Oyo Eyeing Tapping F&B Sector With In-house Kitchens, QSR Carts
The company is eyeing to include 1,500 of its company-serviced hotels in the current financial year (FY26) as part of the initiative
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Retail
India’s Retail Sector To See Cautious Expansion In 2024
- by BW Retail World Bureau
- April 12, 2024
In 2024, among the retail categories, the home décor segment is likely to expand in online and offline formats, while fashion and apparel players will continue expanding in tier-I cities across malls and high streets, according to a report ‘2024 India Market Outlook’ by CBRE South Asia Pvt. Ltd. Domestic jewellery brands are also expected […]
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Apeejay Surrendra Park IPO Open For Subscription, Aims To Raise Rs 920 Cr
- by BW Retail World Bureau
- February 6, 2024
The first mainboard initial public offering (IPO) of the month, Apeejay Surrendra Park opened for the public subscription on 5 February in an attempt to raise Rs 920 crore with the combination of fresh issuance and offer-for-sale (OFS) component. The issue raised Rs 409 crore in the anchor round on 2 February, whereas the retail […]
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Retail
Malls Drive Retail Leasing, 30% Of Absorption From New Shopping Centers
- by BW Retail World Bureau
- January 25, 2024
Real estate consulting firm CBRE South Asia has released its ‘India Market Monitor Q4 2023’ report. The retail sector in India experienced a record-breaking leasing activity in 2023, reaching 7.1 million sq. ft. across eight cities, marking a 47 per cent YoY increase. This surge indicates growing interest from retailers in establishing new setups, expanding, […]
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Costa Coffee Expands Presence In India With PVR Inox Partnership
- by BW Retail World Bureau
- October 6, 2023
PVR Inox, the multiplex chain, has forged a strategic partnership with Devyani International, the franchisee of Costa Coffee, to offer premium coffee at selected upscale properties. In a regulatory filing, PVR Inox stated, “PVR INOX Ltd has entered into an arrangement with Devyani International Ltd on October 4, 2023, for introducing Costa Coffee’s handcrafted hot […]
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Real Estate
Retail
Indian Malls Sees Strong Leasing Activity In H1 With 3.16 Mn Square Ft: JLL
- by BW Retail World Bureau
- September 15, 2023
India’s brick-and-mortar retail universe is bouncing back with strong leasing activity of 3.16 million square feet recorded in the first six months of the current calendar year till June, according to a study released by JLL on day one of the MAPIC India conference, Wednesday. Leasing activity in the retail sector was believed to have […]