COVID-19

Even as the larger economy has taken a hit due to the ongoing pandemic and the resultant social containment measures, the apparel industry has been particularly scrambling to stay afloat. With overflowing inventories, canceled orders and sales hitting a...

The Shopping Centre industry all over the world is a catalyst of organised retail and a major contributor to the success of major drivers of the economy including Entertainment, Fashion, Cinema, F&B, Electronics, FMCG, and many more. The onset of...

Kirana stores have had many makeovers and growth variations in the last couple of years. With the sudden emergence of e-commerce solutions and multinational online retail players, who offer various easy pay and delivery options, the next-door grocery stores...

The Phoenix Mills Limited (PML), India’s largest retail-led mixed-use asset developer and operator, announced the reopening of its three flagship retail malls in Maharashtra as per the Unlock 3.0 guidelines of the Government of Maharashtra. PML will be welcoming customers...

In a major relaxation in the lockdown norms, the Brihanmumbai Municipal Corporation (BMC) on Monday said all shops in the city are allowed to remain open all days from August 5 irrespective of the odd-even rule. In a circular...

The 3rd survey conducted by CMAI amongst its members reflects the crisis the domestic garment is going through, with 74 percent of its respondents seeing a 90 percent drop in sales for the quarter ending June 2020. An additional...

Riding on surging online sales during the pandemic as people stayed home, Amazon reported solid second quarter results, registering a 40 percent increase in net sales to US$ 88.9 billion, compared with US$ 63.4 billion in the same period...

The government’s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday. According to a PTI report: The Multiplex Association Of India (MAI) said the industry was...

Beating the pandemic blues, Apple has posted US$ 59.7 billion in revenue for its fiscal 2020 third quarter ended June 27, an increase of 11 percent from the year-ago quarter, as iPhone sales beat the Wall Street estimates. Apple's board...

E-commerce spends surpassed pre-COVID-19 levels after the lockdown across Delhi, Mumbai and Bengaluru as more individuals opted to shop online for their discretionary and non-discretionary spends, according to a report by credit card bill payment platform CRED. The report is...