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Suguna plans to reach 100 stores by year-end

Coimbatore-based Rs 3,200-crore Suguna Group has decided to consolidate its existing businesses and concentrate on retail sales. The firm is planning 30 percent growth year-on-year and it is maintaining volumes and focuses on sales activities. Currently, the Suguna has 45 ‘Suguna Daily Fresh’ outlets and they are planning to reach 100 stores by this fiscal end. The company’s expansion will be in Chennai and Bangalore, where there is good scope for ready-to-eat products. Alongside the expansion of the Suguna fresh outlets, advantage is not only for marketeers but also for the signage sector where in-store signage companies could embark upon a new business opportunity.  

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