Zomato and Swiggy have been facing tough time to improve their margins and make money in highly competitive food delivery space.

118-year old US department store chain JC Penney has filed for bankruptcy protection in Corpus Christi, Texas amid coronavirus pandemic-led lockdowns.

Facebook recently announced investment in Reliance Platforms and the deal will boost Reliance Jio’s presence in Indian retail via Facebook’s social networking app WhatsApp.

Mumbaikars will soon have the option for eating, shopping and entertainment round the clock.

Commercial Real Estate sector depends heavily on trends in the retail market and with consumption declining in India, retail space leasing activity in seven major Indian cities has dropped by 35 pe

San Francisco - Amazon.com posted an 18-per-cent boost in sales and a 24 per cent rise in profits as the online retail giant shrugged off the effects of the economic downturn.

The Seattle-based retailer said that it earned 177 million dollars in the first quarter, compared to 143 million dollars a year ago. Sales were up to 4.89 billion dollars compared to 4.13 billion dollars a year ago.