 "METRO")
METRO Cash & Carry, which claims to be India’s largest wholesaler, will overtake rival Walmart India’s cash-and-carry business, Best Price Modern Wholesale, after opening its 22nd store in Bengaluru’s Mysuru Road this Thursday, it’s sixth in India’s Silicon Valley.
Till now, both the companies were at the same level, having opened 21 stores each. By 2020, METRO plans to set up 50 stores, whereas Walmart plans to have 70. While both are bullish on India, French retailing group Carrefour, which had a cash-and-carry business, left India after it found difficult to do business here.
METRO claims higher revenues
Till now, both the companies were at the same level, having opened 21 stores each. By 2020, METRO plans to set up 50 stores, whereas Walmart plans to have 70. While both are bullish on India, French retailing group Carrefour, which had a cash-and-carry business, left India after it found difficult to do business here.
METRO claims higher revenues
