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US Retailers Weigh Options As Donald Trump Doubles India Tariff To 50%
The US is the largest export destination for India's textile and apparel industry.
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No Policy Change on Multi-Brand Retailing: Piyush Goyal In US
Union Minister of Commerce and Industry Piyush Goyal on Thursday categorically ruled out the entry of multi-brand retailing in India as such a move would destroy pop-and-mom stores like that of the US.
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Bitcoin Price Dip Continues; Values of Most Cryptocurrencies Including Ether Fall Amid Increasing Volatility
The overall valuation of the crypto sector dropped by 2.02 percent in the last 24 hours. Most cryptocurrencies including Bitcoin, Ether, Cardano, Solana, Tron, Polkadot, and Shiba Inu recorded losses alongside most other altcoins. As per industry experts, investors right now are waiting for US CPI Data slated to arrive on September 13, alongside th...
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Amazon's Battle With Reliance for India Retail Supremacy Became a Legal Jungle: Here’s How
Amazon and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4-billion (roughly Rs. 24,700 crore) sale of assets to the US firm's rival Reliance Industries — with no end in sight.
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Reliance Retail To Launch 7-Eleven Convenience Stores Across India
Reliance Industries Ltd's retail arm said on Thursday it has entered a franchise agreement with 7-Eleven Inc to launch the convenience stores in India, days after Future Retail Ltd ended its deal with the US chain.
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Amazon Tells India Regulator Its Partner Future Retail Is Misleading Public
Amazon has complained to India's market regulator that its local partner Future Retail misled shareholders by incorrectly saying it was complying with its contractual obligations to the US e-commerce giant.
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BMW To Pay $18 Million U.S. Fine To Resolve Inflated Sales Probe
BMW AG and two U.S. subsidiaries agreed Thursday to pay an $18 million (GBP14.1 million) U.S. fine to resolve accusations that they disclosed misleading information about the German luxury automaker's retail sales volume in the United States while raising approximately $18 billion from investors in corporate bond offerings.
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Reliance Says KKR to Invest $755.1 Million in Retail Arm
US private equity firm KKR & Co will invest Rs. 5,550 crores ($755.09 million) in Reliance Industries Ltd's retail arm, giving the unit a pre-money valuation of Rs. 4,21,000 crores.
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Reliance Retail to Receive $1-Billion Investment From Silver Lake Partners
Reliance Industries Ltd said on Wednesday US private equity firm Silver Lake Partners will invest $1.02 billion in its retail business, helping the Mukesh Ambani-controlled company widen its lead as India's biggest retailer.
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Apple to Reopen Some Stores in the US Next Week
Apple on Friday said it will begin gradually reopening its retail shops in the US next week, taking pandemic precautions such as making sure everyone in them wears masks.
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Coronavirus Drags Car Dealers Into Digital Commerce In The US
Auto retailers have been slow to embrace e-commerce, but the coronavirus pandemic is changing that. Online traffic has risen even as in-person showroom traffic has disappeared. Auto dealers are embracing digital tools to close deals without a handshake and arranging for vehicles to be picked up or delivered without requiring customers to come to th...
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Amazon Opens Its First Cashier-Less Grocery Store in the US
Amazon wants to kill the supermarket checkout line. The online retailing giant is opening its first cashier-less supermarket, where shoppers can grab milk or eggs and walk out without waiting in line or ever opening their wallets.
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What Amazon Could Do to the Business of Selling Prescription Drugs
Selling prescription drugs is a big business in the United States - retail pharmacy is a $400 billion industry according to an analysis.
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FCA Realigns Dealership Strategy In India With Destination Stores
It's taken some time for brand Jeep to enter India and for some it's been worth the wait. The SUVs were launched in India this year but the company had earlier announced that there would be separate dealerships for the brand and this was conveyed to us by Mike Manley, CEO Jeep, when he visited India back in 2013. But there seems to be a change in p...
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Another US retailer confirms payment card data breach
Retailers are planning to form an industry group for collecting and sharing intelligence in a bid to prevent future attacks.
-
US Retailers Weigh Options As Donald Trump Doubles India Tariff To 50%
The US is the largest export destination for India's textile and apparel industry.
-
No Policy Change on Multi-Brand Retailing: Piyush Goyal In US
Union Minister of Commerce and Industry Piyush Goyal on Thursday categorically ruled out the entry of multi-brand retailing in India as such a move would destroy pop-and-mom stores like that of the US.
-
Bitcoin Price Dip Continues; Values of Most Cryptocurrencies Including Ether Fall Amid Increasing Volatility
The overall valuation of the crypto sector dropped by 2.02 percent in the last 24 hours. Most cryptocurrencies including Bitcoin, Ether, Cardano, Solana, Tron, Polkadot, and Shiba Inu recorded losses alongside most other altcoins. As per industry experts, investors right now are waiting for US CPI Data slated to arrive on September 13, alongside th...
-
Amazon's Battle With Reliance for India Retail Supremacy Became a Legal Jungle: Here’s How
Amazon and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4-billion (roughly Rs. 24,700 crore) sale of assets to the US firm's rival Reliance Industries — with no end in sight.
-
Reliance Retail To Launch 7-Eleven Convenience Stores Across India
Reliance Industries Ltd's retail arm said on Thursday it has entered a franchise agreement with 7-Eleven Inc to launch the convenience stores in India, days after Future Retail Ltd ended its deal with the US chain.
-
Amazon Tells India Regulator Its Partner Future Retail Is Misleading Public
Amazon has complained to India's market regulator that its local partner Future Retail misled shareholders by incorrectly saying it was complying with its contractual obligations to the US e-commerce giant.
-
BMW To Pay $18 Million U.S. Fine To Resolve Inflated Sales Probe
BMW AG and two U.S. subsidiaries agreed Thursday to pay an $18 million (GBP14.1 million) U.S. fine to resolve accusations that they disclosed misleading information about the German luxury automaker's retail sales volume in the United States while raising approximately $18 billion from investors in corporate bond offerings.
-
Reliance Says KKR to Invest $755.1 Million in Retail Arm
US private equity firm KKR & Co will invest Rs. 5,550 crores ($755.09 million) in Reliance Industries Ltd's retail arm, giving the unit a pre-money valuation of Rs. 4,21,000 crores.
-
Reliance Retail to Receive $1-Billion Investment From Silver Lake Partners
Reliance Industries Ltd said on Wednesday US private equity firm Silver Lake Partners will invest $1.02 billion in its retail business, helping the Mukesh Ambani-controlled company widen its lead as India's biggest retailer.
-
Apple to Reopen Some Stores in the US Next Week
Apple on Friday said it will begin gradually reopening its retail shops in the US next week, taking pandemic precautions such as making sure everyone in them wears masks.
-
Coronavirus Drags Car Dealers Into Digital Commerce In The US
Auto retailers have been slow to embrace e-commerce, but the coronavirus pandemic is changing that. Online traffic has risen even as in-person showroom traffic has disappeared. Auto dealers are embracing digital tools to close deals without a handshake and arranging for vehicles to be picked up or delivered without requiring customers to come to th...
-
Amazon Opens Its First Cashier-Less Grocery Store in the US
Amazon wants to kill the supermarket checkout line. The online retailing giant is opening its first cashier-less supermarket, where shoppers can grab milk or eggs and walk out without waiting in line or ever opening their wallets.
-
What Amazon Could Do to the Business of Selling Prescription Drugs
Selling prescription drugs is a big business in the United States - retail pharmacy is a $400 billion industry according to an analysis.
-
FCA Realigns Dealership Strategy In India With Destination Stores
It's taken some time for brand Jeep to enter India and for some it's been worth the wait. The SUVs were launched in India this year but the company had earlier announced that there would be separate dealerships for the brand and this was conveyed to us by Mike Manley, CEO Jeep, when he visited India back in 2013. But there seems to be a change in p...
-
Another US retailer confirms payment card data breach
Retailers are planning to form an industry group for collecting and sharing intelligence in a bid to prevent future attacks.
