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…
What is the future of organized Retail in India? There is no magic answer to this question. However, one can make some educated guesses based on established best practices and how Indian conditions will modify or replace conventional wisdom. Let’s consider some of the factors that could affect the future of organized Retail in India. […] ↓ Read the rest of this entry…
CCD, BIBA, SAMSONITE NOW FIND IT AFFORDABLE TO OPEN MORE OUTLETS IN TIER-I CITIES
In 2008, the rural areas grew at a robust rate of 25 per cent as compared to 10 per cent growth in urban retail market According to a McKinsey, rural India, would become bigger than the total consumer market in countries such as South Korea or Canada in another twenty years.
LEADING brands and retailers may have slammed the brakes on their expansion drive, but new entrants are identifying the opportunities created by the slowdown to steer ahead in a lower-cost environment.
K Raheja Group— to set up Shoppers Stop; a family store, with value merchandise and Hyper City, the hypermarket chain stores within the upcoming Vivacity Mall at Thane.
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