Retailers are back on an expansion spree. With the economy opening up again and consumer spend on the rise, retailers in India are once again looking to expand operations. Some headlines :
M & S PLANS 32 MORE STORES
Mark and Spencer is planning to set up 32 more stores in India by 2013. The company is a joint venture between Mark and Spencer Plc of the UK and the Reliance Group. MSRI has 18 large format stores in major cities in India.
BI 04092010
MAX OF LANDMARK GROUP TO ADD STORES
Max, the retail chain from the Landmark Group of Dubai, plans to have a chain of 60 stores in India by 2010-2011. It has inaugurated its first store at Bhopal and the third in Madhya Pradesh taking the total count in India to 33 outlets. The company intends to expand to metros, tier II and III cities across India. Max operates more than 115 stores across West Asia, Egypt, India, Turkey, Yemen and Palestine.
BL05092010
CARREFOUR TO OPEN ITS FIRS STORE BY YEAR-END Retailer Carrefour of France plans to open its first Cash & Carry ( wholesale) store in India by the end of 2010. This store will be opened in New Delhi .
ET04092010
Saturday, September 11, 2010
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