At a time when retailers are struggling with high rentals and companies like Pantaloon Retail are slowing the pace of expansion by shifting focus to profitable growth, Dubai-based Landmark Group has charted an ambitious expansion plan of opening 37 Max stores by 2011-12 with an investment of Rs 148 crore. The company on Thursday entered the eastern region with the value fashion brand Max, which was launched in the country in 2006, with the first store opening at New Town City Centre 2. This will be Max’s 24th store in India.
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Friday, February 19, 2010
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