Retail
Trent bets ₹2,500 cr to open 100 Westside stores yearly
Mid-premium format accelerates from 10-15 openings a year as Zudio faces crowded value aisles.
Meera Iyer, Retail correspondent··4 min read
Retail
Mid-premium format accelerates from 10-15 openings a year as Zudio faces crowded value aisles.
Meera Iyer, Retail correspondent··4 min read
Trent Ltd will open as many as 100 Westside stores a year, funded by a board-approved ₹2,500 crore raise. The shift marks a sharp change from the earlier pace of 10 to 15 outlets annually. Westside currently runs roughly 300 stores across 97 cities; the plan targets deeper metro penetration plus Tier-2 and Northeast markets.
Trent has cleared ₹2,500 crore to support up to 100 new Westside stores each year. The mid-to-premium department store format will expand into underserved urban catchments and newer regions while Zudio continues calibrated growth. Q1 standalone revenue already stood at ₹5,666 crore, up 19 per cent.
On the shop floor the larger 20,000 sq ft Westside boxes demand higher basket values and private-label depth. A single till in a new Hyderabad or Gurugram store must clear fashion, beauty and home tickets that justify the rent and fit-out, unlike Zudio’s sub-₹999 high-turn model.
Trent is gearing up to open a hundred Westside stores a year after years of 10 to 15.
The move helps Trent balance margin as value fashion crowds with Reliance Yousta and Aditya Birla Style Up. It pressures pure-play department stores and smaller lifestyle chains that lack the same capital for rapid cluster builds.
Watch the first 20-30 Westside openings through the festive window and any update on the capital raise utilisation in the next quarterly filing. Store productivity in the new Tier-2 clusters will decide if 100 a year holds.
Filed under Retail·Meera Iyer
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