Toonz Retail plans to set up 200 stores in 3 years
Toonz Retail plans to set up 200 stores in the next three years, expanding its footprint in India. The brand’s expansion will be spread across the states of Karnataka, Uttar Pradesh, and North-East.
The company will expand through direct and franchise model in the country.
At present, Toonz Retail operates over 100 stores across 64 cities in 16 states, which includes Delhi, Karnataka, Andhra Pradesh, Maharashtra, Kerala, Uttar Pradesh, Haryana, and Punjab. It has a strong presence in Tier II and III cities. The brand has 107 stores of different formats across India.
The company’s store size varies from 700 sq ft to 2,400 sq ft. However, the standard size of the store is 1,200 sq ft. Toonz Retail’s store layouts are either brand-driven and occasion driven. The store keeps customer needs in mind and every store of the brand looks different from the other.