Page 6 - Retailers
Global cargo logjam deepens, delaying goods bound for retailers, automakers
A surge in demand for furniture, exercise equipment and other goods for shoppers sheltering at home in a worsening pandemic has upended normal trade flows
 "Global cargo logjam deepens, delaying goods bound for retailers, automakers")
Walmart and other retailers battle 'bots' snatching up hot products
The new PlayStation 5 is among the products that resellers are snatching up using 'scalper bots'
 "Walmart and other retailers battle 'bots' snatching up hot products")
Small traders likely to feel the pinch as govt bans 43 mobile apps
Small to medium businesses key user base of logistics and transport apps Lalamove and Drive by Lalamove
 "Small traders likely to feel the pinch as govt bans 43 mobile apps")
Amazon and other major retailers to postpone Black Friday in France
Amazon and traditional retailers, including Galeries Lafayette department stores, agreed to postpone the shopping holiday from Nov. 27 to Dec. 4
 "Amazon and other major retailers to postpone Black Friday in France")
Covid pandemic makes wholesale business do the unthinkable. Go online
The pandemic has accelerated the shift that blurs the difference between B2B and B2C
 "Covid pandemic makes wholesale business do the unthinkable. Go online")
Green shoots of recovery visible in retail business, says RAI survey
The association said it had conducted a survey among its members and found that the decline in retail business had narrowed to 31 per cent in October
 "Green shoots of recovery visible in retail business, says RAI survey")
After muted Q2 show, DMart's sales may gain traction in third quarter
Margin trajectory, however, depends on festival season discounts, share of general merchandise
 "After muted Q2 show, DMart's sales may gain traction in third quarter")
Covid impact: Domestic retailers to see 40% revenue fall, predicts Icra
Indian apparel exporters are likely to see a decline of 20-25% in their turnover in 2020-21, while those focused on domestic market are expected to witness a 30-40% decline in revenue due to Covid-19
 "Covid impact: Domestic retailers to see 40% revenue fall, predicts Icra")
Better link, real-time info sharing help retailers ready for biz resumption
During the lockdown, the retail industry used tools such as virtual town halls connecting all industry and employees
 "Better link, real-time info sharing help retailers ready for biz resumption")
Retailers Association of India welcomes govt stimulus to boost demand
Retailers Association of India welcomed government's LTC cash voucher scheme and Rs 10,000 festival advance to government employees to stimulate consumer demand during the festival season
 "Retailers Association of India welcomes govt stimulus to boost demand")
Reliance Retail to Titan, retailers defy pandemic woes to add new stores
Top firms setting up outlets even as consumers remain cautious
 "Reliance Retail to Titan, retailers defy pandemic woes to add new stores")
SBI, HUL tie up for providing easy access to credit to small retailers
SBI and FMCG major HUL announced a partnership to enable easy access to credit to small retailers and also help them join the digitisation bandwagon in order to "survive in the new world"
 "SBI, HUL tie up for providing easy access to credit to small retailers")
This CEO may have found a solution to retailers' last mile dilemma
Online shopping is "here to stay" and "there's a real opportunity for us to parlay this and become the last-mile delivery answer," Ball said in an interview in Stockholm
 "This CEO may have found a solution to retailers' last mile dilemma")
Retailers Association welcomes govt's directive on localised restrictions
Retailers Association of India said the Centre's directive to states not to impose lockdown outside containment zones without approval, comes as a silver lining to the Indian retail industry
 "Retailers Association welcomes govt's directive on localised restrictions")
As shoppers stay away due to Covid-19, small retailers seek refuge online
For small retailers across the country, the coronavirus outbreak has turned an already challenging business environment into never-ending uncertainty.
 "As shoppers stay away due to Covid-19, small retailers seek refuge online")
Retailers are offering lowest discounts this festive season: Here's why
Low discount offers with few promotions expected to continue in festive season
 "Retailers are offering lowest discounts this festive season: Here's why")
Top headlines: Tata may sell JLR, UK steel biz, CBDT undergoing facelift
From Tata likely to sell JLR and UK steel operations in UK, Covid-19 drug sales performing well to private train operators allowed to choose halt stations, here are the top news of the day
 "Top headlines: Tata may sell JLR, UK steel biz, CBDT undergoing facelift")
Malls, retailers begin talks again over rentals as business remains weak
While mall owners gave full, and in some cases, half waivers to retailers on monthly rentals during lockdown months, retailers say this may not be enough
 "Malls, retailers begin talks again over rentals as business remains weak")
People happy with govt's Covid-19 pandemic battle, but retail lags
The Retailers Business Survey, conducted in July by the Retailers Association of India (RAI), shows the fourth-largest global market is still seeing 63 per cent contraction in offtake
 "People happy with govt's Covid-19 pandemic battle, but retail lags")
Localised lockdowns hampering business recovery potential: Retailers body
The Retailers Association of India (RAI) said signs of marginal recovery were observed in July as compared to June in its fortnightly business survey but local lockdowns are hampering recovery potenti
