The Sunil and Rajan Mittal-led Bharti Retail, a subsidiary of group flagship Bharti Enterprises, plans to double its retail footprint from 1.65 lakh square feet to 3.3 lakh sq feet by the end of the current fiscal year.
Bharti Retail Pvt Ltd, which has a supermarket and a ‘compact’ hypermarket format, is studying the prospect of entering full-fledged hypermarkets, its president and chief operating officer Vinod Sawhny told Hindustan Times.
A hypermarket offers under one roof everything from groceries to general merchandise.
Bharti’s ‘Easyday’ supermarket stores are of the average size of 2,500 to 3,000 sq feet while ‘Easyday Market’ stores are larger in size with an area of 30,000 to 45,000 square feet.
The hypermarket, when it is opened, will be spread over an area in excess of a huge 50,000 sq feet.
The 600-employee-strong Bharti Retail currently has 25 Easyday stores and 2 Easyday Market stores spread around 13 towns in Punjab, Haryana and Delhi. It plans to reach 25 cities in two years.