After a phase of consolidation, billionaire Micky Jagtiani-owned Max Hypermarkets, which operates Spar-branded superstores, plans to expand its presence to new geographies and open 25 hypermarkets by 2012. This will result in a 10-fold increase in the company’s retail space, from 120,000 sq ft currently to 1.2 million sq ft. Managing director Viney Singh said [...]