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Indian Retail Stores faces 30% Loss due to Online Indian Festive Sales

BUSINESS, BUZZING, RETAIL
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Indian Stores, Indian Retail Stores, Ecommerce Festive Sales, Big Billion Days, The Great Indian Festival, Amazon, Flipkart, Snapdeal, Myntra, Jabong, Paytm, Six Day Festive Sales, RedSeer Consulting Report, Gross Merchandise Value, GMV, India's Biggest E-Commerce Platforms, Flipkart And Amazon, Market Supremacy, E-Commerce Revenues, Economy, Growth, Slowdown, Recession, Unemployment, Vicious Cycle, Business, Retail, Online, Ecommerce, Offline, Organized retail sector, Unorganized retail sector, Retail Sales, Retail Demand, Uncertainty in Indian Retail Sector, Indian Consumer Sentiment

Urban shoppers seem to be tightening their purse strings when it comes to in-store purchases. People are sticking to need-based buying and that’s led to lower footfall and tepid conversion rates for brick-and-mortar retailers in the pre-Diwali weekend. Small traders seem to be hit the hardest: Some have reported a fall of 25-50% in festive […]

Snapdeal inching closer to acquire ShopClues In All-Stock Deal

BUSINESS, BUZZING, INTERNET, RETAIL, STARTUPS, WEB
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amazon, Flipkart, Kunal Bahl, Radhika Aggarwal, Sandeep Aggarwal, Sanjay Sethi, ShopClues, Snapdeal, Walmart, Foriegn Direct Investment in E-commerce, Government policies on E-commerce, E-commerce, ECOMMERCE PLAYERS, ONLINE MARKETPLACE, AMAZON, E-COMMERCE COUNCIL OF INDIA, AMAZON INDIA, ECOMMERCE SECTOR, SNAPDEAL FLIPKART, E-COMMERCE POLICY, ONLINE SELLERS, E-COMMERCE COMPANIES, e-commerce news

E-Commerce Company Snapdeal has recently started first round of negotiations with ShopClues to explore a potential strategic alliance,” a source familiar with the discussions reported. This was also confirmed by another independent source. “Talks are at a nascent stage and may or may not necessarily result in a deal,” one of the above-mentioned sources said, […]

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