Retail
Zudio crosses 1,000 stores across 300 cities
Trent’s value chain hits the mark in a decade, forcing rivals to match density or lose the under-₹999 shopper.
Meera Iyer, Retail correspondent··4 min read
Zudio now operates the bulk of Trent’s large-format fashion footprint, with compact 10,000-12,000 sq ft boxes that open faster and cheaper than Westside. Capital employed per new store sits around ₹3-4 crore including inventory. More than 80 per cent of recent openings landed in Tier-II, Tier-III and peripheral markets.
On the shop floor the weekly refresh and sub-₹999 tickets keep tills moving even when urban discretionary spend softens. A typical dark-store or mall till sees higher units per transaction than mid-price peers because shoppers fill baskets without waiting for end-of-season sales.
Zudio’s 1,000-store sprint turns value fashion into the default high-street habit.
The density squeezes Max, V-Mart, Intune and Reliance’s Yousta on both rent and talent in the same catchments. It also helps Trent’s overall 19 per cent revenue rise to ₹5,666 crore in the June quarter.
Watch the festive window and any Q2 store-addition update in the next filing. Further UAE outlets and deeper micro-market fills will show if cannibalisation stays contained.