Page 4 - Grocery Retail

JioMart a real juggernaut, but needs to broaden its customer base

Facing stiff competition in BigBasket and Grofers, as well as Swiggy and Zomato, thanks to its late entry

Over 5,000 employees from Walmart India joining Flipkart Wholesale

The e-commerce firm said job offers made to staff at Walmart India have been aligned to similar roles at Flipkart in terms of pay, responsibility and profiles based on industry best practices

Grofers eyes fashion segment for higher margins, to stick to private labels

Grofers, which has a strong play in the private labels segment across categories, is likely to follow this strategy in the fashion segment

Organised F&G retail's FY21 revenue expected to decline by 5-10%: Ind-Ra

The revenue of India's organised food and grocery (F&G) retail is expected to decline by 5-10 per cent in FY21, India Ratings and Research said on Monday.

Resilience, doing more with less helped us during Covid-19: BigBasket CEO

BigBasket co-founder and CEO Hari Menon said the company hired over 12,000 persons in 16 days to meet the surge in demand

Local kiranas hop on to digital bandwagon to manage their daily business

Start-ups such as Max Wholesale, Jumbotail and ShopKirana are helping them place orders, maintain inventory, optimise delivery routes and make payments, all digitally

After muted Q2 show, DMart's sales may gain traction in third quarter

Margin trajectory, however, depends on festival season discounts, share of general merchandise

Two techies who use queue management systems to prevent crowding at stores

Dingg, which is awarded a grant under the government's CAWACH initiative, is growing massively as store-owners take measures to prevent over-crowding

Amazon, Samara Capital invest Rs 275 cr in supermarket chain More's parent

Witzig has allotted a total of 193 million equity shares to the investors to raise this capital at a premium of Rs 4.28 per share and paid-up capital of Rs 10 per share

Online grocers see uptick in orders amid localised lockdowns in many states

Grocers see momentum in orders of fruits, vegetables & staples as people avoid stepping out in containment zones

Vegetables plunge by up to 44% the past three week on surge in arrivals

With govt allowing sale of essential commodities directly to consumers, farmers have come together to form a group of aggregators and are supplying fresh produce directly to bulk and retail consumers

A brand new local world

As India goes from Lockdown 4.0 to Unlock 1.0, anxiety about health, finances and family continues to be the overriding emotion for those stuck at home

Small brands using familiarity to redefine engagement with customers

A clutch of home grown food and beverage brands are using their familiarity with local communities to redefine the terms of engagement with customers

Gurugram-based online grocery retailer Satvacart turns cash positive

Satvacart ensures a delivery slot every 30 minutes seeing to it that the customer gets its delivery within 60 minutes of the order getting placed

Coronavirus impact: Status quo on shopping a day after govt eases curbs

Many seek clarity as to what constitutes non-essential retail

Fitness, health startup Cure.fit launches grocery delivery services

The firm will deliver ready to cook meals, staples like pulses, atta, and spices, dairy products, and nutrition products

Covid-19 forces retailers to reassess volume-driven business strategy

Crowd management policy critical; associations turn to government

Janata curfew: All biz, offices barring essential services to shut in Noida

Shopping malls, schools, colleges, gyms, cinema halls, multiplexes, community centres and banquet halls have already been closed till April 2

Covid-19: Delhi markets to remain shut for 3 days from Saturday, says CAIT

PM Modi called for a 'Janata Curfew' on Sunday from 7 am to 9 pm, saying no citizen, barring those in essential services, should go out of house.

Coronavirus: India reports 50 fresh cases, total number climbs to 223

West Bengal and Punjab reported two cases each while Pondicherry and Chandigarh Punjab have reported one case each