Max Hypermarkets to roll out 25 Spar hyperstores
After a phase of consolidation, Micky Jagtiani-owned Max Hypermarkets, which operate Spar-branded superstores, to expand presence to new geographies and open 25 hypermarkets by 2012. This will result in a 10-fold increase in the company’s retail space—from 120,000 sq ft currently to 1.2 million sq ft. The company, currently, operates three large-format stores—two in Bangalore and one in Hyderabad—and is set to open its flagship property, a 90,000 sq ft store, in Bangalore soon. Such introduction of new Max Hypermarkets in major cities is an unmatched opportunity for signage companies like in-store media majors, sign suppliers and print providers.