Business Today

Retail Superstar

Avenue Supermarts is the most efficient Indian grocery retailer, but sustaining the growth momentum would be a challenge.

Radhakrishna Damani is a die hard fan of Walmart founder Sam Walton. Damani had made at least five trips to the US between 2000 and 2002 prior to setting up the first D Mart store in Thane. Indeed, he made it a point to travel across the US to observe the day to day functioning of the Walmart stores. Walton's winning formula of a low cost and low price model has evidently worked for D Mart too,

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