From Home Centre to HomeTown\, rivals gear up as IKEA steps into Mumbai

From Home Centre to HomeTown, rivals gear up as IKEA steps into Mumbai

HomeTown and Homestop to expand their product portfolios, tapping a wider set of consumers

Viveat Susan Pinto  |  Mumbai 

Entry of the world’s largest furniture retailer, IKEA, into Mumbai, its second city after Hyderabad, may force organised players such as HomeTown (from Future Group), Homestop (from Shoppers Stop) and Home Centre (Landmark group) to revamp their offerings.

On Monday, IKEA launched its online store in the financial capital, ahead of the roll-out of its large-format physical outlet on the outskirts of the city for which it had begun hiring people earlier this year. The online store will offer almost 1,000 products below Rs 200, with deliveries arranged to most locations in Mumbai ...

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First Published: Mon, August 19 2019. 22:33 IST