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Arvind Mediratta

FMCG firms apply 2020 pandemic learnings for minimal disruption

Amid surging COVID-19 cases in the country, FMCG companies say they are applying learnings from the last year when nationwide and several localised lockdowns impacted their manufacturing and supply chain, to mitigate impact of any future disruption. Emami Ltd Director Harsha V Agarwal said based...

METRO Cash & Carry India to cover COVID vaccination cost for all its employees in the country

METRO Cash & Carry, India’s leading wholesaler and food specialist, will be covering the COVID- 19 vaccination cost for its entire workforce in India. Supporting Government of India’s COVID-19 vaccination drive, the company has decided to cover the COVID-19...

Retail employees ‘frontline workers’, must get COVID vaccine on priority basis: FICCI

Industry chamber FICCI has written to the Union Health Ministry seeking inclusion of retail industry staffers in the list of 'frontline workers' for the COVID-19 vaccination drive. "The kirana community along with retail employees should be recognised as 'frontline workers' as they...

Retailers hopeful of achieving ~85% pre-COVID sales by June 2021

With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of...

Growth of e-commerce in grocery channels irreversible; will co-exist with general trade: HUL CMD Sanjiv Mehta

Growth of e-commerce in the grocery segment is "irreversible" but kirana stores and modern trade channels would also remain relevant, Hindustan Unilever CMD Sanjiv Mehta said on Wednesday. According to a PTI report: Mehta also said rural sales are growing...

Ad hoc local lockdowns hurting already stressed retailers: RAI

The Retailers Association of India (RAI) has said that ad hoc lockdowns by state governments are impacting the businesses of already-stressed retailers, along with hurting the economic revival of the country. In a statement, the body of the organised retail...

Momentum in online, app-based sales to stay for retailers

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...

Surviving COVID-19: Now, transform kirana stores into supermarkets in just 24 hours

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,...

Consumers footfall increase, average basket value goes up at retail stores in lockdown 3.0

Leading retailers have witnessed an increase in number of footfalls along with a ‘significant’ jump in average purchase value in the third phase of the lockdown. According to industry players such as Metro Cash & Carry, Lots Wholesale Solutions,...

Lockdown 2.0: Consumers’ focus shifts to packaged, high-value food items

The second phase of the coronavirus lockdown saw a considerable shift in buying patterns of consumers from basic necessities to high-value items like snacks, processed food, packaged meat and frozen desserts, retailers said. According to a PTI report: Retailers such...
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Honasa Consumer posts Q4 profit at Rs 30.47 cr, sales up 21.5% at Rs 471 cr

Its revenue from operations grew 21.46% to Rs 471.09 crore in the fourth quarter of this fiscal. It was...
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