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ShopClues to enter unboxed gadgets segment, eyes doubling GMV.

Online marketplace ShopClues is entering the unboxed and refurbished electronic gadgets category and targets doubling its gross merchandise value with a customer count of 9 million by the end of this fiscal year. The company aims to organise the mostly unstructured category of used and unboxed electronics. “With a focus on the “re-new” gadgets category, ShopClues is […]

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After Xiaomi and Motorola, Huawei to ramp up offline store presence in India

Chinese mobile-maker Huawei, which also owns online brand Honor, has initiated measures to ramp up its offline presence in India. Recently, its rivals Xiaomi & Lenovo-owned Motorola had launched fully owned brick & mortar stores – Mi Home & Moto Hubin top Indian cities. Unlike its rivals who have invested in metros, Huawei plans to set

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Malaysian retail chain Kioda to enter India, plans to invest $10 million

Malaysian fashion & lifestyle concept retail chain Kioda is planning to enter India. It will be a joint venture with franchise solutions company Franchise India Holdings Ltd, where both the companies will be investing about $10 million over the next three to four years. The company is planning to open 200-300 concept stores in India

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Dear retailers, take note! SapientRazorfish, Salesforce decode new patterns of shopper behaviour

SapientRazorfish in partnership with Salesforce has come up with a report on “Future of shopping”. In this research, behavioural patterns of shoppers were studied to help companies leverage by creating customer centric business. “To stay competitive in this fast-moving and connected world, brands need to offer shoppers more personalised and engaging experiences on any channel

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Brick-and-mortar stores take the discount route to compete with online giants

Several of India’s brick-and-mortar retailers are striking back at online giants Amazon and Flipkart with their own mini sales, which are being held over weekends or whenever the e-commerce sites offer  Hardly a day has gone by when one or the other brand was not on sale since demonetization, retail experts said. The sector was hit by demonetization,

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