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Retailers Association of India welcomes govt's directive on localised restrictions

The Retailers Association of India on Monday said the Centre's directive to states and union territories not to impose lockdown outside containment zones without approval, comes as a silver lining to the Indian retail industry that has been battling...

IMAGES Group Survey: Over 72 pc retailers turn to technology, e-commerce to increase revenue

Ever since COVID-19 broke out in India, IMAGES Retail has been bringing out analysis, reports, webinars discussing impact, challenges, recommendations and opinions from the retail industry experts and stalwarts to fight the crisis. In a recent survey conducted by the...

Weekend restrictions hurting recovery of retail industry: RAI

The Retailers Association of India (RAI) on Tuesday said that weekend restrictions and lockdowns across several states are adding to the woes of retail businesses which have already been severely hit by the pandemic and the nationwide lockdown. In a...

RBI move to allow loan restructuring to support retail industry: RAI

The Retailers Association of India (RAI) on Thursday said the Reserve Bank of India's (RBI) move to permit a one-time restructuring of loans amid the ongoing COVID-19 crisis will support the retail industry that has witnessed significant disruption over...

Retailers expect 64 pc decline in business in July first-half

Retailers estimate 64 percent de-growth in their business in the first half of July 2020 as compared to the same period last year as Indian retail industry continues to face hurdles at state and local levels making recovery all...

Ad hoc local lockdowns hurting already stressed retailers: RAI

The Retailers Association of India (RAI) has said that ad hoc lockdowns by state governments are impacting the businesses of already-stressed retailers, along with hurting the economic revival of the country. In a statement, the body of the organised retail...

Layoffs, unemployment & furloughs as COVID-19 hits retail jobs

India went under lockdown on March 23, 2020, plunging its economy into darkness, the economic outlook very bleak owing to the COVID-19 virus. So far, over the last 3 months, the country has witnessed four phases of lockdown and...

Back to Business: Fashion retailers focus on shop by appointment, engaging consumers online

When cities went under lockdowns, it was the nonessential items businesses which were forced to temporarily shutter shop, the worst hit by the pandemic. The supply chain too suffered with the closure of retail units. One of the worst...

Malls report sizeable footfalls, ample business in the second week of Unlock 1.0

While the sentiments on Day 1 were greatly encouraging, the industry has had the time to study footfall patterns and purchase behaviours over several days, including on the first weekend since the lifting of restrictions. In a second, exciting...

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...
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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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