FACT BOX

Progressive Grocer (India) - - Gourmet Retailer -

Name of store/ chain: Fine Foods Re­tail for­mat of stores: Spe­cialty im­ported gourmet food store Number of stores in op­er­a­tion:

Three stores in Aundh, Bavd­han and Karve Road, Pune, Ma­ha­rash­tra Start of Op­er­a­tion of the first store: Jan­uary 2010 Av­er­age size of stores: 600 sq.ft. To­tal re­tail area un­der op­er­a­tion:

2,000 sq.ft. Op­er­at­ing model - com­pany owned/ leased/ rented: Leased/ Rented SKU count in stores:

6,000 to 7,000 Av­er­age daily/ weekly foot­fall at stores: 500 vis­i­tors per day Av­er­age bill size/ trans­ac­tion:

Rs. 500 Av­er­age sales per sq.ft.:

Rs. 2000 per sq.ft. Sup­plier base: Lo­cal sup­pli­ers, as well as those from Mum­bai, Delhi, etc Catch­ment of Cus­tomers:

Ex­pats, NRIS, For­eign­ers, Fine Food En­thu­si­asts, Home bak­ers Sales growth y-o-y: 10%

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.