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Trent Hypermarket plans to set up 200 stores
24-Jun-2017

Trent Hypermarket, a joint venture between Tata group and UK-based Tesco for multi-format grocery retail stores, is planning to set up 200 stores in the next two to three years. Besides, the company is looking to step up local sourcing and expand the private label business. “We are looking to expand to 200 stores from the present 45 stores in the next two to three years, of which 50 stores would be located in Hyderabad,” Jamshed Daboo, MD, Trend said, while launching its new store here. “We plan to focus on stores spreading in the range of 8,000 sq ft in the next three years which would approximately cost about R3-4 crore per store,” he said.

News Source:- http://www.financialexpress.com/industry/trent-hypermarket-plans-to-set-up-200-stores/733338/