Relaxo Retail crosses 100-store-mark

    Relaxo Retail crosses 100-store-mark

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    , a division of Relaxo Footwears, has recently crossed the 100-store-mark by opening its 101st store at Haldwani (Uttarakhand). The 100th store was opened in Delhi on April 27.

    Relaxo Retail now boasts of 101 fully integrated stores, spread on a retail area of over 89,350 sq.ft in several states – Punjab, Haryana, Uttar Pradesh, Delhi/NCR, Uttarakhand and Gujarat.

    “There has seen a significant rise in footfalls and profitability across Relaxo Retail Shoppe in the last few years. We are looking forward to cross the 125-store-mark by the end of the ongoing fiscal. We will continue to look out for retail space across the country, especially in tier II and III cities,” said , retail head, Relaxo Retail.

    Relaxo Footwears started its journey from Shahzada Bagh, Delhi in 1976 and became a listed company in 1995. In 2008, it emerged as the largest footwear producer in India with a capacity of three lakh pair production per day.

    The company has a vision to achieve Rs 1,000 crore annual turnover by the end of FY 2011-12.

    — IndiaRetailing Bureau