Monday, November 25

Tag: Future Retail investment

Future Retail will Open new Big Bazaar outlets, Invest 200 Cr
BUSINESS

Future Retail will Open new Big Bazaar outlets, Invest 200 Cr

Future Retail would spend Rs 150-200 crore a year for expansion of Big Bazaar stores in the eastern region, a company official said. The company would open around 25 such stores from April this year in eastern India, the official said. "We have a pipeline of around 25 Big Bazaar stores in the eastern region. Each store requires an investment of around Rs 2,000 per square feet for interiors only," CEO of eastern region of Future Retail Manish Agarwal told Pixr8 News. Agarwal said the eastern region contributed 25 per cent of the national sales, adding that West Bengal accounted for 30 per cent of the revenues from the east. https://pixr8.com/business/future-group-to-open-10000-small-stores-aims-revenue-jump-to-rs-60-cr/ The company would open 7-8 stores in Kolkata and its s...