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Leasing of industrial, logistics space highest in NCR in 2022 across top 8 cities: CBRE

The leasing activity in 2023 is expected to remain range-bound, driven by sustained demand from 3PL (third party logistics), engineering & manufacturing and retail firmsNew Delhi: Leasing of industrial and warehousing space was highest in Delhi-NCR and adjoining areas...

Costco: Keeping the Faith

How the membership warehouse operator Costco Wholesale Corp. rides the loyalty factor for robust sales and growthBy Lynn PetrakLoyalty can’t be bought, even with a membership. That’s something that Costco Wholesale Corp. has learned and honed to its advantage...

South Korean firm Mirae acquires industrial, warehousing asset in Maharashtra for Rs 130 cr

The newly acquired industrial warehousing space spread over a 10-acre land in Bhiwandi near MumbaiBengaluru: South Korea's Mirae Asset Global Investments Co Ltd has acquired an industrial and warehousing asset at Bhiwandi in Maharashtra for Rs 130 crore. Anarock,...

WoodenStreet to spend $5 mn for expanding its warehouse capacity by 5X

Leading furniture e-commerce WoodenStreet is planning to expand its current warehouse capacity by fivefold to a total of 50 Lakh sqft across India in the upcoming 24-36 months. The company plans to invest around 4 to 5 Million USD to...

UK clothing & footwear market forecast to decline by £14.0bn this year

Set to be the worst hit sector by the COVID-19 pandemic, UK clothing & footwear spend is anticipated to plummet in 2020, falling 26.1 percent versus 2019, says GlobalData, a leading data and analytics company. Chloe Collins, Senior Retail Analyst...

Fashion failures have more chance of revival without store portfolio

Investment firm Gordon Brothers has acquired the rights to the Laura Ashley brands but its 147 stores are not included in the deal. Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this...

Fashion retailer Harpenne finished off by COVID-19 before it had a chance to get going

The clothing brand Harpenne, owned by River Island, has permanently closed less than a year after launching. Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this news saying:“Still in its infancy and...

Warehousing cost for FMCG, white goods to drop up to 50 percent: Crisil Study

Warehousing cost for consumer durables and FMCG is likely to reduce by 25-50 per cent mainly on the back of the implementation of the goods and services tax (GST) regime even as states like Haryana and Assam are set to emerge as new...

Growing e-commerce to invest $8 billion in infra, logistics: Study

With the growing popularity of online shopping which is expected to catapult the e-commerce market to $80 billion by 2020 in India, the online companies are expected to invest close to $6-8 billion in logistics, infrastructure and warehousing in...

TataCLiQ.com signs up 12 global brands to sell on its platform

Tata group's e-commerce venture TataCLiQ.com has partnered with 12 international brands, including New Look, Oasis, Lipsy London, Phase Eight, Hawes & Curtis, to sell on its platform. These brands will offer exclusive range of products that will be made available...
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Chandigarh witnessed impressive growth in home & kitchen sector on Amazon

The city experienced healthy double-digit growth across various product categoriesNew Delhi: Amazon.in has reported significant growth in the home and...
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