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The Year That Was: Customer-centricity key to shopping mall success

Shopping malls are the lifeline of the modern retail industry. The great Indian shopping mall boom began innocuously enough in the early 2000s, with just three malls in existence in the entire country. Nineteen years later, the number has...

Runwal Group, Warburg Pincus enter into JV to develop retail mall platform

City-based real estate player Runwal Group and global private equity firm Warburg Pincus have formed a US$ 1 billion joint venture (JV) for a retail mall platform."Both partners will commit US$ 200 million each in the form of equity...

Diwali Indiawali at R City Mall: From a brand new car to trips, lucky winners took it all

R City Mall just had its massive prize distribution to close the grand 3-week long Diwali celebration organized at the mall. The campaign, Diwali Indiawali, was a majestic long affair that observed the festive season, saw a great confluence...

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...

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...

Pics: Global retailers invest in India's hot retail real estate space

Sizzling Real Estate Space International retailers and investors are back in the reckoning by swinging deals in prime real-estate destinations. According to a report by JLL, the FDI inflow in retail trading has increased between October 2014 and September 2015,...

Pune malls, multiplexes see up to 70% drop in business

Shopping malls, multiplexes and top retailers in Pune are seeing as much as a 70 per cent drop in business owing to the swine flu outbreak in the city.The 10 multiplexes and 20 movie halls in Pune are expected...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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