Shopping Centre News - July 2019

En este asunto

The world is going digital and so is the retail sector. The industry is undergoing a digital transformation
wherein it is bringing together people, data, and processes to create value for customers, all the while
maintaining a competitive advantage.
Brands, retailers and consumers are all bound by a common thread – digitalisation of the retail sector.
An important cog in this revolutionary wheel is the shopping mall. No longer built on a shopping complex,
malls today are combining the physical with the digital to create one wholesome, Phy-gital entity.
Consumers no longer simply go to a mall to shop. In an age when everything is available online and with
the convenience of doorstep delivery, consumers want experiences and malls are confidently stepping up
to the challenge. They’re creating Phy-gital malls – offering goods and services in a digitalised way, where
physical and online retail channels are merging, blurring and influencing each other in new ways.
Being Phy-gital is much more than being Omnichannel. The idea is to offer the consumer things he
cannot experience online, on his tablet or smartphone. The July edition of Shopping Centre News brings
its readers a comprehensive list of Indian malls who are taking ‘smart’ to the next level by using new
technologies to create unparalleled physical experiences that bring consumers to malls in droves.
In conjunction with the lead story is the Mall Technology section, which covers popular tech service
providers that are helping malls go digital and enhance consumer experience. A feature on the importance
of FECs in malls adds to the overall richness of the July issue.
As always, we hope you find the issue informative and valuable to your business. Log on to our website,
www.indiaretailing.com, to read more useful articles and analyses on innovative trends and developments
in the shopping centre industry on a global stage with emphasis on India.

India To Get Over 65 Million Sq. Ft. Of New Mall Space By 2022-end

As of now, the top seven cities of India comprise 72 percent share while MMR, Delhi-NCR, Hyderabad & Bengaluru are slated to see highest the supply of space. Tier II &III cities will see 18.2 million sq.ft. of the new supply. Aside from this, nearly two-thirds of total new supply (40 million sq.ft.) will hit the market by 2020…

2 mins

Retailers Formatting Their Way To Success

The modern age has seen a complete 360 degree in the way retail is conducted, the way retailers treat consumers whose lifestyles are continuously evolving, and who are becoming more demanding and selective in terms of products as well as services. Retailers are bowing to the shift, fine-tuning their existing formats to serve consumers better…

9 mins

Phy-gital Retail Will Define Shopping Centres Of The Future

The global retail industry has observed an increasing number of people shopping online in comparison to hitting brick-and-mortar stores. In a bid to understand this phenomenon and to lure the consumer back to the physical store, retailers are going Phy-gital. The future of the shopping mall in particular and the Indian retail industry, in general, depends a lot upon creating a Phy-gital eco-system which will aim to unify consumer journey by leveraging both technology and experiences. Shopping Centre News Bureau brings experts’ views on the factors responsible for elevating consumer experience in-store using technology. Retail leaders also give a lowdown on the disruption which can be expected in the retail and shopping center industry over the next decade…

9 mins

Phy-gital Malls: A Powerful Arrow In The Shopping Mall Quiver

The new-age consumer is not loyal to any channel – online or offline. His expectations are high and his demands, unceasing. Both, retailers and shopping malls have understood that this evolved customer wants an experience which is unparalleled and are completely focused on experiential retail…

5 mins

Vegas Mall: A 100% Digital Mall Designed To Delight & Inspire Shoppers

With an area of over 6.5 lakh sq.ft., including cinema, shopping and entertainment, Vegas Mall, by Pratham Group, is the hot new buzzing space in Dwarka, New Delhi...

2 mins

Malls Leverage Technology To Boost Fecs, Improve Sales

Technology has an important role to play not only in bringing FEC activities at par with tech-savvy shoppers in malls but also in ensuring that there are no glitches in operations.

5 mins

Special Events in Malls

Malls are doing everything they can to engage children this summer vacation. Here is a roundup of some of the most engaging activities across regions…

4 mins

Posiflex: Providing Effective Pos Solutions To Shopping Malls Globally

The concept of offering total POS solutions under one roof has proved vital to major retailers, mostly because their efforts to coordinate with multiple vendors for after sales services lead to inefficiency and performance issues at stores…

2 mins

Leer todas las historias de Shopping Centre News

Shopping Centre News Magazine Description:

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.