COVID-19

Foodtech unicorn Zomato expects its net loss in July to be under US$ 1 million even as COVID-19 has set it back by about a year in terms of the size of the business, the company said in its...

The COVID-19 triggered restrictions on cinema exhibition industry has not only disheartened movie goers, but axed several thousand jobs and costed the industry an estimated Rs 5,000 crore in revenue. The sector has been one of the hardest hit due...

Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday said it has recovered 80 per cent of its business in the stores, wherever it has been allowed to operate unhindered. However, discretionary consumption continues to be...

Footwear firm Liberty Shoes is expecting up to 45 percent decline in its revenues in the current fiscal due to COVID-19. Amid coronavirus pandemic, footfall at stores has dropped significantly as customers are avoiding public places and encouraging social...

Future Consumer Ltd on Friday reported a consolidated net loss of Rs 175.46 crore for the quarter ended March 2020. The company had reported a net profit of Rs 7.53 crore in the January-March period of the preceding fiscal,...

Restaurants across Delhi may have reopened their doors a month ago after being allowed to resume their business post the COVID-19 lockdown, but are still grappling with decreased sales, staff shortages and few dine-in customers. Due to the COVID-19...

The coronavirus pandemic has transformed consumer behaviour in the F&B sector. It's no news that India's restaurant industry is facing the hardest hit in the crisis and even though the lockdown helped reduce the spread of the virus, it has...

Tata group retail firm Trent Ltd is looking to pursue "accelerated expansion" in the future once its existing stores are back in business after being impacted by the coronavirus pandemic, according to the company's annual report. According to a PTI...

Arvind Fashions Ltd (AFL) on Thursday said 75 percent of its stores are operational now after the easing of lockdown relaxations, though footfalls and revenue remain well below pre-COVID levels. According to a PTI report: Sharing an update on the...

Brooks Brothers, one of America’s oldest apparel company, announced that it has commenced Chapter 11 cases in the United States Bankruptcy Court for the District of Delaware to facilitate a value-maximizing sale process. A transaction would ensure that the...