coronavirus

The closure of non-essential retail in the UK, now extended for another three weeks, equates to 382 million square feet of physical space out of action. This space would have generated £14.5bn of sales over that period based on...

After the government barred delivery of non-essential items through e-commerce platforms, Amazon India on Sunday said the new guidelines will disappoint consumers whose list of essentials had expanded to ‘work from home’ and ‘study from home’ products, as well...

Retailers have witnessed a sharp decline in the last week of March across all channels, after posting double digit growth in the first three weeks on account of the lockdown, said data analytics firm Nielsen in a report. This was...

Quick Service Restaurant chains such as Pizza Hut, Domino’s Pizza, McDonald’s and Subway have assured customers of safety of their products amid the COVID-19 crisis, stating that they are taking precautions at stores as mandated by the authorities. According to...

India’s economy is suffering one of the worst economic slowdowns in its history, in line with the global destruction caused by the Covid-19 pandemic. As a result, the companies/factories coming under Ministry of Micro, Small and Medium Enterprises (MSEMs)...

The extended lockdown is bringing a huge change in the human consumption habits in the country. It is said that it takes 21 days of daily practice for an activity to become a habit. It is believed that most...

Allaying safety concerns of customers regarding delivery of packages, Amazon India on Friday said it has taken a slew of 'preventive hygiene measures' across its sites to help keep associates, delivery partners and customers safe. "In these unprecedented times, Amazon...

The clothing brand Harpenne, owned by River Island, has permanently closed less than a year after launching. Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this news saying:“Still in its infancy and...

The retailer associations have urged the government to announce a wage support subsidy that will help them save millions of jobs in the retail space reeling under COVID-19 stress. While lauding all government efforts while dealing with the pandemic, the...

With zero revenues due to the lockdown, fashion retailers on Friday asked the government to devise a mechanism to allow companies to get some cash flows stating that they are headed for a "very challenging time" while also seeking...