Today in retail, retailers look to diversify their suppliers as a recession looms on the economic horizon, while Target kicks off its back-to-school shopping season as summer hits full stride. Plus, a Reliance Retail partnership is bringing Gap stores to India, and Carvana, Wayfair, Etsy...
Indian retail giant Reliance Retail Limited is bringing American fashion brand Gap to India through a long-term franchise agreement, according to a Wednesday (July 6) press release. The partnership makes Reliance the official retailer for Gap across all channels in India. Reliance will use a...
Amazon is upping its legal battle against Reliance Retail’s $3.4 billion acquisition of Future Group’s retail assets. This time around, it is even asking that an Indian court send Future’s Founder Kishore Biyani to prison and seize his assets, Bloomberg reported. Among other things, Amazon argues...
In a big setback for Amazon, the Securities and Exchange Board of India has reportedly approved Reliance Retail’s $3.4 billion acquisition of Future Group’s retail assets. Regulatory battles may remain for the deal. Amazon had called on the Indian securities board in November to investigate...
October 31, 2023
SBI Cards and Reliance Retail are launching a credit card on India’s RuPay payment network. The co-branded card marks Reliance’s entry into the credit card space, according to a Tuesday (Oct. 31) Reuters report on the collaboration. The report noted that the card could entice customers to rewards at Reliance Retail’s 18,650 stores in India, at a moment when credit card […]
July 06, 2022
Indian retail giant Reliance Retail Limited is bringing American fashion brand Gap to India through a long-term franchise agreement, according to a Wednesday (July 6) press release. The partnership makes...
January 25, 2021
Amazon is upping its legal battle against Reliance Retail’s $3.4 billion acquisition of Future Group’s retail assets. This time around, it is even asking that an Indian court send Future’s Founder...
January 21, 2021
In a big setback for Amazon, the Securities and Exchange Board of India has reportedly approved Reliance Retail’s $3.4 billion acquisition of Future Group’s retail assets. Regulatory battles may remain...
