DMart opens two stores, taking network to 512 outlets
Avenue Supermarts has opened new DMart stores in Madhya Pradesh and Punjab, expanding its total store network to 512 outlets.
What happened
Avenue Supermarts (DMart) · DMart opened two stores in Madhya Pradesh and Punjab, taking its network to 512 outlets. Kalyan Jewellers invested Rs. 350 crore in
Key facts
- DMart opened new stores in Madhya Pradesh and Punjab
- DMart store count reached 512
- Kalyan Jewellers invested Rs. 350 crore in Candere Lifestyle Jewellery through a rights issue
- Vishal Mega Mart reappointed its MD and CEO for five years
What changed
DMart opened two stores in Madhya Pradesh and Punjab, taking its network to 512 outlets. Kalyan Jewellers invested Rs. 350 crore in Candere, while Vishal Mega Mart extended Founder, MD and CEO Gunender Kapur’s tenure by five years.
Why this matters
DMart’s two new openings in Madhya Pradesh and Punjab extend its operating footprint to 512 stores, reinforcing disciplined expansion across diverse regional markets.
What to watch
- Further store-opening announcements, especially in Punjab, Madhya Pradesh and neighboring states.
- Quarterly disclosure of total store count, retail business area and like-for-like sales growth.
- Evidence of sales cannibalization or slower-than-expected ramp at recently opened stores.
- Changes in gross margin, employee costs, lease costs and inventory days as expansion continues.
- Promotional actions or price cuts by Reliance Retail, regional chains, wholesale formats and quick-commerce players.