Manoj K Agarwal, CEO, Viviana Mall, on how physical retail is expected to change post-Covid-19 and how they are getting prepared for this change.
Food and cinema, which are two main segments that attract footfall at malls, are expected to be impacted the most post lockdown. This was highlighted by the leading retailers and mall owners in a webinar organized by Retailers Association of India.
As the nationwide lockdown continues, many retail players and even start-ups are taking steps to address some of the issues related to the delivery of essential goods. Zomato, Swiggy, Cure.fit, among others have started grocery deliveries.
Burger Singh started its journey while its founder & CEO, Kabir Jeet Singh was working at a burger chain in the UK to get some pocket money. One day he went to a nearby store to buy ‘Shan’ masalas and mixed them with some burger patties which not only tasted awesome and in no time, these Indo-British fusion burgers were on the restaurant menu. Soon they started calling him 'Burger Singh' and the man ventured into this business after he returned to India.
NuttyFox, a healthy snack brand by Vaaya Foods, was launched in Bangalore in late October 2019. Since then, the company organically sold over 7k packs of NuttyFox. Subhashish Bharuka, Founder & CEO, NuttyFox says that the company has got really good response for the first product which is Gourmet Makhana (Foxnuts). It is selling well on Amazon and currently present at 5 POS.
Detroit-headquartered pizza chain Little Caesars Pizza has recently made its foray into the Indian market.
Private label used to be about delivering price and margins, and while many store brand products still do provide that cost advantage, the perception of these products is improving as consumers see these items as reasonable alternatives to national brands.