To me retail is not just about value for money, functionality and utility, it’s also about theatre, experience and discovery. Over 90% of D-Mart’s customers are regular shoppers who buy from the retailer 2-3 times a month on average. If Future Retail’s large format stores like Big Bazaar stock 30,0000-50,000 units on average, a D-Mart store stocks just 40-50% of that merchandise. In comparison an average Walmart store has 100,000 products and an average retailer 45,000 items. Among large retailers and manufacturers, the shift towards simplicity and offering less choice has already started happening.

Source: Mint March 28, 2017 19:41 UTC