Unlocking 1.0 has begun and retail is raring to get back on track. However, the process is far from smooth. As the days progress, States are providing clarities and guidelines which will have a direct impact on retail. Let us take a look into the week that was and the transition from lockdown to unlocking.
COVID-19 Lockdown: Majority of consumers want to buy goods from Kiranas going forward, finds survey
The majority of the consumers in India want to buy from locally sourced items going forward reflecting the trust built by kiranas during the lockdown, according to a survey.
Consumer MNCs ask employees to stay locked in
Firms prefer to play safe given rising infections despite the lockdown being eased.
Indian retail prepares for Unlock 1.0, seeks uniform reopening of stores
Uniform standard operating procedures like time restrictions on store operations; the movement of staff and delivery vehicles; product pricing restrictions; the number of staff and customers allowed in a store; or odd/even store restrictions should make it easier for retailers to do business.
What FMCG players need to do to thrive once coronavirus ends; innovation, adaptability key to survive
To stay productive, FMCG players have been seen looking at their current capabilities and available resources to reimagine product offerings and make them relevant to consumers’ lifestyles under lockdown.
Coronavirus crisis: Opportunities aplenty for consumer goods companies, says Nestle MD Suresh Narayanan
The Coronavirus pandemic has led to certain stated changes in consumer behavior, which going forward, says Nestle MD, Suresh Narayanan, could create a host of new opportunities for consumer goods companies like his.
Govt rejects Flipkart’s plan to enter the food retail
The government has rejected Flikpkart’s proposal to enter food retail citing regulatory issues.
Surviving COVID-19: SMART Stores
The 12 million neighborhood kirana stores in India have now emerged as the new heroes, as the quest for essential items become hassle some due to lockdown restrictions.
HUL CEO says the product inventory range will be smaller and simpler hereon— analysts believe others may have the same plan
By reducing SKU’s, manufacturers can bring efficiency to their supply chain.
ITC Partners with Amway for a new fruit beverage under B Natural brand
B Natural ropes in Amway to take its new immunity-boosting juices to consumers.
Retailers threaten to exit malls
The battle between mall owners and their tenants is set to take an ugly turn.
2 minute read
