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Tag: remain

Redundancies at Waterstones HQ as some stores remain shut

Waterstones said it is currently in consultation with those affected // Waterstones making HQ job cuts // Some stores have remained shut following lockdown // The number of redundancies have remained undisclosed Waterstones has reportedly warned that it is making a number of redundancies at its London Piccadilly head office. The books and gifting retailer …

Redundancies at Waterstones HQ as some stores remain shutRead More

Grocery shopping frequency declines as pandemic concerns remain high

Consumers are shopping for groceries less but spending more than they did pre-pandemic. That’s according to the ninth COVID-19 grocery shopper research report from Acosta, which found that shopping once a week has declined 20% since the pandemic began, from 67% of shoppers to 47% of shoppers. The report also found that shoppers’ concerns about …

Grocery shopping frequency declines as pandemic concerns remain highRead More

Investments for building long-term presence in India remain intact: Coca-Cola

Beverage major Coca-Cola’s long-term investment plans in India remain intact despite coronavirus-induced economic turbulence, a key company executive said. Accordingly, the beverage major is expected to complete the earlier announced US$ 5 billion investment this year for creation of retail infrastructure, bottling plants and introduction of new products, amongst others. Since its re-entry into India …

Investments for building long-term presence in India remain intact: Coca-ColaRead More

Current business environment, consumer sentiment remain volatile but cautiously optimistic about future: Marico

Homegrown FMCG major Marico Ltd on Friday said the current business environment and consumer sentiment remain volatile but it remains cautiously optimistic about the future, which however will depend on the extent of the spread of COVID-19 in India and overseas and the response to it. According to a PTI report: Sharing a quarterly update, …

Current business environment, consumer sentiment remain volatile but cautiously optimistic about future: MaricoRead More

Retailers need to instill confidence among APAC consumers to remain relevant in post COVID-19 world, says GlobalData

As China and other markets across the Asia-Pacific (APAC) region continue to grapple with the COVID-19 pandemic, there is a visible difference in how consumer spending has changed over the course of the first half (H1) of 2020 due to the economical and psychological impacts of the virus. Against the backdrop, retailers need to instill …

Retailers need to instill confidence among APAC consumers to remain relevant in post COVID-19 world, says GlobalDataRead More

E-commerce gives a big boost to home fitness accessories as gyms remain shuttered, Retail News, ET Retail

BENGALURU: Sports goods retailers such as Decathlon and marketplaces Flipkart, Amazon and Snapdeal have seen a surge in online sale of fitness equipment amid the Covid-19 lockdown. E-commerce has edged over physical stores in selling equipment such as dumbbell kits, yoga mats and push-up bars with closure of gyms and outdoor exercises pacing the consumers …

E-commerce gives a big boost to home fitness accessories as gyms remain shuttered, Retail News, ET RetailRead More

UK retailers remain gloomy about quick post-lockdown bounce back | Business

Britain’s retailers are downbeat about the prospects of a rapid bounce back in business after the easing of Covid-19 restrictions, the CBI has reported. Despite the reopening of non-essential stores from 15 June, retailers fear that a lack of demand and a continued absence of staff due to school closures will leave sales in July …

UK retailers remain gloomy about quick post-lockdown bounce back | BusinessRead More

Australian stocks remain in freefall as coronavirus panic drives market down 10% for week | World news

Coronavirus panic has stripped almost 10% from the value of Australian stocks over the past week amid fears the outbreak could dent a global economy already struggling with persistently low growth. Any potential hit to the Australian economy will further deepen damage done by bushfires and floods that have ravaged the east coast in recent …

Australian stocks remain in freefall as coronavirus panic drives market down 10% for week | World newsRead More

Tanger rides strong Q4 to remain stable in 2019

Get great content like this right in your inbox. Subscribe Tanger Outlets recaptured almost 200,000 sq. ft. of retail space at its centers in 2019 due to bankruptcies and brand-wide restructurings. But a strong fourth quarter lifted its portfolio-wide occupancy rate to 97%, slightly ahead of how it ended last year, according to the company’s …

Tanger rides strong Q4 to remain stable in 2019Read More

Tanger rides strong Q4 to remain stable in 2019

Get great content like this right in your inbox. Subscribe Tanger Outlets recaptured almost 200,000 sq. ft. of retail space at its centers in 2019 due to bankruptcies and brand-wide restructurings. But a strong fourth quarter lifted its portfolio-wide occupancy rate to 97%, slightly ahead of how it ended last year, according to the company’s …

Tanger rides strong Q4 to remain stable in 2019Read More