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Tag: income

Retail malls may see 10-12 percent decline in rental income due to coronavirus lockdowns: Report

India’s retail malls would see a temporary 10-12 percent erosion of their rental income due to the lockdown imposed to contain the spread of coronavirus, a report said. The report by India Ratings said that the commercial office segment is likely to be least affected in the near term, given the stability of cash flows …

Retail malls may see 10-12 percent decline in rental income due to coronavirus lockdowns: ReportRead More

CAIT calls for special income tax slab for traders, Retail News, ET Retail

New Delhi : Urging the government for keeping the trading community on priority list, the Confederation of All India Traders (CAIT) said on Thursday that the upcoming Union Budget should introduce a special income tax slab for the traders. In a statement, CAIT Secretary General Praveen Khandelwal said that the government should also review the …

CAIT calls for special income tax slab for traders, Retail News, ET RetailRead More

Moody’s: Operating income of department stores in 2019 to be down about 20%

Another dismal year for U.S. department stores will accelerate change in 2020. That’s according to a new report from Moody’s Investors Service, which said that despite strength in most other sectors of the retail industry in 2019, department stores lost momentum in 2019, with operating income for the year projected to be down about 20%. …

Moody’s: Operating income of department stores in 2019 to be down about 20%Read More

Moody’s: Operating income of department stores in 2019 to be down about 20%

Another dismal year for U.S. department stores will accelerate change in 2020. That’s according to a new report from Moody’s Investors Service, which said that despite strength in most other sectors of the retail industry in 2019, department stores lost momentum in 2019, with operating income for the year projected to be down about 20%. …

Moody’s: Operating income of department stores in 2019 to be down about 20%Read More

Gap’s Q3 income plunges amid falling sales; Old Navy spin-off plans move forward

Gap Inc.’s problems continued in the third quarter amid disappointing performances across all three of its divisions.   “This is a pivotal time for the company,” said Robert J. Fisher, during the company’s quarterly earnings call. Fisher, son of the founding family of Gap, was named interim president and CEO earlier this month following the departure of …

Gap’s Q3 income plunges amid falling sales; Old Navy spin-off plans move forwardRead More