Department store operator Trent has revealed an ambitious Rs 40 crore plan to enter the food retail sector, opening one hundred grocery outlets within the next five years.

The stores will be established through acquisition or the development of green-field sites, said the company, adding that the focus would be on the Western and Northern regions of India.

A press release issued by the company revealed that: “Trent’s entry into food retailing will complement its operations of garment retailing through the Westside chain. The stores will be in self-service supermarket formats, selling food and non-food items, including wet groceries.”

Trent, also currently involved in expansion with the addition of three more department stores in Delhi and Kolkata, is hoping to gain a significant share in the Indian food retailing sector, estimated to be worth Rs 300,000 crore but dominated by smaller independent retailers.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.