CAIT petitions CCI seeking revocation of the Amazon-More Retail deal
CAIT has stated in its petition that the acquisition mode of More Retail stores in India by Amazon is akin to its deal with Future Group.
Source: businesstoday.in
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Indian supermarket chains to go on expansion spree
Indian supermarket chains to go on expansion spree SECTIONS Share Synopsis Riding on a sharp recovery from pandemic-led blows, supermarket chains are aggressively looking to expand nationwide in the coming years, according to retail real estate companies. The big box retailers are betting on India’s long-term potential for organised food and grocery business, an estimated market of more than $500 billion. Agencies The store expansions will add heft to the companies’ omni-channel strategies, as they plan to use their outlets either as last-mile delivery points or to act as feeders to kiran...
Source: indiatimes.com