FMCG
Food
COVID-19 compels Food & Grocery Industry to re-imagine innovation
It’s been exactly one year since the first Coronavirus case was reported in China, yet the pandemic continues to impact both industries and consumers across the world at an unprecedented scale. Just like other industries, the Fast Moving Consumer...
Food
From Kiranas to Corporates: The evolution of modern retail in India
Food & FMCG products in India were typically retailed in small individually or family-owned and operated stores located in villages, city neighborhoods, and large urban markets. Grocery stores (called Kirana stores locally) account for the bulk of food retail...
Food
Re-Engineering sales & distribution systems is the need of the hour for FMCG brands
From travel to shopping and banking, everything around us has changed significantly over the past few years. The rapid growth of digitization has introduced several innovative technologies and strategic approaches which have changed the way Indian businesses function. Consumer...
Food
FMCG industry moves into a positive growth space: Nielsen
The FMCG slowdown in Q2’20 saw a value decline of 19% as compared to the same period of 2019. This was fueled by massive disruptions in the production and supply chain, and low consumer confidence.
The unlock from Q3’20, saw...
Food
Tata Consumer Products to sell MAP Coffee to Buccheri Group for Rs 6 crore
Tata Consumer Products Ltd (TCPL) on Saturday said its Australia based step-down subsidiary is selling MAP Coffee Business to Buccheri Group for 1.25 million Australian dollar (Rs 6.74 crore). According to TCPL's website, MAP Coffee was established in 2002 and supplied Australian cafes, restaurants and bars...
Food
VR and robotics are vital solutions in FMCG to boost consumer trust during COVID-19
Manufacturers should explore new smart and connected solutions for purchasing, packaging and delivery to keep up engagement with the third of consumers worldwide (32%) that claim digital advancement often/always influences their product choices during lockdown, according to GlobalData, a leading data and analytics company.
GlobalData’s latest report, “COVID-19 Case Study: Technology...
Food
FMCG industry sees signs of recovery in September quarter: Nielsen
After an unprecedented decline of 19 percent in the January-March quarter, the FMCG industry has displayed signs of recovery in the September quarter with a year-on-year growth of 1.6 percent, according to market insight firm Nielsen.
The growth witnessed in...
Food
FMCG shows highest discrepancy in background check during Apr-Jun, says report
The FMCG sector has witnessed the highest discrepancies in information provided by job aspirants during background checks in the April-June quarter, according to a report.
Discrepancies -- the mismatch between information given by a candidate and the actual facts found...
Food
FMCG companies' revenue to contract by 3 pc in FY21: Crisil
Domestic ratings agency Crisil on Tuesday said it expects revenue of fast moving consumer goods sector (FMCG) companies to contract by 3 percent in 2020-21 as against its earlier expectation of a 10 percent growth.
However, companies will adopt lower...
Food
FMCG sales drop 34 pc in April; e-commerce, cash & carry show recovery in lockdown 2.0: Nielsen
The FMCG industry witnessed a sharp 34 percent drop in sales in April due to mobility restrictions and supply side challenges during the lockdown, after registering single-digit growth in the first quarter, according to market insights firm Nielsen.
The decline...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey
According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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