Mumbai, Feb. 17 -- Nine out of ten organised retail stores in India are losing money due to poor shelf management, leaving a significant portion of their networks struggling to turn a profit, according to a new report by Vector Consulting Group
The report titled 'The Ticking Shelf: The Overlooked Economics of Store Performance' states that 91 per cent of retailers experience revenue leakage at the shelf.
The study, which surveyed leaders from 100 major retail chains, reveals that between 28 per cent and 40 per cent of stores across various formats continue to operate below profitability despite overall market growth.
The report suggests that these financial losses are driven by a failure to treat shelf space as a high-value asset. Whil...
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