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Category: India Retail News

Pandemic window-shopping: Abandoning e-commerce shopping carts

A woman is seen shopping on ASOS the online fashion store on a laptop. Dinendra Haria | SOPA Images | LightRocket | Getty Images In normal times, Amanda Ryczek window-shopped — wandering around with no intention to buy, but taking time to see new merchandise or thinking of what could be worn and where. As …

Pandemic window-shopping: Abandoning e-commerce shopping cartsRead More

The reckoning is coming for Rishi Sunak | Politics

Wednesday 11 March 2020 was a momentous day not only for Rishi Sunak, but for the UK and the world. It was the day Sunak delivered his first budget as chancellor of the exchequer. But it was also when the World Health Organization declared a global pandemic as cases of Covid-19 soared. In his budget, …

The reckoning is coming for Rishi Sunak | PoliticsRead More

Sunak’s £5bn plan to rescue high streets from collapse | Rishi Sunak

The chancellor, Rishi Sunak, is to offer 700,000 shops, pubs, restaurants, hotels and other businesses, grants of up to £18,000 each as part of a £5bn rescue scheme to prevent mass bankruptcies. News of the plan – to be announced in Wednesday’s budget – comes as Sunak faces increasing pressure to avoid or postpone significant …

Sunak’s £5bn plan to rescue high streets from collapse | Rishi SunakRead More

Can Oatly milk it? Oatmilk brand gears up for US stock market | Business

“Here comes the post milk generation” is the slogan emblazoned on the side of the electric trucks of the alt-milk brand Oatly. We will soon find out if that’s true as the Swedish oatmilk juggernaut heads towards a mega US stock exchange listing. The Swedish company said this week it had begun work on a …

Can Oatly milk it? Oatmilk brand gears up for US stock market | BusinessRead More

Amazon’s India goals aligned to government’s digital priorities, says Amit Agarwal, Retail News, ET Retail

Amazon’s business goals are in line with the government’s long-term priorities of digital empowerment and inclusion, its India head Amit Agarwal told ET in an interview. The US-based ecommerce behemoth has always complied with local laws, he added. Agarwal also reiterated Amazon’s commitment to empowering small sellers on its platform, countering narratives that it favours …

Amazon’s India goals aligned to government’s digital priorities, says Amit Agarwal, Retail News, ET RetailRead More

Etsy CEO Josh Silverman on the company’s post-Covid growth

Etsy CEO Josh Silverman told CNBC on Friday that nobody knows what’s going to happen with the coronavirus pandemic this year, but he hopes the company will “outpace e-commerce overall.” “None of us have a crystal ball,” Silverman said on “Squawk Box,” one day after the online marketplace reported much better than expected fourth-quarter earnings …

Etsy CEO Josh Silverman on the company’s post-Covid growthRead More

Cramer says Foot Locker’s falling revenue shows the risk in mall stocks

Shoppers stand in line to enter a Foot Locker Inc. store at the Queens Center shopping mall in the Queens borough of New York, U.S., on Wednesday, Sept. 9, 2020. Peter Foley | Bloomberg | Getty Images A disappointing quarter from Foot Locker should make investors pause and reconsider the future of some mall-based stores, …

Cramer says Foot Locker’s falling revenue shows the risk in mall stocksRead More

Retailers sign more short-term leases in a risky bet for mall owners

American skateboarding footwear company brand Vans store seen in Hong Kong. Budrul | LightRocket | Getty Images Retailers and their landlords are engaged in a high-stakes game of risk right now. And it will be a few years until we find out which party is on the winning side. As thousands of retail leases come …

Retailers sign more short-term leases in a risky bet for mall ownersRead More

Sainsbury’s and Argos workers to get pay rise and third Covid bonus | J Sainsbury

Sainsbury’s and Argos workers are to receive a third pandemic bonus and a pay increase of more than 2% to match the real living wage outside London, as supermarket sales continue to boom during the high street lockdown. Minimum hourly pay for Argos workers outside London will rise from £9.00 to £9.50 from March, and …

Sainsbury’s and Argos workers to get pay rise and third Covid bonus | J SainsburyRead More

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