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Baby
care products retail chain Toonz Retail plans to open 100 stores in the
next one year. The retailer recently opened four outlets in Hyderabad.
Toonz now has 40 stores across 7 states.
Sharad Venkta, MD, Toonz, said: “The idea is to provide several options to our customers under one roof. We have covered all the requirements of a kid or a parent through this one stop. Be it apparels, toys, books, cosmetics, toiletries or party accessories, one can have all the options in our store."
Sharad Venkta, MD, Toonz, said: “The idea is to provide several options to our customers under one roof. We have covered all the requirements of a kid or a parent through this one stop. Be it apparels, toys, books, cosmetics, toiletries or party accessories, one can have all the options in our store."
Toonz opened its first store in 2010 at Bangalore. The company invests Rs 50 lakh to 75 lakh in each store.
Wowmom and Superyoung are the two brands that Toonz has been promoting since it was founded. Wowmom offers products for infants and toddlers while Superyoung sells products for children between 2 and 12 years.
Currently, Toonz has 4 stores in Delhi, 2 in UP, 3 in Haryana, 2 in Punjab, 11 in Andhra Pradesh, 6 in Karnataka, 9 in Kerala and 2 in Tamil Nadu. The company intends to open 10 stores in Hyderabad and 10 in rest of the Andhra Pradesh in near future.
SOURCE:http://www.indiaretailing.com/news.aspx?topic=1&Id=6941