
After over 4 years of discussion, in August the minimalist retailer Muji from Japan opened a 1st store in India, covering 230 sq.m within the Palladium mall in Mumbai. A 2nd unit should open in September on 550 sq.m, probably in Delhi or Bangalore. To manage local Indian expansion, Muji and Reliance Brands signed a joint venture in June 2015, with shares of 51% and 49% respectively. “The leverage of Reliance brands on right real estate access is key to next store, said Ankur Bisen, Director...