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Kumar Rajagopalan

Green shoots of recovery visible in retail business, but yet to reach last year's levels: RAI

Consumer durables and electronics category recorded positive sales growth in October as compared to last year as retailers overall continued to witness a steady month-on-month recovery, although business is yet to reach last year's levels, according to a survey...

80 pc consumers look forward for festive shopping: Survey

The upcoming festive season comes with a hope for the retailers as they have been severely hit by the pandemic. A survey by the Retailers Association of India (RAI) and LitmusWorld shows that around 80 percent Indian consumers are...

Essential commodities fuel retail revival, average bill value up 1.5x over pre-COVID-19

Amidst the pandemic-induced slowdown, essential goods will fuel Indian retail industry’s growth in the coming quarters as consumer expenditure continues to remain focused on essentials - particularly food and grocery - reveals the latest report by ANAROCK & Retailers...

Retailers Association of India welcomes govt's directive on localised restrictions

The Retailers Association of India on Monday said the Centre's directive to states and union territories not to impose lockdown outside containment zones without approval, comes as a silver lining to the Indian retail industry that has been battling...

Weekend restrictions hurting recovery of retail industry: RAI

The Retailers Association of India (RAI) on Tuesday said that weekend restrictions and lockdowns across several states are adding to the woes of retail businesses which have already been severely hit by the pandemic and the nationwide lockdown. In a...

Degrowth rates peak, lockdown relaxations ineffective for retail: Survey

No industry or individual has escaped unscathed from the lockdown, and retail lies at the very intersection. A recent survey by the Retailers Association of India (RAI) of more than 150 retailers – big and small, revealed that lockdown...

RBI move to allow loan restructuring to support retail industry: RAI

The Retailers Association of India (RAI) on Thursday said the Reserve Bank of India's (RBI) move to permit a one-time restructuring of loans amid the ongoing COVID-19 crisis will support the retail industry that has witnessed significant disruption over...

Retailers expect 64 pc decline in business in July first-half

Retailers estimate 64 percent de-growth in their business in the first half of July 2020 as compared to the same period last year as Indian retail industry continues to face hurdles at state and local levels making recovery all...

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...

Layoffs, unemployment & furloughs as COVID-19 hits retail jobs

India went under lockdown on March 23, 2020, plunging its economy into darkness, the economic outlook very bleak owing to the COVID-19 virus. So far, over the last 3 months, the country has witnessed four phases of lockdown and...
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Former HUL CEO Mehta teams up with PE fund L Catterton for India-focused JV

Mehta will serve as the executive chairman of India for the vehicle from 4 April onwardsMumbai: Former Hindustan Unilever...
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