Marks & Spencer is looking to open 50 large-format stores in 24 cities in India in 3 years. A majority of these stores are going to be 20,000 sq ft in size, and stock apparel, footwear, lingerie, handbags, accessories and beauty products. Compared to the company’s 160,000 sq ft store size in the UK, the 20,000 sq ft format will be very viable for India. The company is also focusing on opening more of large format stores. Marks & Spencer currently operates 18 stores in India, most of which are small. Max large-format stores will bring a big business opportunity to the signage industry, benefiting PSPs, fabricators, signage suppliers, etc.
