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COVID-19

Flipkart gross merchandise value exceeds pre-COVID-19 level: Walmart

The gross merchandise value (GMV) of Flipkart has exceeded the pre-COVID-19 levels, global retail major Walmart Inc, which owns a majority share of India’s leading e-commerce platform, said. Walmart’s overall revenue was up 5.6 percent to US$ 137.7 billion while...

Consumer sentiment improving, revival stronger among lower-income segments, small cities: BCG Report

Consumer sentiment has started to get a little better, even though the COVID-19 pandemic has continued to worsen, said a report by the Boston Consulting Group (BCG). ‘Cautious Living' is emerging as the new theme, where consumers beginning to feel...

65 pc consumers express positive buying sentiment around Diwali’20: TRA Whitepaper

TRA Research, one of India’s leading consumer insights, and brand analytics company, released a whitepaper titled ‘TRA’s Diwali 2020 Buying Propensity Report’ gauging the changing buying mindsets and sentiments for the upcoming Diwali in November 2020. 65 percent of all...

Women’s fashion retailer Madame to launch six new stores across India on-demand pick-up in Tier II

Women’s apparel retailer Madame announced the launch of six new stores seeing demand pick-up in the Tier II cities across India in spite of the COVID-19 pandemic. Of these six stores, one store will be located in the Crown Mall...

E-commerce emerges as mainstream payment in Thailand amid COVID-19 crisis, finds GlobalData

E-commerce has been on a sustained growth for the last few years in Thailand. While Thailand is among the few countries globally that has been successful in combating COVID-19, the lockdown measures such as restricting the opening of businesses...

Degrowth rates peak, lockdown relaxations ineffective for retail: Survey

No industry or individual has escaped unscathed from the lockdown, and retail lies at the very intersection. A recent survey by the Retailers Association of India (RAI) of more than 150 retailers – big and small, revealed that lockdown...

Secret to Success: Gourmet brand Nuts ‘N’ Spices records 18 pc growth in pandemic times

Nuts ‘n’ Spices was founded in June 1999 with its first store measuring 600 sq.ft. in Nungambakkam, Chennai. With over three generations of experience in the food and grocery business, the retailer currently operates a chain of 33 outlets.The...

Del Monte witnesses 2-fold jump in sales of sauces, pasta during lockdown

FieldFresh Foods, which sells Del Monte brand of premium packaged food and juices, has witnessed a sharp increase of 80-200 percent in sales of products like pasta, olive oil, sauces, as home cooking and baking activities went up during...

Wildcraft eager to take growth to periphery of India, play part in self-reliant country goal

Undeterred by the coronavirus pandemic, homegrown outdoor adventure products maker Wildcraft is pursuing its journey of next phase of growth with eyes firmly set on reaching to 'the periphery of the country and to the heart of where global...

Aditya Birla Fashion to seek shareholders' nod for higher borrowings

In the wake of the pandemic's impact on business operations and cash flows, Aditya Birla Fashion and Retail Ltd will seek shareholders approval for raising its borrowing limit up to Rs 4,500 crore in its upcoming Annual General Meeting...
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Zudio goes global, opens first international store in Dubai

The new store is located at Silicon Central Mall in UAENew Delhi: Tata Group-owned value retail fast fashion chain...
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