Ad-Hoc Local Lockdowns Detrimental to Recovery of Indian Economy
Images Retail|September 2020
Although the intentions are that of citizen safety and social distancing, the recent instances of local lockdowns and ad-hoc restrictions being imposed in UP, Maharashtra, AP and Karnataka are making a distressing impact on retail businesses, says RAI...

The long road to recovery for the Indian retail industry continues to meet stumbling blocks with numerous restrictions being imposed at the state and local levels. Total lockdowns in some places and limited operational hours and days in several others are creating setbacks for retailers as the already stressed retail businesses are getting further interrupted and in turn dampening consumer sentiment.

Retailers Association of India (RAI) said in a statement mentioned, “Although the intentions are that of citizen safety and social distancing, the recent instances of local lockdowns and ad-hoc restrictions being imposed in UP, Maharashtra, AP and Karnataka are making a distressing impact on retail businesses. Retailers are already facing huge setbacks in terms of payment of wages and rentals due to very low sales of about 40 percent as compared to last year, which is due to the extended lockdown.

  • The restrictions imposed by States Governments are further compounding the situation and posing significant operational issues.

  • The restricted hours of operations, stoppage of staff and goods vehicle has resulted in hindered supply chains and skewed buying patterns.

  • Shops being allowed to open for a shorter number of hours leads to crowding because demand is inelastic. This is detrimental to social distancing. It is also creating havoc on the supply side affecting availability of goods.

  • The ad-hoc restrictions that keep changing create confusion about what is allowed and what is not. This is resulting in law enforcement stopping goods vehicles and employees from reaching stores creating supply chain and staffing issues.

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM IMAGES RETAILView All

HUGE STEP TOWARDS RECOVERY: BRANDS RECORD PRE-COVID LIKE SALES DURING FESTIVALS

Better consumer incomes and demand patterns over the past few months suggest a better situation for Tier III/IV geographies. E-commerce trends also suggest a similar pattern…

5 mins read
Images Retail
December 2020

URBAN SQUARE UDAIPUR WILL CHANGE THE RETAIL LANDSCAPE OF RAJASTHAN – Uddhav Poddar

In an exclusive chat with IMAGES Retail, Uddhav Poddar, Managing Director, Bhumika Realty, talks about how Rajasthan can be a new hub for modern retail with infrastructures like Urban Square and other malls. He also emphasised on the vision, progress and road ahead for the brand.

9 mins read
Images Retail
December 2020

GROWELL'S 101 MALL CELEBRATED THE RETAIL SUPERHEROES ON 'RETAIL EMPLOYEES DAY 2020'

2 mins read
Images Retail
December 2020

AMAZON REPORTS 60 PERCENT INCREASE IN WORLDWIDE SALES, BLACK FRIDAY REPORTS IN-STORE SHOPPING DROP

The economic downturn and uncertainty caused by the Coronavirus pandemic means 65 percent of people feel a high level of economic insecurity and are less willing to spend money. Contreras believed that for the moment, the crisis means it is appropriate to consume wisely…

5 mins read
Images Retail
December 2020

Ad-Hoc Local Lockdowns Detrimental to Recovery of Indian Economy

Although the intentions are that of citizen safety and social distancing, the recent instances of local lockdowns and ad-hoc restrictions being imposed in UP, Maharashtra, AP and Karnataka are making a distressing impact on retail businesses, says RAI...

4 mins read
Images Retail
September 2020

Research: The New Retail Reality

A report by KPMG in India and Retailers Association of India (RAI) sheds light on how the pandemic has led to a change in consumer behaviour and more importantly how the retail space is undergoing a complete makeover…

9 mins read
Images Retail
October 2020

Parivartan: A Platform to Collaborate & Innovate for Retailers

The event by TRRAIN was a virtual open forum where retailers from across formats and departments came together to brainstorm about the ‘new normal’…

2 mins read
Images Retail
October 2020

Gender-Neutral Beauty Brands Shatter Traditional Retail Stereotypes

Over the years, there has been a gradual change in consumer preferences towards cruelty free, natural, and organic products. This change has now evolved enough to include gender-neutral beauty products as well…

8 mins read
Images Retail
October 2020

Contactless Technology & the Future of the Foodservice Industry

The dine-in sector saw a drop of 6 percent in the number of restaurants in the first week of March, another 20 percent in the subsequent week. It all came to a standstill from April and lasted till mid-June. The only option left for many restaurants amidst the chaos was to become takeaway and delivery only outlets, explain foodservice industry leaders, while outlining their strategy to overcome the COVID era…

10+ mins read
Images Retail
October 2020

E-COMMERCE REPORTS STEEP INCLINE IN Q2 PROFITS GLOBALLY

Riding on the surge in demand in the COVID-19 times, online retail sales in Asia will grow from US$ 1.5 trillion in 2019 to US$ 2.5 trillion in 2024, with a compound annual growth rate (CAGR) of 11.3 percent…

5 mins read
Images Retail
October 2020
RELATED STORIES

India's High-Tech Hot Spot- Bangalore

India’s high-tech hot spot bustles with meetings and events.

3 mins read
Global Traveler
September 2018

कर्नाटक के कब्जे वाले इलाकों को महाराष्ट्र में शामिल करेंगे: उद्धव

महाराष्ट्र के मुख्यमंत्री उद्धव ठाकरे ने रविवार को कहा कि उनकी सरकार कर्नाटक के उन इलाकों को राज्य में शामिल करने के लिये प्रतिबद्ध हैं जहां मराठी भाषी लोगों की बहुलता है।

1 min read
Rokthok Lekhani
January 18, 2021

कर्नाटक के कब्जे में हैं मराठी इलाके

राज्य में मिलाकर रहेंगे-उद्धव ठाकरे

1 min read
Rokthok Lekhani
January 18, 2021

मुख्यमंत्री येडियुरप्पा ने कैबिनेट का विस्तार किया

सात मंत्रियों ने शपथ ली, आबकारी मंत्री हटाए गए

1 min read
Dakshin Bharat Rashtramat Chennai
January 14, 2021

केंद्रीय मंत्री श्रीपद नाइक सड़क दुर्घटना में घायल, पत्नी की मृत्यु

घायल केंद्रीय मंत्री श्रीपद नाइक को अस्पताल ले जाते हुए एवं उत्तर कन्नड़ जिले में अंकोला के पास दुर्घटनाग्रस्त वाहन

1 min read
Dakshin Bharat Rashtramat Chennai
January 12, 2021

Active cases still lower than last week, but gap closing

Max Cases and Deaths From Maha & Kerala

1 min read
The Times of India Mumbai
January 09, 2021

Building a bull market

Karnataka’s ban on cattle slaughter has given new impetus to the mission to build sustainable cattle-intensive businesses

10 mins read
THE WEEK
January 17, 2021

HOW PANDEMIC HAS IMPACTED INDIAN WOMEN ENTREPRENEURS?

Women entrepreneurs have been a major segment of the economy.

4 mins read
Small Enterprise
December 2020

बढ़ सकती है ब्रिटेन से आने वाली उड़ानों पर अस्थाई रोक : पुरी

भारत पहुंचा कोरोना वायरस का खतरनाक स्ट्रेन

1 min read
Samagya
December 30, 2020

कोरोना का नया स्ट्रेन मिलने से बढ़ी चिंताएं

कर्नाटक में मंगलवार को कोरोना वायरस (कोविड-19) के अधिक संक्रामक नये स्ट्रेन से ग्रसित तीन मरीजों के पाये जाने के बाद लोगों की चिंताएं बढ़ गयी हैं।

1 min read
Dakshin Bharat Rashtramat Chennai
December 30, 2020