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FMCG firms apply 2020 pandemic learnings for minimal disruption

Amid surging COVID-19 cases in the country, FMCG companies say they are applying learnings from the last year when nationwide and several localised lockdowns impacted their manufacturing and supply chain, to mitigate impact of any future disruption. Emami Ltd Director Harsha V Agarwal said based...

E-commerce boom reveals shortcomings of local payment methods in emerging economies

One year into the COVID-19 pandemic saw a tremendous expansion of cross-border e-commerce as consumers continue to seek products and brands unavailable in their home country. The virus outbreak played a key role in increasing the number of the e-commerce users with 57%...

Past lessons handy as e-comm firms assure smooth deliveries in lockdown

E-commerce companies have said they are well prepared and working closely with delivery partners to ensure smooth and safe delivery of packages in Maharashtra where the government has announced a slew of restrictions, including night curfews and weekend lockdown to...

China and US to generate 60% of global e-commerce sales in 2021

The ongoing COVID-19 lockdowns continue fueling the explosive growth of the e-commerce market, as millions of consumers worldwide shifted from brick-and-mortar stores to webshops. According to data presented by TradingPlatforms.com, the revenue of the global e-commerce industry is expected to jump...

High Street – The New Kid on The Shopping Block

The COVID-19 pandemic has altered the shopping behaviour of consumers globally. The gradual opening of the economy in Unlock 1.0 in June 2020 didn't immediately see shoppers flocking to markets and malls but eventually the pent up demand seen...

India should have done more to protect jobs in all sectors, including retail: McKinsey Partner

While speaking at an event organised by industry lobby grouping CII, Alok Kshirsagar, a senior partner with McKinsey & Company, said India should have done more to protect employment in some way, shape or form during the COVID-19 pandemic. Analysts...

Reduce store timings in place of lockdown in Maharashtra: CAIT

Traders' body CAIT on Monday suggested Maharashtra Chief Minister Uddhav Thackeray to reduce shop timings from 11 am to 5 pm instead of imposing full lockdown to control surging coronavirus cases. The Confederation of All India Traders (CAIT) said that though steep increase in COVID-19 cases...

Maharashtra shuts malls, eateries till April 30, restaurateurs say body blow to industry

Malls in Maharashtra will remain closed throughout the day under the latest restrictions imposed by the Maharashtra government. Essential services include hospitals, diagnostic centers, clinics, medical insurance offices, pharmacies, pharmaceutical companies, other medical and health services. Also included are groceries,...

Need coordinated efforts over ad hoc localised retail restrictions as second wave of COVID begins: RAI

The Indian retail industry had faced many hurdles last year due to the pandemic-led lockdowns and localized restrictions. As the number of COVID-19 cases surge and the pandemic takes a new turn with the second wave in the country,...

India has bounced back amazingly from the COVID-19: World Bank Report

India's economy has bounced back amazingly from the COVID-19 pandemic and nationwide lockdown over the last one year, but it is not out of the woods yet, according to the World Bank, which in its latest report has predicted that the...
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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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