Bigshoebazaar.com, shoe and accessories shopping portal, recently opened its first store in East India at Patna, Bihar. The store, set up with an investment of one crore rupees, occupies an area of 1,250 sq.ft.
Currently, Bigshoebazaar.com operates seven exclusive outlets across India. The company plans to take franchise route to expand its footprint. Initially, it will focus on cities other than metros and will be looking to open more franchise stores across the country. It plans to expand its footprint in large metros in the second phase and has tied-up with leading national and international footwear brand to manage, support and to promote their online sales.
“Our unique retail model offers vast choices to customer on one hand and helps the industry clear its inventory fast and in real-time on the other. Thus it’s a win-win model for all stakeholders. We are confident that this model will be hugely successful and become a benchmark for the industry,” said Manmohan Agrawal, director of Bigshoebazaar.com.
— IndiaRetailing Bureau