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Food

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

Sunil Kumar -
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...
Food

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

Indiaretailing Bureau -
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...
Food

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

IANS -
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...
Food

Dabur India resumes production at all manufacturing locations

Indiaretailing Bureau -
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...
Retail

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

IANS -
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...
Food

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

Indiaretailing Bureau -
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...
International News

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

IANS -
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...
International News

Sweden forgoes lockdown protecting 2020 retail spend, says GlobalData

Indiaretailing Bureau -
Sweden’s retail market is set to be one of the better performing in Europe in 2020, only marginally declining 0.4 percent, as it is yet to impose a lockdown (and does not plan to) in contrast to many other...
International News

J.Crew files for Chapter 11 bankruptcy

Indiaretailing Bureau -
J.Crew Group, Inc. announced it has reached an agreement with its lenders holding approximately 71 percent of its term loan and approximately 78 percent of its IPCo Notes, as well as with its financial sponsors, under which the company...
Fashion

Levi’s CEO To Fashion Brands: This is how you can generate demand post lockdown

IMAGES Business of Fashion -
As the industry gears up to resume business post the lockdown, Sanjeev Mohanty, Managing Director - South Asia, Middle East & North Africa, Levi’s Strauss & Co., outlined the two aspects that underpin the way demand will be regenerated...
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In FocusPTI -

Anarock FY24 revenue rises 36% to Rs 566 cr on higher earnings

Homegrown Anarock was established by Anuj Puri in April 2017 after serving as country head for 10 years in...
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