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- Dubai chefs shrink menus as Iran war makes tomatillos, scallops harder to sourceIran war: Dubai's vibrant restaurant scene is feeling the pinch. Chefs are struggling to get key ingredients like avocados and tomatillos. ...
- Meesho shares jump 10% as JP Morgan initiates coverage with Rs 215 target priceMeesho shares surged nearly 10% after JP Morgan initiated coverage with an 'Overweight' rating and a Rs 215 price target. The brokerage hig...
- JCPenney closing Westminster Mall, California store after 32 years — how can shoppers catch the final sales?JCPenney is closing its Westminster Mall location in California, ending 32 years of serving the local community. The store will stay open u...
- Malls coming up exclusively to house factory outletsFactory outlets for premium brands were not getting the right kind of development in India which has now opened up with these premium outle...
- Retailers resist malls' bid to revert to pre-Covid rentalsWhile many landlords and malls, which had agreed upon rental concessions till December-end, want to return to pre-Covid rentals from next q...
- Deep discounts, drive-throughs cause footfall at malls to double in a fortnight after Unlock.2Mall operators say electronics sales have already reached pre-Covid levels, while sales in other segments, except clothing, are also pickin...
- At Malls, footfall at a discount as fear at a premiumMalls are at about 35% of pre-Covid levels, while in high street, it’s about 70%, Benetton India CEO said. However, shopping centres in sma...
- Thanks to social distancing, offers at mall retailers look distant now“We expect only serious shoppers to visit malls, discounts could attract a larger set of consumer base. Overcrowding is the last thing we w...
- Retailers avoid discounting to meet social distancing norms“We expect only serious shoppers to visit malls, discounts could attract a larger set of consumer base. Overcrowding is the last thing we w...
- Retailers report growth in sales as big discounts increase footfall at shopping mallsA day before Christmas, there were long queues at various stores including Zara and M&S in Ambience Mall in Gurugram where the mall said fo...
- Sale or no sale, It’s a deep discount year on online marketplacesThis is in sharp contrast with the perception that most brands indulge in deeper discounting during sales period than on regular days
- End of season events fail to prop up retailers: ExpertsConsumers are simply not spending money this sale season, leaving business tepid everywhere.
- Fashion brands offer 40-50% discounts to salvage lacklustre holiday periodBrands such as Global Desi, Mango, Marks & Spencer and Levi’s have been offering discounts of 40-50% for several months now.
- Viviana Mall rent monetisation fetches Sheth-GIC entity Rs 600 croreSheth Group, Axis Bank and Elysium Capital Advisory, which acted as the sole advisor for this LRD transaction, declined to comment for the ...
- Now, offline stores also buy products from Flipkart, Amazon to resell them at market pricesSmall offline traders have accounted for more than 20% of the total sales of smartphones and FMCG products by online marketplaces this fest...
- Retailers like Zara, Jack & Jones, Vero Moda to reduce discount periodThe monsoon discount, which started earlier this week, is back in full bloom with retailers like Shoppers Stop and large fashion brands lik...
- Retreat: Run of the mall coming to an end?Are some retailers merely being contrarian or is there a move away from the current mall frenzy?
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