SMART Bazaar’s Post

In India: One Kirana grocery shop (small local shops in India) near my home that has been in existence for the last 25+ years is shutting down, I am hearing that another Kirana grocery shop is also not doing well, and this one might also shut down soon. These shops have managed to survive multiple waves of disruption in grocery and online purchases: First wave in big format offline grocery (Big Bazaar, Reliance fresh etc), second wave in online shopping (Amazon, FlipKart etc) and third wave in online grocery (JioMart, BigBasket etc) There is a possibility that quick commerce firms (BBNow, Zepto, BlinkIT etc ) are hitting these Kirana shops badly. For instance, my family has switched to BBNow for all our small and quick purchases, we used to go to these Kirana shops very frequently earlier for such purchases. I was very skeptical of quick commerce and about the user need/demand for such purchases. Voila! There was an unserved market that these quick commerce firms are now satisfying or serving. This is a very interesting development. #quickcommerce #ecommerce #grocery #onlinegrocery

Retail tech company Ace Turtle has launched the first Toys"R"Us store in Bengaluru, third in India. Located at Bhartiya Mall near Hebbal, the new outlet is spread across 6,200 sq. ft. of retail area. Click on the link below to know more... Nitin Chhabra I ace turtle I Arjun Aggarwal I Bhartiya Urban #aceturle #toysrus #newstore #bengaluru #bhartiyamall #toyretailer #globalbrand #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing 

In the quest of healthy salts, KSHAAR is the go-to answer. Order Today! To shop, visit kshaar.com, or find Kshaar Salts on Amazon, Flipkart, Big Basket, and Jio Mart. #Kshaar #LakeSalt #Sudried #Healthy #Iodized #NaturalSalt #EnergeticSalt #RichinMinerals #SaltinFood #CureProblems #HelpsDigestion #LakeSalt #BlackSalt

Wow Momo enters Mohali The three new stores are of its sub-brands—Wow Momo, Wow Chicken and Wow China. With the opening of these stores, the homegrown chain is now present in 32 cities Click the link to know more... Wow! Momo | Sagar Daryani #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailreports #retailtechcase #retailtrends #retailbusiness #ir #indiaretailing

Recently met a Kirana owner in Mumbai who opened a grocery shop a few years ago. Last year, the expenses totaled Rs. 213 for groceries and Rs. 175 for advertising, yet revenue was just Rs. 143, which should have been at-least Rs. 388 to cover some expenses. Ever heard of any shopkeeper who: 1. Spends ~Rs. 4 to earn Re. 1? 2. Splurges more on discount ads than sales earnings? 3. Attracts investments despite running a loss on groceries? 4. Boosts shop's valuation while compromising basic profitability? #Zepto

𝙄𝙣𝙩𝙚𝙧𝙚𝙨𝙩𝙞𝙣𝙜 𝘼𝙧𝙩𝙞𝙘𝙡𝙚 𝙩𝙤 𝙧𝙚𝙖𝙙 -- 👉 Ghost 👻 Shopping Malls Puzzle 👉 Malls 🏢 Culture is Changing 👉 Retail in India 🇮🇳 Needs Reinvention 👉 Need of Affordable Luxury Malls 🏬 👉 Malls can change to Boisterous Melas 🎪 🎠 🎢 🎡 than a Modern Mall With Escalators and Air Conditioners, With the increasing traffic 🚥 on Online Shopping 🛍 Platforms 💻 I am curious to know the future plans of Big Malls of India and Supermarkets like DMart - Avenue Supermarts Ltd & Reliance Retail will continue in the days to come. It's going to be an interesting casestudy in next 5-10 years -- How The Shopping Malls Culture has been Changed due to Blinkit, Swiggy, Zepto, JioMart Digital, and some more will join this club soon.... The most interesting thing would to know the pivot of DMart - Avenue Supermarts Ltd, to compete with all these online platforms. Fingers Crossed 🤞 Whatever the changes will be... Consumers like you and me are going to play a vital role in all these. #MallCulture #Reinvention #10MinutesDelivery #OnlineShopping #GhostMalls #Melas

#retailinsights Retail with Rasul Bailay Damodar Mall, Chief Executive Officer – Grocery Retail at Reliance Retail Ltd. engages in a conversation with Rasul Bailay, Group Managing Editor of IMAGES Group about the evolution of India’s modern retail, the rapid growth of quick commerce in the country, the concept of premiumisation in India at every strata of the consumer segments and much more. To watch the exclusive interaction, visit Retail with Rasul Bailay and get daily updates on retail on IndiaRetailing.com #relianceretail #reliance #relianceindustries #supermarketwala #grocery #groceryretail #valueretail #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing 

Damodar Mall , CEO of Reliance Grocery Retail said something interesting - there are 2 types of Indian buyers 1. Indian consumers who buy in bits and pieces to save money 2. Indian consumers who buy in large quantities to save money As they were building Reliance smart baazar, smart point - they felt it was worth building groceries for Indians who love to buy in large quantities at discounted rates As for that cohort of consumers, the average value is significantly higher and they can experience better margins So for quick commerce to become large, they will ideally want to increase the frequency of orders - or will be launching interesting combined deals They have already started doing it in a bunch of categories, selling 4 cokes for 108rs instead of 120 bucks It'll be interesting to see how quick commerce players will figure out their supply chain and delivery model to make consumers do large quantity ordering

Re-commerce platform Rockingdeals Pvt. Ltd. (RDPL) will open six mega stores in Punjab with a total investment of Rs. 10 crores. These franchise stores will open in Barnala, Moga, Morinda, Panipat, Abohar, and Bannur over the next 12 months, with two openings in the next three months. Click on the link below to know more... RockingDeals Circular Economy #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailbusiness #ir #IndiaRetailing

Avenue Supermarts Limited is an Indian retail company that operates the DMart chain of hypermarkets. Founded in 2002 by Radhakishan Damani, DMart focuses on providing a value retailing experience with a wide range of products including food, toiletries, beauty products, garments, kitchenware, and more. The company has successfully positioned itself as a leading supermarket chain in India by focusing on cost efficiency and providing value for money to its customers. With locations spread across various cities, DMart continues to expand its presence in the Indian retail landscape. Its business model emphasizes low prices, maintaining low operational costs, and a consistent emphasis on quality. (Source: Tijori Finance , screener.com) #Dmart #Avenuesupermarts #fmcgindustry #FMCG #supermarket #operationalcost #profit #investing #Returns #earnings #fundamentals #fundamentalanalysis