IGP Opens New Store In Gurugram, Plans For 200 Dark-stores Network
Over the next one year, the platform plans to further scale its dark-store network to 200 locations, alongside a calibrated expansion of its offline retail presence across key cities
Over the next one year, the platform plans to further scale its dark-store network to 200 locations, alongside a calibrated expansion of its offline retail presence across key cities
In an interview, the founder and CEO states that the company is aiming to add nearly 100 dark stores over the next 12 months, taking its total dark store network to about 200
Operational risks include addressing threshold viability in tier-2 markets and managing inventory complexity for perishables
Instamart and Young India Skills University sign MoU to train 5,000 youth in Telangana for careers in quick commerce, covering supply chain, dark store operations, and retail management
Myntra’s M-Now service completed its first year, generating 10 per cent of orders in active markets, drawing 35 million visitors and expanding to 80+ dark stores.
Players are not only growing stock-keeping units (SKUs) and introducing premium and D2C product lines but also monetising storefronts with in-app advertising and brand placements
While grocers still account for 85 per cent of the share in the retail market, the shift towards online is rapidly on the rise