Warehouse

With improving occupier and investor sentiment in 2022, coupled with consistent demand for high-quality assets and an upsurge in input expenses, rental values for warehousing space saw an increase across the key micro-markets in IndiaNew Delhi: Mumbai region witnessed maximum...

Prozo launches 23,000 sq. ft. multi-channel fulfilment centre in Lucknow taking its total warehousing footprint to 1.5 million sq. ft.New Delhi: Full-stack supply chain solutions provider Prozo has opened a new fulfilment centre at the Village Khasarwara in Lucknow.The 23,000 sq. ft....

The leasing activity in 2023 is expected to remain range-bound, driven by sustained demand from 3PL (third party logistics), engineering & manufacturing and retail firmsNew Delhi: Leasing of industrial and warehousing space was highest in Delhi-NCR and adjoining areas...

How the membership warehouse operator Costco Wholesale Corp. rides the loyalty factor for robust sales and growthBy Lynn PetrakLoyalty can’t be bought, even with a membership. That’s something that Costco Wholesale Corp. has learned and honed to its advantage...

The newly acquired industrial warehousing space spread over a 10-acre land in Bhiwandi near MumbaiBengaluru: South Korea's Mirae Asset Global Investments Co Ltd has acquired an industrial and warehousing asset at Bhiwandi in Maharashtra for Rs 130 crore. Anarock,...

Leading furniture e-commerce WoodenStreet is planning to expand its current warehouse capacity by fivefold to a total of 50 Lakh sqft across India in the upcoming 24-36 months. The company plans to invest around 4 to 5 Million USD to...

Set to be the worst hit sector by the COVID-19 pandemic, UK clothing & footwear spend is anticipated to plummet in 2020, falling 26.1 percent versus 2019, says GlobalData, a leading data and analytics company. Chloe Collins, Senior Retail Analyst...

Investment firm Gordon Brothers has acquired the rights to the Laura Ashley brands but its 147 stores are not included in the deal. Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this...

The clothing brand Harpenne, owned by River Island, has permanently closed less than a year after launching. Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this news saying:“Still in its infancy and...

Warehousing cost for consumer durables and FMCG is likely to reduce by 25-50 per cent mainly on the back of the implementation of the goods and services tax (GST) regime even as states like Haryana and Assam are set to emerge as new...