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Walmart-Owned Flipkart Raises $3.6B to Fund Next Stage of Growth in India

Retail TouchPoints

The Flipkart Group includes ecommerce marketplace Flipkart , digital fashion destination Myantra , Flipkart Wholesale , online travel company Cleartrip and a majority stake in the payments app PhonePe. Brick-and-mortar dominates the retail scene, with ecommerce projected to account for just 7% of sales this year, up from 3% in 2017.

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How Data and Tech Power Jewelry Brand Pandora’s Mission to ‘Give a Voice to People’s Loves’

Retail TouchPoints

As an organization, we’ve grown through the wholesale side,” said Van Dijk. Now we have a lot more owned-and-operated stores, and when you build a system to target mostly wholesale, that’s a whole different level of transactions than if you have your own stores.

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One to watch: APAC goes all in on social commerce

Inside Retail

In 2021, it was projected to generate $363 billion in sales, up 36 per cent, year on year, accounting for 13 per cent of total e-commerce sales. In Australia, new payment methods are making online shopping, especially transactions on social media, faster and easier. Live shopping emerges.

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How Worthy Conquered Mistrust Issues In Jewelry Resale

Retail TouchPoints

Usually, the best options consumers had for reselling their high-end jewelry were pawn shops, retail jewelers that made widely inconsistent offers or eBay , which wasn’t geared for selling goods valued in the thousands of dollars. It also provides access to human account managers who can guide prospective sellers.

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Locals rebuff invaders: Inside Vietnam’s convenience stores war

Inside Retail

A decade ago, convenience stores were a rare sight in Vietnam, where the vast majority of the population was used to shopping in traditional markets or mom-and-pop stores for everyday grocery needs. In recent years, the nation’s convenience store market has seen rapid escalation – and sophistication – in the larger cities. per cent, 20.7

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Nordstrom Leaves Canada, 9 Reasons Why

Indigo 9 Digital

If you didn’t want to spend too much money you could shop at Macy’s or Sears. Or if you wanted to spend a lot more you could shop at Nordstrom, Neiman Marcus or Saks Fifth Avenue. Luxury consignment shop TheRealReal which is mostly online launched in 2011 and brought in $1.2 There were even fewer choices in Canada at that time.

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“It’s the right time to open some stores”: Ksubi CEO Craig King

Inside Retail

They got a lot of attention really quickly, and they got some good accounts. A group called Bleach stepped in and picked up their debt and ran the business until 2014. IR: What are some of the key things General Pants did to revitalise the Ksubi brand after acquiring it in 2014? In 2008, they actually went into administration.

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