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Tag: The Great Indian Festival

Indian Retail Stores faces 30% Loss due to Online Indian Festive Sales

Indian Stores, Indian Retail Stores, Ecommerce Festive Sales, Big Billion Days, The Great Indian Festival, Amazon, Flipkart, Snapdeal, Myntra, Jabong, Paytm, Six Day Festive Sales, RedSeer Consulting Report, Gross Merchandise Value, GMV, India's Biggest E-Commerce Platforms, Flipkart And Amazon, Market Supremacy, E-Commerce Revenues, Economy, Growth, Slowdown, Recession, Unemployment, Vicious Cycle, Business, Retail, Online, Ecommerce, Offline, Organized retail sector, Unorganized retail sector, Retail Sales, Retail Demand, Uncertainty in Indian Retail Sector, Indian Consumer Sentiment

Urban shoppers seem to be tightening their purse strings when it comes to in-store purchases. People are sticking to need-based buying and that’s led to lower footfall and tepid conversion rates for brick-and-mortar retailers in the pre-Diwali weekend. Small traders seem to be hit the hardest: Some have reported a fall of 25-50% in festive […]

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