Fashion

Ethos Q3 reflect Consumer Optimism

Manyavar parent SSSG grows 47% over FY20

Louis Vuitton creates Insta filter for collaboration with ace designer

Merc Maybach S680 – first car bought by a Retail Entrepreneur

ABFRL strengthens TMRW with grand scale plans and D2C acquisitions

Garnier Opens Plastic Waste Collection Center – to Integrate Ocean-bound Plastic into Packaging

E-Commerce

Flipkart spent Rs. 15,020 Cr to earn Rs. 10,476 Cr in revenues
E-Commerce

Flipkart spent Rs. 15,020 Cr to earn Rs. 10,476 Cr in revenues

December 15, 2022
Big Basket spent Rs. 1.10 to earn Re. 1 in FY 21-22; Losses climb 4x
E-Commerce

Big Basket spent Rs. 1.10 to earn Re. 1 in FY 21-22; Losses climb 4x

October 11, 2022
Victoria’s Secret onboards Amazon

Victoria’s Secret onboards Amazon

June 25, 2022
Vinod launches 100% Virgin Aluminium Cookware
Indian Ecomm

Vinod launches 100% Virgin Aluminium Cookware

January 21, 2022
Wednesday, February 8, 2023
  • Login
Retail Updates
No Result
View All Result
  • FMCG
    • FMCG Food
      • Indian FMCG – Food
      • Regional FMCG – Food
      • StartUps FMCG – Food
      • International FMCG – Food
    • FMCG Non-Food
      • Indian FMCG Non-Food
      • Regional FMCG Non-Food
      • Startups FMCG Non-Food
      • International FMCG Non-Food
  • Fashion
    • Luxury
    • Womens’
    • Menswear
    • Kidswear
    • Innerwear
    • Accessories
      • Cosmetics
      • Eyewear
      • Footwear
      • Leather
      • Personal Care
      • Watches
      • Wearables
  • F&B
    • QSR
    • Traditional
    • Cloud Kitchens
  • E-Commerce
    • Amazon
    • Indian Ecomm
    • Services
  • Malls
    • Mall Chains
    • Standalone Malls
  • International
    • USA
    • Singapore
    • China
    • Middle East
    • SE Asia
    • Europe
    • Oz & Nz
    • SouthAm
  • Specialty Retail
    • Travel Retail
      • Airports
      • Metro Rail
      • Railways
      • Highways
    • Auto Retail
      • 2W
      • 4W
      • EVs
      • Fuel Retail
    • Liquor
    • Salons
    • CDIT
    • Grocery Retail
    • Home Improvement
  • Entertainment
    • Cinemas
    • Multiplex
    • OTT Platforms
    • Theme Parks
    • Others
  • Retail Tech
    • Digital
    • Retail AI
    • PoS S/w
    • Payments
    • Credit Cards
    • Crypto
    • Tech Delivery
  • Cities
  • Corporates
    • Industry Info
    • Global
      • Apple
      • Nestle
      • Walmart
      • Starbucks
      • Shell
    • Indian
      • Aditya Birla
      • Arvind Fashions
      • Future Group
      • Reliance
      • Tata Group
      • Shoppers Stop
      • ITC
      • HUL
      • Marico
      • Britannia
      • Dabur
      • Patanjali
      • Reckitt
      • Colgate
    • Listed Cos.
  • Opinions
    • Blogs
    • Videos
    • Interviews
    • Lockdown Impact
    • Editor’s Note
Retail Updates
LuLu Group to play LaLaLa in Tamil Nadu

LuLu Group to play LaLaLa in Tamil Nadu

by Editor
May 1, 2022
in Cities, Malls
Reading Time: 3 mins read
0

Lulu Group, the UAE based retail conglomerate has signed MoUs with the Tamil Nadu state government to set up a mall and hyper market in the State. During the recent visit of Mr. MK Stalin, Chief Minister, Tamil Nadu State to the Gulf countries, the understanding was formalised in the presence of dignitaries. The move is expected to drive fresh employment to over 5,000 people in the Retail sector through direct employment in stores, restaurants and multiplex within the Mall.

The USD 8 bn LuLu Group first entered Kerala in 2013 with it’s flagship mall that also houses its Hypermarket which is popular in the Middle East, especially among the scores of Indians who work in the region. Followed by a huge success in the home state with two properties in Kochi and Thrissur, the group has recently opened its shopping centres at Thiruvananthapuram and Bangalore. While the opening up of a centre in Tamil Nadu was obvious, both entities seem to have sought good PR mileage with the CM’s visit to Abu Dhabi. The company operates 230 stores & shopping centres in 22 countries worldwide with a retail footprint of over 1.60 mn sq ft and employs over 57,000 people according to its website. The Group is also setting malls in various parts of India, from UP to Gujarat.

YOU MAY ALSO LIKE

Indore welcomes Phoenix Citadel Mall

Retail stores hit an early Diwali; Shoppers crowd markets and malls alike

Other than in Chennai, there are only two cities which have name worthy Malls in the state. The Brookfield Mall in Coimbatore, which is a little over a decade old remains the go-to place while the Prozone Mall remains far off, geographically and psychologically to the residents of the town. Satyam Cinemas (now owned by PVR) operates at the former while Inox cinemas operates at the latter. Madurai, on the other hand has a name-sake that is Vishal d’Mall. But the centre remains a neighbourhood centre at best with Inox drawing crowds all year through, except for the past 2 years. The shops are too small and the mix remains redundant to current times.

Chennai on the other had boasts of half a dozen big malls, while Whitefield area of Bangalore alone has 6 malls, ironically. While the Spencers Plaza in the erstwhile Madras was one of the first Malls to come up in India, the conservative nature of consumers in the city has not given enough confidence to domestic & international Mall developers to build mega structures in the state’s capital. India’s pride that is Prestige Developers, who’s malls are a runaway success in every location has perhaps one of the lowest performing centres in Chennai, which also came up a decade back. Express Avenue Mall which houses H&M, Hamleys, Marks & Spencer’s, Starbucks among others remains the city’s favourite due to its central location while Phoenix Market City in the suburban area is a hit among migrants who work in Chennai.

The Marina Mall which opened to much fanfare in early 2019 has failed to take off due to the ongoing pandemic, but is bound to rebound coming summer. The mall is located at the fag end of OMR which is the hotbed of the IT Industry and has an estimated population of over 10 lakh households within a 10 sq km radius. This is also the centre where Inox Insignia debuted. With films like RRR and the upcoming season flooded with movies, audience will be spoilt for choice to watch their favourite matinee idols on the big screen, with an enchanting experience.

LuLu Mall could come up with its centre in ECR or OMR for these are the only areas where large land parcels are available. The discerning population of consumers who wish to shop, dine and entertain also live alongside these areas, propelling future consumption. It would be interesting to note the footprint that LuLu spans in the next 2-3 years, assuming the construction and leasing would take as much time.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Pocket (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Skype (Opens in new window)
  • Click to email a link to a friend (Opens in new window)

Like this:

Like Loading...

Related

Tags: chennaiCoimbatoreMallstamil nadu
ShareTweetShare

Related Posts

Indore welcomes Phoenix Citadel Mall
Mall Chains

Indore welcomes Phoenix Citadel Mall

December 13, 2022
Retail stores hit an early Diwali; Shoppers crowd markets and malls alike
Industry Info

Retail stores hit an early Diwali; Shoppers crowd markets and malls alike

October 31, 2022
Retailers in Delhi to operate 24/7/365
Latest News

Retailers in Delhi to operate 24/7/365

October 31, 2022
Malls bring in fresh blood, new brands
Latest News

Malls bring in fresh blood, new brands

October 11, 2022
Tamil Nadu allows Retailers to operate 24/7
Cities

Tamil Nadu allows Retailers to operate 24/7

July 3, 2022

Listed Companies

PVR Cinemas admits reduce in Q3 compared with 2019
Entertainment

PVR Cinemas admits reduce in Q3 compared with 2019

by Editor
January 20, 2023
0

PVR Cinemas, India's largest multiplex chain had 1.78 lakh seats across 821 screens in India during the 9 months of...

Read more
Back to work impact – Metro Shoes reports highest ever revenues in Q1 FY23

Back to work impact – Metro Shoes reports highest ever revenues in Q1 FY23

October 11, 2022
Reliance Retail posts best-ever performance in Q1 FY2223, more to come

Reliance Retail posts best-ever performance in Q1 FY2223, more to come

August 14, 2022
Titan Industries grows 36% yoy | Tanishq Jewelry by 37% over FY 20-21

Titan Industries grows 36% yoy | Tanishq Jewelry by 37% over FY 20-21

March 6, 2022
Dominos India now at 1,500 locations – Revenues up 13%

Dominos India now at 1,500 locations – Revenues up 13%

March 6, 2022

FMCG

Quick Commerce – End of the Road?

Flipkart spent Rs. 15,020 Cr to earn Rs. 10,476 Cr in revenues

Big Basket spent Rs. 1.10 to earn Re. 1 in FY 21-22; Losses climb 4x

Daawat celebrates World Biriyani Day

Retail Horoscope for May 2022

Metro Cash & Carry expands frontiers in home turf Karnataka

Cities

Tamil Nadu allows Retailers to operate 24/7
Cities

Tamil Nadu allows Retailers to operate 24/7

by Editor
July 3, 2022
0

Tamil Nadu Government allows Retailers to operate 24/7, 365 days a year. Move to boost festival sales especially; retailers ecstatic...

Read more
LuLu Group to play LaLaLa in Tamil Nadu

LuLu Group to play LaLaLa in Tamil Nadu

May 1, 2022
Sunday Lockdown in TN may go – if cases reduce: Minister

Sunday Lockdown in TN may go – if cases reduce: Minister

March 6, 2022
KA State relaxes Weekend Lockdown; Shops, Restaurants to remain open

KA State relaxes Weekend Lockdown; Shops, Restaurants to remain open

January 21, 2022
D’Mart Earnings surge 106% for Q3, 105% for H1

D’Mart Q3 shows rural economy is bouncing back

January 12, 2022

Who We are…

Retail Updates strives it’s best to curate the latest in the world of Retailing from across the world and offers insights and analyses.

No Result
View All Result

In case you missed…

  • Ethos Q3 reflect Consumer Optimism
  • Manyavar parent SSSG grows 47% over FY20
  • PVR opens at Chennai Airport

Search by Tags

E-Commerce F&B Fashion FMCG Industry Info Latest News Listed Cos. Lockdown Impact QSR
  • FMCG
    • FMCG Food
      • Indian FMCG – Food
      • Regional FMCG – Food
      • StartUps FMCG – Food
      • International FMCG – Food
    • FMCG Non-Food
      • Indian FMCG Non-Food
      • Regional FMCG Non-Food
      • Startups FMCG Non-Food
      • International FMCG Non-Food
  • Fashion
    • Luxury
    • Womens’
    • Menswear
    • Kidswear
    • Innerwear
    • Accessories
      • Cosmetics
      • Eyewear
      • Footwear
      • Leather
      • Personal Care
      • Watches
      • Wearables
  • F&B
    • QSR
    • Traditional
    • Cloud Kitchens
  • E-Commerce
    • Amazon
    • Indian Ecomm
    • Services
  • Malls
    • Mall Chains
    • Standalone Malls
  • International
    • USA
    • Singapore
    • China
    • Middle East
    • SE Asia
    • Europe
    • Oz & Nz
    • SouthAm
  • Specialty Retail
    • Travel Retail
      • Airports
      • Metro Rail
      • Railways
      • Highways
    • Auto Retail
      • 2W
      • 4W
      • EVs
      • Fuel Retail
    • Liquor
    • Salons
    • CDIT
    • Grocery Retail
    • Home Improvement
  • Entertainment
    • Cinemas
    • Multiplex
    • OTT Platforms
    • Theme Parks
    • Others
  • Retail Tech
    • Digital
    • Retail AI
    • PoS S/w
    • Payments
    • Credit Cards
    • Crypto
    • Tech Delivery
  • Cities
  • Corporates
    • Industry Info
    • Global
      • Apple
      • Nestle
      • Walmart
      • Starbucks
      • Shell
    • Indian
      • Aditya Birla
      • Arvind Fashions
      • Future Group
      • Reliance
      • Tata Group
      • Shoppers Stop
      • ITC
      • HUL
      • Marico
      • Britannia
      • Dabur
      • Patanjali
      • Reckitt
      • Colgate
    • Listed Cos.
  • Opinions
    • Blogs
    • Videos
    • Interviews
    • Lockdown Impact
    • Editor’s Note

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
 

Loading Comments...
 

    %d bloggers like this: