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Wednesday, March 3, 2010

D-Mart on expansion drive, looks to take leased premises route

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Supermarket chain D-Mart has chalked out aggressive expansion plans for the next two years at a time when many of its midsize rivals are going through a trough.

The retailer has 29 stores in Maharashtra and Gujarat, and is likely to double that number in the next two years. “The plan is to close financial year 2010 with 35 stores, up from 29,” a D-Mart executive said.
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