#MintPremium | HUL posts underwhelming results as urban consumption remains muted; Jobs shine bright in quick commerce’s dark stores; Top News

#MintPremium | HUL posts underwhelming results as urban consumption remains muted; Jobs shine bright in quick commerce’s dark stores; Top News

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Dark stores are scrambling for workers to pick, pack and load a range of goods, as a quick commerce funding boom sparks breakneck expansion across hundreds of India's towns and cities. Open positions for so-called under-the-roof workers have shot up, industry specialists said, as companies aggressively expand their networks to realize growth ambitions. Not surprisingly, attrition has soared.

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Across India’s towns and cities, consumption has cooled. And, it’s unlikely to pick up any time soon. That was the sombre message from the quarterly earnings of Hindustan Unilever Ltd, India’s largest packaged consumer goods maker seen as a proxy for domestic consumption.


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