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A Trifecta Of Troubles For Consumer Companies This March Quarter
Inventory for consumer goods makers piled up in the fourth quarter as demand slowed down, say distributors.
28 Mar 2019, 11:44 AM IST
Soaps, shampoos, detergents, food items...they're all piling up at consumer goods distributors and wholesalers across the country, according to people in the trade that BloombergQuint spoke to.There’s a cash crunch in the system and people are not buying as they used to, indicating a slowdown in the economy, said four distributors across four states.Wholesalers are also not purchasing anymore as there is pile up of inventory at every...
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