Thursday, May 21, 2009

Bharti Wal-mart slated to open first cash & carry store

Named Best Price Modern Wholesale, Bharti Wal-mart, after going thru its share of start-up problems, is scheduled to open its first cash & carry store in India. The JV had earlier announced to open 10-15 cash & carry stores with sizes ranging between 50,000 to 100,000 sq.ft, by the year 2015. The first store will open in Amritsar next week. The store will sell to traders, shop keepers, businesses and HoReCa customers. It will not cater directly to customers.

Metro cash & carry is already present in India with a similar business proposition.

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