COVID-19

India's fast moving consumer goods (FMCG) sector is expected to witness flat growth in 2020 following severe and extended lockdowns, restrictions on manufacturing units, social distancing norms and store closures, according to data analytics firm Nielsen. Earlier, on April 30,...

As Delhi-NCR slowly unlocks itself in phases, Bharti Realty’s Worldmark Aerocity is leading the commercial sector in innovative dinning-in experience by setting forth examples through its avant-garde solutions to COVID-19 challenges. They are leading the way in hygienic practices...

Reliance Retail on Thursday reported a 47.42 percent decline in pre-tax profit at Rs 1,083 crore for the quarter ended June 2020, impacted by the coronavirus lockdown. The retail arm of Reliance Industries Ltd (RIL) had posted a pre-tax...

In an interesting development, results of a survey conducted by Viviana Mall across Thane and the MMR threw up some interesting revelations where patrons of the mall were subjected to a series of questions to ascertain their preferences and...

The outbreak of pandemic and the ensuing lockdown across the world have shaken the very foundation of the retail industry. Even post unlocking, brands are feeling the heat, mostly due to altered consumer behaviour. “Due to the rapid spread of...

The apparel segment continues to be the worst hit in retail due to COVID-19 as store closures and virus-wary consumers’ have severely dented the seasonal spending. Furthermore, the rising unemployment and threat of a global recession will exacerbate the...

The coronavirus pandemic has shifted focus of Indian consumers towards digital experience and they intend to use it to procure products, including discretionary purchases, going forward as the number of infections increase, says a study. As per Deloitte Global State...

Nestle India on Tuesday reported an 11.15 percent rise in its net profit for the quarter ended June on a year-on-year basis on the back of rise in sales and lower taxes. Its profit after tax for the April-June quarter...

FMCG firm Marico Ltd on Monday reported a 23.17 percent increase in its consolidated net profit to Rs 388 crore for the first quarter ended June 30, helped by increase in operating margins. The company had posted a net profit...

Maternity clothing wear startup MomSoon is expecting an over two-fold rise in sales this fiscal as it plans to expand retail footprints and online presence, its founder Neha Nahata has said. She, however, did not disclose revenue numbers but...