Avenue Supermarts adds a Maharashtra store, taking network to 513

Avenue Supermarts has opened another store in Maharashtra, extending its D-Mart network to 513 locations. The addition signals continued physical expansion ahead of the festive trading period.

— Source publishedWed, 23 Sept, 2026, 06:00 IST·First seen Wed, 23 Sept, 2026, 06:06 IST·Source NDTV Profit

What happened

Retail-linked market updates include Avenue Supermarts’ new Maharashtra store, Shoppers Stop’s 117-store footprint, Sapphire Foods’ GST notices, Lemon Tree’s

Key facts

  • Avenue Supermarts opened a new Maharashtra store; total stores: 513
  • Shoppers Stop department stores: 117 as of Aug. 31
  • Sapphire Foods GST show-cause notices: Rs 516.84 crore and Rs 21.47 crore
  • Lemon Tree Hotels opened a 48-room hotel in Nashik
  • SS Retail operated 503 stores across 215 cities as of March 31, 2026

Why this matters

The new D-Mart store underscores that scale grocery expansion remains centered on dense regional clusters, increasing pressure on rivals to secure sites and strengthen local market positions.

What to watch

  • Same-store sales growth and management commentary on festive demand.
  • Quarterly store additions, especially the share of openings in Maharashtra and other established clusters.
  • Revenue growth versus store-count growth, indicating new-store ramp quality and mature-store productivity.
  • Gross margin, EBITDA margin and employee-cost trends for evidence of launch-cost dilution or operating leverage.
  • Competitive pricing activity from Reliance Retail, Tata-backed grocery formats, regional chains and quick-commerce operators.
  • Continue Maharashtra-led cluster expansion to deepen distribution density and improve supply-chain utilization.
  • Use festive promotions and private-label/value packs to accelerate new-store customer adoption.
  • Prioritize adjacent catchments where warehouse coverage and brand familiarity can shorten store ramp-up.
  • Monitor store productivity before materially accelerating openings in less-developed regional clusters.