Samsung Vows to Replace Plastic Packaging with Sustainable Materials
Samsung Electronics has announced it will begin this year to replace its plastic packaging materials with environmentally sustainable materials. The company disclosed on Monday …
Amazon and Walmart could struggle with new e-commerce ruling in India
Amazon and Walmart will sort for new ways of growing their business in India after the country’s government announced new regulations that could thwart …
Amazon will reportedly cut ‘CRaP’ items to bloat bottom line
Amazon is reportedly rethinking its strategy around items that doesn’t bring good profit, reports the Wall Street Journal on Sunday. The online retail giant, …
New Amazon retail store sells products rated 4 stars or above only
Amazon.com Inc. today opened a new vertical of its physical retail stores, Amazon 4-Star at New York’s neighborhood, SoHo. As the name suggests, all …
Michael Kors buys Italian luxury fashion house Versace for $2.1 billion
Michael Kors Holdings Limited (NYSE:KORS) on Tuesday agreed to purchase Europe’s prominent luxury fashion house, Gianni Versace, for nearly $2.1 billion (€1.83 billion). Versace …
IKEA’s Innovations around the World
Ask anyone, “Any idea where I could buy good fashionable furniture from?” The reply will mostly be, “I have an idea. It’s IKEA!” Making …
Amazon and Walmart Battle It Out in India
Over the recent weeks, the Indian e-commerce sector seems to have turned into a giant battlefield for behemoths Walmart and Amazon. The opportunities presented …
Amazon May Open 3,000 Amazon Go Stores by 2021
Amazon is planning to open as many as 3,000 of its cashierless stores, Amazon Go by 2021, as reported by Bloomberg. Amazon Go stores currently …
Walmart tries to woo Millennials with Jet’s makeover
Two years after Walmart Inc. acquired it for $3.3 billion, Jet is getting a fancy makeover to woo millennial customers. A new shopping experience …
PillPack acquisition is the key to Amazon’s plan to cut down healthcare cost
The US $300 billion online pharmacy market is expected to experience huge changes in the nearest future following Amazon’s PillPack acquisition in July. While …
Swatch Group Profit Grows 67 Percent in the First Half of 2018
The situation of the Swiss watch industry seems to rebound post multiyear dooms. Swatch Group reported Wednesday a 66.5 percent increase in net income …
Pininfarina Previews $2 Million Electric Hypercar
The Germany-based start-up, Automobili Pininfarina, a spin-off of the 88-year old Italian design house and owned by Indian car maker Mahindra & Mahindra, teased …
Tesco and Carrefour Inks Strategic Alliance To Cut Prices
The UK-based Tesco Plc announced to form a strategic alliance with France-based Carrefour SA to survive in the competitive environment of the retail market. …
De Beers Now Wants to Monopolize the Man-made Diamond Jewelry Industry
De Beers Group, the leading advocate of ‘Real is Rare’ campaign, announced last month that it is bringing laboratory-grown diamonds (LGDs) to the mass …
Solving Housing Shortage Problem with an Affordable 3D Printed Cabin
Using 3D printing technology, California-based Emerging Objects designed a mesmerizing 3D printed cabin. Calling it the Cabin of 3D Printed Curiosities, it is built …
How can biodegradable plastic solve the plastic pollution problem?
In December, nearly 200 countries including the U.S., China, and India signed a United Nations resolution to eliminate plastic pollution in the sea. The …
5 Million Saks Fifth Avenue and Lord & Taylor Customers Data Hacked
Hudson’s Bay Company (HBC) confirms theft of payment card details at its Saks Fifth Avenue, Saks OFF 5TH, and Lord & Taylor stores in North America. Over five …
From Toys”R”Us to Toys Were Us
The iconic toymaker has filed for liquidation and is closing down all of 735 stores in the US including stores in Puerto Rico. It …
IKEA founder Ingvar Kamprad, Dies At 91
Ingvar Kamprad, the founder of IKEA (Sweden’s furniture chain) in 1943 aged 17 dies at the age of 91. According to a statement released on …
Europe to have its first ever physically present Microsoft store
Have you ever walked into an electronics store and wished that you owned almost all kinds of devices present there? Well, it is a …
Google Walmart partnership will provide an online shopping voice assistant
We live in an era wherein online shopping is the most preferred way of shopping by a majority of people in the world. Adding …