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Indian Real Estate: Today, Tomorrow and the Way Forward

Opportunities and challenges exists hand-in-hand in the Indian retail real estate market that has grown steadity over a past decade and seems to consolidate in the way ahead. In order to build successful shopping centres, mall developers have to...

Retail leaders moot segment-wise FDI

Segment-wise FDI in the food and non-food segment is important for the retail sector, said Future Group CEO Kishore Biyani at a close gathering of top industry retailers, which was attended by the who's who of Indian retail.Biyani said,...

Shoppers Stop open to partnerships in food biz once FDI permitted

Retailer Shoppers Stop, part of the K. Raheja Group, will look to explore partnerships with overseas firms once foreign direct investment is permitted in multi-brand retail, a top official told Reuters."Once the rules on FDI are clear there is...

Waitrose includes fashion in offer

Waitrose moves into fashion for the first time and it reveals a new format store that combines food, home and fashion. The flagship store is due to open in London’s Canary Wharf in September. The grocer could not confirm...

Tesco, Walmart a step closer to Indian shores

In a sign that the government is moving towards allowing global supermarkets, such as Walmart, Tesco and Carrefour, to set up deep-discount stores, a committee of secretaries on Friday approved the One of the conditions is that at least...

Tesco to pilot free WiFi in stores

Tesco is poised to offer customers a free WiFi internet service in its stores, in what is thought to be a first for a British supermarket.The move comes as Britain’s biggest retailer seeks to embrace customers’ changing shopping habits,...

Musgrave overtakes Tesco after Irish buy

The company behind Londis and Budgens is to buy the troubled Irish grocer Superquinn out of receivership for an undisclosed sum, catapulting it above Tesco to become the biggest player in the Irish market. The purchase by Musgrave Group,...

Tesco steps up battle for attention of Chinese retail consumers

The battle for supermarket supremacy in mainland China is about to enter a new phase as the United Kingdom-based Tesco chain opens a giant new logistics center and announces plans to open more than 20 new stores nationwide this...

Tesco plans loyalty card to tackle U.S. losses

Tesco, the world's no.3 retailer, will test a version of its successful Clubcard loyalty card in the United States as it battles to stem losses at its Fresh & Easy chain. The British supermarket group said on Monday it...

Tesco opens logistics center as it expands

Tesco Plc China will open more than 20 stores this year and has opened its first freehold and largest logistics center in coastal Zhejiang province. Tim Ashdown, chief executive of Tesco China, said that in addition to its core...
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India witnesses 11.5% increase in mall consumption in FY 2024

North India and West India are at the forefront of the mall consumption surge, with growth rates of 13.0%...
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