BENGALURU: Grocery bills have ballooned as home consumption rises and consumers buy larger packs of FMCG products.
The bill sizes had almost doubled in March, when the lockdown started, but they remain significantly higher than in the pre-coronavirus days. Industry executives say they may remain high for some time as concepts of hygiene and cook-at-home have become important.
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Devendra Chawla, CEO of Spencer’s Retail and Nature’s Basket, said the bill size is 1.5 times now compared to pre-Covid times. When the lockdown started it was even more because people were worried about stores running out of stocks.
Prem Kumar, CEO of retail-tech startup Snapbizz, which analyses consumer data at more than a million kirana stores, said the median basket which was around Rs 650 in the first week of March shot up to about Rs 1,000 in the first week of Apri