Published: 10th Oct 2024
By: Value Research
D-Mart, once a hit among investors, has failed to deliver any returns in the past three years despite maintaining robust financial health and delivering strong growth. Swipe to know why.
Most Indians now prefer shopping online, which has led to declining demand for traditional brick-and-mortar retail giants such as D-Mart
In 2017, D-Mart spent around Rs 28 crore to open a new store. Fast forward to FY24, and that figure has skyrocketed to Rs 68 crore. This has forced D-Mart to scale back its expansion plans, which has put pressure on topline growth.
The third threat is unique to D-Mart and has not impacted other retailers. To find out more about this, click on the link below to read the complete story.
Other Webstories
To find more such stories, visit our website