The retailer, which sells a wide array of products, ranging from stationery and clothing to furniture and food, had launched two stores in Mumbai and Bangalore in the last six months.
Bengaluru: Japanese retailer Muji is opening a store in Select Citywalk in New Delhi by the last week of April this year. This will be the company’s first store in North India spread across 5000 square feet.
The retailer, which sells a wide array of products, ranging from stationery and clothing to furniture and food, had launched two stores in Mumbai and Bangalore in the last six months.
In 2015, Reliance Brands, a unit of Mukesh Ambani-led Reliance Industries, had struck a joint venture with Muji, which competes directly with Japan’s IKEA looking to open their first store in Hyderabad.
International markets contribute about 35% of the overall sales for the Japanese chain. The company plans to test waters in the Indian market by opening in key locations before getting into an expansion spree like in China.
Reliance Brands runs 100 standalone stores of about 20 international brands in the country. This includes the likes of Steve Madden, Diesel and Brooks Brothers.
Resource: http://retail.economictimes.indiatimes.com
Resource: http://grandiose.org.in/
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