Reliance Retail in association with Hamleys, a UK based toy retailer, is
likely to open 20 Hamleys stores across India at an investment of Rs 150 crore.
Their first store was launched on 8 April 2010 in Mumbai.
While plans are afoot to launch the second Hamleys store in Chennai by
September 2010, the remaining are to be opened by 2017. The size of the Rs
6-crore Mumbai store is around 21,000 sq ft, while the one being opened in
Chennai will be close to 10,000 sq ft.
Under the tie-up which is valid for 20 years, Hamleys will help in store
designing, training of staff and supplying products, while all fixed investments
will be done by Reliance Retail.