lockdown

The need to maintain social distance and stay at home due to the COVID-19 pandemic is increasingly forcing consumers across the Asia-Pacific (APAC) region to shift their shopping habits online. Therefore, contactless deliveries are ideal during lockdown measures, forcing...

Luxury has been one of the most affected industries in the retail sector due to the COVID-19 pandemic. The crisis led to the closure of several luxury stores across the Asia-Pacific (APAC) region, bringing their revenue stream to a...

Many large brick-and-mortar retail chains that switched to online during the lockdown have reported spike in sales from digital channels, and expect the momentum to continue as consumers prefer to order digitally despite restrictions are being eased. According to a...

The Haryana government has allowed shopping malls in Gurugram and Faridabad to reopen from July 1, more than two months after they were shut to combat the novel coronavirus outbreak. According to a PTI report: The Gurugram district administration said...

FMCG-to-hospitality major ITC on Friday reported a 9.28 percent growth in its consolidated net profit for the January-March quarter at Rs 3,926.46 crore. During the same quarter of the previous fiscal, FY 2018-19, the company had reported a net profit...

Credit rating agency Crisil on Friday said that revenue of organised apparel retail sector is set to plummet by as much as 30-35 percent this fiscal due to the outbreak of COVID-19. Accordingly, temporary store closures, restricted mobility and low...

The National Restaurant Association of India (NRAI) on Thursday came up with a Standard Operating Procedure (SOP) for restaurants whereby among other social distancing norms, it has suggested a 2-metre gap between tables. Formulated in partnership with Releski, a Bengaluru...

India’s retail sector is one of the largest employers in the country with almost 46 million people working in the industry. With the onset of the pandemic and as retail businesses continue to be deeply damaged by the ongoing...

While it is true that the novel coronavirus pandemic and subsequent restrictions have upended businesses around the world – with stores selling non-essential commodities like fashion being the worst affected and shuttered for months together – it is also...

As the nation continues to grapple with the effects of COVID-19, the economic repercussions of the pandemic have been widespread. You would have to look far and wide to find an industry that has not been negatively impacted. The...