Axia to set up over a dozen stores

At TV Sales & Home revenue grew by 49 percent during the quarter after volumes increased 43 percent to 50 399 units. On a year-to-date basis, revenue was 35 percent ahead of the comparable period, supported by a 39 percent increase in volumes.

AXIA Corporation (Axia) plans to open more than a dozen new stores across its operating units as it continues to strengthen market presence and enhance customer access. The expansion comes as the home furniture and appliances distributor seeks to tap into rising consumer demand. Axia chief executive Ray Rambanapasi told The Financial Gazette that the…

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