New Delhi: Brick and mortar retailers, who run multi-brand, multi-category consumer electronics stores across the country, are set to outperform online sellers this year—even as overall consumer demand remains low. For smartphones, industry estimates peg sales from physical retailers to grow in low- to mid-single digit year-on-year (y-o-y), while online sales are seen either flat …
Passenger vehicle sales crossed the two million mark in half a year for the first time as utility vehicles continued to propel consumer demand at the start of the festive season in September. Sales of cars, sedans and utility vehicles hit a record 361,717 units in September, rising 1.9% year on year on a high …
Last year, smartphone brands started their festive season sales early in an attempt to clear inventory and boost demand. However, despite these efforts, the smartphone segment experienced a significant decline in shipments during the September quarter, which is a crucial period leading up to the festive season. Market research firm International Data Corporation (IDC) reported …