Reliance Retail to turn hypermarkets into wholesale stores
date:Jan 03, 2014
ypermarkets and cash-and-carry stores are two entirely different formats with different demands and economies, Amitabh Mall, partner at Boston Consulting Group, said. Converting any hypermarkets into cash-and-carry has to negate the disadvantages of lower margin at the cash-and-carry with the high rentals (of the existing hypermarkets), Mall said. That is the equation someone needs to solve. It could work in some cases and may not in others. So it's a mixed answer.
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