COVID-19
Retail
Govt makes a U-turn, stops e-commerce platforms from selling non-essential items
The government on Sunday prohibited e-commerce platforms from selling non-essential items during the lockdown, four days after allowing the companies to sell mobile phones, refrigerators and ready-made garments.
Union Home Secretary Ajay Bhalla issued an order excluding the non-essential items...
Fashion
Landlords under pressure as global fashion chains set to demand rent holidays
Global fashion players operating stores in Europe’s shopping centres and high streets will be demanding, even enforcing in some countries such as Spain, rent holidays over the next few months as COVID-19 continues to take a greater hold, says GlobalData, a leading data and analytics company.
Honor Strachan, Principal Analyst at GlobalData, comments: “Landlords will...
Food
Walmart meets commitment to hire 150,000 associates, pledges to hire 50,000 more
Walmart is committed to helping the fellow Americans seeking work, while serving customers during this unprecedented time. The brand recently committed to hiring more than 150,000 new associates by the end of May. Since then, it has had over...
Food
Digital menu company ‘My Menu’ introduces QR ordering to contain the spread of COVID-19
My Menu, India’s leading digital menu company specialising in digital tablet menu led by industry veteran Abhishek Bose has announced a complimentary QR ordering solution to restaurants worldwide for tackling the post COVID-19 era.
In the aftermath of the massive...
Beauty & Wellness
COVID-19 presents an opportunity for beauty retailers as salons remain closed: GlobalData
Sales opportunities for non-food retailers are scarce amid the COVID-19 pandemic as lockdowns are enforced and non-essential stores remain temporarily closed. However, with 59.8% of consumers globally using salons and spas for treatments*, the desire to replicate salon treatments...
International News
COVID-19 UK lockdown shuts 382 million sq.ft. of retail space, impacting £14.5bn of sales, says GlobalData
The closure of non-essential retail in the UK, now extended for another three weeks, equates to 382 million square feet of physical space out of action. This space would have generated £14.5bn of sales over that period based on...
Retail
Amazon says prohibiting non-essential deliveries will disappoint consumers, small businesses, others
After the government barred delivery of non-essential items through e-commerce platforms, Amazon India on Sunday said the new guidelines will disappoint consumers whose list of essentials had expanded to ‘work from home’ and ‘study from home’ products, as well...
Food
FMCG sales decline in last week of March, e-comm to play a larger role: Nielsen
Retailers have witnessed a sharp decline in the last week of March across all channels, after posting double digit growth in the first three weeks on account of the lockdown, said data analytics firm Nielsen in a report.
This was...
Food
QSR chains like Pizza Hut, Domino’s Pizza, others assure customers their products safe, amid COVID-19 scare
Quick Service Restaurant chains such as Pizza Hut, Domino’s Pizza, McDonald’s and Subway have assured customers of safety of their products amid the COVID-19 crisis, stating that they are taking precautions at stores as mandated by the authorities.
According to...
Fashion
CMAI requests aid from Central and State Government to pay wages to the employees
India’s economy is suffering one of the worst economic slowdowns in its history, in line with the global destruction caused by the Covid-19 pandemic. As a result, the companies/factories coming under Ministry of Micro, Small and Medium Enterprises (MSEMs)...
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Latest News
D2C startup Nutrabay raises $5 million
The funds raised in the Series A round will be invested in omnichannel expansion and innovationsNew Delhi: Nutrabay Retail,...
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