JioMart and Meta completed their one-year partnership through which they have enabled consumers to simply browse and shop for their household needs through WhatsApp chats and making shopping easier for Indian consumers. “Celebrating one year of enabling Indians to shop with ease, JioMart and WhatsApp’s collaboration has proven to be one of the most successful […]
The profit margins of fashion retailers are likely to contract by around 120 bps in FY2024 due to higher discounts and ad spends, despite an estimated 13 per cent revenue growth, the rating agency Icra has said. According to Icra’s recent industry analysis, the operating profit margins of 11 listed retail entities in its sample set, […]
Fashion brand AJIO on Thursday announced that its flagship event ‘All Stars Sale’ will start from 22 September. Customers got early access for a limited period of 6 hours starting 17 September. Commenting on the announcement, Vineeth Nair, CEO, AJIO, said, “All Stars Sale brings fashion’s biggest brands to customers giving them a truly enthralling […]
Amazon plans to hire an additional 250,000 workers in the United States for the upcoming holiday shopping season. It’s 67 per cent increase compared to the number of hires made in the previous two years. The decision is part of Amazon’s efforts to expand its next-day delivery services for customers. This hiring surge follows Amazon’s […]
American Express India announced the launch of its hyperlocal platform ‘Offers Next Door’ in India, it features exciting offers across neighborhood stores in Delhi NCR, Mumbai and Bangalore. The offers are spread across categories including fashion & lifestyle, departmental stores & grocery and health & wellness. Cardmembers can avail of the offer communicated to them […]
Wearable devices market in India saw a robust 53.3 per cent yearly growth in the first half of 2023, with shipping of 57.8 million units, according to data released by International Data Corporation (IDC). International Data Corporation (IDC) is a global market intelligence and advisory services provider. During the quarter of 2023, 32.8 million wearables […]
