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INDIA'S FUTURE GROUP PLANS EXPANSION SPREE FOR BIG BAZAAR CHAIN.
NEW DELHI, July 1 Asia Pulse - India's leading retail chain Future Group is going for a major expansion of its Big Bazaar chain of outlets, with the company planning to take the total number of stores to 150 by June 2009.
Big Bazaar has presently 92 outlets across the country and have plans to add over 45 stores by the end of June 2009, Future Group Director Rakesh Biyani said.
Besides, the company is also exploring for a 50:50 joint venture with International Group for its kids wear segment.
"We are exploring various proposals and options to maximise our efficiency and operations," he said on the Sidelines of the Pure & Play Retail Summit here.
When asked about the media reports regarding Future Group plans' to split the company into two specialised segment consisting of front-end and back-end retail, Biyani refused to comment on the issue.
"The ...
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