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Tag: impact

Coronavirus Impact: ‘Fashion, grocery may take one year to recover’

At a webinar hosted by Retailers Association of India (RAI) and Trust for Retailers and Retail Associates of India (TRRAIN) on Monday – in which top industry associations Retailers Association of India (RAI), National Restaurant Association of India (NRAI) and The Clothing Manufacturers Association of India (CMAI) – participated, it was said that clothing, dining out and …

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COVID-19 Impact: Amazon hiring for additional 75,000 jobs

Amazon.com said on Monday it would hire 75,000 more people for jobs ranging from warehouse staff to delivery drivers as the coronavirus epidemic keeps Americans locked in their homes and demand for online orders surge. On March 16, Amazon announced that it would make 100,000 full-and part-time hires across operations network to keep as many …

COVID-19 Impact: Amazon hiring for additional 75,000 jobsRead More

Q&A With Pranav Tyagi on How Retailers Can Survive the Coronavirus Impact

Within the last month, thousands of retailers have closed their brick-and-mortar doors to consumers to minimize the risk of spreading the coronavirus. While a necessary move, the implications include enormous losses in revenues and the likelihood of employee layoffs, which is forcing retailers to quickly adapt to survive. To remain competitive, Pranav Tyagi, CEO of …

Q&A With Pranav Tyagi on How Retailers Can Survive the Coronavirus ImpactRead More

Toast, $5 billion start-up, reeling from coronavirus restaurant impact

A sign hangs on the door of a shuttered restaurant in the Chicago Loop on March 19, 2020 in Chicago, Illinois. Scott Olson | Getty Images When the calendar turned to 2020, Toast was one of the hottest names in technology. Shares of the privately held company, which makes software for restaurants, were in high …

Toast, $5 billion start-up, reeling from coronavirus restaurant impactRead More

Impact of Covid-19 on supply chain business in retail sector

Covid-19 continues to impact the economies worldwide, severely hitting the businesses and services. As several cities and countries observe absolute lockdown, its strong ripple effects are jolting the supply chain business. “Coronavirus took the world by surprise, and the full impact of the pandemic on supply chains is still hard to predict. However, one of …

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impact of coronavirus on ecommerce deliveries

Bengaluru: India’s top online grocers and e-retailers said they have restored operations in larger cities but are still hobbled by the massive backlog of orders and shortage of workers triggered by the ongoing nationwide lockdown to stem the tide of Covid-19. E-grocers BigBasket and Grofers, ecommerce firms Amazon and Flipkart, as well as B2B platforms …

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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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Coronavirus Impact: Multiplexes to seek relief from Centre

Battered by the coronavirus outbreak in the country, the multiplex industry in India is expected to approach the Centre for a relief package, including deferment of certain taxes. At present, the sector is one of the worst hit by the coronavirus (Covid-19) pandemic. While footfalls had started to recede from February-end due to the lean …

Coronavirus Impact: Multiplexes to seek relief from CentreRead 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

Coronavirus Impact: Restaurant industry hit as footfall dips, several outlets also shut down

Among the businesses being hit due to the coronavirus outbreak in India is the multi-crore restaurant industry, as footfall dipped at most joints, and several others prepared to shut down. According to a PTI report: In the last two weeks, popular hangout places, which would otherwise be at full capacity, especially during weekends and ladies …

Coronavirus Impact: Restaurant industry hit as footfall dips, several outlets also shut downRead More