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Tag: operation

States start issuing notification allowing full scale operation of e-commerce firms, Retail News, ET Retail

Kolkata: At least four state governments including Maharashtra, Rajasthan, Tamil Nadu and Odisha issued notifications which will allow e-commerce sales of all goods, including the non-essential categories, from April 20 in the second phase of lockdown. Few other states like Karnataka, Telangana and Haryana too are evaluating it due to pent up demand for products …

States start issuing notification allowing full scale operation of e-commerce firms, Retail News, ET RetailRead More

Lockdown to impact Indian operation but focus on providing goods: Metro Cash & Carry

Germany’s Metro Cash & Carry on Tuesday said the lockdown will have financial impact on its Indian operations, but its focus will be to ensure there is no shortage of food and grocery supplies to kirana stores. According to a PTI report: Hailing the government’s decision to extend the lockdown till May 3, Metro Cash …

Lockdown to impact Indian operation but focus on providing goods: Metro Cash & CarryRead More

Pivotal moment for retail as Next shuts online operation

Following the decision by UK clothing retailer Next to shut its online operations down, Patrick O’Brien, UK Retail Research Director at GlobalData, a leading data and analytics company, offers his view: “Next’s decision is likely to reverberate across the retail industry – and many warehouse workers at other retailers will question why they have not …

Pivotal moment for retail as Next shuts online operationRead More

Ikea profits fall 10% as retailer invests in online operation | Business

Ikea’s profits have fallen nearly 10% as the world’s largest furniture retailer stepped up its spending on renewable energy and its growing online operation. Ingka Group, the holding company that runs the majority of Ikea stores, said operating profit fell to €2bn (£1.7bn) in the year to the end of August despite a 5.3% rise …

Ikea profits fall 10% as retailer invests in online operation | BusinessRead More