In this issue

New Norms, Safety Measures Lead to Industry Revival

It has now been more than five months since COVID-19 hit the Shopping Centre Industry and so far, there has been none to little respite. While malls are finally opening up, the impact of the pandemic has been immense and the industry will take a lot of time to recover. In these five months, Shopping Centre News has been working on providing analysis, reports, recommendations and opinions from industry experts to help keep businesses afloat amid the crisis.
Our focus through features and webinars discussing impact, challenges and solutions has been to help out mall developers and retailers in malls in overcoming this situation, while bringing their concerns to the notice of appropriate authorities.
Recently, we conducted a survey featuring some of the most popular shopping malls pan India, to get a handle on the ground reality of the situation.

Malls Resume Operations Pan India; Multiplexes & Cinemas To Remain Shut

As shopping malls in Maharashtra finally open after a long gap of four months, categories like apparels, electronics, footwear and cosmetics saw maximum footfalls and revenue...

5 mins

Pandemic Toll: Global Malls Report Heavy Losses, Bankruptcies, Shutdowns

Despite adopting new safety norms and offering additional consumer services, shopping centres globally are facing heavy losses and shutdown. Here’s a lowdown of top headlines from the Shopping Centre industry over the world in the past one month …

4 mins

SHOPPING MALLS INTRODUCE ‘CONTACTLESS DINING' TO REVIVE BUSINESS AND FOOTFALLS IN FOOD COURT

With malls operating under specific safety guidelines issued by the government for the past one month now, social distancing has become a key concern for all the food vendors at the food courts – one they are tackling with innovation…

8 mins

ROAD TO RECOVERY: SOUTH CITY MALL RECORDS 13,000+ WEEKEND FOOTFALLS; FOOD, FASHION BIG DRAWS

Since reopening, South City Mall has experienced the maximum weekend footfall of 13,298 on July 26, 2020 and maximum weekday footfall of 11,911 on July 08, 2020…

2 mins

90.6% MALL OWNERS EXPLORING CONTACTLESS TECHNOLOGIES TO ADJUST TO COVID ERA

Despite Unlock 3.0 being announced, mall developers are still reeling under the impact of the lockdown, the subsequent fall in footfalls due to cautious consumer sentiment, retailers not being able to pay rent and added operational costs. Today, despite most malls across the country being open to customers, the industry is yet to reach a point where it can confidently announce it has made a comeback.

10+ mins

SHOPPING CENTRES IN MUMBAI RESUME OPERATIONS; WITNESS 15-20% FOOTFALL

Even as torrential rains lashed the city, malls in Mumbai witnessed 15-20 percent footfall on opening day after a gap of over four months. Malls were mostly visited by middle-aged and young consumers. Conspicuously absent among visitors were children and senior citizens…

4 mins

INDIA REAL ESTATE: A DIFFERENT WORLD POST COVID-19

The report by ANAROCK highlights the changes which the retail real estate industry is witnessing currently and also predicts the future roadmap for the industry under these circumstances…

2 mins

CREATICITY LAUNCHES FIRST-OF-ITS KIND ONLINE FURNITURE MALL

To make life easier, to make shopping as ‘near-zero contact’ as possible and to make shopping for home furnishing and decoration such as furniture and furnishings even more exciting, Creaticity, Pune launched first-of-its-kind online platform www.creaticityonline.com, the first organised furniture mall to go completely online

3 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.