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Tag: slowdown

How restaurants can beat the slowdown and connect with customers

India’s Food Service Industry has had an exciting decade with new restaurant concepts, penetration into smaller towns, growth in the delivery business and the entry of new international brands. However, the industry has not escaped the overall slowdown in the economy and has felt its negative impact on consumption over the last six months. But …

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Chinese shoppers set new ‘Singles’ Day’ spending record, Retail News, ET Retail

SHANGHAI: Chinese consumers spent a record amount on Alibaba platforms Monday during the annual “Singles’ Day” buying spree, the world’s biggest 24-hour shopping event, which kicked off this year with a glitzy show by US singer Taylor Swift. The country’s leading e-commerce firm said that by late afternoon the amount of goods bought surpassed the …

Chinese shoppers set new ‘Singles’ Day’ spending record, Retail News, ET RetailRead More