Instilled by the good response to its recent initial public offering, jewellery retailer Tribhovandas Bhimji Zaveri recently announced it would invest about Rs 1,200 crore in the next three years for opening 43 showrooms across the country. The company further announces that the showrooms would be both in the large as well as small-format high street stores. At present, TBZ has 18 showrooms across 11 cities, including metros as well as Tier-1 and Tier-2 cities. Mushrooming of such high-end stores in the retail sector will bring in fresh business opportunity for the signage companies dealing in in-shop displays and graphics.
