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Online retail to grow rapidly in USA, Europe

March 09, 2010

Online retail in the US will grow by 10% compound annual growth rate (CAGR) in the next five years, says a report by Forrester Research. The industry will be worth nearly $249 billion by 2014.…
Majority of retailers fail in cross-channel integration

February 15, 2010

CrossView, a leading cross-channel commerce solution and retail technology provider, has released a study showing that many retailers currently fail at cross-channel integration by not providing…
Target to stay with captive; dismisses sale report

January 19, 2010

Target Corporation has dismissed the report that it is selling its Indian captive to Wipro for $ 60 million. It has said the efforts to integrate its Bangalore and US teams continue. The company…
Wipro to buy Target India for $60 million?

January 18, 2010

Wipro has reportedly won the race to acquire Target Corporation’s India center. The IT giant beat others like Infy and TCS to win the bid, says a report by Deccan Herald. The deal for the India…
Wipro launches cloud-based retail solutions

January 13, 2010

Wipro Technologies, the global IT services business of Wipro Limited, announced the launch of two strategic retail solutions, Digital Customer Experience Platform and Loss Prevention Platform.…
Retail spending in 2009 better than 2008

December 31, 2009

comScore has reported the retail e-commerce spending for the holiday season from November 1 through Christmas Eve. During this period, approximately $27 Billion was spent online, which represents an…
Online retailers keep customers happy in 2009

December 30, 2009

Customers of the largest online retailers are more satisfied than ever according to ForeSee Results’ annual report on holiday shoppers. Websites for Macys, SonyStyle, The Gap, The Home Shopping…
Retail sites are the flavor of the festive season

December 29, 2009

comScore has released its monthly analysis of U.S. Web activity at the top online Properties for November 2009. Retail sites experienced a surge in activity as Americans began their holiday…
E-Commerce moves to mainstream in India

December 17, 2009

E-Commerce is not a futuristic sounding word in India anymore. It has leaped beyond metros and entered small towns. A staggering 747 rural towns in India now shop online, says eBay India Census 2009.…
Infy, Cognizant, win WalMart mega deal

December 04, 2009

US retail chain WalMart is handing contracts worth $600 million to Indian IT companies Infosys, Cognizant, and UST global, reports Business Standard. The value of the multi year contract is almost…

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