COVID-19
Food
Ratnadeep eyes Rs 800 crore y-o-y turnover by FY2020 end ~ Team Ratnadeep
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...
Big Grid
CEO Special: Soch to add categories, tweak merchandise mix, while keeping an eye on consumer demands in 2021 – Vinay Chatlani
The pandemic has been a once-in-a-lifetime test of business continuity planning for retail businesses across the globe. Even when things have stabilised to an extent and economies are gradually opening up, the industry is being confronted by a hard...
Big Grid
5 key factors to win in the Indian Luxury Market in 2021 & beyond
India is one of the fastest developing economies across the globe. As per the latest report by IMF, India is the only major economy of the world predicted to have a double-digit growth in 2021. Further, CEBR forecasts India...
Big Grid
Zomato to bolster finances to remain competitive in online food delivery market: GlobalData
Following the news that Indian food delivery startup Zomato has raised US$250m in a fresh funding round; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view:"After the latest funding round, Zomato has emerged...
Big Grid
Marico sets revenue target of Rs 500 cr from immunity and healthy foods
FMCG company Marico expects to deliver "mid-teen growth" in volume terms in the next couple of quarters helped by "strong revival" in consumer demand as well as sentiments, and to continue "good growth" from the rural markets, said a top company official....
Big Grid
CEO Special: Hidesign to focus on high street presence, larger experiential stores – Dilip Kapur
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...
Retail
PVR expects revenue to exceed pre-COVID levels in FY22
Film production and distribution firm PVR Pictures expects its revenue to return to pre-COVID levels in FY22 backed by a strong pipeline of films, scheduled to be released after March, said a top company official. The company has a strong...
Big Grid
CEO Special: ‘Bikano sales shot up in lockdown – Manish Aggarwal, Director, Bikanervala
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...
Big Grid
Digital savvy companies stay relevant to customers in post-pandemic era: GlobalData
Prior to the COVID-19 pandemic, a paradigm shift towards digitization was already underway across the sectors. However, the pandemic has further accelerated the transformation, which is evident by the marked growth in spending towards digitization by businesses. Against this...
Big Grid
COVID-hit products, categories will rebound in 2021: HUL
FMCG major Hindustan Unilever expects its "COVID impacted" product categories, such as ice-cream and vending solutions, to rebound strongly in 2021 with increase in mobility. In an investor presentation, the company also said categories such as skin care and colour cosmetics, which slowed...
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KiranaPro raises capital in seed funding round
The capital will be used to scale up KiranaPro's operational teams, strengthen its ONDC-enabled technology infrastructure, and launch its...
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