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SHOPPING MALLS REVENUE
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...
- Starbucks, try some artisanal starbrightIn the bustling world of coffee culture, a clear divide is emerging between the behemoths of the industry and the charming independents. As...
- In India's retail blitz, luxury spaces miss out bigIn the realm of luxury retail, India encounters a considerable void in super luxury mall infrastructure, stifling opportunities for esteeme...
- DLF-GIC JV firm's rent income rises 16% to Rs 5,525 cr in FY26 on demand for commercial spacesDCCDL, a joint venture between DLF and GIC, saw its rental income climb 16 percent to Rs 5,525 crore last fiscal. This growth was driven by...
- Indian billionaire boss says he has never worn a diamond watch, introduces employee who owns one. Who is Yusuff Ali?A video of Indian business magnate Yusuff Ali playfully highlighting his employees' diamond watches, while he wears a simpler one, has gone...
- 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...
- Lease of Life: Underperforming shopping malls are taking the right turn toward profitsMalls such as the Garuda Mall in Bangalore, Atria Mall in Hyderabad, and Capital Mall in Bhopal have witnessed a reversal of fortunes thank...
- 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% ...
- Third wave might shave 10% off mall revenue this fiscal: ReportThe impact of new restrictions on malls for the top-eight cities is expected to last only four-five weeks compared to the median closure of...
- Pandemic's third wave to pare 10% off mall’s rental revenue this fiscalThe credit profiles of mall owners will, however, be able to absorb the shock given relatively faster recovery seen among those afflicted, ...
- Mumbai civic body MCGM clarifies malls to remain shutOn Monday, the government of Maharashtra had allowed malls and shopping centers operating in key cities including Mumbai to start their ope...
- SCAI urges state governments to allow malls to open amid drop in Covid casesMalls and shopping centers in Maharashtra including Mumbai and Pune, Delhi-NCR and West Bengal, key consumption centers, have been shut sin...
- Malls, shopping centres urge Maharashtra CM to allow starting operations as Covid19 cases dipMalls and shopping centers in Maharashtra including Mumbai and Pune, key consumption centers, have been shut since the last two months owin...
- COVID-19: Shopping mall owners' income dips around 50 pc in FY21 on rental waiverMost of the mall owners, which generally leases space in their shopping malls on a revenue-sharing model with retailers having a minimum gu...
- Use mall space for faster vaccination, owners tell GovernmentWith their social infrastructure, safe parking facilities, and training rooms, malls can provide ample room for large vaccine camps, Shoppi...
- 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...
- 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...
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