Walmart-controlled online retailer Flipkart is planning to open brick-and-mortar stores in India to sell food items. While foreign investors are not allowed into the retail space, Flipkart is looking to tap the ‘food retail’ business where 100 percent FDI is allowed and lets the investor open physical stores. The move comes after the company opened its fifth online grocery store, Supermart in Mumbai. Globally, around 50-60 percent of Walmart’s sales come from food. The strategy of opening offline stores falls into Walmart’s overall scheme of things. Retail sector is quire vibrant now with the opening of new high-end brick-n-mortar stores. This is indeed a new business opportunity for the signage companies whose activities involve in in-store branding and graphic projects.
