Dabur India has planed to expand the chain of its health-and-beauty retail outlets, H&B Stores, by opening around 350 stores in the next three years with an investment of over Rs 140 crore.
Announcing the plans to media, Peter Baker, CEO, Dabur H&B Stores Ltd, said: “Overall investment in opening of stores will be around Rs 140 crore, and we have plans to take the number of stores in the country to 350 in the next three years.”
In the current fiscal, the company is planning to open around 20 stores, followed by 50 more in the next fiscal. Each of these stores will cost around Rs 40 to Rs 100 lakh, and about half of them will be opened at shopping malls.
