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Category: India Retail News

4 ways retailers can strengthen supply chain infrastructure for the festive season

This has been a tough year for retail business of all kinds. While the e-commerce giants did continue with deliveries of essentials and were able to recoup almost as soon as the COVID 19 restrictions were lifted, offline retailers still had a big issue with keeping a rolling inventory and catering to customer demand. But …

4 ways retailers can strengthen supply chain infrastructure for the festive seasonRead More

The Hut Group spends more than £300m on acquisitions | Business

The Hut Group, the online retail company run by the billionaire Matthew Moulding, has spent more than £300m on acquisitions as it continues aggressive expansion plans after listing on the stock market. It is buying Dermstore.com, an online skincare retailer, from the US retail chain Target for $350m (£259m). It is also spending almost £60m …

The Hut Group spends more than £300m on acquisitions | BusinessRead More

Third-party sales up 50% globally on Amazon during holiday season, Retail News, ET Retail

New York, As online shopping boomed this year amid Covid-19, Amazon has said that this holiday season has been the best ever for independent businesses selling on the marketplace with worldwide sales growing over 50 per cent compared to the same time period last year. Nearly all of third-party sellers are small and medium-sized businesses, …

Third-party sales up 50% globally on Amazon during holiday season, Retail News, ET RetailRead More

Retailers registering steady recovery driven by festive shopping: RAI Survey

Retailers Association of India (RAI) released their latest Retail Business Survey which indicated a steady month-on-month recovery for retail businesses across India, with sales in November 2020 being 13 per cent short of the sales during the corresponding period last year. Retailers across sectors are hopeful of achieving about 85% of pre-pandemic level in business in the next six months. …

Retailers registering steady recovery driven by festive shopping: RAI SurveyRead More

How Covid derailed Olive Garden’s success

When you think of free breadsticks, unlimited salad and pounds of pasta, one name comes to mind — Olive Garden. But the Italian eatery, known for its $5 take-home meal, has fallen on hard times as the coronavirus pandemic has wreaked havoc on the restaurant industry. In December, Darden Restaurants reported Olive Garden’s fiscal second-quarter …

How Covid derailed Olive Garden’s successRead More

The pandemic has been good to big US retail firms – to their workers, less so | Retail industry

Something doesn’t add up in the United States. Profits at retail companies are booming due to the Covid-19 pandemic. But the retail workers who have ensured those profits while facing serious health risks, are being rewarded with paltry pay rises. Take Amazon for instance. In just three financial quarters of 2020, the company has earned …

The pandemic has been good to big US retail firms – to their workers, less so | Retail industryRead More

Amazon invests Rs 11,400 crore in India in FY20, Retail News, ET Retail

NEW DELHI: US e-commerce giant Amazon has pumped in over Rs 11,400 crore (about $1.5 billion) during FY2019-20 across its marketplace, payments and wholesale business units in India to bolster its position in the country’s burgeoning digital commerce market. The investments have been made even though most of the Amazon’s business units in India registered …

Amazon invests Rs 11,400 crore in India in FY20, Retail News, ET RetailRead More

COVID-19 compels Food & Grocery Industry to re-imagine innovation

It’s been exactly one year since the first Coronavirus case was reported in China, yet the pandemic continues to impact both industries and consumers across the world at an unprecedented scale. Just like other industries, the Fast Moving Consumer Goods segment has been no exception to this reality and has witnessed significant disruption over the …

COVID-19 compels Food & Grocery Industry to re-imagine innovationRead More

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