At the beginning of ’90s, precisely in 1990, MAGSONS entered into the field of Supermarkets by pioneering its first store at Miramar. The Store was the brainchild of Kirit and Andrea Maganlal who discovered a niche business un-catered till then except by some unorganized players and public co-operative stores. The effective Store area was 800 sq ft and the project housed, apart from the Supermarket, a well-appointed Hotel, Restaurant, and Bar, a Bank ATM, a Pizzeria and Ice parlor and Florist services. In the absence of sufficient market exposure and the fact that life in the tiny, idyllic State of Goa was unhurried and more laissez-faire than commercial, it was nearly a decade later that MAGSONS turned around and broke even. Despite the challenges and hurdles along the way, the Group was consistently aggressive in retaining its core business values and promoting growth.
In 2007, MAGSONS entered into a strategic tie-up with petroleum giant Bharat Petroleum Corporation Ltd (BPCL) to run their consumer “In&Out” Store at the Oasis Petrol Pump in the heart of the Panaji city. In a short span of 5 years, the Store was awarded the “Vijesh 2010” Award by BPCL for the highest growth in In&Out Stores for 2009-10.
In 2010, MAGSONS extended the tie-up with BPCL to open another store in Vasco at their petrol pump at Roy’s Auto Boutique. The port city of Vasco lacked premium and upmarket food products and we filled that gap most successfully in a small area of approx. 600 sq ft.
In 2011, MAGSONS also undertook their most ambitious project of setting up a specialty store at Goa’s only upcoming Mall – the Caculo Mall at St Inez, Panaji. The Store was put over 2 floors covering approx. 6000 sqft of retail and storage area and with an investment in plant, equipment, furniture, and fixtures of approx. Rs 2 crores. This Store had the city’s first fresh F&V section, fresh Fish and seafood section, and fresh poultry and meat areas.
In 2018 – Magsons takes over the running of an earlier supermarket at ANJUNA by the name of FAMILY MART.
2018 – 1st April, MAGSONS opens its doors at Taleigao offering 3000sqft of one of the most pleasant shopping experiences covering gourmet foods, fresh F&V, and a premium liquor store.
2019 – MAGSONS extends its hold in South Goa by introducing a state-of-the-art modern store at Umiya Mercado on the Margao-Varca highway in Benaulim. Spread across 3400 sqft it is located in South Goa’s biggest mall. Featuring a modern ambiance, MAGSONS offers its customers premium offerings in local and imported foods and beverages, cheese and pastries, and a fresh line-up of poultry, fish, meats, cold cuts, and Fruits and Vegetables.
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