coronavirus
Food
Impact of Lockdown on the FMCG Industry: Disruption in supply chain and labour force
The coronavirus pandemic and the ongoing 21-day lockdown has already had a big implication on global trade and commerce as countries have banned imports and exports and even shut down production of non-essential commodities.
India has already taken plenty of...
Retail
COVID-19: Future of luxury retail in India
How has the Coronavirus affected the global luxury industry? How can luxury companies emerge stronger, more innovative and purposeful after the battle against the Coronavirus has been won? Luxury retailers are eagerly looking forward to the answers to all...
Food
Post lockdown, online-to-offline strategy to get prominence in retail industry: LOTS Wholesale
More and more retailers will be bound to cling to e-commerce platforms and mobile apps as the prevailing situation amid coronavirus lockdown is expected to lead to shift in consumer behaviour, according to LOTS Wholesale Solutions.
According to a PTI...
Food
The impact of COVID-19 on grocery shopping behavior
At the onset of the coronavirus pandemic in the U.S., grocery shopping behavior changed seemingly overnight. The question for many retailers and manufacturers is how the current crisis will impact future shopping behavior once the country returns to a...
Fashion
Sharp fall in consumption in the largest apparel markets of the world due to COVID-19: Wazir Advisors
Retail and business management consultant Wazir Advisors have released a report that outlines a sharp fall in apparel consumption in the USA and European countries. Globally, new COVID-19 cases are projected to reach the acme between the time frame...
Retail
Govt makes a U-turn, stops e-commerce platforms from selling non-essential items
The government on Sunday prohibited e-commerce platforms from selling non-essential items during the lockdown, four days after allowing the companies to sell mobile phones, refrigerators and ready-made garments.
Union Home Secretary Ajay Bhalla issued an order excluding the non-essential items...
Fashion
Landlords under pressure as global fashion chains set to demand rent holidays
Global fashion players operating stores in Europe’s shopping centres and high streets will be demanding, even enforcing in some countries such as Spain, rent holidays over the next few months as COVID-19 continues to take a greater hold, says GlobalData, a leading data and analytics company.
Honor Strachan, Principal Analyst at GlobalData, comments: “Landlords will...
Food
Walmart meets commitment to hire 150,000 associates, pledges to hire 50,000 more
Walmart is committed to helping the fellow Americans seeking work, while serving customers during this unprecedented time. The brand recently committed to hiring more than 150,000 new associates by the end of May. Since then, it has had over...
Food
Digital menu company ‘My Menu’ introduces QR ordering to contain the spread of COVID-19
My Menu, India’s leading digital menu company specialising in digital tablet menu led by industry veteran Abhishek Bose has announced a complimentary QR ordering solution to restaurants worldwide for tackling the post COVID-19 era.
In the aftermath of the massive...
Beauty & Wellness
COVID-19 presents an opportunity for beauty retailers as salons remain closed: GlobalData
Sales opportunities for non-food retailers are scarce amid the COVID-19 pandemic as lockdowns are enforced and non-essential stores remain temporarily closed. However, with 59.8% of consumers globally using salons and spas for treatments*, the desire to replicate salon treatments...
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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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