Khadim’s to set up 400 more retail outlets across country

Press Trust of India Posted online: Saturday, Jun 14, 2014 at 0000 hrs
Indore : Footwear major Khadim’s plans to set up 400 more retail outlets in the country, taking the total number of its showrooms to more than 1000.

‘‘At present the company has 650 outlets in the country and in the next three years 400 more will be opened including 100 during the current financial year,’’ Khadim's CEO Suman Burman Roy told reporters while opening its two new outlets here.

The two new outlets were opened at MG Road and AB Road areas in the city, taking the total number of the company's showrooms in the Madhya Pradesh will go upto ten.

The company will set up 30 more outlets in the state in the next three years, he said.

Roy said that the company's turnover in 2013-14 is Rs 500 crore and in the next three years it has set a target of taking it to the level of R1,000 crore.