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Aditya Birla Retail expanding through investor

Aditya Birla Retail is roping in a financial investor to fund its expansion plans. Given the rate at which Aditya Birla Retail is expanding, funding will be an important factor especially with the rising rentals in the realty market. Aditya Birla Retail operates supermarkets under the ‘more’ brand and hypermarkets under the ‘more.megastore’ brand across the country. It has opened its sixth megastore in Thane (the first in Mumbai/Thane). With 632 supermarkets and five hypermarkets under its wings, Aditya Birla Retail is gradually moving ahead with its expansion plans, even as it continues to identify and shut down unviable stores. Expansion of space at Aditya Birla Retail is a good sign for the signage sector in which in-store media companies and sign suppliers will find a new business opportunity. 

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