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.
FMCG companies take direct route to customer homes
Consumer goods companies have started selling products directly to consumers.
Credit in quarantine, distributors deal in cash
Distributors of consumer goods, electronics, smartphones and cooking oils have started dealin...
Sensex falls 242 points on jump in coronavirus cases; financials top drags
India recorded 89 deaths in last 24 hours, one of the highest since the coronavirus pandemic.
Covid-19: Consumers avoid purchase of non vegetarian food items
The fast moving consumer goods industry clocked a decline 34% in April in terms of value compared to the sales in the months of December, January and February, due to the Covid-19 led lockdown. While modern trade saw a value growth of 5%, value growth in the traditional trade channel dropped by 38%.
Covid impact: Contract employees first in line of fire
Companies in finance, insurance, retail and FMCG squeeze out contract employees.
Why India needs to go vocal for local stores
Kiranas are not only the backbone of the supply chain management but also an essential part of our economy.
Items dependent on imports to be in short supply in Delhi markets if lockdown continues: Panel
The panel said items of particular brands such as shampoos, moisturizers, biscuits, sanitizers and cigarettes are in short supply in the city markets. Some of the products of reputed companies may not be available on the shelves, resulting in an increase in sale of small and homemade brands, it said.
Grocery sales rise & fall with lockdown fears
Sales of fast moving consumer goods grew 79% during fourth week of March when the government first ordered a nationwide lockdown for 21 days, according to Kantar Worldpanel, a global consumer research firm owned by communications and advertising giant WPP.
People resorted to panic buying during announcement of lockdown or its extension
Fast moving consumer goods grew 79% during fourth week of March when the government first ordered a nationwide lockdown for 21 days.
Top multinationals from HUL to Apple brace for rising online sales post Covid-19
LG, Samsung, Vivo and Xiaomi are also rolling out hyperlocal sales platforms that will connect their offline stores to consumers searching products online so that the outlet nearest to the consumer can deliver the order, industry executives said.
ITC ltd ramps up production to meet demand for sanitisers
Fast-moving consumer goods major ITC Ltd has ramped up personal care production to meet the demand for sanitisers.
Flipkart enters into a partnership with Spencer's Retail to expand essentials business
Flipkart’s food and grocery play has been the weakest point since it has been focussing more on smartphones, electronics, apparels and home products. But with the Covid-19 lockdown and consumers preferring to buy groceries and everyday essentials online led to this deal.
Hindustan Unilever partners with UNICEF to support India's fight against COVID-19
The campaign brings together the marketing expertise and scale of HUL and the technical knowledge of UNICEF to create engaging communication tools that can help people change behaviours and stay safe during the pandemic, the company said in a release here.
FMCG likely to grow 9-10% in 2020: Nielsen
Nielsen said the final tranche of Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) payments, improved ease of doing business ranking to 63 from 77, expectations of budget tax measures and a steady exchange rate contribute to a stable consumption outlook.
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