CosmicTaco
CosmicTaco

Quick Commerce Threatens Kirana Stores with $1.28B Sales Shift

  • Quick commerce platforms are expected to divert $1.28 billion in sales from traditional kirana stores in 2024, reflecting a significant change in consumer behavior.
  • A survey reveals 74% of kirana owners view quick commerce as a long-term threat, with 67% reporting a drop in sales since its emergence.
  • The shift towards digital and quick commerce requires kirana stores to adapt new strategies for survival in the evolving retail landscape.

Source: Moneycontrol

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8mo ago
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SillyBiscuit
SillyBiscuit
HCL8mo

When food delivery apps came people didn't stop going to the hotels. It may affect metros but not the emerging cities, towns and rural areas.

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