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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,...

‘Food retailers to earn 56 pc this year as compared to last year’s revenues’

In a report released recently by the Retailers Association of India (RAI), the industry body said that India has over...

‘Allow home delivery by all retailers, not just e-commerce players’

The Retailers Association of India (RAI) on Thursday urged government to ‘strongly consider’ allowing all forms of retailers, not just...

LoveLocal launches free online shops for local retailers in essential items category

In the wake of lockdown extension, LoveLocal (erstwhile m.Paani) has announced to offer its services for free to local grocery,...

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...

Anticipated lockdown extension, adequate stock in place, say retailers

Retailers on Tuesday assured there is enough inventory to meet the demand during the extended lockdown period, stating they had...

Food prices decelerate India's March retail inflation to 5.91 pc

Drop in food prices decelerated the rise in India's retail inflation during March to 5.91 percent from February's 6.58 percent. However,...

COVID-19: How fashion retailers can respond to the lockdown

The COVID-19 crisis is proving to be a test for businesses with the government announcing a complete nationwide lockdown. While...

Flipkart joins Spencers Retail for doorstep delivery in Hyderabad

E-tailer Flipkart on Thursday announced a pilot with retail chain store Spencers to introduce hyperlocal deliveries of groceries and essentials,...

Apparel retailers likely to offer huge discounts after lifting of lockdown

Apparel retailers are expected to offer large-scale discounts to clear old stocks and also perk up consumer sentiments once the...

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HUL gets Rs 963 cr Income Tax demand notice

The notice relates to the non-deduction of TDS on payment of Rs 3,045 crore to GlaxoSmithKline Consumer Healthcare New Delhi:...