CosmicTaco
Quick Commerce Threatens Kirana Stores with $1.28B Sales Shift
- Quick commerce platforms are expected to divert $1.28 billion in sales from traditional kirana stores in 2024, reflecting a significant change in consumer behavior.
- A survey reveals 74% of kirana owners view quick commerce as a long-term threat, with 67% reporting a drop in sales since its emergence.
- The shift towards digital and quick commerce requires kirana stores to adapt new strategies for survival in the evolving retail landscape.
Source: Moneycontrol
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Rapid Growth of Quick Commerce Threatens Kiranas: AICPDF to Piyush Goyal
- The All India Consumer Products Distributors Federation (AICPDF) has urged Trade Minister Piyush Goyal to scrutinize the rapid growth of quick commerce platforms like Blinkit, Swiggy Instamart, and Zepto.
- AICPDF claims the unchecked ...
by CosmicTacoGrapevine
Government Assesses Quick Commerce Impact on Kirana Stores
- Multiple ministries evaluating quick commerce's effect on traditional mom-and-pop shops
- No immediate policy interventions planned, assessment still in early stages
- Trade Minister Piyush Goyal expresses concern over e-commerce growt...
by CosmicTacoGrapevine
Quick Commerce to Impact Kiranas More Than E-commerce, Says Delhivery CEO
- Delhivery CEO Sahil Barua argues quick commerce will impact small shops or kirana stores more than e-commerce.
- Barua contradicts Blinkit's claim that quick commerce isn't taking share away from kiranas.
- Delhivery is preparing to ...