Bhat-Bhateni Supermarket

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Bhat-Bhateni Super Market(BBSM,Nepali:भाट-भटेनी सुपर मार्केट) is the biggestretailsupermarket chainofNepal.The first store was opened in Bhat-Bhateni,Kathmanduin 1984 byMin Bahadur Gurung.[1]It was opened with an investment of NPR 35,000 near Bhat Bhateni Temple at Naxal from where it derives its name.[1][2][3]

Bhat-Bhateni Super Market
Native name
भाट-भटेनी सुपर मार्केट
Company typeRetail
Founded11 October 1984;40 years ago(1984-10-11)
FounderMin Bahadur Gurung
HeadquartersBhatbhateniKathmandu,Nepal
Number of locations
26
Key people
Mr. Min Bahadur Gurung(Chairman),
Mr. Panu D. Poudel(COO)
RevenueNpr 32 Billion+
Number of employees
4500+
Websitewww.bbsm.np

The chain has store in 24 locations; thirteen inside theKathmandu Valleyand eleven elsewhere. It employs more than 4,500 full-time employees, with daily sales exceedingNRs5.5 Crore (US$550,000.00). Bhat-Bhateni is also the largest taxpayer in the retail sector in Nepal.[1]

Stores

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The chain has stores in the following locations.[4]

It also owns a warehouse inBaluwatar, Kathmandu.

Controversies

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The store has been accused of tax evasions and blackmarkeeting multiple times.

  • The administration sentenced for imprisonment on Bhat-Bhateni Super Market for selling products at a higher rate in 2020 in Chitwan[5]and Kathmandu.[6][7]
  • A tax evasion case was filed against the supermarket by Inland Revenue Department (IRD) for avoiding value-added tax (VAT) worth NPR 90 million by making fake bills.[8]

See also

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References

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  1. ^abcSubedi, Bikas."The start of a chain".Retrieved12 August2020.
  2. ^Thapa, Ujwal (28 February 2009)."Interaction with Min Bahadur Gurung from Bhatbhateni Supermarkets, Kathmandu".Entrepreneurs for Nepal (E4N).Retrieved12 August2020.
  3. ^"Lessons of Bhatbhateni- Nepali Times".Retrieved12 August2020.
  4. ^"Bhatbhateni Super Stores".BBSM.Bhat-Bhateni Super Market.
  5. ^"Nepalmonitor".Retrieved12 August2020.
  6. ^"Bhatbhateni Supermarket fined for overcharging customers".Nepal24Hours – Integration Through Media....!.28 April 2020.Retrieved12 August2020.
  7. ^RSS."Bhatbhateni Supermarket fined for surcharging customers".My Republica.Retrieved12 August2020.
  8. ^Setopati, Setopati."SC seeks documents on case of tax evasion by Bhatbhateni".Setopati.Retrieved12 August2020.