Analysts believe tariffs are part of the story but not the whole of it
Nearly 20 premium shopping malls, comprising 123 lakh square feet of retail spaces, will become operational by 2026-end across eight major cities in the country to tap rising demand of retailers looking to expand business, according to Cushman & Wakefield. On Tuesday, real estate consultant Cushman & Wakefield released its report 'Premiumisation of India's Retail Sector - Upscaling, Upgrading and Evolving', at MAPIC India Summit here. The consultant noted that as many as 19 Grade A shopping malls covering 12.3 million (123 lakh) square feet of new retail space will become operational in 2025 and 2026 calendar years. These eight cities are-- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Pune and Ahmedabad. Out of the 12.3 million square feet of new Grade A mall supply projected across 2025 and 2026, 8.6 million (86 lakh) square feet will be superior Grade (Grade A-plus), underscoring the sector's shift from scale to quality. The superior-grade malls typically ...
Delhi's Connaught Place saw a 14 per cent annual increase in rentals for retail spaces during the January-March period, while upscale high street location Khan Market witnessed a 7 per cent rise on strong demand from retailers, according to Cushman & Wakefield. Monthly rentals at Connaught Place (Inner Circle) -- a prominent high-street retail location in the national capital -- stood at Rs 1,150-1,250 per square foot during the first quarter of 2025, an increase of 14 per cent year-on-year, the data from real estate consultant Cushman & Wakefield showed. Khan Market, one of the costliest high-street locations globally, commanded a monthly rental of Rs 1,600-1,650 per sq ft in January-March, an increase of 7 per cent year-on-year. Cushman & Wakefield said the asking rent (Rs/sq ft/month) is based on carpet area of ground floor vanilla stores. The rent at Delhi's Greater Kailash-I M-Block Market rose 12 per cent to Rs 475-500 per sq ft during January-March this year. Kamla .
The Indian retail market is expected to reach over Rs 190 lakh crore by 2034 and retailers capable of embracing the country's diverse demographics and contrasting consumer behaviours stand to gain the most, according to a report. With distinct consumer groups, each with their own unique needs even within a city, retailers will need to recognise the different opportunities and pick sharply where they want to play to be successful in 'Bharat' and 'India', said the report prepared jointly by the Boston Consulting Group (BCG) and the Retailers Association of India (RAI). The retail market in India reached a size of Rs 82 lakh crore in 2024, up from Rs 35 lakh crore in 2014, growing at over 8.9 per cent in the last decade, driven by the India's economic growth and an increasingly discerning and diverse consumer base, said the report titled 'Winning in Bharat & India: The Retail Kaleidoscope'. India's consumption growth trajectory has been secular, barring during the COVID-19 pandemic ..
Demand for mall space has also increased, signalling growth in both e-commerce and brick-and-mortar retail industries: Report
While Trent reported strong profit and revenue growth, several brokerages have slashed their target prices, citing slowing growth momentum and weak consumer sentiment
CAIT national president BC Bhartia accused quick commerce platforms like Zomato-owned Blinkit, Instamart (Swiggy), and Zepto of misusing funds received through foreign direct investment
So far, the company has deployed 1,000 vehicles on the road and aims to hit a monthly sales target of 1,000 units within the next 6 to 8 months
The Himachal Pradesh government will set up regulated markets to ensure farmers get fair prices for their produce, Chief Minister Sukhvinder Singh Sukhu announced on Monday. These markets will strengthen the economic condition of the people and save them time, he said. Inaugurating a regulated market at Totu in the suburbs of Shimla, constructed at a cost of Rs 4.5 crore, Sukhu explained that farmers were previously forced to travel to Shimla, often causing financial losses. He said that this market would greatly benefit farmers from various panchayats, including Dhami, Ghanahati, Majthai, Bagi, Dhamoon, Baichadi, Dhanda, Chail, Nehra, Devnagar, Glot, Jubbarhatti, Rampuri, Shakrah and Kalihatti by ensuring better prices for cash crops and vegetables near their homes The new facility includes eight shops, an auction platform, a 20-bed dormitory for farmers, a spacious hall for public events and other essential amenities. Sukhu noted that the establishment of this market addressed a
The moves follow a mixed holiday season so far, with muted spending in stores on key shopping days such as Black Friday
The price of potato has shot up by Rs 5 a kg in Jharkhand's retail market in the past two days after neighbouring West Bengal reportedly restricted the supply of the tuber, an official said on Saturday. In a bid to maintain the stock and keep the price of potato under control, the West Bengal government has allegedly put a restriction on interstate supply of the tuber, according to a potato traders' association in West Bengal. West Bengal meets 60 per cent of Jharkhand's potato demand round the year, while the rest of the demand is met by Uttar Pradesh, Chattisgarh, Madhya Pradesh and local production. "Around 50-55 trucks, each containing 20-22 tonnne of potato, arrive in Jharkhand from West Bengal. We were informed that the trucks were stopped at Bengal check posts from Thursday, which fuelled the prices of potato in wholesale as well as retail markets from Friday in the state," Agriculture Produce Marketing Committee (APMC), Jamshedpur, secretary Abhishek Anand told PTI. He said
It's show time. After weeks of pushing early deals, retailers in the United States and some other countries are promising bigger discounts on Black Friday, the sales event that still reigns as the unofficial kickoff of the holiday shopping season even if it's lost some luster. Department stores, shopping malls and merchants big and small see the day after Thanksgiving as a way to energise shoppers and to get them into physical stores at a time when many gift-seekers do the bulk of their browsing and buying online. Enough traditionalists must still be around, because Black Friday remains the biggest day of the year for retail foot traffic in the US, according to retail technology company Sensormatic Solutions. Black Friday is still an incredibly important day for retailers, Grant Gustafson, head of retail consulting and analytics at Sensormatic, said. It's important for them to be able to get shoppers into their store to show them that experience of what it's like to browse and to
While retail sales, both online and offline, saw some increase during the festive season, the overall growth was slower compared to prior years
Slippages in unsecured retail portfolios take a toll on private banks; elevated credit costs hurt, too
One of the drivers that automatically fuels growth is that India remains one of the fastest growing retail markets and is poised to become the third-largest by 2030
Operator of 'Seven Eleven stores'- numbering over 80,000 worldwide, has been under pressure from investors to divest from its large portfolio of peripheral businesses
Fast Retailing's operating profit rose 31 per cent to 500.9 billion yen ($3.35 billion) in the 12 months through August from 381.1 billion yen a year earlier
That's marginally higher than the company's 475 billion yen forecast, which it lifted in July citing a strong performance in the second half
30 per cent of institutionally held retail assets are located across 12 Tier II and Tier III Indian cities