Shopping Centre News - October 2020

In this issue

October brings some very good news for the Shopping Centre Industry with malls in Maharashtra finally getting clearance to open their food courts in the entire state. Aside from this, cinemas and other entertainment zones inside malls have been given the green signal to re-open with 50 percent occupancy. The industry – especially the F&B sector which had suffered losses worth crores – is hoping that the next few months will signal a recovery of sorts and with the festive season approaching, the news has been a relief for the industry.

Food courts and cinemas, which contribute about 22 percent to the total revenues, have borne the brunt of the impact on operations due to social distancing and are also expected to take the longest to recover. Aside from this, people are still scared and in two minds – should they eat outside of their homes, in a public place or not? This was obvious in the fact that food courts in shopping malls were deserted in the initial phase of the re-opening.

Cinema Halls, Amusement Zones Get Green Signal to Reopen

As shopping malls gear up for the festival season, the order to allow cinemas and entertainment zones to reopen is bringing more festive cheer for mall developers since this is expected to translate into revenue and footfalls…

2 mins

Shopping Malls in Klang Valley with Reported COVID-19 Cases in Third Wave

The recent wave of COVID-19 cases since the beginning of the month has placed several notable shopping malls in the Klang Valley under the spotlight.

2 mins

WE EXPECT A GROWTH IN BUSINESS FROM THE LAST QUARTER OF 2020 – YOGESHWAR SHARMA, SELECT CITYWALK

As part of the ‘new normal’, Select CITYWALK has introduced a suite of services to ensure comfort and convenience to consumers by offering a seamless retail experience. These services offer hassle-free access to products and a process with minimal human interaction…

7 mins

Tablez Brings Spanish Apparel Brand Desigual to India at DLF Avenue Mall

Tablez, a leading retail group, launched the store of its acclaimed Spanish fashion brand, Desigual at DLF Avenue Mall, Delhi in October. The company is all set to activate the expansion plan of the international brand in India.

2 mins

COVID COMPELS FOOD SERVICE OPERATORS IN MALLS TO THINK OUT OF THE BOX

The fear of exposure to a virus which spreads through contact is still holding back many visitors from eating in a restaurant – be it then a shopping mall food court or a fine dine restaurant. This was obvious in the fact that food courts in shopping malls were deserted in the initial phase of the re-opening. While home deliveries and take-aways picked up after the initial dry phase during Unlock but eating out with family and friends lost its charm…

10+ mins

ESSELWORLD: A SPELLBINDING WEDDING DESTINATION

A romantic pre-wedding shoot, a peppy mehendi and sangeet ceremony and an extravagant wedding at various locations across the biggest Park of the country…

2 mins

URBAN SQUARE UDAIPUR TO HAND OVER POSSESSION TO RETAILERS BY APRIL 2021

Since August 2020, sales have picked up substantially in shopping malls, gradually inching up. In fact, many mall developers have hit pre-COVID business levels and now have high hopes from the approaching festive season…

7 mins

Shopping Centres & Their Strategies To Engage With Consumers This Festive Season

With the onset of the festive season, it becomes imperative to engage with consumers actively. It is crucial to communicate about the key offers and latest offerings to home weary consumers who are eager to step out and shop – albeit with precautions like hygiene and sanitisation…

10+ mins

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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.