Reliance Trends: 150 stores by Mar '12

Apparel and accessories specialty store of Reliance Retail , Reliance Trends , is planning to increase the number of stores across the country to 150 by March 2012.

At present, the company has 35 stores and the number would reach to 58 by the end of this fiscal year.

The company, with a Rs 14 crore turnover from 21 stores in the previous year, expected a turnover of Rs 350 crore during the fiscal by adding each store having an investment of Rs six crore to Rs eight crore, including stocks.