Avenue Supermarts Ltd will now offer only home delivery in certain areas, marking a change in strategy amid rising e-commerce demand. CEO Neville Noronha will be replaced by Anshul Asawa on 1 February ...

Launched with its first store in Mumbai’s Powai over two decades back, DMart has become one of India’s top grocery chains alongside Reliance Retail. Investor turned entrepreneur Radhakrishna Damani’s ...

Anand Rathi initiates coverage on Avenue Supermarts with a Rs 4,254 target Avenue Supermarts, owner of retail chain DMart, on Thursday reported a 17.5% rise in its standalone revenue at Rs 15,565.23 ...

The FMCG sector is expected to report a revenue growth of 7-9 per cent this fiscal year. (PTI) The country’s second-largest retailer Avenue Supermarts, which runs the DMart chain of stores, would like ...

Over FY15-20, despite low competitive intensity, most organised grocers’ sales velocity (1-4% CAGR) has undershot inflation, signaling a gradual but structural footfall reduction. (1) Most continue to ...

Avenue Supermarts, which owns DMart, saw a slight dip in net profit for the March quarter. Profit stood at Rs 551 crore. Revenue increased by 17% to Rs 14,872 crore. The company's EBITDA margin ...

Representative Image New Delhi: DMart, a hypermarket chain, has signed a 29-year 11 months lease agreement with Migsun Group for 35,000 sq ft of retail space at Migsun Mi Gente Mall in Raj Nagar ...

The instant commerce avalanche has caught Avenue Supermarts Ltd's DMart Ready stores off-guard, forcing India's largest listed retailer to shutter many of these pick-up points and shift focus to the ...