COVID-19
Retail
64 pc Indian consumers to prefer online shopping in next 6-9 months: Report
IANS -
In view of the coronavirus pandemic and persistent concerns, the share of Indian consumers preferring online shopping over physical shops may rise to 64 per cent in the next 6-9 months, according to a survey by Capgemini Research Institute.
The...
Retail
Govt allows reopening of local shops, shopping centres to remain closed
The government on Friday allowed opening of shops as part of the easing of lockdown restrictions announced on April 15 with neighbourhood shops and others being allowed within the city and all shops except those in malls allowed outside...
International News
Abu Dhabi and Dubai prepare to reopen malls with new rules
Abu Dhabi and Dubai have announced preparations to reopen malls and shopping centers, issuing guidelines on Thursday for business owners and shoppers.
However, Dubai Economy has asked businesses to be on ‘standby’ for official announcements on the date of reopening...
Beauty & Wellness
Entrepreneurs in beauty & wellness sector on the impact of lockdown 2.0
The coronavirus pandemic has caused an economic tsunami in the world. While social distancing has proved disastrous for many businesses, it has been most unkind to one sector whose professionals make a living by touching people – the salon...
International News
CapitaLand Retail China Trust posts encouraging signs of recovery
In its 1Q 2020 business updates, CapitaLand Retail China Trust shared encouraging signs of recovery in its portfolio of China malls:
- Shopper Traffic in Mar’20 up 105 pc month-on-month
- Tenant sales in Mar’20 up 189 pc month-on-month
- Malls that...
Food
Pandemic Lockdown: Advantage for packaged food manufacturers
Pankaj Mahajan lives in Noida with his dietitian wife Rohini and two teenaged children Rahul and Rashmi. He has the habit of buying household groceries at the beginning of every month. Along with his two children and wife, he...
Food
'Local Shops on Amazon' launched to enable small retailers sell online
IANS -
E-commerce major Amazon has decided to go big in the neighbourhood commerce space with the launch of ‘Local Shops on Amazon', a programme to enable local and small shops and retailers sell their products online.
The announcement came a day...
Fashion
5 ways fashion brands and retailers can utilize the lockdown to their benefit
As extended lockdowns, social distancing and working from the confines of home become the new reality, fashion brands and retailers across the world struggling to mitigate cope up with revenue reductions.
While it is hard to predict the post pandemic...
Food
More clarity needed on manufacturing locations, allow entire value chain to function, says ITC
Diversified business entity ITC Ltd on Thursday called for more clarity from the government on where manufacturing is allowed during the lockdown, while seeking that companies be allowed to sell to consumers whatever is being produced.
According to a PTI...
Retail
WoodenStreet to spend US$ 500K, reveals plans for touch-free stores
Custom furniture startup WoodenStreet is planning to spend US$ 500K to change how its experience stores will feel and function post-coronavirus pandemic. The plan includes a touch-free store policy, virtual reality and 3D services and sanitized supply chain.
The brand...
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Latest News
Zudio goes global, opens first international store in Dubai
The new store is located at Silicon Central Mall in UAENew Delhi: Tata Group-owned value retail fast fashion chain...
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