Page 7 - Retailers

RBI's move to allow loan restructuring will support retail industry: RAI

The Retailers Association of India said the Reserve Bank of India's (RBI) move to permit a one-time restructuring of loans will support the retail industry

In pictures: Retailers, restaurateurs, gym owners in times of Unlock 3.0

While restaurateurs and gym owners are enthusiastic about the relaxations introduced under unlock 3, retailers expect little respite

Restaurants to retailers: Who gains, who loses as India starts Unlock 3.0

While restaurateurs and gym owners are enthusiastic, retailers expect little respite

Retailers urge states to ease shopping hour curbs in localised lockdowns

RAI makes representation to states, local authorities seeking resumption of normal business hours

Apparel retailers to post operating losses in Q1FY21 as revenues plunge 80%

Cost cutting efforts unlikely to offset sharp revenue fall

How Covid has forced fence-sitting retailers to jump onto digital bandwagon

Right from product demonstration to enabling purchase - everything is being managed these days through "virtual personalisation"

Retailers see 67% fall in sales during June 15-30 due to lockdown: Survey

RAI said there has been no significant growth in business for retailers even during the second half of June

Covid-19: Momentum in online, app-based sales to continue for retailers

Several retailers, which earlier started selling essential items - like food and grocery only - via online and app-based channels, have now started offering several items in general merchandise

Malls see 77% degrowth in 1st half of June, consumer sentiment low: Report

After lockdown guidelines were relaxed in early June, most states permitted malls and high street retailers to reopen after a gap of more than 70 days

Covid-19 crisis: Malls roll out red carpet but crowds missing on Day One

More than 250 malls were operational on Monday across the country. This is a fraction of the 650 plus large malls in India.

Microsoft helping retail clients deal with post-lockdown world, says COO

Planning for a post-lockdown world, retailers have realised that competiton will be high and customer needs will shift.

Retailers, mall owners now willing to resolve differences over rentals

Malls will reopen on June 8 in most parts of the country barring Mumbai, where the state government has decided against it for now.

Lockdown 4.0: Stand-off between retailers and malls over rentals worsens

At the heart of the matter are revenue-share rental agreements that retailers are mooting over fixed-rent contracts that they say are unsustainable

Small and local brands grow big in FMCG market amid coronavirus lockdown

Companies say low-unit packs as well as lesser-known brands seeing greater traction during lockdown

Facebook takes on Amazon with online shopping, commerce venture Shops

The Facebook chief executive officer announced a handful of updates Tuesday signaling the company's commitment to online shopping and commerce

Retailers' body miffed at stimulus, says emergent issues not addressed

The retail industry, which contributes around 40 per cent to India's consumption and 10 per cent to India's gross domestic product, is severely stressed

Learn the art of living with Covid-19 pandemic: Nitin Gadkari to retailers

Gadkari also assured the retailers of looking into their demands of financial aid from the government

Entire sector may turn NPA, will need ventilator support: Retail body CEO

If the retail sector is supported with a package, it would have a positive ripple effect on the manufacturing sector and the supply chain, said RAI CEO Rajagopalan

Back to the future

Privileging physical retail over e-commerce is risky

Retailers want govt to allow sale of non-essentials amid Covid-19 lockdown

Extend relaxations given to manufacturing units in green zones to retail sector, say industry players