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Sunday, December 22, 2024 | 11:33 AM ISTEN Hindi

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How hyper-local consumption is driving change in brand-retail landscape

With the clamour for convenience and support for local brands on the rise, consumers, kirana stores, and brands are redrawing the terms of engagement

The kirana stores are already reflecting the times as they tune in to a digital payment ecosystem and expand their list of supplies
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The kirana stores are already reflecting the times as they tune in to a digital payment ecosystem and expand their list of supplies

T E NarasimhanArundhuti Dasgupta Chennai/Mumbai
Home-bound consumers are driving an overhaul of the brand-retail landscape, one that is likely to deeply impact the entire purchase ecosystem well beyond the pandemic. Convenience, support for local brands and a new lifestyle are driving change, rattling age-old supply networks and forcing the traditional neighbourhood store—the kirana or local all-in-one grocery stop—to rethink operations and relationships, with consumers and brands. 

According to a report released late last month by EY (Sentiments of India – pulse of the country, Kiranas; Humans in a pandemic series), the post-pandemic relationship between brands and consumers will be mapped to a hyper-local trail that

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