Retail in Asia

In Markets

Large India retailers’ transaction size burgeons on demand

Most of India’s large-format retailers are witnessing an uptick in growth in same-store sales and average transaction size thanks to strong demand in the market. Retailers such as Shoppers Stop, Future Group and Aditya Birla Retail have reported an increase of 3-10 percent in transaction size during the June quarter to date compared with the year-ago period. The bullish scenario has also given a boost to retailers’ expansion plans.