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Sharp spike expected in e-commerce sales due to COVID-19: Survey

With COVID-19 forcing people to stay indoors and exercise social distancing, considerable changes have been seen in shopping trends of the Indian consumers. As the pandemic’s threat is looming large, more and more people are taking to the Internet...

‘Rise in e-commerce and contactless payments will support card payments growth in New Zealand’

Card payments in New Zealand will continue to rise at the expense of cash amid COVID-19 outbreak, though at a slower pace, says GlobalData, a leading data and analytics company. GlobalData’s revised-forecasts for New Zealand predict that card payments will...

COVID-19 lockdown opens new markets for luxury industry

The COVID-19 pandemic has dramatically changed the retail industry almost overnight. As per recent reports by Bain & Co., and McKinsey, major luxury companies have swivelled focus to address urgent public health needs. Factories that were producing scarfs and...

Masks, Social Distancing and No Large Gatherings: SOPs for shopping centres

With malls being allowed to open from next week, the Union Health and Family Welfare Ministry on Thursday issued the SOP on preventive measures there to contain spread of COVID-19, saying only asymptomatic customers will be allowed with masks...

Social distancing, contactless procedures must in re-opening hotels and restaurants: SOPs

Hotels and other hospitality units in non-containment zones, allowed to reopen from next week, have been directed to maintain social distancing, hygiene, and procedures to minimise physical contact between staff and guests, among others, as per the standard operating...

ITC, Emami identify emerging consumer trends amid 'new normal'

Diversified conglomerate ITC Ltd has identified emerging trends in the FMCG space arising out of the "new normal", a senior company official said. "The new normal as we see has a few long-lasting trends like greater need for healthy and...

Tupperware India resumes retail operations, reopens 40 pc retail outlets

Tupperware has reopened close to 40 percent of retail outlets across 17 cities including launch of its first exclusive brand store in Varanasi recently. These outlets are being opened in accordance with Govt. guidelines and all necessary safety measures...

Tata Consumer expects COVID-19 impact on profitability; hit by commodity price, supply constraints

Tata Consumer Products expects its profitability to be impacted in the short term due to the coronavirus outbreak as input costs have risen on account of commodity price volatility and supply constraints during the pandemic and subsequent lockdown. However,...

‘Nestle India does not expect financial challenges amid COVID-19'

Food and beverage major Nestle on Thursday said that it does not foresee challenges regarding financial resources in view of the coronavirus pandemic. In a regulatory filing, the company said that it has a strong cash position and is in...

How COVID-19 is influencing consumer behaviour

It’s been three months since the World Health Organisation declared the COVID-19 outbreak to be a ‘Public Health Emergency of International Concern’. Despite continued efforts by governments and organisations across the world, the virus continues to spread unabated. With...
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Tamil Nadu’s Thanjavur to get its first mall on 3rd August

Developed by the Langval Group, the 2.5 lakh sq. ft Langval Mall will cater to the aspirations of over...
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