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Medial • 7m
In 2010, Big Bazaar was ruling Indian retail, unstoppable at 250 stores. Then came DMart—with just 10 stores—and changed everything. Here’s how they did it: Big Bazaar brought the supermarket culture to India and became a household name. However, its aggressive expansion and high debt led to its downfall. Leasing stores in malls and acquiring other chains increased costs, making the business unsustainable. On the other hand, DMart focused on slow, steady growth. It owned most of its stores in suburban areas, keeping costs low. DMart prioritized sustainability by reinvesting profits, avoiding debt, and building strong supplier relationships. DMart’s core strategy was offering deep discounts consistently, not as a short-term tactic. It avoided costly products like perishables and electronics, further reducing expenses. This shows that long-term sustainability and customer loyalty are more important than rapid expansion or chasing market share. Follow for more content!
Founder-Hexpertify.c... • 1y
“Powerhouse of Indian Retail to failure” Billions to Bankruptcy #4 Big Bazaar was started in 2001 by Kishore Biyani under future retail group.It was started as a one-stop shopping destination provided consumers with convenience and value, catering
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Let's settle this once and for all - who's the REAL BOSS of Indian supermarkets? Rank them (1= total dominance): 1.DMart 2. Reliance Smart Bazaar 3. Vishal Mega Mart 4. More Retail Who's killing it with prices, crowds, and reach? #RetailWar #lndi
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From ₹30 crore in a day to bankruptcy – the rise and fall of Big Bazaar 2001 – the year India witnessed a retail revolution. Big Bazaar’s first store opened and made ₹30 crore on the first day itself. The tagline? “Sabse Sasta, Sabse Best.” The r
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Here’s how Mukesh Ambani killed Big Bazaar and acquired almost for free. In 2020, Big Bazaar was on the verge of bankruptcy. Kishore Biyani, its founder, was looking for a lifeline, and Mukesh Ambani came forward with a bold ₹24,000 Cr buyout offe
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See MoreHey I am on Medial • 1y
DMART is expanding to every town in every state and district. But day to day people shop a lot in the general stores around. If we collaborate with existing big general stores in the region and get general stores chain under you in every panchayat re
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