Myshopbazzar.com, an e-commerce player has ventured into offline retail business to compliment its online business model. It has launched its first retail outlet in Sector 7, Dwarka by the name Myshop Connect.
Spread over 750 sq.ft, the first Myshop Connect outlet will stock men and women apparels, footwear, fashion jewellery, accessories, kitchen ware, home furnishings, electronics, cosmetics, gift items, etc.
Myshopbazzar.com is committed to our Prime Minister’s ‘Make in India’ campaign and it will be promoting small Indian entrepreneurs by showcasing their products on its portal and at the retail stores too in association with the Government of India.
On this occasion, Mr. Mohanty, CMD, Myshopbazzar.com said, “In the first phase, we are targeting to have 50 retail stores and local customer service centres pan India by the end of 2015 and 300 stores by 2016. Myshopbazzar.com is probably the first online retail company in India with such diverse range of product categories to open retail stores and we believe this fusion of online and retail shopping stores is the future. This will help us in becoming the dominant player in online shopping industry. This novel concept has also attracted many potential investors who wish to invest money with us to expand our operations. We have almost finalised a deal with an eminent overseas investor and will shortly make an announcement in this regard.”