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Published byCecil Alexander Modified over 8 years ago
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Bharti-Wal-Mart Isha Madan Jehangir Master
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Deal Bharti & Wal-Mart tied up in November 2006 to make an entry in organized retail sector Opening Cash & Carry store as 100 % FDI is allowed only in this format
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About the store First cash and carry joint venture store with an investment of $7 million in Amritsar last week Tied up with 800 suppliers Store size – 50000 Square feet Will offer an assortment of 6000 items including food and non food items Will operate under the brand name “Best Price Modern Wholesale” Planning to open 15 more outlets across the country in next 3 years
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Target customers Small stores Fruit and vegetable vendors Restaurants and Hotels
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Advantages of Cash & Carry… Customers will get everything under one roof At discounted price
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Disadvantages of Cash & Carry… Only licensed & registered customers can make purchases No credit and delivery services
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Management Bharti will manage the entire working of the store including the front end and back end operations Wal-Mart will bring in technology with regards to strengthening the supply chain management and logistics management in addition to infusing funds which will lead to a faster rollout of stores
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Thank You
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