Lenovo to open 100 new exclusive stores
By Retail4Growth Team | February 11, 2021
The company, which has 400 such stores already across 180 cities, has added about 100 stores in the ongoing financial year.
Tech giant Lenovo said it plans to open about 100 Lenovo Exclusive Stores (LES) in FY2022 as part of its efforts to expand its offline retail presence in the country.
The company, which has 400 such stores already across 180 cities, has added about 100 stores in the ongoing financial year. Overall, it has nearly 10,000 offline retail touchpoints for consumers.
"With the consumer business growing at a rapid pace of 45 per cent YoY in Lenovo in FY 2021, it was imperative to continue our offline retail expansion to reach customers to cater to their Learn From Home and Work From Home needs," Rahul Agarwal, Managing Director and CEO, Lenovo India, said in a statement.
"We look forward to adding another 100 LES in our offline retail business in the coming financial year and take the premium user experience of our 400th LES to several more stores," he said.
Currently, Lenovo has four stores with new premium design in Mumbai, two in Bengaluru, and another in Lucknow. These premium stores are built on the Stay and Play model emphasising improving customer browsing experience in the store with dedicated customer service on a need basis, Agarwal explained.
