Wednesday, November 01, 2006

Trinethra plans Rs. 100 crore investment

The Economic Times reports that Trinethra Super Retail (TRSL) announced that it will be focusing more on the supermarket format and plans to grow to 220 outlets by March 2007. At present Trinethra has 150 stores in southern states, Andhra Pradesh, Tamil Nadu, Karnataka and Kerala. The new stores will also be located in the same region.

The company launched its new retail format, called the Trinethra Quick Shop. These Quick Shops will focus on stocking the main 3,000 SKUs that make up 70-80% of store sales. TRSL is a Rs. 240 crore company that operates stores under the name Trinethra in Andhra Pradesh and Chennai and under the name Fabmall in Bangalore.

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