The unending euphoria of real estate sector in India witnessed during the last few years is finally starting showing signs of ebbing. The talks of new malls, complexes, residential projects being built are all now being kept under bags. There is an overall slowdown in demand across India as has been experienced by industry players.(…)
The diktat has worked yet again. Much after opposing entry of foreign retailers, the UP Government has now decided to shut down all organised retail outlets that operate outside malls. As a consequence all Reliance Fresh and Spencer retail stores are closed in the state with immediate effect. It is simply incomprehensible, and goes beyond(…)
Future Group is betting big on development of retail media spaces through Future Media. It has launched the first retailer-owned channel in India called Future TV currently being aired at Big Bazaar, Pantaloon, Central, Food Bazaar and Home Town stores in Mumbai, Delhi and Bangalore. Globally Out of Home TV has been successful for point-of-purchase(…)
The retail boom is sparing no one and big auto companies are redefining their retailing strategies to catch the attention of customers and deal with the intense competition and slowdown in the sector. Maruti and Toyota are exploring idea of opening showrooms in malls to catch the increasing footfalls. Reliance Retail and Big Bazaar are(…)
For those of us who think that Indian organised retail trade is on a dream run, here is an eye-opener. The recently merged leading real-estate consultant Jones Lang LaSalle Meghraj has published a report mentioning that India’s retail trade industry would witness an imminent shakeout. The organised retail in India is expanding like never before(…)
