How digital tech is helping to merge online & offline retail

The pandemic got even the digitally non-savvy to start shopping online. But today, malls are once again often bursting at their seams. Yet, it’s a good mix and a seamless experience between the physical and digital that customers want. Neelima Sharma, SVP at the $96-billion US home improvement company Lowe’s, said she was missing the … Read moreHow digital tech is helping to merge online & offline retail

Dinesh Kumar Khara: ‘No Challenge To SBI’s Retail Loan Book’

‘When we look at the quality of our retail loan book, the non-performing asset percentage is low.’ Photograph: ANI Photo State Bank of India, which saw healthy loan demand from the corporate sector in the fourth quarter (Q4) of 2021-2022 (FY22), expects loan growth to improve in the current fiscal year (2022-2023, or FY23). Dinesh … Read moreDinesh Kumar Khara: ‘No Challenge To SBI’s Retail Loan Book’

This stock stands to benefit from the retail glut that Target warned about

This stock stands to benefit from the retail glut that Target warned about Source link

SBI rejigs top mgmt, names retail biz MD

Mumbai: Alok Kumar Choudhary has taken charge as the new MD of the country’s largest lender SBI with effect from June 7. He was previously deputy MD (finance) at the bank. As the new MD, he will be handling retail business and operations. Choudhary will be succeeding C S Setty who earlier headed this segment. … Read moreSBI rejigs top mgmt, names retail biz MD

amazon: Future Retail: NCLT to hear Amazon’s plea opposing insolvency proceedings on June 10

MUMBAI: The National Company Law Tribunal (NCLT) will hear Amazon‘s petition opposing initiation of insolvency resolution proceedings against debt-ridden Future Retail Ltd on June 10. A plea seeking initiation of insolvency resolution proceedings against FRL was filed by Bank of India (BoI), the lead banker in the consortium of lenders to the company. On Monday, … Read moreamazon: Future Retail: NCLT to hear Amazon’s plea opposing insolvency proceedings on June 10

StockX hits back at Nike over claims of counterfeit shoe sales

Online resale marketplace StockX is hitting back at Nike‘s claims that the site has been allowing sales of counterfeit versions of its sneakers. StockX, in a response to Nike’s allegations, defended its anti-counterfeiting measures and said Nike itself had previously praised them, according to a draft of a court filing seen by CNBC. The response … Read moreStockX hits back at Nike over claims of counterfeit shoe sales

Reliance Retail trials quick grocery deliveries: Report

Reliance Retail trials quick grocery deliveries: Report So far JioMart Express has products under the groceries, personal care and home care sections DH Web Desk, Jun 04 2022, 13:41 ist updated: Jun 04 2022, 13:47 ist Reliance Retail, which is giving most FMCG majors a run for their money, has now entered the q-commerce space … Read moreReliance Retail trials quick grocery deliveries: Report

HNB honoured by Asian Banker as ‘Best Retail Bank in Sri Lanka’ for 2022

12th occasion which HNB has been crowned winner in retail financial services  HNB PLC sealed its reputation as Sri Lanka’s undisputed leader in retail banking, having been crowned as the ‘Best Retail Bank in Sri Lanka’ for the 12th occasion at the prestigious International Excellence in Retail Financial Services Awards … Read moreHNB honoured by Asian Banker as ‘Best Retail Bank in Sri Lanka’ for 2022

medkart: Medkart expands retail footprint with four more stores

AHMEDABAD: Omni-channel retail chain of generic medicines – Medkart – on Tuesday announced the launch of four new stores in Anand and Vallabh Vidhyanagar in Gujarat. The company is bullish on expanding its retail footprint after its recent fundraise worth Rs 40 crore in November last year. With this launch, Medkart will strengthen its retail … Read moremedkart: Medkart expands retail footprint with four more stores

Jim Cramer says he likes these three smaller plays in battered retail sector

CNBC’s Jim Cramer said Friday that while the retail sector has had a rough week, there are still several winners that stand out against the deluge of stocks that tanked. “The big four aren’t the only retailers that reported this week, and surprisingly, some of the smaller players actually did pretty well,” the “Mad Money” … Read moreJim Cramer says he likes these three smaller plays in battered retail sector

LIC sets world record for retail interest: Dipam secretary

MUMBAI: Life Insurance Corporation (LIC) has generated the biggest ever retail response to an initial public offering (IPO). This makes it an ‘Atmanirbhar’ issue and generates optimism about capital markets despite present headwinds, said Tuhin Kanta Pandey, secretary, department of investment and public asset management (Dipam). Speaking at the listing of the corporation in Mumbai … Read moreLIC sets world record for retail interest: Dipam secretary

Stock futures mixed ahead of a big week of retail earnings

Traders on the floor of the NYSE, May 6, 2022. Source: NYSE Stock futures were mixed Sunday evening after a week of steep losses that ended on a high note, and ahead of a big earnings week for retailers. Futures tied to the Dow Jones Industrial Average slipped by 23 points, or 0.09%, while S&P … Read moreStock futures mixed ahead of a big week of retail earnings

Retail investors continue to buy dip despite turmoil: TD Ameritrade

Retail investors have continued to buy the dip in the recent market turmoil, even liking tech despite the sector rout, according to brokerage TD Ameritrade’s AJ Kahling. “Our indicators, TD Ameritrade [Investor Movement Index], just came out this morning indicating indeed that the retail traders are continuing to buy the dip,” Kahling, head of international … Read moreRetail investors continue to buy dip despite turmoil: TD Ameritrade

Today’s Ecommerce plans expansion into the United Kingdom

Reported By:| Edited By: |Source: |Updated: May 11, 2022, 10:41 PM IST Today’s Ecommerce has now rolled out its plans to expand into different international territories. The website recently announced its plans to venture into the United Kingdom as part of its 2022 expansion plans. The region serves as one of the primary target markets … Read moreToday’s Ecommerce plans expansion into the United Kingdom

Luxury watch retail player Ethos IPO to open on May 18; price band Rs 836-878/share

Luxury and premium watch retail player Ethos on Wednesday said it has fixed a price band of Rs 836-878 a share for its Rs 472-crore initial public offering (IPO), which will open for subscription on May 18. The three-day initial share-sale will conclude on May 20, the company announced in a virtual press conference. The … Read moreLuxury watch retail player Ethos IPO to open on May 18; price band Rs 836-878/share

country of origin: Only 4 in 10 consumers say eCommerce platforms display Country of Origin information for all products: Survey

Only four in ten consumers say eCommerce platforms are displaying the Country of Origin information for all products even though the government has brough e-tailers under the ambit of legal metrology since 2017, which requires key information on packaged products like MRP, best before date, Country of Origin, Net Contents, etc. to be displayed on … Read morecountry of origin: Only 4 in 10 consumers say eCommerce platforms display Country of Origin information for all products: Survey

Policyholders subscribe to 26% of LIC IPO so far, retail investors 18%

NEW DELHI: Life Insurance Corporation’s initial public offering, which is the largest in the history of capital markets in India, received a strong response as the offer was subscribed 12% within the first hour of opening subscription at 11 am on 4 May, which is the first day of bidding. The employee reserved portion was … Read morePolicyholders subscribe to 26% of LIC IPO so far, retail investors 18%