Big Bazaar opened in Vijayawada

Pantaloon Retail (India) Limited has opened its Big Bazaar, country's largest hypermarket chain, in Vijayawada. This is the fifth one in Andhra Pradesh and 68th in the country.

The company expects the store to do a business of Rs 55 crore this year, Rohit Malhotra, head of operations, Pantaloon South zone, said.

He said the firm would soon open two more stores in the city and 12 more in Andhra Pradesh. The business, which was Rs 75 crore in AP last financial, is expected to touch Rs 600 crore this year. Ultimately, AP would have 25 stores in a couple of years.

He said the company would invest Rs 800 crore in the state in the coming months in opening new stores.