Avenue Supermarts DMart expands stores nearly 20%
DMart’s parent Avenue Supermarts grew its store network to 518 from 432, while annualised sales per square foot rose 0.6% and profit fell quarter-on-quarter.
Avenue Supermarts, the company that operates the DMart supermarket chain, is opening stores faster than it is improving sales productivity. 6 per cent, even as establi…