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Arvind to open 25 Megamart stores

Dubai-based retail conglomerate Landmark Group, which operates Lifestyle, Home Centre, Max Retail and other retail formats, plans to double its India revenue to Rs 3,000 crore in two-and-a-half years. To drive this growth, the group’s Indian arm, Lifestyle International Pvt Ltd, will invest around Rs1,000 crore over the next two years to expand its various formats, with an emphasis on Lifestyle and Home Centre. Lifestyle International is also looking at integrating all its formats under one roof. The integration this time would begin with having Dubai-based retail brand Splash under the Lifestyle umbrella in a shop-in-shop format.

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