Germany’s Metro Group is planning to open four additional cash-and-carry stores in India by the end of fiscal 2012.
A spokesperson for the company told just-food the retailer will open one new outlet in Zirkpur in Punjab and a further stores in Indore, in the state of Madhya Pradesh. The locations of the remaining two stores in the pipe line are yet to be announced.
Go deeper with GlobalData
“Metro Cash & Carry would like to keep a steady and sustainable expansion pace in India,” the spokesperson revealed. Metro operates 11 wholesale outlets in various Indian cities.
