CATEGORIES
Vegas Mall to Host a Hotbed of International Brands, Be Fully-functional by End 2018
The mall will house one of the largest hypermarkets in the city offering unlimited choice as well as Delhi’s first Megaplex, an entertainment zone par excellence – including a bowling alley and a gaming arcade – plus an ideal outdoor location for hosting events…
FECS Come Into Play As Tier II Malls Turn Community Hubs
Even as shopping malls strive to lure and retain customers with a huge blend of shopping, fun, food and activities, the big bag of retail brands with just a couple of dining options thrown in is no longer sufficient enough. This is where the concept of FECs comes into play. To script a radical change in the business viability of organised retailing, consumer connect is imperative and to fuel this change, a substantial amount of exposure is being allocated to FEC zones in malls...
Investments, M&A The Way Ahead For Mall Developers In India
India’s retail real estate sector is in an upswing. Acquisitions from foreign private equity firms, investments by internationally renowned groups, new appointments all promise an increase in mall space this year amid an optimistic environment…
Iscf 2017: Redrawing The Prototype Of Real Estate's Most Promising Asset Class In India
The 10th edition of India Shopping Centre Forum (ISCF 2017) was held from May 10–11, 2017 at Hotel Renaissance, Mumbai. ISCF is a market intelligence and business development destination for businesses and professionals engaged in any and every stage of the retail real estate ideation, design, construction, leading, marketing and management value chain. The mission of ISCF is to redraw the prototype of real estate’s most promising asset class in India, thereby building the blueprint of success for the future of the Shopping Centre industry in India.
The Omnichannelization Of The Mall
Digitilization and Omnichannelization are two terms that we keep hearing at probably all retail gatherings.
Ambience Mall Going Omnichannel, Digitization Coming Soon
The Ambience Mall, Vasant Kunj, recently organized a three-day long Ambience Carnival, intended to entertain people with live music, fashion, food and entertainment. The carnival had all the ingredients of a perfect mela – it had a food zone, set up in association with The Grub Fest, that had pop ups of well-established restaurants displaying their signature delicacies; there were live musical performances by renowned musical bands and artists; performances by well-known radio jockeys and even a flea market comprising of clothing, accessories, jewellery, home décor and home-made food products stalls.
Select CityWalk To Get New Retail Mix; Focus On Fashion & Beauty
To keep up the exclusivity, and consumer demands, Select CityWalk is partnering with a variety of brands present in the centre. The focus this year will be on three categories - fashion, beauty and curated food…
World Retail Congress: Where Ideas Go Global
The 2019 mega event will be featuring 170+ speakers and 1400 attendees from 55 countries. The objective is to stay united in their focus on understanding and serving today’s consumers and ensuring that their businesses change and innovate at the breakneck speed necessary to survive and thrive.
The Future Of The Indian Mall Industry: From Shopping Centres To FECs
While movie theaters and malls have been pairing up for years, today shopping centre operators are increasingly shifting focus to entertainment options, particularly in the last few years. This is in line with the new and modern strategies they are formulating to keep up with changing consumer dynamics…
FECS: Helping Malls Transform From Mere Shopping Centres Into Socialscapes
Mall developers are formulating new and modern strategies and tactics to keep up with changing consumer dynamics and accordingly provide the best for their users. Shopping centres across the globe are now focusing on prime entertainment and several new malls have been constructed around the country, with substantial square footage allocated to Family Entertainment Centres…
Hang Out: An Evolution In Family Entertainment
With rapid urbanisation, climate change and a dearth of play areas for children, it has become imperative to provide other forms of educative entertainment for children, entertainment which exercises not just their muscles but also their brain cells. Understanding this and seeing a gap in the market for the same, Shalini Vij founded Hang Out…
Technology: Shaping The Future Of Malls
The world has also seen a transition in the way consumers shop at the mall - with retailers giving suggestions to shoppers on what to buy, dictating the success of the store based on their personal needs. To satisfy these burgeoning customer needs, not only retailers but malls are also embracing technology to reach modern shoppers…
Select Citywalk: Making Shopping An Experience To Remember
This year, Select CITYWALK will be focusing on expanding categories like ethnic wear and sports stores which are missing in the mall, while also adding more F&B options…
SCAI Mega Roundtable: Fashion & Lifestyle And The Retail Spaces Of Tomorrow
Even as online retail cannibalises store business, shopping centres worldwide are all set to lure in the consumer by adding more and more unique experiences in their premises, some retailers have responded by shuttering stores to cut costs, leaving more shopping malls and plazas empty – resulting in a painful upheaval in an industry that employs millions of people globally – others are gearing up to bring back the consumer…
Kiosks In Shopping Malls: Big Revenue Opportunity For Small Businesses
A quick Google search on small business ideas apt for a mall will throw up options of the most in thing these days – setting up a kiosk. The business of kiosks in malls isn’t something that has happened overnight. This business idea has been advocated globally in developed countries for decades, even though it has picked up pace in India very recently…
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…
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…
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…
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.
Shopping Malls, Restaurant Chains Bridge Differences To Explore Revenue Sharing At India Food Forum 2019
On the concluding day of the 2-day forum, a cross-section of owners of restaurant chains and mall developers sat together to address the issue of vacant F&B spaces in several malls across the country, which are of a grave concern to the food retail industry…
Fashion Retail: The Money Spinner For Indian Malls
A boom in the fashion retail segment in shopping malls in India can be attributed to a number of reasons including an increase in the number of brands in the premium fashion category, the entry of global brands and fast fashion retailers, and the subsequent growing demand for quality Grade A retail real estate space. We bring an in-depth analysis of why fashion is the number one category in shopping malls pan India…
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…
How Superlative Support Services Ensure A Mall's Success
Support services have become a major part in a mall’s image, and play a vital role in attracting footfalls. In India, facilities such as parking, security and housekeeping have evolved over the years to provide world-class services to mall customers. In fact, it can be said that support services are the backbone for any shopping mall. Moreover, with the growing popularity of e-tailing, a superlative experience and provision of outstanding facilities in malls have become even more important to give customers are reason to visit, shop and use malls as social destinations that go beyond just plain shopping.
Growel's 101 Rejuvenates Retail Mix,introduces Acknowledged Brands To Change Perception
With the addition of better anchor tenants and improved tenant mix, the perception of Growel’s 101 has changed from that of a neighbourhood mall to a regional centre…
Effect Of Reit On Indian Malls
REIT, which stands for Real Estate Investment Trust, is a type of company that invests in real estate in the form of ownership and financing of various income-generating real estate properties like office buildings, apartment complexes, warehouses, timberland, shopping malls, hotels etc.
New Mall Space To Increase By 40 Percent In The Country: Jll India
In a recently completed study by JLL, one of India’s largest real estate service rms, retail supply in the next three years (2018 – 2020) is expected to be at 19.4 million sq. ft. (msf). In the same period demand will be approximately 15 msf. The study revealed that 2018 will see the highest supply since 2011.
Luxury Malls In India: The Destination For New Age Shoppers
Luxury Malls In India: The Destination For New Age Shoppers
Decoding Dlf Emporio
Dinaz Madhukar, the Senior Vice President of DLF Luxury Retail & Hospitality is a stalwart in the hospitality sector in India and a name to reckon with in the ever-growing luxury retail space. In an exclusive tête-à-tête with Charu Lamba, she spills the beans on zoning, upcoming brands and technological advancements at DLF Emporio…
Taking A Big Leap; Miraj Cinemas
From providing a wholesome entertainment experience with the perfect blends of the best of sound and display technologies to the comfortable interiors like reclining chairs and disabled friendly infrastructure, one of the fastest growing theatre chains in India- Miraj Cinemas is now all set to take a giant leap to touch 100 screen landmarks soon.
The State Of Indian Retail Real Estate In 2018 & How Malls Are Gearing Up For 2019
The overall retail market in India 2018 stood at 43,251 billion and is forecast to grow by 6.4 percent CAGR in 2018-2023. GDP growth and contained inflation are generally considered panacea for most real estate woes. However, it took a lot more than that for real estate to retain even a semblance of an even keel in 2018…