Two new store locations finalised in Maharashtra; Ghoti store marks entry into Nashik district
Patel Retail has finalised two new locations for upcoming retail stores — Ghoti in Nashik district and Mangaon/Mahad in Raigad district, both in Maharashtra.
By ScoutQuest · · 1 min read
- New store locations finalised
- Ghoti in Nashik district and Mangaon/Mahad in Raigad district, both in Maharashtra
- Retail presence
- four districts in Maharashtra: Thane, Raigad, Palghar and Nashik
- Operational status
- proposed to be operationalised subject to completion of necessary formalities, fit-outs and other applicable requirements
Two more store locations finalised
The company has finalised two new locations for its upcoming retail stores, both in Maharashtra:
- Ghoti, Nashik District
- Mangaon/Mahad, Raigad District
A first for Nashik district
The proposed store at Ghoti would mark the company's entry into Nashik district. With this, its geographical retail presence in Maharashtra would extend to four districts — Thane, Raigad, Palghar and Nashik.
What the company says this means
The company describes the finalisation of these locations as a further step in its efforts to expand its retail footprint and strengthen its presence across additional markets in Maharashtra.
Still to be done before opening
The stores are proposed to be operationalised subject to completion of the necessary formalities, fit-outs and other applicable requirements. In other words, the locations are decided, but the stores are not yet open.
What to watch
The update states that the company will make further disclosures, as may be required under applicable law, upon the occurrence of further developments.
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More numbers
- New store locations finalisedtwo new locations
- Districts in Maharashtra covered after Ghoti storefour districts
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