The Loot to open 50 franchise stores

The Loot, providing best brands at best price under one roof is all set to expand. The company is planning to open 50 franchised stores in the next six months confirms a company official. Presently, it has around 150 stores pan India mostly, in tier II and III cities.

The company operates on the franchise model as it believes that every city has different rules and regulations about which the franchisees are well aware, and this helps in smooth functioning of the stores.

The first Loot store was set up in 2004. The Loot is considered as the pioneer of multi branded discount chains.