Coronavirus threatens retail jobs, Indian retailers see revenue hit
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BENGALURU (Reuters) - The coronavirus pandemic amid an economic slowdown has hit revenue at Indian retailers selling non essential items like clothes and jewellery by 75% so far and is likely to cause widespread job losses, an industry body said on Monday.About 40% of the six million employees working in India's modern, rather than traditional, retail sector could likely lose their jobs in the next four months if the government does not intervene, Kumar Rajgopalan, chief executive, Retailers..