CATEGORIES

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…

LULU MALL KOCHI PARTIALLY OPEN DURING LOCKDOWN, HELPS SHOPPERS IN ORGANISED MANNER

LuLu Mall, Kochi has remained open for hypermarkets, pharmacies, and essentials from 7 am to 5 pm every day during the lockdown. Along with this restaurant takeaway and delivery services are also open till 8 pm in the night…

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...

THE INVISIBLE FORCE BEHIND SUCCESSFUL MALLS: EFFICIENT FACILITY MANAGEMENT SERVICES

Clean restrooms, availability of prams and wheelchairs, foreign exchange services etc. are not just luxuries that a mall needs to extend to patrons but are basic amenities no mall can afford to overlook, and which consumers expect. Malls are working towards better managing these facilities, and understanding the fact that it is detrimental to their revenue and footfalls to overlook both basic and luxury details…

M2K CORPORATE PARK SHOPPING PLAZA: A WORLD CLASS RETAIL & FEC DESTINATION IN GURUGRAM

Malls are no more only retail destinations – they are family hubs, hotspots for a good outing – and hence it is important to provide people with food, fashion & a FEC zone, explains Dr. Vishesh Rawat, Vice President- Sales & Marketing, M2K Group in an exclusive chat…

OBEROI MALL: FROM A MERE RETAIL DESTINATION TO AN FAMILY ENTERTAINMENT CENTRE

In space-starved metropolitan cities, malls offer not just cinema for entertainment but also gaming zones, family entertainment centres and recreation options that target all age groups. Oberoi Mall has grabbed this opportunity and turned it into a winning proposition…

WHAT TO EXPECT WHEN MUMBAI RETAIL GOES 24/7

The city that never sleeps is living up to its reputation as it joins the ranks of global cities such as London which operate 24/7. It is a definite boost to the financial capital’s overall economy. One of the main advantages is that it will help generate more employment opportunities as retailers looking to avail this option will need to hire more people to handle the night shift.

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.

PACIFIC INDIA: DEVELOPING NEXT-GEN TRANSIT RETAIL DESTINATIONS

The group has recently opened their fourth shopping mall, ‘D21’ at Dwarka Sector 21 Metro Station. The newly operational shopping mall is not only the first organised retail mall of the sub-city but also first of its kind development within a metro station with a hypermarket, lifestyle and fashion stores, along with food and entertainment options…

MALLS EMBRACE PHY-GITAL RETAIL TO ADD VALUE TO THE CUSTOMER'S JOURNEY

Phy-gital refers to a retail environment in which physical and digital experiences merge together seamlessly and complement each other in order to offer the consumer a single, positive, integrated experience and mall developers are embracing emerging technologies to ensure consumers stay connected…

Special Events in Malls

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

Global Shopping Centre Industry Works to Reinvent Malls

Across the globe, the shopping centre industry is undergoing a sea of change. Some are investing in to reconstructing, refurbishing and inventing of the malls, where others are still following the marketing and new strategies path. Shopping Centre News brings a roundup of all mall news and activities over the last one month, globally…

TRENDS 2020: HOW INNOVATION IS RADICALLY CHANGING RETAIL & SHOPPING MALL INDUSTRIES

The days of static stores are gone. The guide to transforming shopping malls into ‘Consumer Engagement Spaces’ (CESs) is based upon the experience economy. The CESs of the future will include retail stores often in smaller formats with less dependence on inventory and more focus on creating personalised brand experiences through virtual reality, augmented reality or mixed reality…

BHUMIKA ENTERPRISES TO LAUNCH NEW RETAIL REAL ESTATE PROJECTS IN NCR & JAIPUR

After Udaipur and Alwar, the group is planning several similar projects in other major cities of Rajasthan as well as other cities adjoining DelhiNCR…

THE CHANGING FACE OF INDIAN MALLS: FROM SHOPPING DESTINATIONS TO COMMUNITY HUBS

Shopping Centre News takes a look at what leading malls are doing which is different from the usual to become consumer engagement spaces with the offer of various services that silently and seamlessly work towards making the shopper feel at ease…

SCAI ROUNDTABLE: CONSUMER ENGAGEMENT CORE FOCUS FOR MALL DEVELOPERS, RETAILERS

Since its inception, SCAI has been encouraging the development and vision of the Shopping Centre Industry in India, by equipping it with the requisite knowledge base and operational skills. The round table session at IFF was the first occasion in 2019 where shopping mall developers and popular retailers came together on the same platform to discuss major concerns regarding customer engagement, revenue, security, parking as well as technological parameters required to run the industry smoothly…

SHOPPING MALLS SHINE AMIDST FASHION RETAIL BRANDS AT IFF 20TH EDITION

The 20th Edition of India Fashion Forum which took place at the Hotel Conrad, Bengaluru on December 17-18, 2019 was a landmark event for the Indian Fashion Retail industry…

FOOD COURTS: THE NEW SHOPPING CENTRE ANCHORS

According to a 2019 study, 40 percent of customers will choose a shopping centre based solely on the food offerings there, and nearly 38 percent of these people want healthy options. Getting people into the mall with good food often means they’ll spend more, too. Apart from this, transactions increase as much as 25 percent at malls with quality food-and-beverage options and shoppers who eat at the mall are spending up to 15 percent more per trip…

Discounts & Offers Add Spice to Shopping Malls' New Year Calendar, Revenue

Indian malls seem to have finally cracked the code to bring in more consumers. They are creating excitement through events, technology, all the while keeping their preferences in mind. Shopping Centre News brings a roundup of national mall news and activities over the last one month…

THE YEAR THAT WAS FOR SHOPPING CENTRES

Malls are still considered a destination, but it’s because they now offer amenities, experiences and entertainment to enhance the shopping experience. They are now not only anchored by department stores but with popular restaurants, bars, salons, cinemas, and fitness centres…

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…

M2K CORPORATE PARK SHOPPING PLAZA: GURUGRAM'S LATEST FEC DESTINATION IN THE MAKING

With the launch of famous gastro pub Imperfecto Patio, M2K Gurugram takes the first step towards becoming a prominent community hub where people can shop, eat, work and play…

INORBIT MALLS: INNOVATING, TRANSFORMING AND REINVENTING SHOPPING EXPERIENCES

Inorbit Malls (India) Private Limited a subsidiary of the K. Raheja Corp, is the pioneer of the mall culture in India. The company opened its first mall in 2004 at Malad, Mumbai. Today, it has a national presence with 5 operating Malls in major metro cities Mumbai, Navi Mumbai, Vadodara, Bengaluru and Cyberabad. Inorbit Malls has an universal appeal and plays an integral role in the life of consumers; they are a onestop destination for food, fashion and entertainment. Inorbit has won more than 75 awards including India’s Most Trusted Mall by Brand Trust Report 2014 and has been recognized at various national & international forums like IMAGES Awards, Asia Pacific Shopping Centre Awards, WARC, ICSC, Asia Consumer Engagement Forum, EFFIEs and ABBYs for their commitment in establishing community connect.

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…

Shopping Malls In Turkey On The Radar Of Asian & Arab Investors

Shopping malls in Turkey are attracting the attention of foreign investors, particularly from Arab and Asian countries, including China and South Korea, says a report published in Dailysabah. com. The interest has grown significantly with the increase in the number of tourists from these regions.

KW Delhi 6: An Essence Of ‘Freedom Shopping'

With the promise of a delightful shopping experience to all, KW Delhi 6 is ready to write a new story of customer experience and to establish a new benchmark for success...