Vishal Retail moves into fast mode

KOLKATA: Vishal Retail is planning a major FMCG push across its stores. The mid-market retail chain, which is looking to chart out a major national expansion plan, retails garments, grocery, home appliances, furniture, gifting and stationery items.

Around 15-16% of its products across categories are private labels with its garments mainly being manufactured in-house. Now, however, the focus is on fast moving consumer goods, with the intention to take the private labels share up to 25-27%, said sources.

Plans are afoot to introduce a slew of products, including talcum powder, packaged water, shoe polish packaged ghee, shaving gel and foam and deos, chips and biscuits amongst a host of other items, it is learnt. Ketch-ups have just been already launched.

However, it seems some of the products may require some corrections in terms of consumer tastes and thus could see a slight delay in hitting the shelves.

Sources indicated that the company has already soft- launched body lotions, dish-washing liquid, floor cleaners dish wiping tissues and agarbattis.

The products are slated to be launched in a phased manner and are to be retailed from Vishal Retail’s hypermarkets. The company, which recently went public, registered a Rs 600-crore turnover in 2006-07. The target for 2007-08 is Rs 1,200 crore.

Vishal, with a strong presence in northern India, is also looking at a more pan-Indian footprint. Currently, there are 54 stores, covering 13 lakh sq ft of retail space. About 35-40% of the turnover is contributed by apparels, which are mainly menswear.

SOURCE : DNA MONEY

Wonder why no one protests outside the Big Bazaar stores except the employees who protested on being laid off once.

Especially in places like UP where BSP rules, I believe most of it is because of Ambani is seen closer to Samajwadi Party.
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has anyone been to SRS value bazar??? i had posted one post regarding this earlier also....i really liked their stores....and i can see a lot of SRS stores coming up in nCR region...and they're serving customers whenever i have been there....+ they have SRS cinemas alongwith SRS value bazars...and guess what unlike PVR u getto see the movie in a multiplex for 60/- instead of 150/- ..... they re coming up with Engg colleges which again is a profitable business....i spoke to guy at retail outlet today and he told me its a listed company but since his manager was not there i cud not confirmname of listed entity from him.....