Peps Industries to launch 20 exclusive Great Sleep Stores in Telangana
By Retail4Growth Team | April 02, 2021
As of date, the total number of Great Sleep Stores operated by Peps is 80, which it plans to increase to 160 stores at the end of the fiscal year.
Peps Industries, spring mattresses manufacturing company, recently announced plans to open 20 exclusive ‘Great Sleep Stores’ in Telangana in FY 21 to meet the growing demand for quality sleeping solutions in the region.
This is in addition to the existing 11 stores already present in the region and operating in a franchise holding industry, the company said in a statement here.
K Madhavan, Founder of Peps Industries, said: “Telangana is a large market for Peps products with a major contribution to Peps’ current market in the mattress category. The expansion and opening of these exclusive Great Sleep Stores across the country will help us realize our vision and strengthen the brand position as that of the DreamMaker. Peps is the only Indian company to have a licensing agreement with Restonic Corporation, one of the largest mattress companies in the world.
As of date, the total number of Great Sleep Stores operated by Peps is 80, which it plans to increase to 160 stores at the end of the fiscal year. The stores feature a complete, first-class branding experience for consumers and it features all the best products over the price points that enable the consumer to touch the mattress and accessories that touch a complete bedroom decoration.
