India's Retail Sector News- Major Decline in the Country's Retail Sector Due to Disrupting Supply Chain.

Retail Sector News-Up to 64% decline in 4 of 3 retail channels, more damage to e-commerce.

According to the latest Retail updates, In the last month of March, only a 6% increase in modern trade was recorded.

According to survey agency Niels, in the last week of March, three out of four retail channels in the country have registered a decline. The four major channels in the retail sector are e-commerce, cash and carry, traditional and modern trade.

⇛In the Retail News section of Niels report, in the last week of March, e-commerce has registered the most 64 percent decline.

⇛The same Cash and Carry channel saw a decline of 44 percent.

⇛There has been a decrease in traditional trade, in which a 6 percent decline was recorded.

⇛Modern Trade was the only channel where 6% growth was seen. Shopping Mart, Hyper-mart, Mini Super Mart, etc. come in Modern Channel.