New Delhi, Nov. 11 -- At a time when old-school retailers are struggling to survive, a new operating company, Unified Commerce Group, is looking for next-generation retail brands to buy.

The company's founders want to combine their backgrounds in traditional retail with their knowledge of the fast-growing Asian market to find brands that are poised to scale globally.

What makes a retail brand a next-generation contender at a time of so much retail upheaval?

Dustin Jones, CEO of Unified Commerce Group (UCG), and Greg Freihofner, CFO, have a very specific checklist for the retail brands they want to put in their shopping cart.

They are looking, they said in a recent interview with Forbes.com, for purpose-driven brands that possess the "fo...