COVID-19

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...

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,...

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...

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...

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...

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...

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...

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...

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...

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...