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Most of the existing malls performed poorly in 2012 owing to poor location, inferior management, lack of aggression in brand churning, etc.
With the majority of Indians being constantly on the move, Kiosks have become the ‘in’ thing in food and beverage retail in India.
With earnings at a decline, retailers are walking on a tight rope. Feeling like the proverbial Arabs in an Israeli market, they are looking for ways and means to squeeze a bit more out of their daily roll.