Feel the pinch of predatory pricing by e-tailers Retail companies, which have witnessed a continuous fall in same-store sales in the 2015 financial year, are expecting sales to pick up by October, when the festival season kicks in. “The pick-up (in consumer demand) is not there the way retailers had expected it. Things are muted and same-store sales growth will be in lower single digits,” said Sangeeta Tripathi, senior research analyst at brokerage firm Sharekhan. For instance, the ... Rediff.com, 1 month ago
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