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Shopping Centre News - April 2020

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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 News Description:

Forlegger: Images

Kategori: Business

Språk: English

Hyppighet: Monthly

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.