Progressive Grocer - August 2024

En este asunto

In India’s growing retail market, traditional stores, known for personalized services and credit sales, have been able to build strong loyalty among low-income customers. In contrast, modern trade outlets, located in urban areas, serve middle-to-upper income groups with less frequent, larger purchases and a wider range of premium products

However, this ecosystem is currently undergoing significant transformations due to various factors. For a deeper dive into this evolving landscape, read the story (pages 24-27) detailing how modern trade, cash-and-carry formats, e-commerce, and new-age B2B providers are transforming India’s grocery retail market.

Talking of E-commerce, the quick commerce model in particular is expanding as rapidly as UPI payments. In the rapidly expanding Indian quick commerce sector, projected to reach $3.35 billion by the year-end and $9.95 billion by 2029, players face significant challenges. Competing with established services like Domino’s, which delivers pizzas within 30 minutes, requires more than just financial backing. Read the story (pages 80-83) on hows success hinges on mastering technology, developing efficient supply chains, and achieving profitability.

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