Modern trade outlets see slow recovery despite unlock
- As the lockdown left millions stuck indoors with grocery stores working under severe restrictions, it prompted shoppers to move online and pushed retailers to experiment with various formats including hyper-local deliveries
NEW DELHI: Fast moving consumer goods companies say while general trade has been recovering at a fast pace--after months of facing supply disruption due to the pandemic-induced lockdown--modern outlets have witnessed only marginal improvement in business as consumers continue to prefer neighbourhood stores and online marketplaces for monthly groceries.
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