lockdown
Fashion
The Children’s Place to close 300 stores permanently
The Children’s Place, one of the largest pure-play children’s specialty apparel retailer in North America, announced financial results for the first quarter ended May 2, 2020.
Jane Elfers, President and Chief Executive Officer, said, “Although we are facing a period...
Retail
Relaxations during lockdown didn't help retailers: Survey
IANS -
The staggered relaxations during the two-month-long nationwide lockdown did not have much of an impact on retail business and their businesses witnessed a severe contraction during the period, according to a survey by the Retailers Association of India (RAI).
In...
Food
McDonald's resumes dine-in facility in 50 outlets of north, east regions
Quick service restaurant chain McDonald's on Thursday said it has resumed dine-in facility in 50 outlets so far in the north and east regions.
The company has made nearly 50 plus process changes to ensure safety and well-being of customers...
Retail
The Global Economy and COVID-19: The Great Lockdown
Despite lower mortality rates than other recent epidemics, the impact of COVID-19 on the global economy and consumer markets has the potential to be significant for many reasons:
- Geographic spread
- Contagiousness
- Weak global economy
- The impact on China Known
Learnings...
In Conversation
Viviana Mall uses social media to instill sense of confidence in customers
In an exclusive interaction with Shopping Centre News Bureau, Manoj K. Agarwal, Chief Executive Officer, Viviana Mall spoke about shopping centres in COVID-19 times, while elaborating on the measures taken by Viviana mall to make it customer-safe post the...
Retail
Impact of the pandemic on East India retail
India has been in a state of lockdown for more than 50 days due to the Novel Coronavirus pandemic and despite the government deferring loan EMIs and easing credit, micro, small and medium enterprises, and retailers are staring at...
Shopping Centres
Company has sufficient liquidity to fund business operations for next 6 months: Inox Leisure
Multiplex chain operator Inox Leisure Ltd on Tuesday said it has sufficient liquidity to fund business operations for at least the next six months although cinema halls of the company are closed following the COVID-19 pandemic.
According to a PTI...
Retail
Brands will have to start afresh post-lockdown, says survey
IANS -
Reeling under the impact of the COVID-19 pandemic, brands will have to start afresh to win back the customers, says a survey.
The brands have lost opportunities, customers have dwindled, revenues hit an all time low and many new challenges...
Food
In-home consumption surges as consumers binge on biscuits, salty snacks
IANS -
Food categories like biscuits, salty snacks, instant noodles, beverages, edible oils are seeing an increase in demand as in home consumption increases while out of home consumption of FMCG products is expected to take a back seat as the...
Fashion
BIBA reopens over 150 stores across the country, ramps up safety measures
Popular women’s ethnic wear brand BIBA started operations by reopening over 150 stores across India. Through these stores – some functioning on alternate days - BIBA is slowly coming alive after a lull of over 50 days due to...
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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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