Retailers stare at a dismal future after bumper Diwali

Deep discounts by the leading retailers across the key food and grocery segments have lured inflation-hit shoppers back to big box stores this Diwali. However, the question remains whether the boom will continue when the discounts are withdrawn and prices return to normal levels. Arvind Singhal, chairman of Technopak Advisors said that with inflation running […]

Forecast: deep discounts for festival season

The season of festivals is here. It starts with Onam in Kerala, travels to the eastern states for Durga Puja and ends with Diwali over large parts of the country. This is the time farmers harvest their crops, and therefore have money in their pockets to make discretionary purchases: automobiles, consumer electronics, mobile phones, et […]