Retailers also said they are racing to keep stores unaffected by the violence stocked as some shoppers were stripping shelves with panic buying
The north India region, the largest market among all four zones of the country, has seen the worst, according to market analytics platform PredictiVu, with close to 10 per cent of outlets closing
This trend was observed not just in the big cities, but also tier-1,2,3 towns, a survey by community led social media platform LocalCircles has found
This is in line with the company's expansion plan to triple its retail network from over 250 showrooms this year to 750 outlets by 2023
Shops can't forbid customers to bring in their own bags and then charge them for carry bags
The five areas that would be addressed in the policy are ease of doing business, rationalisation of the licence process, digitisation of retail, focus on reforms and open network for digital commerce
Barring shops located in full containment zones, all others could function up to10 pm by following the Standard Operating Procedure to prevent the spread of Covid-19
Job cuts are looming throughout the retail industry as chains find it's easier to sell online than in person.
While things have improved, market is ignoring balance sheet shrinkage and likely delay in getting back normalcy, say experts
Low discount offers with few promotions expected to continue in festive season
K K Modi Group venture has seen profits grow by double digits since late March, when India went under lockdown to contain the coronavirus.
Led by Tadashi Yanai, Japan's richest man, Fast Retailing has expanded aggressively in China with 750 Uniqlo stores, roughly the same number in its home market
The focus of larger players is likely to be on ensuring that supply chain is ready with new-season launches so as to benefit from potential demand recovery in the second half
Yes, the internet has changed the way we shop. But taken together, other factors have caused greater harm to traditional retail stores
Rate of growth nearly double that of traditional trade in July-Sept: Nielsen data
China indicated growth this year could be as low as 6%, the slowest on record, while India's expansion was the weakest in six years in the June quarter
After More and Future Retail deals, the e-commerce giant has access to more than 2,100 offline stores across the country
The store has a basketball ring, a football net, a table tennis table and a whole of space to just run, jump, skate and cycle
Consumers from tier-II/III/IV geographies still prefer making planned purchases that are affordable, says the CEO
New policies aimed at attracting private investment in new age sectors