world news Tanishq announces to open its 328 stores across the country in a phased manner By retail.economictimes.indiatimes.com Published On :: 2020-05-09T14:16:37+05:30 The company will continue to strictly comply with all government rules while reopening and running operations at the store. The company plans to reopen first 50 stores by 10th May, 2020. Full Article
world news Ecommerce: Covid-19 highlights the urgent need to digitise the supply chain By retail.economictimes.indiatimes.com Published On :: 2020-05-09T14:19:42+05:30 Companies need to come up with strategies to keep the lights on, both by keeping control on the cash burn as well as generating revenue in these difficult times. Full Article
world news Restaurants ready to take back control, go digital to serve customers directly By retail.economictimes.indiatimes.com Published On :: 2020-05-09T14:35:16+05:30 Expressing the sentiments of the industry, the National Restaurant Association of India (NRAI) said the 'logout' movement cemented the belief that the industry needed to take back control. Full Article
world news Slow start to retail opening By retail.economictimes.indiatimes.com Published On :: 2020-05-09T16:31:50+05:30 According to officials, retail demand started to build up gradually. In some cases, people were completing prelockdown transactions and others new ones. Full Article
world news Delhi govt issues 4.75 lakh e-tokens to buy liquor By retail.economictimes.indiatimes.com Published On :: 2020-05-09T16:36:39+05:30 Under the e-token system, customers are given specific time for purchasing alcohol so that there is no violation of social distancing norms by people queuing up outside liquor stores. Full Article
world news Indian retail sector lost Rs 5.50 lac cr in the last 40 days: CAIT By retail.economictimes.indiatimes.com Published On :: 2020-05-05T13:03:32+05:30 Covid-19 has caused a huge irreparable dent in Indian retail trade which will have a devastating effect on the whole country said CAIT National President BC Bhartia and Secretary General Praveen Khandelwal. Full Article
world news India’s jobless rate jumps to 27.1%, survey says By retail.economictimes.indiatimes.com Published On :: 2020-05-05T14:25:48+05:30 The data could get worse, which “should be expected as the lockdown continues to get prolonged,” CMIE chief said. “Initially, a lockdown only hurts the most vulnerable labor that is informally employed in unorganized sectors. Gradually, it starts hitting the more secure jobs. Startups have announced lay-offs and industry associations have warned of job losses.” Full Article
world news FMCG to apparel, discounts to make a comeback soon By retail.economictimes.indiatimes.com Published On :: 2020-05-06T08:30:50+05:30 Deals on grocery and FMCG had evaporated days before lockdown in March last week when panic buying had started. Full Article
world news Shops to provide cash withdrawal against UPI By retail.economictimes.indiatimes.com Published On :: 2020-05-06T08:36:05+05:30 Allowing shopkeepers to provide cash is expected to reduce the burden on the banking system amid the lockdown. Depositors do not need to queue up at bank branches or ATMs for withdrawal if their neighbourhood merchant provides cash. Full Article
world news Hiring activity sees decline of 62% in April 2020 compared to April 2019: Naukri JobSpeak By retail.economictimes.indiatimes.com Published On :: 2020-05-06T12:28:40+05:30 The Naukri JobSpeak is a monthly Index which calculates and records hiring activity based on the job listings on Naukri.com website month on month. The objective is to measure the hiring activities in various industries, cities, functional areas and experience levels. Full Article
world news Most employers keen to retain existing workforce amid COVID-19 crisis, says survey By retail.economictimes.indiatimes.com Published On :: 2020-05-06T12:49:19+05:30 According to staffing company Genius Consultants '9th Hiring, Attrition and Compensation Trend 2020-21', around 81 per cent of the respondents have shown interest to carry on with existing manpower and retaining them. Full Article
world news 93% of employees stressed about returning to office post lockdown: Survey By retail.economictimes.indiatimes.com Published On :: 2020-05-06T15:31:43+05:30 The survey was conducted by MindMap Advance Research with 560 India Inc. employees across small, medium and large enterprises in major metro cities of Delhi-NCR, Mumbai and Bengaluru. Full Article
world news Govt fast-tracks new definition of MSMEs By retail.economictimes.indiatimes.com Published On :: 2020-05-07T08:26:22+05:30 The plan, which has been in the works for months, is likely to be part of the stimulus package, that is expected to be announced shortly. Full Article
world news MSMEs need govt push to benefit from comparative advantage over China-made consumer goods: Report By retail.economictimes.indiatimes.com Published On :: 2020-05-07T13:52:38+05:30 It further said that although 2020 is a lost year, in terms of trade, India can think long-term and build relations so that it can occupy the space vacated by China. Full Article
world news Talent demand for remote jobs to rise post-Covid-19 lockdown: TimesJobs survey By retail.economictimes.indiatimes.com Published On :: 2020-05-07T14:40:14+05:30 The survey which covered over 1,300 HR professionals across sectors, aimed to understand the impact of the lockdown on the country’s employment scenario. More than 72% hiring managers said companies are devising new job roles that will be limited to remote working only. Full Article
world news Business services of the future: More digital, more intelligent By retail.economictimes.indiatimes.com Published On :: 2020-05-07T16:07:20+05:30 Multinational companies in various industries have pursued value creation opportunities by deploying these global business services (GBS) model to build a differentiator in the market. Full Article
world news Micro enterprises best placed to help economy come out of COVID-19 crisis: Report By retail.economictimes.indiatimes.com Published On :: 2020-05-07T17:27:40+05:30 The economy has been severely impacted due to the COVID-19 pandemic but the government and policymakers are looking for segments that are in the best position to help revive the economic activity the quickest. Full Article
world news With little to cheer, companies cut festive spend By retail.economictimes.indiatimes.com Published On :: 2020-05-08T08:32:31+05:30 Production cuts will be most in premium product portfolio as companies expect consumers to curb discretionary spending as the impact of the Covid-19. Manufacturing orders fall by up to 40% year on year as they expect much of current stock to remain unsold till then, company executives said. Full Article
world news CAIT flags traders' inability to pay full salary for April, seeks Goyal's intervention By retail.economictimes.indiatimes.com Published On :: 2020-05-08T08:32:11+05:30 In a letter to Finance Minister Nirmala Sitharaman on Wednesday, CAIT had urged the government to allow traders to pay salaries as per a mutual agreement between the employer and the employee or allow them to pay 30 per cent of the salary to meet their livelihood needs. Full Article
world news Startups like Oyo, Zomato offer more Esops to staff to ease pay cut pain By retail.economictimes.indiatimes.com Published On :: 2020-05-08T08:36:46+05:30 In April, Zomato initiated a voluntary salary reduction programme, which also offers affected employees’ additional stock in lieu of the cash cut from their pay cheques. Full Article
world news MSME sector on verge of collapse: Nitin Gadkari By retail.economictimes.indiatimes.com Published On :: 2020-05-08T08:53:48+05:30 He said the position of MSMEs was "worst" as they were now engaged in a "battle for their survival". Full Article
world news Retail inflation eased to five-month low in April: Poll By retail.economictimes.indiatimes.com Published On :: 2020-05-08T11:48:19+05:30 The May 5-7 poll median of more than 40 economists predicted India's annual consumer price inflation fell to 5.68% in April from March's 5.91%, still above the Reserve Bank of India's medium-term target of 4.00%. Full Article
world news Apparel, jewellery, electronic retailers to roll out store-on-wheels; launches virtual tour of stores By retail.economictimes.indiatimes.com Published On :: 2020-05-09T08:22:01+05:30 “The idea of store-on-wheels is that customers should not feel suffocated that they can’t go out and shop, and feel the same pleasure right at their doorsteps,” said Vishnu Prasad, managing director of Future Lifestyle Fashions that owns Central and Brand Factory. Full Article
world news Lockdown exit plan for May 17: Govt may ready negative list of prohibited activities By retail.economictimes.indiatimes.com Published On :: 2020-05-09T08:50:29+05:30 A negative list will clearly spell out what’s not allowed, allowing other activities to resume. Full Article
world news Silver lining for jobseekers as edtech, pharma, e-commerce, logistics sectors to continue hiring By retail.economictimes.indiatimes.com Published On :: 2020-05-09T16:26:32+05:30 Recruitment experts at Manpower, KellyOCG, PeopleStrong, and Xpheno predict that even as many sectors see widespread layoffs, there will be a silver lining in sectors like edtech, ecommerce/internet, transport and logistics, as well as pharma that continue to hire. Full Article
world news Amazon, Future Group in talks over Future Retail stake sale By retail.economictimes.indiatimes.com Published On :: 2020-05-08T09:02:10+05:30 The move came after Future group firms defaulted on loans taken against the pledged shares of Future Retail in March, which also impacted its share price. Full Article
world news With little to cheer, companies cut festive spend By retail.economictimes.indiatimes.com Published On :: 2020-05-08T08:32:31+05:30 Production cuts will be most in premium product portfolio as companies expect consumers to curb discretionary spending as the impact of the Covid-19. Manufacturing orders fall by up to 40% year on year as they expect much of current stock to remain unsold till then, company executives said. Full Article
world news Grooming products flying off E-commerce shelves By retail.economictimes.indiatimes.com Published On :: 2020-05-08T08:25:18+05:30 Demand for razors, epilators, trimmers and hair colour soars on ecomm platforms during the lockdown Full Article
world news JioMart wants you to buy small and buy often By retail.economictimes.indiatimes.com Published On :: 2020-05-08T08:58:06+05:30 Currently, owing to the ongoing lockdown, kirana (corner) stores on JioMart serve limited inventory. But that will be a thing of the past once restrictions are lifted. Full Article
world news With 45 pc of national intake, southern states draw 10-15 pc revenue from liquor: Report By retail.economictimes.indiatimes.com Published On :: 2020-05-08T08:13:14+05:30 The five southern states of Andhra Pradesh, Telangana, Tamil Nadu, Karnataka and Kerala together consume as much as 45 per cent of all liquor sold in the country, the report by Crisil said. While Tamil Nadu and Kerala top the list in revenue percentage terms at 15 per cent each, for Kerala the tax on liquor is its single largest revenue source. Full Article
world news Global luxury goods sales to slide up to 35% - study By retail.economictimes.indiatimes.com Published On :: 2020-05-08T15:45:16+05:30 The coronavirus crisis is expected to lead to a spate of mergers and acquisitions of weakened brands, the closure of single-brand stores and reshaping of already suffering U.S. department stores, D'Arpizio said. Customers are also likely to emerge from global lockdowns with a new set of priorities. Full Article
world news Apparel, jewellery, electronic retailers to roll out store-on-wheels; launches virtual tour of stores By retail.economictimes.indiatimes.com Published On :: 2020-05-09T08:22:01+05:30 “The idea of store-on-wheels is that customers should not feel suffocated that they can’t go out and shop, and feel the same pleasure right at their doorsteps,” said Vishnu Prasad, managing director of Future Lifestyle Fashions that owns Central and Brand Factory. Full Article
world news White goods retailers in state seek nod to restart operations By retail.economictimes.indiatimes.com Published On :: 2020-05-09T08:07:53+05:30 Major retail chains including Viveks, Shahs, Girias, Vasanth and Co are among the signatories of the letter, which fears job losses might start impacting one lakh of families, besides a steep drop in direct and indirect tax revenues to the state. Full Article
world news Karnataka allows pubs, bars to also sell liquor from Saturday By retail.economictimes.indiatimes.com Published On :: 2020-05-09T08:15:50+05:30 The order directed pubs, clubs, bars and lodges to allow only one customer to enter their respective premises at a time and leave soon after purchasing liquor at the maximum retail price (MRP). Full Article
world news Silver lining for jobseekers as edtech, pharma, e-commerce, logistics sectors to continue hiring By retail.economictimes.indiatimes.com Published On :: 2020-05-09T16:26:32+05:30 Recruitment experts at Manpower, KellyOCG, PeopleStrong, and Xpheno predict that even as many sectors see widespread layoffs, there will be a silver lining in sectors like edtech, ecommerce/internet, transport and logistics, as well as pharma that continue to hire. Full Article
world news FirstCry's sales rise, as do its losses By retail.economictimes.indiatimes.com Published On :: 2016-12-27T09:03:54+05:30 FirstCry, run by Brainbees Solutions, posted net sales of `174 crore during FY15-16. The company had net sales of `118 crore with net losses were ` 63 crore a year ago. Full Article
world news Johnson & Johnson to buy Actelion for $30 b By retail.economictimes.indiatimes.com Published On :: 2017-01-27T09:19:44+05:30 J&J, already the world's biggest maker of health-care products, is fulfilling its goal of gaining a new drug category with the transaction and dealing a blow to France's Sanofi, which had also courted Actelion. Full Article
world news Himalaya launches exclusive mom and baby store to take on market leader Johnson & Johnson By retail.economictimes.indiatimes.com Published On :: 2017-04-24T16:08:50+05:30 The Bengaluru-based company plans to open 25 such 600-1000 square feet stores over a span of 12 months. Full Article
world news Himalaya aims Rs 1,000 cr turnover from baby, mom care products By retail.economictimes.indiatimes.com Published On :: 2017-05-01T10:51:47+05:30 The company, which reported Rs 500-crore turnover from its babycare portfolio last fiscal, recently opened its first exclusive 'moms & babies' shop in Bengaluru. Full Article
world news FirstCry to open its boutique store pop-up model across 300 franchisee outlets By retail.economictimes.indiatimes.com Published On :: 2017-05-15T09:07:08+05:30 The company has also built up an auto referencing system for its stores to stock inventory based on target group and purchasing power of customers in a given location. Full Article
world news U-Grow - the European baby and mother care brand now in India By retail.economictimes.indiatimes.com Published On :: 2017-07-15T08:17:14+05:30 The European baby care brand is planning to invest USD 2 million in the country to build their brand in addition to the launch of more than 80 products in the market. Full Article
world news The Moms Co gets Rs 6.5 crore from DSG and Saama By retail.economictimes.indiatimes.com Published On :: 2017-09-18T14:20:46+05:30 The Moms Co makes natural, certified toxin-free skin and food products across mother and baby care categories. Full Article
world news FirstCry now in talks to raise Rs 666 crore By retail.economictimes.indiatimes.com Published On :: 2017-09-28T08:41:51+05:30 Brainbees Solutions, the owner of online baby products retailer, looks for a valuation of $400-500 million in a new round of fundraising Full Article
world news FirstCry parent's revenue rises to Rs 239 crore in FY17 By retail.economictimes.indiatimes.com Published On :: 2017-10-30T09:13:47+05:30 The total revenue was Rs 239 crore for the period, a jump from Rs 173 crore the year before. Full Article
world news Consumer plea to ban baby powder By retail.economictimes.indiatimes.com Published On :: 2017-11-18T13:10:00+05:30 Taking up a hearing on the petition filed by an advocate on Friday, the forum posted the matter to December 19, asking the company to file a counter. Citing several research studies and lawsuits filed against J&J globally Full Article
world news Toonz Retail plans to invest Rs 30-50 crore in expansion By retail.economictimes.indiatimes.com Published On :: 2017-11-21T16:01:58+05:30 Currently, Toonz Retail runs 107 stores across India and in the coming year it is looking to come up with stores in Rajkot, Raiberali, Lucknow among other cities. Full Article
world news FirstCry may acquire Mothercare franchisee rights from DLF brands By retail.economictimes.indiatimes.com Published On :: 2018-01-17T08:23:47+05:30 Mothercare is the latest brand after Mango, Forever 21and Sephora among other global labels to change hands from DLF Brands. Full Article
world news Reliance Brands pips FirstCry.com to acquire Mothercare India rights By retail.economictimes.indiatimes.com Published On :: 2018-02-06T07:57:13+05:30 Mothercare is the latest brand after Mango, Forever 21 and Sephora, among other global labels, to change hands from DLF Brands. Full Article
world news TheMomsCo launches baby care range, to expand offline presence By retail.economictimes.indiatimes.com Published On :: 2018-03-21T13:23:14+05:30 The range has been launched offline as well through its 4 brand stores in premium hospitals across Delhi and NCR. Full Article
world news SoftBank looks to nurture baby care brand FirstCry By retail.economictimes.indiatimes.com Published On :: 2018-10-24T08:04:28+05:30 The deal, if successful, will value FirstCry — which retails baby care products both online and offline — at about $800-900 million. Full Article