India’s home solution retailers revive expansion plans

Now that the retail segment gets revived to a new level, India’s leading furniture and home solution retailers have come up for their expansion plans, riding on increasing demand and the real estate market which has bounced back. Lifestyle retail chain, Shoppers Stop, told analysts last month that its home solutions format ‘HomeStop’, which was struggling for two years, has started raking profit. The format is now generating profits at the same level as its flagship namesake departmental store, Shoppers Stop, with an EBITDA of eight percent. New development in the sector would bring a mouthful of opportunity to the signage companies engaging in retail signs or displays.