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Nestle India Sees Small Stores, Online Retail Driving Demand Despite Eased Curbs
There has been downgrading in consumption, with people only buying essentials, says Nestle India’s Suresh Narayanan.
09 Jun 2020, 03:52 PM IST
Nestle India Ltd. doesn’t expect supermarkets and hypermarkets to drive demand anytime soon as the Indian economy reopens gradually and the maker of Maggi noodles focuses on online engagement.“I think the big-box, ‘let’s have a great shopping experience’ kind of formats might have to recalibrate themselves because consumers might choose to go to smaller convenience outlets, where there are less crowds and where their assortments are ...
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