Grocery Retail

Biyani sisters' Foodstories sees triple-digit growth in 1st year of launch

Since the first store at Ambience Mall in New Delhi's Vasant Kunj, the chain has expanded to Bengaluru's Lavelle Road and Hyderabad's Banjara Hills

DealShare 2.0: Betting on the middle India shopper with a new strategy

After layoffs and founder exits, Tiger Global-backed startup rebuilds its model around value, convenience, lower-middle-class households

UPI's top checkout by volume in July: The grocery aisle dominates

NPCI uploads new data points on UPI from time to time. One of the reasons to do that is to provide an ecosystem-level overview to all ecosystem participants, including banks and fintechs

Inside a dark store: The unseen hands that make 10-min q-commerce tick

The writer steps into a Big Basket dark store, and unlocks the secret that makes your quick commerce app the modern technological equivalent of Alladin's djinn

Blink and cost of milk is different: Uber surge tech now in supermarkets

Electronic shelf labels are transforming grocery pricing in Europe and the US, but raise fears of real-time surge pricing and transparency risks

Cait to hold conclave to take on ecommerce, quick commerce giants

The three-day conclave from 16-18 May will focus on strategies to counter the alleged unethical practices of Amazon, Flipkart, Blinkit, Zepto and others

Piyush Goyal asks startups to focus on high-tech sectors, not on grocery delivery and ice creams

Commerce and Industry Minister Piyush Goyal on Thursday asked the Indian startup community to shift their focus from grocery delivery and ice cream making to high tech sector like semiconductor.

Adani Wilmar bets on urban revival, quick grocery delivery to boost growth

Top executives in sectors such as consumer goods and automobiles expect India's plans to cut personal income tax rates

Swiggy expands leadership team with 2 senior appointments to enhance ops

Both appointments are part of Swiggy's continued focus on scaling its operations, enhancing service delivery, and supporting its growth in both food delivery and quick commerce

Consumer Affairs Ministry examining quick commerce competition issues

Commerce and Industry Minister Piyush Goyal had said in August that the government is not opposed to e-commerce but is focused on ensuring fair competition between online and offline businesses

Australia sues grocery giants Woolworths, Coles over illusory discounts

The legal action marks a major move against the supermarket giants, which have faced scrutiny from lawmakers and regulators

Reliance expands trading area by 50% for non-food & general merchandise

Reliance Retail, the country's largest retailer, has increased the trading area for non-food and general merchandise by almost 50 per cent in its grocery stores in a bid to improve margins. The move is also likely to bolster the retailer's hyper-local aspirations through its e-commerce platform Jiomart, through which it is connecting its Smart and Smart Bazaar stores providing a wider variety to consumers, according to an industry insider. As part of that Reliance Retail is now going for space revision at its stores, allocating higher trading areas for non-food and general merchandise items, a segment which offers higher margins than other segments such as grocery and apparel. The extended retail space would not only allow Reliance Retail to offer a complete range of products for a segment but also fill in the gaps in its offerings, the source said. In the latest June quarter, Reliance Retail's EBITDA margin from operations was 8.2 per cent, which was up 30 basis points on a Y-o-Y

7-Eleven's retail empire includes banking, US' now bankrupt Tower Records

The Japanese retailer originated as a clothing store a century ago and evolved into a general merchandiser, selling everything from groceries and sundries, to clothing and home goods

Swiggy appoints Amitesh Jha as CEO of grocery delivery arm Swiggy Instamart

Amitesh Jha previously worked with Flipkart for nearly 14 years before joining Swiggy's 10-minute delivery platform

Zepto to raise $310 million, valuing quick-commerce firm at $5 billion

Quick-commerce grocery delivery platform Zepto, currently based in Singapore, plans to relocate to India to prepare for its IPO filing

Big fat Indian wedding: At Rs 10 trn, expenses 2nd only to food, grocery

The Indian wedding industry size of approximately Rs 10 lakh crore (USD 130 billion) is second only to food and grocery, with an average Indian spending twice on marriage ceremony than education, a report said. India sees 80 lakh to 1 crore weddings annually compared to 70-80 lakh in China and 20-25 lakh in the US. "The Indian wedding industry is nearly double the size of the industry in the US (USD 70 billion), albeit smaller than China (USD 170 billion)," brokerage Jefferies said in a report. Weddings are the second largest consumption category in India. "Weddings, if they were a category, would rank as the second largest retail category only behind food and grocery (USD 681 billion)," it said. Weddings in India are elaborate and characterised by a range of ceremonies and spending. The industry spurs consumption in categories like jewellery and apparel and indirectly benefits autos and electronics. Despite political efforts to curb them, luxury weddings at exotic locations continu

Reliance Retail begins pilot runs for quick grocery delivery in Mumbai

Reliance Retail's new fast-delivery service is integrated into the JioMart mobile application under the 'hyperlocal delivery' option. The platform aims to bring delivery time down to 30 mins

Growing presence: D2C brands hitch a ride on the quick-commerce wagon

D2C brands growth in quick commerce has overtaken traditional e-commerce, and the channel is currently proving to be more profitable as well

Flipkart launches fourth grocery fulfilment centre in West Bengal

E-commerce major Flipkart on Monday announced the launch of its fourth grocery fulfilment centre in West Bengal. The fulfilment centre in Malda, around 340 km from Kolkata, is spread over 1.13 lakh square feet with a dispatch capacity of over 1 lakh units per day. It will cater to more than 7,000 orders per day across Berhampore, Malda, Siliguri and the north Bengal belt, and parts of Jharkhand and Bihar, including Bhagalpur, Deoghar, Munger, Purnea, Rampurhat and Saharsa. The company claimed that the centre will generate more than 700 direct and indirect local job opportunities, while providing nationwide market entry for thousands of local sellers, MSMEs, and small-scale farmers in the region. West Bengal Agriculture Minister Sobhandeb Chattopadhyay welcomed the decision of Flipkart to launch its fourth grocery fulfilment centre. "We are proud to welcome Flipkart's another grocery fulfilment centre in the state and foresee greater participation in the digital commerce space in t

Expanding our grocery, fulfilment centres in 12 months: Flipkart's Badri

Badri said that Flipkart is generating over 100,000 new job opportunities across its supply chain to provide services during the festive season