Major expansion of SPAR stores in 15 Indian cities
India
Friday 15 April 2011
MD
A strong growth is planned for SPAR stores who will spend 8 to 30 hypermarkets in the coming months.
The Landmark Group, based in Dubai has a license agreement with SPAR International to open SPAR stores in India. Since its opening in India in 2004, the company has 8 SPAR hypermarkets.
The company expects strong growth and is planning an investment of U.S. $ 123 million for 30 additional SPAR hypermarkets in 15 cities.
source : business standard, commodityonline, indian prwire