May 18, 2013

“We expect that online will grow and complement our physical stores, also we cannot open stores everywhere”- Asim Dalal, MD, The Bombay Store

TBS

The Bombay Store was started as the Bombay Swadeshi Co-operative Store in 1906 by Lokmanya Tilak and Mummohandas Ramji with Ratanji Jamshedji Tata as one of its founding directors. The company has evolved with time and has now embraced the online retail format and become a multichannel retailer with a clear focus on building a scalable and profitable business. The company has steadily grown its online format and expects its share in total sales to rise to over 15% in the next 3-4 years on the … [Read more...]