Welspun Retail to have 400-500 Welhome stores

Home furnishing retail chain Welspun Retail is planning to increase its number of stores under the brand Welhome to around 400-500 in the next three years. In the current fiscal, they plan to open 20-25 Welhome stores. The new Welhome stores to be opened this year would be in the southern part of the country. The company retails its products under two brands - Welhome and Space Home and Beyond. At present, it has around 200 Welhome stores in around 120 cities. The company, which has a presence in Tier I and II cities, would now also focus on Tier III cities.