Understanding India's premier retail play - Avenue Supermarts
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D-Mart added 22 stores in the last one year! For the first 8 years of their existence - they added just 10! Retail is a terribly tough business even to survive in. The margins are razor thin, you have a barrage of competition trying to chip away share by deeper discounting, suppliers who want to keep your margins as low as possible and you have a customer who is only loyal to value.
Understanding India's premier retail play - Avenue Supermarts
Understanding India's premier retail play …
Understanding India's premier retail play - Avenue Supermarts
D-Mart added 22 stores in the last one year! For the first 8 years of their existence - they added just 10! Retail is a terribly tough business even to survive in. The margins are razor thin, you have a barrage of competition trying to chip away share by deeper discounting, suppliers who want to keep your margins as low as possible and you have a customer who is only loyal to value.