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Lockdown: Nielsen slashes FMCG growth forecast by half to 5-6 pc for 2020

Market insight firm Nielsen has slashed the growth forecast for FMCG sector by almost half to 5 to 6 percent for 2020, citing impact of coronavirus pandemic and subsequent lockdown. Earlier, on January 21, Nielsen had projected the FMCG industry''s...

After hand sanitisers, now vegetable, gadgets disinfectants from FMCGs

After launching hand sanitisers to fight coronavirus, fast moving consumer goods (FMCG) companies are hitting the market with other products like disinfectants for fruits and vegetables, personal gadgets and various surfaces. While Marico Ltd has come out with a product...

Karnataka plans to open shopping centres and other commercial activities across the state

The Karnataka government has indicated that it is planning to open shopping malls, a host of commercial and industrial activities across the state, except the containment zones, from May 4. After a cabinet meeting that discussed the post-May 3 roadmap,...

Indian retail may eventually need 'ventilator support': RAI CEO

As no economic package has been announced so far and restrictions for shops and retail stores still exist in most states across the country, Retailers Association of India's (RAI) CEO Kumar Rajagopalan feels that the condition of the retail...

The role of food packaging technology in a post-Covid world

The coronavirus pandemic has spurred a fresh spurt of growth in food retail and e-commerce, which will catalyze the demand for recycled flexible packaging in the food and beverage industry. Earlier, people in small towns had to come to a...

Textile players to witness substantial fall in topline, operating profits: India Ratings

The textile players are expected to record a substantial fall in their topline and operating profits due to weak export as well as domestic demand in the first half of the financial year, India Ratings and Research (Ind-Ra) said...

Amazon had 4bn visitors in March, more than eBay, Apple, Walmart, Rakuten combined

Data gathered by Learnbonds.com indicates that online retail giant Amazon had 4.06 billion unique visitors in March. According to the data, this figure was more compared to combined visitors for the other five leading online stores. Amazon dominates the online...

Britannia launches WhatsApp based store locator

Britannia Industries Ltd has launched a Store Locator service to enable consumers to find their favourite Britannia products in stores nearby. Given the context of the ongoing lockdown, the GPS-based Chatbot publishes a list of stores near the consumer's...

Fine dining experiences will never be same again, feel restaurateurs

Fine dining experiences will never be the same again, feel restaurateurs who believe people will be more interested in takeaway and online ordering after the lockdown is lifted. According to a PTI report: Restaurants in Kolkata are looking to slash...

How Blackberrys is using the lockdown as an opportunity to reinvent itself

The lockdown and retrenchment have spelt disaster for businesses across the country, bringing them to a standstill. While the extent of the lockdown is hitherto uncertain, with a slew of states urging the Government for extension, retail entities can...
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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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