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Organised Retail Space in India to Grow 50% Over Next Five Years
MALL DEVELOPERS ARE ALSO INTEGRATING ENTERTAINMENT, LEISURE AND DINING OPTIONS Rising urbanisation, growth in consumer demand & robust economy seen as Mumbai: Completion of organised retail spaces is expected to accelerate in the next five years, reflecting the dynamic evolution of India’s retail sector marked by growing urbanisation, rising consumer demand and a robust economy.In […]
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Retail stores opening online brands
New Trend • Up to 33 percent of sales of direct-to-consumer companies are now offline. Mumbai Online retailing companies, which have flourished rapidly in the country, are now opening offline stores. Even direct-to-consumer (D2C) brands are opening retail stores that just got their start on the internet. Beauty retailer Nykaa, eyewear retailer Lenskart, wearables brand […]
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High Street Retail Set to Take Off Big
POTENTIAL CONSUMPTION 3 TIMES HIGHER THAN IN A MALL. Large developers expected to add about 3M sq ft of retail space in the next 2-3 years New Delhi: India’s high street space is set to expand substantially with big developers like DLF, M3M, Omaxe, Reach group, Dhillon planning retail projects with open spaces, which will […]