Less is ‘More’ for Aditya Birla Retail – Downsizing yet again!

Aditya Birla Retail, which runs More supermarkets and hypermarkets, has closed 39 stores, including two-thirds of its outlets in Gujarat, company CEO Thomas Varghese said. The retail venture of the $29-billion Aditya Birla Group has closed these stores over the last nine months as part of a strategy to discontinue unprofitable stores. “Any store that [...]