Retail
Trent's Zudio crosses 960 stores on tier-II surge
Value format adds 109 outlets in one quarter, forcing mid-market peers to rethink price points and inventory turns before festive rush.
Meera Iyer, Retail correspondent··4 min read
Retail
Value format adds 109 outlets in one quarter, forcing mid-market peers to rethink price points and inventory turns before festive rush.
Meera Iyer, Retail correspondent··4 min read
Trent Ltd’s Zudio format crossed 960 stores by March 2026 after adding 109 outlets in the fourth quarter alone, powering the Tata retailer’s 20% standalone Q4 revenue rise to ₹4,937 crore. The push concentrated on Tier-II and III cities, with recent data showing two-thirds of new doors outside metros.
Zudio’s network hit 960-plus stores nationwide by end-FY26, including rapid additions that lifted Trent’s full-year momentum and left the value brand as a billion-dollar engine. Weekly inventory refreshes and sub-₹999 pricing kept sales per square foot elevated even as overall apparel demand slowed.
On the shop floor a kirana-adjacent Zudio till now rings higher frequency tickets from first-time fashion buyers who skip malls; dark-store style stock turns mean less dead inventory and faster cash cycles for franchise partners.
Zudio crossed 960 stores with 109 additions in a single quarter.
The velocity squeezes mid-tier players such as traditional department formats and forces Reliance’s Yousta and Shoppers Stop’s Intune to match price ladders or lose share in the same catchments. V-Mart and others have already adjusted forecasts.
Watch the next 90 days through Navratri-Diwali for whether Zudio maintains the 100-plus quarterly pace and if Trent files updated city counts in the coming quarter.
Filed under Retail·Meera Iyer
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