Foraying into the realm of transforming into small retail shops across India, online non-grocery retail aggregator CoutLoot has made its foray into the physical store arena with the opening of its first offline store in Mumbai. The retail tech player has ambitious plans to establish 50 such additional stores, each ranging from 200 to 1000 sq ft in area, by the year-end targeting regions such as Uttar Pradesh, Maharashtra, Gujarat, and Delhi. These stores will serve as a platform to revamp and standardize existing small retail shops that already form part of CoutLoot’s network, selling unbranded merchandise. This CoutLoot’s foray into the realm of physical retail store is indeed a big business opportunity for the signage companies whose activities involve in in-store branding, designs and related tasks.
