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COVID-19

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...

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...

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...

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...

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...

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...

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...

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...

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...

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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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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