Retail Sector Revenues

West India recorded the highest regional growth at 8 per cent, while North, South, and East India saw a 7 per cent rise each

Retailers noted that shrinkage is most pronounced in apparel, footwear, and fashion categories, with the next highest rates observed in gadgets such as mobile phones, smartwatches, and headphones

According to Icra, sequential recovery in the overall performance of India Inc is contingent upon how well the entities are able to cope with the headwinds going forward

In FY22, the South Korean company's overall revenue in India, including other income, increased by 10% to Rs 85,324 crore

In a survey of over 360 retail stakeholders, 79% of the respondents said that technology will play a pivotal role in Indian retail growth

The apparel retail sector is likely to witness a 40-45 per cent decline in revenues during 2020-21, and a demand recovery is expected in the festive season this year if Covid-19-related fears subside

Avenue Supermarts (D-Mart) is expected to have a seasonally strong quarter, with sequential revenue growth expectation of 21 per cent

Stocks in the segment are up by as much as 50% in CY17, compared to 30% delivered by Nifty