Business

Future Group Will Soon Start Delivering Milk & Eggs At Your Doorstep Daily

Sponsored

You read that right, after managing a rather strong foothold in multi-crore retail outlets and lifestyle brands, Kishore Biyani’s Future Group is now eyeing the hyperlocal grocery delivery segment. The retail giant will soon start delivering milk, eggs, and bread at your doorstep every morning, a move that will directly give competition to delivery companies like MilkBasket, Ninjacart, and even the local grocers and milkmen.

 

Old Player, New Game

One of the biggest names in Indian retail, Future Group is getting together about 1,000 outlets of its Easyday, Nilgiris, and Heritage brands to kick-start this new service over the next two weeks. Initially, the facility will be launched in metro cities and then expanded to other parts of the country later.

Users can order their essentials through a mobile app, following which the partner outlets will deliver the items within a 2-3 kilometer radius. Though the company will start off just by delivering milk, eggs, and bread, other pantry essentials fruits, vegetable, and grocery will also join the list over the months.

Related Post

Image Source

At present a relatively small development, this new addition to Future Group’s portfolio is part of a much bigger plan to set up almost 10,000 small stores in the coming years in order to grow its revenue from smaller format stores almost tenfold (reportedly from INR 5,000 crore to INR 60,000 crore). The hyperlocal delivery could be an added income for these upcoming stores. Meanwhile, the company is also planning to up its Easyday stores count by 10,000 while increasing the membership base to a whopping 20 million, reports Economic Times.

The hyperlocal grocery delivery segment has been witnessing a lot of action over the past one year with bigger players like Future Group, Amazon, Alibaba, and Swiggy putting their money in this particular market. Will this be the end of small-sized firms, the beginning of major acquisitions the size of Flipkart-Walmart, or just more efficient grocery delivery for each neighbourhood?

Feature Image Source

Ankita

Binge eater by day and binge watcher by night, Ankita is fluent in food, film, and Internet. When she’s not obsessing over the hottest trends, tacos, and the perfect author’s bio, you can find her under a pile of Jeffery Archer’s novels or looking for the nearest wine shop.

Share Now
Published by

Recent Posts

Treat yourself with guilt-free treats at the Big Phab Sale and get up to 50% off!

Through the post-Diwali quarter sales, the brand aims to offer exciting deals to customers to…

1 week ago

#25YearsOfLovinIt says McDonald’s India North & East on its 25th anniversary — Introduces ₹25 menu to delight customers

26 November 2021, New Delhi: From birthday parties to first salary treats, from getting together…

1 week ago

Independence Brewing Company adds another feather to its cap; launches a new outlet in Versova, Mumbai

From the pioneers of craft beer comes yet another fascinating spot to unwind and make…

1 week ago

Charcoal Concepts invests in the rising QSR sector in India

~ Plans to open 200 QSR outlets of Joshh and Joshh Kulfi with the investment…

2 weeks ago

SUBWAY® ANNOUNCES ITS LARGEST EVER MASTER FRANCHISEE PARTNERSHIP WITH EVERSTONE GROUP TO EXPAND ITS PRESENCE IN INDIA

  With new agreement, more than 2,000 new restaurants to open across India, Sri Lanka…

1 month ago