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Sacred cities see a retail boom as spiritual tourism surge: Report

The report identifies 14 key cities including Amritsar, Varanasi, Mathura, Ayodhya and Guruvayur, as witnessing the surgeBengaluru: Spiritual tourism is experiencing a rise, resulting in a retail boom in sacred cities like Amritsar, Varanasi, Mathura, Ayodhya, and Guruvayur, among...

Decoding Real Estate through the Spiritual Tourism Lens by CBRE

The report highlights the strategic move by retail chains to leverage the upsurge in spiritual tourism across 14 key cities in IndiaBengaluru: ‘Decoding Real Estate through the Spiritual Tourism Lens’ report by real estate consulting firm CBRE highlights the...

Retail Tracker: Store launches surged 44% in Q4 FY 24, East saw double growth

The fourth quarter of the FY 2023-24 also saw funds raised worth over Rs 1,100 crore by several D2C brands and retailersIndiaRetailing Insights: Retail store expansion in India in the fourth quarter (Q4) of the financial year (FY) 2023-2024...

Retail boom in sacred cities driven by a surge in spiritual tourism

Growing tourism is attracting retail brands to establish a footprint in these potential market  New Delhi: Retail chains are capitalising on the growing trend of spiritual tourism across more than a dozen cities in India, according to the latest report.The 14 cities include Amritsar,...

Retail Tracker: January witnesses 29% surge in new store launches

Among the newly opened stores, some brands fared well in January with opening multiple stores IndiaRetailing Insights: Retail store expansion in India in January went up 29% to 62 new outlets rolled out that month compared to December 2023 as...

Ram temple consecration to generate Rs 1 lakh crore worth of business: CAIT

Approximately 30,000 different programmes by trade associations are being organised across the country in view of the Ram temple consecrationNew Delhi: Business worth Rs 1 lakh crore is expected to be generated with the consecration ceremony of Ram temple...

Retail brands make a beeline for Ayodhya

A host of national and international brands including Zudio, Westside, Pantaloons, Starbucks and Domino’s Pizza are scouting for real estate in Ayodhya to open stores to capitalise on the city's potential as a thriving tourist and pilgrim centreNew...

Kalyan Jewellers to open its 250th showroom in Ayodhya

The Kerala-based jewellery firm said it plans to open additional 30 showrooms in the ongoing fourth quarter of 2023-24 fiscal in India and the Middle EastNew Delhi: Kalyan Jewellers on Friday said it will open its 250th showroom in...

Chuk ties up with Zomato’s hyperpure to expand its online presence

Chuk and Hyperpure will make huge strides in phasing out plastic containers from the delivery segment and usher in an era of safe, spill-free, bio-degradable packaging New Delhi: Compostable tableware brand Chuk has tied up with Zomato’s platform Hyperpure, with...

Somany Ceramics launches its first Duragres Lounge in Ayodhya, Uttar Pradesh

Somany ceramics expands its roots by opening up its first Durages Lounge  in Ayodhya, Uttar Pradesh to showcase their new GVT tile collection. New Delhi: Somany Ceramics limited a company that specializes in ceramics and allied products has launched its first...
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Blur India: Scaling clean beauty to new heights

The brand aims to achieve a revenue target of Rs 12–14 crore in the coming year by expanding its...
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