In Delhi NCR, Modern Bazaar is popular for its shopping experience and the range of gourmet products, a live bakery, fresh foods counter and a café. Founded by the late Vishwant Kumar, it was among the pioneers of organised supermarkets in the country when it first opened in 1971.
In 2004, the lone store in New Delhi's Vasant Kunj neighborhood was gutted in a devastating fire.
The next year, in 2005, his son Kunaal Kumar, took over the family business with the aim of not just reviving the business, but also growing it.
B.Tech graduate Kunaal Kumar picked a tony location for his comeback innings. That year, Modern Bazaar opened its first store in South Delhi's Basant Lok market - an upscale and popular market in pre-and early 2000s that was home to the first PVR cinema.
"The initial few years were spent learning the nuances of the retail trade from my father, who was a hard taskmaster and ensured that I did not have it easy at work being his son," said Kumar, in an exclusive interaction with IMAGES Retail earlier this year.
He helped his father build the store till it was firmly established in South Delhi as a place to go for the requirement of imported food products as well as local food and grocery items.
Denne historien er fra November 2023-utgaven av Images Retail.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra November 2023-utgaven av Images Retail.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Building the Midmanagement is Critical in a Scaling Organisation
Nirav Jagad, Chief People Officer of Sugar Cosmetics speaks about ensuring the right! opportunities for the right talent in a complex omnichannel organisation that is on a fast track to growth
Uppercase Upping the Ante
Travel gear brand Uppercase is upgrading the standard of luggage in India through innovative approach and prodcuts and sustainable practices
The Strategy is to Go City by City and Saturate Each
Gerard McGurk, Head of Retail and Commercial Operations at Index Living Mall and Mahesh M, CEO, Creaticity speak about Thailand's numero uno furniture brand's strengths, its India entry and strategy
Design and Experience Differentiate Indriya from Competitors
Sandeep Kohli, CEO of Aditya Birla Jewellery’s Indriya about the brand’s strengths, strategies and aspirations
At Good Glamm, AI Chatbots Have Slashed Workload by 70-80%
Deep Ganatra, Chief Product & Technology Officer (CPTO), The Good Glamm Group sheds light on the role of technology in the beauty and wellness industry and its impact on personalisation
How Blinkit, Swiggy Instamart, Zepto and Others are Redefining Shopping
A quick snapshot of India’s quick commerce landscape highlighting key players, challenges and opportunities
Electronics and Q-commerce: A Marriage of Convenience
Why more and more electronics and gadget brands are taking to q-commerce
5 ways D2C Brands Can Leverage the Power of Technology
The direct-to-consumer (D2C) market in India is at an exciting juncture, with brands redefining how they operate, innovate, and engage with consumers. But what does the future look like for these brands as they adopt technology?
The Business of Offering Immersive Experiences
Shopping centers are using immersive experiences to attract more shoppers and boost business
5 ways D2C Brands Can Maintain the Growth Momentum
D2C brands should embrace a customer-first mindset, leverage technology, and know when to expand offline to keep the growth momentum going
