COVID-19
Retail
Coronavirus impact on global supply chains
Chinese and multinational companies are starting to feel disruption in their supply chains as the coronavirus continues to spread; the Chinese government extended the shutdown of factories and businesses, and airlines canceled air routes in and out of the...
Retail
COVID and Beyond: Evaluating digital engagement options for frontline employees
Once the economy starts limping back to normal after the COVID-19 induced lay-off , we can hopefully look forward to the speedy opening of thousands of retail outlets across the country. By re-engaging the workforce after this forced hiatus...
Food
How to keep the morale of retail personnel buoyed up in times of COVID-19
The COVID-19 crisis is proving to be a test for businesses with the government announcing a complete nationwide lockdown. While it is hard to predict what the ultimate economic impact of this crisis will be, retail businesses will have...
Food
How will India’s organic food market shape up after the coronavirus
We have been hearing a lot about organic food, especially since the past 10 years or so. During this time, the market for Organics worldwide, as well as in India, has grown steadily. As per an ASSOCHAM study, the...
Food
Paytm launches Rs 100 cr loyalty scheme for kirana stores to cover merchant charges
Digital payment firm Paytm on Tuesday announced a Rs 100 crore loyalty programme for grocery stores to cover losses faced by merchants from transaction charges.
Businesses are now required to pay 1 percent MDR (merchant discount rate) for transferring payment...
Food
'40 pc spike in consumer spend at kirana stores during lockdown'
IANS -
Consumer expenditure for essential goods at kirana stores has increased by around 40 percent since the announcement of the nationwide lockdown, a report by SnapBizz said on Tuesday.
As per the report, there was a major spike in sales in...
Food
Dabur India resumes production at all manufacturing locations
Homegrown FMCG major Dabur India on Tuesday said it has resumed production at all its manufacturing locations following the government relaxing guidelines for the third phase of lockdown.
According to a PTI report: The company, which earlier temporarily suspended production...
Retail
Lockdown relaxation working, non-essential orders up on e-commerce platforms
IANS -
Sitting idle for nearly 45 days, hope rekindled for millions of sellers as leading people from green and orange zones began ordering and receiving non-essential items like stationery, apparel, footwear and electronics from leading e-commerce platforms.
Snapdeal said it received...
Food
LOTS supports kiranas, distributes ‘LOTS of Care Kits’ to ensure safety at shops
In the wake of the coronavirus pandemic, LOTS Wholesale Solutions, a part of the US$ 65 billion Charoen Pokphand Group and a wholly-owned subsidiary of Siam Makro Public Company Limited, committed to serving its members and the community, has...
International News
Global retail stares at $2.1 trillion loss, to take 4 years to revive
IANS -
With the COVID-10 pandemic ravaging several industries amid poor consumer spending, global retail sales in 2020 will decline by an average of 9.6 percent, resulting in a loss of $2.1 trillion and it will take four years for retailers...
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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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