Samir Modi To Open 10,000 24Seven Stores in 5 Years; Tests Cashier-Less Check Out
Images Retail|October 2018

Some of the tech-based innovations the brand is introducing in keeping with its revamped image include LCD screens, bar-code reading screens, digital bar-codes, self-service and food vending machines

Charu Lamba
Samir Modi To Open 10,000 24Seven Stores in 5 Years; Tests Cashier-Less Check Out

Samir Modi launched 24Seven retail stores in 2005 as India’s first convenience store chain that stays open round the clock. These stores offer Indian consumers a completely international shopping experience with a wide range of products from ready-to-eat food, beverages, groceries provisions, various convenient services and a lot more 24 hours a day, seven days a week.

When Modi launched 24Seven, he marketed them as a one-stop shop for all daily and general necessities of the modern-day double-income family.

Talking about the journey of the brand, Modi says, “It has not been a smooth journey. We had to struggle a lot running a convenience store business in India which runs 24x7. We had to modify our retail strategies many times. In fact, we had to shut the business for over a year.”

However, the scenario changed in March 2017, when the government permitted shops to stay open round-the-clock. Sharing the secret of his brand’s survival and eventual success, Modi states, “Running a convenience store business is not as easy as running a supermarket or a bakery business. It requires a different skill set and different assortment of products to run it successfully.”

この記事は Images Retail の October 2018 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Images Retail の October 2018 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

IMAGES RETAILのその他の記事すべて表示
Our Malls Should Reflect the Customer of Today
Images Retail

Our Malls Should Reflect the Customer of Today

Twenty four years old Sanya Runwal, Director - Retail, Runwal, speaks about the guiding principles behind the group's retail transformation, future developments and her vision for brand Runwal as the next generation leader

time-read
10 分  |
September 2024
D2C Brands Flag Bearers of India's Growing Digital Economy
Images Retail

D2C Brands Flag Bearers of India's Growing Digital Economy

Bypassing the intermediaries and traditional distribution channels, and leveraging digital platforms and cutting-edge technologies to service consumers directly, D2C brands have emerged as a disruptive force on the Indian retail landscape

time-read
7 分  |
September 2024
From Sleeplessness to Success
Images Retail

From Sleeplessness to Success

The dream journey of The Sleep Company from being a D2C startup founded to help Indians sleep better to crossing 100 stores and ₹500 crore ARR under five years to become one of the fastest growing D2C-first brands

time-read
7 分  |
September 2024
REDEFINING FASHION RETAIL WITH EXPANSION, DIGITAL INNOVATION, AND SUSTAINABLE GROWTH
Images Retail

REDEFINING FASHION RETAIL WITH EXPANSION, DIGITAL INNOVATION, AND SUSTAINABLE GROWTH

CnM Chunmun, a name synonymous with fashion and lifestyle retail in North India, is embarking on an exciting new chapter in its impressive 40-year journey.

time-read
3 分  |
September 2024
Retail Sector Records Strongest Hi Leasing in 5 years: CBRE
Images Retail

Retail Sector Records Strongest Hi Leasing in 5 years: CBRE

Leasing in Bengaluru, Chennai, and Delhi-NCR accounted for 59% share during Jan-June 2024.

time-read
5 分  |
August 2024
Lulu Mall Bengaluru Welcomes 5 New Brands
Images Retail

Lulu Mall Bengaluru Welcomes 5 New Brands

Lulu Mall, Bengaluru, operated by the multinational developer Lulu Group, has expanded its portfolio by welcoming five new retail brands, the company wrote on social media.

time-read
1 min  |
August 2024
Gujarat gets its First IMAX at Palladium Ahmedabad
Images Retail

Gujarat gets its First IMAX at Palladium Ahmedabad

Mumbai-based PVR Cinemas opened a new theatre at Palladium Ahmedabad, a social media post by a company official.

time-read
1 min  |
August 2024
Budget 2024-2025: What's in it for Retail?
Images Retail

Budget 2024-2025: What's in it for Retail?

An overview of all the retail ecosystem-related measures in the Budget 2024-2025 revealed by Finance Minister Nirmala Sitharaman in her 7th budget speech.

time-read
10+ 分  |
August 2024
Identity As a Service (IDAAS) Simplified
Images Retail

Identity As a Service (IDAAS) Simplified

An explainer on Identity and Access Management-As-A-Service (IDaaS) in the context of retail.

time-read
2 分  |
August 2024
6 Ways in Which D2C Brands are Redefining Physical Stores
Images Retail

6 Ways in Which D2C Brands are Redefining Physical Stores

From quirky fixtures to restageable elements, D2C brands do it differently when they open brick-and-mortar stores

time-read
4 分  |
August 2024