Progressive Grocer Magazine - March 2019

In this issue

Why go to the store? We saw a few jaws drop during a session
at the recently concluded India Food Forum conference, when a
speaker questioned the need for physical stores. I thought the
question was particularly timely, considering our outlook of the
omnichannel world, going ahead. I mean, most surveys seem
to indicate that, while consumers are increasingly embracing
online grocery shopping, they also express a desire and
affection for the experience delivered by a trip to the store.
Online groceries are a rising trend. Near-future predictions
include: Online grocery will grow steadily as consumers get a
lot less anxious about buying produce online. Grocers will try to
move to pure e-commerce models to handle the rapid growth,
but will be stymied by lack of skilled personnel. And grocers will
scale out their private label on any channel they can get their
hands on.
The innovator’s dilemma is currently real for every grocer
on the planet, many of whom don’t understand the nuances of
technology-driven marketing. Not many existing supermarkets
are prepared for the impact, even though they are doing
their best to adopt as much tech as they can. Unfortunately,
we’ve found that margin improvements required to win online
groceries mean that they will probably have to be technology
companies, applying data and code to stitch together a new way
to build for the next hundreds of millions who have really started
to dislike shopping at stores

CEOs 2020 Vision For The Grocery Sector

At the 12th edition of India Food Forum last month, CEOs of major grocery chains and leading retailers deliberated on the ways to prepare and face challenges such as the rapid rise in e-commerce and digital ecosystem management and come up with the right strategies for adapting to the needs of evolving customers.

8 mins

“Our Motto Is ‘Love All, Serve All' And Our Tagline Is ‘Largest Variety Of Imported And Indian Goods And Groceries'”

Kunaal Kumar owns the Modern Bazaar store chain in Delhi-NCR. He is a passionate grocer with almost 28 years of hands-on experience running modern grocery retail outlets in some of the toniest locations in Delhi-NCR. It currently operates nine stores over a total retail area spanning 40,000 sq. ft.. Modern Bazaar stores stock about 15,000 SKUs across a product range that covers all home care products, Indian and imported food products including groceries, staples, fresh ready to eat, bakery, chocolate, in house products of nuts, dips, sauces, and personal care products.

10 mins

Manufacturers & Modern Trade: Joining Forces To Win Over Bharat

Marketing heads of leading Indian food and grocery brands and retailers engaged in a thought leadership session moderated by Kabir Gossain, Customer Director – Modern Trade, Unilever and Kamaldeep Singh, President, Food Business, Future Group. The debate centred on the rapid expansion of modern trade in tier 2 and 3 cities, the implications for food brands (from large brands to startups) and the evolving paradigms in the relationship between modern trade and these brands as they penetrate the hinterland.

8 mins

Khaya Toh Mazaa Aa Gaya!

Company and brand profile: Pravin Masalewale, one of the masters in the exotic world of spices, was founded with a humble beginning in Pune 57 years ago by an entrepreneurial couple Hukmichand Chordia and Kamal Chordia.

4 mins

A Leader In Premium Quality Spices

Company and brand profile: Paras Spices Pvt. Ltd. began its journey from being a local supplier of spices to a supplier of International quality savory ingredients in 1982.

3 mins

Bigger, Bolder, Better

2018 was the year grocers truly upped their tech game like never before. Expect even more next year.

8 mins

Read all stories from Progressive Grocer

Progressive Grocer Magazine Description:

PROGRESSIVE GROCER has been the voice of the food retail industry for over 80 years in the USA. Serving a wide audience in the Indian market, Progressive Grocer India's readers are top management at headquarters and top decision makers at store level. By anticipating, reporting and interpreting important data and trends, PROGRESSIVE GROCER fulfils its mission of identifying and highlighting insights and opportunity for leading grocery retailers, thereby accelerating brands and sales success for leading manufacturers