This is an archive article published on June 15, 2020
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Future of consumption: What week one of unlock was like for retailers and service providers

Reports coming from across the border suggest normal life has resumed in China and there are signs people are out and about again. More likely though, retail therapy is a thing of the past.

Written by: Leher Kala
5 min readNew DelhiJun 15, 2020 07:12 PM IST First published on: Jun 15, 2020 at 07:12 PM IST
unlock and lockdown, retailers, service providers, mall goers, mall visitors, shoppers, shopping, retail therapy, indian express, indian express news We have entered the age of the conscious—and terrified—consumer. (Source: Getty/Thinkstock)

There was a temporary air of jubilance last week, in anticipation of malls, marketplaces, salons and restaurants reopening in Delhi. Albeit briefly, we could fantasise that with lockdown over, life may start limping back to normal, Covid-19 notwithstanding. Alas. There could not have been a worse time to lift restrictions on public spaces in the Capital.  Every day, the newspapers are full of the horrific scenes outside hospitals. In this scenario, when cases are spiraling out of control, and when even the Supreme Court has pulled up the Delhi government for “deplorable healthcare conditions”, the mood isn’t exactly conducive for shopping. It’s hardly surprising then, that malls in Delhi saw just a quarter of pre-lockdown customers return.

However, according to an interesting report published in this newspaper on Saturday, this significantly lower number of shoppers bought a lot more; contributing to more than half the revenues they earned earlier. It appears people are buying extra and stocking up, so they can avoid coming back, an alarming trend that doesn’t bode well for the future of malls. There are going to be many other discernible shifts in the way we shop post-Covid. To begin with, malls, for the foreseeable future, are no longer venues to amble in, leisurely, window shopping and drinking coffee. The mindset has changed, people are interested in essential goods only. Plus, there is a reluctance to enter any place where people congregate without an assurance of a contactless shopping experience.

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