Inflation Impact
Brands

Shoppers Stop Slips Into Q4 Loss As Costs Rise, Demand Weakens

Shoppers Stop posted a net loss of Rs 16.35 crore in Q4 as rising expenses, inflation and weak discretionary spending weighed on performance despite 13.7 per cent revenue growth. The beauty segment remained a bright spot with 17 per cent growth.

Read More
Target Sales Dip Predicted, But Investors See Rebound On Horizon
consumer News

Target Sales Dip Predicted, But Investors See Rebound On Horizon

Target, a mass-merchandise retailer, is likely to post lower Christmas quarter same-store sales, its third straight quarterly loss, on Tuesday. However, investors believe the store, which sells anything from USD 5 cami tops and USD 25 shorts to USD 100 coffee makers, will be able to increase sales and profits in 2024 as inflation eases, giving buyers more motivation […]

Read More
Inflation Woes Hit Rural Demand, Bajaj Electricals Q3 Profit Slides By 40%
Brands Companies Electronics Finance News

Inflation Woes Hit Rural Demand, Bajaj Electricals Q3 Profit Slides By 40%

India’s Bajaj Electricals reported its third straight quarterly profit decline on Monday, as rising inflation impacted seasonal spending and rural demand remained weak. Consolidated net profit fell nearly 40 per cent to 373.6 million rupees ($4.5 million) in the three months ending 31 December, after falling 56 per cent and 14 per cent in the previous two quarters. In India, […]

Read More