COVID-19
Retail
Online shopper spends less than nine minutes per visit
IANS -
An online shopper spends less than nine minutes per visit on an e-retail platform and browses more than 20 product pages before making a purchase.
Over the past year, consumer engagement with online platforms has increased, according to a report...
Retail
Building passion within organisations
India’s retail sector employs over 46 million of her citizens. A vast majority of them come from middle-income and lower-income salaried classes from across India’s urban, peri-urban and rural heartlands. Their livelihoods and futures are in immediate peril as...
Food
McDonald's resumes dine-in facility in 50 outlets of north, east regions
Quick service restaurant chain McDonald's on Thursday said it has resumed dine-in facility in 50 outlets so far in the north and east regions.
The company has made nearly 50 plus process changes to ensure safety and well-being of customers...
Food
Regional supermarket numero uno Ratnadeep to cross 100 stores this year and 200 over the next 3 years
Ratnadeep Retail Pvt. Ltd embarked on its food and grocery supermarket journey 33 years ago – in 1987 – when it opened its first store in the city of Hyderabad. With a storied legacy to fall back on, and...
Fashion
Zara to shut down 1,200 stores globally
Inditex, the owner of Zara will close as many as 1,200 stores - 16 percent of its global outlets- around the world as the clothing retailer tries to boost online sales during the chaos wrought by the COVID-19 pandemic.
Inditex...
International News
Likes and followers set to be more valuable as retailers rely on social media post-COVID-19, says GlobalData
43.7 percent of consumers globally stated that they are spending more time on social media due to the coronavirus outbreak. Brands need to capitalise on this increased social media activity to promote purchasing and build shopper loyalty in a...
Fashion
Arvind announces launch of revolutionary anti-viral fabrics under its “Intellifabrix” brand
Arvind Limited, India’s leading textile-to-retail conglomerate announced launch of Anti-Viral Textile technology for the First time in India under its brand 'Intellifabrix'. Arvind has partnered with Swiss textile innovation leader HeiQ Materials AG in association with Taiwanese Specialty chemical...
Retail
The Global Economy and COVID-19: The Great Lockdown
Despite lower mortality rates than other recent epidemics, the impact of COVID-19 on the global economy and consumer markets has the potential to be significant for many reasons:
- Geographic spread
- Contagiousness
- Weak global economy
- The impact on China Known
Learnings...
In Conversation
Viviana Mall uses social media to instill sense of confidence in customers
In an exclusive interaction with Shopping Centre News Bureau, Manoj K. Agarwal, Chief Executive Officer, Viviana Mall spoke about shopping centres in COVID-19 times, while elaborating on the measures taken by Viviana mall to make it customer-safe post the...
Food
Starbucks takes US$ 3 billion hit to revenue during pandemic
Starbucks expects to lose more than US$ 3 billion in revenue in its fiscal third quarter due to the new coronavirus, but said the disruption to its business should subside through the rest of the year.
"The Starbucks brand is...
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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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