Smartphone brands see record Diwali sales, but smaller offline retailers left in the lurch - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Smartphone brands see record Diwali sales, but smaller offline retailers left in the lurch

Even though the business has grown marginally or remained flat for organised retail chains, individual retailers, close to 1.5 lakh, have witnessed degrowth of 10-20% in Diwali sales over last year. Retailers say, while customers are still wary of shopping outside, the major reason for poor sales is non availability of stocks from major brands.

from Industry-Economic Times
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