Ratnadeep launches its 130th store at Langar Houz, Hyderabad
Hyderabad: Ratnadeep Retail Pvt. Ltd. South India’s most awarded fastest growing retail chain brand now launches its 130th store at Langar Houz,Hyderabad, Telangana. The retail company, which began its illustrious journey in 1987, has since grown to become the state’s most reliable retail chain. The company provides a seamless and easy shopping experience with its strategically positioned and uniquely built stores. The store was inaugurated by Honourable Home Minister of Telangana State Shri. Mohammed Mahmood Ali along with Mr. Sandeep Agarwal Managing Director, Mr. Manish Bhartiya – Director, Mr. Mitesh Bhartiya- Director and Mr. Yash Agarwal – Director of Ratnadeep Retail Pvt. Ltd in the presence of other staff.
Ratnadeep now operates in 130 locations in the states of Telangana, Karnataka and Andhra Pradesh with a total retail footprint of over 4,50,000 square feet. While serving over 12 lakh clients per month, the organisation provides the best shopping experience. Apart from the food and retail segments, it also has a strong sourcing network that distributes over 18,000 SKUs to all of its locations across many states. Ratnadeep Retail continues on its fast pace with the opening of its 130th shop, delivering quality, variety, and freshness to the people, as well as outstanding service.
Speaking on the occasion Mr. Sandeep Agarwal, Managing Director, Ratnadeep Retail Pvt Ltd said“We are delighted at the launch of the 130th store at Langer Houz. We have added 30 stores in the last 10 months, and are the South India’s fastest growing supermarket chain. Ratnadeep Supermarket, Ratnadeep Express, and Ratnadeep Select are all part of the chain’s objective to reach out to a broader audience by focusing on the fundamental values of Quality, Variety, and Freshness across formats. I thank our customers for such unprecedented patronage & congratulate all employees on reaching a critical milestone. Ratnadeep is all set to register itself as a prominent retail chain brands in the country. In the coming years, we intend to expand our national footprint by opening multiple format stores across locations.”
Commenting on the occasion, Mr. Manish Bhartiya, Director, Ratnadeep Retail Pvt. Ltd., said, “We are overjoyed at the 130th-store threshold this year. By end of FY 2022, we expect to have 150 locations open, providing our consumers with an exceptional shopping experience. We also have a unique special membership program again, that entitles our loyal customersto several exclusive benefits, special offers and schemes.We will be adding new locations in new towns and communities, positioning ourselves as a convenient and quick shopping destination for our discerning clientele.“
The company has a workforce of 4000 individuals and plans to hire this year as well. The organisation has a diverse and inclusive workforce philosophy, with 70% of its employees being women. In the following years, they intend to hire more people.
To leverage into its enormous and devoted customer base, Ratnadeep has created its own in-house brand products. Ratnadeep for Staples, Basmati rice, Herbs, Ginger Garlic Paste, Curd, Eggs, Bread Category, Bake Right for Baking Category, Taste Right for Ready-to-cook/eat, Italian Range, Makhana category, 87 Gourmet for Gourmet/World food category, Nectar for Sweet category are the five major categories they plan to focus on under Ratnadeep Private Label.