Inflation worrying you? Try supermarkets!
Sandeep Kannan | May 12, 2008
Mr. Vinod Sawant, the store manager of Food Bazaar at Evershine Mall, Malad says, "Due to rise in inflation, we have reduced our profit margins and we gain by keeping low margins."
According to him, the impact of inflation is such that a customer, who would spend Rs 500 at Food Bazaar in a day, now spends only Rs 350 thereby limiting his spending.
DMart, one of the first retail stores to be introduced in Mumbai attracts more customers through many discount offers and quality products.
It offers a fixed 2 per cent off on all products that is bought from the store and a discount of 6 per cent on all biscuits.
Photograph: stock.xchng
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