Retailer - January - February 2023

I denne utgaven

In this issue, we have featured the top CTOs of retail brands to show how they are deploying technology to weave new success stories. This issue also covers Albinder Dhindsa, Founder, Blinkit, who believes that quick commerce success is heavily dependent on an efficient hyperlocal network. You can also read stories about other brands like Parag Milk Foods, Pepperfry, House of Anita Dongre, etc.

A ONE-UP FOR FMCG

FMCG sales that is contributed by e-commerce is anticipated to rise to 11 percent by the year 2030. Customers buying habits have evolved as a direct result of the widespread adoption of digital technology and the internet.

4 mins

MASTERING QUICK COMMERCE IN INDIA

WITNESSING THE UNTAPPED POTENTIAL OF THE SAID CHANNEL, ZOMATO ACQUIRED BLINKIT FOR RS 4,447 CR AIMING TO POSITION ITSELF AMIDST THE 1.3 TN TOTAL COMMERCE MARKET

4 mins

The Phygitization of Kiranas

The future of Kiranas is not a question of physical stores versus online stores, but how digitization can complement both, taking the omnichannel route.

3 mins

How Coffee Has Become An Unstoppable Force

India has largely been a tea-drinking nation since time immemorial. However, Coffee consumption in India is growing by about 5 percent per annum since the turn of the century. It is estimated that India now consumes 120,000 tons of coffee per year. What is driving this insatiable thirst, and how has the beverage come to conquer India?

3 mins

HOW PARAG MILK FOODS IS MILKING CONSUMERS TRUST USING TECH

The inception of Parag Milk Foods Limited (PMFL) was a turning point in India's dairy industry. During 30 years of its journey, it has demonstrated the courage and zeal to transform the dairy landscape in India.

3 mins

THE TIME FOR CONVENIENCE FOOD HAS COME

With the growing number of nuclear families where both husband and wife are working, and bachelors who are living away from their families, the Frozen Food category is flourishing, with the expectation to reach Rs 309.07 bn by 2027 from Rs 124.06 bn in 2021. It is the demand of a fast-paced lifestyle where people are seeking homemade convenience food options but don't want to spend hours in the kitchen. It is a good alternative if consumers don't want to eat outside and want to remain sure of what they are actually consuming.

3 mins

THE TOP GROCERY RETAIL TRENDS FOR 2023 AND BEYOND

Grocery shopping has entered a new era in India, influenced by factors such as fast-paced changes in technology and evolving consumer behavior. Convenience, technology, and engagement are at the heart of the changing face of grocery shopping in India.

2 mins

WOW SKIN SCIENCE TO BECOME THE HOUSE OF LOVED BRANDS

WOW Skin Science was launched in 2015 with the objective to provide consumers with natural, safe, and affordable beauty products. The brand has come a long way now and it has become a household name in the beauty and lifestyle space

4 mins

Content-to-Commerce: THE NEW MANTRA

THE GOOD GLAMM GROUP BECAME THE FIRST BEAUTY UNICORN IN SOUTH ASIA IN NOVEMBER 2021. IT ACQUIRED 10 COMPANIES AND RAISED $250 MILLION IN 2021, WITH AN EYE TO LAUNCH AN IPO BY MID-2024. CURRENTLY, 65 PERCENT OF ITS REVENUE IS GENERATED FROM TIER II AND III CITIES, WHILE THE REMAINING IS CONTRIBUTED BY THE TOP EIGHT CITIES OF INDIA.

3 mins

HOW TECH IS CHANGING THE PET CARE INDUSTRY

The growth of the Indian pet care industry is inevitable, with a higher number of individuals adopting a furry friend, especially post-pandemic.

4 mins

THE TECH EVANGELISTS RESHAPING THE INDIAN RETAIL

TODAY, TECHNOLOGY CAN EITHER MAKE OR BREAK A BUSINESS. RETAIL BRANDS ARE DEPLOYING TECH TO ENHANCE THE IN-STORE EXPERIENCE OF THE CONSUMERS ALONGSIDE REPLICATING THE SAME EXPERIENCE DIGITALLY. AS TECH DEFINES THE SUCCESS OF ANY RETAIL BUSINESS, RETAILER MAGAZINE BRINGS YOU THE TOP CTOS WHO SHARE HOW THEY ARE DEPLOYING TECH TO WEAVE NEW SUCCESS STORIES.

10+ mins

EXPANSION PLANS WOODENSTREET PLANS TO INVEST RS 166 CR IN STORE EXPANSION

Homegrown furniture firm WoodenStreet will infuse about Rs 166 crore to increase its store count to 300 in the next two years.

1 min

FUNDING VANITY WAGON BAGS $2 MN INVESTMENT IN PRESERIES A FUNDING ROUND

India’s largest and most penetrated clean beauty marketplace - Vanity Wagon raised around $2 million in pre-Series A funding round at a valuation of $ 8 million.

1 min

NEW FORAY BIOREVA ENTERS THE INDIAN MARKET

Bioreva Dublin, a brand of Bioreva Sciences Limited, recognized for its unique skincare solutions, has entered the Indian market in collaboration with Zee Laboratories Limited,

1 min

FUTURE PLANS LIVSPACE EARMARKS $100 MN FOR STRATEGIC ASSETS ACQUISITION

Livspace, omnichannel home interiors, and renovation platform announced an allocation of $100 million to strategically invest in and incubate new offerings, D2C private labels, brand extensions, and content destinations across its current geographical markets in the home interiors, renovation, and related home improvement segments.

1 min

BRAND LAUNCH LICIOUS LAUNCHES D2C PLANT-BASED MEAT BRAND 'UNCRAVE'

Licious, India’s largest D2C Unicorn, announced its foray into the alternative protein sector with the launch of UnCrave - a D2C plant-based meat brand.

1 min

D2C FORAY SKINELLA EXPANDS INTO THE D2C BIZ, TIE-UPS WITH PURPLLE, JIOMART AND NETMEDS

Skinella has grown significantly ever since its inception in 2017. Now, it is all set to expand its business to include Direct to Consumer (D2C) sales and further drive its growth with its newly launched e-commerce website.

1 min

HOUSE OF ANITA DONGRE: EVOLVING WITH CHANGING TIME

Having 286 exclusive brand stores and 789 multi-brand large format stores, House Of Anita Dongre has 1,075 touch-points across 114 cities in India and is also present in New York and Mauritius.

3 mins

How Pepperfry is Uniquely Fuelling Growth for 2023

Pepperfry’s relentness innovation has helped it stay ahead of the curve. It has made significant investments in AR and VR to expand its curated digital catalog.

4 mins

HOW COCO ICHIBANYA IS GROWING IN INDIA

Japanese curry chain Coco ICHIBANYA marked its entry into the Indian market in 2020 by opening its first outlet in Gurgaon.

3 mins

5 KEY LEARN INGS FOR CLOUDKITCHEN BRANDS FROM REBEL FOODS COFOUNDER KALLOL BANERJEE

When we talk about internet and people connection we have seen a large disruption happening across sectors; from Amazon, Netflix, iPhone, and Airbnb disrupting their own sectors to the food industry being closer to the disruption with the cloud-kitchens and internet restaurant models

2 mins

THE RIGHT WAY TO APPROACH INNOVATION

Innovation and creativity is the biggest strength of any business. The restaurant business is one such business that demands continuous innovation and creativity in its offerings.

2 mins

Shaking The Evolving it Big: Bar Menu

Who would have thought that bar will come to your home? From visiting your favorite bar or restaurant for a chilled beer to drinking your most loved cocktails and beverages at home, the Beverage trend has changed over time.

2 mins

The Glam Diva

Adwaita Nayar, the current CEO of Nykaa Fashion and the Co-Founder of Nykaa, never dreamt of being an entrepreneur.

2 mins

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Retailer Magazine Description:

India's leading retail opportunity and consumer insight magazine completes nine successful years. The magazine has left its mark amongst the retail stakeholders comprised of small & medium retailers, retail professionals, suppliers & vendors, mall developers and retail students. Retailer covers every aspect of retail business – both front end and back end. This spans vast areas of customer engagement, sales strategy, marketing strategy, technology, SCM, creating unique retail experience, recent trends, etc. The features in the magazine are credited with authentic presentation of facts and data and trustworthy reporting of the latest happenings in the retail sector. The features explore insightful angles with the views and opinions of industry experts. The analyses give the retailers to understand the trend in consumers' purchasing behavior. Thus, they offer ample scopes for retailers to ramp up sales. The vendors and suppliers consider RETAILER as an important interface to connect with the clients, i.e., retailers. The retail management institutes look up to RETAILER as the important reference journal for case studies.