COVID-19

Raymond Ltd on Monday reported widening of its consolidated net loss to Rs 247.60 crore in the first quarter ended June 2020, impacted by COVID-19 and subsequent lockdowns. The company had a net loss of Rs 12.20 crore during the...

The COVID-19 induced supply-side constraints are expected to keep India's retail price inflation at an elevated level, consequently, eroding chances of a RBI lending rate cut. Accordingly, leading economists, pegged the range of consumer price inflation numbers for August at...

Hair and beauty salon chain Enrich has put on hold its store expansion plan for the year due to the coronavirus pandemic, and expects to close the ongoing fiscal with around 22-25 percent fall in revenue, according to a...

The COVID-19 pandemic is reshaping the global business environment and the crisis is estimated to hit the world economy beyond any analyst’s imagination. UN anticipates that the crisis will result in a $1 trillion hit to the global economy...

Walmart-owned Flipkart on Wednesday said it has onboarded more than 50,000 kirana shops to strengthen its supply chain and delivery capabilities ahead of the upcoming festive season. In preparation for the festive season and the 'Big Billion Days' sale, Flipkart...

Co-Founder and CEO Kazem Samandari, a Ph.D. in Industrial Economy, MS in Electrical Engineering and a Business Degree from the Swiss Federal Institute of Technology in Zurich, Switzerland has four decades of varied experience and since 2008, he has...

Change was happening at a rapid pace throughout the retail world prior to the COVID-19 outbreak. But when the virus happened, food retailers gained a new perspective on what an accelerating pace of change really looks like. Health officials...

As the Unlock#4 gathers pace, sales at leading department store Central and off-price retailer, Brand Factory are growing at a faster pace every month, month-on-month. Future Lifestyle Fashion Limited, that operates the Central, Brand Factory networks and markets some...

In what felt like an overnight shift, the way that small businesses traditionally interacted with their customers stopped, changed or morphed. Among those most vulnerable are the smaller retailers without an online presence that depend on their customers to...

As the coronavirus pandemic and the eventual lockdowns have brought the multiplex industry to a grinding halt, PVR has deferred a significant portion of its capital expenditure (capex) plans and it will reassess them once the shutdown is over...