-19 severely hit its sales – the equivalent to 14 per cent of its workforce.
WhatsApp and JioMart commence e-commerce rollout
Indian conglomerate Reliance Industries has partnered with Facebook’s WhatsApp messaging service to pilot its new online food and grocery channel JioMart in an attempt to redesign Indian retail.
India’s Reliance Industries set to buy into online pharmacy Netmeds
Indian multinational conglomerate Reliance Industries is holding talks to purchase a controlling share in e-commerce pharmacy business Netmeds.
India’s Reliance Retail opens 1533 new stores
India’s Reliance Retail opened 1533 new stores last fiscal year, taking its network to 11,784 as it boosts its strength across the food, fashion and digital sectors.