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Retail

Arvind shuts 30 Megamart stores while restructuring

In a move to restructure its strategy for Megamart retail chain, Arvind has shut around 30 loss making outlets in October-December. In another few years, it will shut 50 loss making outlets. Arvind has about 95 company stores which are operational. The company has created a new value department chain called Unlimited which has been done after...

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