DEERIKA Hypermarket – the retail arm of DJT Corporation & Investments – has announced plans to launch 10 new stores in Gurugram by March 2021, aiming to expand its presence in the region. Deerika has also launched Express stores – convenient stores for daily essentials in residential localities in sector 57, sector 15 and DLF phase 3, Gurugram.
Established in January 2020, DEERIKA’s flagship Hypermarket and one-stop shop has seen its customer base reaching 1,00,000 in the past 10 months as per a company release.
The store sizes will vary from 45,000 to 50,000 sq. ft., including some of 5,000 sq. ft. DEERIKA also offers free home delivery to customers within two hours (if orders are placed before 6:00 pm) with no minimum amount for orders currently. By the end of FY2021, it plans to reduce the delivery time by 75%.
Akash Anand, Managing Director – DEERIKA said, “We have seen an encouraging response from customers since the launch of our first flagship Hypermarket in Sector 51, Gurugram, setting a solid foundation for DEERIKA…we plan to launch 10 new stores across Gurugram by the end of this fiscal. We are confident of moving ahead with the same momentum, meeting customers’ demand as we strive for double-digit growth in FY2022.”