CATEGORIES
PHOENIX MALLS UNVEIL NEW BRANDS, VIRTUAL SHOPPING FEATURES FOR CONSUMER SAFETY
To purchase merchandise they have selected online, customers are encouraged to engage with stylists at Phoenix malls through virtual shopping sessions, pay online and then pick up their orders from designated curbsides at the malls, without having to step out of their vehicle…
INDIAN REAL ESTATE SECTOR: DISRUPTED, TRANSFORMED & RECOVERING
The developers are cognizant of this changing market condition and have effectively controlled launches to not create an oversupply situation. This adaptability and agility to respond as per the market conditions will go a long way for the sector’s growth and stronger emergence in the years to come, analyses ANAROCK in its report and surveys…
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…
‘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…
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.
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…
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.
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…
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…
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…
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...
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...
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…
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.
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.
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…
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…
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…
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…
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…
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…
How Malls Are Redefining Shopping Experiences In The Next Normal
The onset of COVID-19 has brought about a significant change across sectors, a complete transformation in the way everyone operates their businesses. The pandemic has impacted the shopping centre and retail industry significantly too. Till the time the risk levels of the virus reduce or get eliminated, the shopping experience too would continue to be a changed one…
It's Back to Business as Malls Reopen to Sizeable Footfalls, Ample Sales
As shopping centres throw their doors open to customers, mall developers are studying consumer reactions and behaviours and mapping what makes a brand tick, apart from following safety and hygiene standards set by the government amid the new normal…
‘GROCERY, ELECTRONICS & TESTING LABS NEW HOTSPOTS IN MALLS' – DR. VISHESH RAWAT, VP, M2K GROUP
The Shopping Centre Industry, which runs on crowds and footfalls, is still trying to deal with the new set of norms which is a totally new task as the pandemic continues to spread its reach pan India. However, with various limitations and strict measures, the challenge to bring back the consumer confidence so s/he returns to public places like malls is huge…
THE NEW NORMAL HAS HELPED MALLS GAIN UPPER HAND OVER HIGH STREETS
Given the extraordinary circumstances, shopping malls are best suited to implement strict protocols to control crowds and in making sure social distancing norms are followed to provide a safe, hygienic physical shopping space to the shoppers…
Special Events in Malls
Shopping Centre News brings you a detailed look at some of the most engaging mall activities across the country
HOW MALLS & RETAILERS ARE PREPPING FOR THE POST-LOCKDOWN WORLD
According to the survey, over 50 percent of respondents voted in favour of visiting malls within the initial month of reopening. Data says that the customers are looking forward to it as they are excited about hitting the stores to buy various products and one of their favourite sections is the food and beverage (F&B) outlets serving various delicacies
CONVERSIONS & OCCUPANCY AVERAGING 75% IN MALLS; GROCERY, ELECTRONICS, ATHLEISURE, KIDSWEAR, PERSONAL CARE & FOREIGN FAST FOOD DRIVE SALES
With approximately 80 percent occupancy and around 425 malls opening doors, the third ‘live from ground zero’ show revealed a lot of new trends with 20+ centres in metros, Tier I & II, rural & smaller cities sharing consumer shopping behavior. Shopping centre heads and executives discussed footfalls, conversions, consumer demographics, out-of-the-box retail innovations, average dwell time, revenge buying’ etc., along with new emerging trends…
Global Malls Reopen, Adopt New Strategies to Survive Pandemic
From adopting the online route to increase sales to launching sales and in some cases even converting into mixed-use apartment buildings, malls across the world are trying it all to stay in the game…
AT 14% ROI, INDIA REITS OUTPERFORMED BSE REALTY INDEX
From its inception leading up to 25th June 2020, Embassy Office Parks REIT has yielded 14% returns, which is higher than the returns generated by BSE Realty Index (which yielded negative returns of 20% in the same period…