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May 19, 2007

Aditya Birla group retail store to be renamed as More store

Aditya brila group thought its not yet in the race of retail business which reliance and pantaloon or quitly winning, i hear you saying that it already acqured trinethra for that m but it feels like thats not enough and so it has come up with a idea oif renaming the stores to "More" and offering in the organised retail landscape. Birlas hope to replicate these scenes at its 1000 supermarkets, with 15 such stores rolling out in Pune next month. Hypermarket is the other format the group plans to enter. And for this retail foray, the group plans an investment of 7 to 8 thousand crore rupees.

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Posted by rupya at May 19, 2007 11:49 PM