MUMBAI : Avenue Supermarts Ltd, which runs the popular hypermarket chain DMart, on Friday said that nearly 50% of its stores are not operating due to covid-19 restrictions imposed by local authorities.
“Nearly 50% of our stores remain closed for operations based on directives by the local authorities. Footfall at stores that are open depends on movement and timing restrictions enforced by the local authorities. Overall, they are significantly lower than usual footfalls,” the company said in a filing with stock exchanges.
As of 31 December, DMart had 196 stores with a retail floor space of 7 million sq. ft across 72 cities and towns.
The company is currently only selling essential items such as grocery and FMCG products in its operational stores and has stopped selling general merchandise.