Value chains stretch as festive window opens

Delhi desk, 7 October 2026. Q2 updates from Trent, DMart and Nykaa show top-line strength even as same-store caution and quick-commerce pressure keep investors twitchy. Reliance’s 7-Eleven exit underlines the squeeze on pure convenience formats just as Big Billion Days and Great Indian Festival lock in.

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Retail
Trent Zudio crosses 1,000 stores
Q2 revenue ₹5,788 crore, total network 1,342 after 27 net openings.
Retail
DMart revenue up 18.4% to ₹19,206 cr
Stores reach 518; shares still slide on same-store and q-comm worries.
Retail
Reliance shuts 7-Eleven India stores
Five-year franchise ends; nearly 60 outlets close after ₹90 crore loss.
Ecommerce
Nykaa stores hit 338 after 14 additions
Q2 GMV growth around 30%; beauty high-20s, fashion high-40s NSV.
Retail
Value retail margins under festive test
Stocks slide despite revenue growth as inflation and q-comm force price absorption.
Ecommerce
Flipkart adds 900 hubs for Big Billion Days
Sale opens 9 October with 14 million cu ft more warehouse space and 750 new PIN codes; early access from 8 October.

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