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An official release informs that Giant is India’s first hypermarket,
which is backed by the RPG group. Hypermarkets are a combination
of supermarkets and discount stores offering customers a large array
of low priced food and non-food items under one roof. It provides
a comfortable shopping environment with pack sizes tailored to individuals
and bulk buyers.
The first Giant outlet opened in Hyderabad a couple of years ago.
Over 15,000 customers walk in every day. After the consumer acceptance
and endorsement of the store, the chain is now ready for a national
roll out with the second outlet ready to open in the western suburbs
of Mumbai shortly.
Giant CEO Kruben Moodliar added that retailing is one of the single
largest industries the world over and their business partners are
therefore associated with tremendous growth and success. He said
that Giant would look forward to some outstanding advertising support
from Grey that would be pioneering in the Indian context.
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