Retailers

Coronavirus Outbreak: Allow small shops to open, compensate loss of daily income, FRAI urges govt

The Federation of Retailer Association of India (FRAI) on Monday urged the government to let small shops open immediately, as daily income flow of petty retailers has stopped completely since the lockdown, and sought compensation for their income losses

Amazon to hire 100,000 warehouse, delivery workers in US as online orders surge on coronavirus worries

Like Amazon, US supermarket chains Albertsons, Kroger and Raley’s have sought new hires to staff busy sections and fulfil online orders. They are turning to people in the restaurant, travel and entertainment businesses who are suddenly looking for work because of the coronavirus.

Indian retail market pegged to reach at $1.3 trillion by 2025; data, technology key for retailers to minimise costs: Study

According to a study jointly released by Boston Consulting Group and Retailers Association of India titled R'etail 4.0: Winning the 20s', the retail market stood at $0.7 trillion in 2019.

Low-price fashion chain Forever 21 files for bankruptcy; to close up to 178 international stores

Forever 21 joins Barneys New York and Diesel USA in a growing list of retailers seeking bankruptcy protection as they battle online competitors

New 55,649 petrol pumps bonanza: Angry fuel dealers to move court to challenge the government's decision

All India Petrol Dealers Association (AIPDA) President Ajay Bansal said the government's move of 25 November appeared contrary to its own policy and the dealers would question its legal validity

Walmart buys Flipkart: While some harp on swadeshi vs videshi binary, the deal is an ode to discount-loving shoppers

Naysayers and sceptics should examine what the $16 billion Walmart-Flipkart deal means for other retailers in India and its impact on consumers.

Yavatmal farmer deaths: Police register case against pesticide retailer for unauthorised sale

With several deaths due to pesticide poisoning reported in the district, Yavatmal police in Maharashtra on Friday registered a case against yet another retailer for selling pesticides without a license

Paytm Mall sales seen $4 bn by year-end, half-a-billion during festival season, says COO Amit Sinha

Approach taken by e-commerce platforms has not tapped into millions of shopkeepers and retailers across the breadth and length of the country, feels Paytm Mall COO

Consumer goods companies have the potential to unlock $2.95 trillion in next one decade

According to the report over the next one decade, retailers and consumer goods companies have the potential to unlock $2.95 trillion for the industry.

GST from 1 July: Retailers need to file single return every month, says Hasmukh Adhia

Revenue Secretary Hasmukh Adhia said the notion that assessees will have to file three returns every month is unfounded and retailers or B2C dealers need not give invoice wise details every month