lockdown

The shockwaves that COVID-19 created for businesses around the world isn’t going to go away anytime soon. The impact of the pandemic will be felt even after it has been eradicated. In the meantime, the myriad of changes in...

Brands and retailers have asked the malls to close the commercial agreements with reduced rents linked to the trading density of the malls. A formula has been proposed in order to simplify the process and speed up the discussions, called...

Value fashion and lifestyle products retailer V-Mart Retail Ltd on Friday reported narrowing of its standalone net loss to Rs 8.43 crore in the quarter ended March 2020. The company had posted a net loss of Rs 90.42 crore in...

With modern retail and e-commerce accounting for only 10 and 2 percent respectively, kirana stores still dominate the food and grocery market in India. The 12 million neighbourhood kirana stores in India have now emerged as the new heroes,...

Diversified Modi Enterprises is expecting a “massive drop in profits” of its cosmetic brand Colorbar due to the coronavirus lockdown, while direct selling business Modicare and retail chain store 24Seven have also been affected, a top company official said. According...

The COVID-19 pandemic brought the whole world to a standstill affecting almost every industry - from the unprecedented pressure on health services, to the shuttering of non-essential businesses to supermarkets needing to consider their re-stocking tactics and opening hours....

The decision to open stores in shopping centres, will be taken soon, after taking into account the guidelines of the health ministry, the commerce and industry ministry said on Friday. According to a PTI report: Issues of retail traders were...

The UK e-commerce sector could lose £5.9 billion through severe data breaches each year, new research reveals. 43 percent of businesses have experienced a cybersecurity breach or attack over the last 12 months, and can lose up to 7.27 percent...

Apple has managed to reopen nearly 256 retail stores out of more than 500 worldwide, as it aims to safely restart operations. Apple closed all its retail stores outside Greater China in March as COVID-19 pandemic spread. All the Apple...

Walking the runway to success till just a few months ago, the Indian fashion industry is now reevaluating its future with insiders saying the COVID-19 pandemic and lockdown have set the clock back at least a decade. As the...