Business Daily from THE HINDU group of publications Wednesday, Dec 13, 2006 ePaper |
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Marketing
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Retailing States - Andhra Pradesh
Our Bureau
Hyderabad , Dec. 12 The Reliance Fresh retail rush is on. The company opened six more stores at Saket, Dilsukhnagar, Bowenpally, Vengalraonagar, Miyapur and Uppal, taking the total to 17 in the city. According to company sources, "It is an ongoing process and only six more stores have been opened. But when we reach a substantial figure, we will definitely come out in a big way." The sources said that the 17 stores put together have been averaging around Rs 15-16 lakh daily and around 800-1,200 footfalls daily. The six stores with a size of 2,500-4,000 sq ft each made around Rs 6.5 lakh in the first one week, he added. In the first phase, the company opened 11 pilot stores on November 3, offering fresh vegetables, fruits, flowers and grocery items. It plans to touch a figure of 40 stores in the twin cities in the coming days.
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