Mar 6, 2020 - Reliance Retail acquires Shri Kannan Departmental Store for ₹152.5 crore

TradeBriefs Newsletter
View online   Advertise
             Unsubscribe from India Retail






TradeBriefs Editorial

From the Editor's Desk

Will WeWork Work Out Eventually?

A comprehensive, deep analysis of the embattled startup's outlook

WeWork's biggest problem comes from not owning any real estate: without holding any buildings that WeWork is in, the core costs will never get lower since landlords have full control and purview.

It's a big game of lease arbitrage that WeWork is losing in: lease a building for 3–5 years, sublease individual desk and offices short-term, invest a great deal of money branding and refurbishing the properties... In the end, WeWork feels the brunt of the low occupancy rate - landlords will simply consider the entire floor leased to WeWork as "fully occupied".

WeWork has at least $47 billion worth of lease liabilities that will eventually see the co-working goliath take drastic measures. According to real-estate brokerage George Smith Partners, WeWork could be asking landlords for rent forgiveness, reductions, or some kind of lease rewriting.

Continued here


Stay informed with TradeBriefs. Get ahead!

Advertisers of the day

Aptech Montana International Pre-school: Start your own Aptech Montana International Pre-school now | Rs 20 lakh and space required

Times Impact: Learn how combining print + digital advertising increases effectiveness | Register Now - Bangalore - March 30-April 4, 2020

Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails.



Rise of Dark stores in India
Before the pandemic, grocery shopping would normally happen at the nearest neighborhood store or vendors. However, since the pandemic struck, people...




Social commerce gets closer to being ‘formal’
Social commerce gets closer to being ‘formal’
Companies like WhatsApp and Instagram are monetizing too, as are a clutch of startups such as Meesho, Mall91, Shop101, Dealshare, and Bulbul


B2B retail platform 6Degree raises $1 million in funding
B2B retail platform 6Degree raises $1 million in funding
The fundraise will help the company to ramp up operations for its flagship product software platform, Honeycomb


Nod to open grocery stores offers respite to customers, shopkeepers
Nod to open grocery stores offers respite to customers, shopkeepers
For people running from pillar to post to arrange groceries, Sunday offered some respite with opening of several small shops in the neighbourhood.


Covid-19: Shop timings spell trouble for businesses
Covid-19: Shop timings spell trouble for businesses
Only bazaars and liquor stores did see some buyers turning up in the afternoon, while several other stores were shut


Boris Johnson hails £1billion trade deal with India and says it could open up 6,000 vacancies
Boris Johnson hails £1billion trade deal with India and says it could open up 6,000 vacancies
Downing Street said the partnership with India contains more than £533million of new investment from India and UK businesses secured export deals worth more than £446m.


Google is pausing free trials for Play Store apps in India, blame the new RBI regulation
Google is pausing free trials for Play Store apps in India, blame the new RBI regulation
Google is only complying with the mandate that the Reserve Bank of India issued earlier this year.


Best block printed kurtas, dresses and saris to shop | VOGUE India
Best block printed kurtas, dresses and saris to shop | VOGUE India
If contemporary craft is an investment you want to make for summer, these are the names to bookmark now


Supreme Court defers Amazon-Future case hearing to end-June
Supreme Court defers Amazon-Future case hearing to end-June
The delay may come as a temporary setback for Amazon since it will buy Future Group and RIL two more months to work towards their proposed deal and realign operations


Growth setback likely as Bharat faces second wave
Growth setback likely as Bharat faces second wave
With India’s second wave of the coronavirus pandemic lashing at its interiors, the economic fallout is likely to be far more severe than the first wave, further delaying a recovery in Asia’s third-largest economy


Walgreens teams up with DoorDash, Uber to roll out same-day delivery
Walgreens teams up with DoorDash, Uber to roll out same-day delivery
"Our goal is really to get it as low for the customer as possible. Over the next couple of months we will obviously be refining the price point and st..


It s Day 1 For Ecomm In India
Amazon embarked on a slew of campaigns, celebrating its sellers, pushing its various properties such as Amazon Pantry, Amazon Fresh and Amazon Prime., , amazon.in, brand marketing, ecommerce, Aapki Apni Dukaan, magazine 20 April 2021, Har Pal Fashionable


Zomato emerges most trusted brand during pandemic: Survey
Zomato emerges most trusted brand during pandemic: Survey
Zomato was followed by Swiggy at a distant second position. Zomato trumped Swiggy both in terms of consumer satisfaction and consumer advocacy during the pandemic.


Digital Tax Threshold For Tech Giants Set At INR 2 Cr Revenue, 3 Lakh Users
Digital Tax Threshold For Tech Giants Set At INR 2 Cr Revenue, 3 Lakh Users
The government of India announced that non-resident technology companies will have to pay digital tax under new bilateral tax pacts.


TradeBriefs Publications are read by over 10,00,000 Industry Executives
About Us  |  Advertise Privacy Policy    

You are receiving this mail because of your subscription with TradeBriefs.
Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India