HPCL plans to add 800 more retail outlets

State-owned Hindustan Petroleum Corporation Ltd (HPCL) will go for a major retail expansion this fiscal by adding another 800 retail outlets in the next few months, taking its total fuel dispensing stations to 10,100. For the expansion, the company will invest up to Rs 500 crore in the remaining months of the fiscal. The expansion is encouraged by the deregulation of petrol prices-the promise to free up the price of diesel-and the rising energy requirement of the country. Now, it’s celebration time for signage companies including printers, fabricators, sign suppliers and other could embark upon the new HPCL retail outlets to find a new business opportunity.

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Pavers England launches third store in Mumbai

After the successful launch of its exclusive stores at Mumbai international and domestic airports, UK’s footwear brand Pavers England has launched another showroom within the city limits at the Oberoi Mall. The store located at Shop No. F-32, 1st Floor, Oberoi Mall, Goregaon is spread across 1,100 sq feet of shopping space, offering the fashion conscious crowd in the western suburbs stylish footwear range for both men and women and accessories like handbags. Unveiling of Pavers England store in the city will be an added advantage for signage companies including PSPs and fabricators dealing in retail segment.

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Future Group starts Big Bazaar revamp

India’s largest retailer, Pantaloon Retail India Ltd, is gearing up to double the number of its Food Bazaar and Big Bazaar stores, the expansion contrasting with its simplification drive. The process began with the group’s fashion and apparel concept Pantaloons—a Rs1,000 crore business. The 135 Big Bazaar and 70 Food Bazaar stores account for 70 percent of the group’s retail business. The company is planning to run 500 stores of the two formats together. Big opprtunity will be poured in with the new Big Bazaar stores for in-store signage companies.

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Himalaya Optical forays in Gujarat with three stores

Kolkata-based retail major in vision care business, Himalaya Optical, has forayed into Gujarat with the simultaneous launch of three exclusive stores in Ahmedabad. In the next two years, the company intends to open more stores in other cities of Gujarat like Vadodara, Rajkot and Surat. Part of the company’s phase one plans in Gujarat, the new stores in Ahmedabad will offer an array of frames and sunglasses from around 1,000 styles of over 500 brands including the likes of Cartier, Mont Blanc, Prada, Bulgari, D&G, Tommy Hillfiger, Oliver Martini, Allan Azzaro, Hans Stepper, Hugo Boss, Tag Heur, Ray Ban, Vogue, and Phillipe Morelle, among others. Maiden entry of the vision care leader in Gujarat will offer a new business opportunity to the in-store signage players operating in the region.

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Nikon aims 1,800 retail outlets in India

Imaging technology giant Nikon announces its plan targeting 1,800 retail outlets for in-store branding in India. The company aims the outlets for in-store branding along with the plan to hire 200 as store promoters in the current financial year. And they have already set up more than fifty D-SLR and COOLPIX zone in India as the company just launched Northeast's second Nikon outlet in Shillong. The nationwide expansion of the imaging technology company’s retail outlets would also help expand business of in-store signage companies.

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