Reynolds is set to open its new 550 sq.ft store at The Celebration Mall, Amritsar. Reynolds will have both the minimum guarantee and revenue sharing models with the mall.
The Reynolds store will offer a wide variety of writing instruments including ball pens, gel pens, fountain pens, mechanical pencils, markers, handy boards and children’s colouring pens that cater to consumers of diverse age groups.
Arif Sheikh, president-retail, Advance India Projects Limited (AIPL), said, “The Celebration Mall has 62 per cent occupancy and is 91 per cent leased.”
Sheikh added a number of brands, meanwhile, were set to open their outlets at mall this month. These include Marks & Spencer, SRS Value Bazar, Wills Lifestyle, Catwalk and Allen Solly.
— IndiaRetailing Bureau
