India's retailers celebrate better-than-expected Christmas

12/26/2012 | Economic Times (India), The

Sales in the 10 days before Christmas rose as much as 30% at India's retailers compared to the same period last year, and unexpectedly high demand is giving merchants the option of putting off deep discounting until mid-January. "This quarter has been one of the best since 2008. Demand has been consistent across categories," said Future Group CEO Kishore Biyani.

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Economic Times (India), The

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