city New Delhi virus covid-19 outbreak city New Delhi

As early shoppers step out, high street markets win over big malls

Reading now: 354
www.livemint.com

NEW DELHI : Retailers have witnessed tepid response since the lockdown restrictions were eased, with shoppers making short trips, spending less time and buying exactly what they need from stores on high streets.

However, stores located in malls have fared even worse.Retailers Mint spoke to said business in stores located on high streets were at 30-60% compared to a year ago, while in malls they were as low as 5-20%.

In all, physical stores continue to bear the brunt of the covid-19 outbreak.“Malls have opened only in some cities. Most malls have been sluggish in sales compared to high streets.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA