05 September 2023
05 September 2023
The beloved 80s retailer, once on the brink of extinction, is staging a remarkable comeback under new ownership.
With the conclusion of the three-year suspension of student loan interest, retailers are bracing for its negative impact on consumer spending.
The company aims to deliver more than 40% of shipments through its Kirana delivery programme.
The retailer plans to roll out its online operations in Delhi-NCR by the end of next year.
Other grocers may find that they have the scope to leverage external brands to expand their homewares and general merchandise offers through acquisitions and partnerships.
Facing external challenges and evolving consumer habits, the company seeks to implement ambitious growth strategies.
The retailer claimed to have invested £44m on security measures in four years.
The store also offers convenience services such as online home delivery of groceries.
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As ecommerce experienced booming growth during the COVID-19 pandemic, retailers accelerated their digitalization strategies to keep up with demand. The cloud has become an important model for delivering and maintaining enterprise IT resources. Many retailers have developed in-house cloud divisions that will allow them to better exploit the cloud’s capabilities. However, for those players that do not have the necessary skills in-house, the cloud can pose some significant challenges.
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