Tag: Avenue Supermarts

israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

DMart: Online platforms, quick commerce spoil the party for DMart

 October 15, 2024  Leave a Comment on DMart: Online platforms, quick commerce spoil the party for DMart

Shares of Avenue Supermarts, which owns and operates retail chain DMart, fell over 8% on Monday after disappointing September-quarter earnings, driven by disruptions from online…

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Avenue Supermarts Ltd. shares dropped 9.5%, the steepest decline in over five years, as concerns over online competition emerged. Net income fell below estimates, prompting multiple brokerages to downgrade the stock and suggest a review of the business model to adapt to changing market dynamics.
Posted in Business

Dmart shares fall on concern online competitors hurting sales

 October 14, 2024  Leave a Comment on Dmart shares fall on concern online competitors hurting sales

Oct 14, 2024 01:25 PM IST Shares of Avenue Supermarts Ltd. fell 9.5% amid concerns about online competition impacting its business. Shares in India’s Avenue…

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