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Coronavirus: True Religion files for Chapter 11 bankruptcy

Designer jeans company True Religion has filed for Chapter 11 bankruptcy protection for the second time in three years, citing difficulties due to the coronavirus pandemic. In a court filing, the denim retailer said it would have preferred to wait...

Pizza Hut, KFC & McDonald's serve meal to medical and frontline staff at govt hospitals

Fast food brands such as McDonald's, Pizza Hut and KFC have committed to serving meals to medical and frontline staff at government hospitals across cities as part of their COVID-19 relief initiatives in India, the companies said. Pizza Hut...

COVID-19 Impact: Amazon hiring for additional 75,000 jobs

Amazon.com said on Monday it would hire 75,000 more people for jobs ranging from warehouse staff to delivery drivers as the coronavirus epidemic keeps Americans locked in their homes and demand for online orders surge. On March 16, Amazon announced...

Coronavirus Impact: ‘Fashion, grocery may take one year to recover’

At a webinar hosted by Retailers Association of India (RAI) and Trust for Retailers and Retail Associates of India (TRRAIN) on Monday – in which top industry associations Retailers Association of India (RAI), National Restaurant Association of India (NRAI) and The...

Transport tariff hike to send logistics, products costs up

Struggling with shortage of manpower and a massive supply slump coupled with regulatory challenges in a world grappling with the health crisis that is Covid-19, freighters are all set to increase tariff by almost 80 percent. According to a report in...

Walmart Grocery app pips Amazon in US in COVID-19 times

Walmart Grocery app grabbed the top position as this week in the US and hit an all-time high in downloads across all shopping apps, surpassing Amazon by 20 per cent. According to a new analysis from app intelligence firm App...

TEXPROCIL Chairman appeals for immediate announcement of relief package for the exporters

Exporters of textiles and clothing are passing through unprecedented times, said Dr. K.V.Srinivasan, Chairman of The Cotton Textiles Export Promotion Council (TEXPROCIL). Exporters have closed down their production facilities due to the lockdown on account of COVID-19. Dr. Srinivasan...

LimeRoad launches unique financial clinic for sellers

As the nation grapples with the spread of the COVID-19 pandemic through the lockdown, LimeRoad, one of India’s leading independent fashion platform, has launched a new Financial Clinic to provide assistance to thousands of seller partners who are currently...

CoutLoot joins the battle against COVID-19; launches ‘essentials’ service category on its platform

Mumbai-based social e-commerce start-up and offline-to-online enabler CoutLoot has recently introduced ‘essentials’ service category on its platform. The new category will leverage CoutLoot’s extensive offline seller network to safely deliver or self pick up of essential goods sold through its...

GOFRUGAL offers free applications for kirana stores to go online for next six months

GOFRUGAL, one of India’s fastest growing cloud- ERP company, is waiving the cost of their online ordering and delivery management applications for up to 6 months till September 30. Through this announcement, GOFRUGAL is committed to helping as many...
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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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