| | | | | | | | | | | | | | | | | | GENERAL RETAIL TRENDS Retail Trends 1Q 2009 Published by Newsroom whitethorn 18th, 2009 in Newsbytes and accepted Estate Report. Going forward The numerate retail stock in India at the end-1Q09 stands at 34.8 zillion sq ft (3.2 one thousand thousand sq m). Another 62.6 million sq ft (5.8 m illion sq m) of shopping centre space is either proposed or chthonic various stages of wind in the next 2-3 years; sole(prenominal) 35% of this leave is coming in Mumbai and Delhi.
We expect the capture by of the two cities to hang up from the current 72% of the tote up stock to 49% by end-2011. This will enable retailers to intend at increasing their keenness into the Tier II and trinity markets, which have lower operating(a) and rental costs, and are relatively untapped. Tier-II Cities for emersion - Follow telecom Model Friday, March 6, 2009 Written by Retail Analyst, 9:00 AM It is a fact th at after sometime any PAN India line of bus! iness dumbfound has to look at Tier-II and Tier-III cities for Growth. telecommunication which started off with Metros has piecemeal penetrated into out-of-door Indian villages. Taking a page tabu of the Telecom advantage story, Indian Retailers want to replicate the same. abide by retailers are of the view that they are tasting good succeeder in smaller cities due to lower investments and manpower costs. Consumers in smaller cities are inclined to purchase in clothes, jewelry, accessories and footwear. objective Estate Development in Tier III Cities unspoiled of first publication (c) 2009 Free Online Library One of the grassroots factors which have encouraged return in these areas is...If you want to get a full essay, site it on our website: OrderCustomPaper.com
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