Indian Retail has got the green light for production. Some non-essential sectors have begun operations too. With a semblance of free movement in non-containment zones, Indian Retail is getting its act back together. Let’s take a look at what happened this past week.
Slow start to retail opening
According to officials, retail demand started to build up gradually. In some cases, people were completing pre-lockdown transactions and other new ones.
E-commerce orders gradually scaling back to pre-lockdown levels
Post easing of restrictions on sales of non-essential items, industry executives say that e-commerce is gradually getting back to the pre-lockdown level.
Dishwashers, refrigerators, big screen TVs are becoming preferred appliances
Big screen TV sets, large volume refrigerators, home theatres, and dishwashers are now gaining traction, thanks to the COVID-19-induced lockdown, according to home appliances and consumer electronics manufacturers.
Workers refusing to join factories post-lockdown may face pay cuts, disciplinary action
Gujarat, Madhya Pradesh, Karnataka, and Uttar Pradesh are considering strict enforcement.
Distributors: Chips, Biscuits Stocks low
Distributors of FMCG products say that there could be a shortage of biscuits, noodles, and chips in the next 10 days.
Spirit makers look to boost the reach
Top spirits makers are in discussion with state excise departments and online food delivery giants.
With little to cheer, companies cut festive spend
Production cuts will be most in the premium product portfolio as companies expect consumers to curb discretionary spending due to the impact of COVID-19.
Grooming products flying off online shelves
Demand for razors, epilators, trimmers, and hair color soars on e-commerce platforms during the lockdown.
HUL expected to bounce back post-GSK, Horlicks stake sales
GlaxoSmithKline and Horlicks sold 5.7 percent equity of HUL worth Rs 26,000 crore on Thursday to domestic and foreign investors.
FMCG companies open links with retailers to ensure supply
Companies have launched teleservices and even dedicated apps that let shopkeepers place orders.
Corona, Kirana, and the convergence model for Indian retail
Will India’s retail sector witness collaborations between organized retailers and neighborhood stores?
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