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Launches Cadbury Chocobakes Chocochip Cookies marking third launch in the segment”…
The world’s biggest furniture retailer said operating profit in the 12 months through August was 2.04 billion euros ($2.12 billion), on sales growth of 6%. It had in March predicted price increases would average 12% in the year…
16 Aug 2022,retail.economictimes.indiatimes.com
In the April-June quarter, listed FMCG companies including – HUL, ITC, Godrej Consumer Product, Nestle, Dabur and Britannia delivered mixed results, reporting impact on their margins and mostly, a drop in volume in some categories…
10 Aug 2022,retail.economictimes.indiatimes.com
With 80 kitchens spread throughout 16 states and over 35 cities, Bigspoon caters to over 1,50,000 diners every month…
5 Aug 2022,retail.economictimes.indiatimes.com
Founded by Spanish-born Cristóbal Balenciaga in 1917 and established in Paris in 1937, the original house of Balenciaga defined modern couture with its many innovations to form and technique. Since his appointment as artistic director in 2015, Demna continues to uphold the vision of Balenciaga through boundary pushing collections, which have expanded to include women’s and men’s ready-to-wear, accessories, and objets d’art…
4 Aug 2022,retail.economictimes.indiatimes.com
“Post Covid, brands have realised customers are coming for the full experience and expecting engagement from the brand. At our retail spaces, many athleisure brands have almost doubled presence as sales have gone up,” said Pushpa Bector…
The diversified conglomerate intends to strengthen its position as a global source of manufacturing with the world looking at a “China plus” policy and is planning to increase its exports by 30 per cent year-on-year for the next two years, he said…
Emami Agrotech soft-launched its spice range three years back in West Bengal. Commenting on how the business has performed till now, Krishna Mohan Nyayapati, Director of the company said “Except for the time we were impacted by COVID, the brand has been taken up very well. We have ticked all the boxes of the brand being well accepted by the consumer and got the right advertising and distribution mix. We have now ventured into other parts of the country.”…
Pawan Sarda, who was Future Group’s chief marketing officer (CMO) quit the company to join D2C-born brand Wingreens as CMO and head of direct-to-consumer…
19 jul 2022,retail.economictimes.indiatimes.com
The store will be spread across an area of 5,000 square feet and will host three brand categories – Victoria’s Secret which is the flagship lingerie range of the retailer, Victoria’s Secret Beauty which sells perfumes and body care products and Victoria’s Secret Pink which sells intimate wear along with athleisure wear…
18 jul 2022,realty.economictimes.indiatimes.com
In a statement, Noida-based Supertech Ltd said that the company has put its assets — shopping malls and hotels — in Meerut and Haridwar on sale with the “target of raising funds to the tune of Rs 1,000 crore.”…
NEW DELHI : North India reported higher fast-moving consumer goods sales in the April-June quarter, helping it to gain market share by 2.5%, while the markets in the south and east reported a decline, showed data sourced from retail intelligence platform Bizom…
11 jul 2022,retail.economictimes.indiatimes.com
Swiggy, Blinkit and other app-based hyperlocal delivery apps have taken care of one of our biggest headaches, going out to buy groceries. These apps deliver everything or anything you want to your doorstep within a couple of minutes. However, there is a product you can’t find on the Android version of Swiggy, Dunzo or any other hyperlocal delivery apps. And that product is tobacco…
8 jul 2022,retail.economictimes.indiatimes.com
The Prebiotic Cocoa Powder contains fat reduced cocoa powder (99.98%) derived from ethically grown cocoa sourced from Ghana and naturally derived Fructo-oligosaccharides (3%). While Prebiotics improve gut health, aid in digestion and improve absorption of minerals and vitamins, cocoa which is rich in antioxidants called flavonoids, promotes heart health and fights inflammation…
The company that helps brands acquire, engage and retain customers, said customers have been traditionally receiving points for the money they spend which can be redeemed against any tangible benefit like shopping vouchers, hotel vouchers, and travel vouchers among others…
Reliance Brands on Thursday announced its entry into the food and beverage space through a long-term master franchise partnership with UK-based fresh food and organic coffee chain Pret A Manger…
1 jul 2022,indianretailer.com
BIRKENSTOCK has a consistent plan of expanding the brand’s retail presence across India and Orion Mall opening will be the 2nd store to be owned andoperated by the brand in India…
22 june 2022,animationxpress.com
Comic books have been around in India since the time of Indian independence. The comic book industry is a significant niche industry all over the world but is more popular outside India, especially in the U.S., Japan, Canada, the U.K., and others. Although India also has a plethora of comic books, the youth is more interested in international comic books based on superheroes belonging to the universe of Marvel and DC and manga…
In a Q&A, Susanne Pulverer says the Swedish firm aims at 5 mn footfalls at its new mega store in Bengaluru this year…
14 june 2022,retail.economictimes.indiatimes.com
The industry has been demanding organised labour colonies within or close to the mills that would cater to migrant workers from rural Bengal or neighbouring states. IJMA is keen to implement the ARHC scheme of the Centre to build labour colonies…
11 june 2022,retail.economictimes.indiatimes.com
Last year too, the company had announced hiring 250 individuals from the LGBTQ+ community. It hired 234 individuals, of which 198 were retained and are working with the company, it said…
9 june 2022,retail.economictimes.indiatimes.com
“They (Tata Neu) are aiming for around $200 million gross sales per month even as the first month they couldn’t hit the target. But it is expected to accelerate from here on,” a person aware of the matter said…
9 june 2022,retail.economictimes.indiatimes.com
TV sales via online channels grew 30% on year to contribute 31% of sales, with Flipkart dominating the online market. Flipkart dominated the online sales, according to the report. However, the market continues to be driven by offline channels that contributed 69% of sales…
NORQAIN’s watches can be purchased in Ethos stores nationwide…
1 june 2022,retail.economictimes.indiatimes.com
In this association, Flipkart owned Myntra will assist the fashion brand bebe in wholesale distribution through a network of third-party franchise partners and distributors, read the press release. Bebe aims to set up five brand outlets and ten shops in shops over the year across 3 cities, it shared…
28 May 2022,realty.economictimes.indiatimes.com
In an order issued on Monday, the excise department of the Delhi government extended the Excise Policy 2021-22 for two months till July 31. The Excise Policy 2022-23 was approved by the Delhi Cabinet on May 5. It is yet to be approved by the lieutenant governor (L-G). For the extension, the licence-holders will have to pay a pro-rate licence fee for two months by May 31…
28 May 2022,news18.com
The India Business Excellence Fund III, which is managed or advised by Motilal Oswal Private Equity, has committed Rs 85 crore to the Bengaluru-based omni-channel retailer, while the remaining sum came from existing investor India SME Investments Fund I…
26 May 2022,retail.economictimes.indiatimes.com
The index, which measures the level of optimism of small and medium businesses on key business parameters such as sales, employment, prices, inventory and investment, stood at 87 in Q2 2022. An index value above 50 signals an improvement or increase in the forthcoming quarter compared to the same quarter in the previous year. All indicators suggest a likely expansion in economic growth during Q2 2022…
25 May 2022,timesofindia.indiatimes.com
NEW DELHI: Gobillion, a Y Combinator-backed startup, is a pioneering B2C social e-commerce platform for the next 400 million customers spread across tier 2 cities in India…
Metro AG decided to exit India after 19 years. Is Indian market a hard nut to crack for international retail giants? Or India’s business model is tilted in favour of local firms? Let us understand…
Guest Column: Amit Tiwari, TCS Global Head-Marketing Demand Center, explores if the marketers and consumers are ready for the new digital universe…
The outlook for 2022 remains strong as wearables will try to attract users in Tier 2 and Tier 3 cities…
14 May 2022,business-standard.com
Given the tone of urgency in RBI’s statement to support the altered inflation-growth dynamics, “we now revise our call and expect the RBI to hike repo rate by an additional 60 bps in the rest of FY23″…
9 May 2022,retail.economictimes.indiatimes.com
Paper Industry holds immense potential for growth in India as the per capita consumption is one of the lowest in the world. Around 15% of the world population stays in India but consumes only 5% of the total paper produced in the world…
Tata Consumer Products posted a strong operational performance in the March (Q4FY22) quarter. Unlike major consumer companies which are grappling with higher commodity costs and have reported a dip in their profitability, Tata Consumer expanded its margins in the quarter…
The campaign is an integral part of the brand’s larger narrative of strengthening Hush Puppies positioning as a premium and contemporary brand, catering to the footwear needs of working professionals across genders…
The stores are planned as mega retail stores with an average size of 3000 Sq.ft and will be strategically located in areas with a high density of furniture retailers to drive organic footfalls…
NEW DELHI : As consumers emerge from two pandemic-stricken years, they are likely to rethink their attitudes around healthy eating and seek greater trust in packaged food and beverage makers…
4 May 2022,timesofindia.indiatimes.com
Kolkata: City-based electronics retail chain Great Eastern Retail is acquiring half of the stores belonging to Sargam Electronics, one of the domain’s leading names in north India. This move would place Great Eastern in the top-five bracket of electronics retailers in the country and will provide a toehold in the National Capital Region (NCR). Post-deal, Great Eastern’s pan-India store count will become 85…
4 May 2022,retail.economictimes.indiatimes.com
However, the availability of certain products could be an issue in the next couple of months as manufacturers may not be in a position to supply their entire range of models to meet market demand, especially the energy-efficient 5-star range, due to high demand and supply constraints of components such as controllers and compressors, said Eric Braganza, president of CEAMA…
4 May 2022,retail.economictimes.indiatimes.com
Countries that share land borders with India are China, Bangladesh, Pakistan, Bhutan, Nepal, Myanmar and Afghanistan. As per that decision, FDI proposals from these countries need government approval for investments in India in any sector…
4 May 2022,livemint.com
Diamond jewellery brand Orra, backed by businessman Russell Mehta’s company Rosy Blue, is planning to add nearly 70 stores by 2025, a top executive said…
The Gurgaon-based startup held a board meeting on Saturday to discuss whether it should go ahead with the IPO this month. The board cleared the plan and the offer is likely to launch after the LIC IPO subscription window closes on May 9, said sources aware of the matter…
The competition between Walmart and Amazon represents a global battle between brick-and-mortar businesses, such as traditional hypermarkets, with e-commerce…
30 April 2022,indianretailer.com
The Souled Store, one of India’s most-loved casual wear brands – started by four pop culture enthusiasts, Vedang Patel, Harsh Lal, Aditya Sharma, and Rohin Samtaney, in 2013 – has opened doors to its seventh store in India at Infiniti Mall, Malad in Mumbai, thereby increasing their retail footprint even further in the country!…
Mumbai’s biggest fashion extravaganza, the Bombay Times Fashion Week 2022 kickstarted on Thursday with a lovely display of redefined colours…
29 April 2022,retail.economictimes.indiatimes.com
The exact nature of the purported violations prompting Thursday’s raids was not immediately clear. The two sellers were Cloudtail and Appario, the sources said on condition of anonymity, as the details were not public…
29 April 2022,retail.economictimes.indiatimes.com
Despite India being the largest whiskey drinking nation globally, the share of scotch within the country is just 2% due to the 150% import duty on imported liquor…
The Ricolino deal, the latest in Mondelez’s buying spree, will double the size of the Oreo maker’s business in Mexico, a “high-priority” market, and expand its snacking business, the U.S. firm said…
Its revenue from operations rose 17.82 per cent to Rs 294.33 crore during the quarter under review. In the year-ago period, the same stood at Rs 249.81 crore…
23 April 2022,prnewswire.com
Companies: 10+ – Including Fast Retailing Co. Ltd., Hennes and Mauritz AB, Hunkemoller B.V., Jockey International Inc., Marks and Spencer Plc, Reliance Retail Ltd., Sockkobe Co. Ltd., Triumph International Pvt. Ltd., Victorias Secret Stores and Co., and Wacoal Holdings Corp. among others…
21 April 2022,livemint.com
NEW DELHI: Direct-to-consumer personal care brand Nat Habit has raised $4 million in series A funding, led by Fireside Ventures along with participation from existing investors…
Reliance Brands signs pact to pick controlling stake in Abu Jani Sandeep Khosla…
19 April 2022,retail.economictimes.indiatimes.com
“With this investment, we will continue to widen UrbanPipera’s offerings to meet many more digital opportunities in the restaurant ecosystem, along with bolstering our platform capabilities,” said Saurabh Gupta, CEO, UrbanPiper…
NEW DELHI : Bars, pubs and nightclubs are reporting a sharp rebound in footfall, with improving walk-ins and resumption of live events, according to a Mint survey. While a few establishments said sales and footfall have been the highest since the onset of the pandemic, for others, business transactions matched December 2021 levels, with a rise in the number of dinners visiting bars and pubs following a drop in covid-19 cases…
19 April 2022,livemint.com
MUMBAI : State Bank of India (SBI) has raised loan rates for corporates and some retail borrowers by 10 basis points, setting the stage for a wave of rate hikes across the banking sector. The rate hike, the first from India’s largest lender in more than three years, indicates the turn in the interest rate cycle, as rising inflation prompts central banks to exit easy money policies…
Has already acquired online medicine seller NetMeds in India; Boots deal will help it launch NetMeds overseas, bring offline retail chain to India, say analysts…
The new investment comes as Myntra is facing new challenges, with Reliance’s Ajio emerging as a significant second player in the market. Beauty retailer Nykaa is also venturing into fashion, which Myntra has dominated for over a decade…
14 April 2022,fortuneindia.com
The IPO comprises fresh equity issuance worth ₹90 crore and an offer for sale (OFS) component of 2.77 crore equity shares by promoter and existing investors…
12 April 2022,retail.economictimes.indiatimes.com
The investment of Rs 75 crore by Oman India Joint Investment Fund II (OIJIF II) will be through equity for a minority stake, according to a statement…
Shopify would also seek shareholder approval to authorize and issue a new class of shares, called the Founder share, to Tobi Lutke, its chief executive officer and founder…
Money laundering investigation was initiated on the basis of an FIR registered by the Kerala Police against Atlas Jewellery, and Ramachandrans under various sections of the IPC for allegedly cheating South Indian Bank, Round South Branch, Thrissur, Kerala…
7 April 2022,retail.economictimes.indiatimes.com
“With effect from this week, we have increased the prices by 2-3%. Now our stated objective is to ensure that the affordability is maintained. In other words, we are ensuring that the entry level product prices are more or less remaining the same because we have re-engineered or redesigned our products.”…
7 April 2022,financialexpress.com
dentsu India’s media agency Carat has appointed Sayami Podder as associate vice president (AVP), strategy. In her new role, she will be leading strategic thinking for the agency and also offer insights to the existing agency clients across the West and South regions. She will report to Anita Kotwani, CEO, Carat India…
6 April 2022,retail.economictimes.indiatimes.com
In the global pecking order, Ambani is the 10th richest, followed by Adani at the 11th spot…
6 April 2022,retail.economictimes.indiatimes.com
Elizabeth Hamren and Blake Jorgensen, executives with experience in gaming, technology, operations, and capital allocation joined the board as independent directors this month expanding the board’s size to 13 members, the company said…
The world’s largest manufacturer of air-coolers is not only witnessing a spike in share of e-commerce platforms such as Amazon and Flipkart in its domestic sales but also from its D2C website…
1 April 2022,retail.economictimes.indiatimes.com
Future Enterprises’ total dues now stand at ₹3,001 crore as per the OTR terms which includes its two defaulted payments also. FEL disclosed to the stock exchange that it had missed making payments of ₹94 crore and ₹19 crore on March 23 and March 28, respectively as per the OTR terms…
1 April 2022,retail.economictimes.indiatimes.com
Pickrr says over the past few years it has worked aggressively towards expanding a robust network of intelligent storage facilities within and beyond metro cities…
The ayurvedic firm has launched over half a dozen new products including body wash, lotion, oil and scrub. Vedix, has also launched its operations in the US, UK, Canada and Australia and expected to add ten new international geographies in the next three months…
The contours of the transaction include the group first separating the plantations business from Tata Coffee and housing it under a 100% arm of Tata Consumer. It will then merge the remaining business of Tata Coffee, which covers branded coffee — including the ownership in American brand Eight 0’clock — with Tata Consumer…
29 March 2022,retail.economictimes.indiatimes.com
Lulu Group will also set up food processing and logistics centres for procuring and processing agri-produce for exports to middle eastern countries…
25 March 2022,theweek.in
SmartDukaan, a technology-driven direct to retail network committed to bridge the gap between organized urban mobile & electronics retail market and the unstructured sector. It is set to bring millions of retailer’s & consumers dreams to reality across the country. With its vast experience in retail and distribution sectors, the firm aspires to be a significant driver in ensuring equitable possibilities for all retailers by providing comprehensive digital and operational assistance…
24 March 2022,nytimes.com
Limited time offer. This is an offer for a Basic Digital Access Subscription. Your payment method will automatically be charged in advance every four weeks. You will be charged the introductory offer rate of $4 every four weeks for the introductory period of one year, and thereafter will be charged the standard rate of $17 every four weeks until you cancel. Your subscription will continue until you cancel. You can cancel anytime. Cancellations take effect at the end of your current billing period. The Basic Digital Access Subscription does not include e-reader editions (Kindle, Nook, etc.), NYT Games (the Crossword) or NYT Cooking. Mobile apps are not supported on all devices. These offers are not available for current subscribers. Other restrictions and taxes may apply. Offers and pricing are subject to change without notice…
India’s total social sector funding has seen a 12% annual growth over the past five years. In fact, FY 2021 witnessed a sharp increase, with a 20% jump and most of this rise has been a result of increased government expenditure…
22 March 2022,timesnownews.com
Global inflation is not the result of increase in demand. It is essentially due to supply-side disruptions caused by lockdowns, weak-end curfews, longer port delays, higher freight rates, shortage of shipping containers, and shortage of inputs. The Russian invasion of Ukraine has further raised inflationary concerns owing to expected global trade disruptions and increase in crude oil prices…
We have a robust growth outlook for India, UAE and South East Asia markets. Our global expansion plan is to increase the number of outlets from the existing 280 to 750 in a couple of years across all the key markets…
21 March 2022,timesofindia.indiatimes.com
NASHIK: The district disaster management authority on Saturday issued revised order allowing shops and establishments in Nashik city to operate at 100% capacity with immediate effect, while allowing all gatherings to take place at 50% occupancy of the premises in the city…
19 March 2022,inc42.com
The mattress industry has emerged as a $2.5 Bn market, offering premium quality mattresses and other allied sleep products to Indian consumers..
17 March 2022,livemint.com
As the omicron wave ebbs and more and more offices open up, colleges resume offline classes, and restaurants and theatres operate without restrictions, there’s an unmistakeable surge in mobility. Not only are workplace visits on the rise, flights are also operating at full capacity. Add to this the steady revival of on-ground events, whether corporate meets and summits, or entertainment gigs…
17 March 2022,bangaloremirror.indiatimes.com
Situated in the heart of the city, in Malleswaram, and considered a popular landmark, Mantri Square mall completed 12 years of operation on Wednesday…
The Masaba Gupta designs channel her quirky and experimental style sensibilities breaking stereotypes with unique and fuss-free silhouettes for modern Indian women…
16 March 2022,economictimes.indiatimes.com
Doug McMillon, CEO of Walmart Inc., spoke with ET’s Bodhisatva Ganguli at the Economic Times Global Business Summit on a range of issues including the pandemic, rising inflation, the Ukraine crisis, prospects of a global economic recovery and the US-based retail giant’s investment in Flipkart. Excerpts…
16 March 2022,businesstoday.in
Samsung is planning to launch a wide portfolio, priced under Rs 40,000 and going up to Rs 1,20,000. It is eyeing a double-digit market share by the end of the calendar year 2022…
“Even as we expect the cyclical recovery trend to continue, we expect it to be softer than we previously projected,” it said in a report. “We believe that the ongoing geopolitical tensions exacerbate external risks and impart a stagflationary impulse to the economy.”…
14 March 2022,financialexpress.com
The Covid-19 pandemic seems to have benefitted a niche category of stationery products — planners and journals. Multiple brands and illustrators who had been registering slow growth for premium stationery products are now seeing a steady flow of orders for productivity planners, gratitude/ wellness journals, pregnancy journals, etc…
“We’ve got an omnichannel strategy that includes both of those components. And when you have both components, the customer experience can be more seamless, and there are advantages to being able to go to a store if you wanted to. But, we’re not focused on that at the moment…
This project is an outcome of IBM’s collaboration with IBM Business Partner Acuver Consulting Pvt. Ltd. to help M&S India deploy an omni-channel order management system for faster go-to-market…
11 March 2022,indianretailer.com
Having started its retail journey at the T3 terminal of Delhi airport in 2014, Nykaa stores today offer its unparalleled repertoire of global luxury beauty labels and trendsetting Indian brands to consumers across 45 cities…
11 March 2022,retail.economictimes.indiatimes.com
Curefoods’ dessert portfolio now houses brands like CakeZone, Frozen Bottle, Lubov Patisserie, Cupcake Noggins, and Iceberg…
Apparel retailers, which could barely break even last fiscal, should log operating margins of 5-7% this fiscal — compared with about 9% pre-pandemic…
9 March 2022,theindiasaga.com
Ahmedabad: 05.03.2022: Jaimin Gupta, the managing director, and promoter of brand Barcelona- India’s leading men’s wear fashion brand announced today, that in consequence to the Barcelona B2B app launch in January 2022, the Company has received tremendous response from the retailers at PAN India level and now starts the scaling journey of App…
9 March 2022,retail.economictimes.indiatimes.com
Amid mining-side challenges, production curbs by miners, and rapid increase in demand over the course of the pandemic, average inventory levels of Indian diamantaires have reduced to about three months from over four months earlier. This will still allow them to continue operations if the current disruption prolongs for a quarter…
Burmans have also sought two non-executive berths on the board but it is not known whether the chairman will be appointed from the family of the largest shareholder…
NEW DELHI : Personal care brand mCaffeine has raised $15-20 million in a new round of funding to fuel its organic expansion plans and also evaluate inorganic growth opportunities, said two people aware of the development…
4 March 2022,retail.economictimes.indiatimes.com
The total addressable market for quick commerce in India stands at $45 billion, and urban areas are driving this market on the back of mid-high-income households, according to Bengaluru-based market research firm RedSeer…
2 March 2022,psuconnect.in
The experience design and engineering team of Concentrix, a global leader in CX solutions and technology, expands tech talent in India to drive continued growth and innovation…
Zalora will list approximately 5,000 options on Myntra from its portfolio of in-house brands such as Origin, Zalora Basics, Active, among others…
In time for Spring re-decoration, H&M launches H&M HOME for the brighter days ahead. The brand aims to instill springtime zen in your home. It opens its doors to India by inviting light into living spaces with bright hues and playful shapes, signalling a new beginning for homes focused on optimism and joy…
25 Feb 2022,timesofindia.indiatimes.com
NEW DELHI: The Russia-Ukraine conflict is likely to accelerate price pressures in the country as supply chains are getting disrupted and prices of crude oil, metals and other key commodities soar higher in global markets…
Based on a customer-centric approach, omnichannel strategies integrate online and offline modes to offer customers a more seamless and enjoyable shopping experience…
24 Feb 2022,economictimes.indiatimes.com
Lifestyle, apparel and footwear companies are upbeat that the back-to-office plans of India Inc., reopening of schools and easing of travel restrictions will push up sales in categories that had seen a slump with the onset of the Covid-19 pandemic two years ago…
The store covers a carpet area of 4000 sq feet with more than 2500 sq ft of retail area, housing leading global brands…
German sandal maker Birkenstock plans to open 25 outlets in India this year, while Italy’s Pianoforte Group is looking to roll out about 20 stores each of the Yamamay and Carpisa brands in the next two years. After rolling out its India webstore last year, Victoria’s Secret is making its India brick-and-mortar debut with a 4,000 sq ft outlet in Delhi’s Ambience mall and the lingerie seller is scouting for spaces in other malls…
28 Jan 2022,freepressjournal.in
Mumbai: Tipplers can now buy their wine from any supermarket or walk-in store in Maharashtra, and will not have to go exclusively to liquor shops for the same. The state cabinet headed by Chief Minister Uddhav Thackeray on Thursday approved the sale of wine in supermarkets or walk-in stores. Currently, wine is produced in the state from fruits, flowers and honey. Wineries will now be able to market their wines by selling them directly in supermarkets or in walk-in stores in a shelf-in-shop manner. The decision is expected to benefit small wineries and alternatively, farmers in the state…
21 Aug 2021, B4umedia.in
Phoenix market city and Palladium kick started their madras day celebration phoenix market city and palladium kick started their madras day celebration with a spectacular photo display! Chennai, 20 August, 2021: Celebrating Madras Day, Phoenix Market city and Palladium Chennai in association with Madras photo bloggers founded by Srivatsan Sankaran organized the Madras Day celebrations on the 19th of August (Thursday) by lighting the lamp.The ceremony was inaugurated by notable personalities from different walks of life. The event is followed by a photo-exhibition, photography workshop and disability awareness workshop to help the visitors of the mall in making a difference in their lives…
09 Aug 2021, Theweek.in
Retailers Association of India (RAI) on Monday urged the Maharashtra government to allow reopening of malls and multiplexes immediately, stating that any further delay would “spell doom for businesses and employees associated with malls”.The retailers’ body said the capacity of malls and retail businesses in the state to bear any further losses is over as they continue to incur expenditures such as electricity charges, property tax, other taxes and license fees during the closure period while revenues have remained zero…
28 June 2021, Businessnewsthisweek.com
With on and off lockdown measures and constant fear of getting sick much of the urban population has opted to be safe and stay at home.While the rural population still has no fear of visiting the local market, the same is not true for the urban population and hence e-commerce has become an essential service. With numerous platforms already on the radar of the consumer Digital Mall of Asia, it has also thrown its hat for consideration with its different approach for consumers and retailers who get onboarded…
On Monday, Delhi eased some more curbs for markets – doing away with its earlier odd-even formula for malls and markets. Malls have been seeking relaxations, as businesses have faced significant losses amid lockdowns DLF Avenue in Saket, DLF Promenade in Vasant Kunj, DLF Emporio in Vasant Kunj, The Chanakya- Chanakyapuri and DLF CyberHub in Gurugram opened to the public on 7 June, having remained shut since the lockdowns began in April. Meanwhile, DLF Mall of India, Noida is yet open as the Uttar Pradesh government is yet to remove restrictions on opening up of shopping centres…
Shopping mall owners’ revenue declined by around 50 per cent during the last fiscal as the retail sector was badly hit since the outbreak of the COVID-19 pandemic in March last year, according to real estate developers and consultants.Average monthly rentals in shopping centres have softened by 4-5 per cent across eight cities, although many malls saw rent correction of up to 25 per cent, they said.Most of the mall owners, which generally leases space in their shopping malls on a revenue-sharing model with retailers having a minimum guarantee clause, gave complete rental waiver during the April-June period of 2020…
09 May 2021, Msn.com
Taking inspiration from the Mumbai model, the Bhubaneswar Municipal Corporation on Saturday launched its first drive-in coronavirus vaccination centre in the capital for all those aged above 45 years. The mass vaccination drive was launched at the parking area of Esplanade Shopping Mall near Rasulgarh Square in Bhubaneswar. Eligible residents who had earlier received their first jab of the facilities in Odisha were asked to drive to the parking area of the shopping mall to get the second dose of vaccine. The drive-in facility was for the second dose of Covid-19 vaccination for 45 plus age groups…
20 April 2021, Thehindubusinessline.com
Companies operating in categories driven by discretionary spends have been hit the hardest, say playersWith more and more States imposing lockdowns to curb rising Covid cases, retailers and e-commerce companies are urging State governments to allow doorstep delivery of non-essential products.States like Maharashtra, Delhi and Rajasthan, which have imposed lockdowns, are only allowing doorstep delivery of essential products such as food, pharmaceuticals and medical equipments.Manisha Sangani, Director & CEO, Just Lifestyle Private Ltd, which runs Just Watches retail chain, said, “The restrictions and lockdowns have been a setback for organised retail…
Sales back at 93 per cent of pre-pandemic levels in February : SurveyRetailers in the country are hopeful of getting back to the pre-covid levels in the first six months of 2021.According to findings of a survey released by Retailers Association of India (RAI), sales at retail outlets have seen recovery trends and have reached 93 per of pre-pandemic levels in February.The survey indicates that sales in February were at -7 per cent of last year’s levels year-on-year and at -18 per cent in the December quarter of FY20-21 compared to same period last fiscal…
As the nation adopted unprecedented lockdown measures during the pandemic and followed the stay-at-home directives for safety, many women experiencingviolence found themselves trapped with their abusers, worsening the impact of their abuse. Domestic violence cases saw a dramatic rise in the past year. The violence continues unabated and a substantial number of cases are going unreported either to safeguard family’s reputation or due to fear of shame to identify oneself as a victim…
Pacific Mall Tagore Garden in association with NGO People for Animals had organized a 2 day adoption drive from February 13-14 on the occasion of Valentine’s Day.The NGO has been known for promoting the idea of ‘be Indian, promote Indian. Therefore, in order to encourage the adoption of Indie street dog, the mall and NGO have hosted this drive.There were around 10 dogs and puppies present at the mall premises.People for Animals follows two aspects before they let someone adopt a pup – the legality aspect and morality…
The consumer would continue to spend on household products, grocery and the essentials as usual — this occupies about a third of his wallet (see graphic). In addition, education expenses would be a priority for households. Alongside, internet connectivity required to work remotely would see a higher portion of spends.Mumbai/New Delhi: Health, wellness and nutrition products & services will occupy a larger share of the consumer’s wallet in the new year. This is because cautiousness would continue to rule 2021, even as the Covid vaccine’s rollout plan raises hopes…
ONLINE NEWS
16 Aug 2022,retail.economictimes.indiatimes.com
In the April-June quarter, listed FMCG companies including – HUL, ITC, Godrej Consumer Product, Nestle, Dabur and Britannia delivered mixed results, reporting impact on their margins and mostly, a drop in volume in some categories…
10 Aug 2022,retail.economictimes.indiatimes.com
With 80 kitchens spread throughout 16 states and over 35 cities, Bigspoon caters to over 1,50,000 diners every month…
5 Aug 2022,retail.economictimes.indiatimes.com
Founded by Spanish-born Cristóbal Balenciaga in 1917 and established in Paris in 1937, the original house of Balenciaga defined modern couture with its many innovations to form and technique. Since his appointment as artistic director in 2015, Demna continues to uphold the vision of Balenciaga through boundary pushing collections, which have expanded to include women’s and men’s ready-to-wear, accessories, and objets d’art…
4 Aug 2022,retail.economictimes.indiatimes.com
“Post Covid, brands have realised customers are coming for the full experience and expecting engagement from the brand. At our retail spaces, many athleisure brands have almost doubled presence as sales have gone up,” said Pushpa Bector…
Emami Agrotech soft-launched its spice range three years back in West Bengal. Commenting on how the business has performed till now, Krishna Mohan Nyayapati, Director of the company said “Except for the time we were impacted by COVID, the brand has been taken up very well. We have ticked all the boxes of the brand being well accepted by the consumer and got the right advertising and distribution mix. We have now ventured into other parts of the country.”…
Pawan Sarda, who was Future Group’s chief marketing officer (CMO) quit the company to join D2C-born brand Wingreens as CMO and head of direct-to-consumer…
19 jul 2022,retail.economictimes.indiatimes.com
The store will be spread across an area of 5,000 square feet and will host three brand categories – Victoria’s Secret which is the flagship lingerie range of the retailer, Victoria’s Secret Beauty which sells perfumes and body care products and Victoria’s Secret Pink which sells intimate wear along with athleisure wear…
18 jul 2022,realty.economictimes.indiatimes.com
In a statement, Noida-based Supertech Ltd said that the company has put its assets — shopping malls and hotels — in Meerut and Haridwar on sale with the “target of raising funds to the tune of Rs 1,000 crore.”…
NEW DELHI : North India reported higher fast-moving consumer goods sales in the April-June quarter, helping it to gain market share by 2.5%, while the markets in the south and east reported a decline, showed data sourced from retail intelligence platform Bizom…
11 jul 2022,retail.economictimes.indiatimes.com
Swiggy, Blinkit and other app-based hyperlocal delivery apps have taken care of one of our biggest headaches, going out to buy groceries. These apps deliver everything or anything you want to your doorstep within a couple of minutes. However, there is a product you can’t find on the Android version of Swiggy, Dunzo or any other hyperlocal delivery apps. And that product is tobacco…
8 jul 2022,retail.economictimes.indiatimes.com
The Prebiotic Cocoa Powder contains fat reduced cocoa powder (99.98%) derived from ethically grown cocoa sourced from Ghana and naturally derived Fructo-oligosaccharides (3%). While Prebiotics improve gut health, aid in digestion and improve absorption of minerals and vitamins, cocoa which is rich in antioxidants called flavonoids, promotes heart health and fights inflammation…
The company that helps brands acquire, engage and retain customers, said customers have been traditionally receiving points for the money they spend which can be redeemed against any tangible benefit like shopping vouchers, hotel vouchers, and travel vouchers among others…
Reliance Brands on Thursday announced its entry into the food and beverage space through a long-term master franchise partnership with UK-based fresh food and organic coffee chain Pret A Manger…
1 jul 2022,indianretailer.com
BIRKENSTOCK has a consistent plan of expanding the brand’s retail presence across India and Orion Mall opening will be the 2nd store to be owned andoperated by the brand in India…
22 june 2022,animationxpress.com
Comic books have been around in India since the time of Indian independence. The comic book industry is a significant niche industry all over the world but is more popular outside India, especially in the U.S., Japan, Canada, the U.K., and others. Although India also has a plethora of comic books, the youth is more interested in international comic books based on superheroes belonging to the universe of Marvel and DC and manga…
In a Q&A, Susanne Pulverer says the Swedish firm aims at 5 mn footfalls at its new mega store in Bengaluru this year…
14 june 2022,retail.economictimes.indiatimes.com
The industry has been demanding organised labour colonies within or close to the mills that would cater to migrant workers from rural Bengal or neighbouring states. IJMA is keen to implement the ARHC scheme of the Centre to build labour colonies…
11 june 2022,retail.economictimes.indiatimes.com
Last year too, the company had announced hiring 250 individuals from the LGBTQ+ community. It hired 234 individuals, of which 198 were retained and are working with the company, it said…
9 june 2022,retail.economictimes.indiatimes.com
“They (Tata Neu) are aiming for around $200 million gross sales per month even as the first month they couldn’t hit the target. But it is expected to accelerate from here on,” a person aware of the matter said…
9 june 2022,retail.economictimes.indiatimes.com
TV sales via online channels grew 30% on year to contribute 31% of sales, with Flipkart dominating the online market. Flipkart dominated the online sales, according to the report. However, the market continues to be driven by offline channels that contributed 69% of sales…
NORQAIN’s watches can be purchased in Ethos stores nationwide…
1 june 2022,retail.economictimes.indiatimes.com
In this association, Flipkart owned Myntra will assist the fashion brand bebe in wholesale distribution through a network of third-party franchise partners and distributors, read the press release. Bebe aims to set up five brand outlets and ten shops in shops over the year across 3 cities, it shared…
28 May 2022,realty.economictimes.indiatimes.com
In an order issued on Monday, the excise department of the Delhi government extended the Excise Policy 2021-22 for two months till July 31. The Excise Policy 2022-23 was approved by the Delhi Cabinet on May 5. It is yet to be approved by the lieutenant governor (L-G). For the extension, the licence-holders will have to pay a pro-rate licence fee for two months by May 31…
28 May 2022,news18.com
The India Business Excellence Fund III, which is managed or advised by Motilal Oswal Private Equity, has committed Rs 85 crore to the Bengaluru-based omni-channel retailer, while the remaining sum came from existing investor India SME Investments Fund I…
26 May 2022,retail.economictimes.indiatimes.com
The index, which measures the level of optimism of small and medium businesses on key business parameters such as sales, employment, prices, inventory and investment, stood at 87 in Q2 2022. An index value above 50 signals an improvement or increase in the forthcoming quarter compared to the same quarter in the previous year. All indicators suggest a likely expansion in economic growth during Q2 2022…
25 May 2022,timesofindia.indiatimes.com
NEW DELHI: Gobillion, a Y Combinator-backed startup, is a pioneering B2C social e-commerce platform for the next 400 million customers spread across tier 2 cities in India…
Metro AG decided to exit India after 19 years. Is Indian market a hard nut to crack for international retail giants? Or India’s business model is tilted in favour of local firms? Let us understand…
Guest Column: Amit Tiwari, TCS Global Head-Marketing Demand Center, explores if the marketers and consumers are ready for the new digital universe…
The outlook for 2022 remains strong as wearables will try to attract users in Tier 2 and Tier 3 cities…
14 May 2022,business-standard.com
Given the tone of urgency in RBI’s statement to support the altered inflation-growth dynamics, “we now revise our call and expect the RBI to hike repo rate by an additional 60 bps in the rest of FY23″…
9 May 2022,retail.economictimes.indiatimes.com
Paper Industry holds immense potential for growth in India as the per capita consumption is one of the lowest in the world. Around 15% of the world population stays in India but consumes only 5% of the total paper produced in the world…
Tata Consumer Products posted a strong operational performance in the March (Q4FY22) quarter. Unlike major consumer companies which are grappling with higher commodity costs and have reported a dip in their profitability, Tata Consumer expanded its margins in the quarter…
The campaign is an integral part of the brand’s larger narrative of strengthening Hush Puppies positioning as a premium and contemporary brand, catering to the footwear needs of working professionals across genders…
The stores are planned as mega retail stores with an average size of 3000 Sq.ft and will be strategically located in areas with a high density of furniture retailers to drive organic footfalls…
NEW DELHI : As consumers emerge from two pandemic-stricken years, they are likely to rethink their attitudes around healthy eating and seek greater trust in packaged food and beverage makers…
4 May 2022,timesofindia.indiatimes.com
Kolkata: City-based electronics retail chain Great Eastern Retail is acquiring half of the stores belonging to Sargam Electronics, one of the domain’s leading names in north India. This move would place Great Eastern in the top-five bracket of electronics retailers in the country and will provide a toehold in the National Capital Region (NCR). Post-deal, Great Eastern’s pan-India store count will become 85…
4 May 2022,retail.economictimes.indiatimes.com
However, the availability of certain products could be an issue in the next couple of months as manufacturers may not be in a position to supply their entire range of models to meet market demand, especially the energy-efficient 5-star range, due to high demand and supply constraints of components such as controllers and compressors, said Eric Braganza, president of CEAMA…
4 May 2022,retail.economictimes.indiatimes.com
Countries that share land borders with India are China, Bangladesh, Pakistan, Bhutan, Nepal, Myanmar and Afghanistan. As per that decision, FDI proposals from these countries need government approval for investments in India in any sector…
4 May 2022,livemint.com
Diamond jewellery brand Orra, backed by businessman Russell Mehta’s company Rosy Blue, is planning to add nearly 70 stores by 2025, a top executive said…
The Gurgaon-based startup held a board meeting on Saturday to discuss whether it should go ahead with the IPO this month. The board cleared the plan and the offer is likely to launch after the LIC IPO subscription window closes on May 9, said sources aware of the matter…
The competition between Walmart and Amazon represents a global battle between brick-and-mortar businesses, such as traditional hypermarkets, with e-commerce…
30 April 2022,indianretailer.com
The Souled Store, one of India’s most-loved casual wear brands – started by four pop culture enthusiasts, Vedang Patel, Harsh Lal, Aditya Sharma, and Rohin Samtaney, in 2013 – has opened doors to its seventh store in India at Infiniti Mall, Malad in Mumbai, thereby increasing their retail footprint even further in the country!…
Mumbai’s biggest fashion extravaganza, the Bombay Times Fashion Week 2022 kickstarted on Thursday with a lovely display of redefined colours…
29 April 2022,retail.economictimes.indiatimes.com
The exact nature of the purported violations prompting Thursday’s raids was not immediately clear. The two sellers were Cloudtail and Appario, the sources said on condition of anonymity, as the details were not public…
29 April 2022,retail.economictimes.indiatimes.com
Despite India being the largest whiskey drinking nation globally, the share of scotch within the country is just 2% due to the 150% import duty on imported liquor…
The Ricolino deal, the latest in Mondelez’s buying spree, will double the size of the Oreo maker’s business in Mexico, a “high-priority” market, and expand its snacking business, the U.S. firm said…
Its revenue from operations rose 17.82 per cent to Rs 294.33 crore during the quarter under review. In the year-ago period, the same stood at Rs 249.81 crore…
23 April 2022,prnewswire.com
Companies: 10+ – Including Fast Retailing Co. Ltd., Hennes and Mauritz AB, Hunkemoller B.V., Jockey International Inc., Marks and Spencer Plc, Reliance Retail Ltd., Sockkobe Co. Ltd., Triumph International Pvt. Ltd., Victorias Secret Stores and Co., and Wacoal Holdings Corp. among others…
21 April 2022,livemint.com
NEW DELHI: Direct-to-consumer personal care brand Nat Habit has raised $4 million in series A funding, led by Fireside Ventures along with participation from existing investors…
Reliance Brands signs pact to pick controlling stake in Abu Jani Sandeep Khosla…
19 April 2022,retail.economictimes.indiatimes.com
“With this investment, we will continue to widen UrbanPipera’s offerings to meet many more digital opportunities in the restaurant ecosystem, along with bolstering our platform capabilities,” said Saurabh Gupta, CEO, UrbanPiper…
NEW DELHI : Bars, pubs and nightclubs are reporting a sharp rebound in footfall, with improving walk-ins and resumption of live events, according to a Mint survey. While a few establishments said sales and footfall have been the highest since the onset of the pandemic, for others, business transactions matched December 2021 levels, with a rise in the number of dinners visiting bars and pubs following a drop in covid-19 cases…
19 April 2022,livemint.com
MUMBAI : State Bank of India (SBI) has raised loan rates for corporates and some retail borrowers by 10 basis points, setting the stage for a wave of rate hikes across the banking sector. The rate hike, the first from India’s largest lender in more than three years, indicates the turn in the interest rate cycle, as rising inflation prompts central banks to exit easy money policies…
Has already acquired online medicine seller NetMeds in India; Boots deal will help it launch NetMeds overseas, bring offline retail chain to India, say analysts…
14 April 2022,fortuneindia.com
The IPO comprises fresh equity issuance worth ₹90 crore and an offer for sale (OFS) component of 2.77 crore equity shares by promoter and existing investors…
12 April 2022,retail.economictimes.indiatimes.com
The investment of Rs 75 crore by Oman India Joint Investment Fund II (OIJIF II) will be through equity for a minority stake, according to a statement…
Shopify would also seek shareholder approval to authorize and issue a new class of shares, called the Founder share, to Tobi Lutke, its chief executive officer and founder…
Money laundering investigation was initiated on the basis of an FIR registered by the Kerala Police against Atlas Jewellery, and Ramachandrans under various sections of the IPC for allegedly cheating South Indian Bank, Round South Branch, Thrissur, Kerala…
7 April 2022,retail.economictimes.indiatimes.com
“With effect from this week, we have increased the prices by 2-3%. Now our stated objective is to ensure that the affordability is maintained. In other words, we are ensuring that the entry level product prices are more or less remaining the same because we have re-engineered or redesigned our products.”…
7 April 2022,financialexpress.com
dentsu India’s media agency Carat has appointed Sayami Podder as associate vice president (AVP), strategy. In her new role, she will be leading strategic thinking for the agency and also offer insights to the existing agency clients across the West and South regions. She will report to Anita Kotwani, CEO, Carat India…
6 April 2022,retail.economictimes.indiatimes.com
In the global pecking order, Ambani is the 10th richest, followed by Adani at the 11th spot…
6 April 2022,retail.economictimes.indiatimes.com
Elizabeth Hamren and Blake Jorgensen, executives with experience in gaming, technology, operations, and capital allocation joined the board as independent directors this month expanding the board’s size to 13 members, the company said…
The world’s largest manufacturer of air-coolers is not only witnessing a spike in share of e-commerce platforms such as Amazon and Flipkart in its domestic sales but also from its D2C website…
1 April 2022,retail.economictimes.indiatimes.com
Future Enterprises’ total dues now stand at ₹3,001 crore as per the OTR terms which includes its two defaulted payments also. FEL disclosed to the stock exchange that it had missed making payments of ₹94 crore and ₹19 crore on March 23 and March 28, respectively as per the OTR terms…
1 April 2022,retail.economictimes.indiatimes.com
Pickrr says over the past few years it has worked aggressively towards expanding a robust network of intelligent storage facilities within and beyond metro cities…
The ayurvedic firm has launched over half a dozen new products including body wash, lotion, oil and scrub. Vedix, has also launched its operations in the US, UK, Canada and Australia and expected to add ten new international geographies in the next three months…
The contours of the transaction include the group first separating the plantations business from Tata Coffee and housing it under a 100% arm of Tata Consumer. It will then merge the remaining business of Tata Coffee, which covers branded coffee — including the ownership in American brand Eight 0’clock — with Tata Consumer…
29 March 2022,retail.economictimes.indiatimes.com
Lulu Group will also set up food processing and logistics centres for procuring and processing agri-produce for exports to middle eastern countries…
25 March 2022,theweek.in
SmartDukaan, a technology-driven direct to retail network committed to bridge the gap between organized urban mobile & electronics retail market and the unstructured sector. It is set to bring millions of retailer’s & consumers dreams to reality across the country. With its vast experience in retail and distribution sectors, the firm aspires to be a significant driver in ensuring equitable possibilities for all retailers by providing comprehensive digital and operational assistance…
24 March 2022,nytimes.com
Limited time offer. This is an offer for a Basic Digital Access Subscription. Your payment method will automatically be charged in advance every four weeks. You will be charged the introductory offer rate of $4 every four weeks for the introductory period of one year, and thereafter will be charged the standard rate of $17 every four weeks until you cancel. Your subscription will continue until you cancel. You can cancel anytime. Cancellations take effect at the end of your current billing period. The Basic Digital Access Subscription does not include e-reader editions (Kindle, Nook, etc.), NYT Games (the Crossword) or NYT Cooking. Mobile apps are not supported on all devices. These offers are not available for current subscribers. Other restrictions and taxes may apply. Offers and pricing are subject to change without notice…
India’s total social sector funding has seen a 12% annual growth over the past five years. In fact, FY 2021 witnessed a sharp increase, with a 20% jump and most of this rise has been a result of increased government expenditure…
22 March 2022,timesnownews.com
Global inflation is not the result of increase in demand. It is essentially due to supply-side disruptions caused by lockdowns, weak-end curfews, longer port delays, higher freight rates, shortage of shipping containers, and shortage of inputs. The Russian invasion of Ukraine has further raised inflationary concerns owing to expected global trade disruptions and increase in crude oil prices…
We have a robust growth outlook for India, UAE and South East Asia markets. Our global expansion plan is to increase the number of outlets from the existing 280 to 750 in a couple of years across all the key markets…
21 March 2022,timesofindia.indiatimes.com
NASHIK: The district disaster management authority on Saturday issued revised order allowing shops and establishments in Nashik city to operate at 100% capacity with immediate effect, while allowing all gatherings to take place at 50% occupancy of the premises in the city…
19 March 2022,inc42.com
The mattress industry has emerged as a $2.5 Bn market, offering premium quality mattresses and other allied sleep products to Indian consumers..
17 March 2022,livemint.com
As the omicron wave ebbs and more and more offices open up, colleges resume offline classes, and restaurants and theatres operate without restrictions, there’s an unmistakeable surge in mobility. Not only are workplace visits on the rise, flights are also operating at full capacity. Add to this the steady revival of on-ground events, whether corporate meets and summits, or entertainment gigs…
17 March 2022,bangaloremirror.indiatimes.com
Situated in the heart of the city, in Malleswaram, and considered a popular landmark, Mantri Square mall completed 12 years of operation on Wednesday…
The Masaba Gupta designs channel her quirky and experimental style sensibilities breaking stereotypes with unique and fuss-free silhouettes for modern Indian women…
16 March 2022,economictimes.indiatimes.com
Doug McMillon, CEO of Walmart Inc., spoke with ET’s Bodhisatva Ganguli at the Economic Times Global Business Summit on a range of issues including the pandemic, rising inflation, the Ukraine crisis, prospects of a global economic recovery and the US-based retail giant’s investment in Flipkart. Excerpts…
16 March 2022,businesstoday.in
Samsung is planning to launch a wide portfolio, priced under Rs 40,000 and going up to Rs 1,20,000. It is eyeing a double-digit market share by the end of the calendar year 2022…
“Even as we expect the cyclical recovery trend to continue, we expect it to be softer than we previously projected,” it said in a report. “We believe that the ongoing geopolitical tensions exacerbate external risks and impart a stagflationary impulse to the economy.”…
14 March 2022,financialexpress.com
The Covid-19 pandemic seems to have benefitted a niche category of stationery products — planners and journals. Multiple brands and illustrators who had been registering slow growth for premium stationery products are now seeing a steady flow of orders for productivity planners, gratitude/ wellness journals, pregnancy journals, etc…
“We’ve got an omnichannel strategy that includes both of those components. And when you have both components, the customer experience can be more seamless, and there are advantages to being able to go to a store if you wanted to. But, we’re not focused on that at the moment…
This project is an outcome of IBM’s collaboration with IBM Business Partner Acuver Consulting Pvt. Ltd. to help M&S India deploy an omni-channel order management system for faster go-to-market…
11 March 2022,indianretailer.com
Having started its retail journey at the T3 terminal of Delhi airport in 2014, Nykaa stores today offer its unparalleled repertoire of global luxury beauty labels and trendsetting Indian brands to consumers across 45 cities…
11 March 2022,retail.economictimes.indiatimes.com
Curefoods’ dessert portfolio now houses brands like CakeZone, Frozen Bottle, Lubov Patisserie, Cupcake Noggins, and Iceberg…
Apparel retailers, which could barely break even last fiscal, should log operating margins of 5-7% this fiscal — compared with about 9% pre-pandemic…
9 March 2022,theindiasaga.com
Ahmedabad: 05.03.2022: Jaimin Gupta, the managing director, and promoter of brand Barcelona- India’s leading men’s wear fashion brand announced today, that in consequence to the Barcelona B2B app launch in January 2022, the Company has received tremendous response from the retailers at PAN India level and now starts the scaling journey of App…
9 March 2022,retail.economictimes.indiatimes.com
Amid mining-side challenges, production curbs by miners, and rapid increase in demand over the course of the pandemic, average inventory levels of Indian diamantaires have reduced to about three months from over four months earlier. This will still allow them to continue operations if the current disruption prolongs for a quarter…
Burmans have also sought two non-executive berths on the board but it is not known whether the chairman will be appointed from the family of the largest shareholder…
NEW DELHI : Personal care brand mCaffeine has raised $15-20 million in a new round of funding to fuel its organic expansion plans and also evaluate inorganic growth opportunities, said two people aware of the development…
4 March 2022,retail.economictimes.indiatimes.com
The total addressable market for quick commerce in India stands at $45 billion, and urban areas are driving this market on the back of mid-high-income households, according to Bengaluru-based market research firm RedSeer…
2 March 2022,psuconnect.in
The experience design and engineering team of Concentrix, a global leader in CX solutions and technology, expands tech talent in India to drive continued growth and innovation…
Zalora will list approximately 5,000 options on Myntra from its portfolio of in-house brands such as Origin, Zalora Basics, Active, among others…
In time for Spring re-decoration, H&M launches H&M HOME for the brighter days ahead. The brand aims to instill springtime zen in your home. It opens its doors to India by inviting light into living spaces with bright hues and playful shapes, signalling a new beginning for homes focused on optimism and joy…
25 Feb 2022,timesofindia.indiatimes.com
NEW DELHI: The Russia-Ukraine conflict is likely to accelerate price pressures in the country as supply chains are getting disrupted and prices of crude oil, metals and other key commodities soar higher in global markets…
Based on a customer-centric approach, omnichannel strategies integrate online and offline modes to offer customers a more seamless and enjoyable shopping experience…
24 Feb 2022,economictimes.indiatimes.com
Lifestyle, apparel and footwear companies are upbeat that the back-to-office plans of India Inc., reopening of schools and easing of travel restrictions will push up sales in categories that had seen a slump with the onset of the Covid-19 pandemic two years ago…
The store covers a carpet area of 4000 sq feet with more than 2500 sq ft of retail area, housing leading global brands…
German sandal maker Birkenstock plans to open 25 outlets in India this year, while Italy’s Pianoforte Group is looking to roll out about 20 stores each of the Yamamay and Carpisa brands in the next two years. After rolling out its India webstore last year, Victoria’s Secret is making its India brick-and-mortar debut with a 4,000 sq ft outlet in Delhi’s Ambience mall and the lingerie seller is scouting for spaces in other malls…
23 Feb 2022,timesofindia.indiatimes.com
Bhubaneswar: Throwing caution to the wind, people in the city have stopped wearing masks against Covid-19. Mostly, people can be seen putting it on, fearing enforcement agencies, before entering railway station, bus stands or airport…
23 Feb 2022,indiaeducationdiary.in
MUMBAI – Aditya Birla Fashion and Retail Limited (ABFRL), one of India’s leading fashion companies, announced its collaboration with Accenture (NYSE: ACN) for a digital transformation program designed to drive growth, increase business agility and improve operational efficiency…
23 Feb 2022,indiaeducationdiary.in
Mumbai : To cater to the globally expanding fashion industry, Amity School of Fashion Design and Technology (ASFDT), Mumbai hosted a series of three International E-Lectures in February 2022. This lecture series strives to connect global talent in design, retail, fashion business and theory with the students. In addition, the series aims to engage students from across design disciplines with makers, practitioners, and scholars in the global fashion industry…
22 Feb 2022,retail.economictimes.indiatimes.com
India’s wholesale price index, which tracks goods at factory gates, rose almost 13% from a year earlier in January. The gauge has recorded double-digit increases for 10 straight months, even as the benchmark consumer price index, which also includes services, has only recently breached the top of the central bank’s tolerance range of 2% to 6% annual gains…
22 Feb 2022,retail.economictimes.indiatimes.com
India has agreed to concessional import duties on gold imports of up to 200 tonnes per year. India imported about 70 tonnes of gold from the UAE in 2020-21…
The brand continues to expand its reach and is all set to open new department stores every year. Over a period of time, the brand has expanded its presence beyond the metros in Tier l and now in Tier ll cities…
18 Feb 2022,knnindia.co.in
New Delhi, Feb 17 (KNN) Amid a rise in footfalls and a recovery in businesses, malls in various cities have started switching to original full rentals, ending the brief rental concessions they had given to their tenants during the peak of the third Covid wave in January…
18 Feb 2022,dnaindia.com
Metamall was co-founded in 2021 by Gianchandani. He is pitched as a virtual real estate developer that helps users buy real estate in the metaverse…
Always pushing the boundaries of innovation, the omnichannel retailer is opening the region’s first “Phygital” 6thStreet.com store, which is expected to open its doors by Q2 2022…
Kolkata (West Bengal) [India], February 15 (ANI/BusinessWire India): Khadim, India’s one of the leading footwear companies, has steered healthy revenue growth and robust growth in profit. The company has announced positive quarterly performance for the quarter ended December 31, 2021…
Based on the upper end of the IPO price band of Rs 866 a share, the company’s market cap stands at around Rs 21,000 crore…
11 Feb 2022,retail.economictimes.indiatimes.com
In 2021, the company saw $25.9 billion in gross platform spend, up 51 per cent compared to its year-ago result, and revenues of $5.78 billion, up 83 per cent from the year-ago quarter…
11 Feb 2022,thedailystar.com
Riding on the zero-duty trade benefit and competitive prices, the shipment of apparel items to India is growing fast, a development that would help Bangladesh narrow its trade gap with the neighbouring country…
NEW DELHI: E-commerce logistics provider Xpressbees on Wednesday turned unicorn, a company valued at $1 billion or more, having secured a Series F funding of $300 million led by Blackstone Growth, TPG Growth and ChrysCapital…
“Our strategy simply is to develop these categories and fund the development of high margin categories through a radical simplification of our organisation and to invest more in our existing categories,” says Sudhir Sitapati, MD & CEO, Godrej Consumer Products…
Sales of top retailers such as Reliance Retail, Shoppers Stop, Aditya Birla Fashion & Retail (ABFRL), Avenue Supermarts, Bata and Titan surpassed pre-Covid levels in the October-December quarter, with Reliance Retail and ABFRL reporting their highest ever quarterly revenue and profit…
9 Feb 2022,brandequity.economictimes.indiatimes.com
When a company goes bust, its brand name doesn’t always head to the graveyard. What helps brands outlive the companies that launched them…
Commenting on the performance, Gautam Saraogi, CEO, Go Fashion (India) Limited said, “In challenging times, our company has recorded strong operational growth. For the quarter gone by, our revenues have increased by 47% to Rs 142 crore. EBITDA has increased by 72% to Rs 52 crores. With increased efficiencies in the business, our EBITDA margins have also increased by 540 basis points to 36.7% for the quarter…
COVID-19 has fast-tracked the retail industry in India by a decade, revolutionizing the way brands operate, run, and grow their businesses, as well as how consumers choose to purchase…
The California-headquartered company has bought the office space spread across three floors of ready commercial tower Fulcrum in Andheri suburb of Mumbai from realty developer House of Hiranandani…
“Risks to India’s economic outlook are still skewed towards the downside,” it said, estimating the growth to slow to 7.8 per cent in FY23 from the 9.2 per cent in FY22…
25 January 2022, Livemint.com
Large retail chains are seeking to enhance customer satisfaction by using artificial intelligence (AI) tools such as machine learning and computer vision to study consumer behaviour online and in physical stores, in an effort to offer them the best products and experiences…
Bagrry’s is one of the leading brands of health foods and breakfast cereals in the Indian subcontinent. With a tagline of ‘let’s put health first’, the brand makes products that are healthy, honest, innovative and of exceptional quality…
24 January 2022, Retail.economictimes.indiatimes.com
“Our promoters, namely, Bimla Nanda Bissell and Madhukar Khera have opened their respective demat accounts and have transferred 4,00,000 equity shares and 3,75,080 equity shares, respectively, that are proposed to be transferred by way of gift to the artisans and farmers,” the DRHP said…
Continuing its acquisition spree, Reliance Retail, one of the largest retailers in India, has acquired a 54 per cent stake in Addverb Technologies for nearly Rs10 billion (about $132 million)…
15 January 2022, Livemint.com
Brand Masaba will be scaled largely through the digital direct to consumer (D2C) channel, straddling across the entire lifestyle offerings ranging from apparel, accessories, beauty and other lifestyle products…
14 January 2022, Business-standard.com
The country is in the grip of third wave of Covid-19. Retail businesses now know what to do and what not to. And those dealing in them are now adopting different strategies. This report finds out more…
Restaurant chains and malls are back to survival mode, halting capacity expansion and staggering daily supplies, while some are switching to variable pay for frontline staff amid uncertanity on how long curbs will persist, executives said…
27 December 2021, Thenewsminute.com
Bengaluru’s Garuda Mall has been slapped with a fine of Rs 20,000 for not enforcing COVID appropriate behaviour on its premises. In an inspection conducted by the Bruhat Bengaluru Mahanagara Palike (BBMP), authorities said that visitors were also not being checked to see if they had both doses of the vaccine. Physical distancing guidelines had not been followed and people were not wearing masks, a notice issued by authorities said…
Bengaluru’s Garuda Mall has been slapped with a fine of Rs 20,000 for not enforcing COVID appropriate behaviour on its premises. In an inspection conducted by the Bruhat Bengaluru Mahanagara Palike (BBMP), authorities said that visitors were also not being checked to see if they had both doses of the vaccine. Physical distancing guidelines had not been followed and people were not wearing masks, a notice issued by authorities said…
The police commissioner of Ahmedabad has once again made it mandatory for toll plazas, restaurants with the seating capacity of more than 10, and guest houses to install CCTV cameras. The commissioner has also made it mandatory for malls, shopping complexes, and theaters to set up CCTV cameras…
25 Nov 2021, Timesofindia.indiatimes.com
In outdoor public places like streets in residential or commercial areas, markets and bus stops, compliance of mask usage was 32 per cent in slums and 35 per cent in non-slum areas. “Around 48 per cent of people in slums and 46 per cent in non-slum areas did not wear any masks outdoors,” the survey noted…
24 Nov 2021, Businessinsider.in
Black Friday is the shopping equivalent of an Olympic sport. In American homes, as soon as the turkey coma has worn off, scores of deal-seekers head out on hours-long buying sprees to get through their holiday shopping lists in one fell swoop. We spoke to seasoned Black Friday retail workers who had some advice for making your experience — and theirs — a festive one…
Instances of workers on the receiving end of abuse and extreme disrespect from workers have continued to appear over the past 18 months. Workers have reported attacks and aggressive customers in restaurants, big box stores, on flights, and in other settings. This treatment is bolstered by the “the customer is always right” mantra that gave customers license to treat workers poorly, Avery Hartmans reported for Insider…
15 Nov 2021, Yourstory.com
India has been growing at a fast pace and is more accepting of adopting advanced technology to support businesses. With technological progression guiding the way, several industries across various verticals are exploring different drivers of growth, opportunities, and success. The retail industry, too, is not far behind when it comes to tapping into new advancements and strengthening the roots to secure its future in the country. One of the key factors accelerating profitability and helping retail to be more competitive is augmented reality (AR)…
15 Nov 2021, Forbes.com
Retail and hospitality have been truly disrupted by the pandemic. With long periods where many businesses couldn’t operate, those that have survived have been those that have innovated. Some brilliant ideas and accelerated trends have sprung up from the pandemic in the hospitality and retail sectors, not just to keep revenue streams flowing but to keep customers served. Here we will look at three trends that have kept the sectors running and will likely be around for some time…
11 Nov 2021, Forbes.com
The pandemic has changed the way consumers shop for the better part of two years, and most experts agree the way we buy goods has been altered permanently. While recent data reveals the majority (76%) of customers are eager to return to stores, experts say the future of retail isn’t about brick-and-mortar vs. online shopping. Instead, the real challenge is going to be consistently delivering new experiences like curbside pickup and designing better ways to personalize the customer experience…
11 Nov 2021, Cnbctv18.com
Diwali turned out to be the much needed boost for the fashion and lifestyle retailers. After losing nearly Rs 25,000 crore in annual sales during the pandemic, retail sales are back to pre-pandemic levels. This is encouraging retailers to go full throttle on expansion plans, from launching new brands to opening new stores…
The District Collector Sunil Chavan has issued an order directing all the government, semi-government offices, private establishments and industries to complete vaccination of their staff on top priority. The order also underlined the owners of private establishments like malls, big grocery shops, multi-storeyed shopping centres, textile and clothing shops, and other establishments should also be vaccinated, stated the order…
05 Nov 2021, Retail.economictimes.indiatimes.com
When Whitney Bromberg Hawkings launched her London-based floral business Flowerbx in Los Angeles last November, she noticed a number of clients, on their own for the holidays, treated themselves to bouquets. “There were cards that said, ‘Dear me, you can get through this week’- a lot of them,” said Bromberg Hawkings. This year, it’s a different story: It’s dinner for 30, dinner for 40, full-house décor…
R CITY Mall after undergoing a makeover with new interiors, on Tuesday said that it has opened its door to the people, amid the ongoing festival season in the country. Building onto the renewed catchphrase – ‘Experience the Extraordinary,’ the mall’s new look is set to offer a sublime experience to every visitor. As per the official statement, these developments come at a time when R CITY reopens to the public in adherence to the COVID-19 safety protocols, thereby keeping up with the changing times yet continuing to be the mall that Mumbai has loved since its inception…
24 Oct 2021, Thegreaterindia.in
Covid pointers for malls and native markets needs to be strictly adopted, the federal government stated. New Delhi: States should guarantee Coronavirus precautions are adopted strictly throughout the festive season, the federal government stated in an advisory on Saturday, itemizing measures like selling on-line purchasing and avoiding pointless journey to cease an infection charges from spiralling as they’ve in some international locations. The authorities has prompt measures like: Promote on-line modes of celebrations like on-line purchasing, discourage pointless journey…
The Retailer’s Association of India says that sales in September have recovered to 96 percent over the pre-pandemic levels. To discuss how October is shaping up, CNBC-TV18 spoke with Kumar Rajagopalan, CEO, Retailers Association of India and Lalit Agarwal, Chairman and Managing Director, V-Mart Retail. From retail standpoint, consumers are trying to get more cheerful and the trend in September was good and this should pick up, according to Rajagopalan. According to Nilesh Gupta of Vijay Sales…
07 Oct 2021, Newkerala.com
New Delhi, Oct 6: Pandemic-battered multiplexes have turned a page with pent-up demand along with new content drawing in moviegoers, thereby accelerating the industry’s recovery.The sector, formally known as ‘cinema exhibition industry’, has been one of the hardest hit due to the Covid-19 pandemic, causing revenue and employment loss.Till recently, cinemas and multiplexes in many states remained in the list of prohibited activities to curb the spread of the pandemic.However, accelerated pace of vaccination as well as easing Covid restrictions and lower transmission rates have turned the tide for the sector…
05 Oct 2021, Infrabuddy.com
Mall projects, stalled since the onset of the pandemic, are picking up pace this year, with an estimated 4.5 million square feet (sq. ft) of new supply added in 2021, according to data released by real estate consultancy Anarock Property Consultants.The fresh supply, a majority of which is expected to come up in Bengaluru, Mumbai, and Noida, however, is significantly lower than the 8.5 million sq. ft added across the top seven cities in 2019…
28 Sep 2021, Realty.economictimes.indiatimes.com
Located along Golf Course Road in Sector 53, the mall has around 60 shops, which were handed over by the builder to their owners in 2007. The Central Plaza Mall Owners’ Welfare Association was formed in 2008. A year later, another society — Central Plaza Mall Occupants’ Welfare Association — started functioning. The district registrar has ordered an audit of the financial records of the owners’ association formed for the maintenance of Central Plaza Mall after several complaints of irregularities and siphoning off of funds…
Regardless of the relaxation in lockdown rules by the Maharashtra government last month, which allowed malls to re-open, the addition of a new rule making it mandatory for all to be fully vaccinated in order to enter the mall premises has hit the retailer industry quite strong. Footfalls across the malls in Mumbai Metropolitan Region (MMR) continue to be low ranging from approximately 20-30 percent compared to pre-COVID levels…
13 Sep 2021, Telegraphindia.com
Clothes to food, shops do brisk business with four weeks left for Durga PujaA month left before Durga Puja, Kolkatans swarmed the shopping hubs in the city on Sunday.With Covid cases under control, a bullish sentiment was driving sales, said retailers. Malls were the biggest beneficiaries, they added.By 4pm, the parking lot at South City Mall on Prince Anwar Shah Road was full. That means around 1,200 cars…
12 Sep 2021, Timesofindia.indiatimes.com
KOLKATA: The chief municipal health officer who leads Kolkata Municipal Corporation ‘s Covid-19 strategy in the city has suggested rapid antigen tests at malls and markets located in wards that have witnessed a spurt in Covid cases in the past fortnight to check the spread of infection during the pre-Puja shopping spree. The civic health department has identified 46 wards in nine boroughs that have recorded 10 or more Covid cases in the past 14 days…
Delhi shopping centre ‘Select CITYWALK’ offers a poignant tribute to the heroes who stepped up to help those most in need in the grip of the second wave of the COVID-19 pandemic this year. Select CITYWALK has named this campaign as ‘TheCitySalutesYou’ and it features individuals who went above the line of duty to deliver support and relief to many. The campaign features the COVID-19 heroes dressed head to toe in a chosen collection from popular fashion brands, namely Ted Baker, Onitsuka Tiger, Adidas Originals, Massimo Dutti, Aldo, Gant, CK, Zara, Mango, Brooks Brothers, Steve Madden, Dune, Charles and Keith…
With retail sales in malls rebounding strongly post reopening, pressure on rentals for mall owners is likely to be lower this fiscal, necessitating lesser waivers, compared with last fiscal Mumbai: Malls are seeing faster recovery after the second wave compared with the first wave following a rapid easing of restrictions and pent-up demand, according to a report by Crisil Ratings. With retail sales in malls rebounding strongly post reopening, pressure on rentals for mall owners is likely to be lower this fiscal, necessitating lesser waivers, than last fiscal…
11 Aug 2021, Cio.economictimes.indiatimes.com
Khona joins Nexus Malls from McDonald’s India (Hardcastle Restaurants Limited) where he served as Head IT.Rahul Khona has joined Nexus Malls, as the Head of Information Technology. Nexus Malls is a real estate company with 16 malls and around 10 million square feet of retail space in India. He will be based out of Mumbai.At Nexus Malls, Khona will be responsible for forming the IT strategy and drive innovation and growth within the organization. He will also be responsible for implementing new age technologies to provide convenience and uplift customer experience across the value chain…
05 Aug 2021, Businessworld.in
A true representation of an unmatched luxury cinematic experience, the property is designed in contemporary hues to complement today’s millennial audience and offer a hygienic, safe and secure movie-viewing experience. PVR Ltd, the leaders in Indian film exhibition industry, through its luxury arm The Luxury Collection, announced the launch of its First Director’s Cut in Haryana at Ambience Mall, Gurugram today…
03 Aug 2021, Newsonair.com
The Maharashtra Government in its latest order has said that shops will be permitted to remain open till 8 pm on weekdays instead of 4 pm in the districts where Covid infections have reduced.The state government said that restrictions will continue in those districts where the infection is still on the rise. On opening the Mumbai local trains for all segments of society, the Chief Minister said that would be difficult in the first phase as the easing of curbs was being done slowly…
03 Aug 2021, Mid-day.com
Railway commuters postponed a mega protest slated for Tuesday to August 15 but handed over a petition to Central Railway officials to resume trains for all. Amidst the continued restrictions, passengers have argued that due to the battle between the state and Centre, the common man is losing jobs…
17 July 2021, Economictimes.indiatimes.com
Synopsis Some things are fundamental to our malls: a solid multiplex, an exciting food court, a couple of high-end restaurants, departmental stores, and hot fast-fashion retailers that everyone can’t get enough of. Mall operators in India have cemented the success of their properties on carefully chosen locations and anchor tenants, so much so that shoppers will often remember a mall by its most prominent storefronts…
Chief Guest & Tollywood Actress of Uppena Fame, Ms Krithi Shetty; inaugurating the 10th Maangalya Shopping Mall in Hyderabad, at AS Rao Nagar, today; as Mr Kasam Namashivaya, Chairman, Maangalya Shopping Malls; applauds.Hyderabad: The Maangalya Shopping Mall – one of the largest family-owned textile kingdoms in this part of the Country, has launched its 10th shopping mall at the city’s fastest growing shopping hub, A.S. Rao Nagar, today…
01 July 2021, Realty.economictimes.indiatimes.com
The proposed deal assumes significance as it indicates global investors’ unabated interest in Indian mall developments and confidence that retail consumption will rebound once the Covid-19 pandemic is over. Viviana Mall is spread on a 13-acre land parcel on Thane’s on Pokhran Road and has total lease area of 1.7 million sq ft. It houses one of the largest multiplexes with 14 screens including Imax experience. GIC had picked up 49% stake in Viviana Mall from Sheth Group in early 2016. ET’s email queries to GIC and Lake Shore remained unanswered until the time of going to press…
01 July 2021, Theweek.in
Apparel retail sector revenue to grow 15-20% in current financial year, says CRISILAs the COVID-19 cases surged in April and May, many states announced lockdowns, which included shutting down of non-essential retail stores. This has hit apparel retailers hard and ratings agency CRISIL now expects organised apparel retail sector revenue to grow 15-20 per cent in the current financial year, compared with its earlier expected 30-35 per cent.Localised restrictions starting from the second half of April this year resulted in pan-India average retail mobility (footfalls to retail stores) falling sharply to 36 per cent of the pre-pandemic level in May…
29 June 2021, Outlookindia.com
Kolkata, Jun 28 (PTI) In the wake of the decline in Covid-19 infections in West Bengal, the Shopping Centre Association of India (SCAI) on Monday urged the state government to extend the operational hours for retail shops to 8 pm and up to 11 pm for food and beverage outlets in malls.The state administration allowed malls to operate from 11 am to 6 pm for stores and from 12 noon to 8 pm for restaurants. The outlets reopened on June 16 after being closed for 45 days due to restrictions imposed by the government to check the spread of coronavirus…
28 June 2021, Businessnewsthisweek.com
With on and off lockdown measures and constant fear of getting sick much of the urban population has opted to be safe and stay at home.While the rural population still has no fear of visiting the local market, the same is not true for the urban population and hence e-commerce has become an essential service. With numerous platforms already on the radar of the consumer Digital Mall of Asia, it has also thrown its hat for consideration with its different approach for consumers and retailers who get onboarded…
21 June 2021, Yourstory.com
In a recent panel discussion on YourStory’s Daily Dispatch, RAI CEO Kumar Rajagopalan, Inorbit Malls CEO Rajneesh Mahajan, andInox Leisure CFO Kailash Gupta share key insights into the journey and future roadmaps of the Indian retail industry amidst the pandemic. CLAPS According to Forrester Research, the Indian retail the industry is estimated at $883 billion in 2020. The sector, one of the fastest-growing, however, took a massive hit amidst the second COVID-19 wave…
With 70,000 new vaccines expected to be procured in a few days, the plan is to coordinate with market committees across the city, and organise open sessions after 12 noon for this priority group in various health and wellness centres, dispensaries and community centres in the city.Till now, 4,24,931 people have been administered the Covid-19 vaccine inChandigarh. With vaccination considered the most important tool after masking up to prevent and control new infections, the focus will now be to reach out to priority and vulnerable groups…
New Delhi, June 17 (IANSlife) The largest chain of premium and luxury retail properties, DLF Malls, has reopened its doors to customers with fully vaccinated employees, retail partners and staff. In addition to this, malls will function as per the government set guidelines on social distancing, adhering to all restrictions, enabling the customers to shop in a secure environment. DLF Malls will now be the safest retail destination in the city…
A survey by the Retailers Association of India (RAI), released on Tuesday, shows that the fall in retail sales was sharper in May versus April amid a surge in Covid-19 infections.The decline in sales was 79 per cent in May, versus a drop of 49 per cent seen in April, as lockdown curbs increased across the country. However, RAI expects business sentiment to improve in June as the unlock programme gets underway.States such as Delhi, Gujarat, Uttar Pradesh and Maharashtra have begun unlocking businesses in June, with the process expected to accelerate in the weeks ahead…
On Monday, Delhi eased some more curbs for markets – doing away with its earlier odd-even formula for malls and markets. Malls have been seeking relaxations, as businesses have faced significant losses amid lockdowns DLF Avenue in Saket, DLF Promenade in Vasant Kunj, DLF Emporio in Vasant Kunj, The Chanakya- Chanakyapuri and DLF CyberHub in Gurugram opened to the public on 7 June, having remained shut since the lockdowns began in April. Meanwhile, DLF Mall of India, Noida is yet open as the Uttar Pradesh government is yet to remove restrictions on opening up of shopping centres…
Leading shopping centre Select CITYWALK, which reopened in part on June 7 after nearly two months of being non-operational, has pledged to adhere tofollowing strict SOPs as per government directives to ensure utmost safety, sanitization and social distancing as required for the post-COVID-19 environment.The detailed SOPs will cover requisite parameters across public spaces, retailer and visitor guidelines etc. Business hours at the mall will be limited to 10 am to 8 pm on an odd-even basis, with one half of the outlets open on odd days and the rest open on even days…
07 June 2021, M.dailyhunt.in
Mumbai | Jagran News Desk: Maharashtra government on June 4 announced a detailed 5-level unlock plan based on the severity of COVID-19 spread, itspositivity rate and availability of the Oxygen beds in the specific areas concerned. In an order published late in the night, the state government said that restrictions will vary from district to district with Level 1 districts set to have minimum restrictions and Level 5 maximum, starting Monday. At its onset, from Monday, June 7 onwards, eighteen districts in Maharashtra will see Level-1 of unlocking, five will have Level-2 of unlocking…
27 May 2021, Mediavataar.com
Among the different categories, consumers are most willing to try this solution for categories like clothing and technology YouGov’s latest global report reveals that India is among the leading countries to show an interest in adopting innovative technologies like AR/VR (Augmented Reality/Virtual Reality) for retail shopping. YouGov’s ‘International Omni-Channel Retail Report 2021: Shopping in the pandemic and the implications for the future’ provides an overview of Covid-19 on shopping attitudes and behaviors across 17 markets…
In an attempt to expedite Mumbai’s vaccination drive, Brihanmumbai Municipal Corporation (BMC) earlier in the month of May had opened its first drive-in vaccination facility in Dadar West. Later, the civic body opened more drive-in vaccination centres to help senior citizens and specially-abled people to get their Covid-19 vaccines while sitting in a vehicle and without standing in a queue. The decision was taken after people demanded for more such drive-in centres for senior citizens after overcrowding was reported at several walk-in facilities…
11 May 2021, Thehindubusinessline.com
With the healthcare system coming under pressure as the country battles the second wave, Resident Welfare Associations (RWAs) and some builders are pitching in by setting up Covid care centres in collaboration with health professionals. In fact, some malls have also collaborated with local authorities for vaccination drives…
Shopping mall owners’ revenue declined by around 50 per cent during the last fiscal as the retail sector was badly hit since the outbreak of the COVID-19 pandemic in March last year, according to real estate developers and consultants.Average monthly rentals in shopping centres have softened by 4-5 per cent across eight cities, although many malls saw rent correction of up to 25 per cent, they said.Most of the mall owners, which generally leases space in their shopping malls on a revenue-sharing model with retailers having a minimum guarantee clause, gave complete rental waiver during the April-June period of 2020…
09 May 2021, Msn.com
Taking inspiration from the Mumbai model, the Bhubaneswar Municipal Corporation on Saturday launched its first drive-in coronavirus vaccination centre in the capital for all those aged above 45 years. The mass vaccination drive was launched at the parking area of Esplanade Shopping Mall near Rasulgarh Square in Bhubaneswar. Eligible residents who had earlier received their first jab of the facilities in Odisha were asked to drive to the parking area of the shopping mall to get the second dose of vaccine. The drive-in facility was for the second dose of Covid-19 vaccination for 45 plus age groups…
27 April 2021, Newindianexpress.com
The decision was taken after an all-party meeting during which political parties unanimously agreed to continue with strict restrictions.THIRUVANANTHAPURAM: Amid rising COVID-19 cases in Kerala, the state government on Monday saidstringent restrictions are warranted and prohibited all social, political, cultural and religious events along with the closure of cinemas, malls, gyms, bars, clubs and sports complexes from April 27 until further orders.The decision was taken after an all-party meeting during which political parties unanimously agreed to continue with strict restrictions, Chie Minister Pinarayi Vijayan said at a press meet here…
20 April 2021, Thenewsminute.com
The Shopping Centres Association of India (SCAI) said that the second wave of COVID-19 has severely impacted the modern retail industry. In a statement, the industry body noted that it has been urging the government to support the industry with financial waivers and allow shopping malls to operate once they reopen the other markets. In order to supplement the government’s effort in carrying out an extensive vaccination drive, SCAI has also approached the state governments to conduct the vaccination camps at malls…
20 April 2021, Thehindubusinessline.com
Companies operating in categories driven by discretionary spends have been hit the hardest, say playersWith more and more States imposing lockdowns to curb rising Covid cases, retailers and e-commerce companies are urging State governments to allow doorstep delivery of non-essential products.States like Maharashtra, Delhi and Rajasthan, which have imposed lockdowns, are only allowing doorstep delivery of essential products such as food, pharmaceuticals and medical equipments.Manisha Sangani, Director & CEO, Just Lifestyle Private Ltd, which runs Just Watches retail chain, said, “The restrictions and lockdowns have been a setback for organised retail…
Larger companies ready with plans to face disruptions; smaller firms may bear the bruntHundreds of companies across different sectors including manufacturing, textile, consumer durables, automobile, travel, and hospitality are facing massive disruptions to business as a number of States have imposed a second lockdown to combat the second surge of Covid-19.While larger companies appear better prepared this time around with adequate stocks and alternative plans, it is the small and medium-size companies that will bear the brunt as they are yet to recover from the impact of last year’s lockdown…
The Clothing Manufacturers Association of India (CMAI), is one of the oldest and largest Association representing the Garment Manufacturing and Retail industries, with close to 4,500 members serving to the Domestic Apparel Industry since its inception in 1963.In a Press Release issued by the Association, Mr Rajesh Masand, President, CMAI stated that in the midst of Covid pandemic last year, CMAI had interacted with Shri Uddhav Thackeray, Hon’ble Chief Minister of Maharashtra, Shri. Aditya Thackeray, Shri. Subhash Desai, Hon’ble Minister of Tourism & Environment and Hon’ble Minister of Industries, Govt of Maharashtra, respectively and several concerned Officers on various occasions…
11 April 2021, Financialexpress.com
As per analysts at Crisil Research, Mumbai and Delhi-NCR account for nearly 50% of the total organised restaurant market.“While implementation of stricter rules to curb the spread of the pandemic is necessary, it is also important to calibrate a balance between lives and livelihood,” RAI added.“While implementation of stricter rules to curb the spread of the pandemic is necessary, it is also important to calibrate a balance between lives and livelihood,” RAI added…
10 April 2021, Indiaretailing.com
The retail industry in India is in the midst of a paradigm shift, transitioning from an unorganised sector to an organised venture.Small enterprises are working towards the formalisation of their companies for a better growth prospective. The ongoing Coronavirus pandemic has furthered the shift towards organised industry since retailers have been forced to adopt technology and automation to forward their businesses.Added to this, companies are now looking to hire tech-savvy people to cope with the ever-changing environment…
07 April 2021, Citrusinteractive.in
Phoenix Mills (including its subsidiary companies) has temporarily closed its Malls in Mumbai and Pune until April 30, 2021 except for the permitted outlets providing essential services, online deliveries and F&B outlets providing delivery/takeaway services on the back of Government of Maharashtra has issued guidelines under its action plan ‘Break the Chain’ and issued directions, which inter alia require all shops, markets, malls except essential services to remain closed till April 30, 2021.Phoenix Mills is engaged in property development in India…
06 April 2021, Retail.economictimes.indiatimes.com
“As per the instruction of state government, it is necessary to ensure the standard operating procedure compliance in every programme. Gatherings will only be allowed with prior permission and strict adherence to the appropriate COVID-19 behaviour such as social distancing norms, wearing of face masks, sanitisation, hand hygiene and provision for thermal scanning,” said Dr Garg.GURUGRAM : With the surge in Covid-19 cases in the city, the district administration has decided to intensify drives to tackle mask violations in the city…
The National Restaurant Association of India urged the state government to allow restaurants to function within normal hours while following safety protocols in the absence of which it sought compensation for loss of business that the sector may endure this month New Delhi: Several retail and restaurant industry bodies on Monday appealed to the Maharashtra state government asking it to reconsider latest rules put into place to control the spread of covid-19 in the state…
19 March 2021, Indiaretailing.com
Driven by the zeal to make a mark in the commercial sector of the country, Pacific India – a privately owned and operated group of companies – has been conducting endeavors and operations with a remarkable degree of dynamism for the past 3 decades. The group has steadily emerged as the notable realty and infrastructure developer providing distinctive and specialized services in the Real Estate, Hospitality and Education sectors…
17 March 2021, Newindianexpress.com
Retailers Association of India (RAI) has appealed to the Ministry of Health and Family Welfare to consider prioritising vaccination for the frontline retail workers who face hundreds of people in the course of dispensing their duties and run the risk of getting infected. In a submission to the Ministry of Health and Family Welfare, RAI expressed that the hard work, struggles, and risk of retail frontline workers must also be appreciated along with the frontline workers of the medical and the law enforcement staff…
16 March 2021, Thehindubusinessline.com
Sales back at 93 per cent of pre-pandemic levels in February : SurveyRetailers in the country are hopeful of getting back to the pre-covid levels in the first six months of 2021.According to findings of a survey released by Retailers Association of India (RAI), sales at retail outlets have seen recovery trends and have reached 93 per of pre-pandemic levels in February.The survey indicates that sales in February were at -7 per cent of last year’s levels year-on-year and at -18 per cent in the December quarter of FY20-21 compared to same period last fiscal…
16 March 2021, Livemint.com
In the order, it stated that restaurants, malls, showrooms, pan shops, clubs, tea stalls, hair salons will be closed after 10 pm in these municipalities. Along with that, the Manekchowk Food and Beverage Market and Raipur Food and Beverage Market will also be closed, it said. Meanwhile, the number of coronavirus positive cases in Gujarat rose to 2,79,097 with 890 people being detected with the infection on Monday, while the day also saw 594 people recovering and one Surat resident dying, an official said…
The beginning of the year 2020 saw a remarkable opening for the shopping mall industry.Industry experts predicted a smooth journey ahead, mall developers were bullish on the growth potential of organised retail keeping in mind the flourishing economy and industry experts including ANAROCK had predicted the launch of around 100 new malls spanning over 49 million sq. ft. pan India by the end of 2022. Then the pandemic hit, and it was pandemonium all around.The subsequent global lockdown, shutdown of all economic activities threw the Retail and Shopping Centre industries into chaos…
11 March 2021, Indianexpress.com
While in Mumbai, Rs 39.8 crore was collected from 19.66 lakh offenders who didn’t wear mask, in Pune, Rs 5.3 crore was collected from 2.37 lakh offenders. Beed tops in percentage wise violations.Maximum Vilations of Covid-appropriate behaviour are found in parks, bus stops and tourist spots, while 64 per cent of total violations take place at these places. Shopping malls and retail shops (16 per cent cases) and restaurants (11 per cent) come next as per an analysis of violations and penalty levied across Maharashtra by the Public Health Department…
09 March 2021, Indiaretailing.com
The ‘Online+Offline’ model – resulting from convergence of retail channels and evolution of capabilities via tech-enabled collaborations – is expectedto help in addition of 12 million new jobs and US $125 billion in retail exports, a report by Nasscom – Technopak said. The report titled, ‘Retail 4.0: India story – Unlocking Value through Online and Offline Collaborations’ said the Indian retail market has witnessed a massive growth of 3X over the last decade…
09 March 2021, Indianexpress.com
Surat city has been reporting a daily average of 100 Covid-19 cases for the past few days.The Surat Municipal Corporation has decided to close down malls, departmental stores, gardens and beaches on Sundays, till further notice, in Rander and Athwa zones of the city that have been reporting a surge in Covid cases.Surat city has been reporting a daily average of 100 Covid-19 cases for the past few days…
08 March 2021, M.dailyhunt.in
A “partial lockdown” will be imposed in Maharashtra’s Aurangabad in view of the spike in coronavirus cases.The restrictions, effective between March 11 and April 4, will have shut malls, markets, and cinema halls during the weekends. According to the officials, the world-famous heritage sites of Ajanta and Ellora, the other tourist spots in the district will remain shut on Saturdays and Sundays, while marriages will not be allowed to be held in function halls during the lockdown period. Meanwhile, the administration has decided to keep shut schools, colleges and training institutes…
As the nation adopted unprecedented lockdown measures during the pandemic and followed the stay-at-home directives for safety, many women experiencingviolence found themselves trapped with their abusers, worsening the impact of their abuse. Domestic violence cases saw a dramatic rise in the past year. The violence continues unabated and a substantial number of cases are going unreported either to safeguard family’s reputation or due to fear of shame to identify oneself as a victim…
06 March 2021, Indiaretailing.com
Pacific Mall, Dwarka in association with Sunset Cinema has started a drive-in cinema facility at Pacific 360°, the rooftop.Families and friends can simply drive in their vehicle and enjoy the marvelous cinematic experience using FM waves safely in their cars for the first time in India. With the launch of this unique idea, Pacific Mall has also become the second in Asia to give theatrical feels that take audience back in time. It is a unique concept where people can watch movies safely with social distancing…
Taking to Twitter the centre issued a fresh list of guidelines for Hotels and Hospitality Units, restaurants, shopping malls and religious places. The centre on Thursday (March 4) released new guidelines for prevention of the COVID-19 disease spread. Taking to Twitter the central government issued a fresh list of guidelines for Hotels and Hospitality Units, restaurants, shopping malls, and religious places. Apart from the mandatory thermal screening, wearing of masks at all time, maintain social distancing, proper sanitisation of hands and maintaining six feet distancing, lets take a look at the updated COVID-19 protocols…
04 March 2021, Outlookindia.com
Retailers Association of India (RAI) on Thursday said it has extended its partnership with Indira Gandhi National Open University (IGNOU) for offering skill-based and employment-oriented BBA (Retailing) academic programme with a modular approach.The programme has been jointly designed and developed by IGNOU in collaboration with RAI and the two parties have renewed their memorandum of understanding, RAI said in a statement.Commenting on the collaboration, RAI CEO Kumar Rajagopalan said the USD 854 billion Indian retail industry employs over 46 million people and hiring is expected to see an uptrend in the years to come…
04 March 2021, Thehansindia.com
Punjagutta: The lively mall culture of Hyderabad which had been hit badly following Lockdown is slowly coming out of the blues. The business establisments are finding new ways for life and the brand outlets and malls are focusing more on emerging “Serious Buyers” to get back the glory. Hyderabad city malls are on the recovery track. Decade-old established malls are able to witness approximately 65 per cent footfalls while the newly developing malls could only hit 40 per cent, according to observers…
Pacific Mall Tagore Garden in association with NGO People for Animals had organized a 2 day adoption drive from February 13-14 on the occasion of Valentine’s Day.The NGO has been known for promoting the idea of ‘be Indian, promote Indian. Therefore, in order to encourage the adoption of Indie street dog, the mall and NGO have hosted this drive.There were around 10 dogs and puppies present at the mall premises.People for Animals follows two aspects before they let someone adopt a pup – the legality aspect and morality…
A week-long festival with special screenings of romantic movies across 17 cities NEW DELHI, Feb. 12, 2021 /PRNewswire/ — The season of love is here with Valentine’s Day around the corner. Adding to the grandeur, PVR brings a specially curated Valentine’s Day Film Festival with popular Bollywood, Hollywood & Regional romantic movies across 17 cities in PVR Cinemas. The week-long festival starting 12th February will screen iconic titles like La La Land, A Star Is Born, Jab We Met, Dil to Pagal Hai, Dilwale Dulhania Le Jayenge etc…
Mindstone Mall Developers, a wholly-owned subsidiary of Phoenix Mills (PML), has acquired approximately 7.48 acre of prime land in Alipore, Kolkata, West Bengal, for a total consideration of Rs 300 crore.The company is looking to expand its portfolio in Tier-1 cities. The greenfield development opportunity in Kolkata is the first such addition to the company’s portfolio in 2021 and will add to its operational developments beyond 2024…
11 February 2021, Realty.economictimes.indiatimes.com
The land parcel has development potential of approximately 1 million sq ft with the first phase of the development expected to be operational during FY25 subject to local and municipal approvals, the company said.NEW DELHI: Mindstone Mall Developers, wholly owned subsidiary of The Phoenix Mills(PML), has acquired approximately 7.48 acres of prime land in Alipore, Kolkata for a total consideration of Rs 300 crore, the company said in a BSE filing.”We are witnessing a strong recovery across our businesses which faced a temporary disruption during 2020…
10 February 2021, Msn.com
Kotak Institutional Equities initiates coverage on Phoenix Mills with a BUY rating and Fair Value estimate of Rs 960/share, offering 20% upside to CMP of Rs 801/share. Phoenix Milla offers investors the opportunity to align with the long-term growth in organized retail that will likely benefit from continued urbanization and rising income levels. In Kotak’s view, the near-term impact due to Covid-19 is likely transient and will not substantially alter the purchasing habits of the retail consumer in India…
The Karnataka chapter of Federation of Retailers Association of India (FRAI) have appealed to Chief Minister B. S. Yediyurappa to save the interests and livelihood of around two lakh micro retailers and over 10 lakh who depend on them in the StateBengaluru: The Karnataka chapter of Federation of Retailers Association of India (FRAI) have appealed to Chief Minister B. S. Yediyurappa to save the interests and livelihood of around two lakh micro retailers and over 10 lakh who depend on them in the State…
To get this crawling industry back to its feet and start running, retailers believe that the budget should address ease of doing business for retailers.Charu LambaDeputy EditorThe retail industry was almost squashed during the pandemic. It is slowly getting back on its knees with the opening up of the economy. To get this crawling industry back to its feet and start running, retailers believe that the budget should address two main things that will bring in ease of doing business for retailers: Freedom from various procedural strangleholds and Access to funds necessary for growth…
Malls and Organised Retail stores across India are looking for breakthrough solutions to resolve the health and safety concerns related to pandemic after they were allowed to reopen after stringent safety guidelines. To help the malls and the entire retail sector to safely reopen, Prama Hikvision has developed an impressive line-up of solutions for the retail sector. These innovative solutions include the Temperature Screening Solution, a Crowd-Flow Management Solution and Social Distancing Solution. These Back-to-business solutions are helping the malls and retail outlets to ensure compliance of public safety guidelines.Malls serve a variety of purposes in local neighborhoods…
23 January 2021, Aninews.in
The much awaited long -weekender is almost here starting from January 23rd, which gives you ample amount of time to unwind and enjoy the best leisure and entertainment activities at Phoenix Marketcity, Pune.One of the highlights is the ‘The Art Harvest’ – an assortment of fine cultural performances to pep up the weekend. With zest and patriotism mood Phoenix Marketcity, Pune is all ready for the Republic Day celebration, where you can enjoy the plump tunes of the Santoorist and the mellifluous fiddling by the Violinist on the best artsy music…
Sarthak Sharma, who founded AutoForSure, India’s number 1 auto taxi booking service provider decided to modify the transport and travel industry, especially from paying due attention to women passenger safety.It also indicates generating employment for the unemployed drivers, who were severely affected by the pandemic. Through this, they aim to help users to find nearby auto-rickshaw or a taxi on their location. The platform has already been the favourite for thousands of people, making their day as efficient as ever…
20 January 2021, Fibre2fashion.com
The Retailers Association of India (RAI) recently urged the government to formulate and implement a national retail policy and let retailers register under micro, small and medium enterprises (MSMEs) to receive benefits, saying the industry needs support after almost being squashed because of crisis induced by the novel coronavirus pandemic.The $854-billion Indian retail sector was one of the worst impacted due to the pandemic. Its ripple effects were felt by all stakeholders down the consumption value chain…
Chandigarh, January 18The state government on Monday assured the Punjab and Haryana High Court of providing necessary assistance to the Central Bureau of Investigation in its probe in the Ambience Mall case.The assurance came less than six months after Haryana Development and Regulation of Urban Area Second Amendment and Validation Act, 2020 came into being. Already, a petition is pending in the High Court alleging that the Act was enacted with the sole purpose of nullifying judgment in the mall case…
17 January 2021, Outlookindia.com
Delhi”s upscale mall Select CITYWALK will give rent discounts and waiver to its tenants till the end of the current fiscal and expects sales to reach the pre-COVID-19 levels in the next 6-8 months.Select CITYWALK Executive Director and CEO Yogeshwar Sharma told PTI that beauty, consumer electronics and athleisure are the top categories where sales have almost recovered, while laggards are cinema, food & beverage, fitness, and entertainment.”Recovery is steady. By December 2020, we reached 62 per cent in terms of footfalls in the mall and the sales recovery is around 70 per cent…
New Delhi, Jan 13 | Delhi police has beefed up security measures ahead of the Republic Day. Safety drills are also being carried out at major strategic point in the national Capital in the supervision of senior police officers along with regular safety checks at areas of heavy footfall and other prominent places here. Anti-terrorist measures are also being taken by the Delhi Police as anti-sabotage checks were conducted at Ambience Mall and DLF Mall in Vasant Kunj by Bomb Detection Team and Dog Squad…
13 January 2021, Retail.economictimes.indiatimes.com
After a very difficult 2020 and with the development of a successful vaccine to combat COVID-19 now seemingly assured, we can begin to take stock of the damage that COVID-19 has inflicted on the country’s shopping malls, with the hope to steadily improve the circumstances.It is still early to definitively pronounce the likely date of return to “normalcy” for shopping malls or what the new normal will look like…
07 January 2021, Mediabrief.com
Don’t we all miss the in-person shopping experience? After all, there is no better joy than in taking your own time, skimming through brands, and getting to shop till you drop.Well, here is your chance. It is that time of the year when you can put on your shopping shoes, thanks to Infiniti Mall Malad’s flat 50% sale on Friday, 8th January 2021and Infiniti Mall, Andheri on 10th January 2021…
SCANNED CLIPPINGS
MALL TALK
With growing awareness of global fashion trends, a growing middle class and rising disposable income, the occasion wear market in India has witnessed aggressive growth….read more
Retail has been undergoing a big change in the last few years and the market has been beginning to become more organized and focused riding on the changing customer behavior trends….read more
The session highlighted the new edition of marketing, discussing new aspects of events in the post-pandemic era. Going by the current situation, it is very important for the mall heads and managers to be aware of the new trends and the factors determining the success of the mall…read more
Phygital and Digital innovation were the key elements that were in demand for all the shopping centres. Every mall took decisive steps in raising their digital and innovations bar…read more
Attendees at the two-day Shopping Centres Next event held in Goa, refl ected upon the innovations that developers and retailers must embark upon…read more
The success of any shopping mall is directly proportional to the success of retailers within that mall who in turn are dependent on the consumer…read more
Sports brand PUMA launched its digitally-enabled experiential store at Orion Mall in Bengaluru. This is PUMA’s largest store in South India…read more
We are a few months into the New Year and business is already buzzing. There’s a lot of positive movement and growth on the cards for brands and retailers across the board. Shopping is picking up and the mood to get back to embracing…read more
It’s been a good start to the New Year and a positive move away from the last two years of the pandemic…read more
Nellore owned one and only mall of the city, has fulfilled the gap of organized retail sector within the city through its premises. Built and designed over a space of 3,20,000 square feet with two basement parking spaces, MGB Felicity Mall, the first of its kind in Nellore, is the biggest mall of Andhra Pradesh. The mall encompasses a variety of retail outlets featuring different brands, apparel, food court, games and movies…read more
Shopping malls had to change a lot of their existing plans and tweak their model to make room for digital, so that they could stay reachable to
their customer base during the pandemic. What next? It is not easy to continue doing business amidst the constant scare of the pandemic and the shopping malls had to consider their customers and the brands each time they decided to bring some new change on their way of working…read more
A game changer for shopping malls in India With COVID the equation for retail has changed. Home dominates the buying habits for consumers today and home-centric purchases are ruling the carts at present. Amidst all these changes, shopping malls too had to prepare themselves to alter their store fronts and offer the consumer something unique and relatable. Amidst all this, the F&B segment has emerged as a game changer for malls. This sector is pulling back the crowds to the shopping malls and helping been adopted by restaurants through their respective applications. 5% to 10% of sales is through contact less ordering mode,” Vinay Chandra, Center Director, Pacifi c Development Corp Ltd. mentioned…read more
Influencer marketing is one of the most popular marketing trends and is expected to grow to be worth $13.8 billion by the end of 2021. This marketing trend is a hybrid of old and new marketing tools and it takes the idea of celebrity endorsement and places it into a modern-day content-
driven marketing campaign. The main differentiator in the case of infl uencer marketing is that the results of the campaign are collaborations
between brands and influencers… read more
India’s shopping centre industry celebrated a triumphant return to the first on-ground mega industry gathering in over 18 months at the Shopping Centres Next in association with Shopping Centres Association of India (SCAI) and powered by Bestseller India event at the Grand Hyatt, Goa on September 1-2, 2021… read more
With malls getting back on feet once again, across India, more than the footfalls or sales the team behind each shopping centre is more concerned about customer safety. They are observant of the ongoing norms and in preparation of the festive sales are gearing up to support the customer with best support… read more
As the grand finale of Shopping Centres Next 2021, India’s largest shopping centre intelligence event, the IMAGES Shopping Centre Awards (ISCA) 2021 powered by Bestseller India recognised excellence in the country’s retail real estate industry last night… read more
Greater Noida: To recover land allotment dues from developer he district administration has decided to monetise the operational assets of defaulters. To start with, the administration will take over the operations of the gondola rides in Greater Noida’s Grand Venice mall… read more
Paws n Collars leader in pet health and nutrition, announced the launch of its first-of-its-kind on dedicated pet mall in India – in HSR layout. Paws n Collars offers premium services for pets and pet enthusiasts like pet grooming veterinary care, cafe and retail, all integrated facilities under one roof with top drawer food, treats, toys, grooming and wellness care. A promising extraordinary experience like never before in India… read more
Inorbit mall, Hyderabad in order to enhance the shopping experience of their customers has conducted a workshop for the retailers. This workshop was hosted by Mrs. Greeshma Thampi, a certified Image consultant and corporate trainer with an objective to help retailers understand the concept of modern luxury and how to offer an elevated experience to the customers for this segment… read more
Select CITYWALK offers a poignant tribute to the heroes who stepped up to help those most in need in the grip of the second wave of the COVID-19 pandemic this year. Featuring real people who brought smiles, hope and relief to countless suffering citizens during the dreaded second wave, this campaign reminds us that we all have the potential to make a difference… read more
France could ease health pass restrictions that are hurting the activity of large shopping malls if the COVID-19 epidemic situation keeps improving, Labour Minister Elisabeth Borne said on Saturday… read more
One of Delaware’s shopping malls could be shifting toward industrial warehouse use, while others continue to plug new businesses into vacancies opened, in part, by the pandemic… read more
Noida Managers of shopping malls in Noida say they are doing better business this year as compared to the post-unlock period in 2020, and they are witnessing a good footfall during the end of season sales… read more
Pacific Mall, Tagore Garden, is now looking to satiate the culinary palettes of its customers. One of the NCR’s busiest and most active cafés, Cafeteria and Co, will now be operational here to provide a superior casual dining experience to the mall patrons… read more
Multiplex chain PVR Cinemas on Thursday announced that its theatres will be reopening from July 30 with all of its staff fully vaccinated against Covid-19. In a statement, PVR said that its cinemas will resume operations from July 30 in states and union territories that have allowed theatres to reopen… read more
The Greater Chennai Corporation (GCC) has devised a plan to vaccinate around 60,000 people who work at 10 malls and 38 street markets in the city. Over and above this, regular shoppers too can get a free dose of vaccine if they happen to visit the malls/markets when the vaccination drive is taking place… read more
KOLKATA: For the malls across the city, this weekend — after further relaxation of timing from July 16 and the resumption of Metro — was the best so far in one month of operations since the Covid-induced restrictions were put in place. The footfall of people and sales went northwards and it would have been better, if Metro was operating on weekends… read more
KOZHIKODE: Major commercial centres in Malabar, including the SM Street in Kozhikode, sprung to life on Sunday following the relaxation of Covid-19 regulations announced by the state government for three days in view of the upcoming Eid-ul-Zuha festival… read more
Tesla showrooms have been a staple of many high-end shopping malls, but that could be changing. The electric car maker is shuttering a number of stores in favor of less-expensive locations, according to a report from Electrek… read more
The S*U*N Virtual Mall, located in the north-central part of Pennsylvania is attracting attention from the press, potential store owners and shoppers. The mall, the first of its kind in the U.S., which opened had been planned since last November by entrepreneur Art Lieberman as a philanthropic method of keeping local brick and… read more
The Thai Shopping Center Association (TSCA) has urged the government to launch immediate measures to help rehabilitate the business sector and reduce the impact of the pandemic… read more
Bluedot, the leading provider of location technology for mobile apps, and Adeptmind, a leading AI retail technology company creating advanced digital discovery solutions for retailers and shopping centers, are banding together to address the gap between soaring demand for fast and easy curbside pickup and the challenge facing many brick and mortar stores… read more
Even in the depths of the 2009 financial crisis, it was never this bad for the owners of the world’s biggest shopping malls. New real estate industry data for June reveals that vacancy rates in the United States’ indoor malls could surpass those in suburban shopping centers and strip malls… read more
At India’s largest transit oriented development, Seawoods Grand Central Mall, over 60% of the electricity will be supplied from the solar power plant which we built ground up in Katol, Nagpur, during the course of the lockdown. As an immediate effect, our CO2 emissions will reduce by over 8000 tons. We will continue to strive to become more environment friendly by using green energy… read more
The “rush-to-be-first” has gone into hiding. Masked visitors and establishment owners appear extremely patient. From entry points to washrooms and from escalators to food courts, hygiene takes the front seat… read more
The chill in the air has turned city malls into hot destinations this winter, driving up footfall and sales in the run-up to the year-end festivities… read more
It’s that time of year again. After spending months largely cooped up in their homes, people are ready for the festive season and all the joys it brings: twinkling lamps, gifts, laughter and soul food. And after being forced to lie dormant because of Covid, mall owners, too, are ready to spring into action… read more
Even as the retail sector is gradually picking up aided by pent-up demand and festival offers, retailers still expect recovery to stretch across 2021. Many in the industry fear the scenario could compel mall tenants to ask for more rental waivers from developers and landlords post-March 2021… read more
With the holidays all over except for the returns, it’s time for the troubled mall sector to face the existential crisis that it avoided thanks to what looks like a decent season in terms of foot traffic, despite the pandemic… read more
For generations, malls were a type of town square, a one-stop shop for restless teenagers and busy parents wanting to pick up gifts, fill out wardrobes or just get out of the house… read more
SCAI DOSSIER
As e-commerce players earn big this festival season, India saw a de-growth of 11.8 per cent in retail sector jobs from August 2021…read more
Dussehra and Diwali have historically been an occasion for selling full-priced merchandise and most brands refrain from offering discounts on newer collections and products…read more
Even the Index of Current Economic Conditions (ICC) fell by 1.2% in August on the back of sharp dip in the propensity of the rural households to buy consumer durables…read more
Even the Index of Current Economic Conditions (ICC) fell by 1.2% in August on the back of sharp dip in the propensity of the rural households to buy consumer durables…read more
Panel discussion on one of the most potent topics in the world of Retail and E-Commerce – Brands ensuring Seamless Omnichannel Delight to the New-Age Consumer…read more
How New-Age brands are Setting Benchmarks in Digital Business? This panel of stalwarts answer all your queries…read more
Omaxe Chowk is bringing a wide range of jewellery solutions under one roof and endeavours to become an end-to-end jewellery marketplace…read more
Top local retailers are looking to add anywhere between 5,000 and 7,000 stores in the next 12 months…read more
Most of the shopping malls in Delhi are getting an upgrade and developing extra area to open more stores…read more
If footfall and sales at city malls in August and the first September weekend are any indicator, the festive season will set new benchmarks in mall retail, overtaking the previous record set in 2019 prior to the start of pandemic…read more
If footfall and sales at city malls in August and the first September weekend are any indicator, the festive season will set new benchmarks in mall retail, overtaking the previous record set in 2019 prior to the start of pandemic…read more
Retail sales are seen 15% above pre-pandemic level this fiscal…read more
NEW DELHI : Fast moving consumer goods companies are ramping up supply chains and investing in marketing campaigns as they expect stronger sales this festival season…read more
Leasing mainly by fashion, apparel brands with a 35% share in total absorption…read more
The retail sector leasing in India increased by about 166 percent Y-o-Y crossing 1.5 million sq ft…read more
E-commerce platforms are obliged to display the FSSAI license and registration number of the concerned entity on their platforms, a spokesperson for FSSAI said in an emailed statement…read more
Higher-income consumers have largely shrugged off the impact of inflation to spend on discretionary goods including apparel and bags, buoyed by their savings during the lockdowns…read more
As of June 30, 2022, Inox has 163 properties with 692 screens and a total seating capacity of 1.55 lakh. In FY22, its revenue from operations was at Rs 677.87…read more
With this, the company has leased over 3 lakh sq ft so far. The leasing includes 2.5 lakh sq ft in retail and approximately 56,000 sq ft in its 4-star hotel…read more
Executive Director, DLF Retail, on Indians as community shoppers, the surge in luxury buying and why shopping at a store will never go out of fashion…read more
The retail sector made a robust recovery in Q2 (April-June) 2022, with transaction activity growing by more than 100 per cent on a quarter-on-quarter basis…read more
NEW DELHI : In-store experience is becoming critical to growth, considering its ability to not only boost sales, but to also increase customer engagement,…read more
The retail sector made a robust recovery in Q2 (April-June) 2022, with transaction activity growing…read more
NEW DELHI : Retailers are banking on 5G and 5G- enabled smartphones to stimulate..read more
An analysis by Bizom, a platform that automates retail execution at 7.5 million kirana stores, reveals a shift in consumption towards high-value packs. The development follows signs of moderation in inflation, especially in branded commodity products…read more
The online BPC market in India expanded significantly in the last few years driven by a steep increase in e-commerce adoption…read more
Despite lower profitability, comfortable balance sheets and better working capital management will keep the credit profiles of players stable…read more
In Gurugram, the company has taken up a space in a mall for a hypermarket. “This is under construction. This should be operational in about a year-and-a-half,” Shibu Philips, Director-Shopping Malls of Lulu Group India told Moneycontrol…read more
The company is the country’s largest retailer. Its net profit was nearly three times the combined profit of the nearest five listed retailers…read more
Kirana stores have been losing momentum as consumers shift to modern trade and online channels, which is growing between 29-60%. In comparison, the kirana channel that accounts for…read more
The promoter of Select group has not added any mall to the portfolio in the 15 years of operation of Select Citywalk and with no plan for expansion, the owners want it to be part of REIT…read more
Inflation has reached multi-decade highs in many parts of the world, forcing central banks to tighten monetary policy as their mandate is to maintain price stability…read more
NEW DELHI : Makers of consumer durables are banking on a better festive season to help lift sales of premium household appliances after drawing a blank for two years…read more
We are also opening in some other countries of the Middle East. We are opening our first store in the…read more
NEW DELHI : In-store experience is becoming critical to growth, considering its…read more
The ICS needs to cover lost ground in the next ten days to ensure that it does not post a contraction…read more
The consumer basket in India has been adversely affected due to the high food inflation and weak macro environment…read more
NEW DELHI : Citing higher costs from commissions and promotions, restaurants have begun charging consumers an average of around 10% more…read more
According to a top company official, Ingka Group (which also includes IKEA Retail and Ingka Investments)…read more
31 new malls will be opened in around 12 cities, including Tier 1, 2 & 3 cities. It is expected that jobs in the retail sector with the opening of new malls will see a massive rise…read more
Nomura analysts, however, expect inflation to average 6.0% in 2023 as compared to 5.9% in their previous forecast…read more
High-end Italian fashion giant Gucci has become the first major brand to start accepting payments in the form of the Bored Ape Yacht Club-affiliated ApeCoin (APE)…read more
“We expect a healthy growth in the upcoming festive season, as there is pent-up demand in the market,” said Ahammed MP, chairman, Malabar Gold & Diamonds…read more
“We have forecast double-digit growth this festive season over the festive months of 2019,” said Vishal Chaturvedi, vice-president (South Asia), The Body Shop. “This includes gifting across various upcoming festivals, Diwali and the wedding season. People are also coming back to physical stores after the last two years of stress, which were bad for us as well…read more
Inflation and fears of a recession are at the forefront of consumers’ minds, and spending on tablets has taken a backseat as the need for pandemic-era levels of use has fallen, according to a Canal’s report…read more
In challenging times such as a crisis, e-tailers need to think in terms of cooperation with their brick-and-mortar retail competitors. Coopetition, a term coined by Raymond J…read more
The pandemic pushed new-to-online shoppers and existing shoppers to increase their online purchasing…read more
The current situation index (CSI) rose by 1.4 points from 75.9 in May to 77.3 in July…read more
UAE-based multinational retail conglomerate Lulu Group International plans to more than double its footprint in India over the next two-three years, a top executive told ET…read more
The 1.2 million square feet “Ambience Mall” in the posh southern district of India’s capital…read more
As per a latest development, the government will soon start a pilot project, under which goods…read more
Under the collaboration, both the companies will jointly evaluate opportunities…read more
India’s largest quick service chain, Domino’s Pizza which operates 1,625 outlets, launched…read more
A total of 15 new malls will enter the market spread across 12 cities this year and in 2023…read more
India will now be keeping tabs on your spending online, electronic products such as mobile phones…read more
On the operational front, DLF’s sales bookings doubled to Rs 2,040 crore during the first quarter…read more
Driven by pent-up demand, improving vaccination coverage and a pick-up in economic activity…read more
Analysts said India has been resilient amid slowing global growth. The IMF has slashed…read more
Reliance’s retail division, which runs over 15,866 stores across groceries, consumer electronics and apparel, posted revenues of Rs 51,582 crore in the three months to June, with net profit at Rs 2,061 crore…read more
Although trade is on a recovery path, the retail sector, especially shopping malls, is banking heavily on the festival season to boost sales following the pandemic-induced slump…read more
Tobacco-to-FMCG-to-hospitality conglomerate ITC is finally exiting the lifestyle business, which it had entered almost two decades back under Wills Lifestyle brand…read more
Its revenue from operations rose to Rs 981.40 crore in comparison to a lower base of Rs 59.39 crore in the corresponding quarter last fiscal, when the screening business was disrupted due to the second wave of the coronavirus pandemic…read more
This follows the Delhi High Court staying guidelines issued by Central Consumer Protection Authority (CCPA) which prohibited restaurants and hotels from levying service charges on bills…read more
The FMCG sector went through a difficult phase in the last two years. But, after the recent drop in commodity prices, are things looking up for the sector now? Our next report takes a deep dive…read more
In the India e-tailing GMV Index, there is a monthly growth comparison. In 2022, this was 60 per cent higher in April than April 2021…read more
One recent concept that is emerging in the Indian context is that of co-retailing, where two or more than two brands share a retail space, thus adding to the lucrativeness of the proposition being offered…read more
The company said its Home Care segment delivered 30 per cent growth driven by strong performance in Fabric Wash and Household Care. Both categories grew in high double-digits, with all parts of the portfolio performing well, it said…read more
“Lulu Lucknow will be our fifth mall in India. The mall will house many national and international brands including, first-timers to Lucknow, UP, like Lulu Hypermarket, Funtura, Lulu Fashion Store, Lulu Connect, Chili’s to name a few,” said Shibu Philips, Business Head of Lulu Mall…read more
After a prolonged period of upheaval due to the pandemic, the Indian retail sector is on the upswing lately. COVID-19 brought in new trends and created a more digital-centric consumer who expects frictionless transactions, personalized experiences…read more
Tune in to this intriguing Panel Discussion on Winning in the age of ‘Fast Delivery’- How ‘New-Age’ Brands are Redefining Today’s Retail Business?…read more
Panel Discussion on Digitising In-Store and Online Experience- How AI is taking Traditional Retail Experience to the Next Level?…read more
PVR Cinemas on Friday launched its first multiplex at VRC City Mall in Patiala, Punjab, the company informed the exchanges…read more
On an average, rentals for properties housing luxury brands are nearly double compared with mass-priced lifestyle brands. DLF is looking to more than double its retail portfolio and add about 5 million sq ft in the next 5-6 years with an investment of about ₹3,000 crore, the executive said…read more
Over the past two years, many people utilised the time they saved on commuting to and from office for shopping during weekdays. And the trend has accelerated over the past two months, retailers and mall operators said…read more
The store design follows the new fleet of the NextGen store format that enables consumers to immerse themselves in brand experience across customization, fit, and style…read more
Commenting on the increasing use of technology in retail, Sunil Kataria, CEO, lifestyle business, Raymond, told ETRetail that the brand is actively using digital technology like visualization, store locators, and geo-fencing, to understand the consumer’s journey better and improve their shopping experience…read more
Spread over 12.2 acres, the 460,000sq ft IKEA Nagasandra store will feature over 7,000 affordable, good quality, sustainable and well-designed home furnishing IKEA products along with inspiring home sets to instill creative ideas to decorate your home…read more
Reliance Industries Limited’s mall chain Nexus Malls has partnered with Jio-bp, a fuel and mobility joint venture between RIL and bp, to launch electric vehicle charging stations across its 17 malls in 13 cities…read more
The company said the funding round was led by Alpha Wave Ventures with participation from all existing investors — Elevation Capital, Tiger Global and Think Investments…read more
Among the 1,013 urban respondents polled online during 7-10 June, 46% said their cost of living has gone up ‘a lot’ compared to 12 months ago, while 33% said it has gone up ‘a little’…read more
The brand will predominantly focus on the saree business which is a Rs 50,000 crore market growing at a compound annual growth rate (CAGR) of 6-8 per cent, a top company official said…read more
The Skechers distribution centre will expand the company’s existing distribution capabilities five-fold, transitioning its existing facility to a technologically-advanced centre increasing the company’s ability to grow its business in India over the next 5-7 years, according to a statement…read more
We’re opening close to 80 – 90 stores per year, and aim to maintain that pace. In the next three years, we aim to become a Rs 1,000 crore company in terms of revenue…read more
The pandemic got even the digitally non-savvy to start shopping online. But today, malls are once again often bursting at their seams…read more
The jewellery retailer plans to open 500 new showrooms by 2025 creating employment for around 11,000 people, it said. Currently, Malabar Gold & Diamonds has over 280 showrooms across ten countries and 14 manufacturing units in five nations. The company presently employs a total of 14,169 management staff…read more
New Delhi: Lulu Group on Thursday said it has leased out approximately 6 lakh sq ft space within its upcoming Lulu Mall in Lucknow that is set to open doors to shoppers in the coming month…read more
The company has planned malls in Gurugram and Goa and high streets in Gurugram, in addition to retail space in its upcoming residential and commercial developments, the majority of which will be launched this year…read more
The company is eyeing both standalone shopping centres as well as a clutch of malls as potential acquisitions, which would be upgraded and turned around, said a top executive…read more
Private-equity firms have spent decades raking in giant sums from pension funds and other big institutions. Now they are going hat in hand to a different kind of investor: everyday millionaires…read more
Benq India, part of Taiwan-based Benq Corporation, expects the 50:50 ratio from both the segments to continue as government and enterprises need these kind of devices. Private educational institutions and the government are investing on smart classrooms, he added…read more
Mahesh Anand tells Shreyashi Mukherjee about what the company’s future plans are for Karnataka, on an air-purifying paint and state’s colour choices…read more
Omaxe Chowk has launched first-of-its-kind co-retail spaces in its multi-level parking cum commercial project in Chandni Chowk. The project will go under fit-out soon…read more
UP launched their 3rd Investment Summit and ground breaking ceremony…read more
The number of cloud kitchens in India has shot up since the pandemic. A Redseer report estimated the size of the market would touch $3 billion by 2024, from just $400 million in 2019…read more
Navigating the Covid-19 pandemic and the subsequent unusual occurrences was and continues to be an incredible endeavor. From mass shop closings, severe occupancy limits to demand issues and global supply constraints, merchants and customers all over the world have been pushed to adapt…read more
Apparel chain, V2 Retail, is zeroing in on high-street markets in tier 2 and tier 3 cities of UP, Odisha, and Bihar for their further expansion. The company, which has its presence…read more
“The growth strategy of the company continues to be aggressive. Our categories have headroom for penetration. There are new opportunities whether it is in healthy ageing products, plant-based nutrition, healthy snacking and the toddler segment (for nutrition)…read more
The company has appointed ex-Facebook and Bain executive, Prashanth Aluru, as the CEO and co-founder to lead the build-out of this new venture…read more
The evolving customer preferences and the desire for a sophisticated shopping experience have transformed India’s retail market. Despite the pandemic setbacks,…read more
Mall of the Millennium in Pune and Mall of Asia in Bangalore will become operational by first half of FY24…read more
With majority of our upcoming projects being focused at the food category, we plan to have more atta and dal units, one large soya badi unit, one rice unit, two mustard oil and a rice bran oil unit…read more
The UAE-based retail major Lulu Group on Tuesday said it will invest Rs 400 crore to set up food park in Kerala…read more
Fashion designers occupy a unique position in our society. Their talent and vision impact how people…read more
This post-Covid shift in consumers’ mindset and availability of more discretionary expense (redirected from travel) has made home textiles a rapidly emerging and one of the fastest recovering sectors after the pandemic…read more
NEW DELHI: One of the key pillars that will form the foundation of new age retail in India is social commerce…read more
These days, corporate entities are not only focusing on their businesses but also looking for ways to make an impact in the communities around…read more
While hassle-free returns have been part of the in-store sales experience for a long time now, in e-commerce, easy product…read more
Press Release – Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015…read more
The Milan fashion powerhouse made the move after its licensing deal with Shiseido was terminated last year, the latest in a series of licensing agreements that Dolce&Gabbana had entered since launching fragrances 30 years ago…read more
The ‘early harvest’ deal includes tariff reduction and market access for more exports, and will be followed by a comprehensive free trade agreement later. Announced in September 2021, negotiations on the deal were completed in record time…read more
In India, the garment and textile industries are immensely important. In addition, the Indian garment market is quickly expanding. A large assortment of formal, casual, and stylish clothes are also available in the sector…read more
The food authority had in 2018 notified a separate regulation for alcoholic drinks called the Food Safety and Standards…read more
Restaurants are again teeming with diners, airports with fliers and markets with life. People are now stepping out and loosening their purse strings. How is India’s economic recovery shaping up now?…read more
After seven quarters of profits and growth, Shoppers Stop has an aggressive plan to expand the company’s growth…read more
In the domestic market, the focus will be on expanding omnichannel presence and direct-to-customer sales…read more
Max Ventures and Industries has announced today that Max House – Phase 1 is now 100% leased out to marquee domestic and international clients…read more
KOCHI: With electric cars rolling out in large numbers, the power department and ANERT have begun to push for setting up more charging…read more
NEW DELHI: Around 1,000 new charging points for electric vehicles (EV) are expected to come up across the city with the top malls in Delhi committing…read more
Sales of top retailers such as Reliance Retail, Shoppers Stop, Aditya Birla Fashion & Retail (ABFRL), Avenue Supermarts, Bata and Titan…read more
In the last two years, the fashion industry has gone through major transformations owing to multiple factors like rapid adoption of e-commerce…read more
Paper receipts have been with us for years! But, it is no news that it’s difficult to store these important documents. Your customer needs…read more
Sometimes, brands outlive the companies that launched them. Like that memorable LIC tagline, these brands stay on, zindagi ke saath bhi, zindagi ke baad bhi…read more
The furniture market, one of the oldest markets in India, has long remained without any major change or disruption with consumers…read more
A retail business’s POS system is one of the most important components of its success. A retail business with a high turnover rate needs an intuitive point-of-sale system that is easy to train new employees. Your Point of sale should also automatically capture customer and employee data as well as sales and inventory information. Your profits will increase as a result…read more
In India, the garment and textile industries are immensely important. In addition, the Indian garment market is quickly expanding…read more
The government is expecting an investment of Rs 34,090 crore under the PLI scheme for large-scale electronics manufacturing, mainly mobile phones…read more
The government is expecting an investment of Rs 34,090 crore under the PLI scheme for large-scale electronics manufacturing, mainly mobile phones…read more
Nashik: The Nashik Municipal Corporation (NMC) has decided to construct shopping complexes at two locations along…read more
The growth of retail ready packaging market is driven by the ongoing expansion…read more
The government of Dubai recently inked an agreement with India to ramp up infrastructure investment…read more
The global leader in pen tablet market, Wacom India is expanding its retail presence in the country. The key supplier of pen and multi-touch…read more
The global video analytics market size is expected to be worth $14.9 billion by 2026, growing at a CAGR of 20.4 percent…read more
NEW DELHI: The uniform 12% rate of GST on all footwear shall go a long way in facilitating trade and promoting ease of doing business…read more
Two malls in Delhi- Select City Walk and DLF Mall in Saket have become the city’s first fully vaccinated markets. All the shop owners and employees working here are fully vaccinated…read more
John Jacobs plans to expand its retail strategy in India with a bang this new year…read more
New Delhi: Malabar Gold & Diamonds, a Kerala-based jewellery major will invest Rs 800 crore to open 22 new showrooms in India and abroad as a part…read more
Customised Ayurveda beauty brand Vedix said it has launched onion based hair pro products, joining the league of large consumer companies including Marico…read more
Kolkata: Metro Brands, one of the largest Indian footwear specialty retailers, is planning to open 260 stores in 2-3 years. In the third quarter…read more
Ecommerce giant Amazon.com is in talks with realty developer DLF to take on lease over 600,000 sq ft of office space at its upcoming project…read more
KOLKATA: Next time you want to clear your property tax dues, take help of a Chatbot service and get linked to a payment mode and you can use…read more
India and UK formally launched talks last week for concluding FTA by early 2023. Richard Heald – Executive Chair, UK India Business Council in a wide ranging interview…read more
New Delhi: Lifestyle retail brand FabIndia plans to raise up to Rs 4,000 crore through an initial public offer and in a novel approach, the company’s promoters…read more
Premium beauty-care products maker Lotus Herbals has acquired a 25% stake in direct to consumer (D2C) skin-care brand Conscious Chemist, its first…read more
Jubilant FoodWorks, the franchisee for Domino’s Pizza, will launch the iconic US-based fried chicken brand Popeyes…read more
FMCG sales dropped 14.4% month-on-month in November, according to data sourced from Bizom. Photo: Indranil Bhoumik/Mint…read more
Patanjali has prepared a plan to solve the problems of farmers and agriculture and unveiled a book titled ‘Nav Harit Kranti – An Agro Vision…read more
The petitioner argued that since the bag had the logo of D’Mart, it was not fair on the part of retail company to charge for the carry bag…read more
With government and district collectors directing owners of malls, theatres, entertainment centres and others to allow only vaccinated people…read more
New Delhi: Abu Dhabi-based retail and food & beverages group Tablez announce it has opened its first toys retail store, House of Toys, in Bengaluru…read more
Trivandrum Lulu mall, Kerala”s biggest shopping centre, will be inaugurated by Chief Minister Pinarayi Vijayan here on Thursday. The Biggest mall in the country is built with high facilities costing Rs 2,000 crore investment…read more
The Lulu Group already has three operational malls in India and will open two more mall in the country by March next year…read more
Tata Group’s reentry into the beauty segment will give this market a further push, leading the already existing beauty and personal…read more
Blackstone Group, the entity behind India’s maiden real estate investment trust (REIT), is now planning to list the country’s first retail properties-centred REIT…read more
The Wholesale Price Index (WPI), which acts as a proxy for producer prices, grew 14.23% in November…read more
Marquee investor Rakesh Jhunjhunwala-backed Metro Brands, which is one of the largest Indian footwear specialty retailers in India…read more
Aditya Birla Fashion and Retail Ltd (ABFRL) has signed a long-term licensing agreement with US-based brand management…read more
India’s retail inflation likely accelerated last month towards the upper limit of the central bank’s target range as fruit and vegetable prices climbed…read more
BENGALURU: Namma Metro’s non-farebox revenue will be increased to 25% in two years, according to BMRCL MD Anjum Parwez…read more
MUMBAI: The malls division of Swedish furniture giant IKEA will invest around Rs 7,000 crore ($928 million) in two centres it plans to build on the outskirts…read more
New Delhi: Indian shoppers, as well as consumer goods companies, are taking the multi-channel approach after the pandemic changed customer habits…read more
Indian consumers have started opting for lower-priced packs or unbranded products of food, grocery and daily necessities as rising prices… read more
COPENHAGEN: Jewellery maker Pandora would prefer to invest in physical stores or its own online sales platform rather than join large e-commerce marketplaces… read more
MILAN: Armani Group said on Wednesday it would no longer use angora wool starting from the 2022-23 autumn/winter season, adding it to the list of excluded… read more
Footwear retailer Metro Brands Ltd, which is likely to come out with its initial share-sale by the end of the month, will utilise Rs 250 crore… read more
West Indies cricketer Dwayne Bravo is venturing into fashion with the launch of his clothing line Djb47. The launch is in partnership with Singapore… read more
Retail chain DMart has leased 43,000 sq ft at Spaze Edge in Sector 47, Sohna Road, Gurgaon. The retail chain will open from January 26, 2022… read more
The government proposes to have a national retail trade policy for creating a conducive environment to streamline the growth of all formats… read more
New Delhi: Home appliances and consumer electronic maker LG is strengthening its lead in the washing machine segment as the new players enter the market… read more
New Delhi: Home appliances and consumer electronic maker LG is strengthening its lead in the washing machine segment as the new players enter the market… read more
Bata, while announcing its results for Q2FY22, said that it continued with its retail expansion drive in tier 3-5 cities through… read more
Several consumer goods companies said they could only slightly tweak their terms of trade with organised wholesalers, such as Reliance, Metro Cash & Carry… read more
Sebamed unveiled yet another intriguing campaign #NoConditionsApply for its hair care portfolio. Focusing on educating and empowering consumers… read more
The Centre has approved investment proposals of 60 processed foods companies including Hindustan Unilever, Dabur, ITC, Amul, Nestle, Parle and Britannia… read more
The company aims to add over 100 stores next year alone; overall goal is to have 2 mn sq feet over next few years, form 1.1 mn sq ft currently… read more
NEW DELHI: Handset maker Realme said that it is increasing its focus on non-smartphone business in India and is looking to venture into over 15 new product… read more
NEW DELHI: The UAE-based retail giant Lulu Group on Saturday announced it will invest Rs 2,000 crore to develop a shopping mall near Ahmedabad in Gujarat… read more
PUNE: Amid the festive sales last month, traders and industry experts noticed a greater demand for ‘smart’ appliances, artificial intelligence-incorporated… read more
Online marketplaces Pumpkart.com and Figgital will open over 1,200 modern retail stores in Uttar Pradesh, according to a statement. Pumpkart and Figgital… read more
Reliance Retail recently announced the country’s first open air roof-top theatre, where people can drive… read more
IKEA ‘s shopping malls business, one of the world’s biggest, said on Monday its tenants’ sales were up 16% at constant… read more
Retail rentals are recovering after more than a year of decline with sales in general having almost gotten… read more
Malls recorded high footfalls on the weekends before and during Diwali as people came out in droves to shop… read more
Chennai: As Shobana Navaneethan stirred a little blue food colour and almond oil into her oat bran… read more
Mumbai: Billionaire industrialist Gautam Adani will be pouring more resources into acquisitions as he doubles… read more
New Delhi: Indian Sellers Collective, a non-governmental trade association committed to bringing… read more
Post Covid, India has a unique opportunity to gain market share from other geographies to further cement… read more
Mumbai: Bengaluru-based food entrepreneur Tirthankar Banerjee opened his first delivery-only food brand… read more
PARIS/CHICAGO/NEW YORK: When Whitney Bromberg Hawkings launched her London-based… read more
New Delhi: Skincare brand SkinKraft, a part of the Hyderabad-based Incnut Group is hoping its revenue… read more
Global spirits major Diageo is embarking on a mission to be a top performing consumer products company… read more
NEW DELHI: Online grocery retailer BigBasket has opened its first brick-and-mortar store in Bengaluru… read more
Starbucks aims to hasten its India expansion with smaller stores and drive-through… read more
An increasing number of Indians are turning to the digital channels for payments. A new study has found… read more
Indicating signs of improvement, think-tank NCAER on Tuesday said its Business Confidence Index… read more
Bhartiya Urban, an integrated developer of large-scale real estate and commercial projects, announced the launch…read more
The festive season has not just come as a respite for many businesses, but also for shoppers… read more
Reliance’s move comes on the heels of several investments made by ABFRL in the segment… read more
New Delhi: Food delivery firm Swiggy has introduced a two-day paid monthly periotime-off policy… read more
Mukesh Ambani has expanded into luxury retail with his latest 40 per cent stakepurchase in designer… read more
Faced with “unprecedented” inflation in certain commodities like palm oil, crude based derivatives and tea… read more
The new work-from-home normal is expected to have a “positive impact” on the branded plywood industry as people move… read more
New Delhi: Silver jewellery startup Giva on Monday said the company is expecting a three-fold jump… read more
Amazon is teaming with payments company Affirm to offer online shoppers a buy-now-pay-later option… read more
AHMEDABAD: Food and flavours from back home invariably bring along a lot of nostalgia and joys… read more
At a time when direct-to-consumer (D2C) brands are finding growing acceptance among consumers… read more
The consumer durable industry is expecting double-digit growth in the festive season sales this year… read more
Singapore: Last week, news reports from Singapore emerged that Shopee, the number one e-commerce… read more
The move will be taken after the demerger of the paints division into a separate entity. The demerger is expected… read more
Parle Products aims to produce nutritious cereals for an energizing breakfast Country’s leading biscuits… read more
The company is also developing a TV designed in-house, but it’s unclear when that might be released… read more
New Delhi: Walmart-owned Flipkart on Wednesday said it has bolstered its delivery network… read more
NEW DELHI: Passengers at New Delhi Railway Station are in for a lavish feast with the Indian Railway Catering and Tourism… read more
New Delhi: Shoppers Stop, a retailer of fashion and beauty brands, has collaborated with Accenture… read more
NEW DELHI: Men’s grooming products brand The Man Company aims to log over Rs 300 crore in net revenue… read more
NEW DELHI: Xiaomi overtook Apple to become top-shipping wearable brand in Q2, 2021, according to a report… read more
NEW DELHI: Reliance Retail is set to launch a chain of store under the brand name of Avantra… read more
मॉल सुरू करण्यासंदर्भात पुण्यात कामगारांचं आंदोलन | 7 Aug, 2021 | BR News
Hyatt Regency In Mumbai Shuts Down Until Further Notice Over Lack Of Funds | 8 Jun, 2021 | CNBC Tv18
Delhi Malls, Markets To Open On Odd-Even Basis, Metro At 50% Capacity | 5 Jun, 2021 | NDTV
How Are Malls, Restaurants & Hotels Coping With Rising COVID Cases? Experts Discuss | 03 Apr, 2021 | CNBC-TV18
Drive in Vaccine ki suruwat hui mumbai k kandiwali k Growels Mall ki parking me
Growel mall में वैक्सिनेशन इन ड्राइव का उदघाटन
Shopping Malls -an Institution of social change | 22 oCT, 2021
#MilteHaiPhir | Growel’s 101 welcomes you back, Mall re-opens on 5 Aug.
Safety Measures At Oberoi Mall!
Here’s a glimpse into the relentless efforts of team #RCity, to welcome you back!
New Normal at Infiniti Mall
A Step towards Surety of Safety | #EkNayaKadam | #VivianaCares
Join us and make happy memories again. Welcome back to #DLFShoppingMalls!
Experience Safer Shopping and Create Blissful Memories at Phoenix Marketcity Bangalore
LuLu Mall Reopens!
LuLu Mall | Guidelines for Shopping
Mall of Travancore | Putting prevention at the forefront of leisure.
Know how Prestige Group’s 8 malls are set to reopen next week by their COO, Muhammad Ali
#EkNayaKadam 2020 | Viviana Mall
R City – Khushiyon Ko Bikharne Do
Wishing You A #HappyIndependenceDay | Viviana Mall
Let us salute the spirit of freedom. Happy Independence Day! | DLF Shopping Malls
DLF Avenue Turns 2 | 2gether Forever
ONLINE NEWS
SCAI DOSSIER
As there is a continuous shift of brands to online marketplaces, women now have an equal and realistic chance to make their mark in the D2C space. On this backdrop, the women leaders share their insights with ETRetail on the changing landscape in the retail industry…read more
Indian By 2026, the cities of Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai Metropolitan Region, National Capital Region and Pune will add 25 million sq ft of space, to the existing stock of 51 million sq ft, the report said…read more
Indian consumers showed increasing optimism about the general economic conditions and household income, according to a survey conducted by the Reserve Bank of India in January…read more
Express Avenue- “The Destination Mall of India”, one of the leading malls in Chennai announced that their 2022 Christmas and 2023 New Year and Pongal festive seasonsbusiness saw a strong performance and record sales…read more
Delhi-based Unity Group has formed a joint development agreement with Parsvnath Developers to develop 450,000 square feet of retail area with an investment of ₹200 crore,said Unity Group co-founder Harsh V Bansal. The bridge-to-luxury mall is located near Netaji Subhash Place metro station and the land is on lease from Delhi Metro…read more
“The industries that did particularly well during this period were the QSR (quick service restaurant) and the footwear industries, with a 30 per cent growth compared to 2019,” RAI said…read more
Occupying over 532,747m2 of land in India, the group has so far invested a total of $621 million to develop shopping malls, hypermarkets, food processing centres, and other related businesses in the country…read more
Demand for fast moving consumer goods is expected to recover in the second half of the current financial year, said analysts…read more
As e-commerce players earn big this festival season, India saw a de-growth of 11.8 per cent in retail sector jobs from August 2021 to August this year, a report showed on Friday…read more
After the first wave of the pandemic, revenge purchases along with postponed weddings boosted demand, resulting in an exceptionally good Dhanteras in 2021, with sales crossing even the pre-pandemic levels…read more
After the first wave of the pandemic, revenge purchases along with postponed weddings boosted demand, resulting in an exceptionally good Dhanteras in 2021, with sales crossing even the pre-pandemic levels…read more
As e-commerce players earn big this festival season, India saw a de-growth of 11.8 per cent in retail sector jobs from August 2021…read more
Dussehra and Diwali have historically been an occasion for selling full-priced merchandise and most brands refrain from offering discounts on newer collections and products…read more
Even the Index of Current Economic Conditions (ICC) fell by 1.2% in August on the back of sharp dip in the propensity of the rural households to buy consumer durables…read more
Even the Index of Current Economic Conditions (ICC) fell by 1.2% in August on the back of sharp dip in the propensity of the rural households to buy consumer durables…read more
Panel discussion on one of the most potent topics in the world of Retail and E-Commerce – Brands ensuring Seamless Omnichannel Delight to the New-Age Consumer…read more
How New-Age brands are Setting Benchmarks in Digital Business? This panel of stalwarts answer all your queries…read more
Omaxe Chowk is bringing a wide range of jewellery solutions under one roof and endeavours to become an end-to-end jewellery marketplace…read more
Top local retailers are looking to add anywhere between 5,000 and 7,000 stores in the next 12 months…read more
Most of the shopping malls in Delhi are getting an upgrade and developing extra area to open more stores…read more
If footfall and sales at city malls in August and the first September weekend are any indicator, the festive season will set new benchmarks in mall retail, overtaking the previous record set in 2019 prior to the start of pandemic…read more
If footfall and sales at city malls in August and the first September weekend are any indicator, the festive season will set new benchmarks in mall retail, overtaking the previous record set in 2019 prior to the start of pandemic…read more
Retail sales are seen 15% above pre-pandemic level this fiscal…read more
NEW DELHI : Fast moving consumer goods companies are ramping up supply chains and investing in marketing campaigns as they expect stronger sales this festival season…read more
Leasing mainly by fashion, apparel brands with a 35% share in total absorption…read more
The retail sector leasing in India increased by about 166 percent Y-o-Y crossing 1.5 million sq ft…read more
E-commerce platforms are obliged to display the FSSAI license and registration number of the concerned entity on their platforms, a spokesperson for FSSAI said in an emailed statement…read more
Higher-income consumers have largely shrugged off the impact of inflation to spend on discretionary goods including apparel and bags, buoyed by their savings during the lockdowns…read more
As of June 30, 2022, Inox has 163 properties with 692 screens and a total seating capacity of 1.55 lakh. In FY22, its revenue from operations was at Rs 677.87…read more
With this, the company has leased over 3 lakh sq ft so far. The leasing includes 2.5 lakh sq ft in retail and approximately 56,000 sq ft in its 4-star hotel…read more
Executive Director, DLF Retail, on Indians as community shoppers, the surge in luxury buying and why shopping at a store will never go out of fashion…read more
The retail sector made a robust recovery in Q2 (April-June) 2022, with transaction activity growing by more than 100 per cent on a quarter-on-quarter basis…read more
NEW DELHI : In-store experience is becoming critical to growth, considering its ability to not only boost sales, but to also increase customer engagement,…read more
The retail sector made a robust recovery in Q2 (April-June) 2022, with transaction activity growing…read more
NEW DELHI : Retailers are banking on 5G and 5G- enabled smartphones to stimulate..read more
An analysis by Bizom, a platform that automates retail execution at 7.5 million kirana stores, reveals a shift in consumption towards high-value packs. The development follows signs of moderation in inflation, especially in branded commodity products…read more
The online BPC market in India expanded significantly in the last few years driven by a steep increase in e-commerce adoption…read more
Despite lower profitability, comfortable balance sheets and better working capital management will keep the credit profiles of players stable…read more
In Gurugram, the company has taken up a space in a mall for a hypermarket. “This is under construction. This should be operational in about a year-and-a-half,” Shibu Philips, Director-Shopping Malls of Lulu Group India told Moneycontrol…read more
The company is the country’s largest retailer. Its net profit was nearly three times the combined profit of the nearest five listed retailers…read more
Kirana stores have been losing momentum as consumers shift to modern trade and online channels, which is growing between 29-60%. In comparison, the kirana channel that accounts for…read more
The promoter of Select group has not added any mall to the portfolio in the 15 years of operation of Select Citywalk and with no plan for expansion, the owners want it to be part of REIT…read more
Inflation has reached multi-decade highs in many parts of the world, forcing central banks to tighten monetary policy as their mandate is to maintain price stability…read more
NEW DELHI : Makers of consumer durables are banking on a better festive season to help lift sales of premium household appliances after drawing a blank for two years…read more
We are also opening in some other countries of the Middle East. We are opening our first store in the…read more
NEW DELHI : In-store experience is becoming critical to growth, considering its…read more
The ICS needs to cover lost ground in the next ten days to ensure that it does not post a contraction…read more
The consumer basket in India has been adversely affected due to the high food inflation and weak macro environment…read more
NEW DELHI : Citing higher costs from commissions and promotions, restaurants have begun charging consumers an average of around 10% more…read more
According to a top company official, Ingka Group (which also includes IKEA Retail and Ingka Investments)…read more
31 new malls will be opened in around 12 cities, including Tier 1, 2 & 3 cities. It is expected that jobs in the retail sector with the opening of new malls will see a massive rise…read more
Nomura analysts, however, expect inflation to average 6.0% in 2023 as compared to 5.9% in their previous forecast…read more
High-end Italian fashion giant Gucci has become the first major brand to start accepting payments in the form of the Bored Ape Yacht Club-affiliated ApeCoin (APE)…read more
“We expect a healthy growth in the upcoming festive season, as there is pent-up demand in the market,” said Ahammed MP, chairman, Malabar Gold & Diamonds…read more
“We have forecast double-digit growth this festive season over the festive months of 2019,” said Vishal Chaturvedi, vice-president (South Asia), The Body Shop. “This includes gifting across various upcoming festivals, Diwali and the wedding season. People are also coming back to physical stores after the last two years of stress, which were bad for us as well…read more
Inflation and fears of a recession are at the forefront of consumers’ minds, and spending on tablets has taken a backseat as the need for pandemic-era levels of use has fallen, according to a Canal’s report…read more
In challenging times such as a crisis, e-tailers need to think in terms of cooperation with their brick-and-mortar retail competitors. Coopetition, a term coined by Raymond J…read more
The pandemic pushed new-to-online shoppers and existing shoppers to increase their online purchasing…read more
The current situation index (CSI) rose by 1.4 points from 75.9 in May to 77.3 in July…read more
UAE-based multinational retail conglomerate Lulu Group International plans to more than double its footprint in India over the next two-three years, a top executive told ET…read more
The 1.2 million square feet “Ambience Mall” in the posh southern district of India’s capital…read more
As per a latest development, the government will soon start a pilot project, under which goods…read more
Under the collaboration, both the companies will jointly evaluate opportunities…read more
India’s largest quick service chain, Domino’s Pizza which operates 1,625 outlets, launched…read more
A total of 15 new malls will enter the market spread across 12 cities this year and in 2023…read more
India will now be keeping tabs on your spending online, electronic products such as mobile phones…read more
On the operational front, DLF’s sales bookings doubled to Rs 2,040 crore during the first quarter…read more
Driven by pent-up demand, improving vaccination coverage and a pick-up in economic activity…read more
Analysts said India has been resilient amid slowing global growth. The IMF has slashed…read more
Reliance’s retail division, which runs over 15,866 stores across groceries, consumer electronics and apparel, posted revenues of Rs 51,582 crore in the three months to June, with net profit at Rs 2,061 crore…read more
Although trade is on a recovery path, the retail sector, especially shopping malls, is banking heavily on the festival season to boost sales following the pandemic-induced slump…read more
Tobacco-to-FMCG-to-hospitality conglomerate ITC is finally exiting the lifestyle business, which it had entered almost two decades back under Wills Lifestyle brand…read more
Its revenue from operations rose to Rs 981.40 crore in comparison to a lower base of Rs 59.39 crore in the corresponding quarter last fiscal, when the screening business was disrupted due to the second wave of the coronavirus pandemic…read more
This follows the Delhi High Court staying guidelines issued by Central Consumer Protection Authority (CCPA) which prohibited restaurants and hotels from levying service charges on bills…read more
The FMCG sector went through a difficult phase in the last two years. But, after the recent drop in commodity prices, are things looking up for the sector now? Our next report takes a deep dive…read more
In the India e-tailing GMV Index, there is a monthly growth comparison. In 2022, this was 60 per cent higher in April than April 2021…read more
One recent concept that is emerging in the Indian context is that of co-retailing, where two or more than two brands share a retail space, thus adding to the lucrativeness of the proposition being offered…read more
The company said its Home Care segment delivered 30 per cent growth driven by strong performance in Fabric Wash and Household Care. Both categories grew in high double-digits, with all parts of the portfolio performing well, it said…read more
“Lulu Lucknow will be our fifth mall in India. The mall will house many national and international brands including, first-timers to Lucknow, UP, like Lulu Hypermarket, Funtura, Lulu Fashion Store, Lulu Connect, Chili’s to name a few,” said Shibu Philips, Business Head of Lulu Mall…read more
After a prolonged period of upheaval due to the pandemic, the Indian retail sector is on the upswing lately. COVID-19 brought in new trends and created a more digital-centric consumer who expects frictionless transactions, personalized experiences…read more
Tune in to this intriguing Panel Discussion on Winning in the age of ‘Fast Delivery’- How ‘New-Age’ Brands are Redefining Today’s Retail Business?…read more
Panel Discussion on Digitising In-Store and Online Experience- How AI is taking Traditional Retail Experience to the Next Level?…read more
PVR Cinemas on Friday launched its first multiplex at VRC City Mall in Patiala, Punjab, the company informed the exchanges…read more
On an average, rentals for properties housing luxury brands are nearly double compared with mass-priced lifestyle brands. DLF is looking to more than double its retail portfolio and add about 5 million sq ft in the next 5-6 years with an investment of about ₹3,000 crore, the executive said…read more
Over the past two years, many people utilised the time they saved on commuting to and from office for shopping during weekdays. And the trend has accelerated over the past two months, retailers and mall operators said…read more
The store design follows the new fleet of the NextGen store format that enables consumers to immerse themselves in brand experience across customization, fit, and style…read more
Commenting on the increasing use of technology in retail, Sunil Kataria, CEO, lifestyle business, Raymond, told ETRetail that the brand is actively using digital technology like visualization, store locators, and geo-fencing, to understand the consumer’s journey better and improve their shopping experience…read more
Spread over 12.2 acres, the 460,000sq ft IKEA Nagasandra store will feature over 7,000 affordable, good quality, sustainable and well-designed home furnishing IKEA products along with inspiring home sets to instill creative ideas to decorate your home…read more
Reliance Industries Limited’s mall chain Nexus Malls has partnered with Jio-bp, a fuel and mobility joint venture between RIL and bp, to launch electric vehicle charging stations across its 17 malls in 13 cities…read more
The company said the funding round was led by Alpha Wave Ventures with participation from all existing investors — Elevation Capital, Tiger Global and Think Investments…read more
Among the 1,013 urban respondents polled online during 7-10 June, 46% said their cost of living has gone up ‘a lot’ compared to 12 months ago, while 33% said it has gone up ‘a little’…read more
The brand will predominantly focus on the saree business which is a Rs 50,000 crore market growing at a compound annual growth rate (CAGR) of 6-8 per cent, a top company official said…read more
The Skechers distribution centre will expand the company’s existing distribution capabilities five-fold, transitioning its existing facility to a technologically-advanced centre increasing the company’s ability to grow its business in India over the next 5-7 years, according to a statement…read more
We’re opening close to 80 – 90 stores per year, and aim to maintain that pace. In the next three years, we aim to become a Rs 1,000 crore company in terms of revenue…read more
The pandemic got even the digitally non-savvy to start shopping online. But today, malls are once again often bursting at their seams…read more
The jewellery retailer plans to open 500 new showrooms by 2025 creating employment for around 11,000 people, it said. Currently, Malabar Gold & Diamonds has over 280 showrooms across ten countries and 14 manufacturing units in five nations. The company presently employs a total of 14,169 management staff…read more
New Delhi: Lulu Group on Thursday said it has leased out approximately 6 lakh sq ft space within its upcoming Lulu Mall in Lucknow that is set to open doors to shoppers in the coming month…read more
The company has planned malls in Gurugram and Goa and high streets in Gurugram, in addition to retail space in its upcoming residential and commercial developments, the majority of which will be launched this year…read more
The company is eyeing both standalone shopping centres as well as a clutch of malls as potential acquisitions, which would be upgraded and turned around, said a top executive…read more
Private-equity firms have spent decades raking in giant sums from pension funds and other big institutions. Now they are going hat in hand to a different kind of investor: everyday millionaires…read more
Benq India, part of Taiwan-based Benq Corporation, expects the 50:50 ratio from both the segments to continue as government and enterprises need these kind of devices. Private educational institutions and the government are investing on smart classrooms, he added…read more
Mahesh Anand tells Shreyashi Mukherjee about what the company’s future plans are for Karnataka, on an air-purifying paint and state’s colour choices…read more
Omaxe Chowk has launched first-of-its-kind co-retail spaces in its multi-level parking cum commercial project in Chandni Chowk. The project will go under fit-out soon…read more
UP launched their 3rd Investment Summit and ground breaking ceremony…read more
The number of cloud kitchens in India has shot up since the pandemic. A Redseer report estimated the size of the market would touch $3 billion by 2024, from just $400 million in 2019…read more
Navigating the Covid-19 pandemic and the subsequent unusual occurrences was and continues to be an incredible endeavor. From mass shop closings, severe occupancy limits to demand issues and global supply constraints, merchants and customers all over the world have been pushed to adapt…read more
Apparel chain, V2 Retail, is zeroing in on high-street markets in tier 2 and tier 3 cities of UP, Odisha, and Bihar for their further expansion. The company, which has its presence…read more
“The growth strategy of the company continues to be aggressive. Our categories have headroom for penetration. There are new opportunities whether it is in healthy ageing products, plant-based nutrition, healthy snacking and the toddler segment (for nutrition)…read more
The company has appointed ex-Facebook and Bain executive, Prashanth Aluru, as the CEO and co-founder to lead the build-out of this new venture…read more
The evolving customer preferences and the desire for a sophisticated shopping experience have transformed India’s retail market. Despite the pandemic setbacks,…read more
Mall of the Millennium in Pune and Mall of Asia in Bangalore will become operational by first half of FY24…read more
With majority of our upcoming projects being focused at the food category, we plan to have more atta and dal units, one large soya badi unit, one rice unit, two mustard oil and a rice bran oil unit…read more
The UAE-based retail major Lulu Group on Tuesday said it will invest Rs 400 crore to set up food park in Kerala…read more
Fashion designers occupy a unique position in our society. Their talent and vision impact how people…read more
This post-Covid shift in consumers’ mindset and availability of more discretionary expense (redirected from travel) has made home textiles a rapidly emerging and one of the fastest recovering sectors after the pandemic…read more
NEW DELHI: One of the key pillars that will form the foundation of new age retail in India is social commerce…read more
These days, corporate entities are not only focusing on their businesses but also looking for ways to make an impact in the communities around…read more
While hassle-free returns have been part of the in-store sales experience for a long time now, in e-commerce, easy product…read more
Press Release – Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015…read more
The Milan fashion powerhouse made the move after its licensing deal with Shiseido was terminated last year, the latest in a series of licensing agreements that Dolce&Gabbana had entered since launching fragrances 30 years ago…read more
The ‘early harvest’ deal includes tariff reduction and market access for more exports, and will be followed by a comprehensive free trade agreement later. Announced in September 2021, negotiations on the deal were completed in record time…read more
In India, the garment and textile industries are immensely important. In addition, the Indian garment market is quickly expanding. A large assortment of formal, casual, and stylish clothes are also available in the sector…read more
The food authority had in 2018 notified a separate regulation for alcoholic drinks called the Food Safety and Standards…read more
Restaurants are again teeming with diners, airports with fliers and markets with life. People are now stepping out and loosening their purse strings. How is India’s economic recovery shaping up now?…read more
After seven quarters of profits and growth, Shoppers Stop has an aggressive plan to expand the company’s growth…read more
In the domestic market, the focus will be on expanding omnichannel presence and direct-to-customer sales…read more
Max Ventures and Industries has announced today that Max House – Phase 1 is now 100% leased out to marquee domestic and international clients…read more
KOCHI: With electric cars rolling out in large numbers, the power department and ANERT have begun to push for setting up more charging…read more
NEW DELHI: Around 1,000 new charging points for electric vehicles (EV) are expected to come up across the city with the top malls in Delhi committing…read more
Sales of top retailers such as Reliance Retail, Shoppers Stop, Aditya Birla Fashion & Retail (ABFRL), Avenue Supermarts, Bata and Titan…read more
In the last two years, the fashion industry has gone through major transformations owing to multiple factors like rapid adoption of e-commerce…read more
Paper receipts have been with us for years! But, it is no news that it’s difficult to store these important documents. Your customer needs…read more
Sometimes, brands outlive the companies that launched them. Like that memorable LIC tagline, these brands stay on, zindagi ke saath bhi, zindagi ke baad bhi…read more
The furniture market, one of the oldest markets in India, has long remained without any major change or disruption with consumers…read more
A retail business’s POS system is one of the most important components of its success. A retail business with a high turnover rate needs an intuitive point-of-sale system that is easy to train new employees. Your Point of sale should also automatically capture customer and employee data as well as sales and inventory information. Your profits will increase as a result…read more
In India, the garment and textile industries are immensely important. In addition, the Indian garment market is quickly expanding…read more
The government is expecting an investment of Rs 34,090 crore under the PLI scheme for large-scale electronics manufacturing, mainly mobile phones…read more
The government is expecting an investment of Rs 34,090 crore under the PLI scheme for large-scale electronics manufacturing, mainly mobile phones…read more
Nashik: The Nashik Municipal Corporation (NMC) has decided to construct shopping complexes at two locations along…read more
The growth of retail ready packaging market is driven by the ongoing expansion…read more
The government of Dubai recently inked an agreement with India to ramp up infrastructure investment…read more
The global leader in pen tablet market, Wacom India is expanding its retail presence in the country. The key supplier of pen and multi-touch…read more
The global video analytics market size is expected to be worth $14.9 billion by 2026, growing at a CAGR of 20.4 percent…read more
NEW DELHI: The uniform 12% rate of GST on all footwear shall go a long way in facilitating trade and promoting ease of doing business…read more
Two malls in Delhi- Select City Walk and DLF Mall in Saket have become the city’s first fully vaccinated markets. All the shop owners and employees working here are fully vaccinated…read more
John Jacobs plans to expand its retail strategy in India with a bang this new year…read more
New Delhi: Malabar Gold & Diamonds, a Kerala-based jewellery major will invest Rs 800 crore to open 22 new showrooms in India and abroad as a part…read more
Customised Ayurveda beauty brand Vedix said it has launched onion based hair pro products, joining the league of large consumer companies including Marico…read more
Kolkata: Metro Brands, one of the largest Indian footwear specialty retailers, is planning to open 260 stores in 2-3 years. In the third quarter…read more
Ecommerce giant Amazon.com is in talks with realty developer DLF to take on lease over 600,000 sq ft of office space at its upcoming project…read more
KOLKATA: Next time you want to clear your property tax dues, take help of a Chatbot service and get linked to a payment mode and you can use…read more
India and UK formally launched talks last week for concluding FTA by early 2023. Richard Heald – Executive Chair, UK India Business Council in a wide ranging interview…read more
New Delhi: Lifestyle retail brand FabIndia plans to raise up to Rs 4,000 crore through an initial public offer and in a novel approach, the company’s promoters…read more
Premium beauty-care products maker Lotus Herbals has acquired a 25% stake in direct to consumer (D2C) skin-care brand Conscious Chemist, its first…read more
Jubilant FoodWorks, the franchisee for Domino’s Pizza, will launch the iconic US-based fried chicken brand Popeyes…read more
FMCG sales dropped 14.4% month-on-month in November, according to data sourced from Bizom. Photo: Indranil Bhoumik/Mint…read more
Patanjali has prepared a plan to solve the problems of farmers and agriculture and unveiled a book titled ‘Nav Harit Kranti – An Agro Vision…read more
The petitioner argued that since the bag had the logo of D’Mart, it was not fair on the part of retail company to charge for the carry bag…read more
With government and district collectors directing owners of malls, theatres, entertainment centres and others to allow only vaccinated people…read more
New Delhi: Abu Dhabi-based retail and food & beverages group Tablez announce it has opened its first toys retail store, House of Toys, in Bengaluru…read more
Trivandrum Lulu mall, Kerala”s biggest shopping centre, will be inaugurated by Chief Minister Pinarayi Vijayan here on Thursday. The Biggest mall in the country is built with high facilities costing Rs 2,000 crore investment…read more
The Lulu Group already has three operational malls in India and will open two more mall in the country by March next year…read more
Tata Group’s reentry into the beauty segment will give this market a further push, leading the already existing beauty and personal…read more
Blackstone Group, the entity behind India’s maiden real estate investment trust (REIT), is now planning to list the country’s first retail properties-centred REIT…read more
The Wholesale Price Index (WPI), which acts as a proxy for producer prices, grew 14.23% in November…read more
Marquee investor Rakesh Jhunjhunwala-backed Metro Brands, which is one of the largest Indian footwear specialty retailers in India…read more
Aditya Birla Fashion and Retail Ltd (ABFRL) has signed a long-term licensing agreement with US-based brand management…read more
India’s retail inflation likely accelerated last month towards the upper limit of the central bank’s target range as fruit and vegetable prices climbed…read more
BENGALURU: Namma Metro’s non-farebox revenue will be increased to 25% in two years, according to BMRCL MD Anjum Parwez…read more
MUMBAI: The malls division of Swedish furniture giant IKEA will invest around Rs 7,000 crore ($928 million) in two centres it plans to build on the outskirts…read more
New Delhi: Indian shoppers, as well as consumer goods companies, are taking the multi-channel approach after the pandemic changed customer habits…read more
Indian consumers have started opting for lower-priced packs or unbranded products of food, grocery and daily necessities as rising prices… read more
COPENHAGEN: Jewellery maker Pandora would prefer to invest in physical stores or its own online sales platform rather than join large e-commerce marketplaces… read more
MILAN: Armani Group said on Wednesday it would no longer use angora wool starting from the 2022-23 autumn/winter season, adding it to the list of excluded… read more
Footwear retailer Metro Brands Ltd, which is likely to come out with its initial share-sale by the end of the month, will utilise Rs 250 crore… read more
West Indies cricketer Dwayne Bravo is venturing into fashion with the launch of his clothing line Djb47. The launch is in partnership with Singapore… read more
Retail chain DMart has leased 43,000 sq ft at Spaze Edge in Sector 47, Sohna Road, Gurgaon. The retail chain will open from January 26, 2022… read more
The government proposes to have a national retail trade policy for creating a conducive environment to streamline the growth of all formats… read more
New Delhi: Home appliances and consumer electronic maker LG is strengthening its lead in the washing machine segment as the new players enter the market… read more
New Delhi: Home appliances and consumer electronic maker LG is strengthening its lead in the washing machine segment as the new players enter the market… read more
Bata, while announcing its results for Q2FY22, said that it continued with its retail expansion drive in tier 3-5 cities through… read more
Several consumer goods companies said they could only slightly tweak their terms of trade with organised wholesalers, such as Reliance, Metro Cash & Carry… read more
Sebamed unveiled yet another intriguing campaign #NoConditionsApply for its hair care portfolio. Focusing on educating and empowering consumers… read more
The Centre has approved investment proposals of 60 processed foods companies including Hindustan Unilever, Dabur, ITC, Amul, Nestle, Parle and Britannia… read more
The company aims to add over 100 stores next year alone; overall goal is to have 2 mn sq feet over next few years, form 1.1 mn sq ft currently… read more
NEW DELHI: Handset maker Realme said that it is increasing its focus on non-smartphone business in India and is looking to venture into over 15 new product… read more
NEW DELHI: The UAE-based retail giant Lulu Group on Saturday announced it will invest Rs 2,000 crore to develop a shopping mall near Ahmedabad in Gujarat… read more
PUNE: Amid the festive sales last month, traders and industry experts noticed a greater demand for ‘smart’ appliances, artificial intelligence-incorporated… read more
Online marketplaces Pumpkart.com and Figgital will open over 1,200 modern retail stores in Uttar Pradesh, according to a statement. Pumpkart and Figgital… read more
Reliance Retail recently announced the country’s first open air roof-top theatre, where people can drive… read more
IKEA ‘s shopping malls business, one of the world’s biggest, said on Monday its tenants’ sales were up 16% at constant… read more
Retail rentals are recovering after more than a year of decline with sales in general having almost gotten… read more
Malls recorded high footfalls on the weekends before and during Diwali as people came out in droves to shop… read more
Chennai: As Shobana Navaneethan stirred a little blue food colour and almond oil into her oat bran… read more
Mumbai: Billionaire industrialist Gautam Adani will be pouring more resources into acquisitions as he doubles… read more
New Delhi: Indian Sellers Collective, a non-governmental trade association committed to bringing… read more
Post Covid, India has a unique opportunity to gain market share from other geographies to further cement… read more
Mumbai: Bengaluru-based food entrepreneur Tirthankar Banerjee opened his first delivery-only food brand… read more
PARIS/CHICAGO/NEW YORK: When Whitney Bromberg Hawkings launched her London-based… read more
New Delhi: Skincare brand SkinKraft, a part of the Hyderabad-based Incnut Group is hoping its revenue… read more
Global spirits major Diageo is embarking on a mission to be a top performing consumer products company… read more
NEW DELHI: Online grocery retailer BigBasket has opened its first brick-and-mortar store in Bengaluru… read more
Starbucks aims to hasten its India expansion with smaller stores and drive-through… read more
An increasing number of Indians are turning to the digital channels for payments. A new study has found… read more
Indicating signs of improvement, think-tank NCAER on Tuesday said its Business Confidence Index… read more
Bhartiya Urban, an integrated developer of large-scale real estate and commercial projects, announced the launch…read more
The festive season has not just come as a respite for many businesses, but also for shoppers… read more
Reliance’s move comes on the heels of several investments made by ABFRL in the segment… read more
New Delhi: Food delivery firm Swiggy has introduced a two-day paid monthly periotime-off policy… read more
Mukesh Ambani has expanded into luxury retail with his latest 40 per cent stakepurchase in designer… read more
Faced with “unprecedented” inflation in certain commodities like palm oil, crude based derivatives and tea… read more
The new work-from-home normal is expected to have a “positive impact” on the branded plywood industry as people move… read more
New Delhi: Silver jewellery startup Giva on Monday said the company is expecting a three-fold jump… read more
Amazon is teaming with payments company Affirm to offer online shoppers a buy-now-pay-later option… read more
AHMEDABAD: Food and flavours from back home invariably bring along a lot of nostalgia and joys… read more
At a time when direct-to-consumer (D2C) brands are finding growing acceptance among consumers… read more
The consumer durable industry is expecting double-digit growth in the festive season sales this year… read more
Singapore: Last week, news reports from Singapore emerged that Shopee, the number one e-commerce… read more
The move will be taken after the demerger of the paints division into a separate entity. The demerger is expected… read more
Parle Products aims to produce nutritious cereals for an energizing breakfast Country’s leading biscuits… read more
The company is also developing a TV designed in-house, but it’s unclear when that might be released… read more
New Delhi: Walmart-owned Flipkart on Wednesday said it has bolstered its delivery network… read more
NEW DELHI: Passengers at New Delhi Railway Station are in for a lavish feast with the Indian Railway Catering and Tourism… read more
New Delhi: Shoppers Stop, a retailer of fashion and beauty brands, has collaborated with Accenture… read more
NEW DELHI: Men’s grooming products brand The Man Company aims to log over Rs 300 crore in net revenue… read more
NEW DELHI: Xiaomi overtook Apple to become top-shipping wearable brand in Q2, 2021, according to a report… read more
NEW DELHI: Reliance Retail is set to launch a chain of store under the brand name of Avantra… read more
When starting a new business, many of us tend tofocus our time and effort on scaling and getting more and more customers on our website or… read more
Your online world is probably full of adverts persuading you to buy something with a simple touch of your phone… read more
This holiday season it was reported that price was paramount to all decision making processes as shoppers grew increasingly concerned about inated costs and tighter budgets… read more
With personalized offers, real-time access to information, and postpurchase communication, cashier-less stores can be sure to create an easy, fast experience that turns shoppers into loyal, repeat customers… read more
Now that the pandemic has taken a backseat, safety concerns have eased up; consumers are looking forward to browsing the aisles at their favourite shops again… read more
With growing awareness of global fashion trends, a growing middle class and rising disposable income, the occasion wear market in India has witnessed aggressive growth….read more
Retail has been undergoing a big change in the last few years and the market has been beginning to become more organized and focused riding on the changing customer behavior trends….read more
The session highlighted the new edition of marketing, discussing new aspects of events in the post-pandemic era. Going by the current situation, it is very important for the mall heads and managers to be aware of the new trends and the factors determining the success of the mall…read more
Phygital and Digital innovation were the key elements that were in demand for all the shopping centres. Every mall took decisive steps in raising their digital and innovations bar…read more
Attendees at the two-day Shopping Centres Next event held in Goa, refl ected upon the innovations that developers and retailers must embark upon…read more
The success of any shopping mall is directly proportional to the success of retailers within that mall who in turn are dependent on the consumer…read more
Sports brand PUMA launched its digitally-enabled experiential store at Orion Mall in Bengaluru. This is PUMA’s largest store in South India…read more
We are a few months into the New Year and business is already buzzing. There’s a lot of positive movement and growth on the cards for brands and retailers across the board. Shopping is picking up and the mood to get back to embracing…read more
It’s been a good start to the New Year and a positive move away from the last two years of the pandemic…read more
Nellore owned one and only mall of the city, has fulfilled the gap of organized retail sector within the city through its premises. Built and designed over a space of 3,20,000 square feet with two basement parking spaces, MGB Felicity Mall, the first of its kind in Nellore, is the biggest mall of Andhra Pradesh. The mall encompasses a variety of retail outlets featuring different brands, apparel, food court, games and movies…read more
Shopping malls had to change a lot of their existing plans and tweak their model to make room for digital, so that they could stay reachable to
their customer base during the pandemic. What next? It is not easy to continue doing business amidst the constant scare of the pandemic and the shopping malls had to consider their customers and the brands each time they decided to bring some new change on their way of working…read more
A game changer for shopping malls in India With COVID the equation for retail has changed. Home dominates the buying habits for consumers today and home-centric purchases are ruling the carts at present. Amidst all these changes, shopping malls too had to prepare themselves to alter their store fronts and offer the consumer something unique and relatable. Amidst all this, the F&B segment has emerged as a game changer for malls. This sector is pulling back the crowds to the shopping malls and helping been adopted by restaurants through their respective applications. 5% to 10% of sales is through contact less ordering mode,” Vinay Chandra, Center Director, Pacifi c Development Corp Ltd. mentioned…read more
Influencer marketing is one of the most popular marketing trends and is expected to grow to be worth $13.8 billion by the end of 2021. This marketing trend is a hybrid of old and new marketing tools and it takes the idea of celebrity endorsement and places it into a modern-day content-
driven marketing campaign. The main differentiator in the case of infl uencer marketing is that the results of the campaign are collaborations
between brands and influencers… read more
India’s shopping centre industry celebrated a triumphant return to the first on-ground mega industry gathering in over 18 months at the Shopping Centres Next in association with Shopping Centres Association of India (SCAI) and powered by Bestseller India event at the Grand Hyatt, Goa on September 1-2, 2021… read more
With malls getting back on feet once again, across India, more than the footfalls or sales the team behind each shopping centre is more concerned about customer safety. They are observant of the ongoing norms and in preparation of the festive sales are gearing up to support the customer with best support… read more
As the grand finale of Shopping Centres Next 2021, India’s largest shopping centre intelligence event, the IMAGES Shopping Centre Awards (ISCA) 2021 powered by Bestseller India recognised excellence in the country’s retail real estate industry last night… read more
Greater Noida: To recover land allotment dues from developer he district administration has decided to monetise the operational assets of defaulters. To start with, the administration will take over the operations of the gondola rides in Greater Noida’s Grand Venice mall… read more
Paws n Collars leader in pet health and nutrition, announced the launch of its first-of-its-kind on dedicated pet mall in India – in HSR layout. Paws n Collars offers premium services for pets and pet enthusiasts like pet grooming veterinary care, cafe and retail, all integrated facilities under one roof with top drawer food, treats, toys, grooming and wellness care. A promising extraordinary experience like never before in India… read more
Inorbit mall, Hyderabad in order to enhance the shopping experience of their customers has conducted a workshop for the retailers. This workshop was hosted by Mrs. Greeshma Thampi, a certified Image consultant and corporate trainer with an objective to help retailers understand the concept of modern luxury and how to offer an elevated experience to the customers for this segment… read more
Select CITYWALK offers a poignant tribute to the heroes who stepped up to help those most in need in the grip of the second wave of the COVID-19 pandemic this year. Featuring real people who brought smiles, hope and relief to countless suffering citizens during the dreaded second wave, this campaign reminds us that we all have the potential to make a difference… read more
France could ease health pass restrictions that are hurting the activity of large shopping malls if the COVID-19 epidemic situation keeps improving, Labour Minister Elisabeth Borne said on Saturday… read more
One of Delaware’s shopping malls could be shifting toward industrial warehouse use, while others continue to plug new businesses into vacancies opened, in part, by the pandemic… read more
Noida Managers of shopping malls in Noida say they are doing better business this year as compared to the post-unlock period in 2020, and they are witnessing a good footfall during the end of season sales… read more
Pacific Mall, Tagore Garden, is now looking to satiate the culinary palettes of its customers. One of the NCR’s busiest and most active cafés, Cafeteria and Co, will now be operational here to provide a superior casual dining experience to the mall patrons… read more
Multiplex chain PVR Cinemas on Thursday announced that its theatres will be reopening from July 30 with all of its staff fully vaccinated against Covid-19. In a statement, PVR said that its cinemas will resume operations from July 30 in states and union territories that have allowed theatres to reopen… read more
The Greater Chennai Corporation (GCC) has devised a plan to vaccinate around 60,000 people who work at 10 malls and 38 street markets in the city. Over and above this, regular shoppers too can get a free dose of vaccine if they happen to visit the malls/markets when the vaccination drive is taking place… read more
KOLKATA: For the malls across the city, this weekend — after further relaxation of timing from July 16 and the resumption of Metro — was the best so far in one month of operations since the Covid-induced restrictions were put in place. The footfall of people and sales went northwards and it would have been better, if Metro was operating on weekends… read more
KOZHIKODE: Major commercial centres in Malabar, including the SM Street in Kozhikode, sprung to life on Sunday following the relaxation of Covid-19 regulations announced by the state government for three days in view of the upcoming Eid-ul-Zuha festival… read more
Tesla showrooms have been a staple of many high-end shopping malls, but that could be changing. The electric car maker is shuttering a number of stores in favor of less-expensive locations, according to a report from Electrek… read more
The S*U*N Virtual Mall, located in the north-central part of Pennsylvania is attracting attention from the press, potential store owners and shoppers. The mall, the first of its kind in the U.S., which opened had been planned since last November by entrepreneur Art Lieberman as a philanthropic method of keeping local brick and… read more
The Thai Shopping Center Association (TSCA) has urged the government to launch immediate measures to help rehabilitate the business sector and reduce the impact of the pandemic… read more
Bluedot, the leading provider of location technology for mobile apps, and Adeptmind, a leading AI retail technology company creating advanced digital discovery solutions for retailers and shopping centers, are banding together to address the gap between soaring demand for fast and easy curbside pickup and the challenge facing many brick and mortar stores… read more
Even in the depths of the 2009 financial crisis, it was never this bad for the owners of the world’s biggest shopping malls. New real estate industry data for June reveals that vacancy rates in the United States’ indoor malls could surpass those in suburban shopping centers and strip malls… read more
At India’s largest transit oriented development, Seawoods Grand Central Mall, over 60% of the electricity will be supplied from the solar power plant which we built ground up in Katol, Nagpur, during the course of the lockdown. As an immediate effect, our CO2 emissions will reduce by over 8000 tons. We will continue to strive to become more environment friendly by using green energy… read more
The “rush-to-be-first” has gone into hiding. Masked visitors and establishment owners appear extremely patient. From entry points to washrooms and from escalators to food courts, hygiene takes the front seat… read more
The chill in the air has turned city malls into hot destinations this winter, driving up footfall and sales in the run-up to the year-end festivities… read more
It’s that time of year again. After spending months largely cooped up in their homes, people are ready for the festive season and all the joys it brings: twinkling lamps, gifts, laughter and soul food. And after being forced to lie dormant because of Covid, mall owners, too, are ready to spring into action… read more
Even as the retail sector is gradually picking up aided by pent-up demand and festival offers, retailers still expect recovery to stretch across 2021. Many in the industry fear the scenario could compel mall tenants to ask for more rental waivers from developers and landlords post-March 2021… read more
With the holidays all over except for the returns, it’s time for the troubled mall sector to face the existential crisis that it avoided thanks to what looks like a decent season in terms of foot traffic, despite the pandemic… read more
For generations, malls were a type of town square, a one-stop shop for restless teenagers and busy parents wanting to pick up gifts, fill out wardrobes or just get out of the house… read more