TATA Group plans aggressive expansion of Westside stores

Upbeat on the country’s economic prospects over the next 3-5 years, TATA Group Company Trent has undertaken aggressive expansion plans for its retail chain Westside. The expansion could see doubling the number of Westside stores over the next five years. Trent’s standalone net profit of Rs 11.66 crore in the Q4 period ended March 2018, down from Rs 25.26 crore in the corresponding period of the previous year, has not set it back on expansion plans. Westside currently has 125 stores of which 30-40 are franchised. Westside, Starmarket and Zudio will be the three major growth pillars for the company, going forward. Signage companies engaging in in-store projects on branding, graphic displays and such jobs can grab new business opportunity with the TATA Group’s store expansion plan.