Home Retail Bharti to add 70 stores across format

    Bharti to add 70 stores across format

    Bharti Enterprises plans to reach the 150-store-mark by the end of this year by opening 70 new ones, including those run under a unit and the ones run through a joint venture with US’s Wal-Mart Stores Inc. It has about 80 stores at present.

    Bharti runs two cash-and-carry stores through its joint venture with the world’s largest retailer by revenue, Wal-Mart Stores, and these stores are also expected to go up to 10 by 2010-end.

    A unit of Bharti Enterprises, Bharti Retail, also plans to increase the number of its mid-sized compact hypermarket stores, "Easyday Market", to 12 from six now.

    Bharti is the parent company of Bharti Airtel — one of the leading mobile-phone operators of India in terms of the number of subscribers.

    — IndiaRetailing Bureau