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Business
Tasmac Stores Face Queues Amid ₹10 Price Hike, Fake Closure Rumors Spread
✍️ The Hindu
🗓 03 Nov 2026, 12:32 PM
👁 13
Customers at several Tasmac outlets are lining up as the company raises prices by ₹10, sparking confusion and unrest. Rumours that the stores would shut down have also circulated, adding to the chaos.
Tasmac, a popular retail chain, has announced a price increase of ₹10 on its products, prompting long queues and disorder at multiple outlets. Shoppers reported that the sudden hike has led to confusion and frustration, with some customers waiting for extended periods to complete their purchases.
In addition to the price change, unverified reports claiming that Tasmac stores would close down have circulated on social media. These rumours have contributed to the unrest, causing further delays and anxiety among patrons.
Tasmac has not yet issued a formal statement addressing the price adjustment or the closure allegations. The company’s response, if any, remains pending, leaving customers uncertain about the future of their local branches.
Retail analysts suggest that such price hikes, even if modest, can trigger significant customer backlash if not communicated clearly. The current situation underscores the importance of transparent pricing strategies and timely communication to maintain consumer trust.
Customers are advised to verify official announcements through Tasmac’s website or customer service channels before making purchases or reacting to unverified news.
In addition to the price change, unverified reports claiming that Tasmac stores would close down have circulated on social media. These rumours have contributed to the unrest, causing further delays and anxiety among patrons.
Tasmac has not yet issued a formal statement addressing the price adjustment or the closure allegations. The company’s response, if any, remains pending, leaving customers uncertain about the future of their local branches.
Retail analysts suggest that such price hikes, even if modest, can trigger significant customer backlash if not communicated clearly. The current situation underscores the importance of transparent pricing strategies and timely communication to maintain consumer trust.
Customers are advised to verify official announcements through Tasmac’s website or customer service channels before making purchases or reacting to unverified news.