...
...
Next Story

Buyers, retailers await stocks as Maggi flies off the shelves

On Dhanteras eve, Chandni Chopra, 25, a HR consultant at Delhi-based automation firm was shopping for monthly grocery at Moti Nagar’s hypermarket ‘More’. Seeing Maggi back on the shelves, Chopra immediately bought 10 packets of the popular noodles.

Updated on: Nov 16, 2015, 01:25:47 IST
Hindustan Times | By , New Delhi
Prefer HTon Google
Advertisement

On Dhanteras eve, Chandni Chopra, 25, a HR consultant at Delhi-based automation firm was shopping for monthly grocery at Moti Nagar’s hypermarket ‘More’. Seeing Maggi back on the shelves, Chopra immediately bought 10 packets of the popular noodles.

People buy Maggi as sales of the noodles resumed after five months of ban. (HT Photo)
People buy Maggi as sales of the noodles resumed after five months of ban. (HT Photo)

Brand loyalists like Chopra are making bulk purchases of Nestle’s priced product, Maggi. While Snapdeal saw seven lakh packets of Maggi sold out within 5 minuters after its debut on the e-commerce website, grocery apps such as PepperTap, Grofers, Pick N Get are also posting healthy sales.

“We have serviced over 45,000 orders for Maggi through 100 stores across the country till Sunday morning,” said Navneet Singh, CEO, PepperTap. Grofers sold about 30,000 packets on the day of Maggi’s re-launch, while Pick N Get sold out 4,000 packets of Maggi within 2 hours.

Retailers also echoed the same story. “While Maggi is still not available with us, the product has become the most searched item on our website with close to 10,000 searches in the past week,” said Kishore Ganji, CEO, zip.in, an online supermarket based out of Hyderabad.

Retailers including Spencer’s, Reliance Fresh, Big Bazaar and HyperCity expect Nestle to roll out other varsities soon. “Stocks are flying off the shelves at our stores,” said Damodar Mall, CEO, Reliance Fresh.

 
ABOUT THE AUTHOR
Himani Chandna

Himani Chandna is a Delhi-based journalist covering the business of healthcare, pharmaceuticals, human resources and brands

Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe