Hi Scott,
Thanks for your response. I am still not clear on rolling out the automatic pages.
I have added a new product by following the below steps :-
Navigated to Commerce-->Products-->/var/commerce/products/we-retail/eq/biking and created a new product with tag as "we:retail/biking". Ideally a new Product Page should be created inside site hirearchy but it is not getting created.
Can you please confirm if anything further needs to be done?
Thanks
Rohit