Citymax to invest huge to set up new stores

One of the leading retailers in the US, Krispy Kreme Doughnuts Inc has announced that Citymax, its partner for southern and western Indian markets, will invest Rs 750 million to set up 80 stores over five years. The doughnut and coffee retailer will open its first store in Bangalore in 2012, then followed by others in various nook and corners of the country. Surging of the Indian retail segment in such manner would be a fresh business advantage for the signage companies dealing in in-store displays, branding and others involving in the activities.

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