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Tag: chains

FMCG firms report sales growth in June as supply chains stabilise

Several FMCG companies have reported sales growth in June and expect the momentum to continue in Unlock 2.0, though some challenges persist. According to a PTI report: Firms such as Godrej Consumer Products Ltd (GCPL) and Marico expect overall growth in the April-June quarter, which was severely impacted due to the coronavirus lockdown. GCPL expects …

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Big restaurant chains are recovering faster, analysts say

Big restaurant chains have largely recovered from the coronavirus pandemic, but the rest of the industry is taking longer to bounce back, according to a Bank of America study. Analysts Gregory Francfort and JonMichael Shekian used aggregated transaction data from Bank of America credit and debit card holders to analyze consumers’ restaurant spending habits. On July 1, …

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The pandemic has exposed the dark underside of fast fashion’s supply chains | Niloufar Haidari | Opinion

Aren’t you so over lockdown life? I am. After three months of “namastaying-inside” wearing my crop-top ensembles and glamming up on the weekends for Zoom drinks with my besties, I was more than ready to step outside last weekend. No, this isn’t something I made up: namastay-inside is a phrase recently coined by the fast …

The pandemic has exposed the dark underside of fast fashion’s supply chains | Niloufar Haidari | OpinionRead More

Restaurant chains that received millions in PPP loans during coronavirus crisis

A statue of a horse stands at the entrance to a P.F. Chang’s restaurant in Schaumburg, Illinois. Scott Olson | Getty Images Large restaurant chains once again received millions in loans from the Paycheck Protection Program, according to data released Monday by the Small Business Administration.  Businesses in the accommodation and food services sector received more …

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CGF board of directors and WHO COVID-19 Special Envoy emphasise need for global co-ordination in securing consumer product supply chains

The Consumer Goods Forum (CGF) board of directors today issued a statement emphasising the need for global coordination in securing food, beverage, hygiene and personal care product supply chains. The full statement is below: Food, beverage, hygiene and personal care products are essential to people’s daily existence through this pandemic. Today, around the world, the 400 member …

CGF board of directors and WHO COVID-19 Special Envoy emphasise need for global co-ordination in securing consumer product supply chainsRead More

Coronavirus unravels clothing supply chains, says GlobalData

Clothing supply chains are unravelling fast as the fallout from the novel coronavirus (COVID-19) outbreak hits retailers and manufacturers across the world, writes GlobalData. From initial concerns over the disruption to deliveries of clothing from China, where the outbreak began, the pandemic is now causing chaos throughout the entire supply chain. Quarantined workers, travel restrictions …

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Coronavirus wreaks havoc on retail supply chains globally

A container ship berthing at the port in Qingdao, in China’s eastern Shandong province. STR | AFP | Getty Images At first, U.S. retailers were most concerned about manufacturing facilities being disrupted by COVID-19 in China, where the virus originated. Now, in the midst of a global pandemic, this is a much bigger issue than …

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Multimodal 2020: Sustainability in supply chains takes centre stage

Sustainability issues within global supply chains will take centre stage at Multimodal 2020, the UK, Ireland, and Northern European freight transport, logistics and supply chain management event, which is set to take place for the 13th year running at the NEC in June. Commenting on the radical new approach to the event’s seminar programme, Rob …

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E-tailers to rejig supply chains on shortage fears, Retail News, ET Retail

BENGALURU: Amazon and Walmartowned Flipkart are scrambling to minimise the effect of Covid-19 on the supply chains for two of their largest categories — smartphones and large appliances. These account for about half of their sales, four people aware of the matter said. The virus would start affecting availability of consumer goods on these platforms …

E-tailers to rejig supply chains on shortage fears, Retail News, ET RetailRead More

Supply chains start to come back online in China: Retail trade group CEO

Some of the coronavirus-driven supply chain disruption in China is subsiding, National Retail Federation CEO Matthew Shay told CNBC on Thursday. Shay said he’s in touch with CEOs who have operations in the country and they tell him much of the needed inventory “is already pulled.” “It’s either on the water or in the ports or …

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