Center Point Market’s Post

Approximately 2 lakh Kirana stores have closed in the past year as consumers increasingly turn to fast delivery platforms like Blinkit and Zepto, according to a market study by the All-India Consumer Products Distributors Federation. The study revealed that metro cities, which are home to 17 lakh stores with an average monthly sales figure of Rs 5.5 lakh, account for 45% of these closures. Tier 1 cities follow with 30% of the closures, while Tier 2 and 3 cities account for 25%. Tier 1 cities have about 12 lakh stores, each generating average monthly sales of Rs 3.5 lakh. Meanwhile, Tier 2 and lower-tier cities collectively contain 1 crore stores, with an average monthly sales figure of Rs 2.5 lakh per store. #kirana #zepto #retail #store #blinkit #business

Approximately 2 lakh Kirana stores have closed in the past year as consumers increasingly turn to fast delivery platforms like Blinkit and Zepto, according to a market study by the All-India Consumer Products Distributors Federation. The study revealed that metro cities, which are home to 17 lakh stores with an average monthly sales figure of Rs 5.5 lakh, account for 45% of these closures. Tier 1 cities follow with 30% of the closures, while Tier 2 and 3 cities account for 25%. Tier 1 cities have about 12 lakh stores, each generating average monthly sales of Rs 3.5 lakh. Meanwhile, Tier 2 and lower-tier cities collectively contain 1 crore stores, with an average monthly sales figure of Rs 2.5 lakh per store. #kirana #zepto #retail #store #blinkit #business

This is the Kirana store near my house which won't be closed at any means because of Zepto / Blinkit We have been reading all week about the impact of Quick commerce on the closure of 2,00,000 Kirana stores in last one year. But here are the more insights you have to understand ▶️ Metropolitan Areas: 90,000 closures (45% of total closures) ▶️ Tier-1 Cities: 60,000 closures (30% of total closures) India has approximately 13 million kirana stores across the country, with a significant concentration in tier-2 and smaller cities. Specifically, it is estimated that over 10 million of these stores are located in tier-2 cities and smaller towns Ever visited a kirana store in a small town or village? If you stand there for just five minutes, you'll notice something interesting: customers don't ask for 1kg or 5kg packs of items like toor dal. They ask for ₹20 worth of it. That's the secret to why kirana stores thrive, breaking down bulk goods into smaller quantities and selling at a better margin. And the best part? The customer doesn’t even notice the difference. They look for requirement to requirement basis as they earn on daily basis Until people in these towns have more disposable income, this system won't change. In metros, premium convenience is the new normal, but in smaller cities, it's still a distant dream. That's why kirana stores aren’t going anywhere. They aren't just surviving—they're thriving by meeting a need that quick commerce can’t. India is beyond what we see in metro cities. Follow Chaitanya Athukuri for more such posts. Learn with me #zepto #blinkit #swiggy #productmanagement #business

India is a nation of shopkeepers, with approximately 13 million Kirana stores forming the backbone of the country's retail market. Despite their prevalence, the retail segment in rural areas remains largely unorganized, facing challenges such as poorly stocked inventory, high prices, and inefficient supply chains. Frendy and VilCart are addressing these issues head-on, leveraging technology and innovative business models to modernize the Kirana industry. #retail #market #business #news #update #technology Click the link to read more:https://lnkd.in/g5Xup9sx By - Aritra Ghosh , Features Writer, IndianRetailer.com Prasanna Kumar C (CPK), Rural CEO of Vilcart. Sameer Gandotra, Founder CEO of Frendy

Research Before You Buy "Knowledge is power! Before making a purchase, research products online to compare prices, features, and reviews. At Tejar Retail, we provide you with a wide array of options, ensuring you find the perfect fit for your needs. . . TejarTips #SmartShopping #PakistanRetail"

𝐇𝐨𝐰 𝐦𝐚𝐧𝐲 𝐩𝐞𝐨𝐩𝐥𝐞 𝐯𝐢𝐬𝐢𝐭𝐞𝐝 𝐅𝐨𝐫𝐮𝐦 𝐌𝐚𝐥𝐥 𝐢𝐧 𝐁𝐞𝐧𝐠𝐚𝐥𝐮𝐫𝐮 𝐨𝐧 𝐒𝐮𝐧𝐝𝐚𝐲? 🛍️ Here’s how you can approach this guesstimate: 1️⃣ Start with the population of Bengaluru (around 12 million). 2️⃣ Estimate the percentage of people who visit malls regularly—let’s say 10-15% of the population. 3️⃣ Narrow down to Forum Mall—assume it captures a portion of mall-goers, maybe 10-20% of the city’s total mall visitors. 4️⃣ Consider Sunday footfall—weekends generally have higher traffic. Estimate that 60-70% of regular mall-goers visit on Sundays. 5️⃣ Account for factors like special events, sales, or local holidays that may increase or decrease foot traffic. 6️⃣ Estimate the average number of people per visit based on the mall's size and popularity. After making these assumptions, you can estimate the total number of visitors to Forum Mall on a Sunday. How would you estimate it? Drop your approach in the comments! 👇 #Guesstimates #MallFootfall #CaseStudy #Bengaluru

What’s next???? Approximately 2 lakh Kirana stores have closed in the past year as consumers increasingly turn to fast delivery platforms like Blinkit and Zepto, according to a market study by the All-India Consumer Products Distributors Federation. The study revealed that metro cities, which are home to 17 lakh stores with an average monthly sales figure of Rs 5.5 lakh, account for 45% of these closures. Tier 1 cities follow with 30% of the closures, while Tier 2 and 3 cities account for 25%. Tier 1 cities have about 12 lakh stores, each generating average monthly sales of Rs 3.5 lakh. Meanwhile, Tier 2 and lower-tier cities collectively contain 1 crore stores, with an average monthly sales figure of Rs 2.5 lakh per store.

Purnea, an emerging business hub in Bihar, is set to witness the launch of its first-ever mall, Grand Galleria. Beyond Squarefeet™ Advisory Pvt. Ltd. Click on the link below to know more.... #retailnews #retailtrrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

Hyderabad, count your blessings. It doesn’t get more hyped up than this: Subko X district150 ☕️ Imagine this: you’re in the middle of your workday, creativity flowing (or maybe not, and caffeine is the only solution 🥶) You step away from your desk, and right there, in the middle of Knowledge City, waiting for you, is a perfectly brewed cup of Subko coffee. 🫡 Yes, Subko has landed in Hyderabad, and it’s right here at district150. This isn’t just a coffee shop; it’s a celebration of South Asian terroir, the art of sourcing, and a commitment to craftsmanship that resonates deeply with District 150’s ethos. We’ve partnered with Subko because we believe the right environment makes all the difference. district150 is designed to spark creativity, foster collaboration, and fuel curiosity—and what fuels all better than the bold flavours of Subko’s coffee and chocolate? ☀️ So, Hyderabad, we’re raising the bar (and the cup). Whether you’re a coffee connoisseur, a chocolate lover, or someone who simply loves the idea of working in a space that’s as curious as you are, district150 is ready for you. ✒️ Because let’s face it: nothing fuels a big idea like a great cup of coffee #SubkoXdistrict150 #CuriousNaturally #Hyderabad #CoffeeCulture

Discover how KAZO Brands CEO & Founder, Deepak Aggarwal, and Director of Operations, Siddhant Aggarwal, are planning to get more visibility in the retail landscape with their strategic store placement in the DLF Mall of India. Read the full story to learn more about KAZO's expansion plans and how they are setting trends anew! #RetailInnovation #FashionForward #RetailExpansion #KAZOExperience