grocery: Organised food & grocery retailers topline seen clipping at 14-15 per cent next fiscal
Brick-and-mortar food and grocery retailers are expected to achieve a revenue growth of 14-15% in the next fiscal year, driven by robust demand from small towns, despite increasing competition from e-commerce platforms, according to a report by Crisil Ratings. Last year, the segment witnessed a record 30% growth, and the projected growth indicates three consecutive years of strong performance.