COVID-19
Retail Hub
Loans of over Rs. 25,000 crore & a crore jobs at stake as hundreds of shopping centres face closure
The Indian Shopping Centre Industry is reeling under the pressure of repayments to banks, even as revenue streams dry up and no relief seems to be coming from the government amid the coronavirus pandemic that has forced malls across...
Fashion
Fashinnovation Worldwide Talks 2020: The future of fashion post the current climate
The novel coronavirus pandemic had a pronounced impact on the fashion retail segment. Amidst this uncertainty, brands and retailers around the world are planning their strategies for the post COVID-19 era. But what will it look like on the...
Food
Cloud Kitchens: Emerging as a safe bet in the times of coronavirus
A couple of decades ago, it would have been impossible to wrap your head around the idea that technology would become the key driver in the food industry – but with the passage of time, and especially in today’s...
Food
Impact of COVID-19 crisis on breakfast cereals
As we are going through the time of social distancing and self-quarantine to cease the rapid spread of coronavirus, which has affected and killed many in India, consumers are stockpiling non-perishable food items including breakfast cereals. This has resulted...
Food
Coronavirus impact: Swiggy to downsize private brand kitchens, to impact around 900 employees
Food ordering and delivery platform Swiggy is planning to downsize operations of its private brand kitchens due to COVID-19 pandemic, which could impact around 900 employees, according to sources close to PTI.
According to a PTI report: As per the...
Food
Amul eyes 15 percent growth in turnover this fiscal despite COVID-19 from over Rs 38,000 crore in FY'20
GCMMF, which markets dairy products under Amul brand, expects its turnover to grow 15 percent this fiscal year from Rs 38,550 crore in 2019-20 despite economic slowdown caused by the nationwide lockdown to control coronavirus outbreak.
According to a PTI...
Fashion
Apparel industry the most adversely impacted sector: Sanjay Bahl, Group CFO, Raymond
The ongoing lockdown to curb the spread of Coronavirus has impacted the Indian retail industry in a big way. Brands like Raymond are taking steps for effective cost rationalization by cutting down all non-critical expenses and marketing spends, managing...
Food
Organic and health foods are the spear tips of stepped-up food demand and sales during the lockdown
They say that gold is the only commodity whose value is burnished by grim news. That's because in response to any generalised fears of socio-economic turmoil, people always prefer to have a claim on gold in a vault to...
Retail
COVID-19 may kick-start demand for multi-storey warehousing
Multi-level warehouses within city limits may well be Indian real estate's next big thing in a market completely transformed by the coronavirus pandemic. The compulsions of faster e-commerce growth in a post-pandemic world can kick-start demand for tech-enabled multi-storey...
Retail
COVID-19 Crisis: 20-25 pc retailers won’t be able to survive 3 months of closures & lockdown
Retailers Association of India (RAI) along with Trust for Retailers and Retail Associates of India (TRRAIN) organized a Webinar on ‘Retail 2020: Reset. Recover. Revive’, the third in the series of webinars focused on the impact of Covid-19. The...
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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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