Unprecedented global catastrophe has pushed the business dynamics offthe rails. Most of the large economies went under different forms of lockdowns, and people also rightly took the necessary precautions. A side effect has been a significant slowdown in the macro and microeconomic activities. Now the lockdowns are lifting, and markets are starting to open slowly, with cautious optimism. Retail has been one of the most impacted sectors in an overall slowdown. Retailers around the world are making adjustments to the altered situation, and general sense is that we are still away from business as usual.
People changed their shopping patterns in days. Essential items like grocery, medicine even clean water and sanitary supplies saw increased spending as people tried to hoard these items initially. Over time other categories like office supplies saw a bit of bounce back as global workforce started working from home. During the lockdown, brick and mortar stores saw negligible footfall, and online shopping became the primary channel of shopping. So much traffic suddenly shifted to online channels, that their supplier and distribution networks came under pressure. It has been much hustle and on the feet thinking to make it all work. Not perfect, but everyone is adapting at a fast pace.
Diese Geschichte stammt aus der September 2020-Ausgabe von Shopping Centre News.
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Diese Geschichte stammt aus der September 2020-Ausgabe von Shopping Centre News.
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Home Centre Opens its First Uttarakhand Store in Pacific Mall
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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.
Growel's 1O1 Mall Attracts New Stores on Basis of its Post Unlock Recovery Rate
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Airia Mall in Association with TRRAIN Creates Livelihood for Persons with Disabilities
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