The bad condition of the retail industry, Shoppers Stop and Raymond evacuated thousands

The bad condition of the retail industry, Shoppers Stop and Raymond evacuated thousands

Business

Nearly two months after the country 8 Jun malls, restaurants including Retail industry ( Retail Industry ) went to get permission to open. It is about a week but customers are not leaving the house due to fear of Corona. There is a huge possibility of retrenchment in the retail industry due to the decline in business. Shoppers Stop , the preferred place of buyers in every malls, has decided to remove 1100 of its employees.

Corona epidemic has had a very bad effect on a Shoppers Stop in India’s oldest department store. People involved in the case said that 1000 people have been evacuated from different stores of the brand, while 100 people have been evacuated from the Mumbai Head Office.

If we talk about Delhi-NCR, then all the stores of Shoppers Stop in Delhi are open. No store or mall has opened in Gurugram at the behest of the state government. All stores are expected to remain closed till June 30. Talking about Noida, Greater Noida and Ghaziabad, only 50 per cent of the stores are open. However, all are expected to open by Monday, Tuesday. The stores that are still open there are no sales, as people are still not reaching the malls due to fear of Corona.

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