Raymond Franchise to mark 500 by Oct. 17th 2009, Diwali

The Raymond Franchise is all set to expand by increasing its total outlet stores to more than 500 by October 2009. The company will open around 70 new stores prior to Diwali this year. All these outlets will be opened through the franchise route in smaller towns across the country. The 70 franchised stores will be opened in the class IV and V towns of Punjab, Haryana, Rajasthan, Orissa, Madya Pradesh, Gujarat and also in a few towns of South India. Anirudh Deshmukh, President, Retail and FMCG Raymond said, “Raymond has always given preference to open outlets in smaller towns where the population is less than five lakh and it will carry on its tradition. We already have around 100 outlets in the smaller towns.” 

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