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Tag: companies

‘Retail companies are not built to have their stores closed’

Emanuel “Manny” Chirico, CEO, PVH Scott Mlyn | CNBC With stores closed, the retail industry is struggling with inventory piling up in warehouses and no place to sell it, the head of the company that owns such names as Calvin Klein and Tommy Hilfiger told CNBC on Wednesday. “Retail companies are not built to have …

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Companies work on transforming to online, home delivery model, Retail News, ET Retail

KOLKATA|BENGALURU: Leading retailers, ecommerce firms and restaurants said they are bracing up for a surge in home deliveries and online sales for six months as consumers are unlikely to step out. Their plans include hiring delivery personnel, training existing store staff for ecommerce business and building more warehouses. Walmart-owned Flipkart is in the process of …

Companies work on transforming to online, home delivery model, Retail News, ET RetailRead More

Retail sector companies turn to masks, gloves in coronavirus fight, Retail News, ET Retail

By : Noor Zainab Hussain & Shariq Khan Major U.S. retail sector companies on Thursday moved to allay health and safety concerns of staff working at warehouses and stores through the coronavirus pandemic by promising face masks, gloves and sanitizers. Amazon.com Inc said it would roll out temperature checks and face masks for staff at …

Retail sector companies turn to masks, gloves in coronavirus fight, Retail News, ET RetailRead More

Which companies are coming through during the coronavirus crisis? | Business

The dramatic effect of the coronavirus on the British economy has posed serious challenges for the country’s companies and their employees. Some have been applauded for their actions – making donations to health workers, for instance – while others have quickly fallen foul of politicians, the public and their own workers. Here is a list …

Which companies are coming through during the coronavirus crisis? | BusinessRead More

Govt launches helpline for e-comm companies, Retail News, ET Retail

NEW DELHI: Commerce and industry minister Piyush Goyalon Thursday held a discussion with e-commerce and logistics sectors to sort out issues faced by online retailers in delivering essential goods during the coronavirus lockdown. “We are committed to ensuring that essential goods reach the people in the most-convenient and safest manner,” the minister tweeted. The move …

Govt launches helpline for e-comm companies, Retail News, ET RetailRead More

Facing curbs, ecommerce companies Flipkart and Amazon halt pickups from vendors, Retail News, ET Retail

Bengaluru | New Delhi: Online and offline retailers across the country faced severe disruptions affecting the supply of essential goods as authorities cracked down by closing warehouses and stores as India intensifies its bid to curtail the virulent spread of Covid-19. Even as the country’s largest ecommerce marketplaces Flipkart and Amazon temporarily suspended logistics services …

Facing curbs, ecommerce companies Flipkart and Amazon halt pickups from vendors, Retail News, ET RetailRead More

E-commerce companies face disruption as India locks down to curb coronavirus, Retail News, ET Retail

By Aditya Kalra and Sankalp Phartiyal NEW DELHI – E-commerce and online groceries faced disruption to their warehouse and delivery operations in India on Monday as dozens of cities including New Delhi went into a lockdown to tackle the spread of coronavirus, industry executives said. At least 75 districts across India were under lockdown to …

E-commerce companies face disruption as India locks down to curb coronavirus, Retail News, ET RetailRead More

At least 150 companies have warned investors

David Paul Morris | Bloomberg | Getty Images About 150 publicly traded companies have warned investors of the threat COVID-19 poses, with several anticipating they’ll miss guidance for the March quarter.  The new coronavirus was first discovered in December in China. At first, several companies had to suspend their supply chains or temporarily close brick-and-mortar …

At least 150 companies have warned investorsRead More

Govt seeks views from ecommerce companies over digital trade policy, Retail News, ET Retail

New Delhi, Mar 21: The government today sought inputs from leading e-commerce companies to help frame a policy framework to govern the sector. A meeting was held today with representatives of companies like Flipkart, Snapdeal, Wipro, and industry bodies Nasscom, CII and FICCI as well as officials from RBI and NPCI to discuss various issues, …

Govt seeks views from ecommerce companies over digital trade policy, Retail News, ET RetailRead More

Ecommerce companies plan to double or triple fleet of delivery agents, Retail News, ET Retail

MUMBAI|NEW DELHI: Ecommerce companies are looking to strengthen the last human link in the supply chain — delivery staff — as competition intensifies amid growing volumes and expanding business. The demand for such workers has skyrocketed with firms looking to double or triple their fleet of delivery agents. Companies such as Flipkart, Big-Basket, Swiggy, 1mg, …

Ecommerce companies plan to double or triple fleet of delivery agents, Retail News, ET RetailRead More