PB Retail has forayed into the Cash n Carry format with the opening of its largest store in Palam. The leading infants and kids’ wear retailer in Delhi-NCR is steering ahead with its expansion plans, with this being the brand’s third store in Dwarka. Spread across 12,000 sq ft, it is a one stop-shopping solution for kids’ and infants’ apparel, footwear, fashion accessories, personal care products, bath accessories and baby gear and stationery.
Makes entry with its largest store in Palam.
At the launch, Pawan Agarwal, Chairman and Managing Director, PB Retail, said, “Aiming to give benefit to our potential customers involved in cash and carry business, we have tried to cut down the operational cost in the area, so that they can be directly benefited. Usually, the operational cost varies from Rs 12,000-15,000 per sq ft. This time, we have replaced the costly cooling mechanism of air conditioners with a traditional cooling system, which is as effective as ACs but much economical, thereby reducing the maintenance cost to Rs 800 per sq ft. This will help us to reduce the relative cost of the products for the wholesale retailers. This is our first budget store in the cash and carry format.”