Amazon to push cashierless shopping tech into more third-party stores, while backing off itself
The Economic Times | Retail News
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10h ago
The online retailer said about 140 stores use the system, known as "Just Walk Out," which allows customers to scan an app to enter a store and leave with their items without paying at a register. Amazon will more than double that number this year ..read more
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'Gift coupon, gold coins': Myntra ordered to pay Rs 28,000 in damages to 2 Bengaluru customers
The Economic Times | Retail News
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10h ago
Bengaluru commission penalizes Myntra for unfair trade practices, compensates Roopini and Komal. Orders refunds, compensations, punitive damages, and interest. Violation of Consumer Protection Act, 2019 noted in fraudulent transactions and unauthorized cancellation ..read more
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Complaint filed against Flipkart, BigBasket for allegedly making employees work on election day
The Economic Times | Retail News
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10h ago
Complaint filed against Flipkart and BigBasket for making delivery boys work on voting day despite government holiday declaration. Flipkart ensures paid holiday and promotes voting awareness ..read more
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D2C brands cough up 30-45% commission for a spot on quick-commerce platforms
The Economic Times | Retail News
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10h ago
Direct-to-consumer (D2C) brands rushing to get listed on quick-commerce platforms are shelling out between 30-45% as commissions, compared to the 10-20% that large, more established FMCG companies pay ..read more
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Zepto improves quick-commerce market share; Instamart loses ground: HSBC report
The Economic Times | Retail News
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1d ago
A report from HSBC Global Research said Zepto market share rose from 15% in March 2022 to 28% in January 2024. During this time, Instamart's share fell from 52% in March 2022 to 32% in January 2024 ..read more
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Can India's quick commerce revolution be a catalyst for job creation?
The Economic Times | Retail News
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1d ago
Q-commerce in India, led by major players like BlinkIt, Swiggy Instamart, and Zepto, is reshaping the retail landscape. The sector's rapid expansion offers significant job opportunities, especially in logistics, warehousing, and technology-driven roles, promising continued growth ..read more
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Blinkit to deliver Lenskart products in 10 minutes
The Economic Times | Retail News
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1w ago
“Blinkit customers can now get Lenskart.com products in 10 minutes. Starting with delivering sunglasses and their Hustlr range (Computer Glasses). Curious to see how Hustlr evolves as a brand over time,” the post read ..read more
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Flipkart opens third grocery fulfilment center in Karnataka
The Economic Times | Retail News
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1w ago
Spread across an area of over 60,000 square feet, the new centre is equipped with a daily dispatch capacity of over 9,000 units per day. With the new unit, Flipkart aims to cater to the rising demand for online groceries across Ballari, Davanagere, Dharwad, Shivamogga, and South and North Goa ..read more
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Tata Neu goes live on ONDC F&B in Delhi-NCR, Bengaluru
The Economic Times | Retail News
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1w ago
Tata Neu, the superapp of Tata Group, also plans to reach more cities in May, sources told ET. ONDC already features two Tata enterprises on the seller side: StarQuick grocery app, and online grocer BigBasket ..read more
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Amazon sees opportunity to lower costs in fulfillment network, CEO says
The Economic Times | Retail News
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1w ago
Over the past few months, the company has laid off hundreds of staff in divisions including Amazon Web Services, Prime Video service, healthcare business and Alexa voice assistant unit, extending its massive job cuts over the past two years into 2024 ..read more
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