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RAJENDRA KALKAR PRESIDENT
Independence Day consumer sentiment breaks free of slowdownSales of electronic products, smartphones, laptops, television sets, refrigerators, FMCG and daily consumables rose 25-30% YoY during the I...- Pathaan, offers make it a Republic Day to rememberThe increase in sales in the three days leading to Republic Day indicates an improvement in consumer sentiment and discretionary spending, ...
- Higher demand lifts smartphones and electronics sales 20%Electronics and smartphones would have done even better if supplies hadn't been constrained, taking a toll on volumes, which went up in low...
- Sales rebound, retailers start paying out more to mallsSeptember retail sales stood at 96% of what it was during the same month in 2019, up from 88% in August, according to a survey by the Retai...
- Pune’s 7-day shutdown of malls, restaurants, bars to impact at least a fourth of Maharashtra’s hospitality businessThe Pune administration has called for malls, restaurants, bars, cinema halls and places of religion to remain closed for the next seven da...
- Lockdown in UP will impact customer confidence, sales, says mall operators“Weekend is critical for sales in the mall so obviously it’s a big loss. But the positive side is it is only for this weekend and after the...
- More visitors to malls in towns with low Covid-19 infectionPlaces like Kochi, Baroda, Amritsar and Bhopal witnessed 30% footfalls in malls and barring Bengaluru and Kolkata, major cities recorded mi...
- Safety gets top billing at malls to secure consumersPrecautionary measures such as fever screening, keeping adjacent seats in theatres vacant being considered. Currently, retailers selling di...
- Retailers ask mall landlords for revenue-sharing model“It is not even a request – it is an appeal from all tenants to all landlords across the board to collaborate in this unprecedented time to...
- Malls make a killing by turning into one stop for all the wedding shoppingMalls are cashing in on wedding shopping, which is a massive industry, worth around $40-$50 billion.
- Retailers feeling the heat opt for advancing salesEcommerce marketplaces Amazon and Flipkart have lined up promotions this month and next to clear inventory. Discounts will be offered acros...
- Ecommerce-wary malls find online food aggregators’ presence palatableEven though online platforms are bringing additional business for malls, some malls say the presence of delivery staff could irritate shopp...
- Malls are using tech to win a big share of buyers’ walletsMalls are increasingly using technology to target their customers in a personalised manner and offer conveniences in services to win a port...
- Malls spar with Zara again, this time over tax on rentMany malls are refusing to continue with a “special arrangement” where they used to pay half of the 15% service tax on rent paid by Zara.
- Mall operators, shop owners fight over maintenance chargeRetailers Association of India, a nationwide industry body of retailers, has stepped in to initiate a process to help make a standard for d...
- Mumbai based Phoenix Mills Ltd to revamp two malls in Uttar PradeshPhoenix Mills Ltd has taken over the management and control of two malls in Lucknow and Bareilly and hotel in Agra from its joint venture p...
- Why local brands like FabIndia and Metro are being pursued more by shopping mallsOver half a dozen local brands are increasingly being pursued by mall owners as their ethnic products have been posting high sales.
- PVR, Inox tweak food offering at multiplexes to be one-stop-shop for movie goersNilimi Dasgupta, 37, a housewife living in Delhi, rushes to the closest multiplex whenever a movie starring one of the Khans is released.
- Security: Terror-proof mall is a tough propositionMalls in India are strengthening security in response to the terrorist attack in Nairobi, Kenya by Somalia's Islamist Al Shabaab group.
- Realty bites: Brand owners tie up with malls to escape high rentals in Mumbai, New DelhiHigh Street Phoenix Mall in Mumbai has been for years running franchisee stores of US apparel brands Calvin Klein and Tommy Hilfiger.
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