Mall closures at all-time high in 2016

10 malls expected to go off business this year Snazzy new malls are driving older, smaller and poorly designed ones out of business. Five malls shut down last year and 10 others in Chennai,......

Indian fashion chains bet big amid online retail growth

Shoppers Stop is looking to open four new stores this year and plans to invest Rs 120 crore. Indian fashion chains are betting big on the consumption story even as American chains shut stores,......

Retailers match wits over online shopping

It was meant to be a discussion on omnichannel retailing, but the fashion forum held in the city turned into a debate between online and offline retailers. “We are five times what we were in......

More dollars to flow into retail after Tesco clearance

More foreign investment is likely to flow into Indian retailing after the Foreign Investment Promotion Board approved the proposed Tesco-Trent joint venture on Monday. Executives in the segment say......