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…

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...

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.

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

SAFETY-FIRST CUSTOMER SERVICE: THE NEW MANTRA FOR MALLS

As shopping malls gear up to re-open their premises on June 8, the day appointed by the Government of India, they have understood that with re-opening will come greater responsibility – that of watchfulness in as far as hygiene goes to ensure consumer safety and confidence…

BUSTING THE MYTHS AROUND AIRCONDITIONING IN MALLS: ISHRAE SAYS ACs SAFE TO USE

A panel of experts discussed how shopping centres needed to plan their air distribution system and pump in more fresh air by adding more fans, ventilators and exhausts which should be cleaned regularly. Shopping centres should flush out the indoor air 2-4 hours before they are thrown open to the public using outdoor air distribution systems…

How Shopping Centres Are Dealing With The New Normal

The current situation of the shopping centre industry is grim. If mall developers are to bounce back after the lockdown lifts, it will only be through establishing their premises not solely as experiential playgrounds, but also as trusted and transparent safe havens…

Starting May-End, Shopping Centre Industry Hopeful of Partial Reopening

With the Government of India easing restrictions in green and orange zones in the country, there is a glimmer of hope for the shopping centre industry that it may resume operations from the end of May or the first week of June…

SCAI: RETAIL & SHOPPING CENTRES – CONFIDENCE BUILDING MEASURES

The webinar aimed at redressing the unprecedented challenges arising out of COVID-19 pandemic for India’s shopping centre development ecosystem. It focused on the measures of prepping to reopen shopping centres in India…

POST LOCKDOWN CONSUMERS WILL AGAIN CONGREGATE AT SHOPPING CENTRES TO SATISFY SOCIAL NEEDS – YOGESHWAR SHARMA, SELECT CITYWALK

One of the most successful shopping centres in India, Select CITYWALK, believes that there lies an opportunity in every crisis and is hopeful that the Indian retail sector will embark on a different growth trajectory in the years to come…

RETAIL & SHOPPING CENTRES: 2020-21 AND BEYOND

A group of India’s leading shopping centre developers, IPCs and retail leaders came together in a webinar series organised by Shopping Centres Association of India (SCAI) to devise effective solutions, including policy influence and government stimulus, out of the severe revenue crisis impacting developers pan-India…

BUY YOUR TICKETS, SHOP ONLINE, AND YOU ARE READY TO ENTER ESSELWORLD & WATER KINGDOM AT EASE!

EsselWorld, the pioneer of amusement parks in India has offered the best of fun & thrill to its patrons and always believed in giving the best of experiences as well. Nonetheless, to make our life hassle-free, the digital world has played an important role and EsselWorld & Water Kingdom has ensured of giving us that ease.

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…

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...

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…

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…

Fashion Retail: Increasing Footfalls & Generating Revenue For Indian Malls

The fashion retail industry is on a meteoric growth trajectory and a lot of credit for this goes to shopping malls. The presence of shopping malls in every city – Tier I, II & III – has made a major impact on the shopping behaviour of the Indian consumer. Today’s Millennial consumers want the best of fashion and prefer malls to high streets to discover this segment because this is where they can find a plethora of fashion brands under one roof…

THE CHANGING FACE OF INDIA'S RETAIL REALTY

A new JLL report has touched upon a few key trends, and why their focus on consolidation is very relevant today, especially since the retail sector has started witnessing an increase in mergers and acquisitions...

MUMBAI SHOPPING MALLS, RESTAURANTS TO REMAIN OPEN 24*7

Accordingly, all establishments falling within ‘gated communities’, non-residential zones with security, CCTVs, parking areas, etc, can remain open round-the-clock from January 27. The commercial establishments will have options to keep them open 24*7 on all days or weekends/ holidays/festivals depending on their specific business potential.

THE YEAR THAT WAS: CUSTOMER CENTRICITY KEY TO SHOPPING MALL SUCCESS

There has been much talk of the death of brick-and-mortar retail as a consequence of the aggressive advent of e-commerce into the country. However, the fact is that it is still the dawn for shopping malls in India. Much has been added in terms of brands, technologies, food and entertainment so far and the sky is the limit for the consumer experience and service that malls are planning to add in their portfolios…

BHUMIKA ENTERPRISES: TRANSFORMING RAJASTHAN INTO A WORLD CLASS RETAIL & HOSPITALITY HUB

The group is committed to its theme of ‘After Here Nowhere’, which stands for the creation of mixed-use developments that bring retail, commercial office space and hospitality all under one roof. Bhumika is planning several similar projects in major Tier I & II cities…

Malls & Warehousing: Chennai Cracks The Code

There are two other industries that share a deep symbiotic relationship with Chennai’s overall real estate viability – one is organised retail (which is due to the presence of prominent shopping malls) and other is warehousing & logistics sectors…

Indian Malls: Selling Experiences To Engage Consumers

A 2018 study by KPMG titled ‘Global Retail Trends 2018’ suggests that customer experience is more important than ever as retailers are striving to differentiate themselves in a challenging and crowded market. Consequently, experience per square foot will be the new retail metric to measure success…

Tracking Investments In The Indian Retail And Real Estate Sector

India’s rapid urbanisation and the structural shift in processes and reforms have given a strong fillip to growth in the country. While the country still deals with unequal growth in urban and rural areas, the overall increase in spending power and rising aspirations of its large middle-class population has spurred a retail revolution of sorts.

Malls Awe Visitors With Installations That Are Works Of Art

Adding glitter and glamour to festivities and celebration of special days in any mall are art installations that resonate with a prevalent theme. These serve the dual purpose of adding glamour to the season, while also serving as platforms for artists to showcase their creativity to visitors and art enthusiasts alike…

MALLS HIRE MANAGEMENT TEAMS FOR END-TO-END CONSUMER EXPERIENCE SOLUTIONS

Providing and maintaining top class services and facilities in malls is not an easy task and most developers have a mall manager and a management team in place for the same. Mall management has been identified as a critical factor for the success of malls in India and across the world…

INDIAN REITS – WHERE THEY ARE NOW (AND WHERE THEY NEED TO GO)

Global investors have had their sights set on India’s burgeoning commercial real estate market for some time. With the success of the BlackstoneEmbassy REIT, a positive signal has gone out to all global investors to stake their claim. At the same time, REITs have opened fresh possibilities and new investment avenues for domestic retail investors…

HAPPY PLANET: DESIGNING BEST FEC EXPERIENCES FOR CONSUMERS

Seeing an ever-expanding opportunity of FECs in malls, Happy Planet an indoor play and gaming area for young adults up to the age of 16 years - was launched in 2010. Built on the philosophy of designing the best experiences for patrons, its mission is to spread smiles among families…

Modern Design Helps Close The Digital Divide, Generate Traffic For Indian Malls

To stop the modern mall from going out of fashion, shopping centre developers are working upon every aspect to entice consumers into coming to them, then be it through experiential retail, FEC offerings or a plethora of F&B options. A less known – but equally important – aspect which mall developers worked upon was the architecture. The design and planning of a mall, its foundation in a sense, work towards pulling in consumers…

Special Events In Malls

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