lockdown

After entering into a massive US$ 5.7 bn deal with Facebook, Reliance Industries has begun piloting its new commerce venture JioMart on WhatsApp. JioMart has the advantage of its own Jio telecom user base and the massive reach of...

COVID-19 is an unprecedented humanitarian challenge for all countries. Six weeks of national lockdown have given India the time to make a concerted effort to flatten the pandemic’s curve. Now attention is shifting to reopening the economy while containing...

Embracing the cultural and behavioural shifts that COVID-19 introduces, Vinod Cookware, one of the largest cookware brands in India, aims to strengthen its existing online presence aggressively. The company aims to use technology to augment people, and develop omnichannel...

Brazil’s retail market is set to be one of the better performing in Latin America in 2020, growing 2.0 percent, says GlobalData, a leading data and analytics company. Amy Higginbotham, Retail Analyst at GlobalData, comments: “The COVID-19 outbreak will have...

Neiman Marcus Group LTD LLC announced that it has entered into a Restructuring Support Agreement with a significant majority of its creditors to undergo a financial restructuring, substantially reducing its debt load and interest payments and supporting continued operations during...

SMEs, especially in the food processing sector, have remained a critical part of our food economy and our country’s growth engine and their role will be extremely crucial in the post-COVID-world. However, the bigger question now is: how will...

In a late night order on Friday, April 24, 2020, the government had allowed opening of shops as part of the easing down of lockdown restrictions announced on April 15 with neighbourhood shops and others being to re-open allowed...

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...

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...

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...