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Avenue Supermarts converts two stores into fulfilment centres for e-commerce business

19 Oct 2020 Evaluate

Avenue Supermarts, which owns and operates supermarket chain DMart, has closed two of its retail stores in Mumbai and converted them into fulfilment centres to cater to its growing e-commerce business in the city. The company opened six new DMart stores during the July-September quarter this fiscal taking its store count to 220 with total retail business area of 8.20 million sq. ft. Besides, D-Mart has also expanded its e-commerce operations in select pin codes of Pune City.

Avenue Supermarts is a Mumbai-based company, which owns and operates DMart stores. D-Mart is an emerging national supermarket chain that offers customers a range of home and personal products under one roof.

Peers
Company Name CMP
Avenue Supermarts 3711.95
Trent 2772.20
Vishal Mega Mart 101.30
PN Gadgil Jewellers 609.10
Aditya Birla Life 82.36
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