Cost-effective Co-operative Store Turns a Hit in Fort City

People from all sections of society find prices affordable; the outlet earns `55L per month

Published: 23rd June 2014 07:29 AM  |   Last Updated: 23rd June 2014 07:29 AM   |  A+A-

Co-operative

VELLORE: The State’s first cooperative supermarket, which was established in the Fort City four years ago, has been a huge hit among the people of Vellore. The supermarket generates a revenue of around `55 lakh per month.

The Karpagam cooperative supermarket was established at Anna Salai in year 2010. “It was the first cooperative supermarket in the State, doing wholesale business. It was an instant hit and is running successfully,” said an official in the department.

A 30-year-old software engineer N Prabhu,  working in Bangalore, said,”I always prefer this supermarket whenever I come to visit my in-laws’ house, which is located near the Corporation building. Everything we get here is reasonably priced and is also cheaper compared to other supermarkets in the city.”

However, the regular customers say the authorities should add more brands to the shelves to make it one-stop shopping. “We couldn’t get multi-brands and new products, which have hit the market. If they make efforts to stock new products available in the market,it would draw more customers. The officials should also introduce membership cards with discount” said 30 year-old-homemaker P Nithya Jayalakshmi.

“People can buy more products when the price is affordable and here the rate is lesser than the Maximum Retail Price (MRP) as we buy products directly from the manufacturers, not from the retailers. It is the key to the success. We make a business of `6 to `10 lakh in the first week of a month. The supermarket’s monthly turnover is between `53 lakh and `55 lakh,” said an official.

A Dennadayalan, 47, an autodriver, said, “For  middleclass and lower middleclass, this supermarket is beneficial, all products are cheaper than in other retail shops and supermarkets.”

Stay up to date on all the latest Tamil Nadu news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp