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AlphaOne, Amritsar to open in March

Real estate developer and asset management company Alpha G:Corp has confirmed to IndiaRetailing that its mega retail project AlphaOne in Amritsar, Punjab will open in early March. AlphaOne, Amritsar is a two million square feet mixed use development of...

HyperCity to open its fifth store in Thane on Jan 14

Hypermarket chain HyperCity is set to open its fifth store in India, at Thane in Maharashtra, on January 14, 2010. The state already has two HyperCity outlets present in Malad, Mumbai and Vashi. The other two operational outlets are...

Inorbit says no daily rental on the cards

Inorbit Malls says it is not considering employing a pay-per-day rental model at its properties. Responding to a query on the optimum rental equation at Inorbit properties, Kishore Bhatija, CEO, Inorbit Malls, said exclusively to IndiaRetailing, “Across Inorbit...

Shoppers Stop to raise funds

Department store Shoppers Stop is planning to raise funds to acquire 32% in group firm and hypermarket chain Hypercity, a top official said. The company is looking at generating Rs 1 billion to Rs 1.2 billion rupees (USD 21.6...

Retailers, watch out for Thane!

Due to its close proximity to Mumbai, Thane has witnessed rapid urbanisation and commercialisation over the last few years to become one of the fastest growing cities in India.          So far a dominantly industrial town which “employed a million...

Shopper’s Stop to add 500,000 sq ft space by March

Retail group Shopper's Stop Ltd will add 500,000 square feet space by March, across four Shopper's Stop stores and three Hypercity stores, a top official said on Friday. Following the space addition, the firm would have 31 Shopper's Stop stores...

Jaipur – In the pink of retail health

“The market of Jaipur is growing faster and will be in tune in development and commercialisation to that of the metros in the near future,” states Girish Pande, COO, E-City Property Management & Services Pvt. Ltd. (EPMS), which manages...

HyperCITY launches first store in Hyderabad, fourth in India

HyperCITY launched its fourth store in Hyderabad. Spreading across 1,00,000 square feet of retail space including wider aisles and 20 check out counters, the store offers a wide selection of innovative 40,000 products sourced from both local and global...

For the love of the neighbourhood

While the Indian market is appealing to national and international majors as well as to manufacturers, well-entrenched neighbourhood general and speciality stores continue to pose challenges to modern retail companies. Transition appears quite complicated in the current situation, underscoring...

The Future Real Estate Scenario and Modern Retail

India is the last frontier for modern retail development. Our consumer is emerging from decades of minimal choice, restrictive legislation and stifling cultural concerns. A consumer who has always held high aspirations is now freely able to exercise his...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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