Tag: Retail
Flipkart acquires Walmart India; ramps up competition in the segment
Indian e-commerce player Flipkart Group has acquired a 100% stake in its parent company Walmart's Indian unit, which operates the cash-and-carry Best Price business,...
New initiative for UAE Entrepreneurs launched by Interior Minister
In line with the Emirate's vision to encourage young people to achieve and manage their innovative ideas as startups to enter the field of...
Walmart weighs COVID policing at stores for safe shopping
US-based retail store chain Walmart will mandate its customers to wear face coverings at all of its and Sam’s Club stores along with placing...
No more ‘CASHDESKS’ and queues; Amazon introduces AI-based ‘SMARTCARTS’
US-based eCommerce giant Amazon has unveiled a smart shopping cart that can automatically detect products placed inside it and let customers pay for shopping...
E-commerce portal for PPE unveiled by Dubai Chamber for businesses
Dubai Chamber of Commerce and Industry unveiled an e-commerce portal for personal protective equipment (PPE) for business and healthcare providers under its Rapid Response...
Jeff Bezos’ wealth unaffected by COVID; Amazon CEO creates new record
American industrialist and Amazon CEO Jeff Bezos' net worth has created a new record, even though he gave up a quarter of his share...
Top Global Brands reach $5 trillion valuations with 6% YOY growth...
The top brands around the world remain unaffected by the global pandemic. A recent 2020 report by The BrandZ on Top 100 Most Valuable...
UAE moves to 60%; Malls and Restaurants permitted to increase capacity
UAE's Ministry of Health and Prevention (MoHaP) and the National Emergency Crisis and Disaster Management Authority (NCEMA), have increased the capacity of shoppers and...