The Future Group-owned company Galaxy is planning to boost its food courts at a time when footfalls at retail outlets are dropping. The BSE-listed entity, which was acquired by Kishore Biyani-led Future Group from the promoters of Haldia Petrochemicals in 2005, runs sports bars and gaming zones under two brands — The Sports Bar and The Sports Bar Express — across popular malls in the country. Galaxy plans to open 22-24 food-courts this fiscal at an investment of Rs 10 crore. It currently runs 11 food courts, and has tie-ups with various malls to operate and manage food outlets through a minimum-guarantee-plus-revenue-sharing model. Such opening of new food courts will be an added advantage for the signage companies dealing in in-shop designs, displays and related activities.
