25 May 2011

Bharti Wal-Mart- Unlisted : to open 15 wholesale cash and carry stores by the end of CY 2011 ::CLSA

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Bharti Wal-Mart- Unlisted
Business description:
Wal-Mart and Bharti Enterprises formed a 50:50 JV to foray
into the wholesale cash and carry business under Bharti
Wal-Mart Private Limited
In addition, Bharti has also opened retail stores, the supply
chain for which is supported by Bharti Wal-Mart
Currently, Bharti has a total of 118 stores, including Easy
Day stores and Easy Day Market stores, in Punjab,
Haryana, UP, Rajasthan, among others.
Bharti plans to increase its store portfolio to about 140
stores by the year end; Bharti Wal-Mart has recently
opened its third cash and carry store
The company plans to open 15 wholesale cash and carry
stores by the end of CY 2011

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