10 snacks a day keep 3 meals away
Nearly three-quarters of Indian adults snacked more than they did a year ago, compared with a global average of 49%, according to a study by Mondelez International and The Harris Poll, which covered 6,000 people across 12 countries.
Well-stocked rural kiranas see fewer footfalls amid slowdown
A slump in rural FMCG sales has pulled down the overall industry growth.
Retail’s Diwali rests on this weekend
Brick-and-mortar retailers and companies are hopeful that this weekend will see a jump in sales as the ...
Thanks for reducing corp tax but still need GST cut on cheaper biscuits: Mayank Shah, Parle Product
If you are improving your PAT by 5-10%, the scope of passing it on to the consumer is limited.
Parle seeks to be on a roll with Rol.a.Cola comeback, eyes Rs 100 cr sales in 1st year
Parle Products, which had discontinued the hard-boiled candy with cola flavour in 2006, is bringing the brand back based on consumer response on social media.
More stocks, discounts returning to shelves
They are increasing promotional spends in the upcoming festive season by 10-15% over last year’s festive quarter and stocking up additional inventory, executives in some large FMCG companies told ET.
Slowdown unlikely to last beyond 6 months, say leading packaged food companies
Britannia, ITC, Amul and Nestle said sales of their product categories, both premium and essential, continued to grow even as a few large categories witnessed slower expansion.
How real is the consumption slump? Mass market hit, not premium slice
Of the 18 BSE500 stocks that scaled fresh record highs in August, 8 were linked to consumption.
Still hopeful of govt lowering 18% tax on biscuits costing less than Rs 100 a kg: Mayank Shah, Parle Products
We raised biscuit prices after waiting over a year for govt to correct high GST rates and that hurt demand
Cookie demand grows while biscuit sales slow
City slickers are munching more cookies these days, although the rural folk have gone easy on them.
Remarks by Niti Ayog vice-chairman Rajiv Kumar forced govt to announce package this week
The economic package was given the final touches and word went out that finance minister Nirmala Sitharaman will speak to the media — a detailed briefing that lasted 100 minutes.
The economics of biscuits, buildings & bikes
Debt-laden companies may find it difficult to pass on higher tax due to fear of losing market share.
Slowdown in certain sectors limit job options
The first quarter of 2019-20 has been marked by weak earnings, indicative of an overall slowdown
Downturn deciphered: Biscuits, briefs, bikes, booze and the breakdown
The 4 Bs can encapsulate the consumption story like few else can: They show the road the economy is taking.
Parle may lay-off up to 10,000 employees over weakening demand
The country’s largest biscuit maker Parle Products said on Tuesday that it may have to let go of 8,000-10,000 people if the ongoing consumpt...
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