BusinessThursday, October 29, 20261 min read

Noel Tata plans Trent’s Tier 2-3 city push

By Economic Times · Published by Everything Blog

In short

The company is leveraging strong second-quarter momentum, which saw consolidated revenue rise 22% to Rs 5,873 crore and profit after tax climb 25% to Rs 468 crore. Alongside fashion growth, the Star grocery business expanded to 87 stores across 13 cities, with proprietary brands driving over 74% of its sales. Emerging product categories such as footwear, innerwear, and beauty have also become critical drivers, contributing over 21% of total revenue.

Key points

Regional markets in Tier 2 and Tier 3 cities are serving as primary growth engines for re…: Regional markets in Tier 2 and Tier 3 cities are serving as primary growth engines for retail portfolio expansion.
Own-brand offerings are powering the profitability and performance of the expanding Star…: Own-brand offerings are powering the profitability and performance of the expanding Star grocery chain.
Retail operational footprints now exceed 18.5 million square feet across 339 cities, incl…: Retail operational footprints now exceed 18.5 million square feet across 339 cities, including presence in the UAE.

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Trent to deepen presence in Tier 2 and Tier 3 cities

Trent is increasingly expanding into diverse markets, including Tier 2 and Tier 3 locations, where its brands have received a positive response. The company believes this offers scope to extend its reach into more hinterland markets.“We are increasingly expanding our presence across diverse markets, including in many Tier 2 and Tier 3 locations. The compelling reception we are witnessing gives us the conviction to double down into more hinterlands,” Tata said.

The company operates Westside, Zudio and other lifestyle concepts, with its fashion retail footprint exceeding 18.5 million square feet across 339 cities, including three in the UAE.

Trent eyes further growth in Star food and grocery business

Alongside fashion retail, Trent plans to build scale in its Star food and grocery business. Star recorded revenue growth of more than 20% during the September quarter, despite an evolving competitive landscape.The company added one store during the quarter, taking Star's total network to 87 outlets across 13 cities. Its own brands and products…

AI Analysis

Tone

Positive

In short

Key Points

Regional markets in Tier 2 and Tier 3 cities are serving as primary growth engines for re…: Regional markets in Tier 2 and Tier 3 cities are serving as primary growth engines for retail portfolio expansion.
Own-brand offerings are powering the profitability and performance of the expanding Star…: Own-brand offerings are powering the profitability and performance of the expanding Star grocery chain.
Retail operational footprints now exceed 18.5 million square feet across 339 cities, incl…: Retail operational footprints now exceed 18.5 million square feet across 339 cities, including presence in the UAE.

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Business

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AI Analysis

Tone

Positive

In short

Key Points

Regional markets in Tier 2 and Tier 3 cities are serving as primary growth engines for re…: Regional markets in Tier 2 and Tier 3 cities are serving as primary growth engines for retail portfolio expansion.
Own-brand offerings are powering the profitability and performance of the expanding Star…: Own-brand offerings are powering the profitability and performance of the expanding Star grocery chain.
Retail operational footprints now exceed 18.5 million square feet across 339 cities, incl…: Retail operational footprints now exceed 18.5 million square feet across 339 cities, including presence in the UAE.

Topics

Business

Was this summary useful?

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Noel Tata plans Trent’s Tier 2-3 city push

In short

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