Bangladesh’s largest retail chain, Shwapno — Operated by ACI Logistics Limited, Shwapno is the largest retail chain in Bangladesh operating through 144 Shwapno outlets including 34 newly opened express outlets across the country — posted biggest growth in terms of turnover in the last financial year.
Media reports maintained this adding this growth was driven by higher sales through its e-commerce platform and teleservice amidst the COVID-19 pandemic.
Reports further added the private-label brands of the chain clocked a 71.7 per cent increase in the number of products in its assortment and a 9.7 per cent year-on-year sales growth even as according to the recently published annual report by the company, its turnover rose 18.7 per cent year-on-year to Taka 1,375 crore in the last financial year that ended in June.
It was Taka 1,156 crore in the previous year.