COVID-19

More than two million customers visited IKEA`s first India store here during the financial year 2019-20 (September to August), said the Swedish home furnishing multinational on Wednesday. The Group counts a financial year from September 1 to August 31. The...

Swedish apparel retailer H&M on Wednesday launched its global loyalty program, H&M Member, in India expecting it to play a significant role in the company's growth considering the transformation in consumer behaviour in the wake of COVID-19 pandemic. According to...

The Coronavirus outbreak has adversely impacted the credit profile of the Indian retail industry as consumers deferred their discretionary spends, amid the shutdown of malls across the country as well as closure of non-essential stores across most states in...

FMCG firm Godrej Consumer Products Ltd (GCPL) expects to deliver close to low double-digit sales growth in India in July-September quarter of the current fiscal, the company said in a quarterly update. According to a PTI report: GCPL said during...

As Indians look for seamless, safe and personalised online shopping experiences in the social distancing times, online fashion site Koovs.com has topped the digital retailer rankings for customer experience this year, beating out Flipkart, Myntra, Amazon and Snapdeal, a...

Retailers Association of India (RAI) on Tuesday said retail industry veteran Bijou Kurien has been appointed as its Chairman. The Board of Directors of RAI at its meeting held on September 30, 2020, also appointed Kulin Lalbhai, Executive Director, Arvind...

The near-term growth of the COVID-19-battered logistics sector is expected to be driven by specific segments like e-commerce, ratings agency ICRA said on Monday. Citing how trends in online purchases and deliveries have picked up substantially post the lockdown, it...

Despite the exponential growth of e-commerce and digital retail stores, India’s retail sector is still mostly unorganized, particularly in non-metropolitan areas. During the government-imposed lockdown due to COVID-19 pandemic, organized retailers of non-essential goods registered steep losses. However, technology...

Walmart Inc., Asda Group Limited, the Issa brothers and TDR Capital announced that the Issa brothers, Founders and Co-CEOs of EG Group, a global convenience and forecourts retailer, headquartered in Blackburn, UK, and investment funds managed by TDR Capital...

The novel Coronavirus has dramatically changed things overnight. The pandemic has presented a paradigm shift in consumer behaviour, whether it is with regards to the daily lifestyle or spending on luxurious goods. COVID-19 has slashed revenues to half for...