Raymond to open 290 new retail stores
The 300 new stores would be operational in two years and facilitate in increasing market space of Raymond in the retail industry to the already existing around 525 stores. This is a perfect gift from Raymond to hundreds of youths
THE COUNTRY’S leading brand Raymond led by businessman Gautam Singhania is coming up with exciting news for young minds, willing to enter into the lucrative retail industry to carve out a career.
According to reliable sources, Raymond is contemplating augmenting its market presence; it has decided to open approximately 300 new stores across the country, with emphasis on tier two cities. To give shape to its ambitious project, the company has hired the well known name in the world of retail industry Rakesh Pandey. As of now Rakesh Pandey was part of Marico, where he was heading its Kaya business, looking into diverse functions ranging from market capitalization to brand building.
The 300 new stores would be operational within two years and facilitate in increasing market space of Raymond in the retail industry to the already existing around 525 stores. This is a perfect gift from Raymond to hundreds of youths waiting to plunge into the retail sector.
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