DMart prioritises store expansion to drive long-term cash flow, as JioMart and Blinkit lead weekly active user growth: Report
Indian retailer DMart is focusing on long-term growth with a large store expansion plan. This strategy may limit immediate cash generation. DMart aims to add 15-20 percent more stores annually. The company sees potential for 2,200 stores. This expansion is crucial for future profits. Private label brands are also growing.