Marks and Spencer Reliance, the joint venture between the Mukesh Ambani-promoted retail chain and the British departmental store major, will roll out its first store here early next year, a top company official said on Thursday.
We are opening our first Marks and Spencer Reliance store in Mumbai by January next year. The store, spread over an area of 18,000 sq ft, would be set up at an investment of half-a-million sterling, Marks and Spencer India CEO Mark Ashman told PTI.
The second and the third store will come up by September 2009 and April 2010 in metros, he said. The first store will have around 40 employees and offer mens, womens and childrens garments besides various household items, Ashman said.
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