Mahindra Retail, which has entered the retail space through its Mom & Me stores, expects to have 150 stores by the end of the current fiscal. The company intends to remain focused on specialty retail that deals with the needs of mothers, infants and children. The company’s investment in retail stores had already crossed the Rs 100-crore mark recently. He expected the number of stores to reach 150 by March 2013. He added that out of the 150 stores expected to be running by March 2013, 10-15 of them would be franchise stores. Such boost in the company’s retail store activities would bring in fresh business opportunities for the signage companies dealing in in-store signage.
