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Bengaluru begins to see revival in the retail sector; five new malls set to come up in city
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Bengaluru begins to see revival in the retail sector; five new malls set to come up in cityBy
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Synopsis
Bengaluru has been one of the most active retail markets in the country and is a major hub for retail fashion with most international and national brands making their way here.
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Bengaluru is now beginning to see green shoots of revival in the overall retail sector with a U-shaped recovery. While essential goods like food and grocery, followed by apparel, FMCD and electronics, furniture and home furnishings and QSR are seeing a V-shaped recovery, other segments like beauty, wellness and personal care and home essentials may take 2-3 more quarters for full recovery, ” said Anuj Kejriwal, CEO & MD Anarock Retail.