India news and analysis

20 March 2020
As authorities are encouraging people to stay at home, the demand for grocery home delivery is rising sharply. Growing online opportunities Since the beginning of the epidemic, online grocery retailers have seen a strong growth in their business: Big Basket: traffic and revenue doubled in less than two weeks. The average basket size increased by 20%. Many new users are placing ord...
28 February 2020
Metro Cash & Carry will add 5 new stores in India this year. Partnerships with “kirana” stores The retailer will build partnerships with small family-owned stores known as "kirana" stores in Bengaluru, Hyderabad and Delhi. It will provide point-of-sale devices to owners to help them track daily sales, profits and order items from Metro online. The devices also allow the stores to trade usin...
19 February 2020
Walmart has updated its forward-looking strategy. Here are 10 key facts to consider as you build your trading plans with the retailer. 1. Staying the course despite holiday sales miss The business remains confident in the long-term strategy and delivering growth despite the miss during the holidays. It was an isolated issue in toys, gaming and clothing. Activities are underway to fix this. ...
24 January 2020
Amazon has announced plans to develop brick-and-mortar ‘Digital Haats’ to help bring more small and medium businesses online. Located around major manufacturing hubs The Digital Haats will be located in Indian cities, particularly around major manufacturing hubs. These will offer services that will enable small and medium sized businesses to digitise. Services offered will include ecommerce...
24 January 2020
7-Eleven has reached another major milestone, surpassing 70,000 stores globally. Customers at the heart Joe DePinto, 7-Eleven Inc.’s President and CEO, said, "Over 93 years we've grown from a small local ice house in Oak Cliff, Texas, to a global and iconic brand that is 70,000 stores strong […] that strength is due to a relentless focus on meeting the needs of our customers. We'll continu...
21 January 2020
Amazon is due to roll out 10,000 electric delivery vehicles in India by 2025, in a bid to reduce the company’s carbon footprint. Over 20 cities The fully electric vehicles (EVs), which are a combination of three-wheeled rickshaws and four-wheeled vehicles, will be operating this year in over 20 cities, including Delhi NCR, Bangalore, Hyderabad, Ahmedabad, Pune, Nagpur and Coimbatore. The mo...
14 January 2020
Walmart India is undergoing a major restructure of the business, beginning with changes in personnel. Looking to drive more efficient operations Eight of the 56 executives that have been let go were in senior management roles and the rest from middle or lower management. Reuters reported that the move had mostly affected executives in Walmart’s real estate division, which mainly looks after...
07 January 2020
Amazon is partnering with Indian Retail Group, Future Retail, to expand the reach of Future Retail’s stores through Amazon’s marketplace. The deal will see Amazon become the official online sales channel for Future Retail. Authorised online sales channel Amazon India will become the authorised sales channel for Future Retail stores, enabling the latter to reach a wider customer base. Future...
13 December 2019
7-Eleven India plans to set up 1,000 stores in Mumbai for the next few years. Launch in March The retailer will be working with a Japanese logistics company, Nippon Express, to develop a network for distributing food and groceries. The first outlets will open in March and the retailer believes it will be two to three years before it considers expanding outside of Mumbai. Local food devel...
14 November 2019
We review Walmart's third quarter results and the outlook as it moves into its most important trading period. Walmart's key numbers Walmart's total revenue in Q3 increased by 2.5% to $128.0bn Sales in its US stores increased by 3.2% and by 0.7% at Sam’s Club US comp store sales increased by 3.2%, and by 6.6% on a two-year stacked basis US ecommerce sales increased 41% Sam’s C...