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    ‘Canon Image Square’ reaches Mumbai


    , which entered the retail sector in November last year, has expanded its footprint with the launch of its branded store, ‘Canon Image Square’, in Mumbai. The new outlet, which has a franchise model, is Canon’s first branded store in Mumbai and second in the western region. In all, there are seven Image Squares in the country.

    Speaking at the launch, , president & CEO, Canon India, said, “It is a moment of pride for us to launch our first store in Mumbai. The store will offer solutions for customers seeking high-end photography and printing solutions where both click and print products from Canon will be available. This is a unique concept that would help Brand Canon enjoy greater visibility and get closer to customers.”
    Canon plans to open 100 such stores across major metros and non-metros in 2011 and increase the number of stores to 300 across 150 tier II and III cities by 2013. The company expects a of Rs.30 lakh per store, per month from its outlets.

    The company says the area covered by each outlet would vary from a minimum of 800 sq.ft to a maximum of 1,300 sq.ft. The existing Canon Image Squares currently enjoy an average monthly footfall of 6,000 to 10,000 per store. The outlets showcase a wide range of consumer products including cameras, camcorders, photo printers, D-SLRs and lenses, inkjet printers, entry-level laser printers, consumables and accessories. Each store has over 80 SKUs on display.

    – IndiaRetailing Bureau