Google News
spot_img

More Fresh@ stores form Heritage Foods

Must Read

With an estimated investment of around Rs 50 lakh per outlet, Hyderabad-based Heritage Foods India Private Limited (HFIPL) is planning to open about 50 more ‘Fresh@’ grocery stores by next year in cities including Hyderabad, Chennai and Bengaluru.

Confirming this, Heritage Foods president M Sambasiva Rao said, “Our idea is to open about 50 retail outlets in each of these cities in a year from now.” The company presently operates 30 Fresh@ stores in Hyderabad, and 22 each in Chennai and Bengaluru. The company had raised about Rs 35 crore from private equity last year, and intends to do the same for further expansion.

HFIPL has also entered into a bilateral agreement with Metro Cash and Carry for supply of commodities, and is joining hands with similar strategic partners for its supply chain management.

Latest News

Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...