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The Economic Times: Latest business, finance, markets, stocks, company news from India.

Last Build Date: Sun, 19 Feb 2017 16:36:23 GMT

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Retailers can see 15-20 per cent higher sales by digitising core biz: Report

Sun, 19 Feb 2017 09:46:58 GMT

(image) Digitising the business can help retailers with early trend detection, real-time feedback, customer-centric buying, optimised .

E-commerce expected to touch $ 50-55 billion by 2021: Study

Wed, 15 Feb 2017 07:50:13 GMT

(image) The digital purchasing has been catalysed by progress in infrastructure, including falling smartphone prices, reducing data charges, and rising smartphone penetration.

Fabindia in process of removing ‘Khadi’ from price tags

Tue, 14 Feb 2017 19:16:55 GMT

(image) The Khadi & Village Industries Commission had first sent a letter to the company in August 2015, asking it to stop using the word khadi on its products without proper permission.

Modern retail to reach Rs 1,718bn in top 6 cities by 2019

Tue, 14 Feb 2017 13:45:23 GMT

(image) According to a report, modern retail channel is projected to reach Rs 1,718bn by 2019 in the top six retail markets of the country from Rs 871bn at present.

'India currently home to a booming e-commerce business'

Tue, 14 Feb 2017 09:10:08 GMT

(image) "The Indian e-commerce business is projecting a jump of upto $45 billion by 2021. And this is only the start," said Paul Ruban, General Manager of Fossil Group.

Cash payments at retail stores near pre-note ban levels

Thu, 09 Feb 2017 18:32:06 GMT

(image) Cash payments at hypermarket chain Spencer’s have increased from 11 per cent of overall sales in November to 25 per cent in December, and 37 per cent now.

Fabindia keen to hawk herbal tea to China

Wed, 08 Feb 2017 06:52:30 GMT

(image) Co's subsidiary Organic India may take Ayurveda to the land of the dragon next year if it gets regulatory approval.

Bullish brands drive up retail space demand in east

Tue, 07 Feb 2017 09:17:04 GMT

(image) Several brands making like Home Stop, H&M, Zara, Starbucks, Smash, Burger King, Forever 21, Aero Postale, LV , Hugo Boss and Super Dry made a beeline to enter the eastern market.

Mall operators, shop owners fight over maintenance charge

Mon, 06 Feb 2017 19:24:59 GMT

(image) Retailers Association of India, a nationwide industry body of retailers, has stepped in to initiate a process to help make a standard for determining common area maintenance charges.

Demonetisation, GST to help retail sector: Walmart India CEO

Tue, 31 Jan 2017 11:57:37 GMT

(image) Speaking of the effects of demonetisation on the company, he said it adversely affected business for the first few weeks, but subsequently benefited Walmart India.

IKEA loses trademark suit against Aikya

Mon, 30 Jan 2017 19:09:51 GMT

(image) In 2013, IKEA had dragged about a dozen local companies, including Aikya and HR firm Ikya Human Capital Solutions, to courts over trademark infringement and received ex parte injunction against them.

Indian e-tail industry grew by 12 per cent to $14.5 billion in 2016: Report

Mon, 30 Jan 2017 17:42:16 GMT

(image) New entrants like Amazon have succeeded in altering the market share game and captured big portion of the aggressively-contested industry.

Retail to get push from rural economy, government reforms: Report

Mon, 30 Jan 2017 13:35:11 GMT

(image) Besides, low level of inflation and the Government's reform initiatives are likely to provide boost to the sector in 2017, said the report by Dun & Bradstreet.

Amway planning 50 retail stores by end-2018 for greater visibility and easier access

Sun, 29 Jan 2017 19:52:33 GMT

(image) India, where Amway Corp's local unit has invested more than Rs 1,000 crore, will be the first in the company's global sales operations to have significant brick-and-mortar presence.

Lagging behind Zara and H&M in India, US label Gap finally looks to cut prices by 10-15%

Sun, 29 Jan 2017 19:09:57 GMT

(image) Gap's sales are, at times, even less than 50% of those of Zara and H&M, according to the business head of a prominent suburban Delhi mall that is home to all three brands.