Trent to add upto 11 stores by March 2011

    Trent to add upto 11 stores by March 2011

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    Retailer expects to add upto 11 ‘’ stores by March 2011 taking its store count to 18 from the current seven, a senior official told reporters on Thursday (Jan 21).

    “We are looking to add two stores by the end of this fiscal. We would open 7-9 stores next fiscal in a couple of new cities,” , chief operating officer said, adding he’d spend about 70 million rupees to set up one ‘Star Bazaar’ store.

    Star Bazaar is a hypermarket chain.

    Reid also said same-store sales were up 41 percent in April-Dec 2009 over the same period the year ago.

    Source: Reuters