Malls among most sought-after retail assets

| January 15, 2018

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The past decade has seen failure of a vast number of malls across the country. The major reasons for this were – strata sales by developers, poor planning with respect to design, smaller (non-optimal) size of malls, improper location selection, inaccurate demand forecasting, shrinkage in catchments, advent of e-commerce and in most cases oversupply of spaces in the same locality. Due to oversupply of malls, the malls that were doing well initially started to suffer. A huge number of the malls failed and shutdown, the ones which survived had to undergo a major transformation from a mere provider of space for brands to modern day entertainment hubs. A large number of cases of failure made investors shift their focus away from malls. Even developers shelved plans to build malls and the land acquired for constructing malls were either kept idle or were used for residential or office constructions.

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How Art Van went from a retail juggernaut to a house afire

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E-commerce Market & Trends: A Report On How India Sells & Shops

Article | March 8, 2020

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Article | March 8, 2020

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VIOLET GREY

Based in Los Angeles, California, VIOLET GREY is a venture-backed content and commerce beauty company with a readership base in over 170 countries and a luxury shopping destination bringing together an edit of the best in beauty.

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