Future Group, which runs India’s largest retail chain in both value and lifestyle formats, plans to increase the number of franchisee-based convenient stores to over 1,000 in the next two years. Currently, the company has 100 franchisee-based convenient stores in Delhi and 200 stores throughout Delhi, Bangalore and Mumbai. This would be an alternative viable option as in the next 5-7 years the cities are expected to face shortage in the availability of land for retail expansion. Mega expansion plan of the company would be an added business advantage for the signage companies dealing in in-store displays and other related activities.
Future Group plans to increase number of franchisee-based convenient stores
- Post author:SignNews
- Post published:June 8, 2013
- Post category:New Business Opportunity
- Post comments:0 Comments
