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India sees net negative retail space supply for first time

For the first time in India’s mall history, a net negative supply of retail space was observed in 2016 due to closure of some failed malls coupled with limited new supply. While five malls shut down last year, 10...

Shopping malls aim to increase business by 40-50 pc during festive season: ASSOCHAM

Faced with heavy discounts from e-commerce, shopping mall owners in major cities are shaping back, going aggressive in the run up to Diwali offering freebies and easy finance options, hoping to win back the footfalls and increase their business...

The evolution of shopping malls in India

It’s been more than a decade since organised retail came up in India. In the early phase of development, it was just restricted to plaza culture. Post 2003, mall culture started multiplying in the metro cities, and India started...

Tips to utilize retail spaces for maximum impact, profitability

With the liberalisation of the FDI policy, evolving consumer preferences and entry of global retail brands in India, mall developers are busy adapting their retail developments to the changing requirements and trends. Indeed, one of the most imperative transformations...

Keeping Up With The Times: Malls embrace technology

The tug of war between modern and traditional retail formats is passé. Discussion and debates today revolve around the survival of the physical retail space in wake of the onslaught of e-commerce. In this piece, the sharpest mind from...

Phoenix Mills partners EWDPL

As part of its efforts to expand to tier II cities, Mumbai-based real estate developer Phoenix Mills has formed a strategic alliance with Indore-baed Entertainment World Developers Private Limited (EWDPL), an active retail space developer in tier II towns.“We...
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Traditional sweets records 55% surge in pre-festive sales: Report

Western desserts make up only 25% of sales, with ice creams and chocolates representing the remaining 20%Bengaluru: Traditional Indian...
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