Aditya Birla Retail Ltd (ABRL), a unit of Aditya Birla Group, is scaling down its operations to attain profitability in all stores in the next three years, a top company executive said here today.
The retailer is likely to miss its earlier revenue target of $4 billion (Rs 18,400 crore) by financial year 2014, as it closed down a number of unprofitable stores and did not open the number of stores planned, the executive added.
Read On
Friday, March 5, 2010
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment