Shares in India’s Avenue Supermarts Ltd., also known as Dmart, fell the most in over five years on concern that online competition was impacting the company’s current business model.

Avenue Supermarts, the operator of the DMart chain of stores, is feeling the pressure from quick-commerce channels as consumers turn to convenience and instant gratification for their grocery needs.

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For DMart, quick commerce threat comes to the fore Pallavi Pengonda 2 min read 14 Oct 2024, 03:24 PM IST Avenue typically adds more stores in the second half of the year.

Chakri Lokapriya, Managing Partner at RedStrawBerry LLP, weighs in on the competition between Trent, DMart, and Zomato in the Retail & E-commerce spaces. He explains that Trent, primarily an ...

Avenue Supermarts, the owner of DMart, saw an 8.4% drop in its stock price on Monday after reporting slower revenue growth in Q2 due to intense competition from quick commerce platforms such as ...

Shares of Radhakishan Damani-owned Avenue Supermarts (owners of DMart) slumped 8.48 per cent on Monday following weaker-than-expected results posted by the company. As analysts turned cautious on ...

DMart’s shares fell by 8 percent in early trading on Monday, after its results were declared and it reported a slimmer than expected like-for-like sales growth. This metric shows sales growth ...

Concerns around slower growth, rising competition, and the rise of quick-commerce players nibbling at DMart's market share started to weigh on investor sentiment. Fast forward to today ...

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Avenue Supermarts (DMart) Q2 FY25 Results Preview: Avenue Supermarts (DMart) is expected to register an 8.0 per cent increase in its consolidated net profit to Rs 673 crore for the July-September ...

Radhakishan Damani and other promoters of Avenue Supermarts Ltd (DMart), who together owned 74.65 per cent stake in the retailer, took a Rs 20,800 crore dent in their pockets notionally ...