FMCG companies: Is quick commerce a threat to traditional kirana stores? Karan Taurani explains

FMCG companies: Is quick commerce a threat to traditional kirana stores? Karan Taurani explains

“So, definitely, quick commerce is the future. But as of now, this business is only present in the top 10-12 cities. How this business model scales up beyond the metro markets, how they move in terms of non-metros, what is the kind of throughput per store, what is the kind of economics, what is the … Read more

Tata Consumer | Tata Consumer share price: Not e-comm alone, one has to be in modern trade, in kirana stores also to build scale: Sunil D’Souza, Tata Consumer

Tata Consumer | Tata Consumer share price: Not e-comm alone, one has to be in modern trade, in kirana stores also to build scale: Sunil D’Souza, Tata Consumer

Sunil D’Souza, MD & CEO, Tata Consumer, says the retail landscape will change dramatically. Modern trade will take off because India is still under-penetrated. It is primarily driven by kiranas. Modern trade will take off. But e-commerce will also take off. In India, just 5% of retail spend happens online. In Brazil, it is 15%, … Read more