Bhat Bhateni, the country’s biggest department store and supermarket, has added another store to its chain. The Bhat Bhateni Group formally opened its new outlet at Koteshwor on Thursday. According to the company, the store will start serving the general public from Saturday. The group presently operates two stores in Kathmandu, its flagship store at Bhat Bhateni and another at Maharajgunj.
The Koteshwor store is spread over an area of 125,000 sq ft. The five-storied building features basement parking for 125 cars and 150 motorcycles. Three floors of the store will be opened in the first phase. The store offers more than 100,000 kinds of products. Like its two other stores, the new outlet at Koteshwor features daily commodities, food items, vegetables, fruits, liquors, kitchenware, garments, electronic appliances, furniture and decorative items, among others.
“We will be bringing the finest quality products from all over the world and also provide world class service to our customers,” said Min Bahadur Gurung, managing director of Bhat Bhateni Supermarket and Department Store.
Bhat Bhateni started its journey in 1984 with an investment of Rs 35,000 at Bhat Bhateni, Kathmandu. In the beginning, the single-shutter store was spread over an area of 120 sq ft. “We used to pay Rs 700 per month as rent. Bhat Bhateni was just a cold store then,” said Gurung. In 1989, the store added one more shutter. Bhat Bhateni suffered a setback in 1990 when there was a fire at the store. In 1992, the store expanded into a two-storied building with an area of 3,000 sq ft. Subsequently, Bhat Bhateni expanded to 110,000 sq ft on 11 ropanis of land. In 2008, the group opened a new store at Maharajgunj which also has an area of 110,000 sq ft on 11 ropanis.
Bhat Bhateni is now the largest retail market in Nepal with an annual turnover of Rs 4 billion. “We are witnessing annual transactions of around Rs 2.5 billion at the department store and transactions of around Rs 1.5 billion at the supermarket,” said Gurung.
The Bhat Bhateni Group plans to open two more outlets in Kathmandu at Bouddha and Pulchok and one in Pokhara. Gurung said that the stores at Bouddha and Pulchok would start operations from July 7 and July 15 respectively while the store in Pokhara will open within this year. The group has invested Rs 1.5 billion in its expansion drive.
Gurung added that the group planned to provide employment opportunities to around 50,000 people within the next 15 years. “This seems to be very ambitious. But I am confident that the target is achievable,” he said. “Currently we are providing jobs to more than 1,000 people at our two stores.”
(Source:ekantipur)
From a humble beginning 25 years ago with a 120-sq ft store, Bhat-Bhateni Supermarket has emerged as the country's leading department store. It is the largest tax payer in the retail sector for the last five years. And, the growth of Bhat- ...
Bhatbhateni Supermarket is adding two more stores — one in Chuchhepati-Bouddha and another in Krishna Galli, Pulchowk — in its chain from tomorrow and Saturday. The one at Boudhha, sprawled over 20,000 sq-feet, will be opened for customers fr ...
Wait for four months, and you’ll get to see UWTC in a new avatar,” Sandeep Hirachan, managing director of United World Trade Centre (UWTC) said on Friday. “Visitors will get to see a new ambience and structure inside the mall.” Hirachan sa ...
Mega Mart, the operator of Big Mart department store, has stated that it will open 11 new stores in 2013. It plans to launch its expansion drive by opening a new store at Rajtirtha, Sanepa in mid-April. According to Antim Ranjit, marketing an ...
After two years of successful operation at City Centre, Kamal Pokhari, Mega Mart, has opened the Big Mart Department Store in Lazimpat, Kathmandu. The new outlet has been opened in the space previously occupied by the Bluebird Department Stor ...
Nokia today opened two stores in the valley — one at the City Center and the other at the Tamrakar House — offering a wide range of authentic Nokia devices and accessories. “Nokia stores are designed to provide consumers with a unique thre ...
Here is good news for people, who go after internationally acclaimed brands. Roots Fashion -- the dealer of Adidas brand of sports wear in Nepal -- has opened a new showroom of Adidas in Jawalakhel on Friday. The showroom offers a wide range ...
Looking to buy Dell laptops or notebooks? Dell’s first concept store at Maitighar is the place for Dell’s hardcore fans. By opening a concept store in Kathmandu, Dell is strengthening its presence in Nepal. Neoteric Nepal, authorised distr ...
Valley denizens now have a new shopping address. Kathmandu’s latest shopping mall, KL Tower, threw its doors open to the general public on Tuesday. KL Tower chairman Kishan Lal Shrestha and chairman of the Shankar Group Shankar Agrawal ina ...
Homely Furniture is all set to open a sophisticated furniture store at Bhatbhateni Super Market, Bhatbhateni, Kathmandu. The company will sell furniture manufactured by the Quan U Furniture Group of Hong Kong. The showroom is located on ...
The valley will soon have another international brand to add to its name; with many international brands, lately paving their way into the Nepali market, Kathmandu will soon be boasting of a Fabindia store. Fabindia in Nepal has started su ...
Walmart, the world's largest retailer has shown interest in starting operations in the Himalayan country of Nepal. Wal-Mart is looking to set up a joint venture, with an existing departmental store or retail chain in the country. The Bento ...
World renowned brand in denims Levi Strauss has opened an authentic branch in in Durbar Marg, Kathmandu today. “We are the exclusive Levi’s store in Nepal and are franchising from India,” said Director of Roots Fashion Sunil Dangol guarant ...
As the tried and true adage goes, where there’s a will, there’s a way and Amazon has just found its way around Apple’s iron-fisted grip on mobile music sales. In a monopoly-busting challenge to Apple’s continued dominance of on-device MP3 sal ...
Big Mart, a supermarket at Citycenter, Kamalpokhari, completed its first year of operation on Saturday. To mark its first anniversary, Big Mart has announced special offers such as buy-one-get-one-free(BOGOF) offer, a combo offer on 30 bra ...
Tablet PC Prices in Nepal
Mobile Phone Prices in Nepal
LCD LED TV Prices in Nepal
Laptops Prices in Nepal
Bikes Prices in Nepal
New Loadshedding Timetable
List of Commercial Banks in Nepal