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Lenskart, Meesho among top picks as value retail leads India's consumption story: Siddhartha KhemkaPhoto: Economic Times Markets
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ECONOMYEconomic Times Markets · 3 hours agoLive

Lenskart, Meesho among top picks as value retail leads India's consumption story: Siddhartha Khemka

Reported by Economic Times Markets, not nibnow. We are not the publisher of this story, only the source is.

WHY IT MATTERS

The shift toward value‑focused retail and inventory challenges in premium categories could affect everyday prices and product availability for Indian consumers, especially as rural incomes influence discretionary spending ahead of the festive season.

WHAT HAPPENED

Value-focused retail formats are growing, while premium categories experience challenges due to stock availability issues. Recent demand fluctuated with a dip noted in September and October, with expectations for improvement in mid-October. Beauty products significantly influence sales, contributing to the overall trends in the market. Rural incomes may pose risks to discretionary spending as festive season approaches. Companies with effective inventory management and store-level traction are be

KEY CONTEXT

Value retail formats target price‑sensitive shoppers and have been expanding in India, while premium segments rely on steady supply chains; effective inventory management and store‑level performance are critical factors for retailers in this market.

WHAT TO WATCH
  • •Signs of demand recovery expected around mid‑October
  • •Consumer spending trends during the upcoming festive season
  • •How retailers like Lenskart and Meesho adjust inventory to address stock constraints
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Read full article at Economic Times Markets