Trent takes on mid-sized stores for Star Bazaar chain

Tata Group’s firm Trent Ltd, which formed a venture for multi-brand retail with Tesco, is contemplating launching different formats, including mid-sized stores, for ‘Star Bazaar’ to achieve profitability faster. The company has opened a smaller format called Star Daily in Pune, a convenience store that is doing very well. Then they are planning to launch a second such store shortly. It has been the company’s aim that these mid-sized formats will reach profitability faster. Currently, Star Bazaar has 12 hypermarket stores, each spread over 40,000-80,000 sq ft. Trent Hypermarket Ltd (THL) operates the Star Bazaar retail business in India. Boost in the retail domain of the country will bring in fresh business opportunity for signage players dealing in in-shop designs, displays and other related activities.