Anuj Kejriwal is CEO & MD at ANAROCK Retail, the retail division of ANAROCK Property Consultants headed by real estate industry stalwart Anuj Puri. ANAROCK Retail is the result of a strategic partnership between ANAROCK and Faithlane Property Advisors, which Kejriwal launched in 2017.
High real estate costs have already kick-started concepts like coworking and coliving in the office and residential spaces. It was just a matter of time before the F&B sector came up with its own real estate cost-saving recipe.
The advent of e-commerce in India 'smartly' altered the shopping habits of Indian netizens. Anything and everything - from groceries to apparel to electronics etc. – is now just a click away. For a while, it appeared that 'couch potato shopping' was gaining prominence and disrupting the entire brick-and-mortar business.
The hallmark of a market's increasing maturity is how organized it is - and in any developing country, the state of 'organized' business is usually kick-started by the entry of foreign players who bring in structured deployment and business philosophies wherever they go.
Online retail is projected to grow to US$ 73 billion by 2022 Retail sector attracted US$ 147.40 million investments in FY18 Organised retail penetration expected to reach 10% in 2020 against current 7% Amazon & Alibaba are investing in offline stores – brick-and-mortar retail will survive the ‘online assault’
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