Hypermarket operators tweak models to cut costs, increase margins

Hypermarkets, or large supermarkets, run by Tata-owned Trent and RP Sanjiv Goenka Group’s Spencer’s are tweaking their operating strategies to improve store productivity and bolster margins. Both Star Bazaar, the hypermarket chain of Trent, and Spencer’s are chasing profitability after years of losses. Star Bazaar is looking at opening stand-alone stores, as opposed to those […]