The quest for the ideal location and the right format is what every retailer always strives for, irrespective of trying times. We would like to present to you an except of the comparison study of Malls Vs Main Street Vs Local Markets in the Indian Retail.
Retailing in Malls – Shopping malls are attractive for various cultural and promotional events and as a hang out destination among the younger generations. They scored High on Convenience, Comfort and ease of Shopping. However, retailers felt that stores operating from malls faced high rentals in addition to establishment and maintenance costs. Also the conversion of footfalls in such stores (more…)