“Two interesting things are happening. The growth of western-style malls is changing the way urban consumers shop. Secondly, were seeing many more big box, value-based formats setting up shop. The size of these stores is about 50,000 square feet, a departure from the smaller mom & pop-type store that dominates the local retail landscape.”
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“Sportswear companies Nike and Reebok. Hugo Boss opened two stores last year.”
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