retail
- Lifestyle
Baqalas Boom: The rise of Gulf product stores in Hyderabad
One of the core memories every Saudi-born kid can confirm is the joy of entering a baqala. Be it to curb after-school hunger, fulfill midnight cravings, or fuel up for a road…
- Middle East
Saudi Arabia prohibits lottery retail prize draws to promote sales
Riyadh: Saudi Arabia’s Ministry of Commerce (MoC) has said lottery retail prize draws, which involve purchasing goods or products to win cash prizes, enter prize drawings, or distribute money within products, are…
- India
Govt to sell Bharat Rice at Rs 29 per kg in retail
New Delhi: The government on Friday said it will sell ‘Bharat Rice’ in the retail market at Rs 29 per kg from next week to give relief to the common man and…
- Technology
‘Holy Grail’ 2007 Apple iPhone sells for record Rs 1.5 crore
San Francisco: A first-edition, unopened 4GB model of an iPhone has been sold for a staggering $190,372.80 (more than Rs 1.5 crore) in an auction in the US. Originally retailing at $599,…
- Business
Swiggy acquires retail distribution company Lynk to enter retail market
New Delhi: Online food delivery platform Swiggy on Thursday said it has acquired retail distribution company Lynk Logistics Limited for an undisclosed sum to enter the massive retail market. Lynk will continue…
- Technology
Delhivery makes key investment in omnichannel retail software provider Vinculum
New Delhi: Fully-integrated logistics services provider Delhivery on Saturday announced to make a strategic investment in Vinculum, a global software leader enabling omnichannel retailing, for an undisclosed sum to boost its direct-to-consumer…
- Technology
Retail tech platform Dukaan lays off 30% of its workforce
New Delhi: SaaS platform for online stores Dukaan has laid off nearly 30 per cent of its workforce, or around 60 employees — its second layoff in about six months. Inc42 reported…
- Business
Retail inflation rises to 7.41 pc in September on costlier food items
New Delhi: Retail inflation spiked to 7.41 per cent in September, mainly due to costlier food items. For the ninth month in a row, retail inflation has remained above the Reserve Bank…
- Business
Retail inflation rises to 7% in August over high food prices
New Delhi: India’s retail inflation in August 2022 rose to 7 per cent, up from 6.71 per cent in July, mainly due to high food prices, according to data released by the…
- Business
Retail second most targeted industry by ransomware globally
New Delhi: Retail was the second-most targeted industry by ransomware last year of all sectors, after media, leisure and entertainment sectors, a report has shown. Globally, 77 per cent of retail organisations…
- Business
Reliance Retail Ventures acquires majority stake in Abraham & Thakore
Mumbai: Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited and the holding company of all retail companies within the group, on Tuesday said it has bought a majority stake…
- Technology
Retail giant Walmart plans to enter Metaverse, sell NFTs
San Francisco: Amid the buzz around Metaverse, retail giant Walmart has revealed plans to enter the field of highly immersive virtual reality/augmented reality (VR/AR) and Blockchain-based world. Walmart’s trademark filings indicate that…
