Progressive Grocer Magazine - October 2017Add to Favorites

Progressive Grocer Magazine - October 2017Add to Favorites

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In this issue

India Retail Forum 2017 Conferences and takeaways; IMAGES Retail Awards to top retailers.

Festive Gifting For retailers, gift cards is a growing segment and a revenue generator.

Chocolate Growing appetite and demand for new flavors from new age consumers.

Tryst With Destiny

India’s economic outlook over the next decade offers a promising period of faster growth, acquisition of new capabilities and the creation of more diverse and optimal tools of production. Bustling with energy and ideas, the country’s young and aspiring populace and its growing bulge of digitally savvy middle class is impatient for growth and change. India’s retail industry, which is amongst the fastest growing retail markets globally, is actively scouring for growth potential and new opportunities. Higher disposable income and an increase in consumer spending, an expanding base of mobile users and e-commerce penetration, positive regulatory environment and a burgeoning middle class present the retail sector in India with tremendous potential for growth and for tapping new opportunities.

Tryst With Destiny

10+ mins

A Peep Inside The Grocery Shopper's Mind And Her Basket

The retail environment today is characterised by constant and intense competition. Every retailer wants a higher share of the customer’s wallet. An AT Kearney report calls India the numero uno retail destination in 2017 but it also says that the competition is set to intensify in the foreseeable future. Most retailers will be confronted with the challenge of attracting more customers to their store, converting them to buyers, and getting a fair share of their basket.

A Peep Inside The Grocery Shopper's Mind And Her Basket

4 mins

Sri Sri Tattva To Launch Exclusive Franchise Stores With New Products Across Categories

The company has embarked on a major expansion drive across its personal care range, food, incense and fragrance and home care range.

Sri Sri Tattva To Launch Exclusive Franchise Stores With New Products Across Categories

2 mins

Make It Better

With nutrition increasingly on the minds of shoppers, grocers need to up their game.

Make It Better

7 mins

We Are A Community Focused Store And Expanding Within This Segment

Eby Mathews, COO, Foodworld Supermarkets (P) Ltd, a chain of supermarket stores in Bangalore speaks to Progressive Grocer about the retail journey of the chain and its current focus and positioning. With over twenty years of retailing experience, Foodworld has come to establish itself as a strong community store chain, and is looking to expand and strengthen its positioning by operating from smaller spaces within communities such as clubs, offices, campuses, apartment complexes, etc, in order to better meet the needs of these specific segments.

We Are A Community Focused Store And Expanding Within This Segment

6 mins

A $40-billion Pot That Retailers Can Encash Profitably

The gift-card industry in India has grown by leaps and bounds in the past years, with 10 million cards sold annually. The purchase of gift cards has risen exponentially, displaying a 41 per cent growth in 2016-17 over the previous fiscal. G-cards is a growing segment and a regular source of revenue generation for retailers and e-commerce portals.

A $40-billion Pot That Retailers Can Encash Profitably

3 mins

What To Check Before Buying Home-made Chocolate

Although, they have more of the refined and distinct taste and come with exotic fillings, buyers need to ensure that home-made chocolate manufacturers follow FSSAI standards and regulations and their products carry proper labeling with information about ingredients.

What To Check Before Buying Home-made Chocolate

3 mins

Consumers' Retail Therapy Moving Online

In these hyper-competitive times, brick and mortar retailers, including those in the food and grocery domain, continue searching for new ways to keep growing across the country. The one thing that they should take special note of is to understand and respond to the changing habits and behaviors of their customers. Retailers should take into account the consumers’ new-found preference for online shopping, mobile phone ordering, emerging tastes for consumables like electronic gadgets, consumer durables, apparel, home appliances and also their gifting choices on festive occasions such as Diwali. According to industry estimates, retail sales in the run up to Diwali this year will likely touch Rs. 30,000 crore compared with Rs. 22,000 crore last year.

Consumers' Retail Therapy Moving Online

2 mins

Read all stories from Progressive Grocer

Progressive Grocer Magazine Description:

PublisherImages

CategoryBusiness

LanguageEnglish

FrequencyMonthly

PROGRESSIVE GROCER has been the voice of the food retail industry for over 80 years in the USA. Serving a wide audience in the Indian market, Progressive Grocer India's readers are top management at headquarters and top decision makers at store level. By anticipating, reporting and interpreting important data and trends, PROGRESSIVE GROCER fulfils its mission of identifying and highlighting insights and opportunity for leading grocery retailers, thereby accelerating brands and sales success for leading manufacturers

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