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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.
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…
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.
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
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,...
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...
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..
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.
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…
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…
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...
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…
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…
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.
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…
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…
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…
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.
PHOENIX MALLS UNVEIL NEW BRANDS, VIRTUAL SHOPPING FEATURES FOR CONSUMER SAFETY
To purchase merchandise they have selected online, customers are encouraged to engage with stylists at Phoenix malls through virtual shopping sessions, pay online and then pick up their orders from designated curbsides at the malls, without having to step out of their vehicle…
INDIAN REAL ESTATE SECTOR: DISRUPTED, TRANSFORMED & RECOVERING
The developers are cognizant of this changing market condition and have effectively controlled launches to not create an oversupply situation. This adaptability and agility to respond as per the market conditions will go a long way for the sector’s growth and stronger emergence in the years to come, analyses ANAROCK in its report and surveys…
Spot On: Parking Gets A Deep-Tech Makeover
Digital parking solutions platform Parkr hopes to transform India’s large-box parking infrastructure management systems.
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…
THE OMNICHANNEL BUSINESS MODEL IS NO LONGER A CHOICE
Retail Thought Leadership Survey-2020, a report by bluepi, highlights the importance of Omnichannelisation and predicts it to be the next big thing post pandemic…
‘CONTACTLESS SHOPPING EXPERIENCE': A MUST HAVE FOR THE FUTURE
After 76 days of lockdown, malls reopened on 8th June 2020. Since then footfalls are limited in the malls but sales have started, resulting in high conversion ratio. As per a RAI survey, a few categories such as food and grocery, consumer durables and furniture are showing signs of recovery. The food and grocery business is expected to revive faster as compared to other categories…
WINDS OF CHANGE: BRAND NARRATIVES UNDERGO REVOLUTION IN NEW NORMAL
The pandemic has caused change in consumer behaviour and has taught brands to ideate new ways in which to connect with their customers. Some of the initiatives adapted by brands are shopping over WhatsApp, video calling, curbside pickups and special home visit deliveries.
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…
THE SAAS APPROACH: TECHNOLOGY TO BOOST REAL ESTATE UPTAKE IN INDIA
Today, they have the option of an integrated Customer Relationship Management delivered through Software as a Service solution – or SaaS, as it is now commonly referred to - created and managed by tech driven real estate consultancies.
Shopping Malls Continue to Focus on Consumer Safety, Hygiene Amid ReOpening Process
While a lot of shopping centres globally are hitting their normal level of business, many are still struggling to cope in COVID times. Here’s a complete lowdown of how mall operators across the world are tackling the pandemic…
SHOPPING CENTRES TRANSFORM INTO SMART, OMNICHANNEL PLATFORMS IN THE NEW NORMAL
With a consumer base that is interested in experiential retail and the COVID-19 pandemic which has necessitated the need for digital retail experiences, malls have had to adapt Omnichannel technologies, reshape their strategies, incorporate new features into their business structure, and are now moving towards those technologies and experiences that are digitally more convenient to the consumer stuck at home…
RETAILTAINMENT: REELING IN CONSUMERS WITH DRIVE-IN CINEMAS & OPEN-AIR THEATRES
To keep the revenue stream flowing, cinema halls are exploring other opportunities and are busy making strategies for the future. New concepts which have caught the fancy of many are open-air theatres and drive-in cinemas…