
Traditionally luxury retailers have relied heavily on brick and mortar stores to drive sales. These showrooms or stores offer potential buyers a high-end experience aligned to the brand, and are typically located in upscale, exclusive neigbourhoods/areas that command premium rentals. However, in the current situation with little or no sales, affording rent is a problem […]
Wrapping up the fourth quarter of 2020, Austin felt the effects of the prolonged pandemic. Employment fell nearly 1.5% year-over-year, losing approximately 16,000 jobs. A continually-increasing amount of sublet space added to the vast number of vacant space throughout the market. On a positive note, 2020 saw a stream of large, innovative companies heading to […]
One of the country’s largest industries – contributing 10% to the GDP and accounting for almost 8% of employment, the USD 854 billion worth Indian retail sector was hit severely by the onset of the COVID-19 pandemic. With social distancing and lockdowns put in place in order to contain the virus, consumer spending on leisure […]
The pandemic catalysed the changes set in motion in the workplace, a ball that was set in motion a few years ago. While none of the changes that will come up in the next few years will solidify in a hurry, new thinking is required. The physical workplace is likely to be redistributed to multiple […]
As complex and multifaceted as Digital Twin technology may seem, it is already proving to be a game-changer in the world of Facility Management or FM services. Before we dive deeper into the role and importance of this technology, let us first understand the meaning of a Digital Twin. As the name suggests a Digital […]
There has been a shift from traditional workplaces with cubicles, fixed walls to open offices with an open floorplate and shared working environment. Today, it is no surprise for companies to hold a major team meeting in the middle of an open work area and later have a celebration in the same space. There lies […]
With the changing dynamics of present times, corporates have been compelled to review their requirements for office space more prudently than ever before. Certain industries have embraced the idea of work from home more easily and for a longer term, while some return back to work in a staggered manner, which means a steady return […]
Workplace design has witnessed a drastic transformation over the past decade. In the post pandemic situation, the focus is more on providing a work environment that is fluid and creates a balance without any regimental demarcations. In fact, design trends of 2021 portend towards making employees more comfortable and providing them with a work environment […]
Workplace – The term often connotes a place that is serene and designed minimally with clean lines, in order to facilitate unwavering focus. Well, times are changing, and so are the expectations from the workplace how it should look and feel like. Today, a large number of companies are willing to try out workplace designs […]