The second rung of retail players is shaking things up. Can they take the next leap?

An upwardly mobile population makes Bangalore's suburb Jaya-nagar a lip-smacking catchment area for organised retailers. The significance of this 'must-have' location was not lost on Indian retail's biggies Reliance Retail, Big Bazaar, Aditya Birla Group and Spencer's Retail. By 2007, all four had already set up 5,000-6,000 sq. ft supermarkets in the area. But the stores were still to break even when they had to deal with a new contender. Dubai-based Micky Jagtiani's Landmark Group started its 70,000 sq. ft hypermarket in collaboration with Dutch retail chain Spar in the locality in 2007.

More...