India

GLOMARK Wins Big at the Retail Asia Awards 2021

The country’s most innovative turn-a-round grocery platform and biggest digital campaign are under one name.

Keells navigating the Covid -19 crisis with innovation and resilience.  

The company received two awards at the Retail Asia Awards 2021.

India’s TyrePlex clinches seed funding

The funding will be used to scale its tech and product teams.

McDonald’s launches Minions-themed products in India

This came as its restaurants offer special deals to vaccinated customers.

Omnichannel retailers best placed to survive in India: report

High fixed spending and the lack of seasonal cash inflow are threatening retailers.

KKR buys stake in India’s Vini Cosmetics for $625m

The beauty brand has 700,000 points of sales in the country.

Home deliveries drive India’s foodservice sector

The sector is expected to witness new formats such as cloud kitchens.

India’s retail recovery tipped to extend to 2022

Real household spending is not expected to hit pre-pandemic levels by 2021.

Amazon India launches free video streaming service

Adding an entertainment service can help lure in shoppers to its app.

High inflation and job loss threatens India’s retail spending

India recorded a 11-year high wholesale price index in April.

IKEA India invests in store openings and digital initiatives

The growing popularity of online furniture shopping will offer a boost for the retailer.

India’s e-commerce firms ramp up hiring

BigBasket and Flipkart are two of the biggest names that have been impacted by the rise of COVID-19 across India.

Second-wave uncertainties loom over India’s retail industry

Retailers have been urged to expand to smaller cities to ramp up their consumer bases.

Reliance Retail extends completion date of Future Retail acquisition

Amazon has formally objected to the deal, putting the transaction under dispute.