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Future Group plans more eZone stores across India
May 17, 2008: The Kishore Biyani, owned Home Solutions Retail is planning to establish mega ezones, a larger format of its existing electronics speciality stores in all the major cities across the country in the current fiscal. The company will make an investment of Rs.10 crore in each of these stores, the first of, which was opened in Bangalore.
The 30,000 sq feet mega eZone store in Bangalore is the first its kind for the company, which houses over 250 leading national and international electronics brands under a single roof. Along with its private label under the brand name Koryo the company has also for the first time introduced Gen Next Zone within the mega store, dedicated for newly introduced products. This mega zone is approximately three times larger than its current format - ezone. The company operates 40 eZones across the country including some in tier II cities like Bhubaneswar, Silliguri and Lucknow. The company is providing financing option to its customers through its financial services arm Future Capital Holdings.
Source: Business Standard