Tuesday, December 25, 2007

Spiralling rentals hit retail boom

First came political misgivings and then street protests by small-store owners across the country, who were afraid they would be put out of business by the deep pockets and discounting powers of the retail chains. But that perhaps didn’t worry Indian tycoons as much as the surge in rentals and space shortages they are now battling in a bid to open thousands of stores and change the way the subcontinent shops.

Mint
http://www.livemint.com/2007/12/23235111/
Spiralling-rentals-hit-retail.html

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