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.