Bhat-Bhateni Supermarket

Bhat-Bhateni Super Market
Native name
भाट-भटेनी सुपर मार्केट
Company typeRetail
Founded11 October 1984; 40 years ago (1984-10-11)
FounderMin Bahadur Gurung
HeadquartersBhatbhateni Kathmandu, 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.com.np

Bhat-Bhateni Super Market (BBSM, Nepali: भाट-भटेनी सुपर मार्केट) is the biggest retail supermarket chain of Nepal. The first store was opened in Bhat-Bhateni, Kathmandu in 1984 by Min 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]

The chain has store in 24 locations; thirteen inside the Kathmandu Valley and eleven elsewhere. It employs more than 4,500 full-time employees, with daily sales exceeding NRs 5.5 Crore (US$550,000.00). Bhat-Bhateni is also the largest taxpayer in the retail sector in Nepal.[1]

Stores

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

It also owns a warehouse in Baluwatar, Kathmandu.

Controversies

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

References

  1. ^ a b c Subedi, Bikas. "The start of a chain". Retrieved 12 August 2020.
  2. ^ Thapa, Ujwal (28 February 2009). "Interaction with Min Bahadur Gurung from Bhatbhateni Supermarkets, Kathmandu". Entrepreneurs for Nepal (E4N). Retrieved 12 August 2020.
  3. ^ "Lessons of Bhatbhateni- Nepali Times". Retrieved 12 August 2020.
  4. ^ "Bhatbhateni Super Stores". BBSM. Bhat-Bhateni Super Market.
  5. ^ "Nepalmonitor". Retrieved 12 August 2020.
  6. ^ "Bhatbhateni Supermarket fined for overcharging customers". Nepal24Hours.com – Integration Through Media ....!. 28 April 2020. Retrieved 12 August 2020.
  7. ^ RSS. "Bhatbhateni Supermarket fined for surcharging customers". My Republica. Retrieved 12 August 2020.
  8. ^ Setopati, Setopati. "SC seeks documents on case of tax evasion by Bhatbhateni". Setopati. Retrieved 12 August 2020.


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