Retailers risk to lose about 50-60 percent of turnover, and it’ll take around three-six months for revival. “If somebody does a Rs 500 crore of turnover, the loss of sales is anticipated to be within the range of 50-60 percent, which may well be around Rs 250-300 crore. This might be that deep,” said Kumar Rajagopalan, Chief officer – Retailers Association of India (RAI). The RAI […]
