No panic buying at stores but buyers show anxiety as 6-day lockdown starts in Delhi
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Last Updated: Apr 19, 2021, 09:33 PM IST
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Customers have not panicked unlike the last lockdown and as they are assured of their supply and retailers are able to deliver goods at their doorstep after receiving orders either online, through apps and even after a telephone call, in which some are promising same-day delivery.
Agencies
Retailers, who have learnt their lessons in the last nationwide lockdown a year ago, are better equipped from their learnings and have sufficient stocks.
Retailers in the National Capital on Monday said they witnessed anxiety buying to an extent at their stores after Chief Minister Arvind Kejriwal announced a six-day lockdown. People stocked up staples, processed food, ready to eat and immunity-boosting products in the past couple of days, according to retailers.
Representative image.
NEW DELHI: Retailers in the National Capital on Monday said they witnessed anxiety buying to an extent at their stores after Chief Minister Arvind Kejriwal announced a six-day lockdown.
People stocked up staples, processed food, ready to eat and immunity-boosting products in the past couple of days, according to retailers.
However, customers have not panicked unlike the last lockdown and as they are assured of their supply and retailers are able to deliver goods at their doorstep after receiving orders either online, through apps and even after a telephone call, in which some are promising same-day delivery.
Retailers, who have learnt their lessons in the last nationwide lockdown a year ago, are better equipped from their learnings and have sufficient stocks.
A worker undergoes Covid test at workplace. While the labour situation hasn’t deteriorated drastically, there is fear over a fall in demand and cash flow issues. (Representative image)
NEW DELHI: When the first wave of coronavirus infections hit the country last year, there was a large cluster at JSW’s plant in Karnataka. Wiser from the experience, it is not taking any chances this time.
“We have arranged accommodation for workers involved in construction at our sites in Maharashtra and others in our colonies, ensuring that they have provisions and supplies and they do not have to go out,” said JSW Steel joint MD and group CFO Sheshagiri Rao.
COVID: Restrictions likely to impact customer footfalls but have adequate stocks, say retailers
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Last Updated: Apr 15, 2021, 09:28 PM IST
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Retailers are expecting an impact on customer footfalls in their stores but said they are monitoring the stocks, and have also suggested to the government to manage the situation with the help of technology and data rather than arbitrary lockdowns.
Agencies
Retailers and FMCG makers say they have adequate stocks at stores and warehouses and are prepared to manage the situation in the wake of fresh restrictions being imposed by various states amid a surge in COVID-19 cases.
Retailers are expecting an impact on customer footfalls in their stores but said they are monitoring the stocks, and have also suggested to the government to manage the situation with the help of technology and data rather than arbitrary lockdowns.
Restrictions likely to impact footfalls but have adequate stocks: Retailers business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.