Footwear retailer Khadim’s plans to add 400 retail outlets in the country, taking the total store count to over 1,000, according to a PTI report.
“At present the company has 650 outlets in the country and in the next three years 400 more will be opened including 100 during the current financial year,” Khadim’s CEO, Suman Burman Roy, told reporters while opening two new outlets at MG Road and AB Road, Indore.
With the new outlets, the total number of the company’s showrooms in Madhya Pradesh has gone upto 10. The company will set up 30 more outlets in the state in the next three years, stated Roy. He further added that the company recorded a turnover of Rs 500 crore last fiscal and in the next three years it plans to increase it to Rs 1,000 crore.