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Celio: The new outlets will have a larger floor size of 200 - 300 square metres and significantly use data for curating the right merchandise assortment. Momaya said that the stores will have first-hand product displays and a self-navigating concept. ....
“We are one of the biggest players which imports toys and have a big vendor ecosystem for manufacturing. We recognize the importance of India, both as a market and a manufacturing hub.” ....
Ondc: Commenting on the expansion plans under such collaborations, he said, “Expansion depends on where all the supply can be made available. This time we have gone beyond NCR. We are in NCR, Jaipur, and Varanasi. As the supply becomes available we will expand.” ....
Talking to ETRetail, Ashish Shah, co-founder and CEO, Pepperfry said, “If I compare September, my overall burn is 50 per cent less than that of last year. My path going ahead is to turn profitable very soon.” He also highlighted that the furniture etailer has almost halved its costs and significantly improved its margins. ....