Page 2 - Retail Companies

Over 17,200 new companies set up in India during April-June 2021

More than 17,200 new companies were set up in the country during April to June this year while a total of 13.7 lakh companies were active at the end of June, according to official data.

Flipkart launches QR-code-based pay-on-delivery facility for customers

Walmart-owned Flipkart on Monday launched a contactless, QR-code-based payment facility for all its pay-on-delivery shipments. Consumers who opt for cash on delivery can use this facility, scan the QR code attached to their purchase and make a digital payment for their order through any UPI app at the time of delivery, a statement said. This will help those consumers, who opted for cash on delivery, who can use this facility to scan the QR code attached to their purchase and make a digital payment for their order through any UPI app at the time of delivery. The payment method not only ensures greater safety for consumers at a time when they are looking to minimise personal contact but also addresses the trust deficit that many consumers might face, the statement said. The payment constructs and in-house fintech innovations of Flipkart are empowering new-to-internet customers and helping bring the next 200 million users to the platform, it added. "As the lines between e-commerce ..

Covid crisis: British retail faces 'tsunami of closures' without rent help

They will be subject to legal measures to recover unpaid rent from July

Water treadmill to Hoverbike: Innovations get cool, smart, quirky in 2020

The following list focuses purely on unusual stuff that might tickle the fancy of the retail consumer.

Kamath panel has little impact on retail, media, food services: Experts

30-50% firms don't meet criteria; Analysts say large firms in these segments don't need loan recast due to the efficient manner in which many of them operate

Australia retailers flying to India for online business despite headwinds

Armed with research on India's latest data legislation mandating local storage, many companies are also in the process of setting up background infrastructure in India to support online retail

Supermarkets outpace traditional trade amid the slowdown: Nielsen data

Rate of growth nearly double that of traditional trade in July-Sept: Nielsen data

Listed retail companies likely to see muted revenue in June quarter

However, analysts say the long-term trend for traditional retail in the organised sector remains in place, indicating that companies could grow at 12-plus per cent annually