Skip to main content

Featured

Pricey vegetables bring tough time

We agree that the most recent difficult time for the common people was brought on by more expensive vegetables, which made them reflect on what our beloved everyday precious life now entails. The surprising circumstance has become a difficult period to endure. Due to several circumstances, vegetable prices are currently high in several places, including Kanpur.  Various common vegetables are now less available and more expensive because of supply chain disruptions, particularly those caused by the rainy climate. Media do not fail to report that rising vegetable prices are practically putting pressure on household finances, particularly for those with lower incomes. Prices for vegetables vary based on terrain and local market conditions, even though they are often pricey. According to the Economic Survey 2024–25, unfavourable weather conditions, such as unexpected rainfall and prolonged heatwaves, have impacted crop output and created supply shortages, which have forced prices high ...

Do street shops compete with malls?




Is there something we want to distinguish over the inflationary days? Retailers are at ease making profits despite the presence of well-furnished malls at every nook and corner. This is close to reality. 

However, malls try to attract better customers by offering them online discounts. Comparatively, the old-styled street shops do not look disheartened in running their business. They are supposed to bring or gain satisfactory profits pursued by whatever sales occur in a day. 

Upon asking the cunning shopkeepers we learn that their daily business goes far satisfactory despite the presence of well-furnished malls at all corners.

They are supposed to face competition so they try to maintain average margins and ultimately discover their retail business profitable to a satisfactory level. Here in Jajmau, the street shops conduct their business before the existence of the malls under the defined rules regarding retail sales.

They also meet the daily demands of the surrounding area consumers. This quality appears as the secret of their ongoing business. The difference can be easily noticed in the shop's retail business. 

Looking at the deal trends in the two shops, we realise that the retail shops in a particular area are correct for the retailers sell varied daily use items at a fixed price. Price differences draw the consumers' attention at first sight. 

This can be easily fathomed by approaching those retail shops individually. If one remains rigid on price the others exhibit some generosity in reducing the prices. It is a simple principle for running a retail business. This does not vary from bulk trading in the market. 

It is those spiralling middle-of-the-day sellers' feeling to improve retail sales, and as a result, they remain more stressed about improving the business profitability. 

Comments

Post a Comment

Popular Posts