Nov 04, 2016 02:00 AM
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(Updated Nov 04, 2016 01:56 AM)
D-Mart pays suppliers within 48 hours of delivery, and they, in turn, allow for an additional 2-3% gross margin to the chain, enabling it to keep the prices low at most of its locations. In contrast organized retailers often buy goods on credit from suppliers on 30-60-days credit.