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Companies are ramping up production, blocking capacities for raw material and increasing marketing spends for categories such as chyawanprash, oats, honey, health-juices, nutrition powders, coconut water amid the second Covid-19 wave.
Lockdown rewind: When store employees taught Spencer Retail CEO an important lesson about leadership At the start of the pandemic, when the country went into lockdown overnight, Chawla was pleasantly surprised by how many of their store-level employees rose to the occasion and stepped up to serve the people. Synopsis Devendra Chawla learnt that leadership begins at the grass-root level. There is a popular management adage - Leadership begins at the top. But for Devendra Chawla, CEO, Spencer’s Retail, if there’s one lesson the pandemic has taught him, it’s that leadership begins at the g...
Updated Feb 25, 2021 | 17:57 IST | Debashish Mukerji With retail companies hit hard by the Covid-19 pandemic, CEOs of the sector agree that recovery lies in greater tech adoption and further operational efficiency The Importance of Being Agile Barring those selling essential goods, retail companies suffered heavily from the Covid-19 pandemic. Though the lockdown has been lifted, the virus threat is ever present, and activities like shopping and restaurant dining remain restricted. How are the retail companies coping? How do they expect the f...
The ET India Inc Boardroom panel discussed the learnings that business leaders can take from the pandemic. All panellists said going digital is the way forward and working solutions will become hybrid.
Hygiene check: Companies cut sanitiser, mask output SECTIONS Share Synopsis ITC, which has seen its consumer goods business surge in the December quarter, said in a quarterly earnings presentation that branded sanitisers have seen a sharp dip in sales growth. Shutterstock.com 2,852,509.0 Large companies have either halted or reduced their output of sanitisers, disinfectants and masks as demand has fallen in line with Covid numbers and the vaccine rollout. These categories had surged in the March-September period as the pandemic took hold. “Recent months have seen a drop in demand for hand s...