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2 mins read

Patanjali Foods profit surges to Rs 262.90 crore on back of e-commerce and quick commerce channels

The net profit of Patanjali Foods surged to Rs 262.90 crore year-on-year during the first quarter o…

ANI   


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4 mins read

India to see retail digital payments to double to USD 7 tn by 2030: Report

Millennials and Gen X are leading in the adoption of all types of digital payment instruments.

PTI   


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2 mins read

Luxury brands are slashing prices in China

Luxury brands like Burberry and Balenciaga have been offering big discounts in China to try to reel…

Alexandra Bacon   


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2 mins read

China's Zara rival is expanding — and it's setting its sights on London and NYC next

Urban Revivo plans to launch 20 international stores next year, the company's CEO told Nikkei.

Lian Kit Wee   


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3 mins read

It looks like the party's over for luxury goods in China

Luxury retailers say they've been hit by slumping sales in China, while tourism spending in Japan b…

Grace Dean   


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2 mins read

India-US agrees to extend 2% digital tax on e-commerce supplies until June 30

On Oct 8, 2021, both countries joined 134 other members of the OECD/G20 Inclusive Framework (includ…

ANI   


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1 min read

Digital Marketing for E-Commerce

Digital Marketing for E-Commerce

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3 mins read

The Chinese economy is so bad, even Chinese people can't be enticed into buying dirt-cheap mega-sale items

The 618 sale, which normally draws in billions, reported its first sales dip in eight years, showin…

Aditi Bharade   


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1 min read

Walmart is trying to lure Amazon shoppers with a half-price membership ahead of Prime Day

Amazon's Prime Day is still a week away, but a Walmart+ membership is $49 until July 18.

Dominick Reuter   


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1 min read

Costco had 100-gram gold bars for $7,600. They sold out in less than a day.

Costco's jumbo-sized gold bars weigh as much as three and a half standard coins, and the quick sell…

Dominick Reuter   


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3 mins read

Two luxury rivals are joining forces — and Amazon is getting in on the action

Saks Fifth Avenue's takeover of rival department store company Neiman Marcus for $2.65 billion show…

Madeline Berg   


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2 mins read

India's non-cash payments on e-commerce platforms surge to 58.1% in 2023

India has made rapid strides in terms of alternative payment share for e-commerce payments in the A…

ANI   


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2 mins read

Sam's Club is winning over Gen Z shoppers with convenience, and that could spell trouble for Costco

Gen Z "believes it's cool to save money, and we agree with them," Sam's Club CEO Chris Nicholas sai…

Dominick Reuter   


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2 mins read

Amazon is trying to eliminate plastic that doesn't get recycled. It's actually making some progress.

Amazon is using a paper filler made from 100% recycled material instead, which customers can recycl…

Catherine Boudreau   


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1 min read

Amazon built a big business with tiny orders. Now Walmart is stealing the strategy.

The typical Amazon shopper makes more than 70 purchases per year from the site. Walmart says its me…

Dominick Reuter   


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1 min read

E-commerce, BFSI and hospitality sectors driving Indian job market in 2024: Report

E-commerce, BFSI (banking, financial services, and insurance), and hospitality sectors witnessed an…

PTI   


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1 min read

Costco sells a surprising variety of gold and silver – we counted 17 different items

Costco has made headlines selling Swiss and South African gold bars, but its precious metals offeri…

Dominick Reuter   


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3 mins read

Adani Group could soon enter e-commerce and UPI segments, to rival Mukesh Ambani and Google

Gautam Adani-led Adani Group has a diverse portfolio, from ports to energy and more. The conglomera…

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2 mins read

The math is looking good for Walmart's automated warehouses

Walmart now has 15 of its 42 distribution centers with some level of automation, and those numbers …

Dominick Reuter   


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1 min read

Meet Russia's richest woman, a self-made billionaire who founded her e-commerce company on maternity leave

Today, Wildberries is considered the Russian equivalent of Amazon, a booming online retailer that e…

Talia Lakritz