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Green shoots of recovery visible in retail business, but yet to reach last year's levels: RAI

Consumer durables and electronics category recorded positive sales growth in October as compared to last year as retailers overall continued to witness a steady month-on-month recovery, although business is yet to reach last year's levels, according to a survey...

All shops can reopen in Hyderabad from May 28

The Telangana government has allowed all shops in Hyderabad to reopen from Thursday. However, the ban on re-opening of malls will continue. Following the relaxation in lockdown norms on May 19, shops in Hyderabad were allowed to re-open on an...

A Leader’s Perspective: Defending retail against coronavirus

The COVID-19 pandemic that continues to sweep the globe has overwhelmed health services and has taken a catastrophic physical and emotional toll on communities across every continent. With countries locked down and the closure of mass industry, the impact...

Reopening India: Implications for economic activity and workers

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...

70 pc Indian retailers anticipate business recovery in 6 months

An unprecedented 70 percent of retailers in the country anticipate that their business will recover in more than six months, while 20 percent expect it to take more than a year, a survey conducted by industry body Retailers Association...

42 pc Indians have increased use of digital payments in lockdown: Report

The nationwide lockdown has benefited digital payment platforms as 42 percent Indians have increased the use of digital means for payments in the last three weeks, a report said. As per a PTI report, buying essentials and mobile recharges...

European retail sales industry set to lose US$ 4bn over coronavirus outbreak

Thousands of stores, supermarkets and shopping malls have closed since March and millions of people have been forced to stay-at-home amid coronavirus lockdown. This has led the European retail sales industry to suffer its biggest fall in years. Some...

COVID-19: Retail sales recovery period for India might kick-start from May, says report

The short-term impact of the coronavirus pandemic on retailers in the country will be severe, but retail sales recovery period for India is expected to kick-start from the first week of May subject to the lockdown not being extended...

India’s retail industry sees a rise of 30.4 pc in deal activity in Q3 2019

India’s retail industry saw a rise of 30.4 pc in overall deal activity during Q3 2019, when compared with the last four-quarter average, according to GlobalData’s deals database. A total of 30 deals worth US$746.38 million were announced in Q3...

The new paradigm of Indian retail

With a significant number of malls in the country reporting low occupancy rates & the advent of alternative forms of retail, retailers are opting to house themselves only in the better performing malls, especially Grade A/ prominent malls. Things...
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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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