SHR Lifestyles, which operates the ethnic wear brand SHREE, is planning a significant expansion of its store network as part of its pan-India growth strategy. The company aims to more than double its retail footprint to around 300 stores over the next three years. As part of its retail strategy, the company has already established an international presence with stores in cities such as Dubai, Abu Dhabi, Riyadh, and Sharjah. Going forward, it plans to shift focus towards larger store formats in high-growth domestic markets. As part of this expansion, SHREE will increasingly focus on large-format stores ranging between 3,000–5,000 sq ft across metros and high-growth cities, said a source from the company. Such big retail expansion move of SHR Lifestyles is an added business opportunity for the signage companies working for in-store graphics, designs, displays, and such jobs.
