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The roads are jammed and shops are chock-a-block as people make beelines for malls and markets to grab just the perfect gift to make the festival of lights a memorable affair for their loved ones. Click on the link below to know more... #retailnews #retailtrrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

Jackfruit is the king of all fruits. So the masses point out in the Eastern regions of India, even though they have the Mango lovers glowering at them, very dismayed. Yesterday, it was Sarath City Capital Mall 's turn to receive the jackfruit of its labours for the past many years. Prestige Group and Forum Malls were hosting a session yesterday at the Phygital Retail Convention , with the effervescent Muhammad Ali taking up the moderator's role. He had thoughtfully invited Mr. Syed Aslam, our Managing Director, to be a part of the discussion through Vinay Shenoy . The session was about Big Billion Malls and the secret sauce behind their success. I wouldn't go into what was said by the various speakers - Yogeshwar Sharma , pramod arora , Pankaj Renjhen and Shubhranshu Pani as that will be put across by IMAGES Group at some point in time. But during the discussion, while addressing our mall's performance, in a discussion with Mr. Aslam, it was pointed out that we weren't just a big billion mall, we were a two billion mall as we had crossed ₹2000 Crores in net revenue in 23-24, something that we didn't do a song and dance about before this, thinking about probity in such things. It was also pointed out that we had actually done ₹260 Crores in net revenues last December. Then came a smattering of claps, which of course, sounded like a stadium full of clapping fans to my untrained ears. Then, we realised that over and beyond all the footfalls and marketing stuff, brands mostly cared about the sales. And that we had been on the right path all through. It gives us a high. It gives us impetus to create a new mix of brands and experiences. More edgy, more fun and beautiful. Keep tilting the sails, in search of more wind! Thank you, our Retail Partners! Thank you Forum Malls for the extraordinarily large heartedness. #shopping #malls #experiences #visualmerchandising #malldesign #entertainment #amusement #foodandbeverage #marketing #retailpartners #retail #D2C #feedback

Let me tell you what the value of ₹1 rupee is... Imagine 500 people at Big Bazaar, each leaving behind 1 rupee in change without asking for it back. - Daily Impact: 500 people × 1 rupee = 500 rupees - Yearly Impact for One Store: 500 rupees × 365 days = 182,500 rupees With 1500 Big Bazaar stores in the country: - Total Annual Impact: 182,500 rupees × 1500 stores = 273,750,000 rupees (27.375 crores) And here’s the catch: This amount isn’t taxed because it’s just 1 rupee! Now you understand why prices often end in 49, 99, or 999 rupees. Share this to spread the awareness! #RetailSecrets #MoneyMatters #PricingStrategy #HiddenWealth #rupee #currency

When it comes to department stores, just 1% of the highest spenders contribute to around 25% of average sales. Is it any wonder that stores are embracing their VIP clients? Special offerings, custom change rooms and lounges, restaurants and balconies and curated service are some of the perks. #vip #luxuryretail #customerexperience #retailtrends #departmentstores

Strip malls are becoming more popular because they are inexpensive to buy, build, and maintain than traditional malls. Also, they offer a quick in-and-out solution to most customers, with fewer queues at pay points, and most of the common brands offer faster dine-in, checkout, and delivery services. With Dubai's rapid population growth and real estate prices predicted to soar, Strip malls are expected to become increasingly popular.

The first quarter of 2024 showed positive growth for retailers despite initial setbacks due to cold weather in January. March saw a significant 6.1% year-over-year visit boost, driven by increased retail activity leading up to Easter Sunday. Retail prices remain high, but consumer confidence is slowly improving. Value-priced, essential, and wellness-related categories performed well in Q1, with Discount & Dollar Stores leading with 11.2% YoY quarterly visit growth. Grocery Stores, Fitness, Superstores, and Dining also outperformed Overall Retail in terms of quarterly visit growth. Home Improvement & Furnishings maintained a minor year-over-year visit gap despite challenges in the housing market. #retailsales #grocery #superstores #dining #homeimprovement #placerai #emarketer

Galudih Weekly Market Draws Thousands for Makar Festival Shopping https://lnkd.in/gZY3gwEj Shoppers Throng to Buy Traditional Items and Red Sarees for Coming Festival Key Points: Massive crowd gathers at Monday market for festival preparations Traditional items like earthen pots and tilkut in high demand Red sarees emerge as popular choice for upcoming Makar celebration JAMSHEDPUR – The weekly market in Galudih witnessed unprecedented crowds as locals rushed to purchase items for the approaching Makar festival. Market surveys indicate a 40% increase in festival-related sales. Traditional craftsmen report doubled demand for earthen products. Festival Preparations Shoppers purchased essential items like clay pots and jaggery. Recent trends show 50% rise in traditional product sales during festival season. Moreover, spices and clothing vendors saw brisk business. Local traders report 30% higher footfall compared to regular market days. Shopping Patterns Red sarees remain particularly popular for the festival. Textile merchants note 60% increase in traditional attire sales. Furthermore, early preparations begin a week before celebrations. Cultural experts highlight growing interest in traditional festivities. Community Participation The market attracts visitors from surrounding areas. Similar gatherings show 45% increase in regional economic activity. Additionally, the event strengthens local trade networks. Economic data indicates 25% boost to local vendors’ income. The post Galudih Weekly Market Draws Thousands for Makar Festival Shopping appeared first on Town Post. https://lnkd.in/gTedrMg8

INSIGHTFUL VIDEO: Why Restaurants Have Become So Important To Shopping Malls https://lnkd.in/eScCDisv Foot traffic to suburban shopping malls has returned to pre-pandemic levels and high-end malls are thriving. Yelp found that 17 out of the top 25 brands driving consumers to malls are restaurants #retail CNBC

The worlds of luxury fashion and grocery are merging via new retail concepts, such as the latest pop-up from Flamingo Estate and Mytheresa in the Hamptons. Our head of foresight, Fiona Harkin weighs in on this luxe foodie community trend for Vogue Business. “The key trend to note is how consumers are seeking out ‘status snacks’. The phrase ‘you are what you eat’ is taking on new meaning in the face of hype groceries, hipster bakeries and niche memes,” says Harkin. https://hubs.la/Q02F0cYc0 For more on #StatusSnacks and The Future Laboratory's latest food & drink sector predictions, take a look at our new macro report: Functional Feasting: https://hubs.la/Q02F08SH0 #FoodandDrinkFutures #FunctionalFeasting #macrotrend #research