Sportswear companies Nike and Reebok. Hugo Boss opened two stores last year. |
Two interesting things are happening. The growth of western-style malls is changing the way urban consumers shop. Secondly, we're 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. |