Many Indian retail stores are struggling with losses. This is happening even as sales grow. The main reason is too much unsold stock on shelves. Retailers are now looking to fix this problem. Some stores may close if they cannot be turned around. This situation impacts revenue and profit generation.
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/slow-moving-inventory-bleeding-top-retailers/128406289
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/slow-moving-inventory-bleeding-top-retailers/128406289