Sunday 17 November 2019
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business-standard - 1 month ago bets on offline to set up 200 stores over 12 months

Hospitality firm OYO-owned on Wednesday said it aims to set up up to 200 stores over the next 12 months in 30 cities, including Delhi, Mumbai and Lucknow. While we already offer solutions in over 30 cities through the online route, setting up physical stores will help us reach out to customers who may not be tech-savvy, or those who are looking at a physical store experience as they undertake preparation for weddings, CEO Sandeep Lodha told PTI. The company will set up upto 200 stores over the next 12 months across 30 cities, including Delhi, Mumbai, Kolkata, Lucknow and Pune under the company-owned, company-operated model, he added. While Lodha declined to comment on investment details, he said these stores would be located at high-streets spread over 500-600 sq ft area. These stores will be a one-stop-shop for all wedding-related requirements including venue and non-venue services. We are also looking at flagship stores where consultants, who are trained ..

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