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COVID-19

Coronavirus impact on global supply chains

Chinese and multinational companies are starting to feel disruption in their supply chains as the coronavirus continues to spread; the Chinese government extended the shutdown of factories and businesses, and airlines canceled air routes in and out of the...

COVID and Beyond: Evaluating digital engagement options for frontline employees

Once the economy starts limping back to normal after the COVID-19 induced lay-off , we can hopefully look forward to the speedy opening of thousands of retail outlets across the country. By re-engaging the workforce after this forced hiatus...

How to keep the morale of retail personnel buoyed up in times of COVID-19

The COVID-19 crisis is proving to be a test for businesses with the government announcing a complete nationwide lockdown. While it is hard to predict what the ultimate economic impact of this crisis will be, retail businesses will have...

How will India’s organic food market shape up after the coronavirus

We have been hearing a lot about organic food, especially since the past 10 years or so. During this time, the market for Organics worldwide, as well as in India, has grown steadily. As per an ASSOCHAM study, the...

Paytm launches Rs 100 cr loyalty scheme for kirana stores to cover merchant charges

Digital payment firm Paytm on Tuesday announced a Rs 100 crore loyalty programme for grocery stores to cover losses faced by merchants from transaction charges. Businesses are now required to pay 1 percent MDR (merchant discount rate) for transferring payment...

'40 pc spike in consumer spend at kirana stores during lockdown'

Consumer expenditure for essential goods at kirana stores has increased by around 40 percent since the announcement of the nationwide lockdown, a report by SnapBizz said on Tuesday. As per the report, there was a major spike in sales in...

Dabur India resumes production at all manufacturing locations

Homegrown FMCG major Dabur India on Tuesday said it has resumed production at all its manufacturing locations following the government relaxing guidelines for the third phase of lockdown. According to a PTI report: The company, which earlier temporarily suspended production...

Lockdown relaxation working, non-essential orders up on e-commerce platforms

Sitting idle for nearly 45 days, hope rekindled for millions of sellers as leading people from green and orange zones began ordering and receiving non-essential items like stationery, apparel, footwear and electronics from leading e-commerce platforms. Snapdeal said it received...

LOTS supports kiranas, distributes ‘LOTS of Care Kits’ to ensure safety at shops

In the wake of the coronavirus pandemic, LOTS Wholesale Solutions, a part of the US$ 65 billion Charoen Pokphand Group and a wholly-owned subsidiary of Siam Makro Public Company Limited, committed to serving its members and the community, has...

Global retail stares at $2.1 trillion loss, to take 4 years to revive

With the COVID-10 pandemic ravaging several industries amid poor consumer spending, global retail sales in 2020 will decline by an average of 9.6 percent, resulting in a loss of $2.1 trillion and it will take four years for retailers...
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E-commerce cos focus on transparency, good shopping experience to foster consumer trust: Experts

Big e-commerce players like Amazon use advanced AI/ML (Artificial Intelligence/Machine Learning) to combat fake reviewsNew Delhi: The success of...
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