city New Delhi covid-19 pandemic city New Delhi

Save more, spend less to be shoppers’ new mantra, says Nielsen

Reading now: 175
www.livemint.com

About 64% of consumers say they plan to spend less on restaurants and movies over the next few months NEW DELHI : Shoppers are likely to cut back sharply on discretionary spending after the lockdown, sacrificing outings to malls, restaurants, and salons to save up for immediate needs such as health and hygiene products.

About 64% of consumers say they plan to spend less on restaurants and movies over the next few months, according to market research firm Nielsen.

Consumers have stocked up on essential goods such as packaged rice, wheat and soap, Nielsen said in the second edition of its report on the impact of covid-19 on fast moving consumer goods and retail.

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