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COVID-19

Marriott to expand, continue food delivery biz even after COVID-19

Leading hotel chain Marriott International, which has seen its business plunge over 90 per cent across its 123 properties since the lockdown, will expand and continue its delivery and take-away business even after the pandemic-induced lockdown and social distancing...

Godrej Appliances sales reach pre-COVID level, expect full capacity utilisation by September

Godrej Appliances has almost reached its pre-COVID sales level this month, and it expects to attain full manufacturing capacity utilisation by end of September this year, said a top company official. According to a PTI report: The company is expecting...

‘Lockdown would have cascading effect on apparel industry’

Traders' body the Apparel and Handloom Exporters' Association representing around 400 micro, small and medium enterprises in the state on Sunday said the ongoing lockdown has caused a cascading effect on the deliveries of goods committed till September. According to...

The New Normal Consumer in Retail: Adaptation to change

The COVID-19 crisis has made shopping centre developers and retailers re-think the norms of business, which are more driven by safety rules rather than the freedom to do business. This has now become the new normal of business. While everyone...

Diageo India launches ‘Raising The Bar’, a Rs 75 crore revival and recovery programme to support bars, pubs and restaurants serving alcohol

Diageo India announced ‘Raising the Bar’, a Rs 75 crore programme committed to support bars, pubs and restaurants serving alcohol to welcome customers back and recover following the COVID-19 pandemic. ‘Raising the Bar’ will be a two year programme...

COVID-19 boosts customer appetite for online grocery shopping in APAC countries, says GlobalData

The need to maintain social distance and stay at home due to the COVID-19 pandemic is increasingly forcing consumers across the Asia-Pacific (APAC) region to shift their shopping habits online. Therefore, contactless deliveries are ideal during lockdown measures, forcing...

As APAC luxury markets sink by US$ 2.1 bn, brands turn to affordable luxury, says GlobalData

Luxury has been one of the most affected industries in the retail sector due to the COVID-19 pandemic. The crisis led to the closure of several luxury stores across the Asia-Pacific (APAC) region, bringing their revenue stream to a...

Momentum in online, app-based sales to stay for retailers

Many large brick-and-mortar retail chains that switched to online during the lockdown have reported spike in sales from digital channels, and expect the momentum to continue as consumers prefer to order digitally despite restrictions are being eased. According to a...

Shopping malls in Gurugram to reopen from July 1, Faridabad to decide on Monday

The Haryana government has allowed shopping malls in Gurugram and Faridabad to reopen from July 1, more than two months after they were shut to combat the novel coronavirus outbreak. According to a PTI report: The Gurugram district administration said...

ITC logs 9.3 pc rise in Q4 consolidated net profit

FMCG-to-hospitality major ITC on Friday reported a 9.28 percent growth in its consolidated net profit for the January-March quarter at Rs 3,926.46 crore. During the same quarter of the previous fiscal, FY 2018-19, the company had reported a net profit...
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CCD cafe count falls to 450 in FY24, number of operational vending machines rises

The number of Value Express kiosks also declined marginally to 265, according to the latest annual report of Coffee...
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