Zomato, Swiggy Likely to Merge Just before the Amazon’s Entry In Online Food Delivery Business in India. India’s leading online food delivery startups Zomato and Swiggy grand mega merger on the cards soon amid looming threats from Amazon and UbeEats, according to media reports. Both Swiggy and Zomato are in negotiations over a strategic merger. […]
Xiaomi inaugurated 2500th exclusive Mi Store. These 2500 stores are presently flourished across 790+ cities in all states. As per the retail research agency Channelplay, this is the largest single brand retail network in India (across all categories), followed by Samsung India, Cafe Coffee Day(CCD), Dominos India, and Bata India.
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 […]