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World’s oldest shopping malls

These malls existed even before the term ‘shopping mall’ was first known to be used in the 1950sNew Delhi: Many people believe that malls are a modern concept, but if you dig deep in retail history, you will find...

Our Focus is on Delhi NCR and Rajasthan, Uddhav Poddar of Bhumika Group

Uddhav Poddar, Managing Director and Group CEO, Bhumika Group speaks about creating a successful modern retail destination in a traditional tier 2 city like Udaipur, and the brand’s focus considering the changing trends in retail real estateWith an insatiable...

Ajio announces All Stars Sale; adds 500 new brands

During the Ajio All Stars Sale (AASS), customers can shop across over 5500 brands offering over 1.5 million curated fashion styles Mumbai: India’s fashion e-tailer Ajio’s flagship event ‘All Stars Sale’ powered by Marks & Spencer in association with Lee...

Phoenix Mills officially announces opening of the Mall of the Millennium

Spread across 16 acres and encompassing over 12 lakh sq. ft. of gross leasable area, it is located in the key consumption centre of West Pune in Maharashtra Mumbai: The Phoenix Mills Limited (PML), retail mall developer and operator, has...

Stanley Lifestyles files initial papers with Sebi for IPO

The IPO comprises fresh issuance of equity shares worth Rs 200 crore and an OFS component of 91.33 lakh equity shares by the company's promotersNew Delhi: Furniture brand Stanley Lifestyles has filed its preliminary papers with capital markets regulator...

Rajasthan’s Bhumika Group enters Delhi NCR

Spanning across an area of five acres, the high street project is strategically positioned with approximately two acres of frontage along Mathura Road New Delhi: Rajasthan’s retail real estate developer Bhumika Group is launching its latest high street commercial project on...

Forum Mall makes its debut in Kerala

Built with an investment of 700 crore, the new mall is spread over a total area of 6.5 lakh sq. ft. and is the company’s first mall outside Bengaluru Bengaluru: Real estate developer Prestige Group has launched the first Forum Mall...

Are department stores still relevant to malls?

Are department stores still the heroes in a mall? Do they still have a significant impact on the success of a shopping mall as they did at the peak of their popularity? We ask some leading shopping centre players New...

Shoppers Stop Q1 profit down 36% to Rs 14.5 crore

Revenue from operations in the first quarter of this fiscal was at Rs 993.61 crore, up 4.76 per cent against Rs 948.44 crore in the year-ago periodNew Delhi: Retail chain Shoppers Stop on Monday reported a 36.5 per cent...

Indian Domestic Garment industry anticipates 20% surge in festive retail sales: CMAI

According to CMAI, there is optimism surrounding the forthcoming festive season as the demand for apparel is anticipated to be robust despite current challenges Mumbai: According to the Clothing Manufacturers Association of India (CMAI) the Indian apparel market has grown by between 15-20%...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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