Avenue Supermarts, which runs the DMart chain of stores, on Friday said nearly 50 per cent of its outlets were closed due to the lockdown and Covid-19 restrictions imposed by local authorities.
Footfalls at stores that were open were lower than usual, the company said, pointing to the impact that retail firms, both organised and unorganised, were feeling due to the lockdown. “We continue to sell daily-use items such as grocery and fast moving consumer goods products and have stopped selling non-essential items such as general merchandise and apparels,” the company said.
For the quarter ended December 31,
Footfalls at stores that were open were lower than usual, the company said, pointing to the impact that retail firms, both organised and unorganised, were feeling due to the lockdown. “We continue to sell daily-use items such as grocery and fast moving consumer goods products and have stopped selling non-essential items such as general merchandise and apparels,” the company said.
For the quarter ended December 31,