Shopping Centre News Magazine - April 2020Add to Favorites

Shopping Centre News Magazine - April 2020Add to Favorites

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In this issue

Humans are social animals, and a very important part of socializing in a country like India where open spaces are
scarce are shopping centres. Unfortunately, with the onset of the COVID-19 pandemic, this social lifeline of the
country has come to a screeching halt. For the past five weeks, shopping centres have become deserted, forced to
shut in the wake of a nationwide lockdown to control the spread of the Novel Coronavirus pandemic.
To add to the woes of shopping centres – which include pressure of repayments to banks, even as revenue
streams dry up – no relief seems to be coming from the government. However, instead of bowing down to the
pressure, mall developers are rallying in the face of this black swan event.
Mall developers, retailers, restaurant owners and entertainment players are rallying together, unite,
determined to make it through the pandemic unscathed.
We at Shopping Centre News Bureau firmly believe that malls and retailers are the two
pillars of a vibrant, essential eco-system for modern retail in India – the most powerful
measure of any country’s economic health and they must stand unified to overcome this
crisis.

Shopping Centre Developers Waive off Rents to Support Retailers, Restaurants & FECs

Despite the fact that the shopping centre industry in the red due to the ongoing COVID-19 crisis and the lockdown, developers are showing empathy to the brands associated with them…

Shopping Centre Developers Waive off Rents to Support Retailers, Restaurants & FECs

4 mins

LOANS OF OVER ₹25,000 CRORES & MILLIONS JOBS AT STAKE AS HUNDREDS OF SHOPPING CENTRES FACE CLOSURE

The industry, which had written to the government seeking financial help, is now struck with several banks writing to mall owners directing them to deposit rental payments for the month of April in Escrow accounts against lease rental discounting facility availed by the industry players…

LOANS OF OVER ₹25,000 CRORES & MILLIONS JOBS AT STAKE AS HUNDREDS OF SHOPPING CENTRES FACE CLOSURE

10+ mins

WATER KINGDOM, ASIA'S LARGEST THEME WATER PARK, TURNS 22

With 10 million-plus visitors and still counting, this water park has been ruling the hearts of Mumbaikars for the last 22 years...

WATER KINGDOM, ASIA'S LARGEST THEME WATER PARK, TURNS 22

2 mins

LULU MALL KOCHI PARTIALLY OPEN DURING LOCKDOWN, HELPS SHOPPERS IN ORGANISED MANNER

LuLu Mall, Kochi has remained open for hypermarkets, pharmacies, and essentials from 7 am to 5 pm every day during the lockdown. Along with this restaurant takeaway and delivery services are also open till 8 pm in the night…

LULU MALL KOCHI PARTIALLY OPEN DURING LOCKDOWN, HELPS SHOPPERS IN ORGANISED MANNER

5 mins

SHOPPING CENTRES REINVENT THEMSELVES IN COVID TIMES: PREPARE SOPs TO RE-OPEN PREMISES

The Shopping Centre Association of India is of the firm opinion that amid this black swan event that we are faced with, the best bet for the Indian Government is to reopen shopping malls, since they are professionally run and can control factors like hygiene and social distancing better than local markets, neighbourhood shops and kirana stores…

SHOPPING CENTRES REINVENT THEMSELVES IN COVID TIMES: PREPARE SOPs TO RE-OPEN PREMISES

10+ mins

THE FUTURE OF SHOPPING CENTRES POST COVID-19

In a virtual roundtable conducted by SCAI, Shopping mall developers discuss about the impact of COVID 19 on the industry and what would be the road to recovery when lockdown gets over…

THE FUTURE OF SHOPPING CENTRES POST COVID-19

8 mins

Retail Estate: The Post Pandemic Road To Recovery

Growel’s 101 ran a customer survey campaign with its Loyalty Program members as an engagement initiative and also to understand customer expectations on re-opening of the mall…

Retail Estate: The Post Pandemic Road To Recovery

4 mins

SHOPPING MALLS POST COVID-19: FROM RECOVERY TO REVIVAL

Industry leaders talked about how to keep the retail industry safe, healthy and insulated and with a true partnership approach – be reasonable with partners, collaborate across the supply chain, and involve business models to face tough times ahead…

SHOPPING MALLS POST COVID-19: FROM RECOVERY TO REVIVAL

7 mins

Abu Dhabi And Dubai Prepare To Reopen Malls With New Rules

While shopping centres will be allowed to operate for 10 hours, consumer visiting hours will be capped at three. During the first phase of reopening, entertainment centres, cinemas as well as prayer rooms and public seating will remain closed

Abu Dhabi And Dubai Prepare To Reopen Malls With New Rules

3 mins

Special Events in Malls

Shopping Centre News brings you a detailed look at some of the most engaging mall activities across the country

Special Events in Malls

5 mins

Read all stories from Shopping Centre News

Shopping Centre News Magazine Description:

PublisherImages

CategoryBusiness

LanguageEnglish

FrequencyMonthly

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.

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