lockdown
Food
'Local Shops on Amazon' launched to enable small retailers sell online
IANS -
E-commerce major Amazon has decided to go big in the neighbourhood commerce space with the launch of ‘Local Shops on Amazon', a programme to enable local and small shops and retailers sell their products online.
The announcement came a day...
Retail
New coronavirus SOP to inflate retailers' cost up to 35 percent: Rakesh Biyani
The operating cost of retailers would increase by up to 35 percent after following the new standard operating protocol (SOP), which includes implementing social distancing and a token system at stores, introduced in the wake of coronavirus pandemic, Rakesh...
Food
Impact of Lockdown on the FMCG Industry: Disruption in supply chain and labour force
The coronavirus pandemic and the ongoing 21-day lockdown has already had a big implication on global trade and commerce as countries have banned imports and exports and even shut down production of non-essential commodities.
India has already taken plenty of...
International News
COVID-19 UK lockdown shuts 382 million sq.ft. of retail space, impacting £14.5bn of sales, says GlobalData
The closure of non-essential retail in the UK, now extended for another three weeks, equates to 382 million square feet of physical space out of action. This space would have generated £14.5bn of sales over that period based on...
Food
FMCG sales decline in last week of March, e-comm to play a larger role: Nielsen
Retailers have witnessed a sharp decline in the last week of March across all channels, after posting double digit growth in the first three weeks on account of the lockdown, said data analytics firm Nielsen in a report.
This was...
Retail
Retailers seek wage support subsidy to retain workforce
The retailer associations have urged the government to announce a wage support subsidy that will help them save millions of jobs in the retail space reeling under COVID-19 stress.
While lauding all government efforts while dealing with the pandemic, the...
Fashion
Lockdown: Zero revenues, only outgo, fashion retailers seek govt help
With zero revenues due to the lockdown, fashion retailers on Friday asked the government to devise a mechanism to allow companies to get some cash flows stating that they are headed for a "very challenging time" while also seeking...
Food
Coca-Cola India complies with government regulations during COVID-19 lockdown
The COVID-19 outbreak has proven to be a global pandemic of an unprecedented scale and resulted in a challenging time for everyone across nations. At this moment, the health, safety and well-being of the employees is of paramount importance...
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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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