👉 "Mart" is a term used in business and economics that refers to an organization, company or business entity. It can be defined as a group of people who work together to produce goods and services for sale or consumption. In this context, "marts" could refer to a store where customers purchase products from various vendors, with each vendor having its own store location within the same mart. For example, in a supermarket, there might be several different marts that offer different types of products such