ISTANBUL, April 14 (Reuters) - Migros, Turkey's biggest retailer, said on Tuesday it opened 97 stores in the first three months of the year, putting it in on track to meet its 2009 target of 400 new stores.
Migros, owned by private equity firm BC Partners, now operates 1,288 stores around Turkey, according to an e-mailed statement from General Manager Ozgur Tort.
Migros previously said it plans to invest 250 million lira ($158 million) and targets eight new store openings each week in 2009. BC Partner last year paid $1.596 billion for a 51 percent stake in Migros.
Migros shares rose 0.66 percent to 15.50 lira at 0833 GMT.
(Editing by Elaine Hardcastle)