Bharti

Bharti Walmart Enters J&K State Opens First Wholesale Cash and Carry Store in Jammu

• ● First cash and carry store in Jammu, Ninth in North India, Thirteenth in India
• ● One-stop shop offering benefits in price, choice, quality, hygiene and selections
• ● Kirana stores, hotels, restaurants, offices, institutions and businesses in and around Jammu to benefit
• ● Over 22,000 members registered, including from nearby towns and villages
• ● Over 170 direct and over twice as many indirect jobs created

Jammu, 9th November, 2011: Bharti Walmart, the joint venture between Bharti Enterprises and Walmart Stores Inc for wholesale, business-to-business, cash-and-carry operations in India, today opened its first Best Price Modern Wholesale cash and-carry store in Jammu. Shri Omar Abdullah, Hon'ble Chief Minister, Jammu & Kashmir, Mr. Rajan Bharti Mittal, Chairman, Bharti Walmart and Mr. Raj Jain, MD and CEO, Bharti Walmart, inaugurated the store.

Spread over 53,000 square feet, the Best Price Modern Wholesale store in Jammu is situated at Khasra No. 425-426 & 428, Top Sher Khanian, Near BSF Camp, Akhnoor Road and offers best fixed and fair prices with unmatched convenience, choice, quality, hygiene, and selections. The store is a one-stop business-to-business store that meets the day-to-day needs of restaurant owners, hoteliers, caterers, fruit and vegetable resellers, kirana stores, offices and institutions. Best Price Modern Wholesale store will stock over 6000 items, including a wide range of fresh, frozen & chilled foods, fruits and vegetables, dry groceries, personal and home care items, hotel and restaurant supplies, apparels, office supplies and other general merchandise items. Several products available have been locally sourced from Jammu and Kashmir. These include apples, milk and milk products, rice, baked products, oil, atta and tea and coffee.

Mr. Rajan Bharti Mittal, Chairman, Bharti Walmart said, “We are delighted to open our first Best Price store in Jammu and further expand and strengthen our presence in northern India. The opening of this store will add value to the economy of the State and will also source products locally besides creating direct and indirect employment opportunities for over 600 people. Our key focus will be to add value and provide momentum to the local industry and offer our valued members great quality at affordable prices.”

Mr. Raj Jain, Managing Director and CEO, Bharti Walmart Pvt. Ltd. said, “With the opening of our store in Jammu, the ninth in northern India, we are happy to start our operations in Jammu, the primary economic centre of this state. Our Business-to-Business Best Price Modern Wholesale cash-and-carry store here will provide our members that include kirana stores, small & medium businesses, hotels, restaurants and institutions, the benefit of low prices, convenience, wide variety, good quality and hygienic products. We are confident that our wholesale prices, assortment, and services will contribute to help people save money so they live better.”

All products are available at competitive wholesale prices. The assortment, service and store layout of the store is customized to the specific needs of members who can source high quality products in the quantities they need in accordance with their requirements. This will allow retailers and business owners to efficiently manage their inventory and lower their operational costs. People of nearby towns and villages will immensely benefit from this store.

The Best Price Modern Wholesale store will also run the successful ‘Mera Kirana’ program to share best practices with members who are small and medium retailers on various aspects that use low-cost modern techniques and processes such as assortment planning, layout and fixtures, displays, backroom, licenses, safe food handling, customer retention and value added services.