Retail in Asia

In Sectors

India’s Bharti Retail to expand offerings

India’s salon chain Naturals Beauty has entered into an agreement with Bharti Retail Pvt Ltd, which has joined hands with global retail giant Wal-Mart for its retail foray for setting up salons inside Easyday Market stores which are compact hypermarket stores operated by Bharti Retail.

The Chennai-based salon chain also said that it is looking to raise around INR100 crore (INR1 billion, USD19.54 million) from a private equity to support its expansion plans.

Bharti Retail spokesperson confirmed the development and said: "In order to serve our customers better, Bharti Retail sub-leases space in Easyday Market stores and towards this we have sub-leased space to Naturals in some of our stores."