at the very Core of it all … is Content!
Suvishesh Valsan, AVP – Research, JLL India The meteoric growth of e-commerce in India in recent years was broadly seen as a threat to physical retail. Seemingly bearing this out, ASSOCHAM states that e-commerce has grown at a compounded annual growth rate (CAGR) of ~30%, while retail sector growth has been at 15% CAGR over …
The difference in the overall vacancy rate between successful and unsuccessful malls stands at more than 10% across major Indian cities. Around 14 malls, having a combined mall space of 3.5-4.5 million sq ft, are expected to withdraw from retail operations in the near future Anuj Puri, Chairman and Country Head at JLL India JLL …
Shubhranshu Pani, Regional Director – Retail Services, JLL India Food and beverages have evolved from being retail’s poor cousin to being the sector with the dominating edge. F&B and eating out as a concept in India has undergone a post liberalisation sea change – from once a month, the number of times young Indians …
Col. Ashutosh Beri, Managing Director (West), Project & Asset Management, JLL India A mall management agency can result in operating costs reducing by between 5-7% in an up-and-running mall, and by up to 10% if it is engaged at the very inception stage. However, the cost-saving element is just one side of the story… …
One of the aspects that attract customers to a mall is a wide range of interesting stores and services. Many malls in India are today facing a crunch in terms of footfalls and occupancy rate, and the reason often is that, with most malls offering more or less the same brands and stores, visitors are …