Amazon is reportedly planning to open department stores, its latest experiment in physical retail

Amazon is planning to open large retail locations that resemble department stores, according to a Wall Street Journal report. The move would mark Amazon's latest experiment with physical retail stores after stealing market share in the retail landscape from incumbents. The company has opened brick-and-mortar book stores, grocery stores and cashierless convenience stores in recent […]

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Restaurants facing a nationwide ketchup shortage

(CNN Business)When the doors open at the Blake Street Tavern every day, owner Chris Fuselier is looking for customers and looking for ketchup. “Absolutely,” the Denver restaurateur says. “In hindsight, if you’d have asked me eighteen months ago would I have concerns about ketchup shortages, I would have said ‘Are you crazy?’” But since then, […]

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Demand to rationalise GST on food delivery biz to 5 %

Customers taking food delivery at their home or office are paying 13% higher price on the same food and beverages compared to customers who are walking down to restaurants as the dine-in tax rate is 5%, they claimed. The restaurants and food delivery sector has demanded that goods and services tax (GST) on home delivery […]

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