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Digitalisation helps manage new retail challenges - Vimarsana News

Digitalisation helps manage new retail challenges

Jun 9, 2021 Changes in demand, emerging consumption occasions, and changing shopping methods have been identified by GlobalData as three key aspects to which consumer companies and food service outlets have had to adapt due to Covid-19. The company’s latest report, “Future of Work in Consumer – Thematic Research”, reveals that companies have been forced to deploy digitalisation to manage demand for home deliveries and on-demand services. George Henry, consumer analyst at GlobalData, says: “Covid-19 has changed attitudes and priorities around the work-life balance. Orders to stay at ...

Retailers enduring mixed bag of results - Vimarsana News

Retailers enduring mixed bag of results

Retailers enduring mixed bag of results 08:00 | 17/03/2021 While a number of brands are fading away in the Vietnamese retail landscape, others have stepped up their game to expand their market share. Despite last year’s woes, retailers are pressing on with plans to grab more market share. Photo: Le Toan After 22 years of operating in Vietnam, in early March, leading Thai retail group Central Retail officially announced the removal of the Big C brand, renaming its stores to GO! or Tops Market, which it uses across Thailand. “This is part of our rebrand...

Source: vir.com.vn
India among the largest contributors to Reckitt Benckiser's 2020 growth - Vimarsana News

India among the largest contributors to Reckitt Benckiser's 2020 growth

India among RB’s key markets Premium (Bloomberg) Share Via Read Full Story British consumer goods maker Reckitt Benckiser (RB) on Wednesday said that accelerated hygiene habits led to rapid growth of its hygiene and disinfectant brands in the US, India, and China. India was among its “largest contributors to growth", along with the US and China in 2020. The market reported strong-double digit growth, RB said in Q4 and full-year result announcements. The company’s toilet cleaner brand Harpic added a record number of new homes in 2020. In India, Harpic is used in over 100 million homes, u...

FMCG industry sees consumption-led growth of 7.3% in Oct-Dec quarter: Nielsen - Vimarsana News

FMCG industry sees consumption-led growth of 7.3% in Oct-Dec quarter: Nielsen

Updated Feb 17, 2021 | 19:43 IST Rural markets grew 14.2 per cent and growth metros returned to the positive territory after two-quarters of decline, with 0.8 per cent growth in the October to December quarter of 2020. Representational Image  |  Photo Credit: BCCL Key Highlights The industry had registered 1.6 per cent YoY growth in the July to September quarter of 2020 Festive period led growth uptick in November, sustained in December 2020, said Nielsen Modern trade recovered to -2 per cent negative growth in the December quarter as compared to -15 per cen...

FMCG industry grows 7.3% in Oct-Dec, rural sales up 14.2%: Nielsen - Vimarsana News

FMCG industry grows 7.3% in Oct-Dec, rural sales up 14.2%: Nielsen

Synopsis The FMCG industry in India has recorded value growth of 7.3 per cent in October-December quarter helped by consumption-led recovery during the festive period and increase in sales from traditional as well as organised trade, according to data analytics firm Nielsen. AFP New Delhi: India's fast moving consumer goods industry bounced back with a growth of 7.3% in the quarter ended December 2020 pushed by sales of personal care items, food products, hygiene and immunity boosting product, according to data released by market research firm Nielsen. The growth was driven by recovery in co...