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MALLS REOPEN
Iran and US fail to reach a deal after 21 hours of negotiations in Pakistan, says J D VanceUnited States and Iran have concluded peace talks in Pakistan without a ceasefire agreement. US Vice President J D Vance stated that substa...- Malls’ recovery in key cities, except Mumbai, Pune, on track as second wave subsides, CRISILRental revenue for mall owners is seen clawing back to 80-85% of pre-pandemic levels this fiscal, compared with 55-60% last fiscal. Also, w...
- Malls across India report sharp rebound, sales at 70-80% of pre-Covid levelsRetailers and brands said the current recovery is impressive considering malls in various cities operate with various restrictions.
- Over two lakh jobs impacted due to mall closures in Maharashtra, says Retailers AssociationThe restrictions have also afflicted all the businesses associated with malls. On an average, a mall has 200 retail stores operating in it ...
- Retailers' body RAI urges Maharashtra govt to consider reopening of malls, shopping centres"The prolonged closures have impacted the estimated 50 malls in Maharashtra that employ more than 2 lakh people, generate a business of (ar...
- Covid-19: Karnataka mulls easing weekend curfew and reopening mallsAs part of the third level of unlocking from July 5, the state government is looking at relaxing weekend and night curfew, besides reopenin...
- Mall operators plan to review rental deals every monthThis is a departure from the strategies last year when malls announced quarterly slabs of rental reliefs for almost nine months well in adv...
- DLF considering rental waiver for retailers; stores hope other malls will follow suitIndustry executives said retailers are hoping that other mall operators would emulate DLF and extend a helping hand following the deadly se...
- Liquor not allowed to be served in hotels, restaurants in Delhi: Excise dept"Bars in the hotels, clubs and restaurants are not allowed to open till further orders," stated a clarification issued by the Excise Depart...
- Establishments open, but shoppers likely to wait it outStarting this week, states across the country have begun easing restrictions, though cautiously even as daily new cases of Covid-19 infecti...
- Malls may offer extra relief to multiplexes by adopting revenue-share modelAccording to people familiar with the matter, most of the cinemas will opt for a revenue share model after they are allowed to open, and mo...
- 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...
- DLF says demolition is part of enhancement work after roof collapse video goes viralThe spokesperson said that the freak thunderstorm and extreme weather conditions that hit the city in June adversely impacted this portion ...
- Covid-19: Shopping malls in Gurugram to reopen from July 1, Faridabad to decide on MondayThe Haryana government has allowed shopping malls in Gurugram and Faridabad to reopen from July 1, more than two months after they were shu...
- Shopping malls, hotels, restaurants reopen in ArunachalAuthorities of shopping malls in the state capital were seen conducting thermal screening of customers and sanitising them, besides enforci...
- Temples, malls in Telangana reopen after prolonged lockdownFamous shrines, including theLord Venkateswra temple in Hyderabad, Sri Rama temple at Bhadrachalam and Sri Lakshmi Narasimha Swamy temple a...
- Malls in Noida, Ghaziabad brace for subdued reopening on MondayShopping malls in Noida and Ghaziabad will open their doors to the public after more than two months on Monday, but most operators expect s...
- Covid-19: Health ministry issues SOPs for Malls“Physical distancing of at least 6 feet to be followed as far as feasible, use of face covers/masks to be made mandatory and practice frequ...
- Dubai reopens parks, hotel beaches in further easing of curbsThe United Arab Emirates business and tourism hub Dubai has allowed public parks to reopen and hotel guests to access private beaches, stat...
- Retailers being offered rebates on rentsBrigade Malls in Bengaluru is extending a 50% rebate on rent to its tenants from mid-March until its two malls reopen. Phoenix High Street ...
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