Hypermarkets in malls are losing space due to declining sales due to quick commerce apps like BlinkIt and Zepto. Mall operators like Landmark Group s Spar India have reduced store sizes and closed some outlets in Delhi NCR and Bengaluru. Reliance Smart Bazaar and Deerika Hypermart have also experienced a decline in sales. The trend has shifted from hypermarkets being the big draw to dining as the new pull factor.
Hypermarkets in malls are losing space due to declining sales due to quick commerce apps like BlinkIt and Zepto. Mall operators like Landmark Group s Spar India have reduced store sizes and closed some outlets in Delhi NCR and Bengaluru. Reliance Smart Bazaar and Deerika Hypermart have also experienced a decline in sales. The trend has shifted from hypermarkets being the big draw to dining as the new pull factor.
Hypermarkets at malls have started giving up space with some of them even shutting stores as sales have declined due to the penetration of quick commerce apps such as BlinkIt and Zepto, three mall operators said.
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Spar brings snacking varieties to India and Nigeria
Retailer has joined forces with Rijk Zwaan to bring new snacking vegetable varieties to consumers
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Multinational retailer Spar has introduced new snacking vegetable varieties, bred by Rijk Zwaan, into its stores in India and Nigeria.
Stores in both countries will stock the vegetables as part of focus on providing innovative, high-quality, locally grown fresh produce and tapping into the trends of snacking and healthy eating.
In early 2021 Spar India rolled out a variety of Sn!bs-branded snack vegetables in four stores in Bangalore, which were met with a positive response according to Venkatareddy TG, Spar India’s business head of fruit and vegetables.