HAVING achieved a report efficiency in 2020, two established home-grown grocery retailers, ninety nine Speedmart and KK Super Mart, will step up growth plans this year. ninety nine Speed Mart Sdn Bhd plans to open an average of 25 stores a month whereas KK Supermart & Superstore Sdn Bhd is planning on some 10 shops a month. Avenue Supermarts, the owner of D-Mart, has bought a forty seven,000 sq ft area in Migsun’s Rohini Mall in Delhi for Rs 108 crore. Migsun group is growing a million sq ft of retail area in Delhi’s Rohini space.
Meanwhile, Flipkart’s Binny and Sachin Bansal carefully followed on this prestigious list clinching the second position. In a disclosure to the inventory trade on Monday, SM Investments Corp. stated its subsidiaries SM Retail Inc. and SM Prime Holdings have entered into a joint venture with the Waltermart Group of Companies. The Ontario College of …