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The rise of quick commerce has caused a significant decline in the sale of food, beverages and confectionery in urban centers, as 52 per cent of physical store retailers reported experiencing the drop, according to a report by global consulting firm PwC.
www.thehindubusinessline.com

Retailers report 52% drop in essential goods sales due to quick commerce
PwC report shows quick commerce impact on urban consumables sales, with niche markets less affected, and tier 2, 3 cities resilient.