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Our Bureau

Bangalore, June 1

Future Group's Big Bazaar is looking to invest Rs 1,000 crore this year on its expansion plans that includes reaching a milestone of 100 stores by December. It is hoping to finish this financial year (which ends on June 30) with a turnover of Rs 2,000 crore.

"Next fiscal, we will reach a turnover of Rs 5,000 crore, while the Future Group will touch Rs 8,000 crore," said Mr Rajan Malhotra, Head, Big Bazaar. He was in the city in connection with `The Shop' — a two-day conference on retail in South India. The Future Group is looking to strike partnerships this year in the categories of denim, saris and opticals, said Mr Malhotra, declining to divulge more details.

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Big Bazaar plans expansion

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