Le Marche Retail: Company Research Report
Company Overview
- Name: Le Marche Retail
- Mission of the Company: Le Marche strives to delight the consumer with a unique culinary experience and creates a space that every food lover enjoys. The brand aims to become a household name in gourmet retail by developing unaided brand awareness.
- Founding Year and Founders: Conceptualized in the year 2005. The information about founders is not available.
- Key People: Amit Dutta (CEO)
- Headquarters: New Delhi, India
- Number of Employees: No information is available.
- Revenue: No information is available.
- Known For: Le Marche is a complete food store known for its wide range of products, including basic groceries, exotic products, fresh cuts of meats, seafood, and gourmet groceries. It has been recognized for its product quality and in-store experience, winning multiple awards.
Products
- Product Offerings:
- Groceries & Basic Staples: A wide range of staples and spices.
- Exotic Products: Products sourced from across the globe.
- BUCHERIE: Fresh cuts of meats & seafood, cold-cuts, and special marinated range.
- Fruits and Vegetables: Includes both Indian and exotic fresh produce, hydroponics produce, and microgreens.
- Gourmet Groceries: Beverages, dairy, specialty oils, confectionery, and bakery items.
- Home & Personal Care: Includes various premium items complemented by exclusive live sections and hand-crafted recipes.
- Key Features of the Products:
- High-quality and premium range of products.
- Ideal storage conditions to preserve nutrition and taste.
- Unique in-store experience with live sections curated by in-house chefs.
Recent Developments
- New Partnerships:
- Le Marche has entered into a strategic partnership with Ingka Centres to establish a cutting-edge supermarket at Lykli Gurugram, scheduled to open in 2025.
- Collaborative efforts with Coca-Cola have been noted as examples of successful brand-retailer partnerships, enhancing distribution networks and market reach.
- Expansion and Developments:
- Focus on expanding dark stores and online verticals, especially post-pandemic changes in consumer behavior.
- Investment in enhancing online delivery capabilities and catering to convenience-focused categories such as frozen and ready-to-cook products.
- New Store and Future Plans:
- Le Marche plans to open a new store in the Lykli Gurugram development by late 2025, as part of a larger investment project.
- Awards and Recognitions:
- Le Marche has received multiple prestigious awards, including the Coca-Cola Golden Spoon Awards for most admired gourmet food retailer and other accolades in retail excellence from 2010 to 2023.
The company continues to focus on offering premium products and an outstanding shopping experience, aiming for expansion and scalability in India's gourmet retail sector.