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Shopping centres in Mumbai resume operations; witness 15-20 pc footfall

Even as torrential rains lashed the city, the malls in Mumbai witnessed 15-20 percent footfall on Wednesday, on opening after a gap of over four months. The malls were mostly visited by individuals who were middle age and young,...

FMCG stocks on a roll as household binge during lockdown drives valuations

Stocks of fast-moving consumer goods (FMCG) companies are on a roll since the lockdown in March as increased consumption at home and lesser disruption in demand compared to other sectors have boosted valuations. The FMCG Index grew 32 percent from...

Inorbit Malls introduce video shopping, home deliveries & curb side pick-ups to enable hassle free shopping

Inorbit Malls located at Malad and Vashi resumed its operation on August 5 after four months of shutdown because of the ongoing pandemic. However, now with new government directives and all safety measures intact, the mall opened its doors...

‘Grocery, electronic & testing labs new hotspots in shopping centres’

The impact of COVID-19 and the ensuing lockdown on both the shopping centre and the retail industry has been extremely serious and challenging. In the last four months, not only India, but the entire world has been affected by...

How malls are redefining shopping experiences in the next normal

The Shopping Centre industry all over the world is a catalyst of organised retail and a major contributor to the success of major drivers of the economy including Entertainment, Fashion, Cinema, F&B, Electronics, FMCG, and many more. The onset of...

Kirana Stores: The new heroes of Indian economy during COVID-19

Kirana stores have had many makeovers and growth variations in the last couple of years. With the sudden emergence of e-commerce solutions and multinational online retail players, who offer various easy pay and delivery options, the next-door grocery stores...

The Phoenix Mills Limited to reopen its retail malls in Maharashtra

The Phoenix Mills Limited (PML), India’s largest retail-led mixed-use asset developer and operator, announced the reopening of its three flagship retail malls in Maharashtra as per the Unlock 3.0 guidelines of the Government of Maharashtra. PML will be welcoming customers...

All shops in Mumbai to remain open from August 5: BMC

In a major relaxation in the lockdown norms, the Brihanmumbai Municipal Corporation (BMC) on Monday said all shops in the city are allowed to remain open all days from August 5 irrespective of the odd-even rule. In a circular...

Disastrous first quarter for the domestic garment industry: CMAI

The 3rd survey conducted by CMAI amongst its members reflects the crisis the domestic garment is going through, with 74 percent of its respondents seeing a 90 percent drop in sales for the quarter ending June 2020. An additional...

Unlock 3.0: Not opening multiplexes to impact millions of jobs, says industry body MAI

The government’s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday. According to a PTI report: The Multiplex Association Of India (MAI) said the industry was...
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Big Basket partners with Tanishq and MMTC-PAMP

Big Basket, a Tata Enterprise, offers fresh fruits, vegetables, pulses and other groceries New Delhi: Online grocery platform Big Basket...
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