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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Most glowing opinion pieces on the acquisition of Whole Foods by Amazon (Forbes) don't hold water. There are much cheaper ways to get quick delivery (partnerships with stores, etc) than buying expensive Whole Foods locations. This is not a threat to Wal-mart as there is very little overlap between the customer bases of Whole Foods (high end) and Wal-mart (middle and lower income). However, grocery is a desirable retail category that Amazon has been trying to crack for a while. The market size is more than $600bn in the US alone (everyone needs food) and is fragmented (No grocer has more than 10% market-share other than Wal-mart, which itself controls only a fifth of grocery sales). Also, with its stock price at a low (with 2 years of declining sales), Whole Foods comes cheap (especially when bought with Amazon stock). At best, this is a relatively inexpensive "offline retail" experiment that will enable Amazon to scale its "technology in the physical environment" efforts, while gaining access to a running grocery business with great brand recall. Some downsides in this article titled 'The one glaring problem with the whole Amazon-Whole Foods deal'

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Pepperfry and Urban Ladder's 'offline' idea to ward off global brands
Pepperfry and Urban Ladder's 'offline' idea to ward off global brands - Economic Times
Indias largest furniture retailers (both bristle at the etailer tag) are making this strategic shift at a time when the industry itself is in transition. Facebook Twitter Linkedin Email

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Capitalizing on India-Pak cricket match, Flipkart launches another electronics sale
Capitalizing on India-Pak cricket match, Flipkart launches another electronics sale - Economic Times
These deals will be valid on all platforms for Flipkart customers - that is, website, app or m-site - unlike Paytm Mall which was offering similar discounts but only through its app. Facebook Twitter Linkedin Email

With Whole Foods, Amazon on collision course with Wal-Mart
With Whole Foods, Amazon on collision course with Wal-Mart - Mingtiandi
Find the latest Retail Insight, News & Articles from all top sources for the Indian Retail industry on ET Retail. Facebook Twitter Linkedin Email

EU fines Google $1bn over market dominance
EU fines Google $1bn over market dominance - India.com
The tech giant has been accused of abusing its market dominance and favoring its new shopping service. - Facebook Twitter Linkedin Email

Meet Hasmukh Adhia, the most vital cog in PM Modi's plan to help India keep its date with GST
Meet Hasmukh Adhia, the most vital cog in PM Modi's plan to help India keep its date with GST - Economic Times
Everyone in Delhi's corridors of power speaks in hushed tones when asked about the clout of this top babu — a former Modi aide during his Gujarat days. Facebook Twitter Linkedin Email

Ma & Son may team up to Grab a $1.5 billion investment ride
Ma & Son may team up to Grab a $1.5 billion investment ride - Economic Times
The Ma investment, which may come from either Alibaba Group Holding or payments affiliate Ant Financial, would bring his competition with arch rival T.. Facebook Twitter Linkedin Email

Why Flipkart has to worry about a lot more than Amazon buying BigBasket
Why Flipkart has to worry about a lot more than Amazon buying BigBasket - Forbes India (blog)
Across ecommerce, cloud services and entertainment, Amazon already has a broader ecosystem, and its Whole Foods play shows it is willing to audaciously go offline. That, as local rules change, is plausible in India too Facebook Twitter Linkedin Email

Wal-Mart may beat Amazon's sales growth in back-to-school season
Wal-Mart may beat Amazon's sales growth in back-to-school season - NPD - Times of India
Wal-Mart acquired online wholesale retailer Jet.com for $3 billion in 2016, through which it not only expanded its product assortment and added more t.. Facebook Twitter Linkedin Email

Airbnb to buy background-check start-up Trooly to root out scams
Trooly’s technology could help Airbnb track various customer violations, such as side deals between guests and hosts Facebook Twitter Linkedin Email

Ola, Uber cab supply fell nearly 25% in March quarter, says report
Cars affiliated to Ola and Uber declined to 380,000 in the March quarter on a fall in driver incentives, says RedSeer Management Consulting  report Facebook Twitter Linkedin Email

Evolving Ecommerce Best Practices in Retail
Aberdeen Group
Despite all the gloom in offline retail, the 2008 holiday season has been the best on record for Amazon. Facebook Twitter Linkedin Email

The three most important attributes for any ecommerce site during peak seasons are searchability, scalability and personalization. As each of these can prove to be a formidable challenge, many retailers choose to focus on just one of these attributes due to inflexible delivery formats and lack of focus on customer needs. There is a relatively small cadre of retailers that take on and deliver all three to their customers in a seamless manner.

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