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Arvind Mediratta

Lockdown: Retailers witness spike in sale of private labels as supply lines disrupted

Leading retailers Future Retail, Walmart and Metro Cash & Carry have witnessed a spike in their private labels as supply lines from other manufacturers are disrupted amid the lockdown. The retailers said their in-house brands in essential categories such...

Lockdown to impact Indian operation but focus on providing goods: Metro Cash & Carry

Germany's Metro Cash & Carry on Tuesday said the lockdown will have financial impact on its Indian operations, but its focus will be to ensure there is no shortage of food and grocery supplies to kirana stores. According to a...

Anticipated lockdown extension, adequate stock in place, say retailers

Retailers on Tuesday assured there is enough inventory to meet the demand during the extended lockdown period, stating they had stocked up in anticipation of such a move from the government to curb the spread of coronavirus pandemic. According to...

Covid 19: Retailers roll out steps to maintain social distancing, sanitisation at stores

Big retailers, which are presently dispensing only essential items amid the lockdown, are taking precautionary measures like restricted entry and marked lines to maintain social distancing to avoid coronavirus infection at their stores. According to a PTI report: Some stores...

Metro Cash & Carry to open 5 new stores in India this year, enhance partnership with kirana stores

German wholesale retailer Metro Cash & Carry is gearing up for expansion in India with the addition of five new stores this year and also plans to accelerate its e-commerce play and partnership with kirana stores, according to a...

Arvind Mediratta, MD & CEO, METRO Cash & Carry India

What’s the Future of Retail? “Modern retail in the right direction for long term benefits to the Indian economy. Initiatives such as GST and demonetisation have helped streamline retail and wholesale sectors to eradicate unscrupulous players, cumbersome processes and misleading...

India Inc reacts to Budget 2020

Union finance minister Nirmala Sitharaman presented her second budget on February 01, 2020 at a time when the economic growth has plunged to a six-year low amidst a persistent slowdown in the economy followed by a weak demand. Here is how...

Future Forecast: Retail industry expects growth in second half of 2020

As economic slowdown continues to hurt sales, the Indian retail industry expects to bounce back in the second half of 2020 on the back of consumer demand revival and increased spending according to a report in PTI. While major players struggled to keep themselves...

Govt should protect small shopkeepers, bring level playing field: Metro Cash & Carry India CEO

Asking for a level playing field for six crore small shopkeepers, Metro Cash & Carry India CEO and MD Arvind Mediratta on Friday said the government should look into the deep discounting practices of "top three global retailers". According to...

Metro Cash & Carry to digitise kirana stores

Wholesale retailer Metro Cash & Carry on Monday announced an initiative to help kirana shops digitise their business using smartphones. As part of its next phase of kirana digitisation program, Metro in association with ePayLater has co-created a mobile application...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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