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Sacred cities see a retail boom as spiritual tourism surge: Report

The report identifies 14 key cities including Amritsar, Varanasi, Mathura, Ayodhya and Guruvayur, as witnessing the surgeBengaluru: Spiritual tourism is experiencing a rise, resulting in a retail boom in sacred cities like Amritsar, Varanasi, Mathura, Ayodhya, and Guruvayur, among...

Decoding Real Estate through the Spiritual Tourism Lens by CBRE

The report highlights the strategic move by retail chains to leverage the upsurge in spiritual tourism across 14 key cities in IndiaBengaluru: ‘Decoding Real Estate through the Spiritual Tourism Lens’ report by real estate consulting firm CBRE highlights the...

Indian Retail Market to Touch $1.8 trillion by 2030: IMAGES Group Report

Organised retail is set to grow even faster, up from $ 156 billion (Rs.13,039 billion) to $ 328 billion (Rs.27,382 billion) by 2030, according to a report by IMAGES Group, which will be unveiled at the Phygital Retail Convention...

Croma opens another door at Kolkata

Croma opened 149 stores in 50 new cities and 13 Apple–only stores earlier this yearNew Delhi: Mumbai-based large format retailer Croma has opened another store in Kolkata, a social media post by a top industry executive said on Wednesday.“Another...

India Retail Outlook 2024 by CBRE

The report delves into the intricacies of the current market landscape in India and shares the projected course of the sector in the upcoming quarters Bengaluru: India Retail Outlook 2024 report by real estate consulting firm CBRE delves into the...

Retail Tracker: Store launches surged 44% in Q4 FY 24, East saw double growth

The fourth quarter of the FY 2023-24 also saw funds raised worth over Rs 1,100 crore by several D2C brands and retailersIndiaRetailing Insights: Retail store expansion in India in the fourth quarter (Q4) of the financial year (FY) 2023-2024...

Retail boom in sacred cities driven by a surge in spiritual tourism

Growing tourism is attracting retail brands to establish a footprint in these potential market  New Delhi: Retail chains are capitalising on the growing trend of spiritual tourism across more than a dozen cities in India, according to the latest report.The 14 cities include Amritsar,...

High street top choice for luxury brands to open retail stores in 2023: CBRE

While high streets constituted a 45% share in the overall luxury retail leasing in 2023, luxury brands' stores in malls followed at 40% and standalone stores accounted for the remaining 15% New Delhi: Luxury brands preferred high street retail locations...

Emerging Tier- 2 retail hotspots in North India

The report from CBRE South Asia states that the total retail stock in 14 tier-2 cities stood at 29 mn. sq. ft. as of September 2023New Delhi: Nearly 35 major domestic and international retail brands entered 14 tier-2 cities...

Entertainment segment leasing soars by 179% in 2023: CBRE

Entertainment segment leasing surges across 7 cities in 2023 amid shifting leisure preferencesNew Delhi: The real estate consulting firm CBRE on Tuesday reported that the entertainment leasing segment witnessed a surge of 179% Y-o-Y across 7 Indian cities in 2023....
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Efficiency is our mantra: Raghav Agarwal of V-Bazaar

Raghav Agarwal, director, V-Bazaar Retail talks about the key strategies the brand adopts to compete in the competitive value-retail...
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