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India e-commerce to grow 27 pc, Reliance to capture half of online grocery sales: Goldman

India's e-commerce business is expected to grow at a compound annual growth rate (CAGR) of 27 percent to reach US$99 billion by 2024, Goldman Sachs said projecting that Reliance Industries would capture half of the online grocery sales through...

With limited customers, UP restaurants to shut down again

The hospitality industry in Uttar Pradesh is unable to regain its business in the unlock phase, mainly due to the fear of the pandemic and the restrictions imposed by the government. While 60 to 70 percent eateries opened up after...

The Indian snacks segment is poised for growth & glory

Among many lifestyle changes the Coronavirus-induced lockdown has brought about, one major one is our snacking and indeed our food habits to a great extent. As we stay confined in our homes, anxious and anticipating what’s next, ready-to-eat savouries...

Unlock 2.0: Retail challenges and solutions in corona times

Two months after enforcing the Coronavirus-led lockdown, the government of India eased some restrictions and markets have gradually started re-opening in different parts of the nation. But although malls and stores have started re-opening, consumer sentiment is still cautious and...

RTW Retailwinds, Inc. voluntarily files Chapter 11 bankruptcy

RTW Retailwinds, Inc., an omnichannel specialty apparel retail platform for powerful celebrity and consumer brands, announced that it and its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy...

COVID-19: Bata going slow on new store openings

Footwear major Bata India Ltd on Monday said it is going slow on new store openings in the wake of the coronavirus pandemic but will continue expanding into new towns through franchise route. According to a PTI report: Disclosing the...

Demand for robot cooks rise as kitchens combat COVID-19

Robots that can cook - from flipping burgers to baking bread - are in growing demand as virus-wary kitchens try to put some distance between workers and customers. Starting this fall, the White Castle burger chain will test a...

COVID-19: A global view of how consumer behaviour is changing

Consumer behaviors are settling into a new normal, as people everywhere learn to live with the reality of COVID-19 and as more countries reopen parts of their economies, says ‘A global view of how consumer behaviour is changing amid...

ITC Hotels in dining outreach across India with Zomato partnership

In keeping with ITC Hotels' commitment towards enhancing gourmet experiences, the chain on Monday announced its partnership with Zomato, India's leading food delivery platform, to offer customers responsible dining experiences in the comfort of their home. Zomato, as an online...

Retail inflation rises to 6.09 pc in June

Retail inflation rose to 6.09 per cent in June, mainly on account of higher prices of food items, the government data showed on Monday. According to a PTI report: Food inflation in June increased by 7.87 percent, according to Consumer...
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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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