COVID-19
Big Grid
Inorbit Malls expands offering with the launch of 23 new stores post lockdown
Inorbit Malls (India) Private Limited, a subsidiary of the K. Raheja Corp, is a pioneer of the mall culture in India. Inorbit Mall Malad is completing 17 years in January 2021, a major achievement for the brand, which has...
Retail
10,000+ firms voluntarily shut shop during pandemic: Govt
The COVID-19 pandemic and subsequent lockdown in India and globally was devastating to economic activity in India with over 10,000 companies shutting down voluntarily in the country from April 2020 till February 2021, as per a report by news...
Big Grid
20 brands open stores in four months in Omaxe World Street
Twenty brands have opened their stores in Omaxe World Street, Sector 79, Faridabad in the last four months ending February 2021, despite the COVID-19 pandemic. The total area of these shops is approximately around 31,488 sq ft.
The themed high...
Big Grid
CEO Special: Better conversion rate, 30% revenue increase for Gempundit in 2020
It has been a tough one year for the Retail Sector. The onset of COVID-19 and the shutting down of stores and malls indefinitely was a challenge no one had predicted. Millions of retail employees lost their jobs. Retailers were left...
Fashion
The evolving role of gold jewellery: Recent trends & what the future holds
The love for jewellery, especially gold is not a new thing for the Indian consumer. The fascination for gold is centuries old and with time it has been an integrated part of the retail and Indian economy. It is...
Big Grid
PVR eyes 1,000 more screens by the end of 2023
Multiplex major PVR plans to invest Rs 150 crore to open up to 40 screens across the country in the next fiscal. The company's target of having 1,000 operational screens has been pushed by a year due to the outbreak of the COVID-19 pandemic to...
International News
China’s increasing domestic demand ramped up retail industry growth: GlobalData
China continues to report year-on-year surge in retail sales as the country’s economy rebounds due to rising domestic demand, according to GlobalData, a leading data and analytics company.Ankita Roy, Retail Analyst at GlobalData, says: “China’s relative success in containing...
Big Grid
Retail sees pronounced hiring, active job index in 2021 surpasses pre-COVID levels: GlobalData
Global hiring activity witnessed a momentous 2020 with significant changes throughout the year. The pharma and retail sectors saw pronounced hiring, and the active job index for these industries surpassed pre-COVID-19 levels in 2021 – notably with a dip...
Big Grid
As footfalls improve, Shoppers Stop plans to open 12-15 stores in the next 9 months
Despite a COVID-led slump year, K Raheja Corp-owned Shoppers Stop will continue with its expansion plans. The department store chain has already added 5 stores up to now in the current financial year and plans to add 12-15 more...
Food
Food hygiene has become foremost priority post COVID
One of the most desirable consequences of COVID-19 has been the increased all-round consciousness for hygiene. And among several types of hygiene such as personal hygiene, environmental hygiene etc., which impact our day-to-day lives, food hygiene has naturally emerged...
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Latest News
Ambani unveils growth roadmap for Reliance, co to double in size by 2030
The company is aiming to double revenues and pre-tax profit in 3-4 years with its new energy business becoming...
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