Avenue Supermarts Ltd, which owns and operates the supermarket chain D-Mart, on Saturday said its overall sales and sales mix are now trending very close to usual times, though the consumption changes post COVID-19 still persists. Lesser trips and higher basket values continue to be the norm and products such as apparel, laundry, footwear, travel and such relevant out of home usage categories are taking more time to recover, it said.
While, the company, which is expanding its online shopping channel D-Mart Ready after COVID-19 environment, has done soft-launches in select pin codes of Ahmedabad, Bengaluru and Hyderabad.
It has leased some part of the space of its brick and mortar stores to Avenue E-Commerce Limited (AEL) to commence e-commerce operations in those cities, said the company in a post earning statement.
“The quarter has seen further improvement in our business and financial metrics. Our overall sales and sales mix are now trending very close to our usual times except for specific customer consumption changes post Covid-19,” Avenue Supermarts CEO & Managing Director Neville Noronha said.