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Malls across India are continuously trying to woo more customers and give them one or the other reason for repeat visit. One such attempt is to give local flavour to malls by housing regional retailers, who know the tastes and preferences of the catchment better than others. While malls provide benefits of consistent footfall, modern infrastructure and promotions, there exist challenges too. Regional retailers are hesitating to enter these premises due to higher rents and CAM charges. Here comes in picture the role of the mall developers, who can build their confidence by allowing certain
Shopping Centre News is a bimonthly magazine that was launched at India Shopping Centre Forum, on March 18, 2008, in Mumbai. It is only to be expected that the vision is far-reaching. To put it across in the main points, Shopping Centre News will strive to: Be a knowledge resource centre that collects, analyses and disseminates information on the Indian shopping centre industry in all its aspects of operation Encourage the development and spread of sophisticated management paradigms and maintenance methods, keeping in context global benchmarks in the arena Build up – and inspire – a body of focused research into the architecture, aesthetic and design aspects of shopping centres Be a bridge between shopping centre developers and the retail community, to help forge a mutually profitable relationship