Retail Dude

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From the above pie it’s very clear that our readers are very positive about Retail and they don’t think that there is a slowdown in retail. 56% of voters said that there is no slowdown, 20% voted in favor of slowdown where as 12% preferred to wait and watch. As per the polls there is no slowdown. In Retail rather these are happening as people are panicking from US recession. This is a temporary situation which has been created as people jumped into Organized Retail band wagon in an unorganized manner and so closures and decline in sales are part of long awaited corrections and consolidation in Retail. But a major chunk of voters are of opinion that the hold in expansion plans and closures are due to slowdown in retail as consumers have started spending less and market size is decreasing. Well no body agrees that losses in balance sheet of retailer are a proof of slowdown.

- Team: RETAIL DUDE.

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