Toonz Retail plans for 200 stores in five years

Toonz Retail India, a one stop shop for kids, is now targeting to set up 200 stores in the country in the next five years, of which at least 10 would be in Kerala, especially in smaller towns. The company’s major presence is in South India with about 35 stores out of 50 spread in Kerala, Karnataka, Andhra Pradesh and Tamil Nadu, according to Managing Director and CEO Sharad Venkta. It also has stores in Delhi, Maharashtra, Uttar Pradesh, Punjab and Haryana. Investment in every store ranges from Rs 20 lakh to Rs 40 lakh depending on the store size and market. Such big boost in the company’s expansion plan will benefit signage players whose activities involve in in-shop displays, designs and related activities.