Festive cheer missing as retail sales growth slows, finds study
Financial Express Pune|December 31, 2024
THE RETAIL SECTOR'S festive sales growth failed to meet expectations this year, reflecting subdued consumer demand, according to the Retailers Association of India (RAI).
RAGHAV AGGARWAL

The sector recorded a modest 7% growth between October 7 and December 1, compared to the same period last year. This fell short of the anticipated 10% growth, as revealed in RAI's 56th Retail Business Survey.

"Consumption growth has been subdued throughout the year, prompting retailers to boost business through promotional offers and encouraging festive purchases," said Kumar Rajagopalan, CEO of RAI.

この記事は Financial Express Pune の December 31, 2024 版に掲載されています。

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この記事は Financial Express Pune の December 31, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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