Competition and Industry News
Uniting retail: Why online versus offline debate must endedit
To many, retail seems to be having an identity crisis. The growth of online retail is blamed for the closed shopfronts on American and European streets and dead malls in India and China. At the same time, Amazon is opening physical stores and buying offline retail operations in the US and in India, whereas the world’s largest retailer, Walmart, is busy digesting India’s e-commerce market leader (Flipkart). India’s online fashion and lifestyle websites too — including Myntra, FirstCry, Yepme and FabAlley – are acquiring offline brands or opening stores.
Publication: Financial Express (Online)
Date: October 26, 2018
E-commerceAmazon sees slower international growth, cites late Diwali salesedit
Amazon’s international growth slowed considerably during the September quarter, with the company citing a later Diwali sale in India compared to the previous year as one of the main reasons. The Seattle-based company was, however, able to temper losses from international business, with losses falling significantly by 59% from the September quarter last year, when they had ballooned to nearly $1 billion.
Publication: The Economic Times (Online)
Date: October 26, 2018
AmazonOnline Home Decor Market Benefits, Business Opportunities and Future Scope Till 2023edit
The report presents an inside and out evaluation of the Online Home Decor including empowering innovations, key patterns, showcase drivers, challenges, institutionalization, administrative scene, arrangement models, administrator contextual analyses, openings, future guide, esteem chain, environment player profiles and methodologies. The report additionally shows figures for Online Home Decor speculations from 2018 till 2023.
Publication: The India Reporter (Online)
Date: October 26, 2018