Landmark to set up six stores
15 Jul 2009
Landmark, the Tata Group's books and music retail chain has announced plans to set up six more stores this year with investment of about Rs30 crore.
Each of these stores will be set up at an investment of Rs5-6 crore.
Landmark, a subsidiary of Trent and part of the diversified Tata Group, has tied-up with Disney to set up an experience zone for kids, which will host the first HP Photo Land, a versatile lab where anyone can walk in and use machines to print photographs.
Landmark is also hosting an exclusive electronic zone with most of the digital entertainment products, including accessories, being hosted at one place.
For expansion, Landmark has identified two locations in Hyderabad, Banjara Hills and Somajiguda, two stores in Mumbai, one in Chennai and another in North.
The company has about 11 large format stores apart from stores in airport and hotel lounges. It closed last fiscal with revenues of Rs200 crore.