Wednesday, June 19, 2024
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Nature’s Basket expands Southern footprint with new Bengaluru store

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Nature’s Basket, a renowned retail chain specializing in gourmet foods and grocery items, has recently extended its footprint in the south Indian market with the launch of a new store situated in Bellandur, a suburb located in the south-eastern part of Bengaluru. The store is located at  RMZ EcoWorld, Bellandur.

This new artisan pantry aims to cater to a customer segment located slightly away from the city, thereby serving as a convenient shopping destination for the suburb’s population. It offers a diverse range of high-quality products, spanning from fresh produce to exotic ingredients sourced from various corners of the globe.

The store’s interior design has a modern and inviting ambiance, featuring spacious aisles and an extensive array of products displayed to enhance the overall shopping experience.

Strategically positioned in a suburb renowned for its thriving residential communities, the store is well-placed to address the diverse needs of urban dwellers, local residents, working professionals, and families alike.

ABOUT THE BRAND

Nature’s Basket which was earlier a part of Godrej Group was acquired by RP Sanjiv Goenka Group’s retail flagship, Spencer’s Retail in May 2019. The homegrown brand is present in the retail sector through physical retail stores, its online portal and a mobile application. With a diverse product portfolio ranging from fresh fruits and vegetables, fish and meat, artisanal breads, FMCG and staples, it currently operates through 35+ stores in Mumbai, Pune, Kolkata, Bengaluru and Delhi with a a total trading area of 1.03 lacs square feet as on June 30, 2023.

The brand has private labels including Healthy Alternatives, L’Exclusif and Nature’s.

Their annual turnover was Rs 67 crore and gross margin of 26.6% for the quarter ended June 30, 2023.

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