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Retail growth sagged in Q3
In the December quarter, Pantaloon Retail, the country’s largest listed retail chain, showed its lowest same-store sales growth figures in two years, signalling a continued slowing in consumer spending and economic growth. Same-store sales (SSS) show growth through stores in the business for more than a year. The Kishore Biyani-promoted company posted SSS growth of 3.2 per cent in value retail
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