HomeStop, Shopper Stop’s home furnishing retail concept, is planning to concentrate on the tier II & III cities for its furnishing and interiors category.
It has been reported that the market is growing at a reasonable pace of around 15-20 % of the total budget of any residential property.
To capture the growth potential in the organized sector which is only five percent, the company is eyeing these cities.
The company has already started with its part of strategy. It has recently opened a 15,000 sq ft store in Lucknow.
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