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Most of India’s food and grocery consumption flows through Kirana (i.e., small retail) stores that are present all across the country. The system is quite old but has been serving the purpose splendidly even though the store operators face several key challenges. Some of the most commonly encountered challenges include stock-outs, dealing with multiple
Managing a grocery store business is very difficult as the groceries are perishable, which leads to many ups & downs in this business. And since the COVID-19 outbreak started, consumers prefer to buy and pay online for their grocery shopping. The global pandemic restructured the entire model of the grocery business. The majority of customers say that
The majority of grocery and food consumption in India depends upon approximately 15 million Kirana or small retail stores. Although the system was working fine, ever since the COVID-19 outbreak started, the store operators faced various challenges. These include:
Scheduling online ordering & delivery of items,
Since the COVID-19 outbreak started, the retail sector witnessed some drastic changes. If we look at the stats, then, according to Mitsui & Co. Global Strategic Studies, there are around 13 million small and medium Kirana stores. During the 1st wave of coronavirus, the government enforced some strict regulations, which became a challenge for retailers
One of the businesses that witnessed the most dramatic transformation in the coronavirus pandemic is the Grocery business. And now, with people preferring online shopping over traditional shopping, the trend of digital business transformation is on the rise.
WHAT HAS CHANGED NOW?
You can’t deny the fact the COVID-19 has flipped the world upside-down. No
Since the start of the COVID-19 pandemic, one of the industries that witnessed a sudden boom in the business is the supermarket industry. When the global lockdown was announced, people started overstocking as there were concerns regarding how long it’s going to last. Due to this, most of the supermarket owners faced difficulties in managing their stock
When the COVID-19 pandemic started and a complete country lockdown was announced, an unprecedented challenge started for the grocery stores and food retailers. Consumers started stocking up on essential items and retailers were facing supply chain disruption. The result - empty shelves. But as the COVID-19 crisis stirred up, the culture of grocery shopping
As the world is slowly recovering from COVID-19 crisis, businesses have started to think about new strategies to overcome the losses they suffered during this global pandemic. The same goes for the supermarkets. As we all know that you can buy a wide range of products in a grocery store or supermarket. People’s lives are dependent on these stores as they