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The 10-minute challenge: Quick-commerce becomes the villain for neighbourhood kirana stores, ET Retail

Quick commerce companies now make up 40-50% of all e-commerce sales of FMCG firms and they pose an existential threat to both neighbourhood kirana stores as well as big e-comm players. Here’s what makes them tick. ....

Albinder Dhindsa , Suresh Narayanan , Aarushi Patel , Sandeep Goyal , Blinkit Dhindsa , Swiggy Instamart , Zomato Blinkit , Ayush Gupta , Imagenaresh Singh Shekhawat , National Capital Region , Bain Co , Representative Image , Representative Imagenaresh Singh Shekhawat , Big Basket , India Gate , New Year , World Cup , Quick Commerce , Kirana Stores , Food Delivery , Instant Delivery Apps , Quick Delivery ,

Paytm loses charm as kiranas turn to other payment apps after RBI directive

Among the retailers who have initiated or are considering the switch, PhonePe emerges as the preferred choice for 50 percent of respondents, followed by Google Pay at 30 percent, and BharatPe at 10 percent. ....

Madhya Pradesh , Uttar Pradesh , Anshul Gupta , Paytm Payments Bank , Paytm Payments Bank Ltd , Kirana Club , Kirana Club Founder , Reserve Bank , Paytm Payments , Google Pay , Paytm Directive , Paytm Payments Bank , Kirana Stores , Rbi Directive , Rbi Ban ,

Quick-commerce: Quick commerce platforms surge rocks neighborhood grocery stores, ET Retail

India s neighborhood grocery stores, numbering around 12 million, experienced a slowdown in sales in the last quarter of 2023, while quick-commerce firms gained market share. Companies like Marico, Dabur, and Parle noted challenges in profitability and liquidity for traditional kirana stores. Quick-commerce platforms like Swiggy Instamart and Zomato-owned Blinkit have contributed significantly to FMCG sales, accounting for 30-50% of e-commerce sales for these companies. ....

Swiggy Instamart , Zomato Owned Blinkit , Quick Commerce , Grocery Stores , Kirana Stores , Fmcg Companies , General Trade , Consumer Goods ,

FMCG companies chart fast-moving sales growth path for kiranas to beat retail slowdown

General trade remains the mainstay of FMCG sales in India, despite the surge in ecommerce in the past three years since the outbreak of Covid-19 and high growth of modern trade led by retail chains such as Reliance Retail and D Mart. ....

Jaideep Nandi , Akshay Dsouza , Saugata Gupta , Mayank Shah , Bajaj Consumer , Akshayd Souza , Mobisy Technologies , Reliance Retail , Bajaj Consumer Care , Kirana Stores , Rural Demand , Parle Products ,

FMCG companies chart fast-moving sales growth path for kiranas to beat retail slowdown, ET Retail

General trade remains the mainstay of FMCG sales in India, despite the surge in ecommerce in the past three years since the outbreak of Covid-19 and high growth of modern trade led by retail chains such as Reliance Retail and D’Mart. ....

Saugata Gupta , Jaideep Nandi , Akshay Dsouza , Mohan Goenka , Sunil Dsouza , Mayank Shah , Man Company , Representative Image , Representative Imagefast Moving , Bajaj Consumer , Akshayd Souza , Mobisy Technologies , Reliance Retail , Bajaj Consumer Care , True Elements , Consumer Products , Sunild Souza , Kirana Stores , Rural Demand , Bajaj Consumer , Parle Products , Reliance Retail ,