Global retail giant Wal-Mart in its joint venture with Bharti Enterprises plans to open 15 outlets in its wholesale format by end-2011. The company currently operates 3 cash and carry stores in the country at Amritsar, Ludhiana and Jalandhar. The JV company is opening four outlets in Rajasthan, Madhya Pradesh, Vijayawada and Hyderabad by mid-next year. Bharti Enterprises and US-based Wal-Mart Stores entered into a joint venture in August 2007 and started cash-and-carry stores named ‘BestPrice Modern Wholesale’ in 2009. Now is the time to get set for the in-store signage companies to hit the business opportunity in the new stores.
Wal-Mart, Bharti JV to open 15 outlets by 2011
- Post author:SignNews
- Post published:September 29, 2010
- Post category:New Business Opportunity
- Post comments:0 Comments
