Avenue Supermarts Ltd. conducts business operations under the brand name D-Mart.
It is a chain of hypermarket stores founded by Radhakishan Damani in 2002. The company was listed in March 2017. Brands such as D-Mart Minimax, D-Mart Premia, D-Homes, Dutch Harbour, etc are owned and operated by Avenue Supermarts. The company aims to be the lowest priced retailer in its area of operations.
Currently, the company operates around 176 stores in 11 states and 1 Union Territory of India. D-Mart has a range of product offerings, which include food products such as dairy, staples, groceries, snacks, frozen products, processed foods, etc.; non-food products such as home care products, personal care products, toiletries, etc. and general merchandise and apparel products that include bed and bath, toys and games, crockery, plastic goods, garments, footwear, utensils and home appliances.
As a growing retail chain, D-Mart strives to satisfy its consumers by expanding the number of its operational stores to offer quality products at affordable prices. Over the years, D-Mart has been able to post stable financial performance by maintaining cost efficiencies.
Economic and industry overview
This story is from the August 19, 2019 edition of Dalal Street Investment Journal.
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This story is from the August 19, 2019 edition of Dalal Street Investment Journal.
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