Retail Sector: News
Retail sector: QR codes may replace barcodes within 2 years
The traditional barcode, a retail sector staple for more than half a century, could soon be replaced by a more advanced alternative.
French retailer Carrefour to re-enter Indian market after a decade
French retail giant Carrefour is set to make a comeback in the Indian market after a decade-long absence.
Reliance Industries laid off around 42,000 employees in FY24
Reliance Industries (RIL) reduced its workforce by nearly 11% in FY24, a decrease of around 42,000 employees compared to the previous fiscal year.
India's retail job applications witnessed 8% rise in 2023
In 2023, retail job applications in India saw an increase of 8% compared to the previous year, as per data from recruitment firm WorkIndia.
US stores are keeping toothpaste, deodorant in locks: Here's why
Major retailers in the United States (US), including Walmart, CVS, Target, Home Depot, Walgreens, and Foot Locker, have started locking up daily use products like toothpaste, chocolate, detergent powder, and deodorant due to an increase in petty theft and organized shoplifting, reported AFP.
Reliance Retail set to bring 7-Eleven stores to Indian shores
Indian billionaire businessman Mukesh Ambani's Reliance Retail Ltd. will soon bring 7-Eleven Inc.'s convenience stores to India.
HangRr, game changer for O2O commerce in fashion brick-and-mortar stores
There's no doubt the retail industry is changing in today's digital world. The very idea upsets some who love to shop at physical stores.
HangRr, game changer for O2O commerce in fashion brick-and-mortar stores
There's no doubt the retail industry is changing in today's digital world. The very idea upsets some who love to shop at physical stores.
Business Roundup: Here are today's top 5 business news
Today the business space remained rocked up with a lot of happenings.
Center approves 100% FDI in single-brand retail under automatic route
The government has approved 100% Foreign Direct Investment (FDI) in single-brand retail and construction development without government approval and relaxed norms for other sectors, including aviation.
US man wins $7.5mn verdict against Walmart over watermelon injury
An Alabama man recently won a $7.5 million verdict against Walmart over a hip injury he suffered while buying watermelons at the global retail giant in 2015.
ACs, refrigerators, washing machines will get costlier from November
Waiting to buy home appliances in the off-season may not be such a good idea this year.
Future Group wants to expand brand presence in tier-II cities
Future Group plans on increasing the proliferation of its smaller format stores in tier II and III cities.