coronavirus

Stage Stores, Inc. announced that the company has filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division. The company will simultaneously solicit bids for a going...

The coronavirus pandemic is expected to hit the revenue of fashion retailer Benetton India by up to 45 percent in 2020, and its brand journey in the country has gone back by a year due to the health crisis,...

Panasonic India, a diversified technology company, announced that it has resumed sale of its products where allowed as per Govt guidelines. Starting this week, all Panasonic products are available on online platforms - Amazon, Flipkart and offline stores in...

As the COVID-19 outbreak grips the nation, the Indian retail real estate market, in particular, has been hit hard, with consumption sentiment weakening and regional tourism experiencing a shutdown. This in turn is expected to have an adverse impact...

The reopening of stores are just symbolic as it would take time for business to normalise, and without government support many companies will find it difficult to meet financial obligations, according to Spykar Lifestyles. According to a PTI report: The...

Sales of non-essential items on e-commerce platforms in the first week of May were lower than last year on account of lockdown, but orders are scaling fast with people buying apparel, smartphones and grooming products among other items, according...

The restaurant industry is coming together to develop and identify alternative digital platforms that will level the playing field between restaurants and food delivery platforms, industry body NRAI said. Expressing the sentiments of the industry, the National Restaurant Association of...

Tanishq, jewellery brand from the house of Tata announced its plans to reopen its 328 stores across the country in a phased-wised manner. The company will continue to strictly comply with all government rules while reopening and running operations...

Jewellery chains like Senco Gold and Diamonds and Kalyan Jewellers announced to reopen their stores in a phased manner in orange and green zones. Senco Gold and Diamonds said it has reopened 11 stores in four states -- West Bengal,...

PUMA, one of the leading sportswear brand, has reopened select standalone PUMA stores in high-streets and have also launched e-commerce deliveries in green zones. “Almost 25 stores that have opened across Kerala, Goa and Bengaluru are seeing a positive response....