Next (Indian retailer)

Next Retail India Ltd
IndustryRetail
Founded2003[1]
HeadquartersJogeshwari (West), Mumbai 400 102,[2]
Area served
India
ProductsConsumer Electronics
ParentVideocon
Websitewww.next.co.in

Next Retail India Ltd is a subsidiary of the Videocon Industries Ltd and engages in retailing consumer electronics in India.[3] It was founded in 2003 and currently has 600 showrooms across 25 states of India. It plans to open 400 new showrooms to increase its size to 1,000 odd retail stores by the end of the fiscal year 2010–11.[1] In 2007 it acquired Planet M, a music and entertainment retail chain for ₹2 billion (US$21 million) from Bennett, Coleman & Co.[4]

References

  1. 1 2 "Company Profile". Next.co.in. Retrieved 11 February 2011.{{cite web}}: CS1 maint: deprecated archival service (link)
  2. ↑ "Our Offices". Next.co.in. Retrieved 11 February 2011.{{cite web}}: CS1 maint: deprecated archival service (link)
  3. ↑ "Videocon takes retail roll-out to Next level – Corporate News". livemint.com. 7 May 2009. Retrieved 11 February 2011.
  4. ↑ "Videocon's NEXT Retail buys Planet M". The Financial Express. 6 November 2007. Retrieved 11 February 2011.