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60% Indians want to dedicate more time and money to leisure & entertainment: Vasco Santos of Ingka Centres

Vasco Santos, Global Sales & Leasing Director, Ingka Centres, on India as a potential market for the Swedish retail conglomerate, building spaces that foster communities and India’s demanding customersIngka Group, the parent company of the renowned global furniture brand...

Scorching heat in May kept people indoors in Delhi NCR, affecting footfalls at retail hotspots

While both malls and high streets experienced a drop in footfall when the heat was at its peak, malls fared relatively better than high streetsIndiaRetailing Insights: As the heatwave scorched the national capital region (NCR) in the last week...

3 things malls are doing to increase profitability

Key areas in which shopping centres are doing things differently than before to improve revenues, grow profitablyNew Delhi: Over the past two decades, shopping malls in India have undergone a significant transformation, evolving from simple retail spaces to...

How are retailers handling the Bengaluru water crisis?

A look at the approach some retailers are taking to sail through the ongoing water crisis in Bengaluru New Delhi: As the water crisis in Silicon Valley of India rages on, retailers in the city have adopted different water conservation and...

Nexus Select Trust records FY24 rev up 13% to Rs 120 billion

Nexus selectIn the fourth quarter of FY24, the company recorded sales totaling Rs 28 billion, demonstrating a 9% YoY increaseBengaluru: Nexus Select Trust (NXST), India’s first publicly listed retail real estate investment trust (REIT), reported a 13% jump in...

Malls are getting bigger, shifting from transactional centres to community centres

Malls are expanding in size, which is reshaping the consumer dynamics, say industry experts speaking at the Phygital Retail Convention (PRC) 2024Bengaluru: These days, developers are constructing much larger malls, shifting away from traditional transactional shopping centres towards multifaceted...

Bengaluru: Where commerce clicks

Home to some of the country’s most happening malls, IT companies and e-commerce players the Silicon Valley of India continues to be a thriving commercial hubNew Delhi: With the headquarters of some of the country’s biggest IT firms and...

SPR India to open 1.2 mn sq ft Mall of Madras in Chennai soon

Spanning over 1.2 million sq. ft. of built up area, the mall will be situated at Buckingham Carnatic Mills, Perambur, Chennai, Tamil Nadu Bengaluru: Mall of Madras, a shopping center developed by South Indian real estate developer SPR India will soon...

High street top choice for luxury brands to open retail stores in 2023: CBRE

While high streets constituted a 45% share in the overall luxury retail leasing in 2023, luxury brands' stores in malls followed at 40% and standalone stores accounted for the remaining 15% New Delhi: Luxury brands preferred high street retail locations...

Phoenix Mills’ Rajendra Kalkar moving out

Kalkar, president for malls and a whole-time director at Phoenix Mills, will announce his next move in the next two weeksNew Delhi: Rajendra Kalkar is moving out of Phoenix Mills Ltd. (PML) after having worked at the mall...
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AbCoffee opens 50th outlet in just two years

The homegrown takeaway coffee chain reached the milestone by opening four new outlets in MumbaiMumbai: Tech-enabled grab-and-go coffee chain...
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