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

Home PageContact Us

Hariyali Bazaar to only sell fuels, shrink stores
Posted On: 12-06-2013 08:05:00 AM

Post-restructuring of business, DCM Shriram Consolidated Ltd's (DSCL) retail arm Hariyali Kisaan Bazaar will focus on selling only fuels. Earlier, Hariyali Kisaan Bazaar was one-stop solution for farmers offering range of products such as farm inputs and FMCG goods among others items with about 300 outlets about three years ago. Organized retail in rural areas is still a challenge owing to stiff competition from the mom & pop stores.

Post-restructuring, DSCL has reduced its losses of Hariyali Kisaan Bazaar to Rs 35 crore in 2012-13 fiscal from Rs 106 crore in the previous year. The revenue also fell to Rs 516 crore from Rs 853 crore during the period under review. Since the company has now restricted the Hariyali business activities to only marketing fuels sourced from BPCL which stands at 37 outlets in six states, the company is s looking at monetizing the land bank of Hariyali Kisaan Bazaar of over 275 acres at more than 95 locations.

 
 
 

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
Abercrombie & Fitch to shut 60 stores
Reliance Brands ties up with Kate Spade New York for stores in India
Future Group to forge alliance with Trentís Star Bazaar
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