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Latest News about Avenue Supermarts Ltd

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calendar18 Jul
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Avenue Supermarts Limited incorporated in year in 2002 is Mumbai based supermarket chain D-Mart. The company is among the largest and the most profitable Food and Grocery (FG) retailer in India. It offers a wide range of products with a focus on the Foods, Non-Foods (FMCG) and General Merchandise Apparel product categories. It has many stores located across several cities in India. The company operates and manages all their stores. It operates predominantly on an ownership model (including long-term lease arrangements, where lease period is more than 30 years and the building is owned by it) rather than on a rental model. The company opens new stores using a cluster approach on the basis of adjacencies and focusing on an efficient supply chain, targeting densely-populated residential areas with a majority of lower-middle, middle and aspiring upper-middle class consumers. The company operates distribution centres and packing centres which form the backbone of the supply chain to support the retail store network.
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