Buoyed by the success of organised retail in the country, real estate industry leader DLF plans to invest Rs 16,000 crore over four years to develop about 20 large shopping malls across the country. “Going forward, shopping malls will be an area of important focus for DLF. This will help us to make the maximum […] ↓ Read the rest of this entry…
India is fast becoming the retail destination of the world. According to the international management consultant AT Kearney, India has emerged as the leader in terms of retail opportunities. The retail market in India is anticipated to grow to 427 billion USD by the year 2010. However, the face of the Indian retail industry is […] ↓ Read the rest of this entry…
Shining granite floors, chic eateries and glitzy showrooms are addictive. And that is what perhaps pulls you every weekend to the swanky mall just around the corner. You and your family might end up having a great time and with a much lighter wallet. And that’s not surprising especially when mall developers and retailers are […] ↓ Read the rest of this entry…
NEW DELHI: Kishore Biyani-promoted Future Group company Pantaloon Retail is hiving off four of its business divisions, including Big Bazaar and Food Bazaar, into independent subsidiaries, keeping the option open for listing them in future. The Board of Pantaloon Retail today approved setting up of wholly-owned subsidiary companies for Big Bazaar, Food Bazaar, Speciality Retail […] ↓ Read the rest of this entry…
CCD, BIBA, SAMSONITE NOW FIND IT AFFORDABLE TO OPEN MORE OUTLETS IN TIER-I CITIES
Mumbai is estimated to have total organised retail stock of 8.72m sq. ft. and will witness 11.26 m sq. ft. of new retail development over the next three years. According to a study by McKinsey Global Institute, India is poised to become the fifth largest consumer market by 2025.
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