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COVID-19

Road to Recovery: South City Mall records 18,000+ weekend footfalls; food, fashion big draws

Everyone is adjusting to the new normal. Post the unlock phase, people have started visiting places which are open, and they feel safe in. To reassure their trust in South City Mall, the shopping centre equipped itself to create...

Digital customer experience for future-fit fashion retail

The India Fashion Forum’s virtual roundtable, ‘Digital Customer Experience For Future-Fit Fashion Retail’ powered by Istituto Marangoni highlighted the role of technology in transforming consumer experience and reshaping value-premium fashion retail for the new normal. Topics of discussion ranged from...

In-city warehousing demand may rise as e-commerce firms target same-day delivery

The demand for small warehouses within city limits is expected to rise over the next one year as e-commerce firms are targeting to ensure same-day deliveries of food and groceries items to customers, according to a report. The demand is...

Bata India Q1 results: Net loss at Rs 101 cr as sales hit by lockdown

Shoemaker Bata India Ltd on Friday reported a consolidated net loss of Rs 100.88 crore for the first quarter ended June 2020 as sales were hit by the coronavirus-related lockdowns. According to a PTI report: The company had posted a...

The New Mantra: Future of SMEs post-COVID-19

While the novel Coronavirus has wreaked havoc upon the organised world, it has also ushered an opportunity for the new tides of transformation to emerge. This evidently bleak situation where businesses and institutions have suffered substantial losses on account...

Hit by COVID, Bata says no layoffs so far but surging cases in some states cause for concern

Bata India Chairman Ashwani Windlass on Thursday said it has not laid off any employee so far, but admitted that there is not much clarity on “where the footwear major is heading” amid the raging COVID-19 pandemic. According to a...

RBI move to allow loan restructuring to support retail industry: RAI

The Retailers Association of India (RAI) on Thursday said the Reserve Bank of India's (RBI) move to permit a one-time restructuring of loans amid the ongoing COVID-19 crisis will support the retail industry that has witnessed significant disruption over...

Shopping centres in Mumbai resume operations; witness 15-20 pc footfall

Even as torrential rains lashed the city, the malls in Mumbai witnessed 15-20 percent footfall on Wednesday, on opening after a gap of over four months. The malls were mostly visited by individuals who were middle age and young,...

FMCG stocks on a roll as household binge during lockdown drives valuations

Stocks of fast-moving consumer goods (FMCG) companies are on a roll since the lockdown in March as increased consumption at home and lesser disruption in demand compared to other sectors have boosted valuations. The FMCG Index grew 32 percent from...

‘Grocery, electronic & testing labs new hotspots in shopping centres’

The impact of COVID-19 and the ensuing lockdown on both the shopping centre and the retail industry has been extremely serious and challenging. In the last four months, not only India, but the entire world has been affected by...
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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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