India’s Retail Sector Pioneer, Kishore Biyani has undertaken yet another change in strategy on the advise of Lowe Lintas by converting Central Mall to Departmental Store. It will now have smaller boutique like spaces with its existing large sized stores as well and focus on its own private labels which offer higher margins. To get the feel of how the first store looks like, one can visit the Bridage’s Orion Mall in Bengaluru.
What Promoted the Change in Future Group ?
It appears that their customers were confused about what Central (more…)