First brick-n-mortar store of ShopClues to open in Lucknow

ShopCluesto, an e-commerce player, is all set to enter the brick-and-mortar segment after having raised about $10 million from existing investors. The company will open its first offline store in Lucknow, where it will feature its private labels and products in categories across fashion, accessories and entry-level smartphones. The company received funding of about $10 million from some existing investors recently. The company expects its offline-to-online focus to bring 25 percent of its revenue by the end of the year. The new buzz in the retail sector is foray of e-commerce players opening brick-n-mortar stores, which is indeed a new business opportunity for the signage players engaging in-store projects.