Inflation blues bites into retailers plans

A dip in consumer spending and the possibility of real estate prices softening have halted the expansion plans of India’s modern retailers. Says Future group CEO Kishore Biyani: “Demand for some categories have declined, which may be attributed to inflation. Some small retailers are also postponing their expansion plans.” According to industry experts, small retailers are the worse hit by the inflation.

Inflation blues bites into retailers plans- Retailing-Services-News By Industry-News-The Economic Times