Business
Shopping Centre News
Some Malls Reopen In Israel, Defying Virus Rules
As Israel began to ease lockdown measures, several chain stores in outdoor shopping centers across the country opened to customers in violation of the ongoing Coronavirus restrictions on commerce. Strip malls belonging to the BIG group opened at several locations in the center and the north of the country.
1 min |
February 2021
Shopping Centre News
Pandemic Rules For Stores, Malls A Grey Zone For Shoppers
As shoppers line up outside malls and retail outlets in Winnipeg, some uncertainty remains about how provincial public health guidelines are being applied to malls and large retail outlets.
1 min |
February 2021
Shopping Centre News
SHOPPING MALLS REPORT HIGHER CONVERSION & REVIVAL RATES IN FESTIVAL SEASON; BEAUTY, ATHLEISURE, JEWELLERY & WATCHES TOP PERFORMERS IN TIER II CITIES
Shopping Centre News conducted a survey on ‘Consumer Sentiment, Behaviour and Comparisons of Sales in Festival Season (2019-2020)’ to find out the exact situation of the Shopping Centre Industry on the ground. 35 shopping malls pan India (from Tier I, II & III cities), participated in the survey and the results were quite overwhelming. Though the percentage in sales, revenue, footfall has been less in comparison to last year, the conversion rate and revival rate saw a huge surge. As a result, mall developers are looking forward to a speedy recovery in comparison to what they had predicted during the initial stages lockdown…
10 min |
February 2021
Shopping Centre News
Malls Go Online As Shoppers Stay Home
The pandemic has forced mall operators and retailers to accelerate their digital transformation. Mall operators are now working closely with retailers to offer personal shopper services, delivery and curbside pick-up for customers who are still wary of going inside the mall.
1 min |
February 2021
Shopping Centre News
IT'S BACK TO BUSINESS AS MUMBAI MALLS CLOCK 80-90% YOY SALES, USHER IN NEW STORES
Mumbai, India’s financial capital may have been the last to let shopping centres open their doors for consumers but six months since the opening, business has picked up and is almost at par with that of malls across other cities in India. While a chunk of the credit for the flourishing business goes to the spirit of Mumbaikars, it is indeed commendable to note the way malls have taken care of the most minute of details to bounce back…
10+ min |
February 2021
Shopping Centre News
Delhi Allows Cinemas to Run at 100% Seating Capacity
Cinema halls, which have been operating with a 50 percent cap on seating, will run at full capacity from Monday. Delhiites will also be able to use swimming pools. This was allowed in an order issued by Delhi Disaster Management Authority on Sunday, which also permits trade exhibitions and opening of stadia for sports events.
1 min |
February 2021
Shopping Centre News
Home Centre Opens its First Uttarakhand Store in Pacific Mall
Home Centre, leading home retailer in India established in 1995 has launched its first Uttarakhand store at Pacific Mall in Dehradun. Home Centre has 52 stores Pan India in cities like Delhi, Mumbai, Lucknow, and Bangalore. The brand started off with a single store in Sharjah, UAE.
1 min |
February 2021
Shopping Centre News
Flash Mob for Road Safety Awareness at Growel's 101 Mall
Supporting the Road Safety Month initiative, Growel’s 1O1 Mall in Kandivali organised a fun filled Flash Mob performance by NGO We Can We Will Foundation to create awareness in a fun way about avoiding road mishaps. Gracing the occasion as the Chief Guest of the evening was Senior Police Inspector Mahadev Jadhav. The event was also attended by authorities from the traffic department of the Mumbai Police.
1 min |
February 2021
Shopping Centre News
Growel's 1O1 Mall Attracts New Stores on Basis of its Post Unlock Recovery Rate
Malls in Maharashtra re-opened in August’20 after more than four months of the pandemic induced lockdown with initial footfalls at only 20% - 25% of previous year.
1 min |
February 2021
Shopping Centre News
Airia Mall in Association with TRRAIN Creates Livelihood for Persons with Disabilities
In India there are about 26.8 million Persons with Disabilities (PwDs) out of which their employment is less than 1 percent, as per the census of 2011. In an attempt to support employment to PwDs, AIRIA Mall in association with Trust for Retailers and Retail Associates of India (TRRAIN) is opening a training centre to train them through TRRAIN’s livelihood creation program, Pankh – Wings of Destiny. On completion of their training, the trainees will be employed in the mall and its retail brands. The inauguration of the centre was done by Deepak Sethi, Project Director Reach Promoters Pvt Ltd and Sanjeev Kumar Centre Head, AIRIA Mall.
1 min |
February 2021
Shopping Centre News
50% Of Real Estate Cases Under IBC Closed In 2020
The NBFC catastrophe in the second half of 2018 led to a severe liquidity crisis for developers and the non-availability of the refinance window caused many under-construction real estate projects to be stalled…
5 min |
January 2021
Shopping Centre News
How Shopping Centres Can Analyse Market & Consumer Trends
In an attempt to understand consumer trends and market analysis, the Phygital Retail Convention (PRC) hosted a session titled ‘How To Analyse Market & Consumer Trends?’ from the shopping mall developers perspective. The idea of the discussion was to find the impact and approach of tenants and consumers towards the shopping mall in coming months…
10+ min |
January 2021
Shopping Centre News
LuLu Group to Invest ₹200 Cr in Noida
The Abu Dhabi-based Lulu Group has announced its expansion plans in Uttar Pradesh, involving ₹200 crore more investment at Greater Noida, as per a report by PTI.
1 min |
January 2021
Shopping Centre News
RETAIL REAL ESTATE STRATEGY MEET: MALLS & RETAILERS TALK COLLABORATION, CO-CREATION OF CONSUMER CONFIDENCE & DIGITAL TRIGGERS TO BOOST DEMAND
IMAGES Group’s 1st on-ground event post-COVID, Retail Real Estate Strategy Meet was all about listening to and absorbing ideas and initiatives which some of the top retailers and shopping centre heads came up with during and after the lockdown to get back on the track of revival and growth…
10+ min |
January 2021
Shopping Centre News
SUGAR Cosmetics Expands Offline Presence Amid Pandemic, Opens 3rd Mumbai Store in Oberoi Mall
While many brands faced hardships during the lockdown period, SUGAR Cosmetics continued to spread the joy of makeup to their fanbase through these difficult times.
2 min |
January 2021
Shopping Centre News
THE IMPACT ON BUSINESSES AND WEALTH EROSION IS EXPECTED TO WEIGH ON THE INVESTMENT DECISIONS OF HNIS: JLL
Real estate, which plays the dual role of contributor as well as a beneficiary of growth, will prove to be the most important asset class in the HNI portfolio due to its tangible nature and associated wealth indication
8 min |
January 2021
Shopping Centre News
Mall Owners to Work on New Projects, Acquisitions Despite COVID-19
Shopping mall owners are bullish about growth prospects of India’s retail sector despite the disruption caused by the COVID-19 pandemic and will continue to build new projects as well as look for acquisition to expand their businesses,...
2 min |
January 2021
Shopping Centre News
INORBIT MALLS EXPANDS OFFERING WITH THE LAUNCH OF 23 NEW STORES POST LOCKDOWN
There is a whole evolution in behaviour, and everyone is trying to accept and move forward with the transition. Businesses are focussing on cost efficiencies and regaining customers trust. Brands are taking the contactless, appointment-based and tech-driven route. Technological integration has enhanced the human interface. Formats like self-check-in and check-out could be the next emerging trends...
4 min |
January 2021
Shopping Centre News
CHANGING DYNAMICS & CONSUMER SHIFTS OF THE FURNITURE INDUSTRY TOWARDS PHYGITAL
There is a need to utilize the vowels of the new voyage – namely Adaptability, Empathy, Innovation, Ownership and Understanding – with more passion and commitment than ever as the journey continues into the New Year with renewed hope..
5 min |
January 2021
Shopping Centre News
Geetanjali Salons Inaugurates Third Store at Phoenix Palassio Mall, Lucknow
India’s leading high-street salon chain Geetanjali Salons today unveiled its third store here at Phoenix Palassio Mall, Lucknow amidst the presence of renowned celebrity hairstylist and Managing Director, Geetanjali Salons, Sumit Israni.
2 min |
January 2021
Shopping Centre News
MALLS NOW HAVE AN ADDED RESPONSIBILITY – OF MAKING SURE THAT ALL IS WELL
Shopping Centre News speaks to mall owners and developers to find out the measures they have put in place for the wellbeing of their patrons and staff...
10+ min |
December 2020
Shopping Centre News
STATE-OF-THE-ART SHOPPING MALLS ARE REDEFINING RETAIL IN RAJASTHAN
Currently, there are as many as 18 operational malls across various cities in Rajasthan, and two more are in the planning stage. Of the 18 operational malls in the state, 9 are in Jaipur, 3 in Udaipur and 2 each in Ajmer, Kota and Jodhpur. The cities with the two upcoming new malls are Udaipur and Kota, which will be spread over a total 4.1 lakh sq.ft. area combined…
8 min |
December 2020
Shopping Centre News
SHOPPING CENTRES IN SMALLER TOWNS LEVERAGE DIGITAL TO STAY AHEAD
Mall developers and experts agree that smaller shopping centres in Tier II and beyond have better recovery rates in comparison to those in urban areas. In an attempt to understand and dissect these opportunities, PRC hosted a session called ‘Emerging Opportunities in Emerging Markets’ to know what’s working in Tier II and beyond, making these markets the next big thing…
10+ min |
December 2020
Shopping Centre News
NEW BUSINESS MODEL, INNOVATION, CAMPAIGNS, CROWD MANAGEMENT REINVENTED VIVIANA'S REVIVAL POST-LOCKDOWN
Profiles, behaviour and needs of consumers have undergone a sea change, macroeconomic situation is vastly different, work-from-home and other factors have led to large-scale migration of workers, policies are evolving to meet the current needs, and much more – all this with an undercurrent of uncertainty.
4 min |
December 2020
Shopping Centre News
DIGITAL REVOLUTION: SHOPPING CENTRES GET A TECHNOLOGICAL MAKEOVER POST COVID
Industry captains discussed how technology can be a boon for the shopping centre industry, if used correctly, adding richness to real life experiences, while providing convenience to consumers…
10+ min |
December 2020
Shopping Centre News
Spot On: Parking Gets A Deep-Tech Makeover
Digital parking solutions platform Parkr hopes to transform India’s large-box parking infrastructure management systems.
3 min |
November 2020
Shopping Centre News
Malls Turn Parking Lots Into Revenue Making Properties
It is essential for a shopping mall to come up with a comfortable parking layout to provide their customers with a seamless experience. And while most malls have already mastered that, they are now using the area to host viable events and generate revenue for malls which have been hard hit in COVID times…
5 min |
November 2020
Shopping Centre News
THE POWER OF ONE: SHOPPING MALLS AND RETAILERS MUST JOIN FORCES TO PREVAIL
The session ‘The Show Must Go On‘ at PRC, brings some dynamic developers and retailers from the shopping mall and retail industry that are already on the fast track – to discuss recent developments and plans ahead…
10+ min |
November 2020
Shopping Centre News
Special Events in Malls
Shopping Centre News brings you a detailed look at some of the most engaging mall activities/events/ launches across the country…
9 min |
November 2020
Shopping Centre News
SHOPPING CENTRES & RETAILERS: ACCELERATING COLLABORATION TO CO-BUILD INDIA'S CONSUMPTION STORY
In a session at PRC, Amitabh Taneja, Chairman-SCAI and Bijou Kurien, Chairman- RAI, discuss the new parameters of consumer consumption and how shopping malls and retailers need to collaborate on these factors in post and current COVID situation.
10+ min |