Booker opens first Cash & Carry store in Mumbai, eyeing to open more
After Germany’s Metro and US-based Wal-Mart, UK’s largest Cash & Carry player Booker Group Plc has set up its first shop in Mumbai. Booker India, a unit of Booker Group, spent nearly Rs 8 crore in setting up the 35,000 sq ft Cash and Carry store in Kandivali suburb of Mumbai and planned to roll out similar ones in other parts of the country. Metros and smaller towns can take different sized stores in the country and the company sees how the Mumbai store operates and stabilises. And there is the fact that the new Cash & Carry stores will lend a new business opportunity to signage companies, particularly in-store media companies and signage players.