Retail News Newsletter Columns Retail Jobs Dictionary Directory Calendar Policies Retail Edge Footprint

Home PageContact Us

Metro Cash&Carry spends Rs 60 crore per store
Posted On: 17-11-2011 00:00:00 11

German retailer Metro Cash & Carry plans to open 8-10 stores in the country every year for the next four years at an investment of around Rs 2,400 crore. The average investment in a store is Rs 60 crore. The company recently launched its center at Borivali in Mumbai. The Borivili centre offers as assortment of 10,000 products (food and non-food) to business customers including hotels, restaurants, caterers, traders and small offices. The distribution centre is spread over four acres and has a selling space of approximately 60,000 sq feet. Metro Cash & Carry, which entered the Indian market in 2003, presently operates six wholesale distribution centres, including two each in Bangalore and Hyderabad, and one each in Mumbai, Kolkata and Ludhiana. As part of the expansion plan, the company will plans to open a store in Jalandhar in December and another in Delhi in January.

 
 
 

SocialTwist Tell-a-Friend

 

Want more stories delivered to your inbox?
Please sign up here for our free newsletter.

 
retail india Related News retail industry india
retail news videos on retail industries
Saks Fifth Avenue planning India stores, in talks with Aditya Birla Fashion
Max Fashion to invest Rs 100 crore to open 50 stores this year
Massimo Dutti to open its first India store in Delhi next week
Abercrombie & Fitch to shut 60 stores
QSR chains lean on travel retail to overcome slowing same-store sales
retail stores
retail policies
retail suppliers retail classes retail news
retail policies retail news retail india
retail training Current Newsletter retail industry
retail suppliers retail industry growth retail slowdown
retail policies retail news retail india
retail training (FY 2015 - 16) 3rd Quarter Results retail industry
retail suppliers retail industry growth retail slowdown
retail policies retail news retail india
retail training Search News retail industry
retail suppliers retail industry growth retail slowdown
latest retail news in your mail

retail industry



 
retail news
About Retail Angle   |  The Team  |  User Agreement   |  Privacy Policy  |  Advertise with Us  |  Feedback  |  Site Map  |  Contact us 
retail industry

indian retail