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The Loot, a Mumbai based multi-brand retail chain, has recently opened its store at Anna's Arcade, Spencer Junction, in Thiruvananthapuram.
The Loot, a Mumbai based multi-brand retail chain, has recently opened its store at Anna's Arcade, Spencer Junction, in Thiruvananthapuram. This is the company’s first store in Kerala. It further plans to set up a number of stores in Kerala via the franchise model.
The company started its operations in 2004 in Mumbai. Presently, it has 150 outlets out of which, 110 are franchisee owned while 40 are company-owned. The Loot operates via franchising as it believes that every city has different rules and regulations about which the local entrepreneurs are aware of, this is helpful for smooth functioning of franchised stores.
