Retail Archive

Future Group CEO Kishore Biyani Monday said the burgeoning online retail sector in India has a threat from physical retail models like Big Bazaar and Easyday, owing to low business share and high cost of business of the former. Biyani said although the next trend is digitisation, but physical and

Riding on the success of its “Honor” sub-brand, the time is ripe for the Chinese smartphone maker Huawei to ramp up its offline presence in India, especially in tier II and III cities, says a top company executive. Xiaomi already has two exclusive retail stores Mi Homein Bengaluru while Lenovo-owned Motorola on August

HIGHLIGHTS Xiaomi has taken a $1 billion loan to speed up brick and mortar stores It follows a three-year $1 billion syndicated loan in 2014 Xiaomi shipped 23.16 million smartphones in the second quarter of 2017 Chinese smartphone maker Xiaomi Inc said on Friday it had signed a deal

Year after year, the command of retail continues to interest customers. Although numerous consumers are now taking advantage of online deals, the experience a shopper has when they can interact with the product in person is still highly influential. Studies show that 25% of consumers purchase a