Page 4 - Malls

Covid-19 crisis: Malls roll out red carpet but crowds missing on Day One

More than 250 malls were operational on Monday across the country. This is a fraction of the 650 plus large malls in India.

Centre issues SOPs for malls; mandatory thermal screening and face mask

Cinema halls, gaming arcades and children play areas in these establishments will remain closed

Unlock 1.0 kicks in: Hotels, malls, places of worship to open from June 8

With this, the Centre has outlined a plan to reopen nearly all activities outside of containment zones starting Monday.

Lockdown 5.0: In 'exit plan,' positive sign for Metro, malls, restaurants

The new guidelines for the extended lockdown, however, will be comparatively much stricter for 13 worst Covid-19-hit cities

Lockdown 3.0 opens livelihood door; travel by air, rail remains prohibited

Two-week extension allows relaxation for several businesses

Liquor shops to schools: What's open, what's not as India extends lockdown

Districts will be tagged as red, green and orange zones based on severity of coronavirus cases in extended lockdown.

Covid-19 lockdown: Govt allows all local shops to open, but malls excluded

However, the exemptions will not be given in hotspots and containment areas

Fearing NPAs, banks shoot off notices to malls for loan repayment

Banks want tenants to make payment in escrow accounts

Lockdown 2.0: Malls, eateries press reset button amidst Covid crisis

Single shifts, contactless shopping on cards

Tamil Nadu reports second coronavirus case, shuts schools, colleges, malls

All buses and transport vehicles are being checked and sterilising and cleaning activities are also going on full swing

Now malls, pubs can remain open 24/7 in select parts of Mumbai from Jan 26

The areas where these establishments will remain open all night are Fort and Kala Ghoda in south Mumbai and Bandra Kurla Complex in the west

Mall developers, investors look to double retail spaces in next two years

Mall developers such as Prestige and VRSA are developing malls as not just malls but experience centres for shoppers

DLF reworking strategy to raise food & beverages share to 18-20%

Gurgaon-based luxury malls developer, DLF is planning to focus more on food and beverages and allocate around 20 per cent of space to the dining options across its project offerings, a senior company official said. DLF, which has malls across Delhi, Noida, Gurgaon and Chandigarh, has been allotting nearly 12 per cent of the total space to F&B. "We realised that we need to change our offerings to cater to the millennials who are looking for experiences. If we don't give them that, then retail will also witness slowdown as the footfalls will reduce," DLF Shopping Malls Executive Director and Head Pushpa Bector told PTI on the sidelines of the mapic India IRF. She further said that the company is reworking on its strategies to increase the share of F&B to 18-20 per cent. "From the current set up of 12 per cent, we can easily ramp it up to up to 20 per cent. However, we will not be able to increase it to 30 per cent across our mall offerings, but we are doing it in ..

In real estate, malls catch the fancy of private equity players

This is also because retail, especially malls as a sector, have emerged one of the most favoured asset classes for institutional investors in recent times

Statspeak: Malls reinventing to cater to changing consumer expectations

Interestingly, 52% of consumers are willing to spend more for an engaging experience

Mantra to revive ghost malls: New brands, right product mix are key

Malls also need to transform into community spaces and become prominent 'shoppertainment' locations to draw footfall

Despite online shopping boom, 85 malls likely to come up in 5 yrs: Anarock

E-commerce has had an effect on mall business as online portals offer deep discount

CPPIB, Blackstone, other investors bet on malls for better yields

CPPIB's investment could be continuation of the trend the country had seen last year

2018 set to witness highest supply of malls in 6 years, says study

Mall supply in the next three years (2018-2020) is expected to be at 19.4 million square feet

Footfall up 50%: Santa gets bells ringing for malls, retailers

DLF's Mall of India in Noida saw 220,000 people walking in over the weekend