Aurelia Archives - Third Eyesight: leading management consultant - retail, consumer, fashion, food, textiles, home, strategy, India, business growth, marketing, ecommerce, omnichannel https://www.thirdeyesight.in/tag/aurelia/ Third Eyesight: leading management consultant - retail, consumer, fashion, food, textiles, home, strategy, India, business growth, marketing, ecommerce, omnichannel Mon, 05 Aug 2024 16:41:33 +0000 en-GB hourly 1 https://wordpress.org/?v=6.0.1 Consumption slowdown is forcing retailers to scale back & shut shop in unprofitable markets https://www.thirdeyesight.in/consumption-slowdown-is-forcing-retailers-to-scale-back-shut-shop-in-unprofitable-markets/ https://www.thirdeyesight.in/consumption-slowdown-is-forcing-retailers-to-scale-back-shut-shop-in-unprofitable-markets/#respond Sun, 28 Jul 2024 16:32:00 +0000 https://www.thirdeyesight.in/?p=6549 Top retail chains like Reliance Retail, Shoppers Stop, and Spencer's are closing underperforming stores due to prolonged consumption slowdown. Reliance closed 249 stores, Spencer's exited North and South India. Companies are focusing on rationalizing networks and controlling costs to sustain operations amid weak demand and external challenges like heatwaves and elections.

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