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MALL FOOTFALLS
India can grow over 8% despite oil shocks, crude impact overblown in narrative: World Bank execIndia's economy shows strong growth, defying fears of oil price shocks. Neelkanth Mishra, World Bank Executive Director, states India is we...- Heatwave and holidays drive 15-20% sales surge for mall retailersHeatwaves, school holidays and reduced summer travel are driving more consumers to air-conditioned malls, boosting sales for restaurants, f...
- For mall outlets, summer's time for some cool businessMalls and retail outlets are seeing a surge in customers. Heatwaves and school holidays are keeping people indoors. Restaurants, fashion, a...
- The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...
- Shopping malls investment: Up to 20% appreciation in these retail mall rentals in Delhi NCR & Mumbai; what retail commercial property investors should knowRetail rental yields in Delhi NCR and Mumbai's Grade A and A+ malls have seen significant appreciation, with Mumbai recording 15-20% year-o...
- Grade A malls near full occupancy in NCR; Mumbai rentals jump 20% YoY: ANAROCKIndia's top malls are experiencing record low vacancies and robust rental growth, especially in Delhi-NCR and Mumbai, driven by strong cons...
- Nexus Select Trust Q4 net operating income up 11% at Rs 440 croreNexus Select Trust reported strong quarterly growth driven by rising tenant sales, stable occupancy, and higher retail income across key co...
- Skechers-retailer Gaurik Fashions files draft papers for IPO with SebiGaurik Fashions has filed draft IPO papers with Sebi to raise funds through a fresh issue of 62 lakh shares and an OFS of 8 lakh shares by ...
- Nexus Trust may buy Galaxy's Guwahati project for ₹1,300 croreNexus Select Trust is set to acquire a large mixed-use property in Guwahati for ₹1,300 crore. Inorbit Malls is also expanding its mall port...
- Dubai chefs shrink menus as Iran war makes tomatillos, scallops harder to sourceIran war: Dubai's vibrant restaurant scene is feeling the pinch. Chefs are struggling to get key ingredients like avocados and tomatillos. ...
- A $176 billion reality check for Europe’s luxury brands as Middle East tensions hit shoppersA distant war is impacting global luxury sales. Europe's top luxury firms have lost billions in market value. The Middle East, a key growth...
- Weekend cheer: Blockbuster movie releases, 'Barbie' and 'Oppenheimer' drive surge in footfalls at mallsPushpa Bector, executive director at DLF Retail, expressed delight at the phenomenal response to the movie releases, leading to increased f...
- Malls worried over thinning footfalls at multiplexesPVR Inox recently said in its fourth-quarter earnings call that it has delayed the handover of about 200 screens due to the "volatility at ...
- Mall operators’ revenue reaches 10% above pre-pandemic level: CRISILThe recovery is visible across tenant categories. Grocery, apparel, footwear, cosmetics, electronics, and luxury, which account for 75-80% ...
- Malls expect surge in footfalls in the upcoming festive season, anticipate increased demandAccording to a survey by Retailers Association of India (RAI), there were signs of marginal recovery as retailers continued to signal a con...
- High-street outlets in New Delhi attract more customers as compared to mallsWhile most malls that have been allowed to open, have managed to get 15-30% of their pre-covid footfalls.
- Deep discounts, drive-throughs cause footfall at malls to double in a fortnight after Unlock.2Mall operators say electronics sales have already reached pre-Covid levels, while sales in other segments, except clothing, are also pickin...
- Malls reports 30% footfall, shorter stay time of customersIn a webinar by the Shopping Centres Association of India (SCAI), mall operators said over 400 malls that are operational at the moment and...
- Movies, shopping boost mall footfallsNearly two months after the stand-off between producers and multiplex owners was resolved, box office grossers such as New York and Love Aa...
- Multiplexes are driving the shopping mall revolutionCinema multiplexes are a perfect example of convergence of retail and entertainment across the mall and high-street organised shopping form...
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