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COVID-19 presents an opportunity for beauty retailers as salons remain closed: GlobalData

Sales opportunities for non-food retailers are scarce amid the COVID-19 pandemic as lockdowns are enforced and non-essential stores remain temporarily closed. However, with 59.8% of consumers globally using salons and spas for treatments*, the desire to replicate salon treatments...

COVID-19 UK lockdown shuts 382 million sq.ft. of retail space, impacting £14.5bn of sales, says GlobalData

The closure of non-essential retail in the UK, now extended for another three weeks, equates to 382 million square feet of physical space out of action. This space would have generated £14.5bn of sales over that period based on...

Amazon says prohibiting non-essential deliveries will disappoint consumers, small businesses, others

After the government barred delivery of non-essential items through e-commerce platforms, Amazon India on Sunday said the new guidelines will disappoint consumers whose list of essentials had expanded to ‘work from home’ and ‘study from home’ products, as well...

FMCG sales decline in last week of March, e-comm to play a larger role: Nielsen

Retailers have witnessed a sharp decline in the last week of March across all channels, after posting double digit growth in the first three weeks on account of the lockdown, said data analytics firm Nielsen in a report. This was...

QSR chains like Pizza Hut, Domino’s Pizza, others assure customers their products safe, amid COVID-19 scare

Quick Service Restaurant chains such as Pizza Hut, Domino’s Pizza, McDonald’s and Subway have assured customers of safety of their products amid the COVID-19 crisis, stating that they are taking precautions at stores as mandated by the authorities. According to...

CMAI requests aid from Central and State Government to pay wages to the employees

India’s economy is suffering one of the worst economic slowdowns in its history, in line with the global destruction caused by the Covid-19 pandemic. As a result, the companies/factories coming under Ministry of Micro, Small and Medium Enterprises (MSEMs)...

COVID-19: Consumers shift to packaged food

The extended lockdown is bringing a huge change in the human consumption habits in the country. It is said that it takes 21 days of daily practice for an activity to become a habit. It is believed that most...

Amazon India takes preventive measures for safe delivery of packages

Allaying safety concerns of customers regarding delivery of packages, Amazon India on Friday said it has taken a slew of 'preventive hygiene measures' across its sites to help keep associates, delivery partners and customers safe. "In these unprecedented times, Amazon...

Fashion retailer Harpenne finished off by COVID-19 before it had a chance to get going

The clothing brand Harpenne, owned by River Island, has permanently closed less than a year after launching. Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this news saying:“Still in its infancy and...

Retailers seek wage support subsidy to retain workforce

The retailer associations have urged the government to announce a wage support subsidy that will help them save millions of jobs in the retail space reeling under COVID-19 stress. While lauding all government efforts while dealing with the pandemic, the...
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Ex-Zomato executive-owned F&B company Ninecamp Ventures raises Rs 16 cr seed funding

The proceeds will be allocated to enhancing the brand portfolio, acquiring prime real estate, recruiting talent, and investing in...
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