Brands
Askme to roll out hyper-local online grocery across 27 Indian cities
MUMBAI: Online SMB marketplace Askme is planning to launch its online grocery platform top 27 cities in India in the next four to six months. The company has kick-started this initiative with Delhi NCR.
With a promise that grocery is available below MRP and delivered at the doorstep, the team has brought together offline merchants to list their SKUs online.
Askme group CMO & head digital strategy Manav Sethi said, “Every feature, platform and strategic relationship that Askme enters into is driven by singular motivation of adding business value to offline merchants by leveraging online platforms. The platform Bestatlowest.com is a hyper-local model that enables offline grocery retailers in neighbourhoods to come online for incremental magnetisation and building consumer loyalty. Leveraging hyperlocal model of sourcing and zero costs on inventory or warehousing brings significant advantage of pricing and portfolio. This model is also extremely flexible and rapidly scalable in adding more merchants and SKU categories as demand grows both nationally and locally. Delhi NCR now boasts of 30 hyper-local hubs with 25000+ SKUs. Askme intends to leverage its brand and infrastructure to cross sell and upsell grocery online to all its existing and potential consumers.”
India is the sixth largest grocery market in the world and retail consultancy Technopak estimates that online grocery market is growing at the rate of 25-30 per cent annually in major cities of India. According to Research firm IGD predictions, India’s online grocery market, which is estimated to be less than $100 million at present, is expected to cross $25 billion by 2020 and by 2016, the Indian grocery market would overtake Japan to become the third largest market worldwide.
Teams lead by Ankit Jain and Amit Nigam, founders of Bestatlowest.com, scaled this business to Delhi NCR within 60 days of working with the Askme team.
Jain said, “Offline merchants were brought on board to list their SKUs and Askme team works with these merchants very closely whenever an order is executed. Functional teams and Askme brand gave us that huge fillip in covering this journey in 60 days which otherwise would have taken many more months.”
Brands
Lululemon picks former Nike executive to be its next chief
Heidi O’Neill, who helped grow Nike into a $45 billion giant, will take the top job in September
CANADA: Lululemon has found its next chief executive, and she comes with serious credentials. The athleisure giant named Heidi O’Neill as its new CEO on Wednesday, ending a search that has left the company running on interim leadership since earlier this year. O’Neill will take charge on September 8, 2026, based out of Vancouver, and will join the board on the same day.
O’Neill brings more than three decades of experience across performance apparel, footwear and sport. The bulk of that time was spent at Nike, where she was a central figure in one of corporate sport’s great growth stories, helping take the company from a $9 billion business to a $45 billion global powerhouse. She oversaw product pipelines, brand strategy and consumer connections, and played a significant role in shaping how Nike spoke to athletes around the world. Earlier in her career, she worked in marketing for the Dockers brand at Levi Strauss. She also brings boardroom experience from Spotify Technology, Hyatt Hotels and Lithia and Driveway.
The board was unequivocal in its enthusiasm. “We selected Heidi because of the breadth of her experience, her demonstrated success delivering breakthrough ideas and initiatives at scale, and her ability to be a knowledgeable change and growth agent,” said Marti Morfitt, executive chair of Lululemon’s board.
O’Neill, for her part, was bullish. “Lululemon is an iconic brand with something rare: genuine guest love, a product ethos rooted in innovation, and a global platform still in the early stages of its potential,” she said. “My job will be to accelerate product breakthroughs, deepen the brand’s cultural relevance, and unlock growth in markets around the world.”
Until she arrives, Meghan Frank and André Maestrini will continue as interim co-CEOs, before returning to their previous senior leadership roles once O’Neill steps in.
Lululemon is betting that a Nike veteran who helped build one of the world’s most powerful sports brands can do something similar for an athleisure label that has genuine love from its customers but is still chasing its full global potential. O’Neill has done it before at scale. The question now is whether she can do it again.
