Dabur to expand its retail venture

Sep 27, 2010 |

Correspondent

Consumer goods firm, Dabur India Ltd will start adopting the franchise route for its retail stores “Newu” and explore smaller format stores in order to expedite expansion. The company’s subsidiary, H&B Stores Ltd that currently operates 22 “Newu” stores primarily in North
India, is also looking to open up to 150 new stores in 2011-12. It is also trying express or smaller formats that have quick turnaround time, besides focusing on “beauty” as a category, as it looks to break even in the next two years. H&B Stores that started operations in 2008 suffered during the downturn forcing it to go slow on the expansion and even closing down some stores.

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