Market Sources, 2009-11-10
by India Research Team
Delhi, India
RETAIL
Big Bazaar plans to invest INR 70 crore in East
As reported in Business Standard, Future Group’s Big Bazaar is all set to invest around INR 70 crore in setting up 10 new Big Bazaar stores in East over the next few months. According to Manish Agarwal, Future Group’s chief of operations in East, the company will invest INR 70 crore in setting up new Big Bazaars in East. The company will also add 1.5-lakh sq ft to the existing 2.5 lakh sq ft of Big Bazaar in Kolkata and are looking at INR 800-1,000 of sales revenue per sq ft from our Big Bazaar stores in East.
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