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Nordstrom to close all US stores

Apparel retailer Nordstrom withdrew its fiscal 2020 forecast and said it would close stores in the United States and Canada for two weeks due to the coronavirus pandemic. “The health and safety of our customers and employees remain our top...

COVID-19 Impact: Uber Eats waives delivery fees for independent restaurants across US and Canada

Uber Eats will waive delivery fee for 100,000 independent restaurants across the United States and Canada. “As we face the uncertainty of this health crisis together with our restaurant partners, we are thinking about how best to support independent restaurants...

Amazon India says out of stock on some popular items, working with partners to ensure availability

Amazon India has said it is working extensively with seller partners to ensure product availability, and bringing on additional capacity for delivery, after stocks ran out on some popular items, especially in the household staples category. According to a PTI...

Coronavirus Impact: Restaurant industry hit as footfalls dip, several outlets also shut down

Among the businesses being hit due to the coronavirus outbreak in India is the multi-crore restaurant industry, as footfall dipped at most joints, and several others prepared to shut down. According to a PTI report: In the last two weeks,...

Apparel exporters seek Centre's support amid corona crisis

The Apparel Export Promotion Council (AEPC) on Tuesday wrote to Finance Minister Nirmala Sitharaman requesting her immediate intervention to maintain the viability of the country's apparel exporters due to the uncertainty in the global markets. In the letter, AEPC Chairman...

Coronavirus freezes consumer-driven US economy, testing retailers

The coronavirus outbreak has transformed the US virtually overnight from a place of boundless consumerism to one suddenly constrained by nesting and social distancing.The crisis tests all retailers, leading to temporary store closures at companies like Apple and Nike,...

Amazon to hire 1 lakh workers in US amid Covid-19 shutdown

Amazon plans to hire 100,000 new full and part-time staff across the US in its fulfilment centres and delivery network as more and people are relying on online deliveries for their daily needs due to the coronavirus pandemic. Amazon said...

Business in the times of Corona – Beauty & Wellness insights (Part-2)

Of late, a number of Coronavirus cases have come to light in India. As the disease is contracted primarily by touch and proximity, the beauty and wellness industry is the most impacted. Not only is it tough to cut...

Indian retail reels under Coronavirus panic

Amid the rising number of coronavirus cases in the country, the order of closure of malls and multiplexes across many top cities by the respective state governments to prevent people congregating for any reason, has caused the organized retail...

Westlife Development launches contactless delivery for McDonald's

Westlife Development, owner and operator of of McDonald''s restaurants in west and southern India, on Monday said it has launched contactless delivery keeping in mind the coronavirus outbreak. McDonald''s India is ensuring that food reaches customers without being touched by...
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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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