Textile and worsted fabrics major Raymond Ltd is expanding its retail network across diverse brands. The company is also developing an omni-channel to cater to the growing demand for online sales. It will renovate and upgrade more than 100 stores during this year, while it sets up over 100 stores during the current financial year. According to a source from the company, the new stores are in line with the company’s move to expand beyond tier II and III cities to tier IV and V smaller towns. The company has one of the biggest retail chains with over 715 Raymond stores spread across 385 towns in the country. Expansion of such high-end stores in the retail domain will be an added business advantage for the signage companies dealing in in-shop designs, displays and related activities.
