Landmark Group's $1 Billion Expansion: A Retail Revolution Across Regions
Landmark Group announces a $1 billion investment to expand its retail presence across the Gulf, India, and South-East Asia. The expansion will include 400 new stores, ecommerce, and technology upgrades, aiming for a 20% footprint growth by 2028. The initiative will also introduce new brands in Saudi Arabia and India.
- Country:
- India
Landmark Group, a major player in retail and hospitality, is investing $1 billion to broaden its reach in the Gulf, India, and South-East Asia. Plans include opening 400 new stores over three years and bolstering ecommerce, supply chain, and technology sectors.
The expansion aims for a 20% retail footprint increase by 2028, with new brand introductions, such as VIVA in Saudi Arabia by 2025, and Babyshop across Indian cities in the coming months.
Celebrating its 50th anniversary, Landmark attributes growth to its strategic adaptability and leadership. The Group aims to offer a seamless omnichannel experience, driven by a robust logistics framework and a dedicated 23,000-strong workforce in India alone.
(With inputs from agencies.)
ALSO READ
Government's Strategic Stake Sale: Boosting Disinvestment Coffers
Singapore Airlines Boosts Stake with Major Investment Post Vistara-Air India Merger
Aditya Birla Group Eyes Further US Investments Amid Positive Trump Stance
Limpopo Secures R120 Billion in Investment Pledges to Fuel Job Creation and Sustainable Development
Youthful Shift: The Rise in Direct Stock Investment Among Young Indians