Retail News

'People tend to pay more when offered something quite cheaply'

When given the choice of getting something quite cheaply or for nothing, you may end up paying more than its real price, a behavioural study has found. (Thinkstock)

When given the choice of getting something quite cheaply, you may end up paying more: study.

Column : Reform rhetoric and realitiesEyes a window into mental decline: Study
AVA launches in-flight shopping in Punjab
Punjab and Chandigarh have got outlets at Chandigarh Airport and Amritsar Airport for in flight shop...

UK's Pavers approaches govt for licence in single brand retail

Govt said footwear and accessories player Pavers England has applied for single brand retail licence...

Bharti Walmart launch training centre in Maha

The centre will train youth, free-of-cost, in retail skills to make them employable in the sector.

Wipro to launch glucose tablets

Wipro had acquired Glucovita from Hindustan Unilever for Rs 5 crore in 2003.

Graduates from top B-schools, IITs make a beeline for e-tailing cos

Raj Kuruhuri, 24, has been working for e-commerce start-up BuyThePrice.com for over a month now. Kur...
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Kishore Biyani's Future Group considering ownership model for KB's Fairprice stores
Company will own the stores and not leave the onus of initial investment on franchisee partner.
Sunil Mittal's Bharti Enterprise to take a call on Wal-Mart JV in Oct: report
US retailer has called Bharti its 'natural partner' to open its retail stores in the country.
Govt to let Walmart source 'indirectly' through agents
Walmart may indirectly source 10% of its raw material through agents from SMEs.
Consumer cos line up offers to offset RBI’s festive dampener
Samsung, LG and Panasonic are lining up freebies and exchange offers
If it works, Big Bazaar Direct will be bigger than BB: Kishore Biyani
Big Bazaar Direct is a franchisee-based model where the franchisees will personally visit consumers.
Techtextil India 2013 in Mumbai from Oct 3
Covering over 3,000 sqm exhibiting space, Techtextil India 2013 will be over 50 per cent bigger than...
Dead snake found in pack of branded mango pulp
A toddler had almost drained the contents of the packet when she felt something thick inside it.
Raymond Weil bullish on India but to stay away from retail FDI
Its wholly-owned Raymond Weil India Distribution Pvt Ltd supplier products to retailers in India.
Kirana stores innovate in battle against retail giants
About 57,000 local retailers in the country resorted to modern retail practices in the past two year...
Indian apparel exports to touch $17 bn: AEPC
The event is being organised by AEPC of the Ministry of Textiles in New York.
In sign of downturn, Indian retail landlords finally capitulate on price
Usually tight-fisted retail landlords have become uncharacteristically flexible on rents.
FMCG cos hike prices to offset rupee shocks
With an increase in input costs, the R1,85,000-crore industry effects price hikes across all categor...
Bharti-Walmart JV fate to be decided by October
Wal-Mart to commit on whether to start front-end retail stores with Bharti or continue wholesale ret...
Sony India plans to hike product prices
Sony India, which sells Bravia TVs, Cyber-Shot cameras, Vaio notebooks and Xperia smartphones in the...
Groupon marketing blitz: Onions at Rs 9/kg
Deal comes at a time when onion prices are ruling anywhere in range of Rs 60-80/kg at retail outlets...
FMCG sector: Govt loss at Rs 16,546 cr due to counterfeit brands
FMCGs like ITC and Coca-Cola, along with Ficci, come together to take on fake brands.
What’s in store: Fewer, smaller outlets
Retail biggies tread cautiously on expansion as industry feels the pinch of economic slowdown
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