With e-commerce players mushrooming in the market, we anticipate slow growth. Though they market outdated stock with heavy discounts but it does not bother price sensitive consumers. Today’s consumer looks for convenience in shopping, which is why we are planning to expand our store in the next financial year and market more brands with the idea of providing a one-stop solution in order to gain back heavy footfall.
Brands Retailed: LG and Voltas
Annual Turnover (2017-18): Rs. 36 crore
Projected Growth (2018-19): 33 percent