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Shibu Philips

Shopping Centres seek government intervention to solve insurance woes

The Indian Shopping Centre Industry is reeling under immense pressure as revenue streams have dried up and retail tenants are proposing various waiver/ rental models around license fees and CAM charges amid the coronavirus pandemic. This is expected to...

SCAI Virtual Roundtable IV: Retail & Shopping Centres – Dealing with the New Normal

The fourth of SCAI Mondays, a weekly, custom webinar series, titled ‘Retail & Shopping Centres: Dealing with the New Normal’ took place on May 18, 2020. The discussion focused on global experiences of re-opening shopping centres amidst restrictions, implementation...

LuLu Mall prepares to welcome back consumers with a cleaner, safer environment

With the Government of India lifting restrictions for the retail industry in a phased manner, retailers and shopping malls pan India are excitedly and exhaustively preparing themselves to re-open their premises post lockdown. For now, the Shopping Centre Industry...

Shopping Centres Reinvent Themselves in COVID Times: Present SOPs to Govt to Allow Them to Re-Open Premises

In a late night order on Friday, April 24, 2020, the government had allowed opening of shops as part of the easing down of lockdown restrictions announced on April 15 with neighbourhood shops and others being to re-open allowed...

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... Even...

Covid-19: The effect on the shopping centre industry & what it’s doing to curb the impact

Pursuant to declaration of Covid-19 as a ‘pandemic’ by the World Health Organisation (WHO), Government of India (GOI) has invoked the provisions of Section 2 of the Epidemic Disease Act, 1897 in order to curb its spread. Further, as...

Fashion Retail: The money spinner for Indian malls

Indian consumers have a deep-rooted association with fashion and luxury. According to Euromonitor International, the sale of luxury goods in India grew 25 percent in 2014 in comparison to China and Indian consumers have never looked back since then....

Indian Malls: Selling experiences to engage consumers

Shopping centres encapsulate a robust holistic experience of entertainment, food, shopping, and leisure. They are no longer looked upon as retail destinations but instead have evolved into platforms to garner memorable experiences and spend good quality time. They have...

Malls hire management teams for end-to-end consumer experience solutions

How does a mall recognise the needs of its catchment area? How does it provide facilities that convert visitors into buyers? For malls across the globe, finding tenants is perhaps easier than bringing in footfalls which translate into sales....

Malls take CSR initiatives to the people, rake in footfalls for good deeds

With the introduction of mandatory spending on Corporate Social Responsibility (CSR) brought on by the Companies Act 2013, companies in India and across the world have shifted focus from anticipating change and understanding the impact of this change to...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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