COVID-19
Retail
Future Retail logs Q2 consolidated net loss of Rs 692 crore
IANS -
Future Retail reported a consolidated net loss of Rs 692.36 crore for the July-September period.
During the same period last fiscal, the company had reported a consolidated net profit of Rs 165.08 crore.
Its revenue from operations during the period under...
Retail
Seasonal bottlenecks: October retail inflation expected to remain elevated
IANS -
Seasonal factors, along with COVID-19 induced supply-side constraints and growing demand on account of the festive season, are expected to keep India's retail price inflation at an elevated level, consequently, eroding chances of a RBI lending rate cut.
Leading economists...
Food
Retailers need to adjust to new consumer behaviour shaped by COVID-19
A survey released by Emerson’s Commercial & Residential Solutions business shows that consumers have dramatically altered their shopping habits in response to COVID-19, putting pressure on retailers to adapt to changing consumption patterns. More than 8 out of 10...
In Conversation
'Retailers must prepare for transformation post-COVID'
Till last year, retail was an industry that was steadily growing and progressing. However, the pandemic brought a major paradox in the consumer sentiments affecting the industry in an unprecedented way.
The retail industry in Q1 and Q2 2020 witnessed...
Fashion & Lifestyle
Retailers approach festive season with innovative concepts, new products to bring consumers back in stores
India – and the world – has been forced to deal with the ramifications of COVID-19, health consequences, economic crisis, job loss, struggle for a livelihood for many. Every sector has been affected by the pandemic one way or...
Shopping Centres
Battling Pandemic: Private screening, content innovation to usher in audiences, says Inox
IANS -
Multiplex major Inox plans to augment occupancy levels via unique propositions such as 'content innovation' and more recently 'private screening services' to usher in audiences.
Lately, lack of fresh movie content has hampered occupancy rates to reach pre-COVID levels.
The pandemic...
Retail
'Consumers adapted to post-COVID reality quickly in retail through digital, omnichannel'
Consumers have quickly responded to the changed circumstances post the COVID-19 outbreak by opting for e-commerce and omnichannel services, industry leaders said on Friday.
According to a PTI report: There has been a shift in consumer behaviour in favour of...
Research
Disney’s recent hiring trend shows shift to retail and media DTC, says GlobalData
The Walt Disney Company’s recent hiring trend shows a shift to Dinsey+, its video-on-demand streaming services and retail Disney Stores to offset the impact of COVID-19 on its theme park business. Hiring remains strong in the media networks and...
Research
71 pc of Indians expect firms to fast-track digital initiatives: Report
IANS -
About 71 percent of Indians expect companies to accelerate digital initiatives, said a new report on Wednesday which showed the many ways customer engagement is changing amid crises.
The Indian customers estimate 60 percent of their interactions with businesses take...
Food
Thums Up for Coke India as brand inches towards pre-COVID offtake levels
IANS -
Beverages major Coca-Cola India continues to see improvement in operations along with offtake on the back of accelerated demand for its leading offering Thums Up.
Accordingly, not only the Indian subsidiary's leadership, but also the global one has recognised the...
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Latest News
Indian consumers prefer ‘offers’ faster online than offline: Report
The research reveals that online buyers are more price sensitive and avail more offers compared to offline buyersBengaluru: As...
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