Nivedita's Feed
May 15, 2012

Amazon aims to launch front-lit Kindle in July

By Nivedita Bhattacharjee

(Reuters) – Amazon.com Inc will launch new versions of its Kindle e-reader and tablet, including a monochrome e-reader with front lighting, a source who has seen the prototype told Reuters.

The world’s largest Internet retailer is aiming to have the new e-reader in stores in July, said the source, who has direct knowledge of the matter but asked not to be named because Amazon (AMZN.O: Quote, Profile, Research, Stock Buzz) has not yet made the decision public.

May 14, 2012

Amazon aims to launch front-lit Kindle in July –source

May 14 (Reuters) – Amazon.com Inc will launch new
versions of its Kindle e-reader and tablet, including a
monochrome e-reader with front lighting, a source who has seen
the prototype told Reuters.

The world’s largest Internet retailer is aiming to have the
new e-reader in stores in July, said the source, who has direct
knowledge of the matter but asked not to be named because Amazon
has not yet made the decision public.

May 3, 2012

Apparel sales stay strong in April

By Nivedita Bhattacharjee

(Reuters) – Several clothing retailers, including Limited Brands Inc (LTD.N: Quote, Profile, Research, Stock Buzz) and Zumiez Inc (ZUMZ.O: Quote, Profile, Research, Stock Buzz), posted better-than-expected sales in April, helping to allay fears that March’s strength came from an earlier Easter and a warm start to the spring season.

But Costco Wholesale Corp (COST.O: Quote, Profile, Research, Stock Buzz) missed Wall Street estimates for the second month in a row, indicating competition with other big-box retailers hurt the biggest U.S. warehouse club operator’s performance.

May 3, 2012

U.S. apparel sales stay strong in April

May 3 (Reuters) – Several U.S. clothing retailers, including
Limited Brands Inc and Zumiez Inc, posted
better-than-expected sales in April, helping to allay fears that
March’s strength came from an earlier Easter and a warm start to
the spring season.

But Costco Wholesale Corp missed Wall Street
estimates for the second month in a row, indicating competition
with other big-box retailers hurt the biggest U.S. warehouse
club operator’s performance.

Apr 30, 2012

Social gifting: the new buzzword in e-commerce

* Sweden’s Wrapp, other startups, win venture-cap backing

* Nascent industry carries big growth potential -investors

* Retailers like potential sales boost, low marketing cost

By Nivedita Bhattacharjee

(Reuters) – Last year, the buzzword in e-commerce was Groupon Inc and its myriad of competitors that offered daily online coupons to entice shoppers in a down economy. Now, the latest fashion in retail is social gifting, where people get together on Facebook to buy each other gifts.

Start-ups such as Sweden-based Wrapp, which is launching its U.S. business on Monday, are getting millions of dollars in venture-capital funding, and retailers like Best Buy Co Inc, Gap Inc and Starbucks Corp are scurrying to be a part of it.

Apr 24, 2012

Retailers play catch-up in fashion speed race

By Nivedita Bhattacharjee

(Reuters) – After years of losing customers to Europe-based retailers that give young shoppers fresh fashions more quickly, clothes retailers are fighting back.

To pick up speed, companies like Gap Inc, American Eagle Outfitters and Macy’s Inc are placing smaller orders in more factories, and waiting until the last minute to say what colors and cuts the fabric should take. They are also slashing the time clothes spend in warehouses, industry experts said.

Apr 24, 2012

Analysis: Retailers play catch-up in fashion speed race

By Nivedita Bhattacharjee

(Reuters) – After years of losing customers to Europe-based retailers that give young shoppers fresh fashions more quickly, clothes retailers are fighting back.

To pick up speed, companies like Gap Inc (GPS.N: Quote, Profile, Research, Stock Buzz), American Eagle Outfitters (AEO.N: Quote, Profile, Research, Stock Buzz) and Macy’s Inc (M.N: Quote, Profile, Research, Stock Buzz) are placing smaller orders in more factories, and waiting until the last minute to say what colors and cuts the fabric should take. They are also slashing the time clothes spend in warehouses, industry experts said.

Apr 23, 2012

Analysis: U.S. retailers play catch-up in fashion speed race

By Nivedita Bhattacharjee

(Reuters) – After years of losing customers to Europe-based retailers that give young shoppers fresh fashions more quickly, U.S. clothes retailers are fighting back.

To pick up speed, companies like Gap Inc (GPS.N: Quote, Profile, Research, Stock Buzz), American Eagle Outfitters (AEO.N: Quote, Profile, Research, Stock Buzz) and Macy’s Inc (M.N: Quote, Profile, Research, Stock Buzz) are placing smaller orders in more factories, and waiting until the last minute to say what colors and cuts the fabric should take. They are also slashing the time clothes spend in warehouses, industry experts said.

Apr 23, 2012

U.S. retailers play catch-up in fashion speed race

April 23 (Reuters) – After years of losing customers to
Europe-based retailers that give young shoppers fresh fashions
more quickly, U.S. clothes retailers are fighting back.

To pick up speed, companies like Gap Inc (GPS.N: Quote, Profile, Research), American
Eagle Outfitters (AEO.N: Quote, Profile, Research) and Macy’s Inc (M.N: Quote, Profile, Research) are placing
smaller orders in more factories, and waiting until the last
minute to say what colors and cuts the fabric should take. They
are also slashing the time clothes spend in warehouses, industry
experts said.

Apr 22, 2012

Wal-Mart silenced Mexican bribe inquiry: NY Times

By Nivedita Bhattacharjee

(Reuters) – Wal-Mart Stores Inc, the world’s largest retailer, squelched an internal investigation into allegations of bribery at its Mexican subsidiary instead of broadening the probe, the New York Times reported on Saturday.

The Times said that in September 2005, a senior Wal-Mart lawyer received an e-mail from Sergio Cicero Zapata, a former executive at the company’s largest foreign unit, Wal-Mart de Mexico, describing how the subsidiary had paid bribes to obtain permits to build stores in the country.

    • About Nivedita

      "Think all things tech and telecoms. Currently in Mumbai. Previously in Chicago, covering retail, transport and airlines. Joined Reuters in 2008."
      Joined Reuters:
      2008
      Languages:
      English, Hindi, Bengali
    • Follow Nivedita