Page 11 - Worldpanel Division News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Despite production & supply woes, FMCG market growth doubles to 4.2% last year SECTIONS Share Synopsis Except for beverages, which declined 3.8 per cent, all other segments —personal care, household and foods — witnessed significantly higher growth during the year. Since the nationwide lockdown beginning March-end, villages drove overall market growth, outpacing cities, which were severely impacted by the pandemic-induced disruption. Related Mumbai: India’s fast-moving consumer goods (FMCG) market expanded 4.2 per cent in the last calendar year, twice the rate in 2019 despite manufactur...

SunStar Retailers: 2020 a catastrophic year NO PROFIT. According to Robert Go, spokesman of the Philippine Retailers Association-Cebu Chapter, no one talked about profit for 2020 as retailers suffer too much losses due to the coronavirus pandemic. He said losses could range from 10 percent up to 80 percent. Even businesses of deep-pocketed retail players weren’t spared. (KATLENE O. CACHO) + FOR the retail industry, 2020 was a nightmare. It upended everything. Burdened by low consumer spending and disrupted supply chains due to limitations in logistics, the r...

Representative image NEW DELHI: Daily Covid-19 cases in India dropped to a 161-day low, with just 22,273 fresh infections reported in the country on Monday. This was the lowest count of daily cases recorded since July 6 as the pandemic continued to gradually recede across most of India. The day’s death toll too remained below 400 for the third day running as 360 fatalities were recorded, as per data collated by TOI from states. In the week gone by (December 6-13), as many as 28 of the 35 states and UTs registered a fall in fresh cases. For the second week running, Delhi recorded the shar...