coronavirus

FMCG majors ITC and Dabur welcomed the third tranche of economic stimulus package worth Rs 1.63 lakh crore announced by the government for farm and allied sectors, saying it would empower farmers, strengthen agri-food processing linkages and enable demand-driven...

E-commerce is playing a critical role in the fight against COVID-19, with online retailers experiencing a flood of orders from customers confined to their homes, says GlobalData, a leading data and analytics company. GlobalData’s recent report, COVID-19 Impact on E-commerce,...

Amid the COVID-19 lockdown, fashion businesses are searching for ways to continue to carry out regular business. With central and state governments expected to impose strict regulations on non-essential retail when allowing them to reopen to limit the spread...

Not so long-ago various analysts and industry experts were of the opinion that the Indian retail industry would grow to US$ 1400 billion by FY24. The e-commerce market too was estimated to grow to US$ 98 billion in FY24....

Online restaurant guide and food ordering platform Zomato on Friday said it is going to layoff around 13 per cent of its workforce on account of the impact of COVID-19 pandemic. The company has around 4,000 employees in different roles. In...

Apparel is set to be the hardest hit retail sector by the COVID-19 pandemic with the global apparel market forecast to decline 15.2 percent this year (equivalent to $297bn), says GlobalData, a leading data and analytics company. Honor Strachan, Principal...

As retailers begin to open UK stores from the beginning of June (at the earliest), they can expect to see a shift in footfall with consumers more willing to visit town centres as opposed to other shopping destinations, says...

J. C. Penney Company, Inc announced that it has received approvals from the U.S. Bankruptcy Court for the Southern District of Texas, in Corpus Christi, TX for the ‘First Day’ motions related to the company’s voluntary Chapter 11 petitions...

Health screenings, limiting density, and ensuring strict adherence to social distancing are some of the measures that Apple said it has taken in its global supply chain to address COVID-19's challenges, and to ensure people are able to return...

A range of ‘new essentials’ is now becoming an integral part of online buyers’ shopping lists in India. Every third shopper on Snapdeal is buying products relating to safety and immunity. These include masks, sanitizers, traditional immunity boosters like...