New Delhi, April 8 -- With supply of essential items remaining tight amid the nationwide lockdown due to coronavirus scare, it is the retailers who are feeling the squeeze on their profit margins in Tamil Nadu.
"The supplies are tight. Given this situation, some wholesalers are demanding the Maximum Retail Price (MRP) from us," the owner of a retail outlet in Chennai's Mylapore locality told IANS.
Another retailer however said company distributors are billing at the normal rates.
"Buying at MRP and selling at the same price does not make business sense. On the other hand, buying at MRP and selling at a higher price results in loss of customer goodwill and also invites legal trouble," N.R.R. Suresh Alwar, a grocery store owner in Trichy, ...