Goa retail may take 15-18 months to recover if third wave hits: Industry
Goa retail may take 15-18 months to recover if third wave hits: Industry
Job losses, massive loss of revenue and negative consumer sentiment has pummelled Goa’s retail sector, which was just about recovering from the after effects of the first Covid-19 wave. While industry bodies are yet to count their losses, stakeholders said that the second wave and the consequent state-wide curfew has cause a huge revenue loss for the organised and un-organised retail sector.
Job losses, massive loss of revenue and negative consumer sentiment has pummelled Goa’s retail sector, which was just about recovering from the after effects of the first Covid-19 wave. While industry bodies are yet to count their losses, stakeholders said that the second wave and the consequent state-wide curfew has cause a huge revenue loss for the organised and un-organised retail sector.