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Progressive Grocer – September 2024

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Shubham K Mart Chhattisgarh Fastest-Growing Hypermarket Chain
When Vijay Kumar Kankariya opened Shubham K Mart in Raipur a year before the Covid pandemic, he set the stage for a retail revolution in Chhattisgarh. What began as a single hypermarket with a vision to consolidate daily essentials under one roof has rapidly transformed into the state’s leading retail powerhouse, reshaping how locals shop for everything from groceries to garments.

Check out our cover story (pages 26-37) on Shubham K Mart’s meteoric rise. In just 5 years, it’s grown to 35 stores across 700,000 sq. ft. Vijay Kankariya and his youngest son Shubham’s blend of ambition, legacy, and innovation has driven this success, combining a diverse product range with a strategic expansion and customer-centric service to dominate Chhattisgarh’s retail scene.

With the festive season approaching, retailers and brands are bracing for a shopping spree expected to exceed Rs. 50,000 crore. To capitalize on the festive buzz, they’re rolling out fresh promotions, product lines, and enticing sales strategies. Dive into our special feature (pages 40-49) to uncover how festive spending shapes India’s retail scene, the latest trends in gifting, and how FMCG companies are seizing this opportunity to innovate and refresh their offerings.

Turn to pages 50-70 to find the profiles of Modern Trade Heads of leading FMCG and food companies across India. From driving the innovation and execution that shape consumer experiences and industry trends to streamlining supply chains, introducing new products, and setting pricing strategies that influence market dynamics, read how these leaders are shaping the future of food and grocery retail.

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