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13 September 2022, Mumbai:
Trent plans an accelerated store expansion program across Westside, Zudio, and Star Markets.
Trent currently has 200 Westside stores and 233 Zudio stores. Westside opened in 1998 and currently 100 per cent of sales in both Westside and Zudio are through private brands.
The company is seeing higher customer walk-ins and higher bill values as customers are coming back after a long gap. During the pandemic, Trent LTD realigned priorities and focused on future growth drivers of the business by aggressively signing properties during the two years.
As a result Trent opened 125 stores across all formats in fiscal ’22. Efficiencies are being driven in the supply chain to reduce the impact of inflation on customers. Trent believes in meeting the shopping needs of customers by being available both online and in-store. Trent continues to focus on in-house brands but is open to evaluating designer brands as and when any interesting opportunity presents itself.
The food retailing business under Star offers a curated assortment of products including FMCG, staples, hardlines, apparel and a comprehensive fresh offering. West Style Club has completed a year and added 1.4 million members in fiscal ’22 alone, with the total now at over seven million members.
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