Subhiksha to open consumer durable retail stores

2 Dec 2008, 2025 hrs IST, PTI

CHENNAI: As part of its expansion plans, supermarket chain Subhiksha Trading Services today said it will set up consumer durable retail stores
across the country. The stores will sell products like laptops, printers, computers apart from mobile phones, Subhiksha Managing Director R Subramanian said. However, Subramanian declined to give details on how much the company is investing and the time frame for setting up the retail stores. On the decrease in mobile phone stocks (across the company showrooms in Chennai), he said, "In the last few months, the sales of mobile phones have been witnessing slow growth." He said the retail industrial growth has been affected due to the global meltdown. "Everyone in retail industry are postponing their expansion plans and are adopting a wait and watch strategy," he added. He also said that the global meltdown would help in making the industry lead a "healthy life" despite its negative impact. To a query, he said the Chinese retail industry is different and ahead of India "in many ways". The industry there is more organised, he added.
var zz=0;var sldsh=0;
var bellyaddiv = ' ';
var stindex=100;
var stp=150;
var taglen=0;
var tmp;
var tagcheck = new Array("div","span","br","font","a");
var storycontent = document.getElementById("storydiv").innerHTML;
var firstpara = storycontent.substring(0,storycontent.toLowerCase().indexOf("")).toLowerCase();
function findptt(cnt){
zz++;
if(zz == 10)return;
var xxx=-1,yyy=-1;
var ccnt = cnt;
for(ii=0; ii ");
if(yyy != -1){
taglen += yyy;
stp = stp + yyy;
yyy+=1;
}
break;
taglen = taglen + tagcheck[ii].length + 3;
}
}
if(xxx == -1 xxx >= 150){
return;
}else{
var tmp2 = ccnt.substring(0,xxx);
tmp2 += ccnt.substring((yyy+xxx),ccnt.length);
findptt(tmp2);
}
}findptt(firstpara);
if(firstpara.length ")){}else{ tmpminus = tmpcon.length - tmpcon.lastIndexOf("
var RN = new String (Math.random());
var RNS = RN.substring (2,11);
b2 = ' ';
if (doweshowbellyad==1)
bellyad.innerHTML = b2;