Lenovo has announced that the company will open 100 new Lenovo Exclusive Stores in FY22 in India. This will also come as an addition to their recent opening of their 400th LES in Bengaluru as their part of an effort to continue offline retail expansion during the pandemic.
Commenting on the launch, Mr. Rahul Agarwal, MD, and CEO, Lenovo India, said, “With the consumer business growing at a rapid pace of 45% YoY in Lenovo in FY 2021, it was imperative to continue our offline retail expansion to reach customers to cater to their Learn From Home and Work From Home needs. We are delighted to share that in FY 2021, we opened 100 LES, and with our 400th LES in Bengaluru, our offline footprint has reached 10,000 and our revenue contribution for the consumer business is around 18 – 20%. We look forward to adding another 100 LES in our offline retail business in the coming financial year and take the premium user experience of our 400th LES to several more stores.”
Currently, Lenovo has four such stores with the new premium design located in Mumbai, two in Bengaluru, and another one in Lucknow. These stores are very premium and offer some great facilities when compared to the regular ones. The stores also see a significant shift in the design with changes in layout, branding, lighting, color schemes, and much more.
Well with that said, do let us know if you have any queries about these new stores from Lenovo, by dropping a comment down below.