New Delhi, June 15 -- Retail sales in the month of May 2021 stood at -79 per cent of the pre-COVID level of sales on a Y-o-Y comparison with May 2019 as retail businesses across states were closed due to the second wave of the pandemic, said a survey by the Retailers Association of India (RAI) on Tuesday.
With sales at -34 per cent in May 2021 (Y-o-Y), categories such as Food & Grocery fared better than categories like Footwear (-86 per cent), Beauty, Wellness & Personal Care (-87 per cent) and Sports Goods (-80 per cent) as compared to pre-covid sales levels (May 2019), said the 16th edition of the Retail Business Survey RAI.
Retailers across regions are reflecting a deep fall in sales with Southern India at -73 per cent in May...