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'My Dollarstore' to open in New Delhi

August 18, 2005 14:04 IST

New Delhi will have its first 'My Dollarstore' next month where consumers can buy over 10,000 imported items at an attractive price of Rs 99 per item.

"This is a new concept in India and I am sure it will take off in a big way due to the attractive prices of imported products sold at 'My dollarstore'," R K Dhawan, a sub-franchisee of the US-based company, said.

The first 'My Dollarstore' will open on September 27 in Karol Bagh, Dhawan, who is the chairman of the Federation of Indian Export Organisations, Northern region, and is currently leading a team of Indian exporters to China, said.

"This will be the first of the four 'My Dollarstores' to be opened in New Delhi," he said, adding that 30 per cent of the goods at the shop will be from China, 30 per cent from the United States.

The rest of the products will be from other nations. "No Indian product will be sold in 'My Dollarstore'," Dhawan said while noting that the shop will get some 30 containers from China per month.

Most of the items from China are expected to be different types of toys, he said. 'My Dollarstore' will have a web-based and state-of-the-art point of sale system which would allow the US-based company to monitor the sales at the shop on a real-time basis and supply goods that are in demand.

Dhawan said he would be one of the four sub-franchisees open the 'My Dollarstore' in New Delhi of the US-based Dollarstore Corporation, a franchiser of consumer retail stores in the US and elsewhere.

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Number of User Comments: 3

Sub: info about my dollar store

i am a resident of uttar pradesh and i would like to know about the details regarding the franchise of my dollar store.I have been ...

Posted by varun

Sub: I want to have franchisee/subfranchisee for Distt. Karnal in Haryana

Sir, I want to know where and whom shall i contact for opening up a y dollar store in my city. I want to open ...

Posted by Deepak Gupta

Sub: investment for my dollar store

i am staying in bangalore,i want to kmow how do i contact the franchisor of my dollar store and what will be the initial investment,pl ...

Posted by salim ahmed


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