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Retails join hands with private labels to sustain crisis

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Opposing the slowdown in the economy many bigger names in the retail business has decided to reorganize their aptitudes to cope with the situation. Source reported at www.propertykhazana.com says that, there might be a bit up gradation at the sale for the coming quarter on the basis of Y – O – Y with at least 11 percent. Largest among the retailers – Pantaloons are expected to lead by 25 per cent where as Titan may be seen on securing a growth of 23 percent in sales.
But on the other hand no plans of expansion has been notified from the core team of Vishal and other leading players like Bharti Airtel and Reliance which are still running behind. On another study on behalf of www.propertykhazana.com reveals that, it will be most challenging to sustain at such circumstances and the one who succeeds will be leading the long run of retail’s opportunities.
The most declined categories in sales include electronics, apparels, home furnishing faces and furniture and on the other hand value retailing has shown some prospective marks as compared to others. Apart from this to increase the rate of margins these retail leaders are merging with the private channels which provides more for the branded one. It is around 15 to 20 per cent in at FMGC and for consumer durables it counts around 30 per cent. For more updates visit www.propertykhazana.com .
Source: NBTVLIVE

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