COVID-19
International News
European retail sales industry set to lose US$ 4bn over coronavirus outbreak
Thousands of stores, supermarkets and shopping malls have closed since March and millions of people have been forced to stay-at-home amid coronavirus lockdown. This has led the European retail sales industry to suffer its biggest fall in years. Some...
Food
Lockdown to impact Indian operation but focus on providing goods: Metro Cash & Carry
Germany's Metro Cash & Carry on Tuesday said the lockdown will have financial impact on its Indian operations, but its focus will be to ensure there is no shortage of food and grocery supplies to kirana stores.
According to a...
Food
Lockdown to have ‘material’ impact on production, sales: Dabur India
FMCG major Dabur India on Wednesday said the Covid-19 pandemic and the consequent lockdown will have "material" impact on the company's production and sales in March and will continue till the lockdown stays during the current financial year.
According to...
International News
eBay names Jamie Iannone Chief Executive Officer
eBay Inc. announced that the company's Board of Directors has appointed Jamie Iannone as Chief Executive Officer, effective April 27, 2020. He has also been elected to the company's Board of Directors. Most recently Iannone was Chief Operating Officer...
International News
Amazon to allow third-party sellers to ship non-essential items
IANS -
Amazon will soon allow third-party sellers to start ship nonessential items to its warehouses as it ramps up efforts to supply the essential items in the challenging COVID-19 times.
In a statement to CNBC, the e-commerce giant said: "We appreciate...
Fashion
COVID-19: Neeru's aims to make 1 lakh masks by April 30; distributes free of cost
Neeru’s, a design house of ethnic fashion, is aiming to make one lakh masks by April 30. The brand is distributing these masks free of cost to fight the coronavirus pandemic.
The brand is making the masks using its own...
Fashion
Coronavirus: True Religion files for Chapter 11 bankruptcy
Designer jeans company True Religion has filed for Chapter 11 bankruptcy protection for the second time in three years, citing difficulties due to the coronavirus pandemic.
In a court filing, the denim retailer said it would have preferred to wait...
Food
Pizza Hut, KFC & McDonald's serve meal to medical and frontline staff at govt hospitals
Fast food brands such as McDonald's, Pizza Hut and KFC have committed to serving meals to medical and frontline staff at government hospitals across cities as part of their COVID-19 relief initiatives in India, the companies said. Pizza Hut...
International News
COVID-19 Impact: Amazon hiring for additional 75,000 jobs
Amazon.com said on Monday it would hire 75,000 more people for jobs ranging from warehouse staff to delivery drivers as the coronavirus epidemic keeps Americans locked in their homes and demand for online orders surge.
On March 16, Amazon announced...
Retail
Coronavirus Impact: ‘Fashion, grocery may take one year to recover’
At a webinar hosted by Retailers Association of India (RAI) and Trust for Retailers and Retail Associates of India (TRRAIN) on Monday – in which top industry associations Retailers Association of India (RAI), National Restaurant Association of India (NRAI) and The...
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Latest News
Indian consumers prefer ‘offers’ faster online than offline: Report
The research reveals that online buyers are more price sensitive and avail more offers compared to offline buyersBengaluru: As...
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