Despite fierce competition from online retailers, Brick-and-Mortar electronic retailers are making healthy profits- Report
3 weeks ago

Despite fierce competition from online retailers, Brick-and-Mortar electronic retailers are making healthy profits- Report

Live Mint  

New Delhi, December 2 : In an era where online retailers dominate the market, brick-and-mortar electronic retailers in India continue to report healthy profitability, says a report by Nuvama. The report highlighted that despite fierce competition, the traditional retail model showed resilience due to their disciplined operations and strong support from original equipment manufacturers. It said "In the consumer durables landscape, what seems surprising is that despite "killing" competition from online retailers, the profitability of brick -and-mortar electronic retailers remains healthy. Despite these concerns, the consumer durables sector in India has demonstrated remarkable growth, achieving a 10 per cent compound annual growth rate between FY19 and FY24.

India Report Retailers Brick Consumer Durables Online Retailers  oems  electronic  consumer  durables  report  demand  growth  profits  fierce  india  retailers  credit  despite  making  competition  online  healthy

History of this topic

How online shopping is saving the bricks-and-mortar store
7 months, 2 weeks ago

How online shopping is saving the bricks-and-mortar store

Live Mint  

Store owners once viewed e-commerce as a mounting threat to their survival. Kohl’s now fulfills more than a third of its online orders in stores, Walmart more than half, and Target nearly all its sales from its network of roughly 2,000 locations, according to the companies. The pandemic sped up the integration of online and in-store shopping, as mandated closures …

Discover Related