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2024: A space odyssey; hypermarts cut shelf space as Q-comm occupies mindspace, ET Retail

Hypermarkets in malls are losing space due to declining sales due to quick commerce apps like BlinkIt and Zepto. Mall operators like Landmark Groups Spar India have reduced store sizes and closed some outlets in Delhi NCR and Bengaluru. Reliance Smart Bazaar and Deerika Hypermart have also experienced a decline in sales. The trend has shifted from hypermarkets being the big draw to dining as the new pull factor.
Deerika Hypermart Landmark Group Spar India Landmark Group Spar India Reliance Smart Bazaar

hypermarkets: 2024: A space odyssey; hypermarts cut shelf space as Q-comm occupies mindspace

Hypermarkets in malls are losing space due to declining sales due to quick commerce apps like BlinkIt and Zepto. Mall operators like Landmark Groups Spar India have reduced store sizes and closed some outlets in Delhi NCR and Bengaluru. Reliance Smart Bazaar and Deerika Hypermart have also experienced a decline in sales. The trend has shifted from hypermarkets being the big draw to dining as the new pull factor.
Uttar Pradesh United States Deerika Hypermart Abhishek Bansal Muhammad Ali Lulu Group

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