COVID-19
Retail
Customer Experience: Pulse of every business in COVID world
COVID-19 has already impacted the global economy manifold. We have also observed a shift of consumers to online channels, trying out new brands, looking for a sense of community. As the virus started to circulate, the shift in customer...
Food
Grocery retail saw 4X surge in influencer conversations on Twitter over last 90 days, finds GlobalData
Retailers are seeing a surge in grocery shopping as consumers stock up on food and other essentials because of the COVID-19 outbreak. A similar trend is observed on GlobalData’s Grocery Retail Influencer Platform, where grocery retail related conversations spiked...
Food
Flipkart preparing to start hyperlocal delivery services
Walmart-owned Flipkart will soon launch a new hyperlocal delivery service that will enable customers to receive items from nearby stores, according to sources. Flipkart is looking to start testing the service in Bengaluru in the next few weeks, beginning...
Fashion
Post COVID technology trends & business opportunities in fashion retail
The COVID-19 pandemic has completely rehashed what we knew was retail. The pandemic has plunged the industry into a crisis of unprecedented proportions and completely changed the way businesses will be compelled to function from hereon. As lockdown restrictions...
Fashion
Ayesha Accessories projects 300- 400 pc increase in sales through e-commerce
Although shopping centres are finally reopening after a nationwide lockdown was announced on March 23, 2020, visiting malls is going to be a very different experience from now on keeping in mind new hygiene, sanitization, and social distancing norms....
Food
COVID-19 Aftermath: Snacks industry expects Rs 35,000 crore revenue loss in FY21
The country’s snacks and sweets industry would suffer an estimated revenue loss of Rs 35,000 crore in the current financial year due to the coronavirus pandemic, an industry official said on Monday.
According to a PTI report: Sweets and namkeen...
Retail
Myntra eyes 3 million shoppers, expects tier-II, III markets to contribute over 40 pc of EORS sales
Fashion e-tailer Myntra on Monday said it expects about 3 million people to shop on its platform during its End of Reason Sale (EORS), slated for later this month, and tier-II and tier-III markets to contribute over 40 percent...
Fashion
The Children’s Place to close 300 stores permanently
The Children’s Place, one of the largest pure-play children’s specialty apparel retailer in North America, announced financial results for the first quarter ended May 2, 2020.
Jane Elfers, President and Chief Executive Officer, said, “Although we are facing a period...
Fashion
ORRA reopens stores in a phased manner
ORRA, one of India’s leading house of finest bridal jewellery, announced the re-opening of its retail stores after receiving government approvals.
The brand has commenced operations in all its stores across the country in a phased manner beginning with Goa,...
Retail
Relaxations during lockdown didn't help retailers: Survey
IANS -
The staggered relaxations during the two-month-long nationwide lockdown did not have much of an impact on retail business and their businesses witnessed a severe contraction during the period, according to a survey by the Retailers Association of India (RAI).
In...
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Latest News
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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