COVID-19
International News
8 big box brands that are seeking bankruptcy protection amid COVID crisis
Economies all over the world are suffering due to the Novel Coronavirus pandemic, and the global retail industry – which has been in a state of flux for the last few years – has been especially hard hit. The...
Fashion
Simon Property sues Gap over unpaid rent
Simon Property Group is suing Gap as the fashion retailer failed to pay more than US$ 65.9 million in rent and other charges due during the coronavirus pandemic.
In late April, Gap stopped paying rent on its temporarily shuttered stores,...
Retail
Sharp spike expected in e-commerce sales due to COVID-19: Survey
With COVID-19 forcing people to stay indoors and exercise social distancing, considerable changes have been seen in shopping trends of the Indian consumers. As the pandemic’s threat is looming large, more and more people are taking to the Internet...
Fashion
Victoria's Secret's UK business falls into adminstration
The UK arm of Victoria's Secret went into administration on Friday, putting more than 800 jobs at risk.
Stuart Burgdoerfer, CEO, Victoria's Secret's said in a statement that the company had appointed Deloitte to work with Victoria’s Secret UK in...
Food
Shopping centres, restaurants to open in Delhi from Monday
Delhi Chief Minister Arvind Kejriwal has announced that malls, and restaurants in the national capital would open from Monday after more than two months since the coronavirus-induced lockdown was imposed, but banquet halls and hotels would remain closed.
According to...
Retail Hub
Shopping centres ready for re-opening on Monday; focus on contactless shopping, physical distancing
As malls and shopping centres in the national capital re-open on Monday after more than two months, they will be focusing on hourly disinfection of the common areas, contact-less shopping and physical distancing to prevent the spread of the...
International News
‘Rise in e-commerce and contactless payments will support card payments growth in New Zealand’
Card payments in New Zealand will continue to rise at the expense of cash amid COVID-19 outbreak, though at a slower pace, says GlobalData, a leading data and analytics company.
GlobalData’s revised-forecasts for New Zealand predict that card payments will...
Fashion
COVID-19 lockdown opens new markets for luxury industry
The COVID-19 pandemic has dramatically changed the retail industry almost overnight. As per recent reports by Bain & Co., and McKinsey, major luxury companies have swivelled focus to address urgent public health needs. Factories that were producing scarfs and...
Retail Hub
Masks, Social Distancing and No Large Gatherings: SOPs for shopping centres
IANS -
With malls being allowed to open from next week, the Union Health and Family Welfare Ministry on Thursday issued the SOP on preventive measures there to contain spread of COVID-19, saying only asymptomatic customers will be allowed with masks...
Food
Social distancing, contactless procedures must in re-opening hotels and restaurants: SOPs
IANS -
Hotels and other hospitality units in non-containment zones, allowed to reopen from next week, have been directed to maintain social distancing, hygiene, and procedures to minimise physical contact between staff and guests, among others, as per the standard operating...
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Latest News
McDonald’s partners with Central Food Technological Research Institute (CFTRI) for developing nutritional products
The first product under the long-term partnership is multi-millet-based buns, which was launched today
Mumbai: McDonald’s (South and West) has launched...
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