Tribhovandas Bhimji Zaveri Ltd.

BSE: 534369 | NSE: TBZ
Small Cap | Diamond & Jewellery
267.40
3.30 (1.25%)
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TBZ plans to increase its retail space to around 150,000 sq ft in next three years: Report

Date: 27-10-2015

Tribhovandas Bhimji Zaveri (TBZ), the country’s leading jewellery retailer, is reportedly planning to increase its retail space from current 95200 sq ft to around 150,000 sq ft in the next two to three years. The expansion would involve both company-owned and franchisee stores. The company is looking to scale up its domestic operations in eastern and north-western India before expanding to other parts of the country.

Recently, the company had opened its 29th store in one of the most premium locations in Mumbai situated at Turner Road, Bandra. The store has a retail selling space of 2,200 square feet.

Tribhovandas Bhimji Zaveri, a well known jewellery retailer in India, is primarily engaged in selling gold and diamond-studded jewellery.