In this issue

F&B: The New Anchor to Increase the Footfall

As malls shift their stance from being just shopping centres to community hubs, retail is just becoming a part of the mix. Today, shopping can be done online, e-commerce giving the evolved consumer a wide variety and absolute convenience. So, what brings people to malls anymore?

Shopping centre developers are working towards understanding the new consumer and studying his needs and consequently, re-thinking their strategies. They are mindful of the fact that the new-age customer steps out of his house only in search of something new, and this is one of the main reasons why food has become a mall ‘anchor’.

Being eating out destinations – apart from providing retail and entertainment – means a mall has a very wholesome approach towards pulling in visitors.
Providing unique dining out possibilities to customers is proving to be a winning formula with studies suggesting that 40 percent of customers will choose a shopping centre based solely on the food offeringsthere. Apart from this, transactions increase as much as 25 percent at malls with quality food-and beverage options and shoppers who eat at the mall are spending up to 15 percent more per trip.

Discounts & Offers Add Spice to Shopping Malls' New Year Calendar, Revenue

Indian malls seem to have finally cracked the code to bring in more consumers. They are creating excitement through events, technology, all the while keeping their preferences in mind. Shopping Centre News brings a roundup of national mall news and activities over the last one month…

4 mins

SCAI ROUNDTABLE: CONSUMER ENGAGEMENT CORE FOCUS FOR MALL DEVELOPERS, RETAILERS

Since its inception, SCAI has been encouraging the development and vision of the Shopping Centre Industry in India, by equipping it with the requisite knowledge base and operational skills. The round table session at IFF was the first occasion in 2019 where shopping mall developers and popular retailers came together on the same platform to discuss major concerns regarding customer engagement, revenue, security, parking as well as technological parameters required to run the industry smoothly…

10+ mins

FOOD COURTS: THE NEW SHOPPING CENTRE ANCHORS

According to a 2019 study, 40 percent of customers will choose a shopping centre based solely on the food offerings there, and nearly 38 percent of these people want healthy options. Getting people into the mall with good food often means they’ll spend more, too. Apart from this, transactions increase as much as 25 percent at malls with quality food-and-beverage options and shoppers who eat at the mall are spending up to 15 percent more per trip…

10+ mins

SHOPPING MALLS SHINE AMIDST FASHION RETAIL BRANDS AT IFF 20TH EDITION

The 20th Edition of India Fashion Forum which took place at the Hotel Conrad, Bengaluru on December 17-18, 2019 was a landmark event for the Indian Fashion Retail industry…

4 mins

Read all stories from Shopping Centre News

Shopping Centre News Magazine Description:

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.