Heritage Foods is likely to split Heritage Fresh, its retail format network, into a separate entity after it manages to break even by next year. With this initiative, the company will be able to attract strategic partners and investments. It is in the process of merging its retail format business, expanding and revamping its network and stores.
The company has established 67 stores, mostly in Chennai, Bangalore and Hyderabad, offering vegetables, fruits, staples and other consumer items. The average store size is about 3,000 sq ft.
