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SHOPPING MALL FOOTFALL
PM-WANI reforms to enhance adoption of public Wi-Fi, boost internet accessibility: ExpertsRecent government reforms to the PM-WANI framework, including short-duration data plans and QR-based authentication, are expected to boost ...- 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...
- 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...
- 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...
- 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% ...
- Covid Impact: Car movement at malls halved during January 3-23, reveals dataLower footfalls and sales have led to excess inventory of stocks at stores in shopping malls, and malls Pacific group and Select Citywalk r...
- People stay away from malls, shopping centres as Covid cases spike in Delhi, Mumbai and Bengaluru: SCAIIn cities such as Delhi, Bengaluru and Mumbai, which are witnessing a sharp jump in the number of Covid cases, shoppers are giving a miss, ...
- 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...
- More job cuts loom in malls and stores amid COVID restrictionsSince the last quarter of 2020, malls and shopping centres had started witnessing a gradual recovery in footfalls and consumption after a p...
- Selfie-obsessed youngsters are back thronging city mallsWith young crowds milling around shops and occupying food courts, the buzz and the mojo are back to the shopping centres, say mall executiv...
- 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...
- 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...
- 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...
- Mall owners open doors for MNC brandsMall owners across the country are increasingly tightening the noose on non-performing brands as the Indian retail sector.
- 'Footfall in malls may dip by more than half this Diwali'Shopping malls in major cities may witness a decline of more than half this Diwali, with the trend of online buying catching up on the back...
- Mumbai terror attacks: Mumbai malls tighten security after terror attackA day after Wednesday's terror attack in Mumbai, retailers across the city aren't taking any chances about the security arrangements in sho...
- 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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