Next Retail on an expansion spree

Electronic retail chain brand Next Retail, is all set to take its store count to 1,000 in the next two years. The new expansion will be done via both company owned and franchised outlets. Presently, the company has 600 outlets, out of which 430 are franchisee owned.

KS Raman, Director, Next Retail informs, “We will be taking the store count to 1,000 in near future. These new outlets will be targeting all B, C, D and E class towns. We are not looking for expansion in metro and Tier I cities.”