Malls India – Way Ahead – Consolidation + Innovation

We have been covering the Indian Mall / High Street Retail Space and today we conclude the series with future outlook of the sector in the medium term.

At the end of the day, early entrants who had anchored themselves strongly have a better chance of tiding over recessionary waves. The current slowdown is being treated by many as a blessing in disguise, which will force the industry to attune itself to consumer needs.

Consolidation in Retail As a fall-out of the current upheaval in the sector, fly-by-night operators who had accumulated over the past five years of rapid expansion are likely to fade away. But at the same time, as mentioned earlier, (more…)

Review of the Center Square – Vadodara

Kshitij Retail Destinations (KRD) announced the launch of its first mall ‘Center Square’ in Vadodara in June 2008. Center Square is located in Vadodara’s new retail hub Sarabhai Circle, an area that is fast becoming popular for its attractive shopping and hangout options. The mall is spread across four floors and 1,40,000 sq.ft. offering a variety of shopping, entertainment and food options (more…)