CityKart Celebrates Remarkable Growth in Lucknow, Eyes INR 100 Crores Investment & 25-30 New Stores
CityKart’s Thriving Success Journey in Lucknow: Investment of INR 100 Crores and 25-30 New Stores
The customer-centric & employee-friendly brand is leading by example through its permanent & temporary employment drives in Lucknow
It is also promoting a diversification ratio of approximately 15-20% to foster a dynamic & inclusive work environment
TIL Desk Lucknow/ CityKart, India’s leading value retailer, is thrilled to announce that it has attained remarkable growth and success in the Lucknow market, with the shopping platform eying an investment of up to INR 100 crores in the capital city of Uttar Pradesh. Moreover, Lucknow will also see the opening up of 25-30 stores out of the 200 stores in the state, with the significant investment also contributing to the employment of 700-1000 state residents.
The multi-faceted brand boasts a very impressive and diverse talent pool in Lucknow, with the current employee strength standing more than 208 individuals. It stands as a customer-centric and employee-friendly retail destination, as it takes immense pride in fostering a dynamic and inclusive work environment, promoting a diversification ratio of approximately 15-20%. Moreover, it also hires temporary staff ranging from 20-30 individuals for its Lucknow stores, in order to meet the increased demand during festive and wedding seasons. CityKart hires a temporary staff of around 20-30 individuals for its Lucknow stores.
Having raised INR 105 crores to date for the expansion plan of attaining 300 stores by 2026, CityKart is aiming to capture a significant market share and become a bustling shopping hub for residents and fashion enthusiasts. Currently, it is operating 93 stores in 72 cities across 7 states.
Ritesh Rathi, COO, Citykart said, “We are thrilled to have experienced such tremendous growth and success in the Lucknow market. The support and enthusiasm from Lucknow residents have been instrumental in our achievements. We remain committed to providing an unmatched shopping experience, and we look forward to continuing to create a festive atmosphere that brings joy and celebration to our customers in Lucknow.”
Owing to its tremendous experience, CityKart has become a go-to shopping destination for men’s, women’s, and kids’ apparel, Home Furnishing, and accessories, thereby capturing the hearts of residents and experiencing exponential growth in the region. Ever since entering Lucknow, the company has witnessed spectacular expansion, with its dedication to community engagement and its unique value proposition perfectly resonating with customers and further propelling its successful journey in the city. The brand’s lineup includes Athiya, Nimes, Fumee, and Remise, each catering to specific fashion preferences.
Currently, the brand has eight operating stores in Lucknow located in Munshipulia, Adilnagar, Alambagh, Triveni Nagar, Balaganj, Matiyari, Nakkhas & Telibagh and they are aiming to achieve the target of 20 stores in the near future. With respect to the highest volume of customers entering the stores in the capital city, CityKart expects the footfall to be during the wedding and festive season, summer season launch, winter season launch, EOSS, etc. Importantly, in Uttar Pradesh, around 55% of customers are observed to be men, followed by kids at around 20%, with the rest being women.
