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Stop, Thief! Retail in a Spot as Customers go Big on Stocktaking

Indian retail is increasingly bedevilled by shrinkage or the loss of inventory due to shoplifting by customers, theft by employees, vendor fraud and supply chain errors.

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Heat wave shrivels smartphone sales from stores, Telecom News, ET Telecom

Smartphone Sales: Among the offline channels, consumers prefer the air-conditioned large-format retail (LFR) stores over the regular brick-and-mortar ones, besides the ecommerce platforms. The offline channel is also facing challenges related to staff attendance, owing to the extreme heat.

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In-store mobile phone sales dry up on rising temperatures, Retail News, ET Retail

Phone Sales: "Regions such as Delhi, Rajasthan, Haryana and UP have been particularly affected by the heatwave and power cuts in Delhi, resulting in a drastic 50% decline in business," said Kailash Lakhyani, chairman, All India Mobile Retailers Association that represents 1.5 lakh mobile retailers across the country. Lakhyani added that preferred shopping hours for customers have shifted to the cooler times of the day, with most purchases happening between 9 am to 11 am and 6.30 pm to 10.30 pm in the evening.

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phone sales: In-store mobile phone sales dry up on rising temperatures

phone sales: In-store mobile phone sales dry up on rising temperatures
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

West bengalKailash lakhyaniTarun pathakIndia mobile retailers associationCounterpoint researchNorth indiaAll india mobile retailers associationNew friends colony

Explained: Why Are POCO And Oneplus In Trouble In India?

Explained: Why Are POCO And Oneplus In Trouble In India?
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

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