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| Exchange Disseminated Time | Archies Ltd has announced that on January 16, 2008 the Company launches its 100th Company owned store with the opening of its 3rd store in South City Mall in Kolkata.
Archies has plans to open 50 more stores during the year 2008-09 and total 200 stores by the end of year 2010.
With the retail boom happening in the country, Archies is consciously targeting malls and other prime retail space for opening its own stores. Archies currently operates 100 exclusive outlets in 14 states in 24 cities and 375+ franchise outlets across India and abroad.
The Company's revenue from retail operations is expected to go up to 70% by March 2010. |
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