With the de-growth of 77 in malls during the second half of June, the retailers association calls on Aaditya Thackeray to help resume businesses
Malls have been closed for over three months due to the lockdown. File pic
A day after the hospitality industry got a go-ahead to resume operations, the Retailers Association of India (RAI) on Tuesday requested the state government to allow malls to reopen to save jobs as well as the entire retail chain.
ADVERTISEMENT
During a survey by the RAI, over 100 big and small retailers revealed that there has been no significant growth in business even in the second half of June.
Retailers witnessed 67 per cent de-growth from June 15 to June 30, compared to the corresponding period last year. Malls that have been closed for over three months saw 77 per cent de-growth during the same period.
In a tweet, the association implored Tourism Minister Aaditya Thackeray to reopen malls. This request was made in line with the state government's directive to reopen hotels outside Containment Zones, RAI stated in a statement.
"Dear Shri @AUThackeray, good to know that hotels are now allowed to open. We request you to help us reopen malls in Maharashtra. With SOPs in place, malls are functioning well in other states and these practices will be implemented here as well to ensure safety of customers & staff," the tweet read.
A recent consumer sentiment survey by the RAI had revealed that more than 60 per cent of the consumers will wait up to 90 days before going out for shopping, keeping in mind the expenditure and safety factors. "This has resulted in slow growth for the retail sector throughout June. The sentiment was reflected in categories like QSR and restaurants (-71 per cent), followed by beauty, wellness, and personal care (-69 per cent) and apparel, clothing, jewellery, watches, and other personal accessories (-67 per cent)," said the statement.
With Unlock 2.0 on the cards in the next few days and several sectors opening again, retail can hope for a revival of consumption and signs of recovery at least in the second quarter of the year, added RAI.
Catch up on all the latest Mumbai news, crime news, current affairs, and a complete guide from food to things to do and events across Mumbai. Also download the new mid-day Android and iOS apps to get latest updates.
Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
