Shopping Centre News - September 2020

In this issue

A New Beginning: Omnichannelisation of Shopping Malls in India

The rapid spike in the number of COVID-19 cases in India has led experts to an obvious conclusion – it will take at least another retail quarter, if not more, for the effect of the pandemic to be wiped clean on the shopping centre industry in the country, and even then, the aftereffects will linger on. As a result, malls in the country will need to stay on their toes for at least another financial year to bring in business and increase footfalls. Despite the losses though, the industry has founda ray of hope to cling on to – digital innovations, technologies and opportunities. Malls today are focusing on transforming into Omnichannelunits in the hopes of attracting more consumers and setting the cash registers ringing.

Malls Focus on Expansion, Raising Capital to Survive COVID

Mall developers are emphasising on new projects and digital innovations to keep consumers engaged and coming in even as the festive season approaches...

5 mins

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…

5 mins

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…

10+ mins

‘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…

2 mins

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…

6 mins

ESSELWORLD READY TO OPEN GATES WITH NEW NORMS & SOPs

The Park has been taking utmost care of guests and staff, and has taken all precautions and necessary steps to ensure EsselWorld is safe to enter and enjoy...

3 mins

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.

4 mins

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…

4 mins

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.

4 mins

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…

8 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.