Kirana Store News

20% of kirana owners in metros and non-metros started leveraging online platforms to get a steady supply of goods

Owners of kirana stores said that services have been suspended as covid-19 has created delivery fulfilment issuesOnline grocers are seeing explosive demand following the curbs on movement amid the lockdown

Metro Cash and Carry saw a 40-50% rise in business from kirana stores as demand from restaurants fell

The Google report showed even in the wake of the covid-19 outbreak, consumers looked for the best of whatever they neededThere has been a massive jump on queries in health category, especially for immunity, with searches going up by 500%

In fact, Amazon announced a Local Stores initiative in India, which is a first for the companyWhile such platforms had been growing in India for a while, their customer base was more limited to lifestyle sellers and new businesses who didn’t have the resources for e-commerce

As startups and global giants gear up to change how Indians buy grocery, the kirana store is finally in the picture

Retail is expected to cross the trillion-dollar mark on the back of multiple structural, demographic and economic drivers to boost consumptionLarge corporates, rise of e-commerce has threatened the existence of India’s kirana stores

E-commerce is not a threat and can not only create new jobs but also enable kirana stores to grow their reach

India’s kirana stores are finally benefitting from the wave of digitizationTech startups such as Jumbotail, ShopKirana and Udaan, are creating systems for easy access to wholesale procurement for these stores

Brick-and-mortar stores will thrive alongside online, and buyers will use AR/VR to pick daily needsFirms will have to move away from the traditional distributor-led system to one with multiple partners at a hyperlocal level