Toys"R"Us Opens Fifth store in India at Mall of Dehradun
Located at Mall of Dehradun, the new outlet is spread across 6,000 sq. ft. retail space. The store offers a collection of international brands such as Lego, Hasbro, Mattel, alongside Indian brands like Playshifu, Funskool and Winmagic.
"We are excited to introduce Toys"R"Us to Dehradun with the opening of our new store at Mall of Dehradun," said Nitin Chhabra, chief executive officer of Ace Turtle. "With the rapidly growing customer base, we see immense potential in organized toy retail here. Our expansion of Toys"R"Us® will also support the Government of India's 'Make in India' initiative by boosting toy manufacturing within the country."
Toys"R"Us made its foray into the Indian market in 2017 through Tablez India, a division of Abu Dhabibased Lulu Group International, for an exclusive master franchise agreement. It launched the global toy brand in India in October 2017 with plans to open 200-plus stores, but only managed to open 14 stores which wound up within three years of operations.
In June 2021, Bengaluru-based Ace Turtle entered. into a joint venture with the Flipkart Group's Wholesale Entity in India to acquire the license of Toys"R"Us and Babies"R"Us in India through a strategic arrangement with WHP Global. Now it operates five stores in India across Dehradun (1), Hyderabad (1), Mumbai (1), and Bengaluru (2).
Founded in 2013, Ace Turtle is also the exclusive licensee of global retail brands such as Lee, Wrangler and Dockers for India and other South Asian markets.
Kisna Diamond & Gold Jewellery Opens Showroom at Vegas Mall
هذه القصة مأخوذة من طبعة October 2024 من Images Retail.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة October 2024 من Images Retail.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Building the Midmanagement is Critical in a Scaling Organisation
Nirav Jagad, Chief People Officer of Sugar Cosmetics speaks about ensuring the right! opportunities for the right talent in a complex omnichannel organisation that is on a fast track to growth
Uppercase Upping the Ante
Travel gear brand Uppercase is upgrading the standard of luggage in India through innovative approach and prodcuts and sustainable practices
The Strategy is to Go City by City and Saturate Each
Gerard McGurk, Head of Retail and Commercial Operations at Index Living Mall and Mahesh M, CEO, Creaticity speak about Thailand's numero uno furniture brand's strengths, its India entry and strategy
Design and Experience Differentiate Indriya from Competitors
Sandeep Kohli, CEO of Aditya Birla Jewellery’s Indriya about the brand’s strengths, strategies and aspirations
At Good Glamm, AI Chatbots Have Slashed Workload by 70-80%
Deep Ganatra, Chief Product & Technology Officer (CPTO), The Good Glamm Group sheds light on the role of technology in the beauty and wellness industry and its impact on personalisation
How Blinkit, Swiggy Instamart, Zepto and Others are Redefining Shopping
A quick snapshot of India’s quick commerce landscape highlighting key players, challenges and opportunities
Electronics and Q-commerce: A Marriage of Convenience
Why more and more electronics and gadget brands are taking to q-commerce
5 ways D2C Brands Can Leverage the Power of Technology
The direct-to-consumer (D2C) market in India is at an exciting juncture, with brands redefining how they operate, innovate, and engage with consumers. But what does the future look like for these brands as they adopt technology?
The Business of Offering Immersive Experiences
Shopping centers are using immersive experiences to attract more shoppers and boost business
5 ways D2C Brands Can Maintain the Growth Momentum
D2C brands should embrace a customer-first mindset, leverage technology, and know when to expand offline to keep the growth momentum going