Amazon forays into furniture sales, going to set up 5 more warehouses
July 29, 2016
E-commerce major, Amazon India has forayed into furniture sales and would set up five more warehouses in the country by the end of the current fiscal year, a top official said.
The company has just launched its range of furniture products and would set up three out of the five warehouses in Tamil Nadu, said Sumit Sahay, Director, Category Management, Amazon India.
Amazon now has 22 warehouses across the country, including one in Chennai. The online retailer is logging a growth in excess of 150% after registering a whopping 250% increase in sales during 2015. “We see the momentum continuing for the rest of the year,” Sahay said.
The warehouse space with the e-commerce giant, which recently crossed the milestone of 1-lakh sellers on an overall basis, would increase to 7.5 million cubic feet from the present 6 million cu. ft. by the end of the current year, he added.
The option of buying furniture is available only in about 20 cities. Buyers would be able to place orders only if they reside within a certain distance from the seller, Sahay stated.