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Images Retail - May 2020

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It has been more than two months since India has been in a state of lockdown, but the number of COVID-19 active cases have been increasing, the retail ecosystem suff ering. The Government of India has announced an economic stimulus package, which is yet to address the emergent issues faced by the retail industry.
With phase 4 of the lockdown opening up some segments of retail aside from essential services has come as relief for the retail industry. As restrictions on movement of people have been lifted to an extent, consumers can now go and shop – for both essential and nonessential products as per convenience and safety norms. However, with malls still not being given the green signal to open, the impact of the lockdown will be bad to severe on the two discretionary retail groups – fashion & lifestyle and consumer goods.
All in all, the retail sector stares at signifi cant challenges of lost sales totalling `2.44 lakh crore and 2.6 million jobs (in direct employment alone) as per an EY study.

Images Retail Description:

Editor: Images

Categoría: Business

Idioma: English

Frecuencia: Monthly

Launched in 2003, IMAGES Retail magazine took on the task of analysing the emerging organised retail industry at a time when the industry itself had little data to work on. The magazine covers the gamut of Indian and International movements in retail technology, logistics and supply chain, store formats, store design, retail real estate, franchising and human resource, besides reporting on significant directions within India’s sunrise industry.

The magazine is widely acknowledged India’s leading retail intelligence publication for decades now, providing news, insights, research & analysis, intelligence and data covering retail operations across all Indian markets.

The mission of the monthly B2B magazine – published exclusively for the retail industry – is to bring industry leaders and brand owners up to date with the latest in retail technology & innovations, provide them with in-depth research, studies and analytical, insightful features which help them grow their businesses in India. The magazine aims to spark ideas and shape agendas for decision makers in India’s competitive retail industry.