Now that many areas are out of bounds for big retailers for various reasons, is there an opportunity for local kiranas?
Change in consumer behaviour and higher fixed costs are major concerns, leading analysts to cut FY21 earnings estimate by 15-40 per cent
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The members of the association sustain their livelihood by selling goods of daily needs like biscuits, soft drinks, mineral water, cigarettes, bidi, pan etc
Crowd management policy critical; associations turn to government
The statement acquires significance given the growing Covid-19 cases in India.
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Firms may have to sack 20% of workforce, says study by retailers' association
Developers, such as DLF and Phoenix Mills, say the force majeure clause, which retailers have indicated they would apply, in case there was a complete breakdown in talks
Indian kitchens, particularly in the country's cow belt, cannot be run without atta (wheat flour) required to make roti (bread)
Electronic and appliance bodies seek to postpone higher duties on components
Retail-led brands, say experts, are increasingly acquiring an identity of their own, goading some players such as the Future group to have a widespread distribution strategy
Many say they will need to study the feasibility of the exercise before implementation
New rules which allow shops and establishments to be open through the night with some riders come into effect from January 27
The penetration of organised retailers in the jewellery and watches segment rose to 28 per cent in 2017, from just 6 per cent in 2007 and the count is estimated to reach to around 35 per cent by 2021
Piyush Goyal says government 'politically compelled' to ensure that small businesses are not forced out
Riding on this change in aspirations, the value retail chain is growing close to 22 per cent year-on-year, and is aggressively looking to expand its footprint, with 60 new stores this year
SaaS start-up O4S aims to track over 5 billion products next year
Aggressive store additions by listed retailers come amid muted same-store sales growth and pressure on margins in March quarter
Most-valued retailer Avenue Supermart's (D-Mart) PBIDT rose 46.5% to touch Rs 4.2 billion