Big Grid

Indian retail sector was one of the worst-affected due to COVID-19, which in turn impacted private equity investments into the retail sector in 2020. The year was almost dry for the retail sector in 2020 as against 2019 when...

The COVID-19 pandemic has accelerated the shift away from brick-and-mortar stores to digital shopping, as millions of consumers worldwide turned to webshops amid the lockdown. This Coronavirus-led boom in online sales caused a surge in the number of users...

In 2020, retailers who innovated to keep up with the changing consumer behavior reaped bigger than those that did not. According to the research data analyzed and published by Comprar Acciones, retailers offering buy-online-pickup-in-store (BOPIS) options increased their digital revenue by...

The COVID-19-led shutdown recovery period for malls in India has been slow but steady. While Tier II & III malls picked up first and started raking in sizeable footfalls and sales, Tier I malls soon followed, picking up the...

India’s consumer internet economy showed strong resilience in 2020. The overall gross market transaction value dropped earlier last year due to the pandemic but recovered by the end of the year. Industry experts like Vivek Sunder - COO of Swiggy, Umang...

The Confederation of All India Traders (CAIT) said in a statement that its delegation held a meeting late on Thursday with Indian Commerce Minister Piyush Goyal, who told them a "strenuous exercise" was underway to issue new foreign investment rules. "Mr. Goyal told...

Women's fashion brand Indya has forayed into the skincare segment and said it expects 15-20 per cent of its revenue to come from this category in the next 18-24 months. Indya, which is owned by High Street Essentials (HSE) that also runs the FabAlley brand,...

The overall consumer confidence increased by 4.7 percentage points in January 2021, said an IPSOS statement. Sentiments of Indians regarding the economic prospects of the country have improved in January, according to the Refinitiv-Ipsos Primary Consumer Sentiment Index (PCSI). The PCSI Employment Confidence Sub-Index is...

As the global economy is gradually transitioning from the respond phase to the recovery phase, India is also looking at riding on the festive wave and positive consumer sentiments to return to normalcy. According to a Deloitte survey titled 'Demystifying...

Global Shopper Study by Zebra Technologies found shoppers expect a seamless experience between stores and online and are increasingly placing orders online because of desired product availability, resulting in a surge of e-commerce orders with nearly 60 placing placing...

Market regulator SEBI gave a go-ahead on Wednesday to Future Group's scheme of arrangement and sale of assets to Reliance, based on which the Bombay Stock Exchange also granted its "no adverse observation" report to the Rs 24,713-crore deal. The Securities and Exchange Board of...

COVID-19 so far has turned out to be one of the biggest setbacks for the retail and shopping industries around the globe. With lockdowns imposed in every country for more than 50 days, the industry had almost neared a...

With the packaged food industry as a whole evolving and maturing in the country in recent years, packaged sweets have come to register as an integral part of that process. In fact, the traditional popularity of sweets coupled with...

Amid the slow recovery of COVID-19, it may be tempting for companies to stick with what is comfortable and delay ambitious digital transformation projects until more stable times. However, leading data and analytics company GlobalData notes that this would...