Shopping Centre News
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Shopping Centre News magazine – launched at the India Shopping Centre Forum on March 18, 2008 – is currently in its 11th year of publication. In its decade+ journey, the publication continues to thrive as a knowledge resource center that collects, analyses and disseminates information on the rich Indian shopping centre industry. The mission of the magazine is to encourage the development and spread of sophisticated management paradigms and maintenance methods, keeping in context global benchmarks of the mall industry. The monthly magazine also provides a body of focused research into the architecture, aesthetic and design aspects of shopping centres. The magazine – which is the foremost, most authoritative publication for the shopping centre industry in India – is now available every month and in an all new format. It will continue to act as a bridge between the shopping centre developers and the retail community to help forge a mutually profitable relationship. Shopping Centre News’ subscribers include everyone from CEOs, to marketing, leasing and fund managers to retailers, architects and retail designers. For those who want to keep up-to-date across the latest developments and events in the world of shopping centres, the magazine is a must-subscribe.
Every shopping mall provides its visitors with entertainment, shopping, leisure and food options, but the question remains – what makes one mall different from the other? The answer is simple – mall management. With the advent of e-commerce, social media and app-based commerce, malls are fighting an increasingly uphill battle to bring in consumers and turn them into loyalists. The fact that they all have similar offerings – brands, food and entertainment – makes it even more tough to stay unique. This is where mall management comes in. The October issue of Shopping Centre News takes a look at malls which consider mall management as critical to the success of a developer’s investment. The term ‘mall management’ encompasses wide range of exemplary services to ensure a vibrant atmosphere, a great shopping experience and to provide path-breaking retail concepts to keep the attention of the customers in one place. Besides this, the issue brings it readers the complete round up on real estate investment trusts or REITs. Retail REITs own and/or manage retail real estate and rent space in those properties to tenants. These include REITs that focus on large malls that feature big box retailers. The issue takes a look at how REITs are responsible for extending a mall’s draw in India. We also bring you features on a popular Tier I mall, a well-loved regional mall as well as a new FEC option in Phoenix MarketCity mall in Mumbai, which is gaining in fame amongst consumers for the experience it provides visitors. As always, we hope you find the issue informed and beneficial. Do log on to our website, www. indiaretailing.com to read more informative articles and analyses on the stage of the global retail and shopping centre industry with an emphasis on India.