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Mall developers may offer rent waiver during 2nd Covid-19 lockdown

While there was a sharp drop in footfalls in malls in H1FY21, there was reasonable recovery in H2. However, the second wave derailed the recovery. IMAGE: An empty shopping mall gets ready to......

As Covid surge hits businesses, malls see rentals plunge

Consultants who help lease these properties say this is the steepest decline at least in a decade. IMAGE: Shoppers undergo thermal screening at a shopping mall in Prayagraj, UP. Photograph: Amar......

Discount stores steal the thunder

They are considered the poor cousins of retailing. But discount stores that sell apparel and accessories at 30-40 per cent lower than the marked price are giving the primary retail chains a run for......

Provogue plans 40 outlets by year-end

Apparel retailer Provogue will set up 40 stores by the year end and plans to introduce new categories in line with its existing businesses. The company plans to set up one store (costing Rs 50-60......

Piramyd Retail to be split into two

Piramyd Retail, the Piramal Group promoted retail venture, is likely to recast its management structure soon.The management restructuring , expected be completed by the March end, would involve......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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