Retailers grappling with price competition

To read more, please click hereAs consumers grapple with economic hardships, retailers find themselves embroiled in an increasingly fierce price war. However, pricing pressures are just one aspect of a larger issue which vendors at traditional wet markets are dealing with. Price competition hits traditional wet market vendors Vendors in traditional wet markets are grappling with the difficult task of attracting customers and increasing sales, particularly in the face of fierce competition from supermarket chains and convenience stores. Her stall struggles to attract loyal customers, as well as those unaware of the store’s lower-priced eggs. Hai Cuc, a vendor selling fruits and vegetables at the same market, said that she can only sell vegetables […]