RETAIL ASSOCIATION OF INDIA
Need uniform approach for reopening stores across India: Retailers Association of India
"Furthermore, states like Karnataka, Kerala and Tamil Nadu have prohibited stores from operating air-conditioners inside stores," it added.
Indian fashion industry on the verge of collapse
The Indian garment manufacturers have received virtually no orders from domestic fashion ret...
India's first Covid associated ADEM case cured in Gurgaon hospital
A 36-year-old labourer from Bihar was cured of ADEM at Medeor Hospital in ...
Xiaomi uses 'Made in India' banners to cover branding at stores
In the backdrop of the Sino-India border tension, the All India Mobile Retailers Association had written to Chinese mobile brands to highlight the threat of vandalism at offline stores by people amid calls for boycotting Chinese products in certain sections.
Banks have done nothing to help retailers, says Retailers Association
Banks have done "sweet nothing" to provide financing to retailers to tide over the lockdown crisis, and the government intervention is needed to avoid mass unemployment in the sector, according to RAI.
Malls see 77% degrowth in first half of June; consumer sentiment low: Report
As per the survey conducted by the Retailers Association of India (RAI) with participation of more than 100 big and small retailers, it was found that lockdown relaxations did not benefit retailers as there was no significant surge in their business.
Food and retail outlets in Delhi metro may get rental waiver
Most of the 400 outlets that include small kiosks, fine dining restaurants, fast food joints and retail stores, operate inside the metro stations depending solely on the 30 lakh passengers riding the metro daily. Delhi Metro has now been shut for three months and the outlets are running losses.
Retailers' association miffed at eco package, says emergent issues facing retailers not addressed
The retail industry, which contributes around 40 per cent to India's consumption and 10 per cent to India's gross domestic product, is severely stressed.
Reopening of stores depends on getting clarity from states: Retailers Association of India
The government has clarified that the latest Home Ministry order implies that all shops in rural areas, except those in shopping malls, are allowed to open, whereas in urban areas, all standalone shops, neighbourhood shops and shops in residential complexes are allowed to open. Shops in markets/market complexes and shopping malls are not allowed to open.
Lockdown or not, 20% of India’s retail to shut shop
Expenses such as high rents will make business unviable amid muted sales, say trade bodies.
View: Open shop for the shopping spree
Retail is among those sectors most badly hit. Industry leaders and experts estimate that recovery could take anywhere from 12-18 months. This assumes that the lockdown is a one-off crisis and that the pandemic will die out for good.
Sugar exporters eye deals with China
Sugar traders are eyeing export deals with China, which they say are viable despite customs duty of 50%.
Kiranas in crisis, disruption tough to reverse, fears FMCG
Industry executives said small outlets are also feeling the pinch because distributors are dealing in cash and not offering 7-21 days of credit as before. The industry fears these closures may further delay the recovery of the market.
Lockdown easing in May ineffective, business degrowth continued: RAI
Large size retailers of over Rs 300 crore sales in the food and grocery segment have witnessed 86 per cent degrowth in business, while the non-food and grocery segment has seen a 75 per cent degrowth compared to last year, Retailers Association of India said.
'Essentials tag' call divides handset makers, retailers
Sharp differences have emerged within handset makers and retailers over the treatment of devices during the lockdown.
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