How this year’s festive season sales fared: “decent; not great, but decent”
- Not all sectors are cheering this year’s festive shopping. Consumer goods companies and traditional retailers reported tepid growth over last year as middle-class and rural shoppers chose to stay frugal
NEW DELHI : By several accounts, Indians were set to splurge this festive season. And they did–shopping online and on cars and two-wheelers, but for many traditional retailers and consumer goods makers, the season was merely satisfactory.