Around 83% stores open as of end June: Titan
The company said almost all manufacturing operations have commenced operations.
Implementing app bans: The role of ISPs and app stores
Apps, be it gaming, education, infotainment, don’t need any local government permissio...
Airtel says its retail stores open in most locations now; lists measures for customer convenience amid 'uncertainity'
Telecom operator Airtel...
Rakesh Jhunjhunwala loses biggest shield to his portfolio, as ‘planets’ turn unfavourable
Any sudden jump in gold price is detrimental for jewellery volumes, as consumers delay purchases, waiting for a correction.
Microsoft to permanently close all physical stores
According to its website, Microsoft has 83 stores worldwide, including 72 stores in the U.S., and several others abroad where it showcases and sells laptops and other hardware. Friday's announcement reflects what the company calls a "strategic change" for its retail business as sales increasingly shift online.
Growth curve for grocery stores to come from partnerships; customer loyalty diminishing: EY
The report, ‘Sentiments of India – pulse of the country’, said neighbourhood grocery stores are increasingly moving towards adoption of technology with 40% respondents saying they want to partner with online delivery and supply platforms.
Retailers say sales at 45-50% of pre-Covid as sentiments down and store operations impacted
Sales in retail stores was at 45-50% of pre-Covid weekly average in the last week when relaxations were given to sell everything across India which industry executives said are signs of depressed consumer demand and due to restricted opening of stores.
Google temporarily blocks access to 59 banned Chinese apps on Play Store
Some developers had voluntarily taken down their apps from Play Store.
DMart tanks 5% as company says half of stores non-operational
DMart said that footfalls have significantly declined, even as it is selling essential items such as grocery and FMCG products.
Around 50% stores operational; footfall significantly down: D-mart
The company Avenue Supermarts, which owns and operates retail chain D-mart, is retailing only essential items from the operating stores and average footfall is "significantly lower than usual" due to several restriction imposed by the authorities, Avenue Supermarts said in an update on business operation to bourses.
Covid19 Impact: Mall operators’ operating income to decline 45-60% in FY2021, says ICRA
The increasing spread of the Covid-19 pandemic in India, starting from mid-March 2020 and the resultant preventive measures taken by the Central and various state governments have severely affected retail mall operations. Mall operators have been significantly impacted due to the closure of operations for around three months.
Covid-19 impacts Avenue Supermarts; 50% of stores closed for operations
Footfalls are also significantly lower, Avenue Supermarts said in a regulatory filing.
Pine Labs eyes Asia operations of sinking Wirecard
At least four major payment deployers, including Hitachi Payments and Atos-backed Wordline Technology, have made enquiries about its sale, sources said.
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.
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