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hypermarkets: 2024: A space odyssey; hypermarts cut shelf space as Q-comm occupies mindspace

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. ....

Uttar Pradesh , United States , Deerika Hypermart , Abhishek Bansal , Muhammad Ali , Lulu Group , Boston Consulting Group , Prestige Group , Landmark Group Spar India , Spar India , Reliance Smart Bazaar , Harshv Bansal , Pacific Malls , Quick Commerce Apps , Sales Decline , Small Operators , Landmark Group ,