12/30/2009

Major retailers in India are toying with the idea of destination shopping, in which stores are developed on the outskirts of a city. "The concept of destination shopping is really big in the US, Europe and Australia. The potential is emerging in India as well, since the concept of second homes where people spend their weekend is catching up in cities like Delhi, Bangalore, Mumbai and Hyderabad. The destination format can make good business if they are set up near such locations," said Gitanjali Lifestyle President Sadanand Pawar.

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