Avenue Supermarts News

Avenue Supermarts Limited (ASL), widely known as D-Mart, is a prominent Indian retail chain founded by Radhakishan Damani. Focusing on value retail, D-Mart...

What is Avenue Supermarts Limited (ASL)?

ASL is an Indian retail company that owns and operates the popular D-Mart chain of hypermarkets and supermarkets, offering a wide range of consumer products across various categories.

Who founded D-Mart and when was it established?

D-Mart was founded by veteran investor Radhakishan Damani in 2002, with its first store opening in Powai, Mumbai.

What type of products are typically available at D-Mart stores?

D-Mart stores offer a wide selection of products including groceries, fruits and vegetables, dairy, home appliances, apparel, stationery, and general merchandise, focusing on daily essentials.

What is D-Mart's key business strategy?

D-Mart's strategy revolves around value retail, offering products at competitive prices through an efficient supply chain, owning most of its store properties, and maintaining lean operational costs to pass savings to customers.

Is Avenue Supermarts a publicly listed company?

Yes, Avenue Supermarts Limited (ASL) is a publicly traded company listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India.

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