E-commerce platform Flipkart is planning to open brick-and-mortar grocery stores in India. The Wal-Mart-controlled company is trying to tap the food retail industry in the country where 100 per cent FDI is allowed. This move to open grocery stores across the country comes after the company opened its 5th online grocery store in Mumbai. It may be noted that foreign investors are not allowed to open retail stores in the country. However, in the food retail business, a foreign investor is allowed to open physical stores. Globally around 50-60 percent of Walmart’s sales come from food. The strategy of Wal-Mart’s opening of offline stores is an added business advantage for the signage companies whose activities involve in in-store signage and display projects.
