Weak demand, inflation weigh on retail sector: Kavindra Mishra, Shoppers Stop MD – ET Retail
Mumbai: India’s retail market remained topsy-turvy last quarter despite a robust festive season as demand slowed after Diwali amid persistent inflation, according to Shoppers Stop. the country’s oldest department store chain. “In an informal discussion with other peer members, there was a unanimous view that the last quarter was lower than expectations, particularly considering the…