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Tag: covid

Covid-19: The effect on the shopping centre industry & what it’s doing to curb the impact

Pursuant to declaration of Covid-19 as a ‘pandemic’ by the World Health Organisation (WHO), Government of India (GOI) has invoked the provisions of Section 2 of the Epidemic Disease Act, 1897 in order to curb its spread. Further, as a precautionary measure, as required to arrest the spread, various state governments have ordered complete shut-down …

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Covid-19: Delivery-only restaurants unaffected, see uptick in orders

The coronavirus pandemic has affected the entire world and the restaurant industry is not immune to the impact. The multi-crore restaurant industry in India has been badly impacted as footfalls dipped to almost nil at most eateries across the nation and several others prepared to shut down. In the last two weeks, popular hangout places …

Covid-19: Delivery-only restaurants unaffected, see uptick in ordersRead More

Profit warnings from firms in Europe mount as Covid-19 bites | Business

A string of retailers, pub and restaurant groups in the UK and across the rest of Europe have issued profit warnings as the coronavirus pandemic takes a mounting corporate toll. Inditex, the Spanish retailer that owns chains including Zara, has taken a €287m provision in relation to the virus. The company, the world’s largest fashion …

Profit warnings from firms in Europe mount as Covid-19 bites | BusinessRead More

COVID-19 Impact: Uber Eats waives delivery fees for independent restaurants across US and Canada

Uber Eats will waive delivery fee for 100,000 independent restaurants across the United States and Canada. “As we face the uncertainty of this health crisis together with our restaurant partners, we are thinking about how best to support independent restaurants in the U.S. and Canada that have been most significantly affected,” said Janelle Sallenave, Head …

COVID-19 Impact: Uber Eats waives delivery fees for independent restaurants across US and CanadaRead More

COVID 19 Scare: Nordstrom to close all US stores

Apparel retailer Nordstrom withdrew its fiscal 2020 forecast and said it would close stores in the United States and Canada for two weeks due to the coronavirus pandemic. “The health and safety of our customers and employees remain our top priority as we continue to make decisions during this rapidly evolving situation. We’re taking decisive …

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The Guardian view on the UK’s Covid-19 economic plan: fine sentiment, but lacks details | Editorial | Opinion

Britain has finally declared war on Covid-19. Ministers say that the science left them no alternative but to fight. This was never a war of choice. The virus is no ordinary foe. It knows no borders. Having found a human host somewhere in the Chinese city of Wuhan a few months ago, the virus has …

The Guardian view on the UK’s Covid-19 economic plan: fine sentiment, but lacks details | Editorial | OpinionRead More

Coronavirus (COVID-19) Update: A Special Message to RetailNext Customers

Mar 13 2020 Alexei Agratchev CEO With global attention on the COVID-19 outbreak, we here at RetailNext wanted to reach out with some important information to help our customers and their teams navigate through this difficult and confusing time.  In addition to making …

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Luxury Brands’ Three Best Practices In Coping With COVID-19

The COVID-19 outbreak is taking a toll on the global luxury industry that is heavily dependent on the spending of Chinese shoppers at home and abroad. In spite of difficulties, leading luxury brands responded quickly to the crisis and took positive initiatives in brand communication, customer engagement, and digital marketing. Best Practice No. 1: Increase …

Luxury Brands’ Three Best Practices In Coping With COVID-19Read More

UPDATED Coronavirus round-up: the retail response to Covid-19

We’re rounding up the latest on the coronavirus as we look to understand how the response to the disease is affecting the way shoppers buy – and how multichannel and ecommerce retailers can respond to that. Today’s update comes as 116 people have been diagnosed with coronavirus in the UK, and one person has died. …

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