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In other cases, the merchant is assessed "counter rent" for a "store-within-a-store" concept, common in the cosmetics industry, but also not unheard of in clothing. In other cases, the vendor agrees to buy back unsold merchandise from the retailer — this is a common arrangement for higher-value seasonal clothing, like designer coats.
Although it is primarily a wholesale market, it also caters to occasional retail buyers. Owing to the sheer volumes that are traded here every day, a visit to the market can be termed sensory overload. In addition to being a market for traders, Sadar Bazaar is a assembly constituency. Sadar Bazar is the largest wholesale market in Asia & India.
Koyambedu Wholesale Market Complex (KWMC) is one of Asia's largest perishable goods market complex located at Koyambedu, Chennai. The market complex is spread over an area of 295 acres (1.19 km 2 ). Inaugurated in 1996, the complex consists of about 3,100 shops, [ 1 ] including more than 1,000 wholesale shops and 2,000 retail shops.
India has an Internet user base of about 690.0 million as of November 2023, about 40% of the population. [1] Despite being the second-largest user base in world, only behind China (1.079 billion, 48% of population), the penetration of e-commerce is low compared to markets like the United States (266 million, 84%), or France (54M, 81%), but is growing, adding around 6 million new entrants every ...
Price inflation in these countries has been 5 to 10 times lower than price inflation in India. The current consumer price inflation in Europe and the United States is less than 2%, compared to India's double digit inflation. The Pepsi and Coca-Cola example is meaningless in the context of Indian beverage market.
Maybe the fall clothes just look especially nice this year is because it's been one very hot American summer — much of the U.S. staggered through weeks of record-breaking heat this year — and ...