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Amaan Fakih

5 mall bosses on why location strategy decides a mall's success

India has finally left behind the nascent stages of retailing, crossing over into a veritable shopper's paradise. Malls are no longer simply shopping destinations. They are retail stops, entertainment zones and food hubs all rolled into one. And they are sprouting everywhere. But how...

The changing dynamics of shopping centres

No matter how far and deep the web of e-commerce across the globe, the allure of brick-and-mortar retail appears to endure. Not much, it seems, can replace the experience of shopping in a physical space. Discounts - the raison...

Demonetization: Malls lose their sheen, witness drop in footfalls

Once bustling with customers, malls now appear relatively forlorn with outlets having few customers due to cash squeeze. The Modi Government’s decision to demonetize Rs 500 and Rs 1,000 currency notes has badly impacted the retail sector. However, mall...

IRF 2016: What the future of retail holds for malls of tomorrow

India's e-commerce sector is expected to touch US$ 28 billion by FY 2019-20 on account of an increase in the number of buyers and stable annual spends per consumer, according to a Kotak Institutional Equities report. "A gradual increase in...

R City Ghatkopar says ‘No Plastic’ to celebrate World Environment Day

R City Mall, Ghatkopar, has launched ‘No Plastic’ week from June 5 to June 12 to commemorate World Environment Day. Mall officials have been distributing cloth bags to every shopper who produces a bill at the mall. R City Ghatkopar...
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Budget 2024: Jewellery sector welcomes custom duty reduction on precious metals

The reduction in duties will bring down input costs, increase value addition, promote export competitiveness and boost domestic manufacturing New...
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