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DMart prioritises store expansion to drive long-term cash flow, as JioMart and Blinkit lead weekly active user growth: Report

Economic Times

Economic Times · 1d ago

DMart prioritises store expansion to drive long-term cash flow, as JioMart and Blinkit lead weekly active user growth: Report

Indian retail giant DMart is aggressively expanding its store network to drive long-term growth, even though this strategy may initially constrain cash flow. The company plans to grow store locations by 15-20% annually, similar to strategies employed by successful global retailers like Walmart and Costco. The expansion focuses on increasing its physical presence and private-label offerings, as digital commerce services, like JioMart and Blinkit, continue to grow. However, traditional retail remains crucial to DMart's strategy.

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