UniverCell to take advantage of falling rentals

23 Dec 2008
With just around 10 per cent of the sales happening from organised retail currently, there is a definite opportunity for organised trade which is still to boom. There is a great scope for organised trade to grow especially during the next two years” said Satish Babu, Founder, UniverCell, Chennai-based large-format mobile retail store.However, Babu feels that most of the retailers currently are not providing a comfortable ambience, and touch feel and buy experience. “In the coming days retailers who do not upgrade their stores will perish,” said Babu.Into the business of mobile handset sales for over 11 years, UniverCell currently has 200 touch points. Talking about the sales figures, Babu disclosed, “The sales this year when compared with last year April to November have grown by 55 per cent. Over all we will be growing by 45 to 50 per cent over last year.”