lockdown

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...

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...

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...

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...

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...

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...

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...

Sweden’s retail market is set to be one of the better performing in Europe in 2020, only marginally declining 0.4 percent, as it is yet to impose a lockdown (and does not plan to) in contrast to many other...

J.Crew Group, Inc. announced it has reached an agreement with its lenders holding approximately 71 percent of its term loan and approximately 78 percent of its IPCo Notes, as well as with its financial sponsors, under which the company...

As the industry gears up to resume business post the lockdown, Sanjeev Mohanty, Managing Director - South Asia, Middle East & North Africa, Levi’s Strauss & Co., outlined the two aspects that underpin the way demand will be regenerated...