New Delhi: H&B Stores, the health and beauty retail subsidiary of FMCG company Dabur, will open three warehouses to cater to its 350 stores, to be launched by 2010. The company, which declared Rs 140 crore retail expansion plan in three years, has already set up one warehouse at Manesar in Haryana, to take care of its north Indian stores. One warehouse can provide to about 80-100 stores and the company was looking to open another two more as part of the overall pan India expansion programme.
H&B Stores on March 13 inaugurated its retail roll out with the first store at Rajouri Garden in West Delhi. In the next fiscal year, the company is aiming about 30 store openings with 7-8 stores in the NCR region, four in Hyderabad, six in Bangalore and the rest in others places, comprising Panchukla and Ludhiana. The company hopes to touch a turnover of around Rs 34-35 crore in the first year itself. Besides well-known brands in the health and beauty segment, H&B will also be introducing its private labels.
H&B Stores on March 13 inaugurated its retail roll out with the first store at Rajouri Garden in West Delhi. In the next fiscal year, the company is aiming about 30 store openings with 7-8 stores in the NCR region, four in Hyderabad, six in Bangalore and the rest in others places, comprising Panchukla and Ludhiana. The company hopes to touch a turnover of around Rs 34-35 crore in the first year itself. Besides well-known brands in the health and beauty segment, H&B will also be introducing its private labels.
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