grocery
Breaking News
Quick-commerce giants grab 30-50% of FMCG sales, kirana stores witness slowdown
In the last quarter of 2023, around 12 million local grocery stores in India observed a significant slowdown in sales. Meanwhile, quick-commerce companies not...
Meesho diversifies strategy, set to launch financial services and expand grocery delivery for enhanced profitability
Meesho, an e-commerce company backed by SoftBank, plans to develop a financial services platform and expand its grocery delivery business in the upcoming financial...
B2C ecommerce startup DealShare’s FY23 loss crosses INR 500 Cr mark, while sales see a 5% upturn
Alpha Wave-backed B2C ecommerce startup DealShare's net loss crossed the INR 500 Crore mark in the financial year ending March 31, 2023. Experiencing a...
US online grocery sales slip in 2023, marking a 1.2% decline amidst reduced order frequency and economic challenges
In 2023, the US online grocery market experienced a downturn, as indicated by a new report attributing the decline to a reduction in the...
Red Sea turmoil disrupts global food supply chains, sparking quality and price concerns
According to a Bloomberg report, Turmoil in the Red Sea is beginning to impact the transportation of various commodities, ranging from coffee to fruit....
French butter maker Loyez Woessen sets sights on global expansion and diversification into cheese
France-based butter supplier Loyez Woessen aims to enhance its international presence following the acquisition of new investments.The company is also expanding into cheese and...
After a challenging year, consumer goods sector sets sights on robust recovery in 2024
Feeble consumer sentiment and subdued demand dominated the narrative for producers of packaged consumer goods in 2023. However, the forthcoming year presents optimism, anticipating...
From instant noodles to mangoes: Swiggy Instamart unveils fascinating 2023 trends
As we approach the end of 2023, Swiggy Instamart has unveiled its yearly 'Quick Commerce Trends' report, revealing intriguing insights into consumer habits.A Jaipur...
Y Combinator-backed Guac fights food waste with customized, AI-based forecasts
Ineffective forecasting of grocery demand contributes to a higher level of waste than one might anticipate. In the United States, grocery stores discard approximately...
Amazon trials exclusive grocery service for Prime members in select cities
Amazon is currently conducting a trial for an additional grocery subscription service exclusively available to Prime members in three select cities.At a monthly cost...
Flipkart opens first ever grocery fulfillment center in Bhubaneswar, promising 24 hour delivery
Flipkart, owned by Walmart, has launched its first grocery fulfillment center in Bhubaneswar, Odisha, as part of an initiative to expand its grocery services.The...
Tiger Brands charts course for sustainable growth with new CFO and portfolio revamp
Tiger Brands intends to restructure its portfolio within the South African grocery sector, aiming to bolster revenue growth by prioritizing health, nutrition, and snacks...