Page 5 - Retail Sector

Covid-19 pandemic: Consumers unwilling to visit malls, says survey

The survey was conducted in 314 districts and had 34,000 responses

Delhi govt allows 100% retail activity from Monday: Check details here

All retail and trading establishments will now be allowed to operate at full capacity between 10 am and 8 pm from Monday

Covid impact on retail: Health, hygiene, instant food products sales surge

Discretionary categories like beauty and cosmetics, fashion and apparels have been affected adversely during the second wave of the pandemic

Kirana partners see 30% rise in monthly delivery incomes in 2020: Flipkart

Walmart-owned Flipkart on Friday said its Kirana partners across the country registered an increase of nearly 30 per cent in their average monthly delivery incomes in 2020.

Flipkart restructured biz model to control over inventory, alleges CAIT

Traders' body CAIT on Thursday urged the government to investigate the "blatant" violation of FDI and taxation rules by e-commerce major Flipkart, alleging that the Walmart-owned firm had "creatively" restructured its business model to exercise control over inventory and retail prices.

Covid-19 pandemic: Shopping mall owners' income dips around 50 pc in FY21

Shopping mall owners' revenue declined by around 50% during the last fiscal as the retail sector was badly hit since the outbreak of the Covid-19 pandemic in March last year

Delhi extends curfew as Covid situation grim; retailers demand support

Estimates suggest the closure of all retail hubs for a week caused a loss of Rs 2,000 crore to Delhi's retail business.

Cyberattacks: Retail and healthcare sectors among most targeted

Organisations in the business and professional services, retail and hospitality, financial, healthcare and high technology were the top targets

Retail sector sees revival in hiring as second Covid wave haunts India

Retail sector, which was severely impacted by the first wave of pandemic, has seen robust revival in hiring that saw an uptick of more than 15 per cent in March

Covid-19 or not, show must go on, says Future Group founder Kishore Biyani

We are launching an FMCG brand called Smartsters, which will focus on packaging and product innovations, says Biyani

India's retail sector to add 25 million new jobs by FY30, says report

In a survey of over 360 retail stakeholders, 79% of the respondents said that technology will play a pivotal role in Indian retail growth

India retail sector to add 25 million new jobs by 2030: Report

A lion's share will be the offline+online model, the report said

Retail engine revs up but YES Bank has hands full on asset quality

Its deposit base as of December 31, 2020 (Q3) had risen to Rs 1.46 trillion, up 8 per cent sequentially, though below a year ago's Rs 1.65 trillion

Retail startup Shoopy raises $250,000 seed from US, India investors

Shoopy helps retailers and local business owners go online in a few seconds, and manage invoicing, billing, inventory tracking and management, among other aspects of their shops easily

M&A pick-up: Feb numbers top current fiscal with 44 deals worth $4 bn

Consumer, retail and food segment topped the charts in terms of both, deal volumes and value

Reduced debt, better business outlook spark rally in Aditya Birla Fashion

Shares of the company were up for 8th straight day, its longest winning streak in nearly six years

Consumers will become increasingly agile and demanding: Deloitte

Consumers will become more aware of brands and seek comfort and convenience at the click of a button.

Aditya Birla Finance set to raise Rs 5,000 crore through debentures

The entity expects to increase share of SMEs and the retail segment to 65 per cent from 60 per cent in December 2020.

Amazon India signs agreement with DGR for hiring ex-service personnel

Amazon India on Friday said it has signed an agreement with with the Directorate General Resettlement (DGR) to provide ex-service personnel with work opportunities across its network in India.

Banking stocks: Street step-siding the brewing retail-loan stress

Retail NPA ratios for December quarter at 10-year high for most private banks