COVID-19
Retail Hub
SCAI Virtual Roundtable III: Retail & Shopping Centres – 2020-21 & Beyond
The third of SCAI Mondays– a weekly, custom webinar series aimed at redressing the unprecedented challenges arising out of COVID-19 pandemic for India’s shopping centre development ecosystem – took place on May 11, 2020. A group of India’s leading...
Retail
Digital payments to jump 45 pc and hit US$ 6.7 trillion value by 2023
Coronavirus has caused a significant impact on the way consumers shop and make payments. With social distancing rules in place, many of them have embraced contactless payments and digital wallets as a safer way to manage their money.
According to...
Retail
Supply Chain & Logistics in COVID-19 Times: How to be future prepared
Extensive Demand, Panic buying, Out of stock, Not-Operational, COVID-19. The current situation of the global retail industry can be explained in these five phrases today. There is no end to the rise in product demand due to the lockdown...
Retail
Warehousing demand in 8 major cities drops 29 pc in Jan-Mar, new supply down 14 pc: Report
Warehousing space leasing fell 29 percent to 5.9 million sq ft and new supply declined 14 percent to 9 million sq ft in the first quarter of this calendar year across eight major cities in the country amid coronavirus...
International News
UAE retail market set to grow by 0.4 percent in 2020 as brief lockdown period protects spend, says GlobalData
The United Arab Emirates is forecast to be the sixth best performing market in 2020 (of the 49 countries covered by GlobalData) with spend growth remaining in positive territory significantly helped by its short lockdown period of just two...
Food
Grocery shopping platform StoreSe launches in Delhi NCR
StoreSe.in, a new grocery delivery platform, has announced the launch of its services in the Delhi NCR region starting this week. Consumers across the region can now order essentials and groceries from trusted brands through StoreSe and get it...
Food
20 Marriott hotels in India ready to deliver food via Swiggy
IANS -
Marriott International on Monday said about 20 of its hotels in India are ready to offer home delivery of food as part of an agreement with Swiggy amid COVID-19 disruptions.
As part of the initiative, 'Marriott on Wheels' delivery service...
International News
Stage Stores commences voluntary Chapter 11 process
Stage Stores, Inc. announced that the company has filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division.
The company will simultaneously solicit bids for a going...
Fashion
Benetton India expects up to 45 pc slump in revenue this year due to COVID-19
The coronavirus pandemic is expected to hit the revenue of fashion retailer Benetton India by up to 45 percent in 2020, and its brand journey in the country has gone back by a year due to the health crisis,...
Retail
Panasonic India resumes sales in the country
Panasonic India, a diversified technology company, announced that it has resumed sale of its products where allowed as per Govt guidelines. Starting this week, all Panasonic products are available on online platforms - Amazon, Flipkart and offline stores in...
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Latest News
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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