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PRIVATE LABEL GROCERY
Inside Zepto’s IPO filing — the key takeawaysQuick commerce platform Zepto has filed its updated draft papers for public listing, revealing detailed financials and operational metrics....- Bigbasket elevates Seshu Tirumala as COO as it sharpens quick commerce pushTirumala joined BigBasket in 2014 and was most recently its chief buying and merchandising officer. He has also overseen sourcing, category...
- Swiggy CEO Sriharsha Majety vows to stay out of Amazon-Ambani spending warSwiggy is prioritizing profitability over rapid expansion. The company will not match rivals like Flipkart and Reliance Retail's aggressive...
- ETtech Explainer: How Swiggy’s failed bid to become an Indian firm matters for InstamartSwiggy's bid to become an Indian-owned-and-controlled company (IOCC) has been delayed after shareholders failed to approve changes to its a...
- Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
- Swiggy begins selling private label brand Supreme Harvest on InstamartThe brand is marketed by Scootsy Logistics Pvt Ltd and sells pulses, oils, spices, mixed seeds, flour, and other cooking essentials.
- UK shoppers turn to own-label food as inflation bites, research showsSales of branded grocery products fell by 5.1% in the four weeks to March 26, while sales of own-label, or private-label, products created ...
- Grofers looking at 4-fold rise in gross merchandise value at Rs 30,000 crore by 2022"We have logged USD 1 billion in GMV (total value of merchandise sold over a period) in the financial year 2020 and we are on the road to d...
- Grofers converting grocery shops into its brand storesThis is Grofers’ second stint in brick-&-mortar format; in 2017, it opened tuck shops at Oyo properties.
- Flipkart launches online grocery store 'Supermart' in MumbaiThe Walmart-owned company had started its online grocery business a year and a half ago and is present in Bengaluru, Chennai, Hyderabad and...
- BigBasket raises $150m in funding, targets profitability this yearFirm in unicorn country after raising $150m in a round led by Mirae Asset-Naver Asia, Alibaba and CDC Group.
- SoftBank-backed Grofers aims to garner $2.5 billion in revenue by 2020The company, which has recently completed five years of its operations, has a revenue run rate of USD 360 million (about 2,500 crore) curre...
- Walmart, Flipkart plan to cross-sell private brandsUS retail giant can’t sell directly on Flipkart, but a reseller can list Walmart’s products.
- Flipkart has a $264-million plan for grocery store SupermartWith a soft launch in Bengaluru several months ago, grocery transactions already form 25-30% of Flipkart’s overall number of transactions i...
- Grofers rethinks fresh products as focus shifts to private labelsGrofers has been focusing on its non-fresh private label products with over 700 items added as it continues to add 30-40 items every month.
- Private labels drive online grocery players into profit laneMarket leaders have about 35% of their gross merchandise value from private labels and this is set to rise further as they push for profita...
- Alarm bells for Big Bazaar? Amazon may make its food retailing debut this DiwaliIt offers same-day grocery delivery on its app through a tie-up with retailers such as Big Bazaar in some cities. It will now sell directly...
- BigBasket, LocalBanya expect contribution from private labels to rise up to 50% through staples and FMCGPrivate labels in daily household, personal care and food products are soon expected to drive nearly half the sales for online grocers.
- Kirana stores dump big brands like Hindustan Unilever, Dabur and PepsiCo, stock high margin US brandsWalmart is not allowed to sell directly to Indian consumers yet, but its brands across some three dozen categories have started sliding int...
- Future Group, Spencer’s Retail, Lifestyle & More betting big on their brandsBig retailers may have stumbled upon a huge opportunity in their tug-of-war with big brands: their own super brands.
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