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Monday, December 23, 2024 | 11:55 AM ISTEN Hindi

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Covid-19: Momentum in online, app-based sales to continue for retailers

Several retailers, which earlier started selling essential items - like food and grocery only - via online and app-based channels, have now started offering several items in general merchandise

Consumer discretionary firms are pulling out all stops to grab a share of the consumer’s wallet as shopping gains speed after almost two months
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According to experts, now online channel has become inevitable for the traditional retailers and would have to push this channel further to compete with local kirana shops

Press Trust of India
Many large brick and mortar retail chains that switched to online during the lockdown have reported spike in sales from digital channels, and expect the momentum to continue as consumers prefer to order digitally despite restrictions are being eased.
Several retailers, which earlier started selling essential items - like food and grocery only - via online and app-based channels, have now started offering several items in general merchandise such as apparels, appliances, and electronics through these platforms.
According to experts, now online channel has become inevitable for the traditional retailers and would have to push this channel further to compete with local

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