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Finshots Daily

The quick commerce vs. kirana stores debate is back!

Apr 17, 2025
Explore the clash between traditional kirana stores and the rapid rise of quick commerce in India. Discover the reasons behind the declining kirana stores and why quick commerce may not be the ultimate victor. The discussion highlights potential partnerships that could benefit both shopping methods in a shifting retail landscape. Tune in for insights on the evolving dynamics of convenience and tradition in Indian retail.
08:39

Podcast summary created with Snipd AI

Quick takeaways

  • Kirana stores are facing decline due to decreased consumer spending and the rise of quick commerce's convenient delivery services.
  • Despite challenges, Kirana stores retain a loyal customer base by providing essential services and community ties, allowing potential for collaboration with quick commerce platforms.

Deep dives

Challenges Faced by Kirana Stores

Kirana stores are experiencing a significant decline in business due to the rapid rise of quick commerce platforms that offer speedy grocery deliveries. Approximately 80% of consumers have reduced their grocery spending at Kirana stores, leading to the closure of over 200,000 stores in the past year. The small retail experience is often considered inconvenient; customers face issues like limited product selection and less than optimal service, which pushes them towards online shopping or supermarkets. In contrast, quick commerce provides a seamless shopping experience, making it difficult for traditional Kirana stores to compete effectively.

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