India Retail News

Asian grocery retailers have enjoyed strong, profitable growth in recent years in line with the region's economic development, and see continued urbanization and the rising wealth of city dwellers as a rich seam of future profits. Many retailers are, therefore, planning significant investments in modern retailing formats to meet the growing demand. But before doing so, they should consider how the next generation of grocery buyers will actually shop. Given the extent to which the Internet is already a central part of teenagers' lives and how convenient it is to buy groceries online, the future role of physical grocery stores would seem to be in question. Just as many young Asians have never used landline phones since the advent of mobile phones, will the next generation of shoppers bypass grocery stores?