Top Packaging Innovations Enabling E-commerce Growth & Sustainability

Until recently, packaging optimization was largely overlooked as brands and retailers scrambled to keep up with exploding e-commerce demand and customer expectations for faster deliveries. Now, packaging has become one of the highest priorities for many e-commerce providers. End consumers have made their voices heard and have demanded that providers focus on waste and recyclability …

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Primark says UK market share has risen after Covid lockdown | Business

The budget clothing chain Primark has said its UK market share has increased after customers flocked back since it reopened all its stores, with trading better than expected. Primark, owned by Associated British Foods, said customer spending on clothes, footwear and accessories had been recovering since hitting a low point in April during the Covid-19 …

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Amazon bans sales of foreign seeds in the U.S. after mystery packets, Retail News, ET Retail

San Francisco: Amazon has banned sales of imported seeds in the United States after thousands of Americans said they had received packets of seeds they had not ordered, mostly from China. “Moving forward, we are only permitting the sale of seeds by sellers who are based in the US,” the e-commerce giant said in a …

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Manish Tiwary gets additional mandate to manage Amazon India seller services

Amazon India Vice-President for Consumer Business Manish Tiwary has been given the additional mandate of the seller service unit, according to the company. Amazon India Vice President (Seller Services) Gopal Pillai, who had relocated to India from Seattle in 2015, will be returning to the US after the five-year stint, the company said in a …

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John Lewis could move Waitrose Foodhall into Peter Jones store

Peter Jones could add a Waitrose to the mix, in a bid to increase footfall. // John Lewis reported to be considering moving Waitrose into famous Peter Jones store // Discussions come as John Lewis undertakes strategic review of iconic Sloane Square property John Lewis may be considering moving a Waitrose supermarket into its iconic …

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Amul to invest Rs 1,500 crore in 2 years to set up dairy, edible oil, bakery, potato processing plants

GCMMF, which markets dairy products under the Amul brand, will invest around Rs 1,000 crore over the next two years to set up milk processing plants, and another Rs 500 crore on facilities for new products like edible oil, its MD R S Sodhi said. In an interview with PTI, Sodhi said the Gujarat Cooperative …

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PVR defers major capex plans amid pandemic

As the coronavirus pandemic and the eventual lockdowns have brought the multiplex industry to a grinding halt, PVR has deferred a significant portion of its capital expenditure (capex) plans and it will reassess them once the shutdown is over and its operations resume. Nitin Sood, Chief Financial Officer (CFO) of PVR has said that owing …

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Rethinking retail post-COVID-19 – Indiaretailing.com

In what felt like an overnight shift, the way that small businesses traditionally interacted with their customers stopped, changed or morphed. Among those most vulnerable are the smaller retailers without an online presence that depend on their customers to walk through their doors. While many states are beginning to reopen, a lot of uncertainty still …

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Norway’s Orkla Foods acquires majority stake in Kochi-based Eastern Condiments

Oslo-headquartered Orkla Foods said it has entered into an agreement to acquire 67.8 percent of the shares in Kochi-based Eastern Condiments Private Limited. With this move, the Norwegian consumer goods supplier will double its sales in India, the company said in a statement. Orkla said it already holds a strong position in the Indian branded …

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Future Retail logs Q4 net loss of Rs 477.63 crore

Future Retail Ltd (FRL) reported a consolidated net loss of Rs 477.63 crore for the quarter ended March 2020. According to a PTI report: The company, which owns brands like Big Bazaar, fbb, Foodhall, Easyday and Nilgiris, had posted a net profit of Rs 199.31 crore in the January-March quarter a year ago. Mukesh Ambani’s …

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