Big Bazaar to expand in east, to open 18 new stores by October 2010

Kishore Biyani’s Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from 22, at present, to 40 by October in the region.

The latest thrust on expansion comes at a time when the group is betting on community retailing as the new business model for Big Bazaar. It has also created a sub-brand ‘Big Bazaar Family Centre’ that is completely focused on community retailing and is spread over 60,000-70,000 sq ft as compared to a Big Bazaar store spread over 35,000-40,000 sq ft.

Big Bazaar

In fact, the Future group also plans to reorient all the existing Big Bazaar stores in the region as per this new business model. It has plans to convert two existing Big Bazaar stores in Ranchi and Guwahati into Big Bazaar Family Centres.

“At present, Big Bazaar is spread over 10 lakh sq ft in the East. We will add another 6 lakh sq ft as part of the expansion process. While earlier the focus was to drive returns on a per sq ft, the model of this format has now changed completely. We now want to include products which may not lead to volume sales but will cater to the entire shopping basket of a family,” said Future Value Retail chief operations (East) Manish Agarwal.

Future Value Retail, a wholly-owned subsidiary of the Future Group flagship Pantaloon Retail India Ltd, is a newlyformed company that owns the value formats – Big Bazaar and Food Bazaar.

As part of the expansion plan, Future Group will also enter into several newer markets in the East like Patna, Asansol, Agartala, Silchar, Deoghar, Bilaspur, Raniganj, Liluah and Gangtok. While the group already operates seven Big Bazaar stores in Kolkata, it plans to add another seven by October.

“We’ve already acquired real estate for the new stores and they are under various stages of development. Once the proposed Big Bazaar expansion is complete, we will look at new opportunities for standalone Food Bazaar stores in the East,” said Mr Agarwal.

Have you read?:

  1. Future Group To Open 30 Big Bazaar Outlets By 2012
  2. Future Group’s Big Bazaar In New Avatar To Greet Shoppers
  3. Pantaloon Completes Transfer To FVRL
  4. Pantaloon Retail Earmarks Rs 2,100-Cr For Expansion Over 3-Yrs
  5. Biyani Tells Kin To Hand Over Future Reins To Professionals

Comments

  1. Gopi Naik says:

    any palns for Goa Margao

  2. Gopi Naik says:

    ANY PLANS TO OPEN IN GOA, A Must in GOA MARGAO

  3. SAIKAT PAL says:

    Dear sir/madam, got to know that BIG BAZAAR is coming up at Agartala, as I was working at Metro Cash & Carry at Kolkata as a Sr. Supervisor so it will be a very good opportunity for me to work with you if i get a chance at Agartala as because it is my home town.So request you to provide me the details information about the interview i.e. date and place.Thank you and waiting for the response.

  4. digvijay singh says:

    i’m interested to open big bazaar in ballia (u.p). contact no.9454446999

  5. SAAZ says:

    Open Big Bazaar at Gaya (Bihar) a historical and internationally important city of India

  6. Birmani Singh says:

    Dear sir/madam, its very pleasure to know that BIG BAZAAR is coming up to Silchar..in fact i’m working in retail sector in pune…it will be a very good opportunity for me if i get the chance to work in silchar big bazzar coz i’m basically from silchar..so pls give the detail information about the recruitment ie month and place..thank you waiting eagerly for the response.

  7. FAFLU says:

    Big Bazaar should come to Bongaigaon,Assam(urben area) as there is no other shopping mall in entire lower assam region.So for buying anything we have to go to Guwahati.

  8. SANU SAM says:

    ITS A PROUD TO THE PEOPLE OF BHILAI THAT WE HAD TREASURE ISLAND MALL AT SURYA VIHAR IT’S A HEARTLY REQUEST TO BIG BAZAR TO OPEN THERE COUNTER AT THIS MALL. W8TING FOR UR RESPONSE………..

  9. Rupam says:

    When is big bazaar coming in Dimapur, Nagaland we are waiting come soom…

  10. vikash agrawal says:

    we have rented premises at tinsukia and dibrugrah assam,so if you reqired pl. contact me on mobile no 9435428769

  11. CHETAN SONI says:

    its third big bazar in bilaspur city,bilaspur is on the way to metro not in population but in development,as bilaspur population is near 8 lacs only,but it has 3 bigbazar,city36 mall having 5 star hotel of mariot group,globus sore,westside store 4 star east park,and other 3 star,4 screen glitz multiplex,4 screen PVR MULTIPLEX IN MAGNETO MALL,DOMINOS PIZZA,CAFE DAY,HONDA CAR SHOWROOM,WOXWAGON CAR SHOWROOM AND MANY OTHER,ALL BRANDS SHOWROOM,STORES EXISTING IN BILASPUR CITY OF CHHATTISGARH,MANY OTHER MALLS TO COME ,NO POWER CUT EVEN FOR A MINUTE,BEST TRAIN CONNECTIVITY TO ALL IMPORTANT AND MAJOR CITY OF INDIA,PROPERTY RATES ARE BOOMING,HITECH BUS SATND OF COUNTRY,EXCELLENT HIGH CORT BUILDING.NEW ROADS ARE ON THE WAY,PEACEFUL CITY,GOOD ADMINISTRATION,AIRPORT LIKELY TO MAKE SOON,INDIA ME YAH SAB FACILITY US CITY ME HAI JISKI POULATION 25 LACS SE ZYADA HAI ,NO CITY LIKE BILASPUR HAVING ZERO POWER CUT IN INDIA,THIS IS ALL ABOUT GR8 BILASPUR,vibrant and blustering city which never sleep

  12. CHETAN SONI says:

    its third big bazar in bilaspur city,bilaspur is on the way to metro not in population but in development,as bilaspur population is near 8 lacs only,but it has 3 bigbazar,city36 mall having 5 star hotel of mariot group,globus sore,westside store 4 star east park,and other 3 star,4 screen glitz multiplex,4 screen PVR MULTIPLEX IN MAGNETO MALL,DOMINOS PIZZA,CAFE DAY,HONDA CAR SHOWROOM,WOXWAGON CAR SHOWROOM AND MANY OTHER,ALL BRANDS SHOWROOM,STORES EXISTING IN BILASPUR CITY OF CHHATTISGARH,MANY OTHER MALLS TO COME ,NO POWER CUT EVEN FOR A MINUTE,BEST TRAIN CONNECTIVITY TO ALL IMPORTANT AND MAJOR CITY OF INDIA,PROPERTY RATES ARE BOOMING,HITECH BUS SATND OF COUNTRY,EXCELLENT HIGH CORT BUILDING.NEW ROADS ARE ON THE WAY,PEACEFUL CITY,GOOD ADMINISTRATION,AIRPORT LIKELY TO MAKE SOON,INDIA ME YAH SAB FACILITY US CITY ME HAI JISKI POULATION 25 LACS SE ZYADA HAI ,NO CITY LIKE BILASPUR HAVING ZERO POWER CUT IN INDIA,THIS IS ALL ABOUT GR8 BILASPUR

  13. rahul verma says:

    this is a pride of chhatisgarh state.

  14. Jai says:

    Bgbazar is opening in bilaspur chatisharh on 01OCT11 at agrasen chowk, near valraj petrol pump

  15. Rajnish says:

    Hi i have a request to open big bazaar in dibrugarh because here is so many malls like vishal sohum maxxmart shopper cite etc but we all want that bigbazaar open soon in dibrugarh because we have to go tinsukia for shopping so open soon.

  16. Mufty says:

    Hi sir/madam, this is Mufty from silchar, actually i was thinking that bigbazar would never come to this part of the earth, but after hearing this news im jz shocked. By the way if big bazar opens up in silchar, than i am sure that its gonna make record sales percentage in the history of big bazar bcoz since silchar is the second largest city in assam and the gateway for the north-eastern countries like BANGLADESH, MAYANMAR, BANGKOK, SINGAPORE, MALAYSIA etc. so its really gonna rock here in sil.
    so hurry up in launching the BIB B.

  17. palak says:

    heard that bigbazar is opening at bilaspur (c.g) ,pl.tell when and where (location at bilaspur)

Trackbacks

  1. yamonna.com says:

    Big Bazaar to expand in east…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  2. infoawl.com says:

    Big Bazaar to expand in east…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  3. Big Bazaar to expand in east…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  4. iamwithu.com says:

    Big Bazaar to expand in east…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  5. NewsFew.com says:

    to open 18 new stores by October 2010 | Retail Guru…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  6. dryli.com says:

    to open 18 new stores by October 2010 | Retail Guru…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  7. Big Bazaar to expand in east…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  8. to open 18 new stores by October 2010 | Retail Guru…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  9. Big Bazaar to expand in east…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  10. to open 18 new stores by October 2010 | Retail Guru…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  11. to open 18 new stores by October 2010 | Retail Guru…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  12. Big Bazaar to expand in east…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  13. to open 18 new stores by October 2010 | Retail Guru…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  14. DJtalk.net says:

    Big Bazaar to expand in east…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  15. Big Bazaar to expand in east…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  16. thoof.com says:

    Big Bazaar to expand in east…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  17. pligg.com says:

    Big Bazaar to expand in east, to open 18 new stores by October 2010 | Retail Guru…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  18. pligg.com says:

    to open 18 new stores by October 2010 | Retail Guru…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  19. emusar.org says:

    to open 18 new stores by October 2010 | Retail Guru…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  20. c77c.net says:

    to open 18 new stores by October 2010 | Retail Guru…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  21. pligg.com says:

    Big Bazaar to expand in east…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  22. bigbarga.in says:

    to open 18 new stores by October 2010 | Retail Guru…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

  23. newsgroup.ro says:

    to open 18 new stores by October 2010 | Retail Guru…

    Future Group has decided to invest more than Rs 125 crore over the next six months to expand the Big Bazaar chain of hypermarts in the East. The group intends to nearly double the number of Big Bazaar outlets from…

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