Project News Detail
Project No : | 182406 |
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Project Title : | Plans To Add Around 600 Mini Stores Project In India |
Company Name : | Raymond Ltd |
Project Detail : | Raymond is planning to add around 600 more mini stores in its network in Tier-IV, -V and -VI towns in India. As per its retail strategy, Raymond has identified around 800 small towns having population above 50,000 to sustain a store and tap the potential through Mini TRS (The Raymond Shop) Raymond has a network of around 880 stores including Mini TRS, in which 820 are on franchise model and the rest 60 are owned by the company. In the next six months, it plans to open another 100 stores and then to take its total count to 1,000 and after that for the next two-three years, it will plan to open 100 stores every year The regular TRS has a spread of over 2,500 sq ft, while Mini TRS format is optimised in around 800 sq ft |
Project Location : | Multi Location (Multi State) - Multi State - India |
Project Estimation : | Refer Document |
Status : | Announced |