Business Daily from THE HINDU group of publications Friday, Oct 26, 2007 ePaper | Mobile/PDA Version |
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Marketing
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Retailing
Our Bureau Hyderabad, Oct. 25 Eyeing a significant share in the Rs 54,000-crore healthcare, personal and beauty care market, Reliance Retail, which launched its first outlet in Wellness format here last week, has lined up a strategy to launch 1,200 such stores in 51 cities across the country in the next three years. However, it will confine itself to about 20 stores this year as the focus would be on studying the response. Addressing a press conference here on Thursday, Mr Ninu Khanna, President and Chief Executive Officer (Wellness and FMCG), Reliance Retail, said the size of the shops would range from 1,500 sq ft to 3.5 sq ft. He, however, did not mention the investment that would go into it. The company would focus on offering personalised services, Mr Khanna said. More Stories on : Retailing | Cinema | Reliance Industries Ltd
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