Dhaka, Jan. 9 -- Shwapno, Bangladesh's leading supermarket chain, has set an ambitious annual turnover target of $750 million while achieving a remarkable operating profit growth of 148 per cent in FY24, its Managing Director Sabbir Hasan Nasir said recently during an exclusive interview with The Financial Express.

Founded in 2008, Shwapno has become synonymous with innovation, inclusivity, and operational excellence in the retail sector.

Despite its early challenges, the brand achieved a 21 per cent compound annual growth rate (CAGR) by 2012, driven by its customer-centric "value tree" philosophy.

By 2017, Shwapno transformed into a masstige brand, blending mass accessibility with prestige through improved store designs and a strong f...