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  • How are Malls and Retailers Prepping for the Post-lockdown World?
    03 July 2020, Indianretailer.com
    Data says that the customers are looking forward to it as they are excited about hitting the stores to buy various products, and one of their favourite sections is the food and beverage (F&B) outlets serving various delicacies. Manoj K. AgarwalCEO, Viviana Mall Covid-19 has not just taken a toll on people contracting the virus. It has impacted businesses, livelihoods and the way humans interact with one another – throwing up challenges that even those best-prepared could not have anticipated. While the lockdowns helped contain the spread of the virus and bought time to scale up the medical infrastructure, the restrictions need…
  • Owners urge state govt to allow malls to open again
    02 July 2020, Timesofindia.indiatimes.com
    Pune: Several mall owners from the city have urged the state government to permit them to reopen shopping malls and complexes with all precautions as revenue has completely dried up. The owners made representations to the government after malls were not granted permission to open even in Unlock 2. According to various shopping mall owners and management, multiple representations have already been made to the government but to no avail. Anuj Kejriwal, managing director, and chief executive officer, Anarock retail and board of director of Shopping Centres Association of India (SCAI), said, “So far, numerous representations have not yielded results but…
  • Strict SOPs put in place as malls get ready to welcome Indoreans
    01 July 2020, Timesofindia.indiatimes.com
    INDORE: As shopping malls are ready to welcome customers for the first time after a little over three months of lockdown, strict standard operating procedures have been laid out to roll a safe and hygienic platform. Restrictions and mandatory safety guidelines will change the experience of going to malls and shopping as entry to groups greater than six will be discouraged followed by entry to customers above the age of 65 and children below 10 years. Although restrictions have loosened across sectors, social distancing continues to be a mandatory requirement to combat the spread of Coronavirus. Mall owners of the city have suggested a series…
  • ‘2020 a black year for retail investments, not much activity seen in another 12 months’
    30 June 2020, Moneycontrol.com
    Many brands have decided not to pay the rents. They are looking for new investment strategies. This will create a huge impact on the retail sector. According to The Shopping Centres’ Association of India, the organized retail sector has suffered a loss of Rs 90,000 crore. This has increased the graph of unemployment at a larger scale. This has occurred due to the absence of financial relief and government support….
  • More visitors to malls in towns with low Covid-19 infection
    29 June 2020, Economictimes.indiatimes.com
    Malls in smaller towns and cities with low infection rates are witnessing higher footfalls and conversion rates, said the Shopping Centres Association of India. Places like Kochi, Baroda, Amritsar, and Bhopal witnessed 30% footfalls in malls and barring Bangalore and Kolkata, major cities recorded minimum double-digit growth in people visiting malls….
  • Shopping redefined: Pre-book slots at mall, leave your kid at home
    28 June 2020, Retail.economictimes.indiatimes.com
    For starters, some malls are planning to not let in children below 10, as they carefully strategize throwing open their doors once the government gives a nod. Frequent sanitizing of all surfaces, thermal screening, and floor queue marking are obvious changes. But with several malls recommending that visitors pre-book slots for entry, appointment-based shopping is going to be the ‘new normal’.MUMBAI: Dropping off your kid at the gaming zone of a neighborhood mall while you go on a jaunt window shopping for outfits might become a thing of the past…..
  • Shopping redefined: Pre-book slots at mall, leave your kid at home
    28 June 2020, Timesofindia.indiatimes.com
    Preparing to open up MUMBAI: Dropping off your kid at the gaming zone of a neighborhood mall while you go window shopping might become a thing of the past. As malls strategize throwing open their doors once the government gives a nod, some are planning not to let in children below 10 years. Frequent sanitizing of surfaces, thermal screening, and queue marking on floors are a given. But with several malls recommending visitors pre-book slots, appointment-based shopping is going to be the ‘new normal’.At Ghatkopar’s R City mall, it will be mandatory for all customers to book a prior appointment…
  • Retail industry hiccups and bounce back strategies for Q3
    26 June 2020, Indiantelevision.com
    Brands won’t cut down marketing spend, only realign themNEW DELHI: India’s retail industry has been badly hit due to Covid2019. The last three months have resulted in no revenue for a majority of fashion brands. From manufacturing supply chains to shut down of stores, the pandemic has shaken up the fashion industry. Though Unlock 1.0 announced the re-opening of malls there are no footfalls in shops. Retail brands across the segment have seen new changes in the last few days, owing to the pandemic.Indiantelevision.com had a virtual conference with top leaders on the future of shopping…
  • Ambience Mall braces up to open after lockdown
    26 June 2020, Hindustantimes.com
    Delhi NCR’s prominent lifestyle destination is ready to open its doors to the city shoppers. As the capital comes out of a long lockdown period, Ambience Mall Vasant Kunj is geared up to greet shoppers for the ‘new normal’ way of shopping. The mall had shut down temporarily in March to combat the COVID-19 pandemic. Through the lockdown, only hypermarkets and chemist shops remained operational for essential items in both the malls – Vasant Kunj and Gurugram. Now as the country moves towards easing the lockdown, Ambience Mall is committed to providing its patrons a safe mall…
  • What you need, not what you desire
    25 June 2020, Dailypioneer.com
    Now that people have started visiting shopping malls, standalone outlets, and other public domains, along with aggressive online buys, brands are witnessing a change in consumption patterns. Planned and fixed purchases are reshaping the demand curve. By Sakshi Sharma. It has been rightly said that people don’t change but their priorities do. Not too long ago, you had a wishlist of all the “spring outfits you need to get right now” or the summer sales and deals that had to be taken advantage of. But now that the pandemic has resulted in a slowdown, job losses, furloughs, and an increasingly home-bound…
  • What you need, not what you desire
    25 June 2020, Ucnews.in
    Now that people have started visiting shopping malls, standalone outlets, and other public domains, along with aggressive online buys, brands are witnessing a change in consumption patterns. Planned and fixed purchases are reshaping the demand curve. By Sakshi Sharma. It has been rightly said that people don’t change but their priorities do…
  • Malls reports 30% footfall, shorter stay time of customers
    24 June 2020, Retail.economictimes.indiatimes.com
    In a webinar by the Shopping Centres Association of India (SCAI), mall operators said over 400 malls that are operational at the moment and safety norms and steps being taken by the malls are making it the safest place. NEW DELHI: Malls in North India have reported 30% footfall and up to 70% sales in the two weeks of opening. In a webinar by the Shopping Centres Association of India ( SCAI ), mall operators said over 400 malls that are operational at the moment and safety norms and steps being taken by the malls are making it the safest place.“Aerocity…
  • Elante Mall declared ‘Safe & Secure’ by Bureau Veritas
    23 June 2020, Tribuneindia.com
    Bureau Veritas – one of the most prestigious certification organizations in the world – has declared Elante Mall to be ‘Safe and Secure’ after an extensive audit. Elante Mall was found to be complying with maximum hygiene standards to ensure the health and safety of its customers, retailers, and staff. The audit was conducted on the exhaustive SOPs which were circulated by the Shopping Centres Association of India and the local authorities…
  • Mall developers rework rent for retailers
    22 June 2020, Rediff.com
    Among the options being weighed are discounts on existing rentals, short-term deferrals, and 50 percent waivers. Top mall developers in India, such as Inorbit, Phoenix, and Brigade, are reworking their rental agreements with retailers as the two sides resolve their differences amid the reopening of malls in most cities. Executives at these firms have told Business Standard that among the options being weighed are discounts on existing rentals, short-term deferrals, and 50 percent waivers. Shishir Shrivastava, managing director at Phoenix Mills, which has malls across the country, said it had worked out a three-month rent deferral programme for its tenants…
  • Mall developers blink, rework rent for retailers, offer discounts
    20 June 2020, Business-standard.com
    The move to get back to the negotiating table comes after big players such as DLF in the north and the Prestige group in the south waived fixed rent for the lockdown period. Top mall developers in India, such as Inorbit, Phoenix, and Brigade, are reworking their rental agreements with retailers as the two sides resolve their differences amid the reopening of malls in most cities. Executives at these firms have told Business Standard that among the options being weighed are discounts on existing rentals, short-term deferrals, and 50 per cent waivers…
  • Mall developers blink, rework rent for retailers, offer discounts
    20 June 2020, Smartinvestor.business-standard.com
    The move to get back to the negotiating table comes after big players such as DLF in the north and the Prestige group in the south waived fixed rent for the lockdown period. Top mall developers in India, such as Inorbit, Phoenix, and Brigade, are reworking their rental agreements with retailers as the two sides resolve their differences amid the reopening of malls in most cities. Executives at these firms have told Business Standard that among the options being weighed are discounts on existing rentals, short-term deferrals, and 50 per cent waivers…
  • Unlock 1.0: Sales pick up as malls limp back to life
    19 June 2020, Rediff.com
    Groceries, apparel, computers, phones, and sporting accessories are among the most popular. There is also a growing trend of men visiting the store, rather than women. Mall operators have witnessed higher conversions despite low footfalls during Unlock 1.0, with niche clothing, electronics and computers, and home accessories dominating shoppers’ needs. According to a recent roundtable by the Shopping Centres Association of India, different states/cities have shown varying trends. For example, Centre Square Mall in Kochi saw a 65 percent return in footfalls, with people buying groceries and apparel, while Kolkata-based Ambuja Neotia Group’s malls showed an uptick in sales of computers, phones…
  • Unlock 1.0 impact: Sales take off as malls limp back to normalcy
    19 June 2020, Business-standard.com
    Mall operators have witnessed higher conversions despite low footfalls during Unlock 1.0, with niche clothing, electronics and computers, and home accessories dominating shoppers’ needs. According to a recent roundtable by the Shopping Centres Association of India, different states/cities have shown varying trends. For example, Centre Square Mall in Kochi saw a 65 per cent return in footfalls, with people buying groceries and apparel, while Kolkata-based Ambuja Neotia Group’s malls showed an uptick in sales of computers, phones, and sporting accessories from Adidas and Reebok. Pacific Mall in New Delhi has seen 78 per cent of its retailers’ open doors, with sales surging for Apple products and Zara’s apparel…
  • Unlock 1.0 impact: Sales take off as malls limp back to normalcy
    19 June 2020, Smartinvestor.business-standard.com
    Mall operators have witnessed higher conversions despite low footfalls during Unlock 1.0, with niche clothing, electronics and computers, and home accessories dominating shoppers’ needs. According to a recent roundtable by the Shopping Centres Association of India, different states/cities have shown varying trends. For example, Centre Square Mall in Kochi saw a 65 per cent return in footfalls, with people buying groceries and apparel, while Kolkata-based Ambuja Neotia Group’s malls showed an uptick in sales of computers, phones, and sporting accessories from Adidas and Reebok. Pacific Mall in New Delhi has seen 78 per cent of its retailers’ open doors, with sales surging for Apple products and Zara’s apparel…
  • Malls see higher conversions from lower footfalls after the resumption of ops
    18 June 2020, Business-standard.com
    Sales have picked up across the board for clothing, electronics and computers, and specific home accessories. Malls, which reopened in the last fortnight, after being in lockdown for two months are seeing higher conversions from footfalls despite fewer visitors on the back of need-based shopping. Sales have picked up across the board for clothing, electronics and computers, and specific home accessories. According to a recent roundtable conducted by the Shopping Centers Association of India, trends vary depending on the city and the state the mall is located in. While the Centre Square Mall in Kochi saw a 65 per cent return in…
  • What are the SOPs presented by SCAI to Karnataka Govt?
    18 June 2020, Dailyhunt.in
    Reportedly the Shopping Centres Association of India (SCAI) on Tuesday met Karnataka cm BS Yediyurappa and submitted a memorandum seeking directions for the immediate opening of shopping centres and malls in the state. They told India Today tv that cm Yediyurappa assured that he will speak to PM Modi on this issue and is awaiting clearance from the Centre. Meanwhile, he also debunked the myth that centralized air conditioning in malls can contribute to the spread of coronavirus. He says the report from the Indian Society of Heating, Refrigerating and Air Conditioning Engineers has said that when the temperature is controlled at…
  • Malls see higher conversions from lower footfalls after the resumption of ops Poll
    18 June 2020, Smartinvestor.business-standard.com
    Malls, which reopened in the last fortnight, after being in lockdown for two months are seeing higher conversions from footfalls despite fewer visitors on the back of need-based shopping. Sales have picked up across the board for clothing, electronics and computers, and specific home accessories. According to a recent roundtable conducted by the Shopping Centers Association of India, trends vary depending on the city and the state the mall is located in. While the Centre Square Mall in Kochi saw a 65 per cent return in footfall with people buying groceries and apparel, the Kolkata-based Ambuja Neotia Group’s malls showed an uptick…
  • Malls, retailers rework revenue model with eye on survival
    17 June 2020, Timesofindia.indiatimes.com
    Kolkata: The massive loss of business during the prolonged Covid-induced lockdown has forced city malls and retailers to go back to the negotiating table to come up with a new revenue model. With footfall down even during Unlock 1.0 and sales at a quarter of pre-Covid days, both stakeholders are in talks to work out a formula that would minimize bloodbath and help each other survive. Most of the retailers have sought a reworked revenue structure that would be in place for the next 6-9 months to help them tide over the crisis. In pre-Covid times, the malls functioned on three…
  • Malls, retailers rework revenue model with eye on survival
    17 June 2020, Retail.economictimes.indiatimes.com
    Kolkata: The massive loss of business during the prolonged Covid-induced lockdown has forced city malls and retailers to go back to the negotiating table to come up with a new revenue model. With footfall down even during Unlock 1.0 and sales at a quarter of pre-Covid days, both stakeholders are in talks to work out a formula that would minimize bloodbath and help each other survive. Most of the retailers have sought a reworked revenue structure that would be in place for the next 6-9 months to help them tide over the crisis. In pre-Covid times, the malls functioned on three…
  • Retail still to get over the lockdown effect
    16 June 2020, Theweek.in
    Though there have been unlocking across the country, the retail segment still needs to get over the lockdown effect. As per a finding by the Retailers Association of India (RAI), the sluggish growth of the retail segment continues wherein 67 percent of consumers showed little to no excitement in shopping post the lockdown, citing safety and hygiene concerns. RAI says that even the relaxations provided by the government in May 2020 were ineffective as retailers across the country continued to lose. The findings of RAI say that large size retailers in the food and grocery segment witnessed around 86…
  • Safe to Use Air Conditioning in Malls and Restaurants
    16 June 2020, Hospitalitybizindia.com
    As the lockdown orders are eased and malls, restaurants start to open, the question most people are likely to ask is whether air conditioning can restrict or help the spread of COVID-19 virus. Keeping the aforementioned study in mind, the SCAI (Shopping Centers Association of India) recently hosted a panel discussion to help the Government as well as the Shopping Centre Industry better understand the fallacies surrounding the spread of COVID-19 via air conditioners. Based on this concern, experts from ISHRAE (Indian Society of Heating, Refrigerating…
  • Waiting for the footfalls | India Today Insight
    15 June 2020, Indiatoday.in
    The once-thriving New Kondli grocery market on the Delhi-Noida border wears a deserted look these days. Casual labourers left for their native places during the national lockdown and the shops and establishments they used to be the backbone of are now doing with minimal staff and business. A few kilometres from the Kondli market, stands the ‘The Mall of India’, one of the biggest such complexes in the National Capital Region (NCR)—operations shut for over two months. Even if the restrictions are lifted, shop-owners at the mall are sceptical that footfalls will return to pre-lockdown levels anytime soon. The Shopping Centres Association of India (SCAI) estimates that over 500 malls of varying sizes across the country face imminent bankruptcy, which could lead to bank loans worth about Rs. 25,000 crore turning into non-performing assets, unless the Centre comes to the rescue with a stimulus package for retailers. The SCAI says over 450 ‘grade A’, or top-level, malls have already shut down…
  • Waiting for the footfalls | India Today Insight
    15 June 2020, Ucnews.in
    The once-thriving New Kondli grocery market on the Delhi-Noida border wears a deserted look these days. Casual labourers left for their native places during the national lockdown and the shops and establishments they used to be the backbone of are now doing with minimal staff and business. A few kilometres from the Kondli market, stands the ‘The Mall of India’, one of the biggest such complexes in the National Capital Region (NCR)—operations shut for over two months. Even if the restrictions are lifted, shop-owners at the mall are sceptical that footfalls will return to pre-lockdown levels anytime soon. The Shopping Centres Association of India (SCAI) estimates that over 500 malls of varying sizes across the country face imminent bankruptcy, which could lead to bank loans worth about Rs. 25,000 crore turning into non-performing assets, unless the Centre comes to the rescue with a stimulus package for retailers. The SCAI says over 450 ‘grade A’, or top-level, malls have already shut down…
  • Bureau Veritas declares Elante Mall Safe
    15 June 2020, Dailypioneer.com
    Chandigarh: Bureau Veritas, a certification organization, has declared Elante Mall to be ‘safe and secure’ after an extensive audit on Monday. Elante Mall was found to be complying with maximized hygiene standards to ensure the health and safety of its customers, retailers, and staff. The audit was conducted on exhaustive SOPs which were circulated by the Shopping Centres Association of India (SCAI) and local authorities…
  • Bureau Veritas declares Elante Mall Safe
    15 June 2020, Chandigarhcitynews.com
    Chandigarh: Bureau Veritas, a certification organization, has declared Elante Mall to be ‘safe and secure’ after an extensive audit on Monday. Elante Mall was found to be complying with maximized hygiene standards to ensure the health and safety of its customers, retailers, and staff. The audit was conducted on exhaustive SOPs which were circulated by the Shopping Centres Association of India (SCAI) and local authorities…
  • Bureau Veritas declares Elante Mall Safe
    15 June 2020, Newznew.com
    Chandigarh: Bureau Veritas, a certification organization, has declared Elante Mall to be ‘safe and secure’ after an extensive audit on Monday. Elante Mall was found to be complying with maximized hygiene standards to ensure the health and safety of its customers, retailers, and staff. The audit was conducted on exhaustive SOPs which were circulated by the Shopping Centres Association of India (SCAI) and local authorities…
  • PE investors turn cautious on retail assets
    15 June 2020, Realty.economictimes.indiatimes.com
    There have been no investments in retail space in 2020 till date, according to the Knight Frank report, whereas the segment had witnessed investments worth $397 million in the Jan-May 2019.After the carnage in the retail sector due to the Covid-19 crisis, the bullish retail asset funds have turned cautious as they believe that the shopping centres will be the last real estate asset class to recover from the pandemic impact. Investment platforms for retail assets like CPPIB-Phoenix Mills, Warburg Pincus-Runwal, APG-Xander and Blackstone-backed Nexus are now studying carefully the impact of the pandemic on retail assets and reassessing their investment thesis…
  • It’s safe to use air conditioning in malls and restaurants, say experts
    15 June 2020, Nationalheraldindia.com
    As the lockdown orders are eased and malls, restaurants start to open, the question most people are likely to ask is whether air conditioning can restrict or help the spread of COVID-19 virus. Keeping the aforementioned question in mind, the SCAI (Shopping Centers Association of India) recently hosted a panel discussion to help the Government, as well as the Shopping Centre Industry, better understand the fallacies surrounding the spread of COVID-19 via air conditioners. Based on this concern, experts from ISHRAE (Indian Society of Heating, Refrigerating and Air Conditioning Engineers) stated, that the most effective method of controlling spread of any microbial or other forms of particulate matter through air inside a space is by Ventilation, Filtration, Pressurization and ensuring the correct indoor temperature and humidity…
  • It’s safe to use air conditioning in malls and restaurants, say experts
    15 June 2020, Dailyhunt.in
    As the lockdown orders are eased and malls, restaurants start to open, the question most people are likely to ask is whether air conditioning can restrict or help the spread of COVID-19 virus. Keeping the aforementioned question in mind, the SCAI (Shopping Centers Association of India) recently hosted a panel discussion to help the Government, as well as the Shopping Centre Industry, better understand the fallacies surrounding the spread of COVID-19 via air conditioners. Based on this concern, experts from ISHRAE (Indian Society of Heating, Refrigerating and Air Conditioning Engineers) stated, that the most effective method of controlling spread of any microbial or other forms of particulate matter through air inside a space is by Ventilation, Filtration, Pressurization and ensuring the correct indoor temperature and humidity…
  • Shopping Centres eye omnichannel presence with online push
    15 June 2020, Retail.Economictimes.indiatimes.com
    Kolkata: Retailers at city malls are strengthening their online presence to reach out to customers in the Covid era. While some retailers like Shoppers Stop and Levi’s had a strong online presence along with offline stores, others are reworking their token online presence and integrating it with their offline business to offer customers a seamless shopping experience that would take care of their safety concerns…
  • PE investors turn cautious on retail assets
    14 June 2020, Economictimes.indiatimes.com
    There have been no investments in retail space in 2020 to date. After the carnage in the retail sector due to the Covid-19 crisis, the bullish retail asset funds have turned cautious as they believe that the shopping centres will be the last real estate asset class to recover from the pandemic impact. Investment platforms for retail assets like CPPIB-Phoenix Mills, Warburg Pincus-Runwal, APG-Xander, and Blackstone-backed Nexus are now studying carefully the impact of the pandemic on retail assets and reassessing their investment thesis. There have been no investments in retail space in 2020 to date, according to the Knight Frank report…
  • First week of Unlock 1.0 – Here’s what worked and what didn’t
    13 June 2020, Businessinsider.in
    On June 8, the first phase of unlock India began with shopping malls, offices, religious places opening across India. However, the fear of the virus still looms large and the number of coronavirus cases continues to be on the rise. Here’s a look at what worked in the first week and what didn’t. It’s been a week of India’s Unlock 1.0 – when the country slowly began to open up from the coronavirus lockdown. On June 8, shopping malls, offices, religious places opened across India…
  • Can malls unlock the COVID fear? | Irfan Razack & Amitabh Taneja spek to ET Now
    12 June 2020, Timesnownews.com
    Can malls unlock the COVID fear? Razack of Prestige Group and Amitabh Taneja of SCAI in an exclusive interview with ET Now speak on the business.’I think the opening has been very encouraging. We started on Monday and shopping centre have behaved very responsibly across the country. Almost 200 shopping centres are opened and we saw an encouraging response. If you compare pre COVID days…
  • Viviana Mall uses social media to instill sense of confidence in customers
    11 June 2020, Indiaretailing.com
    Ever since the outbreak of COVID-19, Viviana Mall has initiated several precautionary measures to ensure a hygienic and uncontaminated public space for our shoppers. While Viviana Mall’s management has always given top priority to cleanliness and will continue to do so, we have initiated regular deep cleaning of the entire premises other than the mandated sanitisation drive. We will continue deep cleaning and sanitization of all areas in and around the mall before we reopen and thereon. We have made this an integral part of our current ‘Standard Operating Procedures’…
  • Covid-19 disruption: Tenants continue to grapple with mall rental agreements
    10 June 2020, Livemint.com
    Malls may have opened their doors to customers across the country, but many stores on their premises remain shut as developers spar with retailers on rental agreements. With the 70-day lockdown having dealt a body blow to retailers who saw their businesses collapse, they have been asking mall developers to waive off rent for April and May as well as ink revenue share deals, going forward…
  • Ambience Malls braces up to open after lockdown
    10 June 2020, Textilevaluechain.in
    Delhi NCR’s prominent lifestyle destinations are getting ready to open its doors to the city shoppers. New Delhi, 10 June 2020:As the capital comes out of months-long lockdown, Ambience Mall Vasant Kunj and Gurgaon are gearing up to greet shoppers to the new normal way of shopping. The malls shut down temporarily in March to combat the COVID-19 pandemic. Throughout the duration of lockdown, only hypermarkets and chemist shops remained operational for essential items. Now as the country moves towards easing the lockdown, Ambience Malls is committed to providing its patrons a safe mall environment that aligns…
  • Malls reopen to ‘pent-up’demand in some places; customer in Durgapur spends Rs 1.42 lakh
    10 June 2020, Cnbctv18.com
    Smaller towns like Durgapur, Bareilly and other areas saw more footfalls as well as larger customer spends on Monday. Cosmetics and Salons saw maximum activity at malls such as Inorbit Mall in Hyderabad. The pent-up customer demand for large-ticket purchases showed across malls, especially in categories such as electronics and cosmetics.Malls across the cities capitalised on the pent-up demand, as they reopened their gates for customers on Monday.A mall in Durgapur saw a single customer spending Rs 1.42 lakh, while two stores at a mall in Lucknow witnessed more than Rs 10 lakh worth of sales in a day.While footfalls…
  • Restarting India | A ground report on how Unlock 1.0 is panning out across the country
    10 June 2020, Cnbctv18.com
    As various states in India have relaxed coronavirus lockdown restrictions, restaurants, malls and religious places have reopened after nearly three in most parts of the country.The Shopping Centres Association of India organised a round table to take stock of the trends emerging on day 1 of Unlock 1.0. CNBC-TV18 gets a ground report of how the first phase of the government’s unlock plan is panning out…
  • SCAI Virtual Roundtable VII: How malls are implementing the new normal, ensuring consumer confidence
    09 June 2020, Indiaretailing.com
    The session was hosted by Amitabh Taneja, Chairman, SCAI and was anchored by Nishank Joshi, CMO, Nexus Malls.Rajendra Kalkar, President – West & Whole Time Director, The Phoenix Mills Ltd and Sidharth Pansari, Managing Director, Primarc Group were the analysts who moderated the discussion with different shopping centres heads and management spokespersons…
  • Jolt for malls as retailers, restaurants refuse to open
    09 June 2020, Retail.economictimes.indiatimes.com
    While some big mall owners, such as DLF, Nexus, Phoenix and Select City, have offered to waive 50% rent during the lockdown period, most of these determined retailers, which operate over 100 brands among them — including Levi’s, Bata, Tommy Hilfiger, Calvin Klein and Madura Garments — have demanded a full waiver.NEW DELHI/BENGALURU: Large shopping malls, which have been feeling the pinch of a long lockdown, received another blow on Monday as several top retailers and restaurants refrained from opening outlets due to a deadlock over new rental agreements.While some big mall owners, such as DLF, Nexus, Phoenix and Select…
  • Jolt for malls as retailers, restaurants refuse to open
    09 June 2020, Businessleague.in
    While some big mall owners, such as DLF, Nexus, Phoenix and Select City, have offered to waive 50% rent during the lockdown period, most of these determined retailers, which operate over 100 brands among them — including Levi’s, Bata, Tommy Hilfiger, Calvin Klein and Madura Garments — have demanded a full waiver.NEW DELHI/BENGALURU: Large shopping malls, which have been feeling the pinch of a long lockdown, received another blow on Monday as several top retailers and restaurants refrained from opening outlets due to a deadlock over new rental agreements.While some big mall owners, such as DLF, Nexus, Phoenix and Select…
  • Jolt for malls as retailers, restaurants refuse to open
    09 June 2020, Economictimes.indiatimes.com
    Large shopping malls, which have been feeling the pinch of a long lockdown, received another blow on Monday as several top retailers and restaurants refrained from opening outlets due to a deadlock over new rental agreements. While some big mall owners, such as DLF, Nexus, Phoenix and Select City, have offered to waive 50% rent, retailers have demanded a full waiver. While some big mall owners, such as DLF, Nexus, Phoenix and Select City, have offered to waive 50% rent during the lockdown period, most of these determined retailers, which operate over 100 brands among them — including Levi’s, Bata…
  • Jolt for malls as retailers, restaurants refuse to open
    09 June 2020, Hospitality.economictimes.indiatimes.com
    While some big mall owners, such as DLF, Nexus, Phoenix and Select City, have offered to waive 50% rent during the lockdown period, most of these determined retailers, which operate over 100 brands among them — including Levi’s, Bata, Tommy Hilfiger, Calvin Klein and Madura Garments — have demanded a full waiver. retailers and restaurants refrained from opening outlets due to a deadlock over new rental agreements. While some big mall owners, such as DLF, Nexus, Phoenix and Select City, have offered to waive 50% rent during the lockdown period, most of these determined retailers, which operate over 100 brands…
  • Malls in Amritsar open to lukewarm response
    09 June 2020, Tribuneindia.com
    Safety arrangements in place, owners hopeful of revival in sales in coming says Neeraj BaggaTribune News ServiceAmritsar, June 8There was a listless response of customers on the opening of malls and hotels in the city here today. Some of the customers who visited the mall were the ones who were in need of branded items. Operators of hotels and malls opine that the footfall will gradually improve with the rise in the confidence of people. A customer, Davinder Singh, said he was to buy some summer apparel of particular brands. The customers were cautious and extremely self-aware when they entered the malls…
  • Big blow for malls as retailers and restaurants refuse to open over agreement issues
    09 June 2020, English.lokmat.com
    Author: Lokmat English Desk | June 9, 2020 12:48 PM Big shopping malls, which have been feeling the pinch of a long lockdown, received another blow on Monday as … Big shopping malls, which have been feeling the pinch of a long lockdown, received another blow on Monday as several top retailers and restaurants refrained from opening outlets due to a deadlock over new rental agreements. While some big mall owners, such as DLF, Nexus, Phoenix, and Select City, have offered to waive 50% rent during the lockdown period, most of these determined retailers, which operate over 100 brands…
  • India Unlocks: Businesses limp back to action
    09 June 2020, Financialexpress.com
    Malls in Delhi, offices in Mumbai & religious places in Bengaluru open up. Malls in Delhi-NCR saw very thin crowdsMalls in Delhi-NCR saw very thin crowd commercial establishments like malls, restaurants, shopping centres, and office complexes on Monday reopened across most parts of the country after two-and-a half-months as part of the government’s Unlock-1 measures. Though by no means it was business as usual but certainly it pointed towards businesses limping back to normalcy. While malls in Delhi-NCR saw very thin crowds, Mumbai saw high traffic as corporate offices in the Bandra-Kurla Complex (BKC) and Lower Parel started functioning with 10% attendance…
  • Malls display summer collection: PPEs & Masks
    09 June 2020, Economictimes.indiatimes.com
    Malls opened in various parts of India on Monday of more than two months of lockdown with footfall directly related to Covid-19 infection rates in the respective cities. Bengaluru, Hyderabad and Kolkata, with a relatively lower number of coronavirus cases, saw footfalls at up to about half that of-Covid levels, mall…
  • Jolt for malls as retailers, restaurants refuse to open
    09 June 2020, Timesofindia.indiatimes.com
    Large shopping malls, which have been feeling the pinch of a long lockdown, received another blow on Monday as several top retailers and restaurants refrained from opening outlets due to a deadlock over new rental agreements. While some big mall owners, such as DLF, Nexus, Phoenix and Select City, have offered to waive 50% rent during the lockdown period, most of these determined retailers, which operate over 100 brands among them — including Levi’s, Bata, Tommy Hilfiger, Calvin Klein, and Madura Garments — have demanded a full waiver. They also want further restructuring of rent through revenue share and reduction…
  • Unlock Phase 1: Gods & Devotees ‘Brace to Meet Again’in India After Months of’Social Distancing’
    08 June 2020, Ucnews.in
    New Delhi (Sputnik): India has issued a new set of guidelines, as the government announced a phased reopening of the nation starting 1 June, with the restrictions poised to continue strictly in containment zones demarcated by state governments. The movement of people from 9 p.m. to 5 a.m. IST will remain restricted. Religious places and shopping malls in India reopened on Monday for the first time since 25 March, following a phased reopening of the lockdown, despite the country registering the highest single-day hike in the number of coronavirus cases. The decision to open malls and religious places comes a day after the…
  • With new guidelines in place, malls set to reopen today
    08 June 2020, Deccanherald.com
    Following the government’s nod, malls are getting ready to reopen from Monday with stringent safety measures in place as the “new normal”. Besides temperature checks and sanitizers on entry, visitors and staff are required to wear masks, while some of them have also made the Aarogya Setu app compulsory. The malls will constantly remind visitors about social-distancing rules. The Shopping Centre Association of India has issued standard operating procedures (SoPs), which limits mall density to one person per 75 square feet. Only 50% of the staff will be allowed to work…
  • Amid rise in Covid-19 cases, India to open its economy further
    08 June 2020, Livemint.com
    The nation will open shopping malls, hotels and restaurants today, in tune with the govt guidelines announced earlier, but amid a rapid increase in cases The Union health ministry warned the relaxations shouldn’t be taken for granted if India is to ward off the contagion, India will significantly reopen its economy on Monday after a strict 70-day lockdown that severely disrupted businesses, dented household incomes and forced millions of migrant workers to return home. The resumption of operations at shopping malls, hotels and restaurants will mark the start of ‘Unlock 1.0’–the first phase of the end of the prolonged lockdown that first…
  • Shopping centres, restaurants to open in Delhi from Monday
    08 June 2020, Indiaretailing.com
    Delhi Chief Minister Arvind Kejriwal has announced that malls, and restaurants in the national capital would open from Monday after more than two months since the coronavirus-induced lockdown was imposed, but banquet halls and hotels would remain closed…
  • Shopping centres ready for re-opening on Monday; focus on contactless shopping, physical distancing
    08 June 2020, Indiaretailing.com
    As malls and shopping centres in the national capital re-open on Monday after more than two months, they will be focusing on hourly disinfection of the common areas, contact-less shopping and physical distancing to prevent the spread of the deadly coronavirus…
  • NCR malls plan pre-booked visiting slots
    07 June 2020, Retail.economictimes.indiatimes.com
    Only around half of India’s 550 malls are set to open on June 8 with the rest located in states that are yet to take a call on their reopening. Even then, retailers expect only 40% of mall retail space to be operational, as cinemas, children’s play areas and gaming arcades will remain shut in line with government guidelines…
  • Malls conduct trial runs
    06 June 2020, Thehindu.com
    Many malls and shopping complexes, which are set to open on Monday, have been conducting trial runs for their staff.“We taken all safety measures and trained our staff regarding maintaining alternate slots and safe distancing on escalators, and cleaning procedures and practices,” said T.G. Vinod of Elements Mall.The Shopping Centres Association of India (SCAI) had issued comprehensive guidelines on measures to be taken.‘Gone beyond guidelines’“As members of SCAI, we have taken measure over and above prescribed in the guidelines and SOPs issued by the Union government. Rebuilding confidence in people is important…
  • Unlock 1.0: SOPs may lead to rise in maintenance costs by 15-20% in malls
    06 June 2020, Moneycontrol.com
    The SOPs released on June 4 mandate frequent sanitation, staggered entry of shoppers into the mall and deployment of adequate manpower by the mall management to ensure social distancing norms.As shopping malls get ready to open from June 8 with standard operating procedures in place, some heads of malls say that this will lead to rise in maintenance costs by at least 15 to 20 percent.In order to ensure social distancing norms, mall owners said they have put in place a system that would allow only one person for every 75 sq ft in the mall…
  • Malls in Noida, Ghaziabad brace for subdued reopening on Monday
    06 June 2020, Retail.economictimes.indiatimes.com
    A number of mall operators in the two Uttar Pradesh cities said a majority of their customers and employees come from Delhi, but as long as the borders remain closed most of these people will not be able to visit the malls…
  • Coronavirus in West Bengal: What to expect as malls in Kolkata reopen on June 8
    06 June 2020, Freepressjournal.in
    Walking into shopping malls and restaurants once they reopen on the 8th of June – after almost two and a half months – will be an altogether different experience amidst the COVID-19 pandemic. Malls and movie halls were shut even before the lockdown was announced and there is a lot of work to be done before malls can open their doors to customers again. Movie halls however will not be opening anytime soon…
  • Coronavirus in West Bengal: What to expect as malls in Kolkata reopen on June 8
    06 June 2020, Dailyhunt.in
    Walking into shopping malls and restaurants once they reopen on the 8th of June – after almost two and a half months – will be an altogether different experience amidst the COVID-19 pandemic. Malls and movie halls were shut even before the lockdown was announced and there is a lot of work to be done before malls can open their doors to customers again. Movie halls however will not be opening anytime soon…
  • How to ensure your safety in malls, religious places and hotels in Karnataka from June 8
    06 June 2020, Ucnews.in
    June 8 is probably the most anticipated date for most of us as your favourite restaurants and malls in the Bengaluru city are ready to welcome footfall after months of inactivity. But how safe is it for you to step out amidst the public as the nation continues to tremble in the incessantly rising Covid cases? The Ministry of Home Affairs (MHA) has announced the guidelines for ‘Unlock 1’with the culmination of Lockdown 4.0, stating the reopening of malls, religious centers, hotels, and restaurants in its initial phase. As per the MHA’s orders, schools and educational institutions can open only in July…
  • Unlock 1.0: Malls welcome SOPs, urge states to allow shopping centres to reopen
    05 June 2020, Livemint.com
    On Thursday, the health ministry issued standard operating procedures for malls, restaurants, and religious places preparing to reopen following approvals from state governments NEW DELHI: The Shopping Centres Association of India (SCAI) on Friday welcomed the government’s move to issue standard operating procedures for malls to resume operations as the country gears up for Unlock 1.0. It also urged states, where malls remain shuttered, to be allowed to reopen. “We welcome the guidelines issued by the Ministry of Health & Family Welfare on preventive measures to contain the spread of covid-19…we would like to call upon states governments where malls continue to…
  • Malls chart Covid SOP, set rules for patrons to stem virus spread
    05 June 2020, Timesofindia.indiatimes.com
    Kolkata: When malls open for business on June 8, they will be the same facilities that had shut two-and-a-half months ago but feel very different. Customers, too, are set to behave differently as they adapt to life anew in a Covid-19 world. “Malls have been drawing two categories of customers: those who window shop and the serious buyers. The first category loved to amble around, browse through what’s on offer and spend hours at the food court. The second came with a purpose: to shop, watch a movie and grab a bite. When malls reopen, we expect those walking in to…
  • With the release of SOP, industry hopes more States will allow malls to re-open
    05 June 2020, Thehindubusinessline.com
    Industry players hope more State governments will give their nod to malls to re-open from June 8, after the Ministry of Health released Standard Operating Protocols (SOP) for malls, religious places and restaurants. Amitabh Taneja, Chairman, Shopping Centres Association of India (SCAI), said, “The industry is eagerly looking forward to the opening of malls in States where permissions have been granted. At the same time, we would like to call upon States governments where malls continue to be locked down, to follow these guidelines and open the malls in a safe and controlled manner. We hope that the Health Ministry guidelines…
  • Phoenix Mills defers rentals for retailers as investors cheer the reopening of malls
    05 June 2020, Businessinsider.in
    Phoenix mills share price was up by 6.25% in early trade as the markets cheered the opening of malls from June 8. Bengaluru-based Brigade enterprises, which runs three malls in the city, had also waived off 50% of the rental during lockdown. Its shares too were trading with a 2.16% jump. Malls are getting ready to reopen for business. The government has also given them SOPs to follow while reopening. The market is cheering the government’s move to reopen malls and shopping centres from June 8 triggering a rally in stocks like Prestige Estates, Phoenix Mills and Brigade Enterprises that…
  • Phoenix Mills defers rentals for retailers as investors cheer the reopening of malls
    05 June 2020, Msn.com
    Phoenix mills share price was up by 6.25% in early trade as the markets cheered the opening of malls from June 8. Bengaluru-based Brigade enterprises, which runs three malls in the city, had also waived off 50% of the rental during lockdown. Its shares too were trading with a 2.16% jump. Malls are getting ready to reopen for business. The government has also given them SOPs to follow while reopening. The market is cheering the government’s move to reopen malls and shopping centres from June 8 triggering a rally in stocks like Prestige Estates, Phoenix Mills and Brigade Enterprises that…
  • Unlock 1.0: Now, get ready to pre-book a visit to the mall
    03 June 2020, Moneycontrol.com
    Apparel stores will be encouraged to avoid trial of clothes. Washrooms in malls will also see some changes. Every alternate urinal and washbasins will be blocked and only limited people would be allowed at any given point. If you are planning to go to a shopping mall next week, be ready for a few surprises. But to start with, don’t forget to pre-book a visit to the mall, and most importantly, don’t forget to put on a mask. In order to ensure social distancing norms, mall owners said they have put in place a series of standard operating procedures for their tenants…
  • Will Shopping Malls be opened in Karnataka
    03 June 2020, Dailyhunt.in
    Reportedly the Shopping Centres Association of India (SCAI) on Tuesday met karnataka cm BS Yediyurappa and submitted a memorandum seeking directions for the immediate opening of shopping centres and malls in the state. They said that cm Yediyurappa assured that he will speak to PM Modi on this issue and is awaiting clearance from the Centre. The association claims that they have the ability to ensure crowd control and provide a hygienic environment while maintaining social distancing norms. He also debunked the myth that centralized air conditioning in malls can contribute to the spread of coronavirus. He says the report from the indian…
  • Aarogya Setu app mandatory, regulated entry: What malls in Bengaluru are planning
    03 June 2020, Thenewsminute.com
    Malls in Karnataka will open for business from Monday, June 8 as announced by the Karnataka government for the first time since March 15, barring those in containment zones. But with the growth of COVID-19 infections still continuing, mall operators will be strictly enforcing certain standard operating procedures (SOPs) to ensure that adequate physical distancing and sanitization protocols are maintained. Mall operators told TNM that the shopping experience post-lockdown will be quite different from the existing norms. Operators of Prestige Forum Malls, Garuda and Pheonix Malls said that they will only allow customers who have a green status on their…
  • Read this before planning a visit to a mall, you will have to pre-book your visit
    03 June 2020, Patrika.com
    unlock 1.0 में अगले सप्ताह से मॉल- होटेल्स जैसी चीजें खुलने वाली है। ऐसे में अगर आप भी मॉल जाने का प्लान बना रहे हैं तो जरा रूककर ये खबर पढ़ लें क्योंकि मॉल जाने के नियम ( mall visit rules ) बदलने वाले हैं। जीं हां अगली बार जब आप मॉल जाएंगे तो आपको कुछ सरप्राइज मिलेंगे।…
  • Restaurant owners brace for the long haul
    02 June 2020, Hospitality.economictimes.indiatimes.com
    The Shopping Centres Association of India anticipates about 50-60% of the 650 plus malls in the country to open its doors from June 8. restaurants from next week may not result in any immediate benefits for many restaurant owners because a majority of their outlets are in the metros where many areas continue to be marked as containment zones. Only Bengaluru is an exception among the big cities. Also, the decision to restrict movement from 9 pm and not allowing the sale of alcohol at restaurants may deter even those who could have thought about venturing out and having a novel…
  • Restarting India: Are malls ready for the change in customer behaviour post-COVID? Here’s what experts have to say
    02 June 2020, Cnbctv18.com
    The central government has allowed shopping malls in non-containment zones to resume operations from June 8, subject to state approvals. So far, there has been no order on reopening malls in big cities like Mumbai and Delhi. For Delhi, however, a call on reopening malls could be taken around June 7 after assessing the ground situation. The Shopping Centres Association of India (SCAI) has laid down a list of standard operating protocols (SOPs) for malls to follow. These range from not more than 50 percent employee strength at malls till further notice to temperature screenings to a cap on entry…
  • Restaurant owners brace for the long haul
    02 June 2020, Retail.economictimes.indiatimes.com
    The decision to reopen malls and restaurants from next week may not result in any immediate benefits for many restaurant owners because a majority of their outlets are in the metros where many areas continue to be marked as containment zones. Only Bengaluru is an exception among the big cities. Also, the decision to restrict movement from 9 pm and not allowing sale of alcohol at restaurants may deter even those who could have thought about venturing…
  • ‘Safety First’ prog to be rolled out at Mall
    02 June 2020, Dailypioneer.com
    Nexus Malls has joined hands with Bureau Veritas for their ‘Safety First’ program. The objective of ‘Safety First’ is to comply with optimum standards of health and safety recommendations of the WHO or local authorities are implemented without any deviations. Elante, which is part of Nexus Malls, will be the first Mall in the tricity to partner with Bureau Veritas to roll out Safety-First program, providing reassurance of quality and a safe shopping experience to consumers amid Coronavirus pandemic. The program will ensure implementation of the stringent SoP’s which have been released by The Shopping Centres Association of India / WHO when the malls reopen, said Dalip Sehgal, CEO, Nexus Malls…
  • Eating out in times of Covid-19: Hygiene, social distancing norms in focus as restaurants, retailers gear up to reopen in India
    01 June 2020, Hindustantimes.com
    Restaurant operators and retailers are now looking forward to resume business activities after the government on Saturday allowed them to re-open from June 8. Several Quick Service Restaurants (QSR) operators have redesigned and reorganised layouts of their dining facilities to adhere social distancing norms along with additional hygiene features, while some have also introduced home delivery and take-away. Shopping Centres Association of India (SCAI)) has said that the move would help ease pressure from the industry and start the process of revival…
  • Unlock 1: Bengal prepares for new normal with restrictions, less public transport
    01 June 2020, Ucnews.in
    After two months of lockdown, people in West Bengal are all set to step outdoors on Monday amid restriction and significantly less public vehicles. Long distance trains, government buses, ferry services, taxis and auto-rickshaws will operate with limited numbers of passengers, while private bus operators on Sunday said they will remain off the streets as carrying fewer passengers would lead to losses. Buses cannot ply if passengers exceed seating capacity and all people on board must wear masks and gloves. Local trains and metro services, which carry the maximum number of people in Kolkata and between the state capital and the suburbs…
  • Ahead of D-day, malls, retailers say safety first
    01 June 2020, Livemint.com
    Retailers vowed to open stores only when developers agree upon desired rental agreements, Malls are set to open on 8 June, subject to state approvals, with a detailed set of rules, including temperature screenings, social distancing in stores and common areas, and minimizing crowds at high-touch points such as elevators and escalators, in what developers said will be the “new normal” as businesses resume operations. Now, negotiations are on to draft new rental agreements, as retailers, who were hit hard during the two-month lockdown, not willing to pay pre-covid rentals…
  • Hygiene, social distancing in focus as restaurants, shops gear up to reopen
    01 June 2020, Business-standard.com
    Assuring safety and wellbeing of its customers, QSR chain operator KFC has modified the restaurant designs to reinforce social distancing. Restaurant operators and retailers are now looking forward to resume business activities after the government on Saturday allowed them to re-open from June 8. Several Quick Service Restaurants (QSR) operators have redesigned and reorganized layouts of their dining facilities to adhere to social distancing norms along with additional hygiene features, while some have also introduced home delivery and take-away…
  • Hygiene, social distancing in focus as restaurants, shops gear up to reopen
    01 June 2020, Livemint.com
    Assuring safety and wellbeing of its customers, QSR chain operator KFC has modified the restaurant designs to reinforce social distancing. Restaurant operators and retailers are now looking forward to resume business activities after the government on Saturday allowed them to re-open from June 8. Several Quick Service Restaurants (QSR) operators have redesigned and reorganized layouts of their dining facilities to adhere to social distancing norms along with additional hygiene features, while some have also introduced home delivery and take-away…
  • Hygiene, social distancing in focus as restaurants, shops gear up to reopen
    01 June 2020, Outlookindia.com
    Assuring safety and wellbeing of its customers, QSR chain operator KFC has modified the restaurant designs to reinforce social distancing. Restaurant operators and retailers are now looking forward to resume business activities after the government on Saturday allowed them to re-open from June 8. Several Quick Service Restaurants (QSR) operators have redesigned and reorganized layouts of their dining facilities to adhere to social distancing norms along with additional hygiene features, while some have also introduced home delivery and take-away…
  • Chandigarh: Rent, safety keep hotel owners wary as outlets set to open
    01 June 2020, Indianexpress.com
    Sources said that a mall management has issued bills to store owners to pay the rent for April and May. Meanwhile, store owners fear that after opening up on June 8, their sales may be low but they may have to pay 100 per cent cost of rent, electricity and other fixed expenses. Even as the restaurants, hotels and malls are set to open from June 8 as per the recent guidelines issued by the government, owners of commercial establishments remain wary…
  • Unlock 1: Bengal prepares for new normal with restrictions, less public transport
    01 June 2020, Hindustantimes.com
    Local trains and metro services, which carry the maximum number of people in Kolkata and between the state capital and the suburbs, will not run. Buses cannot ply if passengers exceed seating capacity and all people on board must wear masks and gloves. After two months of lockdown, people in West Bengal are all set to step outdoors on Monday amid restriction and significantly less public vehicles. Long distance trains, government buses, ferry services, taxis and auto-rickshaws will operate with a limited number of passengers, while private bus operators on Sunday said they will remain off the streets carrying fewer…
  • Govt decision to open shopping centres from June 8 will help ease pressure: SCAI
    31 May 2020, Retail.economictimes.indiatimes.com
    The government’s decision to allow shopping centres and malls to open from June 8 will help ease enormous pressure that the industry was facing due to the lockdown, Shopping Centres Association of India (SCAI) said on Saturday. Welcoming the steps announced in the fresh guidelines by the Home Ministry, SCAI Chairman Amitabh Taneja said, “Revival and resurgence is…
  • Ready to open with hygiene and safety protocols, says malls and restaurant owners
    31 May 2020, Thehindubusinessline.com
    With the Ministry of Home Affairs giving its nod for malls to re-open their doors and restaurants to open their dine-in services from June 8, industry players said they are geared up to re-start operations while adhering to the hygiene and safety protocols. Post MHA guidelines that allow restaurants and malls to operate in non-containment zones, the industry players will now be seeking further clarity from state governments. Pushpa Bector, Executive Director, DLF Shopping Malls said, “We have been preparing ourselves for over the past two months and are geared up to open our malls…
  • After Covid-19 lockdown, plan to unlock India in phases
    31 May 2020, Msn.com
    Editor’s Note: Help fight the COVID-19 crisis by supporting Akshaya Patra to provide meals and grocery kits to those most in need at this crucial time. Donate here for the cause (you will be directed to the Akshaya Patra site).Places of worship, shopping malls, and hotels and restaurants can open from June 8, the Union home ministry said on Saturday, releasing details of the first of a three-phase plan aimed at lifting stringent restrictions imposed over two months ago to stop the spread of the coronavirus disease (Covid-19).The plan, called Unlock 1.0, also removes restrictions on inter- and intra-state travel…
  • Government allows restaurants, hotels and malls to open from 8 June
    31 May 2020, Hospitalitybizindia.com
    In a bid to restart the economy, the government on Saturday issued guidelines for a phased re-opening of areas outside the containment zones, allowing hotels, restaurants and other hospitality services as well as shopping malls to open from June 8. However, it said that the ministry of Health and Family Welfare will issue Standard Operating Procedures for the above activities in consultation with central ministries and departments for ensuring social distancing to contain the spread of covid-19…
  • Government allows restaurants, hotels and malls to open from 8 June
    31 May 2020, Indiafinancenews.com
    In a bid to restart the economy, the government on Saturday issued guidelines for a phased re-opening of areas outside the containment zones, allowing hotels, restaurants and other hospitality services as well as shopping malls to open from June 8. However, it said that the ministry of Health and Family Welfare will issue Standard Operating Procedures for the above activities in consultation with central ministries and departments for ensuring social distancing to contain the spread of covid-19…
  • Govt decision to open shopping centres from Jun 8 will help ease pressure: SCAI
    31 May 2020, In.news.yahoo.com
    The government’s decision to allow shopping centres and malls to open from June 8 will help ease enormous pressure that the industry was facing due to the lockdown, Shopping Centres Association of India (SCAI) said on Saturday. Welcoming the steps announced in the fresh guidelines by the Home Ministry, SCAI Chairman Amitabh Taneja said, ‘Revival and resurgence is a long process, which has just about begun’. ‘The relaxation is certainly going to help ease an unimaginable amount of pressure that was put on the industry following the lockdown.’Taneja said SCAI will await further information from the Ministry…
  • Armed with sanitizers, masks, owners and retailers await state nod to open malls
    31 May 2020, Livemint.com
    Malls that are likely to open up starting 8 June, subject to state approvals, will proceed to do so with a detailed set of rules and guidelines. These would include multiple temperature screenings, social distancing in stores and common areas and minimizing crowds at high-touch points such as elevators and escalators. Developers say this will be the “new…
  • ‘Safety First’ program to be rolled out at Elante Mall in Chandigarh
    01 June 2020, Newznew.com
    Nexus Malls has joined hands with one of the most prestigious certification organizations in the world, Bureau Veritas, for their ‘Safety First’ program/initiative. The objective of ‘Safety First’ is to comply with optimum standards of health and safety recommendations of the WHO/local authorities are implemented without any deviations. In India, Nexus Malls becomes the first to ensure a third-party reassurance from a Global testing, inspection and certification body with over 190 years of experience having its presence in 140 countries…
  • Hygiene, social distancing in focus as restaurants, shops gear up to reopen Poll
    01 June 2020, Smartinvestor.business-standard.com
    Restaurant operators and retailers are now looking forward to resume business activities after the government on Saturday allowed them to re-open from June 8.Several Quick Service Restaurants (QSR) operators have redesigned and reorganised layouts of their dining facilities to adhere to social distancing norms along with additional hygiene features, while some have also introduced home delivery and take-away.While most of the players welcomed government’s order to reopen restaurants and shopping malls in a phased manner from June 8, saying that it would help the economy to recover; others pointed out that more clarity on guidelines was required as respective state…
  • Hygiene, social distancing in focus as restaurants, shops gear up to reopen Poll
    01 June 2020, In.news.yahoo.com
    Restaurant operators and retailers are now looking forward to resume business activities after the government on Saturday allowed them to re-open from June 8.Several Quick Service Restaurants (QSR) operators have redesigned and reorganised layouts of their dining facilities to adhere to social distancing norms along with additional hygiene features, while some have also introduced home delivery and take-away.While most of the players welcomed government’s order to reopen restaurants and shopping malls in a phased manner from June 8, saying that it would help the economy to recover; others pointed out that more clarity on guidelines was required as respective state…
  • Hygiene, social distancing in focus as restaurants, shops gear up to reopen Poll
    01 June 2020, Devdiscourse.com
    Restaurant operators and retailers are now looking forward to resume business activities after the government on Saturday allowed them to re-open from June 8.Several Quick Service Restaurants (QSR) operators have redesigned and reorganised layouts of their dining facilities to adhere to social distancing norms along with additional hygiene features, while some have also introduced home delivery and take-away.While most of the players welcomed government’s order to reopen restaurants and shopping malls in a phased manner from June 8, saying that it would help the economy to recover; others pointed out that more clarity on guidelines was required as respective state…
  • Latest News | Hygiene, Social Distancing Norms in Focus as Restaurants, Retailers Gear Up to Reopen
    01 June 2020, Latestly.com
    Restaurant operators and retailers are now looking forward to resume business activities after the government on Saturday allowed them to re-open from June 8. Video Player is loading. Play Video Pause Unmute Current Time 0:00 / Duration 10:02 Loaded: 1.83% 00:00 Stream Type LIVE Seek to live, currently behind live. Remaining Time – 10:02 1x Playback Rate Chapters Descriptions off, selected Captions settings, opens captions settings dialog captions off, selected Audio Track default, selected Picture-in-Picture Full screen This is a modal window. Beginning of dialog window…
  • After lockdown, plan to unlock India in phases
    31 May 2020, Hindustantimes.com
    Places of worship, shopping malls, and hotels and restaurants can open from June 8, the Union home ministry said on Saturday, releasing details ofthe first of a three-phase plan aimed at lifting stringent restrictions imposed over two months ago to stop the spread of the coronavirus disease (Covid-19). The plan, called Unlock 1.0, also removes restrictions on inter- and intra-state travel. After spending almost a fifth of the year (68 days) locked down, India and Indians can resume normal activities again — albeit with significant safeguards…
  • Govt decision to open shopping centres from June 8 will help ease pressure: SCAI
    31 May 2020, Timesofindia.indiatimes.com
    Places of worship, shopping malls, and hotels and restaurants can open from June 8, the Union home ministry said on Saturday, releasing details ofthe first of a three-phase plan aimed at lifting stringent restrictions imposed over two months ago to stop the spread of the coronavirus disease (Covid-19). The plan, called Unlock 1.0, also removes restrictions on inter- and intra-state travel. After spending almost a fifth of the year (68 days) locked down, India and Indians can resume normal activities again — albeit with significant safeguards…
  • Government allows restaurants, hotels and malls to open from 8 June
    31 May 2020, Livemint.com
    3 min read. Updated: 30 May 2020, 07:58 PM IST Shuchi Bansal, Suneera TandonIn a bid to restart the economy, the government on Saturday issued guidelines for a phased re-opening of areas outside the containment zones, allowing hotels, restaurants and other hospitality services as well as shopping malls to open from June 8. However, it said that the ministry of Health and Family Welfare will issue Standard Operating Procedures for the above activities in consultation with central ministries and departments for ensuring social distancing to contain the spread of covid-19…
  • Govt decision to open shopping centres from Jun 8 will help ease pressure: SCAI
    31 May 2020, Outlookindia.com
    New Delhi, May 30 (PTI) The government”s decision to allow shopping centres and malls to open from June 8 will help ease enormous pressure that the industry was facing due to the lockdown, Shopping Centres Association of India (SCAI) said on Saturday.Welcoming the steps announced in the fresh guidelines by the Home Ministry, SCAI Chairman Amitabh Taneja said, “Revival and resurgence is a long process, which has just about begun”.”The relaxation is certainly going to help ease an unimaginable amount of pressure that was put on the industry following the lockdown…
  • Govt decision to open shopping centres from Jun 8 will help ease pressure: SCAI
    31 May 2020, Dailypioneer.com
    New Delhi, May 30 (PTI) The government”s decision to allow shopping centres and malls to open from June 8 will help ease enormous pressure that the industry was facing due to the lockdown, Shopping Centres Association of India (SCAI) said on Saturday.Welcoming the steps announced in the fresh guidelines by the Home Ministry, SCAI Chairman Amitabh Taneja said, “Revival and resurgence is a long process, which has just about begun”.”The relaxation is certainly going to help ease an unimaginable amount of pressure that was put on the industry following the lockdown…
  • Lockdown 5.0: Hotels, restaurants, malls to reopen
    31 May 2020, Businesstoday.in
    Lockdown 5.0 guidelines: Even after reopening, social distancing norms will have to be followed at these places; Home Ministry will issue SOPs for them after consulting concerned central ministries, departments and stakeholders In a major relief to eateries and other hospitality sector, Ministry of Home Affairs has allowed hotels, restaurants and other hospitality services to reopen from June 8 under the first phase of coronavirus lockdown 5.0. Shopping malls will also be allowed to open from this date after more than 2 months of shutdown. Even after reopening, social distancing norms will have to be followed at these places…
  • Malls getting ready to lift shutters in June 8
    31 May 2020, Thehindu.com
    Over two months and many requests later, shopping malls, hotels and restaurants will open their shutters after the MHA on Saturday included them in the first phase of reopening – ‘Unlock 1’ – from June 8.The Shopping Centres Association of India (SCAI) welcomed the move. Amitabh Taneja, Chairman, SCAI, said, “We welcome the announcement by the Ministry of Home Affairs (MHA) to allow shopping centres, malls to open starting June 8. SCAI has made a stringent set of SOPs, which were submitted to the MHA as well as the Ministry of Health and Family Welfare (MOHFW) and other authorities…
  • Malls, wherever they open, unlikely to be the great hangout place they used to be
    31 May 2020, Telegraphindia.com
    Limited number of visitors, restricted seating in common areas and no movies for nowPriyanka Joshi, a Delhi-based tech consultant is a self-confessed mall rat. “Malls aren’t just for shopping but also my favourite places to hang out. Whether it is to meet friends for coffee or catch a film, I always head to the nearest mall,” says the 29-year old who was a frequent visitor to South Delhi’s Select Citywalk and DLF Avenue malls, before the lockdown.Joshi will be the first one through the door when the malls open, according to the government’s new schedule, on June 8…
  • Unlock 1.0 kicks in: Hotels, malls, places of worship to open from June 8
    31 May 2020, Business-standard.com
    With this, the Centre has outlined a plan to reopen nearly all activities outside of containment zones starting Monday.The Centre on Saturday eased the lockdown curbs significantly while announcing what it said was ‘’unlock 1’’ with an “economic focus”. With this, the Centre has outlined a plan to reopen nearly all activities outside of containment zones starting Monday. Places of worship, hotels, restaurants and malls can resume business by June 8, it has said. Coinciding with this, some states have extended the lockdown for 15 to 30 days…
  • Govt decision to open shopping centres from Jun 8 will help ease pressure: SCAI
    31 May 2020, Business-standard.com
    New Delhi: The government’s decision to allow shopping centres and malls to open from June 8 will help ease enormous pressure that the industry was facing due to the lockdown, Shopping Centres Association of India (SCAI) said on Saturday.Welcoming the steps announced in the fresh guidelines by the Home Ministry, SCAI Chairman Amitabh Taneja said, “Revival and resurgence is a long process, which has just about begun”.”The relaxation is certainly going to help ease an unimaginable amount of pressure that was put on the industry following the lockdown.” Taneja said…
  • “Unlock1”: Malls, Restaurants, Places Of Worship To Reopen June 8
    31 May 2020, Ndtv.com
    New Delhi: The government’s decision to allow shopping centres and malls to open from June 8 will help ease enormous pressure that the industry was facing due to the lockdown, Shopping Centres Association of India (SCAI) said on Saturday.Welcoming the steps announced in the fresh guidelines by the Home Ministry, SCAI Chairman Amitabh Taneja said, “Revival and resurgence is a long process, which has just about begun”.”The relaxation is certainly going to help ease an unimaginable amount of pressure that was put on the industry following the lockdown.” Taneja said…
  • Govt decision to open shopping centres from Jun 8 will help ease pressure: SCAI
    31 May 2020, Freepressjournal.in
    New Delhi: The government’s decision to allow shopping centres and malls to open from June 8 will help ease enormous pressure that the industry was facing due to the lockdown, Shopping Centres Association of India (SCAI) said on Saturday.Welcoming the steps announced in the fresh guidelines by the Home Ministry, SCAI Chairman Amitabh Taneja said, “Revival and resurgence is a long process, which has just about begun”.”The relaxation is certainly going to help ease an unimaginable amount of pressure that was put on the industry following the lockdown.” Taneja said…
  • Govt decision to open shopping centres from Jun 8 will help ease pressure: SCAI
    31 May 2020, Cnbctv18.com
    New Delhi: The government’s decision to allow shopping centres and malls to open from June 8 will help ease enormous pressure that the industry was facing due to the lockdown, Shopping Centres Association of India (SCAI) said on Saturday.Welcoming the steps announced in the fresh guidelines by the Home Ministry, SCAI Chairman Amitabh Taneja said, “Revival and resurgence is a long process, which has just about begun”.”The relaxation is certainly going to help ease an unimaginable amount of pressure that was put on the industry following the lockdown.” Taneja said…
  • Govt decision to open shopping centres from Jun 8 will help ease pressure: SCAI
    31 May 2020, Devdiscourse.com
    New Delhi: The government’s decision to allow shopping centres and malls to open from June 8 will help ease enormous pressure that the industry was facing due to the lockdown, Shopping Centres Association of India (SCAI) said on Saturday.Welcoming the steps announced in the fresh guidelines by the Home Ministry, SCAI Chairman Amitabh Taneja said, “Revival and resurgence is a long process, which has just about begun”.”The relaxation is certainly going to help ease an unimaginable amount of pressure that was put on the industry following the lockdown.” Taneja said…
  • Nexus Malls has joined hands with Bureau Veritas
    31 May 2020, Chandigarhcitynews.com
    Nexus Malls has joined hands with one of the most prestigious certification organizations in the world, Bureau Veritas‘Safety First’ program to be rolled out at Elante Mall in ChandigarhNexus Malls has joined hands with one of the most prestigious certification organizations in the world, Bureau Veritas, for their ‘Safety First’ program/initiative. The objective of ‘Safety First’ is to comply with optimum standards of health and safety recommendations of the WHO/local authorities are implemented without any deviations…
  • Shopping association urges CM K Chandrasekhar Rao to reopen malls, hints at job cuts
    30 May 2020, Newindianexpress.com
    Yet, for reasons unknown, it has been excluded from any relaxation.” The association said that several industries were dependent on the opening of organised retail.HYDERABAD: The Shopping Centres Association of India (SCAI), on Friday, wrote a letter to Chief Minister K Chandrasekhar Rao, requesting him to permit the reopening of shopping centres and malls to prevent the industry from collapsing.The SCAI, whose members include several mall chains like Forum, said that the industry was staring at massive revenue losses, bank defaults and unemployment…
  • Reopen malls: Mumbai association to CM K Chandrasekhar Rao
    30 May 2020, Timesofindia.indiatimes.com
    HYDERABAD: The Shopping Centres’ Association of India (SCAI) has urged chief ministerK Chandrasekhar Rao to reopen malls after May 31. The Mumbai-based association, in a letter to the CM and also chief secretary Somesh Kumar, said it would follow precautionary measures in the Covid-19 situation.”With flights and trains running again, shopping malls too should be allowed. Shopping malls play a crucial role in brining the economy back on rails,” the association said…
  • Hyderabad Metro Rail, RTC buses in city may resume services soon
    30 May 2020, Dailyhunt.in
    Hyderabad: Hyderabad Metro Rail and RTC buses in the city are likely to resume their services in the month of June.The State Government has reportedly asked Metro Rail authorities to get ready to resume the services.Maintenance operations of the Metro Rail infrastructure is already going on to keep it up to date.It is expected that after the end of lockdown 4.0 period, center government may allow Metro Rail services to operate.As per the report, a senior official of CMO said that resumption of Hyderabad Metro Rail and RTC buses on city routes will be allowed if Central Government…
  • Karnataka Govt to Open Religious Places and Gym soon
    30 May 2020, Ucnews.in
    Reportedly the Shopping Centres Association of india (SCAI) on friday met karnatakacm BS Yediyurappa and submitted a memorandum seeking directionsfor the immediate opening of shopping centres and malls in the state.They told that cm Yediyurappa assured that he will speak to PM modi on this issue and is awaiting clearance from the Centre. The association claims that they have the ability to ensure crowd control and provide a hygienic environment while maintaining social distancing norms.S Raghunandan, president retail, Bhartiya City Developer…
  • Shopping redefined
    30 May 2020, Indiatoday.in
    The retail sector plans to make consumer experience seamless post Covid-19. We look at how India’s mall culture may evolve.From disrupting industries to halting lives, the Covid-19 pandemic has put our already-ailing economy in a precarious position. The lockdown announced by the government on May 23, which has now crossed 60 days, has directly impacted businesses and jobs. In fact, owing to this situation, malls have lost over Rs 90,000 crores in the last two months, said The Shopping Centres Association of India…
  • Govt decision to open shopping centres from June 8 will help ease pressure: SCAI
    30 May 2020, Timesofindia.indiatimes.com
    The government’s decision to allow shopping centres and malls to open from June 8 will help ease enormous pressure that the industry was facing due to the lockdown, Shopping Centres Association of (SCAI) said on Saturday…
  • Govt decision to open shopping centres from June 8 will help ease pressure: SCAI
    30 May 2020, Cnbctv18.com
    The government’s decision to allow shopping centres and malls to open from June 8 will help ease enormous pressure that the industry was facing due to the lockdown, Shopping Centres Association of (SCAI) said on Saturday…
  • Govt decision to open shopping centres from June 8 will help ease pressure: SCAI
    30 May 2020, Freepressjournal.in
    The government’s decision to allow shopping centres and malls to open from June 8 will help ease enormous pressure that the industry was facing due to the lockdown, Shopping Centres Association of India (SCAI) said on Saturday…
  • Tourism industry in a wait-and-watch mode
    29 May 2020, Ucnews.in
    Stakeholders in Mysuru give thrust to local travel to build confidenceBengaluru: Tourism industry in Karnataka and Mysuru that has earned global recognition is staring at the reality of having to live with the Coronavirus. With hundreds of tourist spots and being the bellwether for Indian tourism, all eyes are focussed on how the State opens up for travel.TheKarnataka Tourism Societyhas submitted a memorandum to Chief Minister B.S. Yediyurappa demanding that tourism destinations be opened up from June 1…
  • ‘Permit opening of shopping malls’
    29 May 2020, Telanganatoday.com
    Shopping Centres Association of India appeals to Telangana CMHyderabad: The Shopping Centres Association of India (SCAI) appealed to the Chief Minister K Chandrashekhar Rao to permit restarting of shopping malls after May 31.Shopping centres or mall industry, which connects the factory produce to consumers, can play a crucial role in bringing economy back, said SCAI Chairman Amitabh Taneja in a representation to the Chief Minister…
  • SCAI urges Telangana CM K Chandrasekhar Rao to reopen malls
    29 May 2020, Timesofindia.indiatimes.com
    HYDERABAD: With its members hit hard by the lockdown, the Shopping Centres Association of India (SCAI) has written to Telangana chief minister K Chandrasekhar Rao and chief secretary Somesh Kumar urging them to immediately allow malls and shopping centres to reopen just like other shops that have been allowed to reopen…
  • Shopping malls prepare to re-open in Karnataka after lockdown
    29 May 2020, Businesstoday.in
    The Shopping Centres Association of India (SCAI) on Tuesday met Karnataka CM BS Yediyurappa and submitted a memorandum seeking directions for the immediate opening of shopping centers and malls in the state. The association claimed that they would ensure crowd control and provide a hygienic environment while maintaining social distancing norms. Karnataka includes a total of 82 malls, with a total footprint of over 200 lakh square feet of built-up area, which is the largest in South India…
  • Shopping malls prepare to re-open in Karnataka after lockdown
    28 May 2020, Msn.com
    The Shopping Centres Association of India (SCAI) on Tuesday met Karnataka CM BS Yediyurappa and submitted a memorandum seeking directions for the immediate opening of shopping centers and malls in the state. The association claimed that they would ensure crowd control and provide a hygienic environment while maintaining social distancing norms. Karnataka includes a total of 82 malls, with a total footprint of over 200 lakh square feet of built-up area, which is the largest in South India…
  • In Karnataka, Shopping Centre Body Argues Why Malls Should Reopen
    29 May 2020, Ndtv.com
    Authorities are concerned about social distancing norms – and while all standalone shops in Karnataka have been allowed to open – malls and shopping complexes stay firmly shut.The representatives of the association insist they can keep customers and staff safe. (Representational)Each time there is a relaxation of the lockdown imposed due to the coronavirus pandemic, shopping malls stay firmly off the list of what can open. Authorities are concerned about social distancing norms – and while all standalone shops in Karnataka have been allowed to open – malls and shopping complexes stay firmly shut…
  • The virus of fear has to be fought as strongly as the virus of Corona
    28 May 2020, Thehindubusinessline.com
    The entire country is heaving a sigh of relief as airports are operational and flights have started. Trains to have started moving. This will be a collective relief to millions across the country. Until Lockdown 3, people had a feeling of safety inside the home. With lockdown 4, as travel and economic activities have started, it was important that people start feeling safe outside homes as well. We can now start wishing our near and dear ones, “Have a safe journey.”The latest video released by the travel and hospitality fraternity on having a safe trip is timely indeed…
  • Will all 82 Malls be opened in Karnataka soon
    28 May 2020, Dailyhunt.in
    Reports stated the Shopping Centres Association of India (SCAI) on Tuesday met Karnataka cm BS Yeddyurappa and submitted a memorandum seeking directions for the immediate opening of shopping centres and malls in the state. The association claims that they have the ability to ensure crowd control and provide a hygienic environment while maintaining social distancing norms.S Raghunandan, president retail, Bhartiya City Developers says, “We told the cm about the tremendous amount of suffering in the state today owing to malls being closed as well as the revenues that are being lost at every level by the malls, retailers and government…
  • Will Karnataka Govt grant permission to Shopping Malls to be opened soon
    28 May 2020, Dailyhunt.in
    Reportedly the Shopping Centres Association of India (SCAI) on Tuesday met Karnataka cm BS Yeddyurappa and submitted a memorandum seeking directions for the immediate opening of shopping centres and malls in the state. They told India Today tv that cm Yeddyurappa assured that he will speak to PM Modi on this issue and is awaiting clearance from the Centre…
  • The retail industry is going through a disturbing phase: Rashmi Sen, Phoenix Mall
    27 May 2020, Msn.com
    Arjun Sharma, Chairman, Select Group; Rashmi Sen, Group COO, Phoenix Mall; and Abhishek Bansal, ED, Pacific Mall talks about the problems that the malls have faced amid lockdown, rent waiver for the outlets and hope from the government among others during an exclusive interview with Swati Khandelwal, Zee Business. Edited Excerpts:Q: Every sector has faced problems due to lockdown, which is being lifted in a phased manner allowing them to resume activities but no decision, has been made on malls…
  • Hotels, malls demand relaxation in rules; state looks to Centre
    27 May 2020, Deccanherald.com
    In a big relief to hotels in Bengaluru and across the state, the state government has assured the Bruhat Bangalore Hotels Association of relaxing the lockdown rules from June 1. The association members met Chief Minister B S Yediyurappa on Tuesday, requesting to allow hotels to offer dine-in services, to which the chief minister responded positively, according to the members. Sources close to the chief minister revealed to DH that he has written to the Centre, seeking relaxation on hotel services…
  • SCAI urges CM to open malls; provide a level playing field
    27 May 2020, Thehindu.com
    Representatives of the Shopping Centres Association of India (SCAI) met Chief Minister B.S. Yediyurappa on Tuesday seeking directions for the immediate opening of shopping centres and malls across Karnataka.SCAI representatives assured the Chief Minister of their ability to ensure a safe environment, control crowds, and ensure that people follow social distancing norms. They submitted the Standard Operating Procedures (SOPs) that they had developed in preparation for re-opening in India. While much is being talked about the safety and use of air conditioning at shopping centres, the SCAI has termed it an unfounded fear…
  • Shopping Centres Association urges Yediyurappa to open malls in State
    27 May 2020, Thehindubusinessline.com
    ‘If lockdown continues, job losses will be imminent’Representatives of the Shopping Centres Association of India (SCAI) met with Karnataka Chief Minister BS Yediyurappa, on Tuesday, seeking directions for the immediate opening of shopping centres and malls in the State. The association emphasised on the safety of the malls in the prevailing environment and assured the CM of its ability to ensure crowd control and provide a hygienic environment whilst maintaining social distancing norms. The SCAI has also submitted a set of SOPs it developed in the preparedness of opening shopping centres to the Chief Minister at the meeting…
  • Tourism society, shopping centre body seek re-opening
    27 May 2020, Newindianexpress.com
    The Karnataka Tourism Society has submitted a memorandum to Chief Minister B S Yediyurappa demanding that hotels, restaurants and some tourism destinations be opened up. BENGALURU: The Karnataka Tourism Society has submitted a memorandum to Chief Minister B S Yediyurappa demanding that hotels, restaurants and some tourism destinations be opened up. Society president K Shama Raju told media on Tuesday that although the CM was keen to accord permission, he had said that the decision will be taken after consulting the Central government…
  • Ready with SOP, can open in 24 hours if given permission: Shopping mall body to Karnataka CM
    27 May 2020, Dailyhunt.in
    The Shopping Centres Association of India (SCAI) on Tuesday met Karnataka CM BS Yediyurappa and submitted a memorandum seeking directions for the immediate opening of shopping centres and malls in the state. They told India Today TV that CM Yediyurappa assured that he will speak to PM Modi on this issue and is awaiting clearance from the Centre. The association claims that they have the ability to ensure crowd control and provide a hygienic environment while maintaining social distancing norms…
  • Tourism society, shopping centre body seek re-opening
    27 May 2020, Ucnews.in
    Malls in Karnataka are yet to re-opens Bengaluru: The Karnataka Tourism Society has submitted a memorandum to Chief Minister B S Yediyurappa demanding that hotels, restaurants and some tourism destinations be opened up. Society president K Shama Raju told media on Tuesday that although the CM was keen to accord permission, he had said that the decision will be taken after consulting the Central government. The Society demanded that hotels and restaurants be given permission to serve food in adherence of physical distance norms…
  • Ready with SOP, can open in 24 hours if given permission: Shopping mall body to Karnataka CM
    27 May 2020, Indiatoday.in
    Representatives of Shopping Centres Association of India met Karnataka CM BS Yediyurappa and claimed consumption losses of more than Rs. 2000 crores since lockdown began in Bengaluru alone. The Shopping Centres Association of India (SCAI) on Tuesday met Karnataka CM BS Yediyurappa and submitted a memorandum seeking directions for the immediate opening of shopping centres and malls in the state. They told India Today TV that CM Yediyurappa assured that he will speak to PM Modi on this issue and is awaiting clearance from the Centre…
  • India Lockdown 4.0: India enters the top 10 COVID affected countries
    26 May 2020, economictimes.indiatimes.com
    On Monday, India resumed its domestic flights with snags and glitches even as it rose to the 10th spot of the most highly COVID-19 infected countries. The CBIC has released approximately Rs 18,000 crore refunds amid lockdown, while the labour unions and the ILO request the Prime Minister Narendra Modi to uphold labour conventions to protect workers. ETCFO brings in these and more. ETCFOLast week, the RBI had slashed policy rates by 40 basis points and extended loan moratorium on EMIs by three months…
  • Malls lose Rs 90k cr in 2 months, SCAI seeks adequate relief
    26 May 2020, dailyhunt.in
    NEW DELHI: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown, and market players need much more than the repo rate cut and the loan moratorium extended by the RBI. In a statement, the industry body said that the Reserve Bank of India’s (RBI) relief measures are not adequate to support the liquidity needs of the industry…
  • The retail industry is going through a disturbing phase: Rashmi Sen, Phoenix Mall
    26 May 2020, Zeebiz.com
    Arjun Sharma, Chairman, Select Group; Rashmi Sen, Group COO, Phoenix Mall; and Abhishek Bansal, ED, Pacific Mall talks about the problems that the malls have faced amid lockdown, rent waiver for the outlets and hope from the government among others during an exclusive interview with Swati Khandelwal, Zee Business. Arjun Sharma, Chairman, Select Group; Rashmi Sen, Group COO, Phoenix Mall; and Abhishek Bansal, ED, Pacific Mall talks about the problems that the malls have faced amid lockdown, rent waiver for the outlets and hope from the government among others during an exclusive interview with Swati Khandelwal, Zee Business…
  • Malls lose Rs 90k cr in 2 months, SCAI seeks adequate relief
    26 May 2020, Outlookindia.com
    Malls lose Rs 90k cr in 2 months, SCAI seeks adequate reliefNew Delhi, May 25 (IANS) The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown, and market players need much more than the repo rate cut and the loan moratorium extended by the RBI. In a statement, the industry body said that the Reserve Bank of India”s (RBI) relief measures are not adequate to support the liquidity needs of the industry…
  • Malls lose Rs 90k cr in 2 months, SCAI seeks adequate relief
    26 May 2020, Timesofindia.indiatimes.com
    Malls lose Rs 90k cr in 2 months, SCAI seeks adequate reliefNew Delhi, May 25 (IANS) The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown, and market players need much more than the repo rate cut and the loan moratorium extended by the RBI. In a statement, the industry body said that the Reserve Bank of India”s (RBI) relief measures are not adequate to support the liquidity needs of the industry…
  • Malls lose Rs 90k cr in 2 months, SCAI seeks adequate relief
    26 May 2020, Newindianexpress.com
    Malls lose Rs 90k cr in 2 months, SCAI seeks adequate reliefNew Delhi, May 25 (IANS) The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown, and market players need much more than the repo rate cut and the loan moratorium extended by the RBI. In a statement, the industry body said that the Reserve Bank of India”s (RBI) relief measures are not adequate to support the liquidity needs of the industry…
  • Organised retail loses Rs 90k cr in 2 months, SCAI seeks adequate relief
    26 May 2020, Dailypioneer.com
    The Shopping Centres Association of India (SCAI) on Monday said the organised retail sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown, and market players need much more than the repo rate cut and the loan moratorium extended by the RBI.In a statement, the industry body said that the Reserve Bank of India’s (RBI) relief measures are not adequate to support the liquidity needs of the industry…
  • Coronavirus Lockdown: Shopping Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, News24online.com
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Malls lose Rs 90,000 crore in two months amid lockdown, SCAI seeks adequate relief
    26 May 2020, Thenewsminute.com
    The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown, and market players need much more than the repo rate cut and the loan moratorium extended by the RBI. In a statement, the industry body said that the Reserve Bank of India’s (RBI) relief measures are not adequate to support the liquidity needs of the industry…
  • Coronavirus Lockdown: Shopping Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Dailyhunt.in
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Navhindtimes.in
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Indiaupdates.in
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Dtnext.in
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Smetimes.in
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Coronavirus Lockdown: Shopping Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Webindia123.com
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Telanganatoday.com
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Sify.com
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Windowtonews.com
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Ianslive.in
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Socialnews.xyz
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Forevernews.in
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Prokerala.com
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Investmentguruindia.com
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Bhaskarlive.in
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Moneylife.in
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, In.finance.yahoo.com
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Newkerala.com
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Vishvatimes.com
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Daijiworld.com
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • Malls lose Rs 90,000 crore in 2 months, SCAI seeks adequate relief
    26 May 2020, Newsd.in
    Lockdown: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown.New Delhi: The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown…
  • COVID-19 Impact: Retail trade lost business worth Rs 9 lakh cr in 60 days; businessmen facing acute financial crunch, says CAIT
    26 May 2020, Firstpost.com
    COVID-19 has hit retail business with a loss of Rs 9 lakh in 60 days and about 40 percent of the six million employees working in India’s modern, rather than traditional, retail sector could likely lose their jobs in the next four months if the government does not intervene.The Confederation of All India Traders (CAIT) said that the country’s retail trade lost business worth Rs 9 lakh crore in the last 60 days, mainly due to the nationwide lockdown to contain coronavirus pandemic, reported PTI…
  • Organised retail loses Rs 90k cr in 2 months, SCAI seeks adequate relief
    25 May 2020, Dtnext.in
    The Shopping Centres Association of India (SCAI) on Monday said the organised retail sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown, and market players need much more than the repo rate cut and the loan moratorium extended by the RBI. In a statement, the industry body said that the Reserve Bank of India’s (RBI) relief measures are not adequate to support the liquidity needs of the industry…
  • Organised retail loses Rs 90k cr in 2 months, SCAI seeks adequate relief
    25 May 2020, Indiaretailing.com
    The Shopping Centres Association of India (SCAI) on Monday said the organised retail sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown, and market players need much more than the repo rate cut and the loan moratorium extended by the RBI. In a statement, the industry body said that the Reserve Bank of India’s (RBI) relief measures are not adequate to support the liquidity needs of the industry…
  • Organised retail loses Rs 90k cr in 2 months, SCAI seeks adequate relief
    25 May 2020, Outlookindia.com
    The Shopping Centres Association of India (SCAI) on Monday said the organised retail sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown, and market players need much more than the repo rate cut and the loan moratorium extended by the RBI.In a statement, the industry body said that the Reserve Bank of India”s (RBI) relief measures are not adequate to support the liquidity needs of the industry…
  • Malls Shopping Centres seeks assistance from the government, lenders to overcome Corona crisis
    25 May 2020, Economictimes.com
    Mumbai | Bengaluru: Mall developers and shopping centre owners have sought immediate relief from the government and financial institutions including an extended moratorium on loans, access to short-term financing, a one-time loan restructuring and flexibility in depositing GST to help tide over the Covid-19 crisis…
  • Lockdown 4.0: Ambiguity in local level interpretation of laws a challenge for retail industry
    24 May 2020, Thehindubusinessline.com
    Lockdown 4.0 guidelines that allow opening of non-essential stores, depending on their locations and State government directives, have so far been a mixed bag for the retail industry. While States have issued their own set of directives, post the issuance of guidelines by the Ministry of Home Affairs last week, interpretation of laws at the local level has been ambiguous, said industry players. At the same time, the retail industry has been urging the Central government to allow the opening of malls…
  • Malls seek e-tail nod, to home-deliver products
    20 May 2020, Retail.economictimes.indiatimes.com
    Speaking to TOI, owners of restaurants with multi-mall presence said that the facilities in which they are present have not been allowed to open to public even in lockdown 4.0, while the restaurants should be allowed to operate their kitchens and deliver food through orders placed online or through food delivery aggregators like Swiggy and Zomato.Kolkata: Restaurants and retailers who are present in city malls have urged the government to allow them to function as home delivery and e-retail entities and start off-site sales even as the embargo on customer entry continues…
  • Covid-19: Shopping Malls brace up to open after lockdown
    20 May 2020, Indiacityblog.com
    The beginning of the lockdown marked a drastic decline in the mall owner’s revenue and the business has been suffering ever since. But now, as the end of the months-long lockdown nears, they are ready and well equipped. Mall owners are making special arrangements to ensure a safe and hygienic welcome of the customers after the upliftment of the lockdown…
  • Karnataka’s hotel sector irked by Centre’s raw deal
    20 May 2020, Travel.economictimes.indiatimes.com
    On Tuesday, hoteliers will meet chief minister BS Yediyurappa and request him to allow hotels and restaurants to open Lockdown 4.0 guidelines have put paid to plans of hotels, restaurants, shopping malls, fitness centers, gyms, multiplexes and single-screen cinemas who were gearing up to open up. “After Modi’s speech last week, we thought the dark days are over. But we’re baffled by the decision of the Centre to allow public transport but not the hospitality and tourism sectors,” said PC Rao, president, Bangalore Hoteliers Association…
  • Malls seek e-tail nod, to home-deliver products
    20 May 2020, Timesofindia.indiatimes.com
    Restaurants and retailers who are present in city malls have urged the government to allow them to function as home delivery and e-retail entities and start off-site sales even as the embargo on customer entry continues. Speaking to TOI, owners of restaurants with multi-mall presence said that the facilities in which they are present have not been allowed to open to public even in lockdown 4.0, while the restaurants should be allowed to operate their kitchens and deliver food through orders placed online or through food delivery aggregators like Swiggy and Zomato. “Just ahead of the first lockdown, the malls had…
  • Karnataka: Hotel sector irked by Centre’s raw deal
    19 May 2020, Timesofindia.indiatimes.com
    Lockdown 4.0 guidelines have put paid to plans of hotels, restaurants, shopping malls, fitness centers, gyms, multiplexes and single-screen cinemas who were gearing up to open up. “After Modi’s speech last week, we thought the dark days were over. But we’re baffled by the decision of the Centre to allow public transport but not the hospitality and tourism sectors,” said PC Rao, president, Bangalore Hoteliers Association. It’s a double whammy for the hotel industry as the Centre didn’t consider it in the Rs. 20 lakh crore relief package, he added. On Tuesday, hoteliers will meet chief minister BS Yediyurappa and request…
  • Anxious retailers feel short-changed by govt
    19 May 2020, livemint.com
    The Centre’s economic package to cushion the impact of the pandemic has done little to bail out the retail sector that employs millions, said retailers. More money should have been put in the hands of consumers to keep demand intact in an otherwise depressed economy, especially as job losses are imminent, said retailers of apparel, mobile phones, footwear and accessories…
  • Economic package has nothing for industry: Retailers
    19 May 2020, hindustantimes.com
    The Centre’s economic package to cushion the impact of the pandemic has done little to bail out the retail sector that employs millions, said retailers. More money should have been put in the hands of consumers to keep demand intact, especially as job losses are imminent, said retailers of apparel, phones, footwear and accessories. Retailers, except those selling essential products, have seen their businesses suffer as a prolonged lockdown has led to countrywide store closures. The retail sector employs 40-50 million people directly, according to estimates by the Retailers Association of India (RAI)…
  • Economic package has nothing for industry: Retailers
    19 May 2020, ucnews.in
    The Centre’s economic package to cushion the impact of the pandemic has done little to bail out the retail sector that employs millions, said retailers. More money should have been put in the hands of consumers to keep demand intact, especially as job losses are imminent, said retailers of apparel, phones, footwear and accessories. Retailers, except those selling essential products, have seen their businesses suffer as a prolonged lockdown has led to countrywide store closures. The retail sector employs 40-50 million people directly, according to estimates by the Retailers Association of India (RAI)…
  • Shopping centres industry requests TN CM to allow opening of malls
    19 May 2020, Newstodaynet.com
    The Shopping Centres Association of India (SCAI) has made a representation to Tamilnadu Chief Minister Edappadi K Palaniswami, requesting the government to allow phased opening of shopping malls in the State. A delegation led by Aslam Packeer, managing director, Marina Mall Chennai and S Sridharan, chairman, CREDAI, TN chapter along with representatives of Phoenix Market City, Virtuous Retail, Express Avenue and Forum Vijaya Mall Chennai met with the officials at the Chief Minister’s Office and submitted a detailed representation in this regard…
  • Malls draw up plans to live with coronavirus
    18 May 2020, Economictimes.indiatimes.com
    Malls are setting up pandemic response teams, isolation centres for those who may be infected, and dedicated apps to order food as they look to get shoppers back inside once the lockdown ends. They are also asking for the deployment of sneeze guards by retailers as part of new protocols to mitigate risk…
  • Malls draw up plans to live with coronavirus
    18 May 2020, Tech.economictimes.indiatimes.com
    Seating will be allowed at alternate tables to maintain adequate physical distancing while cafeteria vendors have been instructed to serve only packed food until the Covid-19 outbreak subsides. Malls are setting up pandemic response teams, isolation centers for those who may be infected, and dedicated apps to order food as they look to get shoppers back inside once the lockdown ends. They are also asking for the deployment of sneeze guards by retailers as part of new protocols to mitigate risk. As per new guidelines drawn up by the Shopping Centers Association of India (SCAI), seating will be allowed at alternate tables…
  • Airlines, hotels stare at large job losses
    18 May 2020, Financialexpress.com
    Airlines and hospitality — the two most distressed sectors with their entire business locked during lockdown — are clearly the most disappointed with the government’s economic revival package, as there was nothing specific for them. Airlines and hospitality — the two most distressed sectors with their entire business locked during lockdown — are clearly the most disappointed with the government’s economic revival package, as there was nothing specific for them. To be fair, the government did list out some measures for the aviation and airport sectors but they were neither in the nature of an instant relief nor to kickstart operations…
  • Airlines, hotels stare at large job losses
    18 May 2020, Msn.com
    Airlines and hospitality — the two most distressed sectors with their entire business locked during lockdown — are clearly the most disappointed with the government’s economic revival package, as there was nothing specific for them. Airlines and hospitality — the two most distressed sectors with their entire business locked during lockdown — are clearly the most disappointed with the government’s economic revival package, as there was nothing specific for them. To be fair, the government did list out some measures for the aviation and airport sectors but they were neither in the nature of an instant relief nor to kickstart operations…
  • LuLu Mall prepares to welcome back consumers with a cleaner, safer environment
    16 May 2020, Indiaretailing.com
    With the Government of India lifting restrictions for the retail industry in a phased manner, retailers and shopping malls pan India are excitedly and exhaustively preparing themselves to re-open their premises post lockdown. For now, the Shopping Centre Industry is waiting for orders from the Government to allow them to reopen in green and orange zones…
  • Allow markets, malls in safe zones to open: Traders
    17 May 2020, Timesofindia.indiatimes.com
    The state unit of the Shopping Centres Association of India (SCAI) has “requested” the government to revive the business of malls and shopping complexes…
  • Karnataka Bats for More Relaxations in Lockdown 4.0, Asks All Bengaluru Metro Staff to Report to Work
    16 May 2020, News18.com
    In what could be an indication of more relaxations in Karnataka during Lockdown 4.0, the state government on Friday ordered all Bangalore Metropolitan Transport Corporation (BMTC) employees to report to work in full strength. The government has also issued a circular specifying guidelines for schools to deal with the post-pandemic normal. However, the date for commencement of the new academic year has not been mentioned. The state government has also issued…
  • Karnataka Bats for More Relaxations in Lockdown 4.0, Asks All Bengaluru Metro Staff to Report to Work
    16 May 2020, In.news.yahoo.com
    In what could be an indication of more relaxations in Karnataka during Lockdown 4.0, the state government on Friday ordered all Bangalore Metropolitan Transport Corporation (BMTC) employees to report to work in full strength. The government has also issued a circular specifying guidelines for schools to deal with the post-pandemic normal. However, the date for commencement of the new academic year has not been mentioned. The state government has also issued guidelines for the resumption of public transport services, schools and malls. Public Transport So far, BMTC has been providing buses to essential services providers and is ferrying migrant workers to train stations…
  • Brave New World
    16 May 2020, Dailypioneer.com
    There is no going back to business as usual when we emerge from the pandemic. Amitabh Taneja, chairman of SCAI, Pushpa Bector, executive director of DLF Shopping Malls, Rajneesh Mahajan, CEO of Inorbit Malls, Rashmi Sen, Group COO — Malls of The Phoenix Mills Ltd, Pankaj Renjhen, COO of Virtuous Retail and Mukesh Kumar, CEO of Infiniti Malls, describe how we shop, eat and spend our leisure at malls is all set to change. By Ayushi SharmaYou enter the mall parking area and are waved away by the attendant that there is no space…
  • Mall owners, operators approach Yediyurappa for phased opening
    16 May 2020, Thehindubusinessline.com
    The Shopping Centres Association of India (SCAI), armed with a set of SOPs and guidelines for the reopening of malls, has requested Karnataka Chief Minister BS Yediyurappa for phased opening. SCAI’s representation to the state government holds significance as lockdown 4.0 relaxation is due and shopping malls have not found favour from the government. As the State government is keenly considering the opening up of gyms and fitness centres, shopping malls are yet to find any reprieve and relaxation to open up in a phased manner…
  • Shopping Centres Association seeks Karnataka CM’s nod to reopen malls
    16 May 2020, Outlookindia.com
    The Shopping Centers Association of India (SCAI) has appealed to Karnataka Chief Minister B S Yediyurappa to allow the reopening of malls in the state. In a statement, the SCAI said it had made a representation to Yediyurappa with a set of Standard Operating Procedures (SOPs) and guidelines for reopening of malls. “SCAI has asserted and collectively with industry captains, endorsed the ability of shopping centers to enforce protocols in a far more efficient manner than many others who have benefited from the relaxation,” it said…
  • Shopping Centres Association seeks Karnataka CM’s nod to reopen malls
    16 May 2020, Business-standard.com
    The Shopping Centers Association of India (SCAI) has appealed to Karnataka Chief Minister B S Yediyurappa to allow the reopening of malls in the state. In a statement, the SCAI said it had made a representation to Yediyurappa with a set of Standard Operating Procedures (SOPs) and guidelines for reopening of malls. “SCAI has asserted and collectively with industry captains, endorsed the ability of shopping centers to enforce protocols in a far more efficient manner than many others who have benefited from the relaxation,” it said…
  • Shopping Centres Association seeks Karnataka CM’s nod to reopen malls
    16 May 2020, Newindianexpress.com
    The Shopping Centers Association of India (SCAI) has appealed to Karnataka Chief Minister B S Yediyurappa to allow the reopening of malls in the state. In a statement, the SCAI said it had made a representation to Yediyurappa with a set of Standard Operating Procedures (SOPs) and guidelines for reopening of malls. “SCAI has asserted and collectively with industry captains, endorsed the ability of shopping centers to enforce protocols in a far more efficient manner than many others who have benefited from the relaxation,” it said…
  • Shopping Centres Association seeks Karnataka CM’s nod to reopen malls
    16 May 2020, Economictimes.indiatimes.com
    The Shopping Centers Association of India (SCAI) has appealed to Karnataka Chief Minister B S Yediyurappa to allow the reopening of malls in the state. In a statement, the SCAI said it had made a representation to Yediyurappa with a set of Standard Operating Procedures (SOPs) and guidelines for reopening of malls. “SCAI has asserted and collectively with industry captains, endorsed the ability of shopping centers to enforce protocols in a far more efficient manner than many others who have benefited from the relaxation,” it said…
  • Shopping Centres Association seeks Karnataka CM’s nod to reopen malls
    16 May 2020, Latestly.com
    The Shopping Centers Association of India (SCAI) has appealed to Karnataka Chief Minister B S Yediyurappa to allow the reopening of malls in the state. In a statement, the SCAI said it had made a representation to Yediyurappa with a set of Standard Operating Procedures (SOPs) and guidelines for reopening of malls. “SCAI has asserted and collectively with industry captains, endorsed the ability of shopping centers to enforce protocols in a far more efficient manner than many others who have benefited from the relaxation,” it said…
  • Shopping Centres Association seeks Karnataka CM’s nod to reopen malls
    16 May 2020, Devdiscourse.com
    The Shopping Centers Association of India (SCAI) has appealed to Karnataka Chief Minister B S Yediyurappa to allow the reopening of malls in the state. In a statement, the SCAI said it had made a representation to Yediyurappa with a set of Standard Operating Procedures (SOPs) and guidelines for reopening of malls. “SCAI has asserted and collectively with industry captains, endorsed the ability of shopping centers to enforce protocols in a far more efficient manner than many others who have benefited from the relaxation,” it said…
  • Why not allow malls to open, asks SCAI
    16 May 2020, Thehindu.com
    The Shopping Centres Association of India (SCAI) has said that if establishments like offices and standalone shops are allowed to open, malls should be too with precautions in place.In a release, Amitabh Taneja, chairman of SCAI, said: “SCAI has been advocating the need for concerted support from government and financial institutions towards the survival and long-term sustainability of organized retail trade-in India. The decentralized strategy to exit the lockdown is grounded in firm guidelines to help economic recovery. We are responsible for the livelihoods of 12 million.” The association has submitted a memorandum to Chief Minister B.S. Yediyurappa…
  • Infinity Mall CEO, Director & Head of SoP committee of SCAI Mukesh Kumar on India’s COVID situation
    16 May 2020, Timesnownews.com
    Mukesh Kumar is the CEO of Infinity Mall and Director & Head of the SoP committee of the shopping centre association of India (SCAI). briefs on the process of opening the areas & expectation of social distancing norms in the malls, markets & shopping areas as these are the most crowded parts of our cities…
  • Shopping Malls ready to open in Karnataka, await government nod
    15 May 2020, Retail.economictimes.indiatimes.com
    The Shopping Centres Association of India (SCAI) has made a representation to Karnataka government for the reopening of malls in the state with a set of standard operating procedures and guidelines. The association has asserted and collectively endorsed the ability of shopping centres to enforce protocols in a far more efficient manner than many others who have benefited from the relaxation. The representation holds significance as the country braces itself for Lockdown…
  • Chennai lockdown news: Today’s updates from your city
    15 May 2020, Timesofindia.indiatimes.com
    “Guest workers are boarding the special train between Chennai to Assam at the MGR Central Railway Station. Amid prevalent chaos and uncertainty over access to the essential services and commodities during the lockdown, we bring you the latest updates from your city. Update 10.33 pm: Three people including a nine-year-old girl tested positive for the Covid-19 in Puducherry on Thursday, pushing the tally in the Union Territory to seven…
  • Covid-19 Tally Breaches 1,000 Mark in Karnataka with Record Single Day Spike of 69 Cases
    15 May 2020, In.news.yahoo.com
    The total number of COVID-19 infections breached the 1,000 mark in Karnataka, as the state saw the biggest single-day spike of 69 new cases, including of a dead person, the state health department…
  • Covid-19 Tally Breaches 1,000 Mark in Karnataka with Record Single Day Spike of 69 Cases
    15 May 2020, News18.com
    The total number of COVID-19 infections breached the 1,000 mark in Karnataka, as the state saw the biggest single-day spike of 69 new cases, including of a dead person, the state health department. A 52-year-old man from Chitaguppa town of Bidar, with a history of Severe Acute Respiratory Infection and travel to Hyderabad, had died on May 12 at a designated hospital in the district…
  • Shopping mall owners urge CM to allow phased opening in Chennai
    15 May 2020, Newindianexpress.com
    Chief Minister Edappadi K Palaniswami has been urged to allow the phased opening of shopping malls in the city. A representation was made by the Shopping Centres Association of India (SCAI). A delegation led by Aslam Packeer, managing director of Marina Mall Chennai, S Sridharan, Chairman of CREDAI Tamil Nadu Chapter and representatives of Phoenix Market City, Virtuous Retail, Express Avenue and Forum Vijaya Mall Chennai met the Chief Minister…
  • Mall of America to reopen June 1, Rosedale and Galleria on Monday
    14 May 2020, Startribune.com
    While Gov. Tim Walz has given the green light for stores in Minnesota to reopen as soon as Monday, it will take days or weeks before some get back up and running as they recall furloughed employees and establish new safety protocols…
  • Shopping malls seek TN Govt”s nod to operate
    14 May 2020, Outlookindia.com
    The Shopping Centres Association of India, representing the malls operating in the country, have requested the Tamil Nadu government to allow opening of malls in a phased manner adhering to standard operating procedures. Senior representatives of the industry in a statement here said a standard operating procedure will be followed including maintaining social distancing, ensuring a hygiene environment in malls in the state in the wake of the coronavirus outbreak. According to the association, there are over 25 malls having a total footprint of over 165 lakh square foot of built-up area under operations in the state. Nearly 40,000 jobs are provided in…
  • Shopping malls seek TN Govt’s nod to operate
    14 May 2020, Business-standard.com
    The Shopping Centres Association of India, representing the malls operating in the country, have requested the Tamil Nadu government to allow opening of malls in a phased manner adhering to standard operating procedures. Senior representatives of the industry in a statement here said a standard operating procedure will be followed including maintaining social distancing, ensuring a hygiene environment in malls in the state in the wake of the coronavirus outbreak…
  • Shopping malls seek TN Govt’s nod to operate
    14 May 2020, Dtnext.in
    The Shopping Centres Association of India, representing the malls operating in the country, have requested the Tamil Nadu government to allow opening of malls in a phased manner adhering to standard operating procedures. Senior representatives of the industry in a statement here said a standard operating procedure will be followed including maintaining social distancing, ensuring a hygiene environment in malls in the state in the wake of the coronavirus outbreak. According to the association, there are over 25 malls having a total footprint of over 165 lakh square foot of built-up area under operations in the state. Nearly 40,000 jobs are provided in…
  • Shopping malls seek TN Govt’s nod to operate
    14 May 2020, Cnbctv18.com
    The Shopping Centres Association of India, representing the malls operating in the country, have requested the Tamil Nadu government to allow opening of malls in a phased manner adhering to standard operating procedures. Senior representatives of the industry in a statement here said a standard operating procedure will be followed including maintaining social distancing, ensuring a hygiene environment in malls in the state in the wake of the coronavirus outbreak…
  • Shopping malls seek TN Govt’s nod to operate
    14 May 2020, Devdiscourse.com
    The Shopping Centres Association of India, representing the malls operating in the country, have requested the Tamil Nadu government to allow opening of malls in a phased manner adhering to standard operating procedures. Senior representatives of the industry in a statement here said a standard operating procedure will be followed including maintaining social distancing, ensuring a hygiene environment in malls in the state in the wake of the coronavirus outbreak…
  • Shopping malls seek TN Govt’s nod to operate
    14 May 2020, In.news.yahoo.com
    The Shopping Centres Association of India, representing the malls operating in the country, have requested the Tamil Nadu government to allow opening of malls in a phased manner adhering to standard operating procedures. Senior representatives of the industry in a statement here said a standard operating procedure will be followed including maintaining social distancing, ensuring a hygiene environment in malls in the state in the wake of the coronavirus outbreak…
  • Shopping malls seek TN Govt’s nod to operate
    14 May 2020, Patrika.com
    The Shopping Centres Association of India, representing the malls operating in the country, have requested the Tamil Nadu government to allow opening of malls in a phased manner adhering to standard operating procedures. Senior representatives of the industry in a statement here said a standard operating procedure will be followed including maintaining social distancing, ensuring a hygiene environment in malls in the state in the wake of the coronavirus outbreak…
  • These Retailers Aren’t Paying Rent Amid COVID-19, and Now They’re Being Sued by Landlords — Who’s Right?
    13 May 2020, Footwearnews.com
    Within the past week, landlords have filed lawsuits against two of the country’s biggest retailers over missed rent payments…
  • SCAI presents SOPs and guidelines to Govt to reopen malls
    14 May 2020, Indiaretailing.com
    On Wednesday, Shopping Centres Association of India (SCAI) presented SOPs and guidelines to the policy makers of ‘Empowered Group 6’ just before FM’s announcements…
  • Vox Cinemas launches drive-in theatre at Mall of Emirates
    14 May 2020, Indiaretailing.com
    The drive-in cinema is making a comeback at Mall Of The Emirates as the property and VOX Cinemas take the movie-going experience outdoors…
  • Only 4 pc say will visit malls post lockdown: Survey
    13 May 2020, Indiaretailing.com
    More than three-fourth or 78 percent consumers in a survey conducted among a little over thousand people in more than 200 districts want the government to permit e-commerce platforms to deliver all goods beyond essential items…
  • Opening shopping malls can reboot economy albeit with all safety precautions: Mall-owners
    13 May 2020, Moneycontrol.com
    While the unorganized sector has been working diligently to reduce consumer stress, mall-owners feel they are overlooking an opportunity to leverage the organized retail sector. Hence, mall-owners believe opening shopping malls can reboot the Indian economy and simultaneously promote safe shopping…
  • Post Covid, organized retail will grow as it provides hygiene and safety to visitors: Mall developers
    13 May 2020, Realtynmore.com
    Speaking at a webinar ‘COVID 19 — Retail Tales’, aimed to discuss the strategies to overcome the crisis which has gloomed the booming retail sector in the country, realty experts felt that commercial segment will get impacted in the short term but in long term things will come back to normal.Mohit Goel, CEO, Omaxe Ltd, said, “After Covid -19 organized retail will be much more preferred as against the local shopping areas which are crowded. Earlier people used to go back to next door crowded shopping areas but now things will change as people would look for places…
  • Malls better placed to ensure safe shopping, boost consumption: Retail association
    12 May 2020, Thenewsminute.com
    Even as the Ministry of Home Affairs has allowed standalone shops to operate across the country, malls continue to be shut. Malls, which have been associated with shopping and family outings, especially in metros, provides livelihood to over 12,000,000 people, directly and indirectly…
  • Opening shopping malls can reboot the Indian economy, promote safe shopping
    12 May 2020, Uniindia.com
    Regarded through the ages as an economy where agriculture has served as its backbone, India is today compelled to reconcile with its nerve center – the retail sector and the second largest employer in the country. Employing over 46 million Indians, the paralysis of the sector on account of the Covid-19 pandemic in turn threatens the 250 million livelihoods that it sustains. According to the Shopping Centers Association of India (SCAI), “The shopping center industry provides livelihood to over 12,000,000 citizens, directly and indirectly. Not only is it vital to organized retail in driving key sub-sectors like Entertainment…
  • SCAI urges govt. to reopen malls under strict norms
    12 May 2020, Thehindu.com
    The Shopping Centers Association of India (SCAI), has urged the government to allow the reopening of malls under strict health and hygiene guidelines. It said the opening of shopping malls can reboot the Indian economy and promote safe shopping. It said the shopping center industry, which provides livelihood to over 12,000,000 citizens, directly and indirectly, is vital in driving key sub-sectors like entertainment, fashion, electronics, FMCG, services, cinema and food and beverages. It said the industry is far better equipped to ensure that public health-related measures are prioritized and uniformly implemented. “Shopping malls enable diversity and safety in shopping by offering a range of…
  • Talking shop: Delhi malls brace for business unusual
    12 May 2020, Retail.economictimes.indiatimes.com
    While most mall operators pin their hopes on things looking up by Diwali and business as usual from Christmas onwards, they also say they can only defer the rent payment because they have not got waivers from banks or authorities on the interests for loans taken during construction of their properties. Watching a movie, leisurely hops from one brand showroom to another, grabbing a bite at a food court, even a fine-dining experience, all in the comfort of an air-conditioned space — the very factors that made malls the buzzing spots may be the reasons why they may now…
  • Coronavirus update: Switzerland enters 2nd phase of easing COVID-19 measures
    12 May 2020, Freepressjournal.in
    In accordance with the decision of the Swiss Federal Council, restaurants, shopping malls, markets, museums and libraries were allowed to reopen from Monday, reports Xinhua news agency. Switzerland enters 2nd phase of easing COVID-19 measures Bern: Switzerland has entered the second phase of relaxation measures as part of a three-phase plan to get back to normal life amid the COVID-19 pandemic. In accordance with the decision of the Swiss Federal Council, restaurants, shopping malls, markets, museums and libraries were allowed to reopen from Monday, reports Xinhua news agency. However, according to the government rules, with the exception…
  • Coronavirus: New Zealand to reopen malls, cafes from Thursday as lockdown curbs ease
    11 May 2020, Indiatoday.in
    New Zealand Prime Minister Jacinda Ardern said the move to “level 2” restrictions will mean retail, restaurants and other public spaces including playgrounds can reopen from Thursday. New Zealand businesses including malls, cinemas, cafes and gyms will be allowed to reopen from Thursday as tight restrictions put in place to stop the spread of the coronavirus were further eased on Monday. The Pacific nation was locked down for more than a month under “level 4” restrictions that were eased by a notch late last month. It has continued to enforce strict social measures on many of its citizens and businesses, helping prevent widespread…
  • Some malls offer relief on rents, others wait for clarity
    12 May 2020, Timesofindia.indiatimes.com
    Bengaluru: About 54% of consumers are expected to cut spends in malls largely to avoid crowds while boosting spends on channels like e-commerce, said a report from Boston Consulting Group (BCG). Up to 35% consumers said they would increase spending through e-commerce, the highest compared to other retail formats. This is an indication of e-commerce emerging as the preferred way of shopping for consumers in a post-Covid-19 world and retail outlets in shopping malls would be the worst hit in the near term…
  • E-comm to gain as malls suffer: Report
    11 May 2020, Livemint.com
    Most mall developers are yet to concede requests for rental waivers and income sharing made by retailers who have not been able to do any business because of the curbs in place to fight covid-19, and any resolution is likely only towards the end of the lockdown. “Things are getting sorted out as both (groups) understand that they are two sides of the same coin,” said Amitabh Taneja, chairman of the Shopping Centres Association of India (SCAI), a forum for mall developers…
  • Coronavirus lockdown | Mall owners say one-size-fits-all approach for rent waiver may not work
    08 May 2020, Moneycontrol.com
    Waiting for malls to reopen to renegotiate rentals. Since every tenant is different, there is a need for a mix of partial waiver, waiver of minimum guarantee, renegotiated rates and revenue sharing arrangements to mitigate business lossThe real estate segment is likely to experience maximum pain in the retail sector with the country under lockdown now for nearly 45 days…
  • Govt Mulls Letting Malls, Cinema Halls, Retail Shops Open At Night In Green Zones
    08 May 2020, Odishabytes.com
    With a view to restart different businesses in stages, the Central government has started discussions to allow malls, cinema halls and local retail stores to open at night in Green zones. According to a report, the government feels crucial restrictions like social-distancing norms can be followed in such cases if the number of people is restricted…
  • Shopping centres body seeks reopening of malls
    08 May 2020, Smetimes.in
    The Shopping Centres Association of India (SCAI) on Wednesday asked Punjab and Haryana governments and the Chandigarh administration to set standard operating procedures and guidelines for the reopening of malls in the region.In a representation, the SCAI said the ability of shopping centres to enforce protocols is far more efficient than many others who have benefited from the relaxation.While preparing the standard operating procedures, the SCAI has held several consultations with the captains of the industry as well as adopted global best practices to ensure that the spread of Covid-19 is contained…
  • Shopping Centres Reinvent Themselves in COVID Times: Present SOPs to Govt to Allow Them to Re-Open Premises
    07 May 2020, Indiaretailing.com
    In a late night order on Friday, April 24, 2020, the government had allowed opening of shops as part of the easing down of lockdown restrictions announced on April 15 with neighbourhood shops and others being to re-open allowed within the city. Shops were allowed outside the city limits – except those in malls – with 50 per cent workforce while wearing of masks has been made compulsory…
  • How to keep the morale of retail personnel buoyed up in times of COVID-19
    07 May 2020, Indiaretailing.com
    The COVID-19 crisis is proving to be a test for businesses with the government announcing a complete nationwide lockdown. While it is hard to predict what the ultimate economic impact of this crisis will be, retail businesses will have to safeguard themselves on three key parameters – disrupted supply chain, delayed or unfulfilled customer orders and safeguarding internal stakeholders…
  • Bengal’s retail and hospitality sectors plan new models to sidestep Covid-19 crisis
    07 May 2020, Hindustantimes.com
    The retail sector and hospitality industries which have been badly hit during the lockdown are keen to resume business with safeguards against the Covid-19 pandemic. With business virtually at standstill, retail and hospitality industries have planned new models to keep going in a controlled environment during and after the lockdown to check the spread of coronavirus. The Shopping Centres Association of India (SCAI) has prepared a standard operating procedure (SOP) and approached the administrations in several states, including West Bengal, seeking resumption of operation with limited manpower and restricted entry of shoppers…
  • Mall operators hurting, but divided over rental waivers
    07 May 2020, Retail.economictimes.indiatimes.com
    Large operators of malls such as Xander-backed Virtuous Retail, Select Group, Phoenix Group and Blackstone-backed Nexus have not waived rentals for their tenants.Bengaluru: Builders and global private equity players with a large portfolio of malls in India say it is not financially feasible to waive rentals for long as they have to meet their interest and other liabilities.Large operators of malls such as Xander-backed Virtuous Retail, Select Group, Phoenix Group and Blackstone-backed Nexus have not waived rentals for their tenants.But others such as Brigade Group and Prestige Group have offered a three-month moratorium on rents.“With a large fixed expense base…
  • SCAI says malls’ reopening key to survival, comes up with SOPs
    07 May 2020, Newkerala.com
    Shopping Centres Association of India’s (SCAI) Chairman Amitabh Taneja has said that reopening of malls and shopping centres is the immediate need for the sector to survive the financial stress brought upon by the coronavirus pandemic and the nationwide lockdown.Speaking to IANS, Taneja said that the reopening needs to come at least by the end of May, and other relief including the extension of the loan repayment moratorium would have to follow.The industry body has also come up with a detailed document with its proposed Standard Operating Procedures (SOP) including restricted timing and social distancing norms such as one customer…
  • Reopening of malls will reduce chances of conflict with retailers over rent: official
    07 May 2020, Outlookindia.com
    After standalone shops are allowed to reopen in the lockdown 3.0, shopping mall owners have sought permission from the government to resume operations, and this may reduce the possibility of a conflict between them and retailers over rent, officials said.All major retailers of shopping malls recently sought waivers and relaxation in rentals in the wake of losses because of the Covid-19 triggered lockdown.”Retailers are in favour of enforcing the force majeure clause, to which mall owners objected and the matter may get dragged to court,” a mall management executive told PTI, declining to be quoted…
  • Reopening of malls will reduce chances of conflict with retailers over rent: official
    07 May 2020, Business-standard.com
    After standalone shops are allowed to reopen in the lockdown 3.0, shopping mall owners have sought permission from the government to resume operations, and this may reduce the possibility of a conflict between them and retailers over rent, officials said.All major retailers of shopping malls recently sought waivers and relaxation in rentals in the wake of losses because of the Covid-19 triggered lockdown.”Retailers are in favour of enforcing the force majeure clause, to which mall owners objected and the matter may get dragged to court,” a mall management executive told PTI, declining to be quoted…
  • Reopening of malls will reduce chances of conflict with retailers over rent: official
    07 May 2020, In.finance.yahoo.com
    After standalone shops are allowed to reopen in the lockdown 3.0, shopping mall owners have sought permission from the government to resume operations, and this may reduce the possibility of a conflict between them and retailers over rent, officials said.All major retailers of shopping malls recently sought waivers and relaxation in rentals in the wake of losses because of the Covid-19 triggered lockdown.”Retailers are in favour of enforcing the force majeure clause, to which mall owners objected and the matter may get dragged to court,” a mall management executive told PTI, declining to be quoted…
  • Reopening of malls will reduce chances of conflict with retailers over rent: official
    07 May 2020, Latestly.com
    After standalone shops are allowed to reopen in the lockdown 3.0, shopping mall owners have sought permission from the government to resume operations, and this may reduce the possibility of a conflict between them and retailers over rent, officials said.All major retailers of shopping malls recently sought waivers and relaxation in rentals in the wake of losses because of the Covid-19 triggered lockdown.”Retailers are in favour of enforcing the force majeure clause, to which mall owners objected and the matter may get dragged to court,” a mall management executive told PTI, declining to be quoted…
  • Reopening of malls will reduce chances of conflict with retailers over rent: official
    07 May 2020, Devdiscourse.com
    After standalone shops are allowed to reopen in the lockdown 3.0, shopping mall owners have sought permission from the government to resume operations, and this may reduce the possibility of a conflict between them and retailers over rent, officials said.All major retailers of shopping malls recently sought waivers and relaxation in rentals in the wake of losses because of the Covid-19 triggered lockdown.”Retailers are in favour of enforcing the force majeure clause, to which mall owners objected and the matter may get dragged to court,” a mall management executive told PTI, declining to be quoted…
  • Frontpage Mall owners plead for consent to reopen
    07 May 2020, Dailyhunt.in
    Mall owners are pleading with the Centre and state governments to let them reopen the establishments as the cost of prolonged closure weighs heavy on retailers, developers and tens of thousands of people employed in the sector.Developers have written to the Prime Minister’s Office, Union home ministry and chief ministers seeking permission to open malls for at least limited time. The managements are ready to follow all hygiene protocols and run truncated operations.”While we recognise the need for a gradual opening of economic activities, it is equally important to emphasise that malls are better equipped to provide a safe and…
  • SCAI says malls’ reopening key to survival, comes up with SOPs
    07 May 2020, News.webindia123.com
    Shopping Centres Association of India’s (SCAI) Chairman Amitabh Taneja has said that reopening of malls and shopping centres is the immediate need for the sector to survive the financial stress brought upon by the coronavirus pandemic and the nationwide lockdown.Speaking to IANS, Taneja said that the reopening needs to come at least by the end of May, and other relief including the extension of the loan repayment moratorium would have to follow.The industry body has also come up with a detailed document with its proposed Standard Operating Procedures (SOP) including restricted timing and social distancing norms such as one customer…
  • SCAI says malls’ reopening key to survival, comes up with SOPs
    07 May 2020, Netindia123.com
    Shopping Centres Association of India’s (SCAI) Chairman Amitabh Taneja has said that reopening of malls and shopping centres is the immediate need for the sector to survive the financial stress brought upon by the coronavirus pandemic and the nationwide lockdown.Speaking to IANS, Taneja said that the reopening needs to come at least by the end of May, and other relief including the extension of the loan repayment moratorium would have to follow.The industry body has also come up with a detailed document with its proposed Standard Operating Procedures (SOP) including restricted timing and social distancing norms such as one customer…
  • SCAI says malls’ reopening key to survival, comes up with SOPs
    07 May 2020, Investmentguruindia.com
    Shopping Centres Association of India’s (SCAI) Chairman Amitabh Taneja has said that reopening of malls and shopping centres is the immediate need for the sector to survive the financial stress brought upon by the coronavirus pandemic and the nationwide lockdown.Speaking to IANS, Taneja said that the reopening needs to come at least by the end of May, and other relief including the extension of the loan repayment moratorium would have to follow.The industry body has also come up with a detailed document with its proposed Standard Operating Procedures (SOP) including restricted timing and social distancing norms such as one customer…
  • SCAI says malls’ reopening key to survival, comes up with SOPs
    07 May 2020, Sify.com
    Shopping Centres Association of India’s (SCAI) Chairman Amitabh Taneja has said that reopening of malls and shopping centres is the immediate need for the sector to survive the financial stress brought upon by the coronavirus pandemic and the nationwide lockdown.Speaking to IANS, Taneja said that the reopening needs to come at least by the end of May, and other relief including the extension of the loan repayment moratorium would have to follow.The industry body has also come up with a detailed document with its proposed Standard Operating Procedures (SOP) including restricted timing and social distancing norms such as one customer…
  • Shopping centres body seeks reopening of malls
    07 May 2020, Sify.com
    The Shopping Centres Association of India (SCAI) on Wednesday asked Punjab and Haryana governments and the Chandigarh administration to set standard operating procedures and guidelines for the reopening of malls in the region.In a representation, the SCAI said the ability of shopping centres to enforce protocols is far more efficient than many others who have benefited from the relaxation.While preparing the standard operating procedures, the SCAI has held several consultations with the captains of the industry as well as adopted global best practices to ensure that the spread of…
  • Shopping centres body seeks reopening of malls
    07 May 2020, Newkerala.com
    The Shopping Centres Association of India (SCAI) on Wednesday asked Punjab and Haryana governments and the Chandigarh administration to set standard operating procedures and guidelines for the reopening of malls in the region.In a representation, the SCAI said the ability of shopping centres to enforce protocols is far more efficient than many others who have benefited from the relaxation.While preparing the standard operating procedures, the SCAI has held several consultations with the captains of the industry as well as adopted global best practices to ensure that the spread of…
  • Industry News Shopping centres body seeks reopening of malls
    07 May 2020, Dailyhunt.in
    In a representation, the SCAI said the ability of shopping centres to enforce protocols is far more efficient than many others who have benefited from the relaxation.While preparing the standard operating procedures, the SCAI has held several consultations with the captains of the industry as well as adopted global best practices to ensure that the spread of Covid-19 is contained.SCAI Chairman Amitabh Taneja said in a statement: “The SCAI has been advocating the need for concerted support from the government and financial institutions towards the survival and long-term sustainability of organised retail trade in India.””As an industry, we are responsible…
  • It is not financially feasible to waive rentals for long: Builders and global private equity players
    07 May 2020, Realtynxt.com
    But some operators such as Brigade Group and Prestige Group have offered a three-month moratorium on rents.Builders and global private equity players with large portfolio of malls in India say it is not financially feasible for them to waive rentals for long as they have to meet their interest and other liabilities. Large operators of malls such as Xander-backed Virtuous Retail, Select Group, Phoenix Group and Blackstone-backed Nexus have not waived rentals for their tenants. But some operators such as Brigade Group and Prestige Group have offered a three-month moratorium on rents.“ “With a large fixed expense base and financial commitments to lenders…
  • Coronavirus lockdown | Malls, cinema halls may open in green zones: Report
    07 May 2020, Moneycontrol.com
    Malls, cinema halls and retail stores are closed during the nationwide lockdown, which began on March 25. The Centre is considering the option of opening malls, cinema halls and local retail stores in green zones at night during the nationwide lockdown.The Ministry of Home Affairs (MHA) might issue an advisory after an approval by the health ministry, according to a report by The Economic Times. Moneycontrol could not independently verify the story. CloseMalls, cinema halls and retail stores were closed during the nationwide lockdown to contain the spread of COVID-19. The lockdown began on March 25 and is scheduled to be lifted in May…
  • Footpath can be completed
    07 May 2020, Timesofindia.indiatimes.com
    The road from Forum mall to Rain Tree Park has plans of beautiful footpaths on both sides.But both sides it is abandoned in incomplete state due to some influential vested interests.The footpath in the picture, on the Rain Tree Park side was completed only in patches, as Parsavanath developers was constructing a commercial complex right opposite Forum mall. They didn’t allow footpath in front of their site and GHMC meekly submitted to their undue demand compromising public interest.Due to lockdown, the construction is not happening now. I request KTR to instruct GHMC to complete these footpaths, during this lockdown…
  • Malls, high street stare at 20% vacant space
    07 May 2020, Realty.economictimes.indiatimes.com
    Malls and high streets could be staring at 15-20% of vacant real estate space as many retailers are looking to shut unprofitable stores due to cash crunch on account of Covid-19, senior retail and real estate executives said.With new and stringent standard operating protocols (SOPs) in place, operating costs of retailers are expected to go up by 30%. “Rent accounts for 10-15% of overall fixed costs for us. New sanitation norms…
  • Malls submit SOP to West Bengal CM for nod to resume operations
    07 May 2020, Timesofindia.indiatimes.com
    Managements of malls and shopping centres in Kolkata have laid out an elaborate SOP before CM Mamata Banerjee and pitched for them to resume operations in a calibrated manner. The document has also been submitted to the Union home ministry by the Shopping Centres Association of India (SCAI), the apex body of malls and shopping complexes in the country…
  • Mall owners plead for consent to reopen
    07 May 2020, Telegraphindia.com
    Developers have written to the Prime Minister’s Office, Union home ministry and chief ministers seeking permission to open malls for at least limited time. The managements are ready to follow all hygiene protocols and run truncated operations…
  • Chandigarh: Shopping malls body seeks phase-wise opening
    07 May 2020, Indianexpress.com
    The SCAI sought intervention of the government to support the shopping center industry and protect the livelihood of 12 million people as the fate of organised retail remains uncertain amid the COVID-19 lockdown.The Shopping Centers Association of India (SCAI) Wednesday reached out to the governments of Punjab, Haryana and the Chandigarh Administration with a set of standard operating procedures and guidelines for reopening of malls in the two states and the Uninn Territory…
  • Shopping Centres reach out to Bengal Government, CM Office for phased-opening
    06 May 2020, Uniindia.com
    Amidst the absolute uncertainty and little respite coming from the government to provide relaxation to the shopping centres industry, the Shopping Centres Association of India (SCAI) has reached out to the State Government including the West Bengal Chief Minister Mamata Banerjee’s office and other relevant officials in the state with a set of SOPs and guidelines for the reopening of Malls in the country.SCAI has asserted and collectively with industry captains, endorsed the ability of shopping centres to enforce protocols in a far more efficient manner than many others who have benefited from the relaxation…
  • Shopping centres body moves HC for reopening of malls
    06 May 2020, Ianslive.in
    The Shopping Centres Association of India (SCAI) on Wednesday asked Punjab and Haryana governments and the Chandigarh administration to set standard operating procedures and guidelines for the reopening of malls in the region.In a representation, the SCAI said the ability of shopping centres to enforce protocols is far more efficient than many others who have benefited from the relaxation.While preparing the standard operating procedures, the SCAI has held several consultations with the captains of the industry as well as adopted global best practices to ensure that the spread of Covid-19 is contained…
  • Coronavirus Outbreak: Shopping centers body approaches Punjab, Haryana govts for phased opening of malls; reiterates need for stringent SOPs
    06 May 2020, Firstpost.com
    The Shopping Centers Association of India (SCAI) has reached out to the governments of Punjab, Haryana and Union Territory of Chandigarh with a set of standard operating procedures and guidelines for reopening of malls in the twin states.A representation has also been sent to Chandigarh administrator VP Singh Badnore besides Punjab Chief Minister Amarinder Singh and his Haryana counterpart Manohar Lal Khattar, a SCAI release said here on Wednesday…
  • SCAI says malls”reopening key to survival, comes up with SOPs
    06 May 2020, Outlookindia.com
    Shopping Centres Association of India”s (SCAI) Chairman Amitabh Taneja has said that reopening of malls and shopping centres is the immediate need for the sector to survive the financial stress brought upon by the coronavirus pandemic and the nationwide lockdown.Speaking to IANS, Taneja said that the reopening needs to come at least by the end of May, and other relief including the extension of the loan repayment moratorium would have to follow…
  • Shopping centers association approaches Punjab, Haryana govts for phased opening of malls
    06 May 2020, Outlookindia.com
    The Shopping Centers Association of India (SCAI) has reached out to the governments of Punjab, Haryana and Union Territory of Chandigarh with a set of standard operating procedures and guidelines for reopening of malls in the twin states.A representation has also been sent to Chandigarh Administrator V P Singh Badnore besides Punjab Chief minister Amarinder Singh and his Haryana counterpart Manohar Lal Khattar, a SCAI release said here on Wednesday…
  • Shopping centres body moves HC for reopening of malls
    06 May 2020, Outlookindia.com
    Shopping centres body moves HC for reopening of mallsChandigarh, May 6 (IANS) The Shopping Centres Association of India (SCAI) on Wednesday asked Punjab and Haryana governments and the Chandigarh administration to set standard operating procedures and guidelines for the reopening of malls in the region…
  • Business Coronavirus Outbreak: Shopping centers body approaches Punjab, Haryana govts for phased opening of malls; reiterates need for stringent SOPs
    06 May 2020, Dailyhunt.in
    The Shopping Centers Association of India (SCAI) has reached out to the governments of Punjab, Haryana and Union Territory of Chandigarh with a set of standard operating procedures and guidelines for reopening of malls in the twin states.Representational image ReutersA representation has also been sent to Chandigarh administrator VP Singh Badnore besides Punjab Chief Minister Amarinder Singh and his Haryana counterpart Manohar Lal Khattar, a SCAI release said here on Wednesday…
  • Shopping centres body moves HC for reopening of malls
    06 May 2020, Dailyhunt.in
    The Shopping Centres Association of India (SCAI) on Wednesday asked Punjab and Haryana governments and the Chandigarh administration to set standard operating procedures and guidelines for the reopening of malls in the region…
  • Shopping centres body seeks reopening of malls (LD)
    06 May 2020, Bhaskarlive.in
    The Shopping Centres Association of India (SCAI) on Wednesday asked Punjab and Haryana governments and the Chandigarh administration to set standard operating procedures and guidelines for the reopening of malls in the region. In a representation, the SCAI said the ability of shopping centres to enforce protocols is far more efficient than many others who have benefited from the relaxation…
  • Shopping centers association approaches Punjab, Haryana govts for phased opening of malls
    06 May 2020, Devdiscourse.com
    The Shopping Centers Association of India (SCAI) has reached out to the governments of Punjab, Haryana and Union Territory of Chandigarh with a setof standard operating procedures and guidelines for reopening of malls in the twin states. A representation has also been sent to Chandigarh Administrator V P Singh Badnore besidesPunjab Chief minister Amarinder Singh and his Haryana counterpart Manohar Lal Khattar, a SCAI release said here on Wednesday.The SCAI has endorsed the ability of shopping centers to enforce protocols in a “far more efficient manner” than many others who have benefited from the relaxation, the release said…
  • Shopping centres body moves HC for reopening of malls
    06 May 2020, Socialnews.xyz
    The Shopping Centres Association of India (SCAI) on Wednesday asked Punjab and Haryana governments and the Chandigarh administration to set standard operating procedures and guidelines for the reopening of malls in the region. In a representation, the SCAI said the ability of shopping centres to enforce protocols is far more efficient than many others who have benefited from the relaxation…
  • Shopping centres body moves HC for reopening of malls
    06 May 2020, Morungexpress.com
    The Shopping Centres Association of India (SCAI) on Wednesday asked Punjab and Haryana governments and the Chandigarh administration to set standard operating procedures and guidelines for the reopening of malls in the region. In a representation, the SCAI said the ability of shopping centres to enforce protocols is far more efficient than many others who have benefited from the relaxation…
  • Shopping centres body moves HC for reopening of malls
    06 May 2020, Dailyworld.in
    The Shopping Centres Association of India (SCAI) on Wednesday asked Punjab and Haryana governments and the Chandigarh administration to set standard operating procedures and guidelines for the reopening of malls in the region. In a representation, the SCAI said the ability of shopping centres to enforce protocols is far more efficient than many others who have benefited from the relaxation…
  • Shopping centres body moves HC for reopening of malls
    06 May 2020, Prokerala.com
    The Shopping Centres Association of India (SCAI) on Wednesday asked Punjab and Haryana governments and the Chandigarh administration to set standard operating procedures and guidelines for the reopening of malls in the region. In a representation, the SCAI said the ability of shopping centres to enforce protocols is far more efficient than many others who have benefited from the relaxation…
  • Shopping centres body moves HC for reopening of malls
    06 May 2020, Daijiworld.com
    The Shopping Centres Association of India (SCAI) on Wednesday asked Punjab and Haryana governments and the Chandigarh administration to set standard operating procedures and guidelines for the reopening of malls in the region. In a representation, the SCAI said the ability of shopping centres to enforce protocols is far more efficient than many others who have benefited from the relaxation…
  • Shopping centres body moves HC for reopening of malls
    06 May 2020, Indiaupdates.in
    The Shopping Centres Association of India (SCAI) on Wednesday asked Punjab and Haryana governments and the Chandigarh administration to set standard operating procedures and guidelines for the reopening of malls in the region. In a representation, the SCAI said the ability of shopping centres to enforce protocols is far more efficient than many others who have benefited from the relaxation…
  • Shopping centres body moves HC for reopening of malls
    06 May 2020, Forevernews.in
    The Shopping Centres Association of India (SCAI) on Wednesday asked Punjab and Haryana governments and the Chandigarh administration to set standard operating procedures and guidelines for the reopening of malls in the region. In a representation, the SCAI said the ability of shopping centres to enforce protocols is far more efficient than many others who have benefited from the relaxation…
  • Shopping centres body moves HC for reopening of malls
    06 May 2020, Netindia123.com
    The Shopping Centres Association of India (SCAI) on Wednesday asked Punjab and Haryana governments and the Chandigarh administration to set standard operating procedures and guidelines for the reopening of malls in the region. In a representation, the SCAI said the ability of shopping centres to enforce protocols is far more efficient than many others who have benefited from the relaxation…
  • Shopping centres body moves HC for reopening of malls
    06 May 2020, News.webindia123.com
    The Shopping Centres Association of India (SCAI) on Wednesday asked Punjab and Haryana governments and the Chandigarh administration to set standard operating procedures and guidelines for the reopening of malls in the region. In a representation, the SCAI said the ability of shopping centres to enforce protocols is far more efficient than many others who have benefited from the relaxation…
  • SCAI says malls’ reopening key to survival, comes up with SOPs
    06 May 2020, Npnews24.com
    Shopping Centres Association of India’s (SCAI) Chairman Amitabh Taneja has said that reopening of malls and shopping centres is the immediate need for the sector to survive the financial stress brought upon by the coronavirus pandemic and the nationwide lockdown.Speaking to IANS, Taneja said that the reopening needs to come at least by the end of May, and other relief including the extension of the loan repayment moratorium would have to follow…
  • Shopping centres body seeks reopening of malls (LD)
    06 May 2020, Twistarticle.com
    The Shopping Centres Association of India (SCAI) on Wednesday asked Punjab and Haryana governments and the Chandigarh administration to set standard operating procedures and guidelines for the reopening of malls in the region…
  • Shopping centres body seeks reopening of malls
    06 May 2020, Ythisnews.com
    The Shopping Centres Association of India (SCAI) on Wednesday asked Punjab and Haryana governments and the Chandigarh administration to set standard operating procedures and guidelines for the reopening of malls in the region…
  • SCAI requested Haryana and Punjab governments for better SOPs
    06 May 2020, Wionews.com
    The Shopping Centers Association of India (SCAI) has requested governments twin states, Punjab and Haryana to ease down the restrictions of opening shops in the two states…
  • Shopping Centres Body Urges Punjab, Haryana to Issue SOP For Reopening of Malls
    06 May 2020, India.com
    The Shopping Centres Association of India (SCAI) on Wednesday asked Punjab and Haryana governments and the Chandigarh administration to set standard operating procedures and guidelines for the reopening of malls in the region…
  • Fear and loathing inshopping malls – the owners call for help in the fight for survival from the coronavirus crash
    06 May 2020, Businessinsider.in
    Malls in India continue to stay shut even in Lockdown 3.0 , which is drilling a deep hole into the pockets of retailers and owners. In a recent online session by the Shopping Center Association of India (SCAI), industry leaders called for malls to reopen in at least green zones. Experts suggested that malls should open up but in a measured manner and with precautions – food courts can have alternate seating tables, coffee shops should open with half occupancy etc…
  • Singapore’s Mustafa Centre re-opens partially after coronavirus disinfection
    06 May 2020, Business-standard.com
    Singapore’s Indian-origin megamall Mustafa Centre reopened its supermarket on Wednesday, more than a month after it was closed due to the COVID-19 outbreak.Singapore has a total of 20,198 coronavirus cases with 18 deaths so far. A total of 124 coronavirus cases have been linked to the popular mall as of May 3, reported Channel News Asia…
  • Retail malls most exposed segment amid lockdown: Ind-Ra
    06 May 2020, Indiainfoline.com
    India is under lockdown since March 25, 2020, to tackle rising Covid-19 cases.India Ratings believe that retail malls in the real estate segment would be most impacted amid COVID-lockdown.India is under lockdown since March 25, 2020, to tackle rising Covid-19 cases.In the first three weeks of the lockdown, Ind-Ra states that retail malls would be the most exposed segment, and the lingering effect retail malls would have on the economic growth and discretionary consumption in the next one to two years…
  • Shopping centers association approaches Punjab, Haryana govts for phased opening of malls
    06 May 2020, Business-standard.com
    The Shopping Centers Association of India (SCAI) has reached out to the governments of Punjab, Haryana and Union Territory of Chandigarh with a set of standard operating procedures and guidelines for reopening of malls in the twin states…
  • Open malls in 3 phases, multiplexes to come last: Malls body
    05 May 2020, Timesofindia.indiatimes.com
    Malls, as and when allowed to become operational, should open in three phases with the first phase including supermarket, infant’s clothing, electronics and salon, the Shopping Centers Association of India (SCAI) has proposed. In the second phase, it proposes food courts being opened. Multiplexes should be the last, it says…
  • Open malls, shopping centres in phase manner, traders to Maharashtra to CM
    05 May 2020, Punekarnews.in
    Amidst the absolute uncertainty and little respite coming from the government to provide relaxation to the shopping centresindustry, the Shopping Centres Association of India (SCAI) has reached out to the State Government including the Maharashtra Chief Minister Uddhav Thackeray’s office and other relevant officials in the state with a set of SOPs and guidelines for the reopening of Malls in the country…
  • Commercial space owners brace for pandemic impact
    05 May 2020, Dtnext.in
    Prashant Thakur, Director and Head – Research, Anarock Property Consultants, said it was too early to judge the impact on office space rentals in Chennai. “Long-term implications on office spaces will depend on how long COVID-19 continues to impact the world, including India.”…
  • B’desh shopping malls to reopen ahead of Eid
    05 May 2020, Ianslive.in
    The Bangladesh government has allowed shopping malls to reopen from May 10 amid the COVID-19 pandemic and also laid down a series of conditions for the businesses to operate ahead of Eid-ul-Fitr…
  • SCAI Virtual Roundtable Part II: Retail & Shopping Centres – Confidence Building Measures
    05 May 2020, Indiaretailing.com
    The Shopping Centres Association of India (SCAI), in continuation of its weekly custom webinar series, ‘SCAI Mondays’; organised a second virtual session titled ‘Retail & Shopping Centres: Confidence Building Measures’ on May 4, 2020. The webinar aimed at redressing the unprecedented challenges arising out of COVID-19 pandemic for India’s shopping centre development ecosystem. It focused on the measures of prepping to reopen shopping centres in India…
  • Open malls in 3 phases, multiplexes to come last: Malls body
    05 May 2020, Retail.economictimes.indiatimes.com
    Malls, as and when allowed to become operational, should open in three phases with the first phase including supermarket, infant’s clothing, electronics and salon, the Shopping Centers Association of India (SCAI) has proposed. In the second phase, it proposes food courts being opened. Multiplexes should be the last, it says…
  • Malls providing rebate on rents to retailers
    05 May 2020, Retail.economictimes.indiatimes.com
    If retailers were known for offering flat discounts and buy-now-pay-later options to customers, there’s been a role reversal during the coronavirus era, with malls now offering their tenants the same deals…
  • DRDO develops UV disinfection tower for malls, airports and other crowded placec
    05 May 2020, Timesofindia.indiatimes.com
    Defence Research and Development Organisation (DRDO) has developed an Ultra Violet (UV) Disinfection Tower with an aim to rapidly disinfect high infection prone areas in a chemical free manner.The equipment — called UV blaster — is a UV-based area sanitiser that can be used to disinfect “high-tech surfaces” like electronic equipment, computers and other gadgets in laboratories and offices that are not suitable for disinfection with chemical methods…
  • Retailers being offered rebates on rents
    05 May 2020, Economictimes.indiatimes.com
    Brigade Malls in Bengaluru is extending a 50% rebate on rent to its tenants from mid-March until its two malls reopen. Phoenix High Street Mall in Mumbai is giving retailers the option of paying March-June rents together in July, according to two top retail executives…
  • Viviana Mall beats lockdown by entertaining people daily
    04 May 2020, Indiaretailing.com
    With the entire nation is in a state of lockdown, there is no denial of the fact that all leisure and entertainment activities have come to a full stop. In order to contain the spread of the coronavirus pandemic, all the malls, restaurants and other social gathering places have been shut…
  • RBI holds meeting with banks, may extend moratorium by 90 more days
    03 May 2020, Indiaretailing.com
    On Friday, the government announced that India will now be under lockdown till May 17 with a complete ban on theatres, malls, hotels and bars. Banks have informed the Reserve Bank of India (RBI) that as most of the businesses are not expected to start before the end of the month, they won’t be able to pay the accumulated interest when the present moratorium ends on may 31…
  • New guidelines good start for the economy, says retailers body
    03 May 2020, Retail.economictimes.indiatimes.com
    Terming the new notification by the Centre as a “good start to get the economy moving”, the Retailers Association of India has said it now looks forward to it being adopted by various state governments…
  • Malls are reopening, with masks, social distancing and hand sanitizer-spritzing doormen
    02 May 2020, Washingtonpost.com
    More than a dozen states began emerging from their coronavirus lockdowns, leaving business owners, workers and consumers to decide what normal means now…
  • America’s Retailers Return to Lure Virus-Weary Shoppers to Malls
    02 May 2020, Bloomberg.com
    As some U.S. states lift restrictions on businesses, the next several days are set to bring the biggest collective retail reopening since the coronavirus pandemic shuttered thousands of stores more than a month ago…
  • World’s largest mall re-opens in Dubai but with fever checks and restrictions
    02 May 2020, Indianexpress.com
    Dubai Mall, which is touted as the world’s largest mall, re-opened this week under strict safeguards after being shut down for a month due to the coronavirus pandemic, which has claimed 238,663 lives worldwide so far. Clutching bags from designer boutiques in their gloved hands, customers are back at one of the world’s largest shopping havens after the United Arab Emirates (UAE) started easing Covid-19 restrictions…
  • Only 4% say will visit malls post lockdown: Survey
    02 May 2020, Outlookindia.com
    More than three-fourth or 78 per cent consumers in a survey conducted among a little over thousand people in more than 200 districts want the government to permit e-commerce platforms to deliver all goods beyond essential items…
  • Air, rail, metro & inter-state road movement to remain prohibited: schools, colleges, hotels, restaurants; cinema halls, malls to stay closed
    01 May 2020, Uniindia.com
    Air, rail, metro and inter-state movement by road will remain prohibited during the two-week extension of lockdown. According to the detailed guidelines issued by the MHA, schools, colleges, and other educational and training/ coaching institutions will continue to remain closed during this period…
  • Karnataka plans to open malls and other commercial activities across the state
    01 May 2020, Indiaretailing.com
    The Karnataka government has indicated that it is planning to open shopping malls, a host of commercial and industrial activities across the state, except the containment zones, from May 4…
  • A New Roadmap: How retailers are planning to revive their businesses
    01 May 2020, Indiaretailing.com
    Lockdown 2.0 is almost about to get over. There are clear indications that some pockets will soon open whereas some pockets will continue to remain shut. The retailers in green zone are gearing up to open their stores after getting a go ahead from the government…
  • Covid-19: Karnataka plans to open malls, liquor outlets from May 4
    01 May 2020, Timesofindia.indiatimes.com
    The Karnataka government on Thursday sent out clear indications that it favours reopening most of commercial and industrial activities across the state, barring those in Covid-19 containment zones, from May 4, a day after the extended national lockdown is expected to end…
  • NorthPark Center decides to open as Texas shopping remains a limited experience for now
    30 April 2020, Dallasnews.com
    Retailers and malls in Texas aren’t so sure you’re ready to shop, but Dallas’ NorthPark Center, Grapevine Mills, Garland’s Firewheel Town Center and outlet malls in Allen and Grand Prairie are giving it a try…
  • India Today E-Conclave: What will shopping malls look like post coronavirus
    30 Apr 2020, Indiatoday.in
    The novel coronavirus pandemic has hit the global businesses hard as the restrictive measures and threat of virus transmission is keeping the consumers away from non-essential goods stores…
  • 200 retailers say won’t reopen shops in malls that won’t give rental relief
    30 Apr 2020, Retail.economictimes.indiatimes.com
    Shopping centres in several top cities were shut for weeks even before the national lockdown started on March 25 to stem the spread of the novel coronavirus, and that severely dented their working capitals amid inventory pile-up, they said…
  • Major malls to ignore tenants’ appeal for flat income sharing
    29 Apr 2020, Retail.economictimes.indiatimes.com
    Prominent malls said they will ignore or reject proposals from about 200 retail and restaurant tenants seeking move to a flat revenue-sharing model without payment of common area maintenance charges for nine months from March…
  • Retailers, restaurant owners at loggerheads with mall owners, landlords over rentals amid coronavirus crisis
    29 Apr 2020, Businesstoday.in
    The coronavirus lockdown has brought businesses of retailers, restaurant owners, multiplexes as well as that of mall owners and other institutional landlords to a grinding halt. While the narrative of mall owners and the tenants has been one of collaboration and mutual support during this unusual crisis, there are murmurs of discontent. Several retailers and restaurant owners are unhappy for being billed by their landlords during the months of March and April when their revenue has been zero…
  • Chandigarh: Double whammy for Elante mall store owners, zero revenue and high rents
    28 Apr 2020, Babushahi.com
    With earnings amounting to almost nothing, store owners at Elante Mall in Chandigarh are finding it hard to pay rent and salaries of employees during the national lockdown imposed to combat the COVID-19 pandemic…
  • Financial package demanded for organised retail sector
    28 Apr 2020, Financialexpress.com
    The Shopping Centres Association of India (SCAI) has written to the RBI governor seeking a financial package for the organised retail sector that is reeling under the impact of Covid-19…
  • Strategies For Malls To Engage Shoppers During Uncertain Times
    28 Apr 2020, Timesofindia.indiatimes.com
    The offline retail landscape has never been a static one. But it has perhaps never been as subject to constantly shifting trends and events as it is now, especially with COVID-19 moving from the backdrop to a full-frontal assault on the industry. These unpredictable times are spurring retailers to learn, unlearn, and relearn what retail customer engagement should be in a world of instant, continuous connections. And malls will be part of these transformations…
  • Covid-19 impact: Organised retail sector staring at NPAs worth Rs 25,000 crore; industry sends SOS to PMO, FinMin
    27 Apr 2020, Cnbctv18.com
    The first to shut down and considered to be the last to open back amid Covid-19 outbreak, the organised retail players have together sent a detailed representation to the Prime Minister’s Office, Finance Ministry, RBI, Niti Aayog recently, sharing that close to one crore livelihoods are at stake and a prolonged shut-down could lead to defaults of about Rs 25,000 crore….
  • As malls continue to stay shut, retailers turn to the government for support for rent waivers, GST concessions and more
    27 Apr 2020, Businessinsider.in
    Due to the coronavirus lockdown, life has come to a standstill in India. Malls, theatres and pubs have been shut even before the lockdown was in place in March to practice social distancing…
  • Covid-19 impact: Organised retail sector staring at NPAs worth Rs 25,000 crore; industry sends SOS to PMO, FinMin
    27 Apr 2020, Cnbctv18.com
    The first to shut down and considered to be the last to open back amid Covid-19 outbreak, the organised retail players have together sent a detailed representation to the Prime Minister’s Office, Finance Ministry, RBI, Niti Aayog recently, sharing that close to one crore livelihoods are at stake and a prolonged shut-down could lead to defaults of about Rs 25,000 crore….
  • Earning ‘nothing’, swish mall’s store owners want govt to waive rent
    27 Apr 2020, Indianexpress.com
    WITH UNCERTAINTY staring them in the face, store owners in one of Chandigarh’s biggest shopping malls — Elante Mall — see little hope of business resuming anytime soon…
  • “Malls, Markets To Stay Shut”: Arvind Kejriwal On Centre’s Guidelines
    26 Apr 2020, Ndtv.com
    Malls and markets in Delhi will continue to remain shut and only standalone neighbourhood shops will be allowed to open, Chief Minister Arvind Kejriwal said this afternoon after the central government allowed an ease in the nationwide restrictions over coronavirus in a late-night order on Friday…
  • Malls re-open in Dubai, but rent relief remains limited
    26 Apr 2020, Gulfnews.com
    Retailers at the majority of malls in Dubai, including those at the biggest shopping and leisure destinations, will be getting no rental relief after malls open this week. Their rental clock will start ticking again from the moment the gates open at these malls…
  • Association for staggered opening of shopping centres in green zones
    25 Apr 2020, Thehindu.com
    The Shopping Centre Association of India has written to Prime Minister Narendra Modi requesting for staggered opening of such centres in the green zones to help sustain business and protect employment…
  • Centre Allows Neighbourhood Shops To Open But Malls To Remain Closed
    25 Apr 2020, Outlookindia.com
    In a reprieve to public at large, the government on Friday night allowed opening of neighbourhood and stand alone shops, including those located in residential complexes within municipal areas, but at a 50 per cent strength and after taking necessary precautions…
  • Forum Mall, Kormangala presents Colorama 2019, which goes Online for the Art Lovers
    25 Apr 2020, Indiannewz.com
    Forum Colorama goes online! Send us your kid’s artwork by 27th April 2020 and give them a chance to become the next Super Artist and win some exciting prizes!…
  • Malls urge RBI action on loans to save industry from collapse
    23 Apr 2020, Livemint.com
    Indian malls have urged the Reserve Bank of India’s intervention to defer loan repayment demands from banks with many of the establishments pushed to the brink due to the impact of covid-induced lockdown…
  • Shopping centres’ body seeks moratorium on loan repayments till March 2021
    23 Apr 2020, Retail.economictimes.indiatimes.com
    Shopping centres are heavily impacted by the coronavirus outbreak and the subsequent lockdown which may result in bank loans of over Rs 25,000 crore turning bad, an industry body said on Thursday, seeking relief measures from the Reserve Bank…
  • Shopping centres’ body seeks moratorium on loan repayments till March 2021
    23 Apr 2020, Economictimes.indiatimes.com
    Shopping centres are heavily impacted by the coronavirus outbreak and the subsequent lockdown which may result in bank loans of over Rs 25,000 crore turning bad, an industry body said on Thursday, seeking relief measures from the Reserve Bank…
  • Shopping centres’ body seeks moratorium on loan repayments till March 2021
    23 Apr 2020, Outlookindia.com
    Shopping centres are heavily impacted by the coronavirus outbreak and the subsequent lockdown which may result in bank loans of over Rs 25,000 crore turning bad, an industry body said on Thursday, seeking relief measures from the Reserve Bank…
  • Shopping centres’ body seeks moratorium on loan repayments till March 2021
    23 Apr 2020, In.news.yahoo.com
    Shopping centres are heavily impacted by the coronavirus outbreak and the subsequent lockdown which may result in bank loans of over Rs 25,000 crore turning bad, an industry body said on Thursday, seeking relief measures from the Reserve Bank…
  • Shopping centres’ body seeks moratorium on loan repayments till March 2021
    23 Apr 2020, Devdiscourse.com
    Shopping centres are heavily impacted by the coronavirus outbreak and the subsequent lockdown which may result in bank loans of over Rs 25,000 crore turning bad, an industry body said on Thursday, seeking relief measures from the Reserve Bank.The Shopping Centres Association of India, which claims to be a top enabler of organised retail in the country by representing thousands of shopping centres, has also written to RBI Governor Shaktikanta Das seeking to extend the moratorium on loan payments at least till March 2021 and also loan recasts for the industry players…
  • Shopping centres’ body seeks moratorium on loan repayments till March 2021
    23 Apr 2020, Latestly.com
    Shopping centres are heavily impacted by the coronavirus outbreak and the subsequent lockdown which may result in bank loans of over Rs 25,000 crore turning bad, an industry body said on Thursday, seeking relief measures from the Reserve Bank…
  • Lockdown impact | Winning consumer confidence key: Mall owners
    23 Apr 2020, Moneycontrol.com
    Mall owners on April 21 participated in a webinar to discuss ways on how to deal with operational problems post-lockdown…
  • How malls, movie theatres and restaurants plan to revive post-lockdown
    23 Apr 2020, Thenewsminute.com
    In the lifespan of the coronavirus pandemic so far, it became clear early on that social distancing was the best way to stop the spread of the virus. That meant urban community hang-out spots, like malls, restaurants and movie theatres, were among the first to close their doors…
  • COVID-19: Shopping centres’ body seeks moratorium on loan repayments till March 2021
    23 Apr 2020, Udayavani.com
    Shopping centres are heavily impacted by the coronavirus outbreak and the subsequent lockdown which may result in bank loans of over Rs 25,000 crore turning bad, an industry body said on Thursday, seeking relief measures from the Reserve Bank…
  • Shopping centres’ body seeks moratorium on loan repayments till March 2021
    23 Apr 2020, Business-standard.com
    Shopping centres are heavily impacted by the coronavirus outbreak and the subsequent lockdown which may result in bank loans of over Rs 25,000 crore turning bad, an industry body said on Thursday, seeking relief measures from the Reserve Bank…
  • Mall salesperson tests positive, police search for shoppers
    23 Apr 2020, Timesofindia.indiatimes.com
    PUNE: A salesman testing positive for Covid-19 compelled the civic authorities on Tuesday to seal the mall near Mhatre bridge where he worked and set a daunting task for police to trace all the people who had visited the facility in the past four days…
  • Retailers eye revenue-share pact at malls
    22 Apr 2020, Retail.economictimes.indiatimes.com
    Around 75 retailers that operate 200 brands have written a letter to mall owners, seen by TOI, stating that revenue-share percentage should be a flat percentage depending on the category of stores. They suggested, for instance, revenue-sharing percentage for vanilla brands should be 10-12%, including common area maintenance (CAM), while for fast food brands and large format lifestyle stores, it should be 7-8%…
  • Banks send notices to malls for loan repayment, says report
    22 Apr 2020, Cnbctv18.com
    Leading public sector banks have sent notices to mall owners across the country asking them for loan repayment, reported Business Standard. The notices, that invoke contractual obligations under the lease rental discounting (LRD) facility, come after fears emerged that these accounts might become non-performing assets, the report said…
  • Loans of over Rs. 25,000 crore & a crore jobs at stake as hundreds of shopping centres face closure
    22 Apr 2020, Indiaretailing.com
    The Indian Shopping Centre Industry is reeling under the pressure of repayments to banks, even as revenue streams dry up and no relief seems to be coming from the government amid the coronavirus pandemic that has forced malls across the country to shut down for non-essential items. Since Food, Grocery, pharmacies and restaurants were allowed to operate for takeaways and deliveries for some part of the day, shopping centres housing such stores had to remain functional but at very high cost with additional overheads towards screening, sanitization and maintaining social distancing norms…
  • Fearing NPAs, banks shoot off notices to malls for loan repayment
    22 Apr 2020, Business-standard.com
    Leading public sector banks (PSBs) have shot off letters to shopping mall owners, invoking contractual obligations under the lease rental discounting (LRD) facility for loan repayments…
  • Shopping malls could take up to a year to return to normalcy
    21 Apr 2020, Livemint.com
    Shopping malls, an intrinsic part of urban India, may take up to a year to return to normalcy, and when they do, they are likely to operate in a very different avatar, say mall owners and retailers…
  • On the brink: How a mall owner is coping with the pandemic
    21 Apr 2020, Livemint.com
    Select Citywalk Mall, housing 180 brands, used to get footfalls of close to 55,000 people on weekends before the covid-19 pandemic, which has now come down to 100…
  • Covid-19 Impact: At malls, the last to recover will be cinema and eateries post lockdown
    21 Apr 2020, Retail.economictimes.indiatimes.com
    Cinemas and food & beverage (F&B), the two largest segments that attract footfall at malls will be hit the hardest within discretionary categories post lockdown, said leading companies, retailers and mall owners in a webinar organised by Retailers Association of India…
  • Lockdown 2.0: Malls, eateries press reset button amidst Covid crisis
    21 Apr 2020, Business-standard.com
    Restaurants, malls and multiplex operators will increasingly look at restricted business hours, single shifts and contactless shopping and dining as they plot a road map to recovery once the nationwide lockdown is lifted…
  • Kolkata retailers urge malls to waive rent
    21 Apr 2020, Realtyplusmag.com
    While retailers are relentlessly writing to malls to waive off rentals for the days that they could not operate, malls are unwilling to comply, both quoting different interpretations of the Force Majeure clause, which literally means an act of God…
  • Fearing NPAs, banks shoot off notices to malls for loan repayment
    21 Apr 2020, Smartinvestor.business-standard.com
    Leading public sector banks (PSBs) have shot off letters to shopping mall owners, invoking contractual obligations under the lease rental discounting (LRD) facility for loan repayments…
  • Jefferies consumer survey suggests prolonged pain for retail and travel
    21 Apr 2020, Livemint.com
    It’s fairly evident by now that the covid-19 outbreak will alter consumer behaviour dramatically. For investors, this will also call for a change in the way they look at consumer-related companies and their respective stocks…
  • Titan, Aditya Birla Fashion, other jewellery and retail cos face corona carnage; earnings may fall this much
    21 Apr 2020, Financialexpress.com
    India’s retail sector is among the worst hit due to the coronavirus crisis with impact ringing loud from jewellery to apparels. As many companies are close to announcing their Q4 results, revenue declines in the range of 3-14% are likely across sectors, according to a report by HDFC Securities. “Impact on profitability (EBITDA) will be even higher given the high fixed cost base in business models,” the report said. Jewellery business, for instance, was already under pressure due to higher gold prices. Higher gold prices, coupled with a decline in wedding-based sales due to lockdown, will have a downward effect of 5-15% on jewellery players such as Titan, especially if the lockdown situation persists…
  • Coronavirus: From retailers to e-tailers! global lessons India’s Kirana stores can learn to aid lockdown life
    21 Apr 2020, Businesstoday.in
    On March 24th, the central government ordered a national lockdown for 1.3 billion people. The announcement sent shockwaves across the nation, factories were closed, transportations were stopped, and millions of migrant workers tried to return home…
  • Companies can’t sack employees during lockdown
    21 Apr 2020, Rediff.com
    ‘During the lockdown if you terminate your employee, then you will face action under the NDMA.’ ‘This will be the first time something like this will happen in the history of India.’…
  • SCAI Develops Comprehensive EHS Guidelines (SoPs) For Organised Retail Industry To Contain Spread Of Covid-19
    20 Apr 2020, Nfapost.com
    The Shopping Centres Association of India (SCAI), a NPO (non-profit organisation) has been set up with the vision to engage in, and encourage, the development of the shopping centre industry in India, has welcomed the announcement of the Honourable Prime Minister to extend the lockdown till 3rd May, with the reassurance that the economy will open up gradually after 20th April…
  • Kolkata: Stores, multiplexes urge malls to waive rent during lockdown
    20 Apr 2020, Timesofindia.indiatimes.com
    Operators of largeformat apparel, electronics and home retail stores,vanilla shops, restaurants and food courts have asked mall managements to waive the rent for the lockdown period…
  • SCAI hails govt move to extend lockdown
    14 Apr 2020, Outlookindia.com
    Shopping Centres Association of India (SCAI) on Tuesday hailed the government’s decision to extend lockdown but said malls should be allowed to operate after April 20 in those areas where coronavirus has been contained…
  • SCAI hails govt move to extend lockdown
    14 Apr 2020, Businessinsider.in
    Shopping Centres Association of India (SCAI) on Tuesday hailed the government’s decision to extend lockdown but said malls should be allowed to operate after April 20 in those areas where coronavirus has been contained…
  • SCAI hails govt move to extend lockdown
    14 Apr 2020, Business-standard.com
    Shopping Centres Association of India (SCAI) on Tuesday hailed the government’s decision to extend lockdown but said malls should be allowed to operate after April 20 in those areas where coronavirus has been contained…
  • SCAI hails govt move to extend lockdown
    14 Apr 2020, Devdiscourse.com
    Shopping Centres Association of India (SCAI) on Tuesday hailed the government’s decision to extend lockdown but said malls should be allowed to operate after April 20 in those areas where coronavirus has been contained.SCAI said in a statement that the government should intervene to support the industry and protect 12 million livelihoods that could be at risk as the fate of organised retail remains uncertain…
  • SCAI hails govt move to extend lockdown
    14 Apr 2020, Latestly.com
    Shopping Centres Association of India (SCAI) on Tuesday hailed the government’s decision to extend lockdown but said malls should be allowed to operate after April 20 in those areas where coronavirus has been contained.SCAI said in a statement that the government should intervene to support the industry and protect 12 million livelihoods that could be at risk as the fate of organised retail remains uncertain…
  • Shopping centers will need to invest afresh post lockdown: DLF Shopping Malls
    14 Apr 2020, Livemint.com
    Shopping centres will need to reinvest after the lockdown is lifted to ensure safety norms are adhered to, said Pushpa Bector, executive director of DLF Shopping Malls, and member Shopping Centres Association of India. She spoke to Mint about how the financial challenges for one of the biggest employers has increased amid the nationwide lockdown and social distancing norms…
  • Malls request govt to extend moratorium on bank loan
    14 Apr 2020, Timesofindia.indiatimes.com
    Many of the biggest mall operators in India, including DLF, Nexus Malls and Phoenix, came together on Monday under the umbrella of the Shopping Centre Association of India (SCAI) to urge the RBI and the government to extend the moratorium on payment of bank loans by 9-12 months…
  • Shopping centres seek help from financial institutions
    13 Apr 2020, Livemint.com
    Retailers and mall developers in India have sought government assistance as they fear jobs could be at risk with the authorities set to extend a 21-day nationwide lockdown…
  • Mall operators seek Finance Ministry, IRDA intervention for bleeding business
    12 Apr 2020, Economictimes.indiatimes.com
    Struck hard by the ongoing Covid-19 pandemic, mall owners across the country have knocked on the doors of the finance ministry and Insurance Regulatory Development Authority (IRDA) to get insurance companies to cover business interruption insurance claims to offset losses suffered during the lockdown period…
  • Mall developers wait for clarity as retailers push for modifying rent agreements
    11 Apr 2020, Livemint.com
    Mall developers and retailers are yet to find common ground on negotiating rentals, considering the business uncertainties owing to the countrywide lockdown…
  • Cash flow is the biggest challenge for malls : Mall Owners
    25 March 2020, Retail4Growth.com
    Governments have ordered complete shut-down of shopping centres, malls, multiplexes/cinema halls amid coronavirus scare. Retailers and Malls have already started feeling the heat of the lockdown. A roundup of how the mall owners are reacting to the Covid-19 threat…
  • Retail industry implores govt for respite from COVID-19 impact on biz
    20 March 2020, Indiantelevision.com
    Various state governments have ordered complete shut-down of shopping centres, malls, multiplexes/cinema halls etc. until 31 March 2020, in major metros like Mumbai, Pune, Bengaluru, Chennai, Gurugram and others following suit to arrest the spread of coronavirus…
  • Covid-19: The effect on the shopping centre industry & what it’s doing to curb the impact
    20 March 2020, Indiaretailing.com
    Pursuant to declaration of Covid-19 as a ‘pandemic’ by the World Health Organisation (WHO), Government of India (GOI) has invoked the provisions of Section 2 of the Epidemic Disease Act, 1897 in order to curb its spread. Further, as a precautionary measure, as required to arrest the spread, various state governments have ordered complete shut-down of shopping centres, malls, multiplexes/ cinema halls etc. until March 31, 2020, in major metros like Mumbai, Pune, Bengaluru, Chennai, Gurugram and others following suit…
  • Coronavirus: Retailers seek 3 months grace period for paying statutory dues
    19 March 2020, Outlookindia.com
    Retailers have urged the government to provide a three-month grace period for depositing statutory dues like GST, advance tax, income tax and provident fund as stores and malls are closed in several cities due to the Covid-19 outbreak…
  • Retail industry reaches out to Government for respite from COVID-19 business impact
    20 March 2020, Dailyhunt.in
    “The fact that fears itself is contagious; it becomes a very tricky situation for all. The utmost priority is safety of people”. About measures undertaken by the industry, he says, “Today most of our malls are equipped to handle emergency situations and go through end number of audits and checks. Our members are personally making rounds of operational malls driving special sanitisation and cleanliness programs and ensure that we set benchmarks and assure all stakeholders of our commitment to fight the challenge in hand. We hope that the situation stabilizes and normalcy is restored at the soonest”…
  • Coronavirus: Retailers seek 3 months grace period for paying statutory dues
    19 March 2020, Outlookindia.com
    Retailers have urged the government to provide a three-month grace period for depositing statutory dues like GST, advance tax, income tax and provident fund as stores and malls are closed in several cities due to the Covid-19 outbreak…

SCANNED CLIPPINGS

ONLINE NEWS

  • 40% Indian consumers getting supplies delivered via e-commerce, local shops
    04 July 2020, Business-standard.com
    If this consumer behaviour continues, malls and traditional retailers that rely on sales primarily on store visits will have to change their models and value proposition to cater to this new model. Although Covid-19 lockdown has ended, 40 percent of Indian consumers are still getting a majority of their essential and non-essential supplies home delivered via e-commerce platforms or local stores. The majority of the consumers are ordering via e-commerce and home delivery services to minimize exposure to others and for convenience, according to a new survey by community platform LocalCircles.Consumers were asked how they were buying a majority of their essentials…
  • Dismayed after govt decision to not allow cinemas to open under Unlock 2.0: Multiplex operators
    03 July 2020, Retail.economictimes.indiatimes.com
    Cinemas are the backbone of the film industry accounting nearly 60 percent of the film business and an early decision to allow them to open up will only help the mobilisation of resources in the ecosystem and would lead to gradual resurrection, the Multiplex Association Of India (MAI) said in a statement. New Delhi: Cinema and multiplex operators have expressed dismay over the government’s decision to not allow screens to open in the second phase of unlocking and pointed out that an early decision in this may help mobilize resources in the film industry’s ecosystem. Cinemas are the backbone…
  • Multiplex Association of India sends Govt a letter to allow the Reopening of Theatres
    03 July 2020, Tellychakkar.com
    MUMBAI : While Unlock 1.0 saw the reopening of certain sections after agreeing to follow the guidelines by the government, there is still a no for the multiplexes.So, with the government preparing for Unlock 2.0,, Multiplex Association has requested the government to reopen the theatres and let them function. They believe that they can set an example for crowd control and social distancing measures by taking all necessary precautions. All theatres have been shut down from March 20 due to the lockdown imposed owing to the Coronavirus pandemic. This has led to a 1500 crore business loss for the industry…
  • Malls’ operating income could decline by 45-60% in FY21: ICRA Research
    03 July 2020, Thenewsminute.com
    Malls’ operating income is expected to decline by 45-60% in FY2021, ICRA Research said on Thursday.The COVID-19 outbreak and the subsequent lockdown to curb its spread has devastated the retail industry, excluding e-commerce firms…
  • Malls”operating income could decline 45-60%: ICRA Research
    03 July 2020, Outlookindia.com
    Malls” operating income could decline 45-60%: ICRA ResearchNew Delhi, July 2 (IANS) Malls” operating income is expected to decline by 45-60 percent in FY2021, ICRA Research said on Thursday. The Covid-19 outbreak and the subsequent lockdown to curb its spread has devastated the retail industry, excluding e-commerce firms. According to ICRA Research, mall operators have been significantly impacted due to the closure of operations for around three months.”Over the last few weeks, though malls in some cities have resumed operations, properties in some of the metros and tier-I cities are yet to resume due to the severity of the pandemic in the respective…
  • Prolonged mall closure, rent waivers to impact operators: ICRA
    03 July 2020, Livemint.com
    Prolonged mall closure and rent waivers will test the financial flexibility of mall operators, with operating income to decline by 45-60% in 2020-21, credit rating agency ICRA said. As malls have started opening gradually across cities, the terms between the mall operators and retailers are being revisited where broadly the former are agreeing to let go of the rents between 50% to 100% during the lockdown period…
  • Apparel, restaurants, footwear among retail to take a hit by Covid
    02 July 2020, Outlookindia.com
    Apparel, restaurants, footwear among retail to take a hit by CovidNew Delhi, July 2 (IANS) COVID 19 will have an impact across the board on discretionary categories in the retail sector as limited social interactions and increased WFH trends may hit apparel, quick service restaurants (QSR) and footwear players. According to a report by Ambit Capital, COVID drives multiple uncertainties for the richly valued, high-fixed-cost, metro-centric Retail sector. Change in consumer behaviour and priorities, lower credit availability, and loss of jobs and income cuts would hit low ticket discretionary categories too. Slow demand recovery will aggravate cost pain for companies…
  • Tectonic disruption in the e-commerce and retail space: eBay India
    02 July 2020, Retail.economictimes.indiatimes.com
    “Currently, our focus is purely on B2C cross border business. We would not want to speculate the future or make any statement on plans for e-commerce within India”, Naini said. New Delhi: In an interview with IANS, Vidmay Naini, Country Manager, eBay India said the unprecedented times have called for a tectonic disruption in the e-commerce and retail space. The e-commerce industry has witnessed a huge spike in demand and order volumes. Consumers are seen ordering in things that they would usually buy from a physical store, for example, products in the grocery and personal care category, he added…
  • Allow multiplexes to open in non-containment zones: Industry body to government
    02 July 2020, Thehindubusinessline.com
    The Multiplex Association of India (MAI) on Thursday urged the government to allow the operation of cinemas in non-containment zones. In the latest guidelines issued by the Ministry of Home Affairs, multiplex chains have not been given permission to operate, amid rising Covid-19 cases in the country. Expressing dismay that cinemas and multiplexes continue to remain in the list of the prohibited economic activities, the industry body said: “As compared to the unorganized retail and shops that have been opened up, multiplexes and cinema are part of the organized sector, playing hosts to ‘revenue-paying’ customers only, and hence are in a better position…
  • Multiplex Association of India Demands They Be Given Equal Opportunity To Prove Social Distancing Can Be Maintained and Crowd Control Can Be Implemented (Read Statement)
    02 July 2020, Latestly.com
    After three whole months of being under lockdown, the world is returning back to normal, shoots of films and television included. However, the same is not the case with multiplex owners in the country. The month of June saw the Unlock phase and the following month of July, saw Unlock 2. What has not changed, is that theatre and multiplex owners are still placed under the ‘prohibited activities’ list of the Ministry of Home Affairs. Multiplex And Single-Screen Owners Request Government To Reopen Theatres By June 30, Association Guarantees To Follow Safety Measures In Theatres Across India The Multiplex Association…
  • COVID-19 impact: Mall operators agreed to cut rents by 50-100% during the lockdown period
    02 July 2020, Moneycontrol.com
    Prolonged mall closure, rent waivers to test financial flexibility of mall operators; operating income to decline by 45-60 percent in FY2021: ICRAA few mall operators have announced blanket deals for their retail tenants in their properties that include letting go of rents anywhere between 50 percent to 100 percent during the lockdown period but any prolonged mall closure, rent waivers is expected to lead to operating income of owners declining by 45 to 60 percent, an analysis by ICRA Research has said. The contagion fears, as well as the possible impact on disposable income of the consumers, will also lead…
  • Gurgaon malls reopen, see moderate footfall on day one
    02 July 2020, Retail.economictimes.indiatimes.com
    As per the state government’s guidelines, the Gurgaon malls have adopted a standard operating procedure (SOP) which mandates social distancing, apart from the compulsory use of masks and the Aarogya Setu app. Additionally, children below the age of 10 and senior citizens above 65 are not allowed inside the malls for now. On Wednesday, the malls in Gurgaon opened after a three-month lull. As the nation moved towards #Unlock2, the Haryana state government also permitted the reopening of shopping malls in Faridabad and Gurgaon, the state’s two towns bordering Delhi. On day one, we visited several malls in the Millennium City…
  • Owners urge state govt to allow malls to open again
    02 July 2020, Timesofindia.indiatimes.com
    Pune: Several mall owners from the city have urged the state government to permit them to reopen shopping malls and complexes with all precautions as revenue has completely dried up. The owners made representations to the government after malls were not granted permission to open even in Unlock 2…
  • Gurugram malls reopen, receive slow footfall
    01 July 2020, Tribuneindia.com
    Most popular and crowd-gathering mall, Ambience, also bore a barren looks media Sharma Tribune News ServiceGurugram, July 1After almost four months, the malls in Gurugram reopened on Wednesday. The malls received a lukewarm response despite taking all safety and security measures amid the ongoing pandemic. The malls, even, announced sales post noon, but they received a slow footfall.“We expected a good footfall especially with the youngsters, but have got a lukewarm response. We, even, sent out messages about special offers in our mall after 12:00 pm, but no use. We are hoping for business to pick up by evening,” said one of the malls…
  • Malls and offices invest in setting up anti-microbial treatments
    01 July 2020, Economictimes.indiatimes.com
    The facility management company SIS said that they have been receiving requests for cleaners from hospitals, restaurants, hotels, and corporates with business resuming. The company is offering disinfection assurance through anti-microbial treatment. Malls and offices are now going for anti-microbial treatment which also tells the number of bacteria on the surface before and after the treatment and some are even tying up with hospitals for cleaning in a bid to make employees and customers safe. Facility management companies are investing in the new chemical treatment after the increase in demand from malls and office operators. “We have taken the decision…
  • MP: Shopping malls reopen in Indore with slew of restrictions
    01 July 2020, Indiatvnews.com
    More than three months after downing their shutters during the COVID-19 lockdown, shopping malls in Madhya Pradesh’s Indore district resumed operations on Wednesday, a senior official said.MP: Shopping malls reopen in Indore with a slew of restrictions (Representational Image)More than three months after downing their shutters during the COVID-19 lockdown, shopping malls in Madhya Pradesh’s Indore district resumed operations on Wednesday, a senior official said. Speaking to reporters, district collector Manish Singh said malls were now permitted to remain open between 9 am to 8 pm with precautionary measures in place to prevent the spread of coronavirus.”People over 65 years…
  • Aarogya Setu, masks must as malls to reopen in Gurugram, Faridabad today
    01 July 2020, Hindustantimes.com
    The Haryana government has released a set of Standard Operating Procedure (SOP) as malls in Gurugram and Faridabad districts are all set to reopen on Wednesday after three months amid the coronavirus pandemic…
  • Urban Square committed towards delivering project as per schedule
    01 July 2020, Indiaretailing.com
    Talking about this Uddhav Poddar, MD of Bhumika Group said that “due to lockdown there are many issues like availability of labour and materials. Due to the COVID-19 crisis the Rajasthan Govt has also given a moratorium of 12 months. But we are confident towards delivering the project by March 2021 as per initial RERA timelines committed and all the efforts are being made to achieve this.”…
  • Coronavirus crisis could trigger long-delayed mall consolidation
    01 July 2020, Coresight.com
    As US states relax stay-at-home restrictions, several property owners are reopening malls in a phased manner. This report is the second in our America’s Changing Shopping Centers series…
  • Mall giant Simon says nearly all of its shopping centers have reopened
    30 June 2020, Edition.cnn.com
    The biggest mall owner in America says it’s time to go shopping again.Simon Property Group, which has 204 properties in 37 states, said late Monday that 199 of its shopping centers have reopened — even as concerns grow about a second wave of Covid-19 cases in the United States and a deluge of retail bankruptcies….
  • No More Dressing Rooms: This virtual fitting experience is moving into Brookfield malls
    30 June 2020, Cnbc.com
    Fit:Match is teaming with mall owner Brookfield to open spaces where people can receive a 3D body scan to find their sizes and shop for clothes…
  • Here’s why the biggest U.S. mall owner might want to buy JC Penney
    30 July 2020, Cnbc.com
    The biggest mall owner in the country is considering teaming up with Brookfield Properties and Barneys New York parent company Authentic Brands Group to make a bid for J.C. Penney, a person familiar with the talks told CNBC…
  • Enforcement wing officials of MCG to check violations as malls in Gurugram reopen
    30 July 2020, Hindustantimes.com
    To ensure that safety measures are being followed in the city malls that are slated to open on Wednesday after a gap of over three months, the Municipal Corporation of Gurugram (MCG) has assigned 80 of its enforcement wing officials across its four zones to keep a lookout for possible violations, said officials of the civic body…
  • Chennai mall launches app for some post-lockdown retail therapy
    30 July 2020, Economictimes.indiatimes.com
    Phoenix MarketCity and Palladium, Chennai, has come up with an app to help visitors maintain social distancing, high sanitation standards and personal safety after the lockdown. Nhance helps shoppers find their favourite stores easily and lets them check-in their bags to shop hands-free. Shoppers can earn points on every purchase by scanning their bills and redeem those points to avail personalised discounts on the app. Image credit: The app has been designed for visitors to plan not just their shopping slots but also pre-book their dining slots at restaurants inside the mall. This ensures that the visitor’s time inside…
  • 3 weeks after reopening, shopkeepers in Delhi malls await customers
    29 June 2020, Outlookindia.com
    Even though it has been three weeks since the shopping malls across Delhi were allowed to reopen in the wake of the nationwide lockdown, prospective customers are yet to return to do shopping, with customer footfall as low as 25 percent of the normal…
  • MHA issues guidelines for Unlock 2: Schools, colleges, Metro, cinema halls to remain closed till July 31
    29 June 2020, Uniindia.com
    (UNI) The Ministry of Home Affairs (MHA) issued new guidelines for Unlock 2.0 on late Monday evening, directing the schools, colleges, Metro, and cinema halls to remain closed till July 31. ‘After extensive consultation with the States and UTs, it has been decided that schools, colleges, and coaching institutions will remain closed till July 31, 2020, the new guidelines said. According to the new norms, the Cinema halls, gymnasiums, swimming pools, entertainment parks, theatres, bars, auditoriums, assembly halls and similar places, social, political, sports, entertainment, academic, cultural, religious functions and other large congregations will remain closed till July…
  • AMC Delays Theater Reopenings to July 30, When New Movies Arrive
    29 June 2020, Bloombergquint.com
    AMC Entertainment Holdings Inc., the largest U.S. cinema chain, will start reopening hits theaters on July 30, two weeks later than expected, after Hollywood studios rescheduled nearly every movie that was supposed to come out next month. The chain said Monday it will reopen 450 locations on July 30, and a further 150 the following week. AMC initially planned a July 15 end to its four-month domestic closing, which was so devastating to the company that it warned it might go out of business…
  • Carnival Cinemas “disappointed” after latest announcements of OTT film premieres
    29 June 2020, Outlookindia.com
    Carnival Cinemas “disappointed” after latest announcements of OTT film premiere Mumbai, June 29 (IANS) Monday saw the grand announcement by Disney+ Hotstar that the streaming platform will be premiering seven major Bollywood films over the next few months and, within hours, the Carnival Cinemas group has come out to express “disappointment” with the trend of the digital release of Bollywood films. Without taking names, Carnival Cinemas CEO Mohan Umrotkar said in a statement: “We stand by our previous statement. It is very disappointing that the filmmakers are opting digital-first route when we are just steps away from the theatrical releases with the reopening…
  • How one open-air mall is preparing to drive shoppers back over the summer
    29 June 2020, Modernretail.co
    As malls prepare to welcome back shoppers, the types of experiences that they are willing to step out of the house for has changed. Rather than spending hours rifling through racks of clothing, some shoppers are turning to curbside pickup. Instead of spending a Saturday at the movie theater, they may stop by a restaurant that’s open for outdoor dining. And that means some malls may have to reconfigure their space to make way for new types of attractions…
  • Shopping malls in Gurugram to reopen from July 1, Faridabad to decide on Monday
    29 June 2020, Indiaretailing.com
    The Haryana government has allowed shopping malls in Gurugram and Faridabad to reopen from July 1, more than two months after they were shut to combat the novel coronavirus outbreak…
  • Viviana Mall honours excellence in retail
    29 June 2020, Indiaretailing.com
    Captured on: 28 June 2020
    On the occasion of 7th Anniversary celebrations, Viviana Mall became the first shopping centre to virtually hold annual Retailers Excellence Awards. The awards for the year 2019-2020 was aired live on Friday across mall’s social media platforms….
  • Gurugram, Faridabad malls to reopen from July 1; social distancing, sanitisation focal points
    28 June 2020, Hindustantimes.com
    Malls in Gurugram and Faridabad districts are all set to reopen from July 1 onwards — after a three-month hiatus —a set of Standard Operating Procedure (SOP), released by the Haryana government on Sunday, stated…
  • Covid-19: Shopping malls to re-open in Gurugram and Faridabad from Wednesday
    28 June 2020, Livemint.com
    Captured on: 28 June 2020
    1 min read. Updated: 28 Jun 2020, 03:08 PM IST Edited By J. JagannathShopping malls will re-open in Gurugram and Faridabad districts from 1 July while adhering to the Standard Operating Procedure (SOPs) issued by the Central government, said Haryana Government on Sunday. Municipal Corporation Commissioner of Gurugram on Friday said officers will be appointed to look for violations and in any such case, the district administration will initiate the process to close that particular mall. He also said that even the city parks will be reopened to visitors from 1 July subject to health protocols though there is no plan till…
  • Gurugram: FIR against mall owners’ association for 12-crore fraud
    28 June 2020, Timesofindia.indiatimes.com
    Captured on: 28 June 2020
    GURUGRAM: Police have booked the office-bearers of the Central Plaza Owners Welfare Association for alleged embezzlement of more than Rs 12 crore. The shop owners had filed several complaints against the association, following which the district registrar of societies had audited the accounts and found discrepancies. The FIR for fraud and cheating was registered by the police on the orders of a local court. The Central Plaza Mall is located on Golf Course Road in Sector 53 and has as many as 60 shops. In 2012-13, the actual shop owners and tenants had formed two different associations…
  • Malls, restaurants struggle as customers remain wary
    27 June 2020, Timesofindia.indiatimes.com
    Malls and restaurants are seeing extremely low footfalls since reopening earlier this month. Restaurants are particularly struggling, given early closure timings and the ban on serving alcohol. While most retailers have opened their stores in the malls, the shopping complexes have at best seen 15-20% of the footfalls compared to pre-COVID times and mall owners do not expect the situation to improve before the festive season. DLF’s malls in NCR have footfalls of just 6,000 per day, compared to 30,000 in normal times, its executive director Pushpa Bector said. Mall executives from across the country say sales and walk-ins have been…
  • COVID-19: Gurugram malls to reopen next week as city heads for ‘limited lockdown’
    27 June 2020, Ucnews.in
    For representational purposes (Photo | EPS)CHANDIGARH: Gurugram, which touched almost 5,000 coronavirus cases today, will now be following the Dharavi model from now, opting for ‘limited lockdown and reopening malls and other public places. Religious places, however, will remain closed. Municipal Commissioner of Gurugram, Vinay Pratap Singh said that the malls will open from next week but will have to strictly follow social distancing norms and guidelines laid down by the ministry of home affairs. “If the establishment violates these norms then strict action will be taken against the violator. The public parks will also open for walks from July 1,’’ he said…
  • Malls to open next week, but cinemas will stay shut in Gurugram
    27 June 2020, Timesofindia.indiatimes.com
    Malls outside containment zones will reopen next week after a three-month hiatus, the district administration announced on Friday. There will be thermal screening and sanitizers at the entrance and social distancing inside. Gaming arcades and cinemas will remain shut.Covid-19 cases kept surging – on Friday, the total number of cases grazed 5,000. “But the recovery rate has gone up over the past two weeks. Things are improving in the city. So we decided to reopen malls by next week,” said Municipal Corporation of Gurugram (MCG) commissioner Vinay Pratap Singh. “They have to follow the SOP (standard operating procedures)…
  • Select Citywalk welcomes the new normal with new and disruptive initiatives
    27 June 2020, Afaqs.com
    The Shopping center introduces direct delivery service of items through Whatsapp ordering as new normal. Delhi’s Select CITYWALK shopping center reopened on June 8 with strict SOPs as per government directives to ensure the utmost safety, sanitization, and social distancing as required for the post-COVID-19 environment. Select CITYWALK does not just ensure that visitors have a warm and welcoming retail experience at the shopping center but has also introduced services to benefit consumers across Delhi-NCR, even if they wish not to visit yet. As part of the ‘New Normal’, Select CITYWALK has introduced a suite of services to ensure comfort and convenience…
  • Covid is making brands opt for skyrise marketing to reach the ‘low-lying’ consumer
    26 June 2020, Theprint.in
    ‘Skyrise markets’ today represent a huge opportunity for brands, large retailers, and e-commerce platforms due to natural grouping of similar customer profiles.ecessity is the mother of invention, they say, and adversity the best teacher. Amid all the gloom and pain due to the coronavirus pandemic and lockdown, some great new thinking and fresh ideas have surfaced in the domain of brands and services. The past three months have seen a lot of disruption in India, both for consumers as well as sellers: gated customers, shuttered shops and malls, fractured supply lines, factories at half-steam, raw material shortages, and more…
  • Gurugram to reopen malls by next week; waiting for guidelines from government
    26 June 2020, Tribuneindia.com
    The second issue that was addressed was the containment zones in the city tribune News ServiceGurugram, June 26Gurugram will follow the Dharavi model of COVID-19 management and soon announce a partial lockdown. In a press conference on Friday, Amit Khatri, Deputy Commissioner of Gurugram, along with, Municipal Corporation Commissioner and Senior Police officer addressed the current situation of the city. It was announced that malls will reopen within the next week. They are waiting for the guidelines from the central government. The second issue that was addressed was the containment zones in the city. They are still observing the current situation…
  • Chhattisgarh Govt allowed clubs, malls, restaurants & hotels to reopen from today
    26 June 2020, Clipper28.com
    The Chhattisgarh government has allowed the clubs, shopping malls, restaurants, and hotels to reopen from today.According to the order issued by the government, all these places will have to strictly adhere to the Standard Operating Procedure -SOP and maintain social distancing guidelines. However, cinema halls, gyms, swimming pools, amusement parks, theatre, bar, auditorium, and assembly halls will remain shut. Moreover, in sports complexes and stadia, only sports activities will be permitted, while viewers will not be allowed there. The state government has also permitted passenger buses to operate within the state…
  • Apparel retailers’ FY21 revenue may fall 30% due to Covid-19: Crisil Report
    26 June 2020, Business-standard.com
    Demand is expected to recover to pre-lockdown levels only during the October-December festive season, it added store closures, social distancing, and lack of demand due to the coronavirus pandemic may cause a 30 percent dent to revenues of the Rs 1.7 trillion organized apparel retailers in the current financial year, a report said on Friday. Bottom line (profits) of such companies will also be impacted as the operating profitability is likely to go down by 2 percent, the report by rating agency Crisil said adding that companies will be forced to pile up debt as a result of this…
  • Chhattisgarh allows reopening of clubs, shopping malls, restaurants, hotels
    26 June 2020, Aninews.in
    Chhattisgarh government on Thursday issued an order to allow reopening of clubs, shopping malls, restaurants, and hotels in the state. However, cinema halls, gyms, swimming pools, theatres, bars, and auditoriums will remain shut.The Health Ministry had earlier released Standard Operating Procedures (SoPs) to be followed in shopping malls, restaurants, hotels, and other hospitality units to contain the spread of coronavirus. Chhattisgarh Transport Commissioner also issued an order for operating intra-district and inter-district passenger buses in the state. “All drivers, conductors, and passengers will have to wear face masks,” it said. The order said that maintaining…
  • EXCLUSIVE: Big-name restaurateurs on challenges of reopening and why it will be unviable for many to open up
    25 June 2020, Moneycontrol.com
    From cash-flow problems to changing dining-out paradigms, manpower struggles, and technology innovations, Gauri Devidayal, Riyaaz Amlani, AD Singh, Zorawar Kalra, and Rachel Goenka define the pull and pushes of opening up in an after-COVID world. The COVID-19 pandemic has hit the restaurant industry hard across the world, with thousands of eateries downing shutters and millions losing jobs. And reopening is complicated: India’s big-name restaurateurs talk about efforts to destigmatize dining-out and the road ahead. Now that India has begun to gradually open up, what does the road ahead look like? Gauri Devidayal, Partner, Food Matters India Pvt Ltd (The Table, Magazine St Kitchen…
  • Viviana Mall turns Seven!
    25 June 2020, Mumbai.mallsmarket.in
    Viviana Mall, a well-known ‘destination mall’, to celebrate its seven years of providing a recreation space to the public has organized a week-long activity and events on social media. The celebration commenced from June 22, with daily activities to beat the lockdown blues right from room decoration and cake baking workshops to make up sessions by the renowned makeup artists from Colorbar. There are various competitions also lined up, the winners in these events will win prizes and offer from Viviana Mall. Keeping in mind the 7years of completion, the mall will be uploading a post on its Instagram that appeals…
  • As early shoppers step out, high street markets win over big malls
    25 June 2020, Livemint.com
    3 min read. Updated: 25 Jun 2020, 06:36 AM IST Suneera Tandon, Shuchi BansalNEW DELHI: Retailers have witnessed tepid response since the lockdown restrictions were eased, with shoppers making short trips, spending less time and buying exactly what they need from stores on high streets. However, stores located in malls have fared even worse. Retailers Mint spoke to said business in stores located on high streets were at 30-60% compared to a year ago, while in malls they were as low as 5-20%. In all, physical stores continue to bear the brunt of the COVID-19 outbreak…
  • Unless malls and metros open, migrant vendors not willing to return to the city
    25 June 2020, Timesofindia.indiatimes.com
    Gurgaon: “I had no option but to leave the city. Before the Covid-19 lockdown, I was able to make around Rs 15,000-Rs 20,000 a month. But in the past three months, my income crashed. Unlike my friends who did get some money from their factories, I didn’t get any aid. I borrowed money to survive the lockdown and waited for the malls to open. But that didn’t happen,” said Ratan, a roadside vendor who recently returned to Bihar. Ratan is not the only one. Hundreds of self-employed migrant workers like tea sellers and roadside vendors have left the city in…
  • Mall security staff go on strike, demand salaries
    24 June 2020, Tribuneindia.com
    Tribune News ServiceLudhiana, June 23Security staff at MBD Mall on Ferozpur Road today staged a protest and went on strike alleging they have not been paid salaries for the past two months. Earlier, too, when the mall was opened after the lockdown period, the security staff went on strike, it was only after the intervention of their hiring agency and management of the mall they had resumed work. Today again, the security staff went on strike. Harpreet Singh, a security guard, said they came to know that the mall was hiring other security staff while the existing employees had not…
  • DLF Luxury Retail appoints Prashant Gaurav Gupta as the Business Head, Luxury Malls DLF
    24 June 2020, M.dailyhunt.in
    New Delhi: DLF, the largest publicly listed real estate company in India with a legacy of 73 years has announced the appointment of Prashant Gaurav Gupta as the Business Head for the Luxury Malls of DLF. Prashant Gaurav Gupta who joined DLF in 2018 has been with the Luxury Malls of DLF for more than 2 years. Prashant Gaurav Gupta is one of the youngest professionals from the hospitality industry. His tenure within the hospitality space has been a little short of two decades of which 17 years of his superlative luxury hospitality tenure were spent at the ITC Hotels. Over the…
  • Luxury Malls and The Future of Shopping
    24 June 2020, Thevoiceoffashion.com
    Prashant Gaurav Gupta, Business Head, DLF Luxury Malls on reshaping the luxury mall experience following the central government’s initiation of Unlock 1.0 plan earlier this month, DLF Emporio and The Chanakya malls in Delhi reopened their doors to customers on June 11 and 12 respectively. The malls, which house luxury labels such as Gucci, Louis Vuitton, Dior, Hermès, Tiffany & Co., and Bvlgari among others, are among the country’s prime luxury retail destinations. Prepped and reorganized with heightened security measures and social distancing regulations, these malls are poised to invite customers into a safe environment, after being shuttered for over two…
  • Top retail and restaurant brands in Delhi’s high street locations switch to revenue share model
    23 June 2020, Economictimes.indiatimes.com
    According to industry executives, average rentals in Khan Market till last year were Rs 7-10 lakh a month, or Rs 1,400-2,700 per sq ft, but things have changed drastically in the wake of the coronavirus pandemic. Khan Market has stopped paying rentals and switched entirely to revenue-share models amid continuing uncertainty over a revival in business, industry executives told ET. Town Hall, a marquee restaurant brand in Khan Market which is among the world’s most expensive high-street retail locations, will run entirely on a revenue-share basis instead of paying rentals “till things are back to normal”, its owner, Navneet…
  • Malls opened but people are not shopping, business’ suffering loss
    23 June 2020, M.dailyhunt.in
    After the lockdown, malls have been opened in the phase of unlock-1, but their business is not going well. A survey of the Retailers Association of India has given information in this regard. According to the survey, in the first fortnight of June compared to a year ago, the business of malls has fallen by 77 percent. That is, their business is less than 25 percent, compared to earlier, about 23 percent.It is not that business is reduced only in malls. During this period, the business of retail traders of the markets has also registered a decline…
  • Select CITYWALK welcomes the new normal with disruptive initiatives
    23 June 2020, Indiaretailing.com
    Select CITYWALK, one of Delhi’s most admired shopping centre, reopened on June 8 with strict SOPs as per government directives to ensure utmost safety, sanitization and social distancing as required for the post-COVID-19 environment. Select CITYWALK does not just ensure that visitors have a warm and welcoming retail experience at the shopping centre but has also introduced services to benefit consumers across Delhi-NCR, even if they wish not to visit yet…
  • Technology assisting shopping centres in a post-COVID world
    23 June 2020, Fashionunited.uk
    Capital and Regional, the UK’s leading owner-manager of community shopping centres, with locations in London, Luton, and Maidstone, has developed and launched a new technology in partnership with Sensormatic Solutions, for its ShopperTrak solution to monitor and help control individual centre occupancy levels in real-time…
  • COVID-19 impact: Poor response forces restaurants, hotels to close again; 30% could shut permanently, warns industry
    22 June 2020, Cnbctv18.com
    The 9 pm curfew has hurt as the dinner segment brings about 60-65 percent of revenues.Two weeks since restaurants and hotels were allowed to reopen across cities on June 8, the sector has seen a dismal response from customers, and some are looking to close down again. The industry says it is unviable to keep restaurants open with low customer footfall and high electricity costs, rents, and staff wages.What has really hurt the industry is the 9 pm curfew, which has hit the dinner segment that brings about 60-65 percent of revenues…
  • Theatre opening, still a long way to go!
    22 June 2020, Sify.com
    MOVIEBUZZ Last Updated: Mon, Jun 22nd, 2020, 16:30:56hrsOnce lockdown is lifted completely in Tamil Nadu and number of cases reduces in India, theatres will reopen.Well that will take a few more weeks or even months according to the most optimistic people in the film industry. Now nobody is talking about June end or early July opening, as Chennai and surrounding areas go for a complete lockdown from Friday June 19 to 30. Please note, Tamil Nadu has the second highest COVID19 cases in India and Chennai and surrounding districts are hot spots with many containment zones…
  • Park+ ties up with AarogyaSetu to boost social distancing solutions for malls
    22 June 2020, Livemint.com
    Park+ leverages technology to enable malls to check-in and check-out customers while tracking and recording their temperature, manage footfalls, and comply with government-mandated safety guidelinesPark+, a Delhi-based smart parking solutions startup, is collaborating with AarogyaSetu, an Indian government-developed mobile application. Through the tie-up, Park+ will leverage individual COVID-19 safety status provided by the AarogyaSetu app to enhance the efficacy of its tech-led social distancing solutions to curb the spread of the disease. Backed by Sequoia Capital and Matrix Partners, Park+ leverages technology to enable malls to check-in and check-out customers while tracking and recording their temperature, manage footfalls…
  • Brands looking to shift production from China to India
    22 June 2020, Retail.economictimes.indiatimes.com
    Third-party manufacturers were already exploring options to reduce their dependence on imports of finished products since the Covid-19 crisis disrupted their supplies from China, but the recent border issue and government’s vocal for local pitch have increased interest in the last one week.KOLKATA/NEW DELHI: Indian contract manufacturers said there is a surge in interest from brands to make products like televisions, air-conditioners, microwave ovens, shoes, speakers, earphones, set-top boxes and apparel in the country as companies fear consumer backlash against ‘Made in China’ products and expects a surge in import duties by the government as a retaliatory step against…
  • Malls see 77% degrowth in first half of June; consumer sentiment low: Report
    22 June 2020, Retail.economictimes.indiatimes.com
    As per the survey conducted by the Retailers Association of India (RAI) with the participation of more than 100 big and small retailers, it was found that lockdown relaxations did not benefit retailers as there was no significant surge in their business. NEW DELHI: Malls witnessed 77 percent degrowth while high street retail showed a decline of 61 percent in business in the first half of June, as compared to the same period last year, with consumer sentiment remaining low even after lockdown relaxations, according to a report. As per the survey conducted by the Retailers Association of India (RAI) with…
  • Breaking News:
    21 June 2020, Uniindia.com
    Lockdown relaxations did not benefit retailers as there was no significant surge in their business, according to a recent survey conducted by the Retailers Association of India (RAI) with more than 100 big and small retailers. While malls witnessed a 77% degrowth, high street retail showed degrowth of 61% in business, across the country during the period of June 1 to June 15, 2020, compared to the corresponding period last year. After the central government’s announcement in early June, most states permitted malls and high street retailers to reopen after a gap of more than 70 days…
  • COVID-19 Impact | Malls see 77% degrowth in 1st half of June; consumer sentiment low: Report
    21 June 2020, Moneycontrol.com
    After lockdown guidelines were relaxed in early June, most states permitted malls and high street retailers to reopen after a gap of more than 70 days. Malls witnessed 77 per cent degrowth while high street retail showed a decline of 61 per cent in business in the first half of June, as compared to the same period last year, with consumer sentiment remaining low even after lockdown relaxations, according to a report. As per the survey conducted by the Retailers Association of India (RAI) with the participation of more than 100 big and small retailers, it was found that lockdown relaxations did not benefit…
  • Stand-alone shops want business to remain open for whole week like malls
    21 June 2020, Hindustantimes.com
    Owners of stand-alone shops in the local markets of Noida have requested the district administration to allow them to remain open for the entire week, instead of alternate days as per the current odd-even plan. The shop owners sent a letter to the district administration on Saturday, requesting the same. Markets in the urban areas have been allowed to open shops under the current odd-even system, in which each shop can work for three days of the week while taking one day as a compulsory off. That day is used for sanitising the area…
  • Garment industry stares at losses in absence of orders
    21 June 2020, Timesofindia.indiatimes.com
    Even after almost three weeks since the garment industry restarted after lockdown, it has still not been able to return back on track. Earlier, not being able to arrange labour for production, now garment manufacturers are staring at the even bigger problem of getting orders. According to businessmen, there is a huge shortage of orders as till now majority of garment stores across India have not been able to open and those who have managed to open are not seeing enough footfall of customers. As per industry estimates, till date, garment manufacturers have been able to attain 30% of production as…
  • Kolkata malls tackle virus with tech, tweaked trial rules
    21 June 2020, Retail.economictimes.indiatimes.com
    From sanitizing customers’ hands at the entrance to keenly observing what the customer has touched and removing items that are not going to be bought for decontamination, retailers in malls are taking all steps to ensure that items on display don’t turn into fomites that carry the novel coronavirus. And the stores are using various technologies to destroy the virus…
  • Apparel makers beef up efforts to reduce dependency on China amid heightened tensions
    20 June 2020, Newindianexpress.com
    The Apparel Export Promotion Council (AEPC) has been promoting local production of goods, that are normally imported from China. CHENNAI: As calls for boycotting Chinese products gains momentum, the apparel industry is bracing up to tackle the situation by searching for low-cost alternatives to source raw material. The Apparel Export Promotion Council (AEPC) has been promoting local production of goods, that are normally imported from China. Industry experts feel that the rising anti-China sentiments provide an opportunity for India to grow as an alternative to the Chinese market…
  • Impasse over rent resolved, eateries at Elante mall resume services
    20 June 2020, Hindustantimes.com
    Though the mall management didn’t give details of the agreement, the proprietor of a restaurant confirmed that the rent for the lockdown period was waived. Restaurants at Elante Mall that had kept their doors closed for nearly two weeks over rent disagreement have started reopening following a consensus over rebate with the mall management. Having remained closed since June 8 when the mall resumed business, some restaurants opened on Saturday, while most will restart operations on Monday. “The restaurants working on our premises are our partners, and now it is our turn to help them. Rebates have been given…
  • Malls tackle virus with tech, tweaked trial rules
    20 June 2020, Timesofindia.indiatimes.com
    From sanitizing customers’ hands at the entrance to keenly observing what the customer has touched and removing items that are not going to be bought for decontamination, retailers in malls are taking all steps to ensure that items on display don’t turn into fomites that carry the novel coronavirus. And the stores are using various technologies to destroy the virus.At Forum mall that opened for business on Friday, several apparel retail stores, like Anokhi, Toffi House, Cotton World and Label Life, have converted one of their trial rooms into ultra-violet chambers where clothes can be sterilized…
  • Prominent retail stores at Elante Mall lay off employees to cut costs
    19 June 2020, Msn.com
    Since the mall had been shut during the lockdown, storeowners had no steady income in the last three months and continue to suffer losses even after the mall opened, since very few people are visiting these stores. Store owners have also had disagreements with the mall management over rent payment, with owners demanding their rent for the lockdown months be waived off and management seeking 50 percent rent for the lockdown period from the owners. “The employees who have been sacked now were working in big chain retails stores. These are shops which have turnover worth crores every year…
  • Retailers Association meets Aditya Thackeray
    19 June 2020, Deccanherald.com
    A delegation from Retailers Association of India (RAI) met Maharashtra’s protocol minister Aditya Thackeray on opening malls and shopping centres in the state with strict guidelines and on allowing all stores to operate every day from 9:00 am to 9:00 pm. The minister appreciated the association’s concern and agreed on the need to restart retail in the state. The retail sector employs more than over 46 million people and contributes to approx. 40% of India’s Consumption and 10% of the country’s GDP. With most consumers demonstrating hesitation to resume shopping, the retail sector has been seeking the support of all stakeholders to revive…
  • 4 in 5 Indian consumers will reduce shopping expenditure post lockdown, finds RAI Consumer Survey
    19 June 2020, Indianretailer.com
    Consumers in the survey exhibited symptoms of caution and conservatism as they were asked to evaluate if, how, when, and where they would like to shop once the lockdown lifts. As retailers climb back on their feet under Unlock 1.0, the industry might have to brace itself for a sustained downturn, as a majority of 67% consumer showed little to no excitement in shopping post the lockdown. This is one of several stark findings in a consumer sentiment survey, released today by the Retailers Association of India. Surveying over 4000 respondents across…
  • Malls report sizeable footfalls, ample business in the second week of Unlock 1.0
    19 June 2020, Indiaretailing.com
    While the sentiments on Day 1 were greatly encouraging, the industry has had the time to study footfall patterns and purchase behaviours over several days, including on the first weekend since the lifting of restrictions. In a second, exciting Pan-India Livestream, from malls across the country, trends were analysed and the challenges going forward, studied…
  • Retailers bat for the opening of malls and shopping complexes
    19 June 2020, Freepressjournal.in
    Retailers Association of India (RAI), during an interactive discussion with Tourism Minister Aditya Thackeray, made a strong plea for the opening of malls and shopping centres in the state with strict guidelines while allowing all the stores to operate every day from 9 am to 9 pm. The retail sector employs more than over 46 million people and contributes to approximately 40 per cent of India’s consumption and 10 per cent to its GDP…
  • Elante mall F&B outlet owners want authorities to reconsider
    18 June 2020, Indianexpress.com
    Ever since the mall opened, that is June 8, most of the food and beverages outlets have been shut owing to the deadlock with the mall management which had been seeking rent. Food and beverages outlet owners of Elante mall are still not ready to budge despite the mall management now announcing waiving off of the rent for lockdown period and payment of just 30 per cent from now (unlock period) till September. Ever since the mall opened, that is June 8, most of the food and beverages outlets have been shut owing to the deadlock with the mall management which had…
  • Future 2020: How do we shop, eat, and work out moving forward
    18 June 2020, Indiatoday.in
    The novel coronavirus pandemic has changed how we engage with fashion, beauty, food, and wellness. Lakme Fashion Week and Amazon Fashion Week have both announced that they will go digital. IMG Reliance, the company that organizes Lakme Fashion Week, has said that in addition to their on-ground event (which is currently still scheduled for the third quarter of 2020) they will launch a Virtual Showroom “to support designers, artisans, and the business of fashion”. It will be a marketplace for designers to showcase…
  • Have waived rentals for some malls for complete lockdown period, says DLF
    17 June 2020, Cnbctv18.com
    Reports indicate that DLF has waived off 100 percent rent for the lockdown period for one of its malls, 50 percent for the second quarter and twenty-five and ten percent for the third and fourth quarters, respectively. CNBC-TV18’s Sonia Shenoy and Latha Venkatesh spoke with Ashok Tyagi, whole-time director of DLF, to find out if this is accurate and if they will do it for others as well like CyberCity. “These are very tough times. The retail component is about one-sixth of our total rental portfolio. We have decided to give them a complete waiver for the lockdown period which is from March-end till mid-June then a calibrated rollback of the lockdown as we move forward, so the numbers that you indicated are broadly correct. There will be some individual exceptions because there are some people on pure revenue share etc,” he said…
  • Bangaluru to Test People in Markets and Malls, Govt Mulls Roping in Private Hospitals to Treat Covid-19
    17 June 2020, News18.com
    On June 6, Bengaluru reported a total of 452 Covid-19 infections. The death rate almost tripled in this period from 13 to 38 and the number of containment zones increased from 49 to 191.Bengaluru: With the sudden increase in the number of Covid19 cases in Bengaluru (urban), the Bruhat Bengaluru Mahanagara Palike (BBMP) is looking to widen its testing criteria by including people in high-risk locations. The civic body has identified these areas as markets, malls, medical establishments, and similar such places. “Instead of waiting for positive cases to come to us, we have proposed to the government to take up active…
  • Covid-19 crisis: DLF takes lead, waives rent for beleaguered mall tenants
    17 June 2020, Business-standard.com
    In a letter to its tenants, the realtor said it “plans to waive of the entire MG rent from the beginning of the lock-down period up till 15 June”. Realty major DLF has offered respite to its beleaguered mall tenants by waiving off rents, fully or partially, up till March 2021. The Delhi-headquartered firm has already offered a revised scheme on payable modified gross (MG) lease rent to its tenants at its properties in the capital. In a letter to its tenants, the realtor said it “plans to waive off the entire MG rent from the beginning of the lock-down period up…
  • Opinion | Consumers will pivot to brands that care as loyalties get tested
    17 June 2020, Livemint.com
    Consumers are also becoming frugal as many of them suffer salary cuts and job losses Dairy brand Amul, owned by Gujarat Co-operative Milk Marketing Federation (GCMMF), launched three flavored milks—haldi (turmeric), adrak (ginger) and tulsi (basil)—last week. The launch comes amid grave consumer concerns over immunity in view of the COVID-19 pandemic. The ingredients have been part of home remedies in India for colds and coughs and used as general health boosters. The company, known for its cool advertising, is now marketing these products as the first of their kind ready-to-drink beverages “loaded with ayurvedic properties”. To be sure, Amul is not…
  • Contactless IR Thermal Temperature Scanner with IOT based mobile app launched in India
    17 June 2020, Businessworld.in
    In contribution to fighting the COVID-19 crisis in India, Skroman Switches Pvt. Ltd. in association with Pelican Telecom Pvt. Ltd. have launched ITTS 20, India’s first Contact-less Infrared Thermal Temperature Scanner with IoT based mobile app. This made in India product is a wall-mounted device that can be used at entry points of establishments. It detects a person’s body temperature and sends alerts on a mobile device along with maintaining records of temperatures and the good part is it requires absolutely no…
  • Long queues of shoppers outside UK stores
    17 June 2020, Telegraphindia.com
    Rishi Sunak, the chancellor, will be a happier man now that shopping for clothes, shoes, electronic gadgetry and books began in England on Monday but with stores applying — or attempting to apply — the two-metre social distancing rules of “the new normal” alongside plentiful use of hand sanitiser…
  • Mall landlords Brookfield, Simon and Authentic Brands in talks to buy J.C. Penney
    17 June 2020, Business.financialpost.com
    The two largest mall landlords and Authentic Brands Group LLC are in talks to buy bankrupt department-store chain J.C. Penney Co., according to people familiar with the matter….
  • Hurdle in way to eateries opening: Rent negotiation
    17 June 2020, Indianexpress.com
    DLF Limited, which haslet space to as many as 100 big restaurant brands in Delhi/NCR at CyberHub (Gurgaon), Mall of India (Noida), Emporio and Promenade (Vasant Kunj), has now offered up to 40% discount to these eateries, while also waiving off rentals for three months of the lockdown in some cases. They have sent individual letters to various restaurants offering them rental cuts in varying slabs.The National Restaurant Association of India (NRAI) had recently written to the malls, but its president, Anurag Katriar, said that so far, not many of them have come up with a positive response. Confirming the development about DLF, he said, “We had elaborate discussions amongst ourselves on the issue but have decided that nothing else but a revenue-sharing model would be acceptable to us. We are not in a position to pay any kind of fixed rentals hereon since we are not assured of any fixed revenue.”…
  • Kolkata: Malls earn Rs 27 crore in first week of reopening, highest revenue on Saturday
    16 June 2020, Timesofindia.indiatimes.com
    KOLKATA: The six major malls in the city clocked a revenue of Rs. 25 crores to Rs. 27 crores in the first week of business after a two-month break, nearly quarter of which took place on Saturday despite overcast skies and the pandemic gloom. Retailers claimed the malls would have closed the week with a revenue of around Rs. 35 crore had it not rained so heavily on Sunday. “It was the first weekend after the malls reopened. Over the week, shoppers were seen gaining confidence and comfortable visiting the mall. Weekends compared to weekdays are promising and we saw…
  • A week into Unlock 1.0, only two malls in Noida reopen; others seek more time
    16 June 2020, Timesofindia.indiatimes.com
    Even after a week since they were allowed to reopen, several malls in Noida are not ready to open yet. While some say that they are expecting to resume their operations this week, others say that it may take another week or so. For some malls, this is because the process of cleaning and sanitization, which is then followed by an inspection by the Noida Authority, is still in progress, and for others, the sealing of the borders is making it difficult for retailers to return. Only two Noida malls – Logix City and Wave – are open as of now…
  • Delhi govt allows 37 more liquor shops to reopen in shopping malls
    16 June 2020, Outlookindia.com
    New Delhi, Jun 16 (PTI) The Delhi government has allowed 37 liquor shops located in shopping malls to reopen and asked them to take adequate measures to ensure social distancing at their outlets. An official said no liquor shops have been allowed by the excise department to operate in coronavirus containment zones in the city. There are around 240 such zones in the city. “The government has allowed 37 liquor shops, which are located in shopping malls, to reopen,” the official said. These outlets have also been directed by the government to take all possible measures, including adhering to social distancing norms, in…
  • In Photos | A Visit to a Delhi Mall During Unlock 1.0
    16 June 2020, Livewire.thewire.in
    The entire world is currently in the grip of coronavirus. The number of cases across the globe are spiking every day, and India is currently one of the worst-affected countries. However, despite the rapidly increasing number of cases, shopping malls, hotels, markets and places of worship opened up on June 8 under ‘Unlock 1.0’ – the first phase of lifting the lockdown in the country almost after three months. The Central government has issued certain guidelines for people to follow while visiting such places. We decided to visit one such shopping mall in the national capital to find several precautionary measures…
  • Tech solutions for social distancing see pick up from corporates, malls
    16 June 2020, Timesofindia.indiatimes.com
    CHENNAI: Workspaces and commercial establishments are slowly opening up, albeit with requirements for social distancing. A clutch of companies such as Staqu, VAMS Global and Park, which are offering tech-based social distancing solutions are seeing takers from companies, government bodies, and malls. Staqu, which is a part of Niti Aayog’s Covid-19 response committee, has video analytics-based monitoring of social distancing, usage of masks in shop floors, and companies. “It is an easily-implementable solution that doesn’t require any additional hardware and can be embedded on CCTV cameras. Our platform Jarvis tracks even blurred images in real-time and throws alerts when the…
  • Unlock effect: Mall footfalls rising but business still dull
    16 June 2020, Financialexpress.com
    Rajneesh Mahajan, CEO at Inorbit Mall, hopes business will turn a little more brisk once youngsters start socialising at restaurants and movie halls because the quantum of transactions right now, when measured against pre-Covid-9 times, remains small…
  • The American Dream Mall Had Retail Problems Before Coronavirus. Now, They’re Worse
    16 June 2020, Forbes.com
    The bad news keeps piling up for the American Dream megamall project in the New Jersey Meadowlands…
  • Malls eye omni-channel presence with online push
    15 June 2020, Timesofindia.indiatimes.com
    Kolkata: Retailers at city malls are strengthening their online presence to reach out to customers in the Covid era. While some retailers like Shoppers Stop and Levi’s had a strong online presence along with offline stores, others are reworking their token online presence and integrating it with their offline business to offer customers a seamless shopping experience that would take care of their safety concerns. “Around five years ago, the online furniture retailer Urban Ladder had set up stores in major markets, including Kolkata, to offer the touch-and-feel experience. Now, the opposite happening with brick-and-mortar stores ramping up their online presence…
  • Explain speaking: As Unlock enters third week, a visible lack of public confidence
    15 June 2020, Indianexpress.com
    A fortnight into Unlock 1.0, restaurants and shopping malls bear the telltale signs of the continuing uncertainty in the public mind. Restaurants and shopping malls opened last week after a gap of over two months. But there was no rush of people flocking to these places even after having been bottled up inside their homes and localities for so long. Just use the parking index – the ease with which you get a spot near your shopping destination will tell you the story of public confidence or the lack of it.A fortnight into Unlock 1.0, these places bear the…
  • The new retail paradigm is forcing retailers to redefine core strategies
    15 June 2020, Retail.economictimes.indiatimes.com
    In April, the Retailers Association of India (RAI), the National Restaurant Association of India (NRAI), and the Clothing Manufacturers Association of India (CMAI) said that they jointly anticipated a 25-30 per cent impact on business with a multiplier effect on supplementary industries, along with large job losses. By: Harsha Razdan. The COVID 19 pandemic has had an unprecedented impact on the global economy, and its effects are likely to be seen and felt for a long time. In India, the two-month plus lockdown has affected consumption in unique ways, with consumers hoarding up essentials, and dynamic zone categorization being brought in…
  • Delhi NCR malls see 10% footfall in the first week of reopening, but expect better days ahead
    15 June 2020, Cnbctv18.com
    Unlock 1.0 after the strict coronavirus-forced lockdown saw the opening of malls from June 8, but people remain hesitant to step out just yet as the pandemic refuses to subside. During the first week of their reopening, the top malls in the Delhi NCR region recorded about 4,000 visitors per day, a mere fraction of the 40,000-50,000 visitors a day that each mall used to see in the pre-COVID-19 days. Unlock 1.0 after the strict coronavirus-forced lockdown saw the opening of malls from June 8, but people remain hesitant to step out just yet as the pandemic refuses to subside. During the…
  • Startups help malls, eateries put safety first on reopening
    15 June 2020, Livemint.com
    Companies are leveraging technology to ensure hygiene norms and contactless shopping New Delhi-based Park+ has tied up with malls to assist contactless entry, exit of customers. NEW DELHI: Shopping in your favourite mall may feel different in the post-COVID world. On reaching, you could be asked to scan a QR code on an app, verified through a one-time password, allowing the mall to track your movements. An online tracking system could also inform you to leave a particular store depending on the number of people, thus, maintaining social distancing. The app could also let you pay digitally, ensuring contactless payment…
  • DLF to waive up to 100% of base rent for tenants amid coronavirus crisis
    15 June 2020, Livemint.com
    Waiver of 50 percent, 25 percent and 10 percent has been proposed for Q2, Q3, and Q4, respectively DLF, one of the largest mall operators in the country, has proposed a rental programme to support the rental partners amid the ongoing coronavirus crisis. The plan proposes a waiver of as high as 100 percent on minimum guarantee (MG) lease rent for rental partners such as shops, multiplexes, and restaurants. While the rent will be as per billed terms for March until lockdown, zero MG rent has been proposed from the start of lockdown until June 15…
  • Sales in Kolkata shopping malls on the rise
    14 June 2020, Outlookindia.com
    Sales in shopping malls of Kolkata are on the rise due to increasing footfalls in the establishments since the relaxation of lockdown norms. Authorities, of the establishments, said more people are buying goods and services as against total footfalls in the shopping centres, causing the conversion rate to shoot up considerably when compared to pre-COVID times. The shopping malls had suffered zero revenue during the complete lockdown period but despite that, they had to incur maintenance expenses and repay loans. However, the phenomenon of ”revenge shopping ”frantic buying of goods and services by consumers who missed it during lockdown witnessed…
  • Delhi: Mall management suggests lockdown rent waiver till June 15, concessions
    14 June 2020, Retail.economictimes.indiatimes.com
    In a letter sent to retail tenants on the rental program while seeking to support them in restarting their businesses, DLF suggested a complete waiver of rent for the lockdown period till June 15, plus, for CyberHub tenants, a 70% waiver on MG rent in Q2, 45% in Q3 and 20% in Q4.NEW DELHI: After intense negotiations between malls and retail food outlets, DLF Shopping Malls has taken the first step to resolve the impasse and offered to waive the minimum guaranteed (MG) rent for the lockdown period till June 15 while suggesting new rent and revenue-sharing slabs meant to…
  • A week on, hotels & malls still struggle to return to normalcy
    14 June 2020, Timesofindia.indiatimes.com
    PATNA: A week after hotels, restaurants, and shopping malls in the city were permitted to reopen as part of Unlock 1.0, they are still struggling to return to normalcy and attract customers. Asharam Singh, the chief security officer of a shopping mall on Patliputra Kurji Road, told this newspaper on Saturday, “The number of visitors keeps dwindling. I think a lot of them still do not know that malls have reopened.”According to hoteliers, the two-month lockdown also had a “disastrous impact” on the hospitality sector, especially at tourist places like Bodh Gaya and Rajgir…
  • Mall mgmt suggests lockdown rent waiver till June 15, concessions
    14 June 2020, Timesofindia.indiatimes.com
    New Delhi: After intense negotiations between malls and retail food outlets, DLF Shopping Malls has taken the first step to resolve the impasse and offered to waive the minimum guaranteed (MG) rent for the lockdown period till June 15 while suggesting new rent and revenue-sharing slabs meant to expedite the reopening of eateries…
  • Retail therapy under scanner
    14 June 2020, Dailypioneer.com
    Since Unlock 1.0 was announced on June 8, many public places have opened their doors to people, keeping in mind the guidelines issued by the Government and social distancing norms. But is it safe to visit such places like malls? MUSBA HASHMI brings you a report during the lockdown, all that people could talk about was when would the malls open and they would be able to go for retail therapy. However, India has not been able to keep its COVID-19 numbers in check despite the curfew measures that were in place…
  • How technology made shopping safer in times of Covid
    14 June 2020, Financialexpress.com
    As the world of offline shopping slowly opens up to the public, technology is being put to use to ensure the safety of both buyers and seller although it looks extremely difficult, startups and tech companies have come to the forefront to aid this process. By Shriya RoyWith malls, restaurants, shopping complexes and other public places starting to open up in India and around the world, safety measures both for buyers and sellers have become primary. Efforts are being made to ensure contactless, or minimum-contact, interaction…
  • ‘Corona Mall’a one-stop shop for covid-19 prevention
    13 June 2020, Thehansindia.com
    Varanasi: Wishing that face masks, sanitizers, hand wash, or any other corona-related items are available under one roof! Head for Corona Mall in Varanasi, the parliamentary constituency of Prime Minister Narendra Modi. This unique ‘Corona Mall’, in Sigra area of Varanasi, has all the items to guard against Covid-19. People consider it turning adversity into opportunity. Due to its unique name, this mall remains a topic of discussion across the city. Ashok Singh, the Corona Mall operator, told IANS, “To allay the fear of corona in the minds of people, we have got the whole range of infection-prevention equipment under one roof…
  • Government issues pictorial guidelines for ‘COVID-appropriate behaviour’in Unlock-1 phase
    13 June 2020, Newindianexpress.com
    Religious places, restaurants, and malls have resumed operations from June 8 under the first phase of India’s graded reopening of various sectors, termed ‘Unlock 1’.NEW DELHI: Amid a surge in coronavirus cases during the ‘Unlock 1’phase, the Union Health Ministry on Friday issued guidelines on “COVID-appropriate behaviour” to be followed at restaurants, hotels, religious places, shopping malls, and offices in a pictorial format to emphasize on precautions such as staggering of visitors and allowing only asymptomatic people in such premises…
  • From Shoppers Stop an Raymond to small retailers – thousands of peoples have lost their jobs
    13 June 2020, Businessinsider.in
    India’s retail industry opened doors on June 8 but it’s still struggling with getting consumers to its shops. Shoppers Stop was the latest to lay off over 1100 employees. A survey from the Retailers Association of India said that a majority of 67% of the consumers surveyed showed little to no excitement in shopping post the lockdown. India’s retail industry opened doors on June 8 but it’s still struggling with getting consumers to its shops. As sales continue to slide and the crisis worsens, the retail industry is also seeing massive layoffs…
  • Lockdown relaxations in May ineffective for retail business: Survey
    13 June 2020, Knnindia.co.in
    New Delhi, Jun 13 (KNN) The relaxations provided by the government in May 2020 were ineffective as retailers across the board continued to witness degrowth in their businesses, said a survey by Retailers Association of India (RAI). The Retailers Association of India (RAI) in a recent survey said that more than 150 retailers, big and small, for assessment of three months (March, April, and May 2020) show a severe degrowth in businesses across sectors and regions. The relaxations provided by the government in May 2020 were ineffective as retailers across the board continued to lose, “RAI said in a statement…
  • Mall owners relent; rent waiver, revenue share with tenants in Unlock 1.0 action plan
    13 June 2020, Businesstoday.in
    Mall owners who have less debt may be able to offer concessions as they could have the required leeway but malls that have high level of debt would not be able to offer much KEY HIGHLIGHTS Many mall owners have slashed the rent up to 50 per cent for the lockdown period, lowered common area maintenance Mall owners have also shifted to a revenue-share model with many of the tenants Industry sources said that the minimum revenue share is 5-11 per cent, but could be higher in some cases Mall owners with less debt may be able to offer concessions…
  • Noida malls remain deserted on the first weekend after reopening
    13 June 2020, Hindustantimes.com
    Even the weekend failed to draw visitors to shopping malls of Noida and Greater Noida, which were permitted to reopen four days ago. While more retailers have resumed operations, the mall managers expect a week’s time for the footfall to pick up. Meanwhile, some of the big shopping malls, including DLF Mall of India and the Great India Place in Sector 18, are yet to start functioning. Those managers of malls that are operational said their focus was to build the trust among visitors in a post-lockdown scenario to ensure that their shopping experience is a safe one…
  • ‘Corona Mall’in Varanasi a one-stop shop for Covid prevention
    12 June 2020, Livemint.in
    This unique’Corona Mall’, in Sigra area of Varanasi, has all the items to guard against Covid-19 Due to its unique name, this mall remains a topic of discussion across the city VARANASI : Wishing that face masks, sanitizers, hand wash or any other corona-related items are available under one roof! Head for Corona Mall in Varanasi, the parliamentary constituency of Prime Minister Narendra Modi. This unique ‘Corona Mall’, in Sigra area of Varanasi, has all the items to guard against Covid-19. People consider it turning adversity into opportunity. Due to its unique name, this mall remains a topic of discussion across the city…
  • Beauty retailer Sephora India’s online sales are up by 50 per cent, says CEO Vivek Bali
    12 June 2020, Luxebook.in
    Aliya Ladhabhoy Ever since LVMH-owned partnered with Arvind Fashions Ltd to run the cosmetic and beauty retailer brand’s Indian operations in 2015, it has been on an expansion drive.It currently has 24 stores in the country and plans to drive up the number to 50 in the next few years – reaching out to tier II and tier III cities as well. The luxury beauty industry in India is pegged at ₹2500 crores and has been growing at a CAGR of 18 per cent, according to Vivek Bali, CEO of Sephora India…
  • Malls should deploy additional manpower to ensure social distancing, say Health Ministry guidelines
    12 June 2020, Thefactnews.in
    The Health Ministry in its guidelines has asked managements of malls to deploy additional manpower for ensuring social distancing norms.
    The ministry said that only asymptomatic staff and patrons should be allowed inside malls with face masks and the number of customers should be kept at minimum inside shops to maintain social distancing. Mandatory sanitizer dispensers and thermal screening provisions should be placed at the entrance and there should be proper crowd management in parking lots and outside the premises…
  • Don’t Allow Two Persons on The Same Step of Escalators: 10 Dos and Don’ts For Shopping Malls
    12 June 2020, India.com
    The health ministry on Friday has issued an advisory for shopping malls as malls and shopping complexes are reopening from June 8 across the country — after over two months lockdown since March 25…
  • Reopening shops inside malls an expensive business for owners in Kolkata
    11 June 2020, Hindustantimes.in
    The expenses to run the shops inside malls have increased in Kolkata as the shops are adhering to health guidelines to prevent the spread of coronavirus. Subrata Roy, a salon owner in the mall said that expenses to run the salon have increased. “We are under tremendous financial pressure. Now, our expenses have increased as we have to buy Personal Protective Equipments (PPE) kits, thermal guns, and sanitizers. We are following health guidelines to prevent the spread of COVID-19” Roy told ANI. “We are also facing problems as there is no cash flow in the market…
  • AI to play pivotal role in retail sector growth by 2024: Nasscom
    11 June 2020, Livemint.in
    Indian retail sector is poised to double by 2024 to be valued at $1.4 trillion Automated store checkouts and robotic warehouse management systems could be big bets for retailersMUMBAI: Experts believe the retail industry in India is at an inflection point and growth in the sector will be driven by technology, particularly artificial intelligence. Nasscom on Thursday launched ‘Indian Retail: AI Imperative to Data-Led Disruptive Growth’ report, highlighting the wide adoption of AI by retail enterprises. The report projected three times growth in the e-commerce and organized retail industry by 2024.According to data from the Indian Brand Equity Foundation (IBEF)…
  • Zara to continue India expansion
    11 June 2020, Livemint.in
    Zara could open new stores over the next 12 months The retailer could look at consolidating underperforming stores but will continue to expandNEW DELHI : Inditex, the parent company that owns the world’s top fashion retailer Zara may be shutting down between 1,000 to 1,200 stores mostly in Asia and Europe, but it is planning to increase its presence in India with at least four to five more properties for which it has already signed up with top mall developers. Currently, the company has 22 stores in the country.The new stores could open over the next 12 months…
  • Buyer’s remorse: Mall deal implodes as virus shakes retail
    11 June 2020, Apnews.com
    The nation’s largest mall owner is backing out of a $3.6 billion deal to buy a major rival as the coronavirus pandemic shakes the retail industry.Simon Property Group announced it would buy Taubman Centers in early February, just weeks before the Centers for Disease Control and Prevention announced the first known case of coronavirus in the U.S. Clothing stores and malls nationwide were ordered to close the following month…
  • Ambience Malls braces up to open after lockdown
    11 June 2020, Textilevaluechain.in
    Delhi NCR’s prominent lifestyle destinations are getting ready to open its doors to the city shoppers. New Delhi, 10 June 2020:As the capital comes out of months-long lockdown, Ambience Mall Vasant Kunj and Gurgaon are gearing up to greet shoppers to the new normal way of shopping. The malls shut down temporarily in March to combat the COVID-19 pandemic. Throughout the duration of lockdown, only hypermarkets and chemist shops remained operational for essential items. Now as the country moves towards easing the lockdown, Ambience Malls is committed to providing its patrons a safe mall environment that aligns with…
  • Buyer’s remorse: Mall deal implodes as virus shakes retail
    10 June 2020, Startribune.com
    Raekwon Martin of Bloomington drove to Mall of America on Wednesday morning to be part of its reopening after 11 weeks of being closed because of COVID-19 and then the unrest after George Floyd’s death in Minneapolis police custody…
  • Buyer’s remorse: Mall deal implodes as virus shakes retail
    10 June 2020, Retailinasia.com
    U.S. mall operator Simon Property Group, Inc. announced that it has exercised its contractual rights to terminate its 9th February, 2020 merger agreement with high-end mall owner Taubman Centers, Inc…
  • Delhi malls receive low footfall on first day of reopening, makes satisfactory sale
    10 June 2020, Newkerala.com
    As the malls reopened in the national capital following relaxations in coronavirus-induced lockdown, Delhi’s Select City mall received low footfall on the first day of reopening but made a satisfactory sale.”Customers are happy and comfortable with the arrangements. We received a good response on the first day of reopening and many stores made sales of around Rs 10 lakhs. So, this is very encouraging for the first day,” Nimish Arora, mall manager and CEO of Select City mall told ANI.CEO Arora said they have increased home delivery, “for which people can call our help desks and…
  • It’s positive vibes for malls, negative for restaurants
    10 June 2020, Newindianexpress.com
    All the shopping malls in the city, including Lulu Mall, Central Square Mall and Oberon Mall, had made elaborate arrangements to ensure the safety of customers. Besides arranging hand sanitizers at the entry points and registration counters, thermal scanning facilities were also arranged…
  • Why Shopping Malls in Noida keeps Shutters Closed after Green Signal from Govt
    10 June 2020, Dailyhunt.in
    Accordingly, most of the shopping mall owners in Uttar Pradesh’s Noida decided to keep them closed even after a green signal from the authorities to resume business. On the first day of Unlock 1.0, very few shopping malls in Noida opened their doors for customers, while The Great India Place, DLF Mall of India along with a few others remained shut.”We will take a few days to open our mall, as we need to train our staff, guards and other employees. It may take a few more days to implement government guidelines,” Virendra Tyagi, the official representative…
  • Bengaluru: Malls, eateries limping back to life
    10 June 2020, Livemint.com
    Like malls, restaurants, and eateries across the city are seeing only 50% of customers entering for dining Forum Mall manager said the people’s response since the reopening was encouraging but not exciting. BENGALURU: Reopening after 75 days of COVID-induced lockdown on June 8 (Monday), shopping malls and eateries in this tech city are limping back to business, with rising footfalls and steady customers, wearing masks and maintaining social distancing as per the government guidelines.”Footfalls are slowly increasing by the day with more in the evening though business in shops is yet to pick up. Due to restriction on…
  • Chandigarh: Many Elante outlets remain shut over lockdown rent deadlock
    10 June 2020, Timesofindia.indiatimes.com
    CHANDIGARH: The deadlock between the Elante mall management and many food and clothing shop owners over rent continued on the second day of Unlock 1.0 on Tuesday, with a maximum number of outlets in the food court remaining shut. The Elante management is demanding 50% rent for the coronavirus lockdown months of April and May and 75% rent from June till September. The outlets, on the other hand, are insisting on not making any payment for the lockdown period.”All those running businesses in the food court have submitted to the mall management to waive off rent for the lockdown period…
  • The unlocking of malls, restaurants: See how they look like now
    10 June 2020, Economictimes.indiatimes.com
    A worker adjusts a mask on a mannequin at a mall, after authorities permitted reopening of shopping complexes in the fifth phase of COVID-19 lockdown in Amritsar. Employees wearing masks are seen inside a shop at a mall in New Delhi. A worker’s reflection is seen in a mirror as he cleans a window of a shop at a mall in New Delhi. A car is sanitized at the entrance of a mall as part of a demonstrated sanitization procedure by mall authorities in New Delhi. A worker puts up a social distancing sticker at a mall ahead…
  • Viviana Mall uses social media to instill sense of confidence in customers
    11 June 2020, Indiaretailing.com
    In an exclusive interaction with Shopping Centre News Bureau, Manoj K. Agarwal, Chief Executive Officer, Viviana Mall spoke about shopping centres in COVID-19 times, while elaborating on the measures taken by Viviana mall to make it customer-safe post the lockdown period…
  • Tenants continue to spar with malls over rental agreements
    10 June 2020, Indiaretailing.com
    Many stores located in malls remain shut, even as shopping centres start to reopen across the country, as developers and retailers spar over rent. Retailers are asking mall developers to waive rents for April and May and agree to revenue-share deals, as their businesses have been hammered by the lockdown put in place to contain the spread of covid-19…
  • Covid-19 crisis: Malls roll out red carpet but crowds missing on Day One
    09 June 2020, Business-standard.com
    More than 250 malls were operational on Monday across the country. This is a fraction of the 650 plus large malls in India.Rajiv Tandon, a regular at the Select CityWalk Mall in the capital, looked grumpy Monday afternoon. He had managed to grab a few skincare items from the list his wife had prepared, but not everything.Coming out of the Clinique outlet, 48-year-old Tandon from Greater Kailash said it was quite a task spotting an exact product out of dozens of similar looking skincare items. Tandon, who’s been working from home since the Covid-19 outbreak, had to come shopping without…
  • Aarogya Setu mandatory for mall-goers in Hyderabad
    08 June 2020, Newindianexpress.com
    Hyderabadis will have to make a choice between protecting their privacy and satisfying their urge to shop as downloading Aarogya Setu app would be mandatory to enter most malls in the city.HYDERABAD: Hyderabadis will have to make a choice between protecting their privacy and satisfying their urge to shop as downloading Aarogya Setu app would be mandatory to enter most malls in the city.People would also have to book slots online to enter malls and need to have an e-pass as managements have decided to allow only a fraction of their original footfall.This is apart from wearing masks, going through…
  • Delhi malls all set to welcome visitors in a new avatar
    08 June 2020, Economictimes.indiatimes.com
    The malls in Delhi are prepared to offer visitors a whole new shopping experience with meticulous changes, specially crafted to cater to new norms in view of the coronavirus pandemic. The new avatar of malls, however, has to be in complete alignment with the prescribed government guidelines to ensure their smooth functioning. While complying with the government guidelines, malls are also coming up with unique ideas to ensure the absolute safety of the visitors. The Select Citywalk offers disinfection tunnel, DLF Avenue Mall, Saket, will also sanitise the car. Ansal Plaza has prepared itself as per the latest government directives…
  • Cautious visitors as Elante mall, temples open in tri-city
    08 June 2020, Tribuneindia.com
    Multi-layered security set up to ensure safety of visitors at mallsTribune News ServiceChandigarh, June 8Over two months after Covid-19 pandemic resulted in their shutdown, malls, temples and restaurants reopened in Chandigarh on Monday amidst cautious visitors and elaborate sanitisation activity.At one of the biggest malls in the region, the Elante in Chandigarh, very few visitors dropped in during the first few hours. The authorities at the mall have created multi-layered security set up to ensure safety of visitors. “For us footfall doesn’t matter much, safety of the visitors and those having shops and showroom is of utmost importance, ‘’…
  • Delhi malls reopen today but business lean
    08 June 2020, Livemint.com
    The focus remained on the hourly disinfection of the common areas, contact-less shopping and physical distancing Most shops pasted stickers on the floor to help visitors maintain physical distancing and the employees wore masks, face shields and glovesBusiness remained lean as malls and shopping centres in the national capital re-opened on Monday after more than two months, with only a few people stepping out to shop and eat. Though most of the shops, offices and restaurants reopened at Saket’s Select City Walk, one of the prominent malls in the city, only a handful of shoppers visited it in the initial…
  • Disinfection Tunnels, Fewer Food Court Seats: Delhi Malls Plan Reopening
    08 June 2020, Ndtv.com
    Delhi malls reopening: There are special markings on all escalators for social distancing. There will have to be a gap of 3 steps between every two individuals on an escalator. Mall visitors will have to sanitize themselves with sensor-based sanitizer dispensers (Representational)Shopping malls in Delhi will reopen from tomorrow after over two months of the coronavirus lockdown, days after the center allowed malls, restaurants and places of worship to open as part of what it called “Unlock 1”. From disinfection tunnels to social distancing everywhere from floors to escalators – this is how the new mall experience is going to be…
  • Not right time to unlock Delhi: Cong
    07 June 2020, Ptinews.com
    New Delhi, Jun 7 (PTI) The Congress on Sunday said that 25 per cent COVID-19 positivity rate in Delhi indicates the onset of community transmission and this was not the right time to unlock the city. The Delhi government has decided to open restaurants and shopping malls, as well as its state borders from June 8.Senior Congress spokesperson Ajay Maken said it was shameful that the COVID positivity rate in Delhi was the highest in the country and its recovery rate the lowest. This is because Delhi hospitals are in bad shape, he said. It is premature for the Delhi government to…
  • Barring Gurgaon and Faridabad, shopping malls, religious places to reopen in Haryana from June 8
    07 June 2020, Moneycontrol.com
    The timing of opening for all would be between 9 am and 8 pm to ensure compliance of night curfew between 9 pm and 5 am, a statement issued by the government said. The Haryana government has decided to allow reopening of places of worship and shopping malls for public in a regulated manner across the state from June 8, except in Gurgaon and Faridabad districts worst-hit by COVID-19, according to a statement issued here on Saturday. Apart from this, hotels, restaurants and other hospitality services would be reopened with generic preventive measures across the state. The timing of opening for all…
  • With isolation rooms, partition sheets and social distancing markers, malls gear up to reopen
    07 June 2020, Timesofindia.indiatimes.com
    On Sunday, Delhi Chief Minister Arvind Kejriwal announced that malls in Delhi were allowed to reopen from June 8. However, you might have to wait just a little bit longer, as most malls are not planning to reopen for another four-five days. Apart from having various social distancing and hygiene guidelines in place, malls are also planning to rope in hospitals as COVID-19 consultants and have isolation rooms in the mall premises. The Pacific Mall in Dwarka is set to reopen on June 9 and the Pacific Mall in Tagore Garden will reopen on June 13. Select CityWalk and DLF malls are…
  • Delhi malls all set to welcome visitors in a new avatar
    07 June 2020, Aninews.in
    The malls in Delhi are prepared to offer visitors a whole new shopping experience with meticulous changes, specially crafted to cater to new norms in view of the coronavirus pandemic. The new avatar of malls, however, has to be in complete alignment with the prescribed government guidelines to ensure their smooth functioning. While complying with the government guidelines, malls are also coming up with unique ideas to ensure the absolute safety of the visitors. The Select Citywalk offers disinfection tunnels, DLF Avenue Mall, Saket, will also sanitize the car. Moreover, many of the branded garments shops have…
  • Only 22% garment units running despite easing of lockdown, says survey
    06 June 2020, Business-standard.com
    The units are mostly operating at 25% capacity, and many of them are making masks and PPEs to cash in on the Covid-19 market Despite Central and state government relaxations of the lockdown across the country, only 22 percent of the garment factories in India started functioning by end of May. Most of them are making only masks and PPE products to address the Covid-19 market. The Clothing Manufacturers Association of India (CMAI) says, “Contrary to what was expected, the situation has hardly improved even after the easing of restrictions and attempts to open up the Economy…
  • Malls, restaurants, places of worship to open in Kerala from June 9
    06 June 2020, Outlookindia.com
    Thiruvananthapuram, Jun 5 (PTI) Easing the lockdown curbs in accordance with the Centre”s guidelines, the Kerala government on Friday decided to allow functioning of malls, restaurants and places of worship, including the Sabarimala Lord Ayyappa temple, from June 9, but made it clear that the elderly and children will have to stay away from any such places and remain home. The centre had on May 30 issued a notification on easing of restrictions at religious places, shopping malls, restaurants and at public offices from June 8.Chief Minister Pinarayi Vijayan told reporters here that shrines, malls, restaurants and other institutions can open in June…
  • Apparel industry heading for disaster: CMAI survey
    05 June 2020, Fibre2fashion.com
    Unless immediate steps are undertaken to permit unfettered and uniform opening up of all shops, market complexes, and mall (while maintaining social distancing and health check norms), as well as factories, and the banks step in to assist the industry, Indian garment industry is heading towards an unmitigated disaster, a CMAI survey has revealed. Indian garment industry is going through an unprecedented crisis, and millions of jobs are at stake. In such a situation, timely intervention by the Government and Reserve Bank of India (RBI) can save these jobs and help industry to survive, says the survey on ‘How badly has…
  • Over 70 outlet owners say will not open until rent issue is settled
    05 June 2020, Indianexpress.com
    Sources said that several garment outlet owners are also planning to follow suit. At loggerheads with the mall’s management, over 70 food and beverages’ outlet owners of the region’s biggest Elante Mall have announced that they will not open their outlets from June 8, until the mall’s management settles the issue regarding the bills handed to them, pertaining to the rental charges for the lockdown period- April and May. The outlet owners’ decision comes three days before the malls are set to open as per government guidelines. Sources said that several garment outlet owners are also planning to follow suit…
  • Malls, hotels, eateries to open in Chandigarh on June 8, with caution
    05 June 2020, Hindustantimes.com
    Paving the way for opening of hotels, restaurants and malls from June 8, after a gap of more than two months, the UT administration on Friday released the standard operating procedures (SOPs) for them to ensure social distancing and prevent the spread of coronavirus disease. The administration also notified Rs.500 fine on commercial establishments for violation of social distancing norms. The SOPs are based on the central government’s guidelines issued on Thursday…
  • Domestic apparel makers report 84% drop in sale in May as focus shifted to manufacturing masks, says apex body CMAI
    05 June 2020, Retail.economictimes.indiatimes.com
    The survey also noted that the domestic apparel business saw “zero” production of regular products this May. Only 22% of the garment factories across the country are operational currently, it said. Bengaluru : Domestic apparel makers have noted a sales drop of 84% during the month of May over the same period last year, predominantly as some factories shifted business focus to manufacturing masks and PPE products, said the Clothing Manufacturers Association of India ( CMAI ) that represents leading firms including Aditya Birla Fashion and Lifestyle, Arvind Fashions, Future Group, Shoppers Stop and Raymond. A survey conducted by the apex body…
  • Eating out to become a lonely experience
    05 June 2020, Retail.economictimes.indiatimes.com
    As restaurants, malls and hotels gear up to throw open their doors next Monday, after more than two months of the Covid-imposed lockdown, restaurants, from KFC and Mainland China to Punjab Grill and their five-star brethren at Taj and ITC Hotels, are drawing up plans to keep diners safe.NEW DELHI: From having to park your car without a valet to not speaking to the waiter, your dine-in experience across fast-food chains and five-star hotels is set to get solitary with more emphasis on healthy food and less on human interaction.As restaurants, malls and hotels gear up to throw open their…
  • Indian retail must bank on consumer optimism, safe shopping and driving consumption for revival
    03 June 2020, Retail.economictimes.indiatimes.com
    Retail not only contributes 10 percent to India’s GDP but also to the lives of more than 45 million Indians who are employed in retail. Discretionary categories – such as apparel, jewellery and watches, electronics and appliances, health and beauty – which were at a complete pause, alone employ 20-25 million Indians directly by: Pinakiranjan Mishra The Covid-19 pandemic is an unprecedented experience for mankind. It has had a huge impact on our physical, psychological and economic behaviours, which will forever change the way we interact, go out, entertain and shop. With Lockdown 5 being announced from June 1, a new…
  • Retailers avoid discounting to meet social distancing norms
    03 June 2020, Economictimes.indiatimes.com
    “We expect only serious shoppers to visit malls, discounts could attract a larger set of consumer base. Overcrowding is the last thing we want from a safety standpoint,” said J Suresh, chief executive officer at Arvind Fashions, which manages over two dozen brands including Calvin Klein, Tommy Hilfiger and Arrow. Mumbai/New Delhi: When malls open next week, it’s unlikely that apparel and lifestyle retailers will offer discounts – even after being saddled with unsold inventory – for fear that rebates could lead to a surge in footfalls and jeopardize social distancing norms “We expect only serious shoppers to visit…
  • Covid-19 impact: Fashion brands and retailers ask malls to reduce rent till business returns to normal
    03 June 2020, Retail.economictimes.indiatimes.com
    Retailers had written to the malls in the second week of April 2020 wherein relevant signatories of the said communication had appealed to for a complete waiver of rent and CAM for the period of Covid-19 led lockdown and for a reduced rent for a period of 9 months post the opening of the lockdown.India is weathering an economic crisis, like the rest of the world and so are leading brands, who have temporarily lost their customers to the pandemic. And, in order to provide some relief to the customers, brands and retailers have requested the malls to close the…
  • Park+ showcases tech-powered social distancing solution for malls
    03 June 2020, Timesofindia.indiatimes.com
    NEW DELHI: Park+, a smart parking start-up, on Wednesday introduced tech-driven social distancing solutions for malls as the country stares at gradual unlocking. The newly-launched solutions are aimed at preparing malls for a post-COVID-19 world that will call for safety and hygiene measures. Park+ app will enable the mall personnel to check in and out customers and simultaneously track and check their body temperatures. In addition to this, customers will also have to scan a QR code before entering or leaving a shop, which will keep a live count of customers in every story. Depending upon the count customers will be able to…
  • COVID-19 fight | Retailers cite lack of support from banks: Survey
    03 June 2020, Moneycontrol.com
    The survey suggests public sector banks have been comparatively more helpful than private banks.A recent survey conducted by the Retailers Association of India (RAI) among more than 300 retailers has revealed that they have received little or no financial support from banks to recover from the impact of the COVID-19 crisis when they needed it. The survey suggests public sector banks (PSBs) have been comparatively more helpful than private banks. While around 52 percent of respondents are satisfied with the financial support and services extended by PSBs during COVID-19, almost an equal percentage are dissatisfied with private banks. Close”Retailers selling both essential and…
  • BMC issues circular on lockdown relief in 3 phases
    03 June 2020, Hindustantimes.com
    Even as chief minister Uddhav Thackeray made a plea to citizens to stay indoors in view of the Cyclone Nisarga, the BrihanMumbai Municipal Corporation (BMC) late on Tuesday evening issued detailed guidelines to ease restrictions in Mumbai, as part of lockdown 5.0 in light of the Covid-19 outbreak. In tandem with the Maharashtra government’s ‘Mission Begin Again’ announced on May 31, BMC has allowed easing of restrictions in a three-phased manner, from June 3, June 5, and June 8. Municipal commissioner IS Chahal, who issued the circular, said, “We will follow government orders.” He implied that people should stay at home…
  • Andhra Pradesh gears up to unlock restaurants, malls, places of worship on June 8
    02 June 2020, newindianexpress.com
    VIJAYAWADA: The Andhra Pradesh government on Monday extended the lockdown in containment zones till June 30 and paved the way for phased reopening (unlock 1) of activities in non-containment zones as per the Central government’s guidelines. Fines will be imposed for spitting and not wearing a mask in public places, and physical distancing will be mandatory. In the first phase of reopening, which will start from June 8, places of worship, hotels, restaurants, other hospitality services, and shopping malls will…
  • Suggestion of How to Open Large Malls Safely
    02 June 2020, Timesofindia.indiatimes.com
    RA James | Nesco It Park, Goregaon East, NESCO, Goregaon, Mumbai, Maharashtra 400063, India | Jun 2, 2020, 06.01 AM IST Post police at the entries to monitor the no. of patrons. Establish a max occupancy for each mall by taking the total common area sq. ft & calculating 1 1/2 m distance between patrons. Use sanitizers, temp checks & sanitizing tunnels in & out. Cinema’s Food Courts and Mall Restaurants allowed at 50% occupancy with PPE protocols for staff and patrons…
  • ‘We expect vacancy levels to go up in all the malls’
    02 June 2020, Livemint.com
    ‘Mall owners have to reduce rental expectations for the next few months. They can consider reducing the common area maintenance charges. For new retailers, they may have to come up with some subsidies’ NEW DELHI: The Indian real estate market is in a tough place, particularly the retail segment. Even as malls prepare to re-open next week, one isn’t sure if footfalls would be back. That is bad news for retailers, many of whom are likely to go bankrupt. Ramesh Nair, CEO and country head of real estate services firm JLL India suggests what mall owners can do to lessen the…
  • Unlock 1.0: Local stores show faster sales recovery than organised retail: Report
    02 June 2020, Moneycontrol.com
    Digital payments player Innoviti says segments such as fashion, apparel and jewelry are still running short of January transaction numbers. Neighborhood departmental stores and small shops could bounce back faster with higher sales and transactions in comparison to organized retail, as the country slowly opens up after months of lockdown due to COVID-19. Bengaluru-based digital payments player Innoviti Payments said smaller stores were doing three to four times of sales compared to larger organized retail as India entered into Unlock 1.0.“Within two weeks of lockdown opening, the sales in small shops in these (consumer durables) categories jumped to 44 percent of…
  • Retailers struggle to comply with independent state regulations
    02 June 2020, Cnbctv18.com
    As India begins easing out lockdown regulations in several areas, retail trade is struggling to align itself with the multiplicity of regulations in different states. As per the government notification, the Ministry of Home Affairs has allowed states to open retail stores as per independent guidelines. This means that retailers will now have to operate as per independent state-specific regulations. As India begins easing out lockdown regulations in several areas, retail trade is struggling to align itself with the multiplicity of regulations in different states. As per the government notification, the Ministry of Home Affairs has allowed states to open retail…
  • Select Citywalk Gearing Up For Post-Lockdown Opening: Yogeshwar Sharma, CEO
    02 June 2020, Outlookindia.com
    When the huge mall opens post lockdown, it will be taking stringent measures to ensure social distancing and safety practices for visitors. Malls, eating out, shopping, and watching movies have become an integral part of India’s urban life. But with the lockdown restrictions, people are confined to their homes and yearning to go out. In an interview, Yogeshwar Sharma, Executive Director and CEO of Select Infrastructure Private Limited, speaks to Outlook ’s Jyotika Sood on how Delhi-NCR’s famous mall, Select Citywalk, is gearing up to open post lockdown. Edited excerpts: How is Select City Walk preparing itself for the post-lockdown scenario?…
  • Malls, restaurants, religious places to stay shut
    02 June 2020, Hindustantimes.com
    In its order charting out guidelines for further relaxations during the ongoing nationwide lockdown, the Delhi government Monday said shopping malls, places of religious worship and restaurants would remain closed for now, even though the guidelines issued by the Centre on Saturday provides room for states to allow these to open from June 8. While senior officials in the Delhi government maintained that a review meeting is likely on June 7, following which a fresh order concerning malls, restaurants and places of religious worship may be issued, several prominent malls, restaurants and religious places in the city have their plans ready…
  • Retailers to gain from easier norms, recovery longer for malls, multiplexes
    02 June 2020, Business-standard.com
    The relaxation also comes as a relief given that consumption segments were impacted by the slowdown even prior to Covid-19Led by stocks in the consumer discretionary segments, the BSE 500 posted a 2.5 per cent gain in trade on Monday. The increase in stock prices of companies in retail, hotels, quick service restaurants and multiplexes was due to expectations that lockdown relaxations in non-containment zones will boost demand. These segments were the worst affected by the lockdown in place since March 23. The Ministry of Home Affairs allowed shopping malls, hotels, restaurants and other hospitality services to reopen from June 8…
  • Retailers want uniform operating rules for all retail shop formats
    02 June 2020, Thehindubusinessline.com
    Mall, restaurant owners seek clarity from States. As States begin setting new norms for opening of malls and dine-in services in restaurants from June 8 in non-containment zones, in line with the Ministry of Home Affairs’ guidelines, industry associations have pointed to a slew of challenges in implementing the new norms. The Retailers Association of India (RAI) believes that instead of asking States to open various formats of retail stores as per their own independent guidelines, a uniform set of standard operating procedures should be implemented across the country. Kumar Rajagopalan, CEO, Retailers Association of India, said, independent guidelines from States have led…
  • Retailers, mall owners now willing to resolve differences over rentals
    02 June 2020, Business-standard.com
    Malls will reopen on June 8 in most parts of the country barring Mumbai, where the state government has decided against it for now. After a standoff of nearly two months, retailers and mall owners are now willing to resolve their differences with regard to rentals. This comes as the Unlock 1.0 phase is set to see a gradual reopening of various activities. Malls will reopen on June 8 in most parts of the country barring Mumbai, where the state government has decided against it for now. This is owing to the rising coronavirus (Covid-19) cases in the city. Given that there…
  • Delhi opens doors, shuts out neighbours
    02 June 2020, Hindustantimes.com
    Delhi has eased restrictions on shops and markets and allowed salons to open, but at the same time put stringent curbs on interstate travel for a week while deciding against opening malls and places of worship, chief minister Arvind Kejriwal said on Monday, aiming to strike a cautious balance and protect the city’s health care resources on the day coronavirus disease (Covid-19) cases in the Capital crossed the 20,000-mark. Two days after the central government allowed the opening of religious places, malls and hotels and dine-in restaurants from June 8, the Delhi government’s guidelines, for now, did not approve any of…
  • States Rush to Identify High-risk Zones to Remain in Lockdown as India Gears up for Unlock Phase 1
    02 June 2020, News18.com
    Indian states on Sunday began identifying high-risk zones where coronavirus lockdowns should continue while the rest of the country gears up to reopen in June despite a record rise in COVID-19 cases, officials said. The Centre has extended lockdown until June 30 in so-called containment zones that should remain under lockdown because they continue to report a high number of infections. But restaurants, malls and religious buildings are permitted to reopen elsewhere from June 8 as India loosens the world’s longest lockdown…
  • Govt. rejects Flipkart’s proposal for entering food retail sector
    02 June 2020, Thehindu.com
    The Department for Promotion of Industry and Internal Trade (DPIIT) has rejected Walmart-backed Flipkart ’s proposal seeking approval for entry to the food retail sector citing a regulatory issue, an official said on Monday. The government permits 100% foreign direct investment in food retail for food produced and manufactured in India. Last year, the company had set up a new local entity — Flipkart Farmermart — to focus on food retail in India and had applied for requisite licenses from the government. Flipkart Group CEO Kalyan Krishnamurthy, at that time had said that the move was an important part of the company’s efforts to…
  • What does the future hold for shopping malls, eating districts and cinema halls? DLF’s Sriram Khattar explains
    02 June 2020, Economictimes.indiatimes.com
    ‘We worked a lot in terms of reducing our own costs’ Do not look at the future of our businesses from the spectrum of the current situation, says MD, Rental Business From June 8, shopping malls are supposed to reopen in every state. We saw an absolute mess when it came to the aviation sector and it took a while to get all states on board. Tell us when it comes to shopping, what is the situation? It is a typical centre versus states situation. The centre gives the guidelines and then leaves it to the states to decide…
  • Plastic trash piling up amid COVID, Telangana govt says use paper slips at ATM, shops
    01 June 2020, Deccanchronicle.com
    The government will release guidelines on the use of paper slips and the mechanism to collect them, by June 7. Hyderabad: In order to minimize the use of non-biodegradable waste, the state government has decided to replace plastic hand gloves with paper slips. Paper slips, wrapped around a finger, are to be used in ATMs, while making point of sale (PoS) transactions, and using touch screens in offices and commercial outlets. The Greater Hyderabad Municipal Corporation (GHMC) has already worked on a few modalities and sent them to the municipal administration and urban development (MA&UD) department for implementation in all urban…
  • Unlock 1.0: Shoppers may stick to online shopping
    01 June 2020, Livemint.com
    Though the first phase of Unlock 1.0, after the 68-day lockdown in the wake of covid-19, will see the reopening of stores and shopping malls from 8 June, people might not be ready to return to the shops just yet. According to a survey by CashKaro, over 80% shoppers intend to steer clear of physical shops for the next few months and shop online instead, in order to maintain the social distancing protocol. CashKaro interviewed 8,000 respondents for the survey. What is likely to service their needs in the interim…
  • From income tax to trains: Here’re 5 key changes that come into effect from June 1
    01 June 2020, Timesnownews.com
    Government and private passenger buses will operate from June 1 in Himachal Pradesh. Public transport will resume with reduced services within districts in Tamil Nadu. New Delhi: As ‘Unlock’ begins in the country on Monday, several things will change across the country. from hike in fuel prices to the resumption of several trains and domestic flights, a lot of key changes will come into effect from June 1. The government’s ambitious One Nation, One Ration Card scheme providing subsidized food grains to 81 crore people of the country will be implemented in 20 states and Union territories of the country…
  • Bengal extends lockdown till June 15; allows TV, cinema production from June 1
    01 June 2020, Newindianexpress.com
    The West Bengal government on Saturday extended the lockdown in the state up to June 15 with further relaxations and certain condition, which included nod to indoor and outdoor activities related to TV and cinema production, barring reality show production, from June 1.The announcement came ahead of the end of the fourth phase of the countrywide lockdown on May 31.During the day, the union home ministry said the nationwide lockdown in containment zones would continue till June 30 and announced extensive…
  • The Huffington Post India
    01 June 2020, Huffingtonpost.in
    The Ministry of Home Affairs allowed re-opening of malls, restaurants and so on from June 8, while lockdown was extended to June 30 for containment zones. The Ministry of Home Affairs announced on Saturday a phased reopening of several establishments and institutions in lockdown 5.0. The current lockdown, announced last month, will end on Sunday. This comes even as India saw the biggest jump in the number of coronavirus cases on Sunday with 8,380 new cases. Among the measures announced were reopening of restaurants, malls and religious buildings in three phases. This will only be outside of containment zones. Meanwhile, the MHA said that…
  • Lockdown eased but India Inc awaits cues from states to recalibrate business
    01 June 2020, Livemint.com
    Companies will require about three to six months of uninterrupted runway to potentially reach a pre-pandemic level of business activity following the latest easing of lockdown curbs in place. Industry representatives, who spoke to Mint, said apart from lack of demand and labour shortage, the varying rules of operations in different states remain a key factor and could lengthen the road to recovery. On Saturday, the central government announced a phased lifting of the lockdown, in place…
  • Covid-19: What’s Allowed And What’s Not As Maharashtra Eases Curbs
    01 June 2020, Bloombergquint.com
    Maharashtra, the state with the highest number of confirmed Covid-19 cases in India, extended the lockdown till June 30 but eased restrictions starting June 3 in a phased manner. The new guidelines to be rolled out in three phases, under ‘Mission Begin Again’, allow activities like cycling and jogging in open spaces and let self-employed workers and technicians operate, according to a state government order. In addition to what is already permitted, the state expanded the list of activities allowed, but with restrictions, in municipal corporations of Mumbai Metropolitan Region, Pune, Solapur, Aurangabad, Malegaon, Nashik, Dhule, Jalgaon, Akola, Amravati and Nagpur. Schools, colleges…
  • COVID-19 cases in country rise to 1,82,143 as fourth phase of lockdown ends; WHO says India now world’s seventh worst-hit country
    01 June 2020, Firstpost.com
    As the fourth phase of the nationwide lockdown due to coronavirus draws to a close, the total number of COVID-19 cases in the country has risen to 1,82,143 and the number of deaths has risen to 5,164. India has now become the world’s seventh worst-hit country in terms of coronavirus cases, according to the World Health Organization’s coronavirus tracker. The US, Brazil, Russia, UK, Spain and Italy are the countries that have reported more cases than India as of now. Meanwhile, several states announced that they would extend the lockdown till the end of June, albeit with some relaxations…
  • Lockdown 4.0 ends, states come with varied guidelines to ease more curbs; PM cautions against laxity in COVID-19 fight
    01 June 2020, Outlookindia.com
    State governments on Sunday came out with varied ‘Unlock1’ guidelines including on allowing inter-state travel even as Maharashtra, Tamil Nadu and Telangana extended the lockdown till June 30 with several relaxations, a day after the Centre eased the 68-day shutdown curbs significantly with an economic focus. As India climbed to seventh position in the global COVID-19 tally, Prime Minister Narendra Modi cautioned people against showing any laxity in the fight against COVID-19 and asked them to be “extra alert and careful”, while acknowledging that the…
  • After Covid-19 lockdown, plan to unlock India in phases
    31 May 2020, Hindustantimes.com
    Places of worship, shopping malls, and hotels and restaurants can open from June 8, the Union home ministry said on Saturday, releasing details of the first of a three-phase plan aimed at lifting stringent restrictions imposed over two months ago to stop the spread of the coronavirus disease (Covid-19). The plan, called Unlock 1.0, also removes restrictions on inter- and intra-state travel…
  • The future of Indian retail post-Covid
    30 May 2020, Thehindu.com
    The lockdown is easing in several parts of the country and non-essential shops are getting back in business. But after having to shut shop for close to three months, it can never be ‘business as usual’. Retailers have returned to markets where people can no longer crowd into shops, where eager shoppers won’t be window-shopping and jam-packed malls are a thing of the past…
  • Lockdown 5.0: In ‘exit plan,’positive sign for Metro, malls, restaurants
    29 May 2020, Mumbaimirror.indiatimes.com
    Three days ahead of completing 68-day countrywide lockdown, the Centre is learnt to have come up with a roadmap of an exit plan from the crisis in its fourth extension of the restrictions ‘5.0’which may allow malls and restaurants to reopen and limit restrictions only in containment zones.Other activities expected to get the government nod could include movement of DelhiMetro and opening of more markets. There is a possibility of allowing religious places to function. But social distancing norms, use of face cover and Aarogya Setu mobile app would be the key entry tickets everywhere…
  • Goa CM bats for COVID-19 lockdown extension; wants malls, gyms to open
    29 May 2020, Ucnews.in
    Goa Chief Minister Pramod Sawant on Friday said the current phase of lockdown, slated to end on May 31, should be extended till June 15 considering the overall COVID-19 scenario in the country, where the case count has crossed the 1.6 lakh-mark.Sawant, who spoke to Union Home Minister Amit Shah over the phone on Thursday, said during the conversation he suggested lockdown extension for another 15 days, but sought relaxations for Goa during the period.The chief minister said Goa will pitch for relaxations like allowing reopening of malls, restaurants and gyms in the state during the lockdown period…
  • Positive sign may come for malls and metro in Lockdown 5.0
    29 May 2020, Indiaupdates.in
    Three days ahead of completing 68-day countrywide lockdown, the Centre is learnt to have come up with a roadmap of an exit plan from the crisis in its fourth extension of the restrictions ”5.0” which may allow malls and restaurants to reopen and limit restrictions only in containment zones.Other activities expected to get the government nod could include movement of Delhi Metro and opening of more markets. There is a possibility of allowing religious places to function…

  • Brands ask malls to reduce rent till business gets back to normal

    29 May 2020, Socialnews.xyz
    By Sanjeev SharmaNew Delhi, May 29 (SocialNews.XYZ) Brands and retailers have asked the malls to close the commercial agreements with reduced rents linked to the trading density of the malls.A formula has been proposed in order to simplify the process and speed up the discussions, called as the Red-Orange-Green approach that will distribute the burden.Video Player is loading…
  • Covid-19 Lockdown may be confined to 13 cities; hotels & malls could open
    29 May 2020, Tech.economictimes.indiatimes.com
    There is a possibility of the PM touching upon some of these issues regarding the next phase of the lockdown in his Mann Ki Baat on Sunday, though a final call is yet to be taken.The Centre is working on new guidelines that will remove lockdown restrictions from most parts of the country, barring 13 cities, from June 1. Hotels, malls and restaurants are also likely to get the go-ahead, officials told ET…
  • Delhi govt mulls opening religious places, shops in malls on odd-even basis after May 31
    29 May 2020, Timesnownews.com
    Delhi government is likely to open shops in malls and neighbourhood religious places after May 31 on an odd-even basis.New Delhi: Delhi government is mulling opening religious places, shops in malls on the odd-even basis and extending market timings after May 31, when the ongoing nationwide lockdown is scheduled to be lifted. However, the Delhi government remains insistent on not opening cinema halls and educational institutions yet, said sources.According to reports, a large number of famous religious places, including Jama Masjid, Akshardham Temple and Gurdwara Bangla Sahib, are likely to remain closed…
  • Reopen the malls, spare real estate
    29 May 2020, Economictimes.indiatimes.com
    Restaurants in shopping malls are reportedly looking at moving out of these precincts that have been shut due to the pandemic-induced lockdown. That is needless pain for the real estate industry. Malls should be allowed to reopen. Regulating the number of people allowed inside the mall, and diligently following safety protocols that include maintaining social distancing, proper sanitation and air-conditioning will bring down the risk of contamination…
  • RIL retail arms hand exit notice to Nexus Malls
    29 May 2020, Economictimes.indiatimes.com
    The ongoing tussle between malls and retailers about rentals during the lockdown period has now pitted India’s largest retailer by revenue and number of stores against a private equity (PE) giant. New Delhi: The ongoing tussle between malls and retailers about rentals during the lockdown period has now pitted India’s largest retailer by revenue and number of stores against a private equity (PE) giant. Reliance Retail and Reliance Brands Ltd have jointly served termination notices, ending leases of dozens of outlets in nine of the Blackstone-owned Nexus Malls, according to three people familiar with the development…
  • All shops to be open in Telangana, no lockdown extension likely
    28 May 2020, Deccanchronicle.com
    Malls, cinema theatres, function halls will remain closed neverthelessHyderabad: Hinting that there would be no further extension of lockdown in the state beyond May 31, Chief Minister K. Chandrashekar Rao on Wednesday said that people should not be scared of Coronavirus as its the rate of infection was not alarming despite easing of lockdown restrictions.At a high-level review meeting with senior officers at Pragathi Bhavan, the Chief Minister has decided to allow all shops to function every day in Hyderabad from Thursday instead of the odd-even method devised earlier…
  • COVID-19: All shops, except malls can now open in Telangana
    28 May 2020, Newindianexpress.com
    ‘Let there be more shops but customers should be careful at avoiding crowding, Chief Minister K Chandrasekhar Rao said.HYDERABAD: The Telangana government has given permission for all types of shops to open for business except malls from Thursday. Chief Minister K Chandrasekhar Rao on Wednesday took a decision to this effect at a review meeting here.“Let there be more shops but customers should be careful at avoiding crowding,” the CM said. Telangana Formation Day to be a low-key affair…
  • Centre Asks States to be More Strict in Containment Zones, May Reopen Gyms But Not Malls in Lockdown 5
    28 May 2020, Dailyhunt.in
    In the run-up to the end of the fourth phase of the nationwide lockdown, Cabinet Secretary Rajiv Gauba held a video conference with municipal commissioners and district magistrates of 13 Covid-19 hit cities that have contributed to more than 70 per cent of the cases in the country. Central government officials said that in the meeting, the Cabinet Secretary reiterated the need to seal the containment zones where a number of cases is the highest, and took suggestions from states to decide the strategy from June 1.’The cities were advised that the area (containment area) should be appropriately defined by the district…
  • Centre Likely to Extend Lockdown by 2 More Weeks, Focus to be on 11 Cities With 70% of India’s Cases
    28 May 2020, Msn.com
    Editor’s Note: Help fight the COVID-19 crisis by supporting Akshaya Patra provides meals and grocery kits to those most in need at this crucial time. Donate here for the cause (you will be directed to the Akshaya Patra site). The central government is likely to extend the lockdown in some form by another two weeks after May 31 to stop the spread of coronavirus to but there could be even more relaxations in the offing…
  • NRAI initiates dialogue with mall owners for revenue share model
    27 May 2020, Outlookindia.com
    New Delhi, May 27 (PTI) Restaurant players have started a dialogue with mall owners to explore new ways of engagement like revenue share model in the post-COVID-19 period, the National Restaurant Association of India (NRAI) said on Wednesday. The NRAI explained that restaurants do not expect the business volume in the post-pandemic period to be more than 30 per cent to 40 per cent of the pre-lockdown numbers…
  • Retailers say won’t reopen shops in malls that won’t give rental relief
    27 May 2020, Textilevaluechain.in
    Around 200 retailers and restaurants have decided not to reopen their stores in malls that don’t heed to their plea to renegotiate rents and move to a flat revenue-sharing arrangement for some months whenever the shopping centres opens after the Covid-19 crisis.“This group has taken a decision not to open their stores till they (malls) give relief,” said the CEO of a brand who requested not to be identified…
  • Retailers with less than Rs 100 cr turnover wants MSME tag
    27 May 2020, Textilevaluechain.in
    Retailers with annual revenue of less than Rs 100 crore, comprising more than 80% of India’s overall organised retailers, have urged the government to classify them as MSME (micro, small and medium enterprises) so that they can also take advantage of the Covid-19 stimulus packages. Last week, finance minister Nirmala Sitharaman spelt out a raft of measures to help the ailing MSMEs, including collateral-free loans up to Rs 3 lakh crore backed by a government guarantee, repayment of dues within next 45 days and change in the definition of these businesses…
  • Lockdown impact: Restaurant body asks mall owners for rental waiver
    27 May 2020, livemint.com
    The industry body expressed two concerns — waiver of charges of rentals and a revised revenue-sharing model NRAI doesn’t expect the volume of business in the post-pandemic period to be more than 30% to 40% of the pre-lockdown numbers NEW DELHI: The National Restaurant Association of India (NRAI) on Wednesday said it has asked mall owners to waive off rentals during the lockdown period and even renegotiate commercial terms going forward as the protracted closure of malls continues to impact the business…
  • Lockdown 4.0: Stand-off between retailers and malls over rentals worsens
    27 May 2020, Business-standard.com
    At the heart of the matter are revenue-share rental agreements that retailers are mooting over fixed-rent contracts that they say are unsustainable. A new flashpoint has erupted in the ongoing tussle between retailers and mall owners over rentals, this time over modifying rent pacts as the lockdown eases in many states. At the heart of the matter are revenue-share rental agreements that retailers are mooting over fixed-rent contracts that they say are unsustainable, given the revenue loss they’ve suffered during the lockdown…
  • Sale of Premium Brands of Liquor to Be Allowed in Malls Across UP
    26 May 2020, Thequint.com
    Premium brands of alcohol will now be available for purchase in air-conditioned malls in Uttar Pradesh. The UP cabinet has cleared ‘The Uttar Pradesh Excuse (settlement of Licences for Premium Retail Vends of Foreign Liquor) Rules, 2020 which permits the sale of certain categories of liquors.“So far, foreign liquor is being sold in retail shops and model shops. Earlier, there was no provision for sale of foreign liquor in malls. Licenses in form F.L-4-C will be granted for retail sale of foreign liquor in sealed bottles in malls…
  • COVID-19 Non-essential shops to open from June 15 as UK eases lockdown
    26 May 2020, Theweek.in
    The UK government has set June 15 for the reopening of all non-essential retail stores within a COVID-19 compliant setting as the lockdown to control the spread of the coronavirus is eased in stages. British Prime Minister Boris Johnson announced the timeline at the daily Downing Street press conference on Monday night, stressing that the move remains contingent on continued progress in keeping the infection rate of the deadly virus down and retailers adhering to new guidelines to protect shoppers and workers…
  • JioMart likely to become one of the key players in e-commerce grocery: Edelweiss Securities
    26 May 2020, Economictimes.indiatimes.com
    ‘Specialist players like Grofers and Bigbasket.com will be impacted’ The service levels and the product catalogue of JioMart will have to be superior to really be very successful, says Abneesh Roy, senior VP, institutional equities. I was seeing a tweet from Damodar Mall who is the CEO of the grocery business of Reliance Retail and he says that never waste a crisis. Alibaba also flourished starting from the SARS crisis. Given that JioMart kicked off at a time like this and they have started with a pilot project in Mumbai. Now they are delivering to more than 200 cities…
  • India cannot afford brakes on consumption, says Sadashiv Nayak, CEO of Big Bazaar
    26 May 2020, Freepressjournal.in
    File image for one of the largest employers – the retail sector – the lockdown period is no more than a challenge. On the one hand, it has to serve their customers and on the other hand, it has to keep its employees safe. To top it all, it has had to engage with all stakeholders to make the journey smooth. One player that has managed to look at the opportunities rather than the challenges is Big Bazaar…
  • It is time to open up the malls
    26 May 2020, Freepressjournal.in
    Food and ‘essentials’ contribute to around 50% of the total Retail; ‘non-essentials’ contribute to the other 50%. Not opening ‘non-essentials’ directlyimpacts 20-25 million employees and perhaps 125 million of their family members. ANI The logic of keeping malls shut when the rest of retail is being allowed to re-open in bits and pieces as part of the easing up in Lockdown 4.0, is something I cannot fully comprehend. Even e-commerce has been opened up for both essentials as well as non-essentials, in all of green, orange and red zones, just keeping containment areas out-of-bounds. So, why the step-motherly treat…
  • You can now buy liquor in UP malls. But here’s the catch
    24 May 2020, Millenniumpost.in
    The Uttar Pradesh government has allowed the sale of certain categories of liquors in malls within the state amid the lockdown to clamp the spread of the coronavirus disease (Covid-19). Sanjay R Bhoosreddy, the excise department’s principal secretary, said in a statement that the state cabinet has approved the Uttar Pradesh Excise (Settlement of Licenses for Premium Retail Vends of Foreign Liquor) Rules, 2020. Bhoosreddy said so far foreign liquor was being sold only in retail shops and model shops.”Earlier there was no provision for sale of foreign liquor in malls…
  • Hopes of hospitality players fly high as flights resume from May 25
    24 May 2020, Msn.com
    Facing losses of approximately Rs 150 crore and grappling with large-scale migrant exodus, the hospitality industry is hoping for a revival after the long-drawn Covid-19 lockdown as domestic flights resume from Chandigarh from May 25. Hotels and restaurants in the city, except those home delivering food, have been closed since March 22 even though other commercial establishments have opened in lockdown 4.0.”If the Central government is allowing travel by train, road, and now air, then hotels and restaurants should also be allowed to open. We foresee that eventuality,” says Manmohan Kohli, chairman, Hotel, and Restaurant Association of Chandigarh (HRAC)…
  • What to watch out for when you go back to the mall
    24 May 2020, Deccanchronicle.com
    As all central AC systems are shut, moulds growing in damp and humid spaces could cause respiratory and other illnesses when malls are allowed to reopen as soon they will be it’s not just the novel coronavirus shoppers will have to guard against, but an equally insidious threat, moulds. Moulds are fungi that grow in damp and humid spaces like AC ducts in malls…
  • Lockdown 4.0: Ambiguity in local level interpretation of laws a challenge for retail industry
    24 May 2020, Thehindubusinessline.com
    Lockdown 4.0 guidelines which allow opening of non-essential stores, depending on their locations and State government directives, have so far been a mixed bag for the retail industry…
  • Karnataka: Wait for window shopping in malls may get longer
    24 May 2020, Dailypioneer.com
    BENGALURU: Strolling and window shopping in malls, indicators of normalcy, may not happen any time soon in the city, going by industry experts who say will open only in a graded manner…
  • From now, shop for top IMFL brands at malls
    24 May 2020, Dailypioneer.com
    In a move to promote costly branded liquor, the Uttar Pradesh government has allowed certain categories of India-Made Foreign Liquor (IMFL) to be sold at shops in malls of the state. The state cabinet approved the UP Excise (Settlement of Licenses for Premium Retail Vends of Foreign Liquor) Rules, 2020 late on Friday night, paving the way for sale of certain categories of liquors in malls. Principal Secretary (Excise) Sanjay R. Bhoosreddy said on Saturday that so far IMFL was being sold in retail liquor vends and model shops and there was no provision for sale of IMFL in shopping malls…
  • Malls may not be as cool when they reopen for biz
    24 May 2020, Timesofindia.indiatimes.com
    Chennai: For 31-year-old Durgesh Haridas, summers have always been about beating Chennai’s heat in the air-conditioned malls. Once the lockdown ends, however, he may think twice before entering them as malls will be completely different in the post-Covid world and air-conditioning may not be their strongest attraction. Closed for around two months now, companies running malls have chalked out a detailed strategy for physical distancing, disinfection, use of air-conditioners. When malls in the city reopen after the government gives a green signal, you can’t enter them without a mask or if the thermal CCTV cameras sense an abnormally higher body temperature…
  • Sale of premium brands of liquor to be allowed in malls across Uttar Pradesh
    24 May 2020, Timesofindia.indiatimes.com
    LUCKNOW: It will now be possible to purchase premium brands of liquor, wine and beer from the comforts of an air-conditioned mall in Uttar Pradesh. The UP cabinet has cleared ‘The Uttar Pradesh Excise (Settlement of Licenses for Premium Retail Vends of Foreign Liquor) Rules, 2020’, which will now allow the sale of certain categories of liquors in malls within the state. Liquor can be sold in standalone shops or in multi-product chains and supermarkets, as are available in airports or cities like Gurugram and Goa. The government has also reduced the permissible loss in re-distillation of liquor from the earlier…
  • BoF’s Imran Amed: fashion’s survival guide
    23 May 2020, Thehindu.com
    One of the most severely impacted industries from the coronavirus pandemic is global fashion. With $2.5 trillion in global avenues revenues, and employers to millions of people worldwide — in India apparel is said to employ anywhere from 45 to 65 million — it faces an unprecedented crisis in not just both supply and demand, but also in terms of conscience. It is, after all, the second most polluting industry in the world. To discuss the state of the global fashion industry, Weekend spoke to Imran Amed, founder and CEO of Business of Fashion (BoF). One of the most influential people…
  • Mumbai: Malls make special preparation to reopen after lockdown
    23 May 2020, News.abplive.com
    Despite many relaxations provided to different types of shops in Lockdown 4.0, malls across India remain shut. Now, malls in Mumbai are making special preparations so that they are fully prepared to handle the public when they reopen. Watch this special report from R City Mall in Mumbai where special precautions are being undertaken to ensure that people maintain social distancing and the mall premises are kept sanitized at all times…
  • Can Govt Legally Do Away With Social Distancing Norm Inside Aircraft?
    23 May 2020, Outlookindia.com
    Some experts say that it is not financially viable to enforce social distancing norms in aircraft as airline operations will run in losses. The Ministry of Civil Aviation (MoCA) while addressing a press conference on May 21 said that maintaining social distancing is not possible inside an aircraft. The guidelines issued by the MoCA to resume domestic air operations also did not mandate the social distancing. However, it has underlined all other measures required to stop the spread of virus at the airports to ensure that no infected person enters the cabin. Some experts say that it is not financially viable to enforce…
  • Yogeshwar Sharma, Executive Director and CEO, Select Infrastructure resigns
    23 May 2020, Indiaretailing.com
    “After, noteworthy association of 15 years, Yogeshwar Sharma has resigned from the position of CEO & Executive Director. We are extremely appreciative of his efforts and his strategic thinking that have helped Select CITYWALK to deepen its relationships with our valued partners, making us the one of the most admired shopping centre and build an amazing team to carry forward our business successfully,” said Arjun Sharma, Chairman, Select Group…
  • Odd-even goes for a toss on Day 3 too
    22 May 2020, Timesofindia.indiatimes.com
    GHMC officials are finding it hard to implement the odd-even plan for shops in the city. On third day too, the plan went for a toss as many shops and establishments adjacent to each other remained open. Clothing stores like South India Shopping Mall in Gachibowli and Chennai Shopping Mall in Mehdipatnam reopened. “Unlike regular shopping malls, the clothing outlets which are open do not have multiple stakeholders and are operating from standalone buildings. As per norms, it is not a violation,” said GHMC commissioner DS Lokesh Kumar. GHMC was, however, unable to mark all the shops in the city even on…
  • Foot pedals replace buttons in Bangkok mall elevator
    21 May 2020, Ianslive.in
    Foot pedals have replaced the conventional buttons in elevators of a mall in Bangkok with an aim to contain the spread of the COVID-19. To get full access to the story, click here to subscribe to IANS News Service© 2020 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action. For news, views, and gossips…
  • Impact of Coronavirus Outbreak and Extended Lockdown on Retail Industry
    21 May 2020, Indianretailer.com
    They key focus of businesses at this time should be to strategize to overcome the losses when normal market resumes. Sukhesh Madaan, CEO Blaupunkt Audio India. A defining global health crisis of our time, the novel coronavirus is spreading widely. Along with an unprecedented human toll, the global pandemic has triggered a deep economic threat. In fact, there are predictions that the global economic impact could be broader than any that we have witnessed since the Great Depression. While the virus continues to spread, it is no more a looming threat for retailers but a harsh reality…
  • Hidesign And The Battle Of Rent For India’s Retailers
    21 May 2020, Bloombergquint.com
    With airports the negotiations are proceeding smoothly, but not with malls. Hidesign Chief Executive Dilip Kapur says “this negotiation is going to be the most critical negotiation that has ever happened in retail in India; how malls and brands are going to survive”. Two-thirds of the leather goods maker’s 103 stores are in malls. They’re all shut. So are the 30 located inside airports. Of the six high street stores, a few reopened last week—in Goa and Puducherry…
  • ‘Metro open, schools shut’: Noida DM issues guidelines for lockdown 4.0
    21 May 2020, Newindianexpress.com
    With the onset of the fourth phase of lockdown, the Gautam Budh Nagar district administration has come up with guidelines and norms to be followed until May 31. The guidelines are in consonance with the rules specified by Uttar Pradesh Government on Monday. The new set of guidelines, shared by DM Suhas LY through his official twitter handle on Wednesday morning, defined the relaxation in restrictions at places except containment zones…
  • Watch Video: As Thailand reopens, malls welcome shoppers to the new normal
    20 May 2020, Indiaretailing.com
    As Thailand gradually reopened on Sunday, May 17 following the country’s successful control of the COVID-19 outbreak, Bangkok’s flagship malls and department stores, such as Siam Paragon, Emporium and EmQuartier, welcomed their first visitors in two months to a shopping experience adapted to the new normal, executives at the malls said…
  • Lockdown relaxation: Offices in educational institutions, malls allowed to open in Rajasthan
    20 May 2020, Hindustantimes.com
    Rajasthan government has allowed the opening of offices located in shopping malls and educational institutes for non-academic activities amid the easing of prevailing lockdown restrictions, which were enforced since end-March to contain the spread of coronavirus disease (Covid-19) outbreak. Chief Minister Ashok Gehlot said that the viral outbreak is under control in the state, which has led to the opening of economic activities in line with the latest guidelines issued by the Union Ministry of Home Affairs (MHA) last Sunday…
  • Not compulsory for businesses to pay wages during coronavirus lockdown
    19 May 2020, Businesstoday.in
    Companies are no longer required to mandatorily pay wages to employees not working during the coronavirus lockdown. The order on compulsory wage payment to workers during lockdown now ceases to exist, the government said on Sunday. “Save as otherwise provided in the guidelines annexed to this order, all order issued by the NEC [national executive committee] under Section 10(2)(I) of the Disaster Management (DM) Act, 2005, shall cease to have effect from 18.05.2020,” the Ministry of Home Affairs (MHA) said in the order. The government omitted the order related to wages, while keeping intact several guidelines on lockdown. However, no explanation…
  • Lockdown 4.0: These Are The State-Wise Guidelines
    19 May 2020, Mygoodtimes.in
    The Central government on Sunday released the guidelines for the fourth phase of lockdown. As per the new guidelines of the MHA, States and Union Territories (UTs) can now create Red, Green and Orange zones taking into consideration the parameters shared by the Health Ministry. The zones can be a district, or a municipal corporation/ municipality or even smaller administrative units such as sub-divisions, etc., as decided by States and UTs. Lockdown 4.0, which comes into effect on May 18, will see shops and markets — except those in malls — opening, and autos, buses and cabs operating within the State guidelines…
  • Alphabetically Decided Timings For Industrial Firms In Delhi’s Lockdown4
    19 May 2020, Ndtv.com
    Metro, cinema theatres, gyms, shopping malls, salons and political and religious gathering remain prohibited. All standalone shops and shops in residential complexes can reopen. Buses can run but with only 20 passengers at a time to follow distancing rules. Industries in Delhi will open with staggered timings decided alphabetically, say the city government’s guidelines on reopening economic activities in lockdown4. Markets and shopping complexes will open on an odd-even basis as part of precautions against coronavirus. Revised guidelines for Delhi came into effect today after Delhi Chief Minister Arvind Kejriwal gave details of what will be allowed in the fourth phase of the…
  • Global worries as infections spike in Russia, Brazil, India
    19 May 2020, ETVBharat.com
    The surges come as much of Asia, Europe, and scores of US states have been easing lockdowns to restart their economies as new infections wane. The US autoworkers, French teachers, and Thai mall workers are among hundreds of thousands of employees back at work with new safety precautions. Moscow: Coronavirus cases are spiking from India to South Africa and Mexico in a clear indication the pandemic is far from over, while Russia and Brazil now sit behind only the United States in the number of reported infections…
  • GRAPHIC-Tracking the lockdown: what is opening up around the world
    19 May 2020, In.reuters.com
    National and local authorities around the world are beginning to wind down restrictions imposed to slow the spread of the new coronavirus, gradually lifting the lockdowns that have stunted economies, decimated jobs and thrown millions into poverty. The following chart shows the status of social distancing measures in five important areas: schools, shops, bars and restaurants, public transport and international travel. Exceptions to the general rule are noted where significant. The chart focuses on the countries and U.S. states with the highest number of infections, as well other territories whose economies are regionally…
  • Millions of retail jobs in transition: TeamLease
    19 May 2020, Thehindu.com
    India’s retail industry is now in the process of training and transitioning millions of its people for the newly-emerged, COVID-19-created sales, logistics and customer support functions, says staffing firm TeamLease. As per the Retailers Association of India, the sector at present employs 40 to 50 million people. TeamLease says at least 35% of these people require comprehensive ‘role-transition training and orientation’ while retail chains are gearing up for ‘post-pandemic play’ with multi-pronged offline and online sales and customer- reach strategies. To start with, TeamLease will hire and train over 6,000 people to be positioned in the ‘essential’ retail categories across brands…
  • Liquor shops set to open, those in malls to remain shut
    19 May 2020, Hindustantimes.com
    As the Delhi government eases restrictions in the fourth phase of the nationwide lockdown, 700-odd liquor shops in the city – including around 100 that have been functioning since May 4 – are likely to open later this week, a senior government official said on Monday. All 700-odd shops are either standalone enterprises or located in markets. None of them are in shopping malls. The Delhi excise department is likely to issue a separate order on liquor shops in a day or two, the official said…
  • Retailers with annual revenue of less than Rs 100 crore, urge govt to classify them as MSME
    18 May 2020, Economictimes.indiatimes.com
    Last week, finance minister Nirmala Sitharaman spelled out a raft of measures to help the ailing MSMEs, including collateral-free loans up to Rs 3 lakh crore backed by government guarantee, repayment of dues within next 45 days and change in definition of these businesses. Retailers with annual revenue of less than Rs. 100 crore, comprising more than 80% of India’s overall organized retailers, have urged the government to classify them as MSME (micro, small and medium enterprises) so that they can also take advantage of the Covid-19 stimulus packages Last week, finance minister Nirmala Sitharaman spelled out a raft of…
  • Shut salons drive demand for grooming products by 50 pc: Paytm Mall
    18 May 2020, Businessinsider.in
    Following two months of continuous lockdown and complete shutdown of salons, e-commerce firm Paytm Mall on Monday said it saw a 50 per cent rise in May so far in the sales of trimmers, epilators, face scrubbers and other personal grooming products from tier-II, tier-III and other smaller towns compared to March. The home ministry on May 4 allowed e-commerce companies to deliver non-essential products in green and orange zones, and from May 18, the firms can supply all items in red zones also. Before the government allowed deliveries of non-essential items in red, orange…
  • Mall Crawl: Let us get on with it
    18 May 2020, Indianexpress.com
    This surreal Covid experience has been a sobering reminder of our fragile mortality. The fact that the world has been upended by a faceless enemy qualifies as an amazing lesson in perspective. I recently received a call from my neighborhood dry cleaner who has an efficient system of collecting and dropping off clothes from homes. He has kept up with the times to suit his more woke clients by reducing the scandalous quantities of transparent plastic, the freshly washed clothes would come wrapped in. I felt bad saying I had no more clothes to give him, since I haven’t gone anywhere…
  • West Bengal extends COVID19 lockdown till May 31: CM Mamata Banerjee
    18 May 2020, Aninews.in
    A day after the Centre announced the extension of coronavirus lockdown, West Bengal Chief Minister Mamata Banerjee on Monday announced that the extension will be applied in the state as well till May 31.”The containment zones in urban and rural areas have been divided into three categories: A – affected zones; B – buffer zone and C – clean zone. While all shops will be closed in A zones, in B zones only some activities will be happening and the C zones will be completely open,” Banerjee said at a video…
  • Amazon, Flipkart and Snapdeal Set for Pan-India Deliveries
    18 May 2020, Telecomtalk.info
    Users in Red Zones can now place orders for non-essential items including mobiles and electronics. The e-commerce companies including Amazon, Snapdeal and Paytm Mall have started taking orders of non-essential items from users across India including those in Red Zones. According to the notification from the Ministry of Home Affairs (MHA) on Sunday, India is set for a phase four of the lockdown which is set to last at least until May 31. However, the ministry has said that all activities will be permitted across Green, Orange and Red Zones except for those activities which are specifically listed as prohibited…
  • Lockdown 4.0 in Delhi: CM Arvind Kejriwal introduces odd-even rule for shops in the market; taxis, cabs to operate with 2 passengers
    18 May 2020, Telecomtalk.info
    With the beginning of Lockdown 4.0, Delhi Chief Minister Arvind Kejriwal on Monday has introduced an odd-even rule for the shops in the market. He also added that the private offices can open at full strength, but they should try that most of the staff works from home. Kejriwal said that transport services will be allowed in the city with social distancing norms. “Plying of buses in the city have been allowed with maximum of 20 passengers while taxis…
  • How shopping in Singapore might change for Indian tourists after Covid-19
    18 May 2020, Livemint.com
    When normalcy returns and when cross-border travel is allowed, Indian visitors who come to Singapore to shop, may see changes to their usual shopping haunts. The retail industry is almost certain to emerge from the COVID-19 pandemic dramatically different. Singapore is scheduled to exit its planned 8-week “circuit breaker” economic shutdown in about 2 weeks on June 2. Already some businesses…
  • Coronavirus lockdown 4.0: No flights, no schools, no malls, no metro
    18 May 2020, Businesstoday.in
    All cinema halls, shopping malls, gymnasiums, swimming pools, entertainment parks, theatres, bars and auditoriums, assembly halls and similar places, shall continue to remain closed throughout the country till 31st May. The government on Sunday announced an extension in coronavirus lockdown till May 31. It is the fourth extension to the lockdown, which was first imposed from March 25 and then extended from April 15 and May 4. All states and UTs have been asked to ensure unrestricted inter-state and intra-state movement of medical professionals, nurses and paramedical staff along with sanitation personnel and ambulances…
  • On unlockdown, Centre meets the capital midway
    18 May 2020, Indianexpress.com
    Among Delhi’s suggestions was to open markets, market complexes and malls, where shops for non-essential items would open as per the odd-even rule. Under the Centre’s guidelines, all but shopping malls can open. As Lockdown 4.0 begins Monday, the Delhi government has got most of what it had asked of the Centre. A list of recommendations sent to the Prime Minister on Thursday had sought a considerable degree of opening of the city, so economic activity could restart. The Delhi government had, before that, asked people to send their suggestions about what they wanted in the fourth phase…
  • RAI wants malls, stores to reopen
    17 May 2020, Timesofindia.indiatimes.com
    Ahmedabad: The Retailers’ Association of India (RAI) on Friday urged the government of Gujarat to allow the resumption of retail and economic activity, with safety measures in place, in green and orange zones. A representation regarding this was made to Gujarat CM Vijay Rupani. The association has sought the reopening of malls and shopping centers, as they provide a controlled public environment which can allow for extensive measures to be undertaken for public health and safety needs. “The mall ecosystem is critical to the economic revival and employment generation in the manufacturing and retail sector. Malls act as the front end for 45%…
  • Emergent issues facing retail industry not addressed under stimulus: RAI
    17 May 2020, Outlookindia.com
    The retail trade has said that the pressing issues facing the industry have not been addressed in the economic stimulus package. Kumar Rajagopalan, CEO, Retailers Association of India said that with no income and zero support from the government, the industry doesn’t have the ability to support employees. This will lead to a massive slowdown in consumption that will further harm the economy and the country, he added. He said retailers need working capital in their hands to retain employment; lack of support will result in…
  • IKEA’s shopping mall business hopes to pivot to U.S. cities, director says
    14 May 2020, nydailynews.com
    IKEA has its eyes on bringing its shopping mall chain to the U.S. and is in talks to score real estate in major population centers, the managing director of the Scandinavian home furnishing store’s parent company told Reuters…
  • Lockdown 4.0: What states are saying about relaxations
    16 May 2020, hindustantimes.com
    Officials in several states said the guidelines defining containment zones, a key guidance document for enforcing lockdown 4.0, would come by Saturday. Several state governments want complete shutdowns only in containment zones allowing space for the resumption of almost all activities, except large social gatherings and educational institutions, during lockdown 4.0. Officials in several states said the guidelines defining containment zones, a key guidance document for enforcing lockdown 4.0, would come by Saturday and it was likely to divide a district into red, orange and green zones, unlike the existing methodology of categorising an entire district as red, orange…
  • Lockdown likely to be extended till May 31 with more relaxations
    16 May 2020, Economictimes.indiatimes.com
    Auto-rickshaws and cab aggregators, with up to two passengers, may be allowed to operate, as may domestic flights if both the originating and receiving states agree, said officials. Metro services are, however, likely to remain suspended in red zones, they said. New Delhi: India is likely to extend the nationwide lockdown for another two weeks after May 17 to contain the spread of Covid-19 while continuing to ease restrictions and possibly allowing public transport and reopening of restaurants and shopping malls subject to certain conditions. Auto-rickshaws and cab aggregators, with up to two passengers, may be allowed to operate…
  • COVID-19 impact: Shopping malls tell customers about the new ‘normal’in Hyderabad
    16 May 2020, Newindianexpress.com
    As stores open in green zones, shopping malls are letting their customers about the new normal. Shoppers Stop, a fashion and beauty destination in Hyderabad, released a video reassuring customers on the precautionary steps taken to ensure a healthy and safe shopping experience. With the stores opening in green zones customers can now shop at stores while adhering to safety norms. Among the safety measures taken are mandatory registration of all employees and customers with Arogya…
  • Covid-19: ‘Allow malls to open, Delhi Metro to resume,’ says Arvind Kejriwal in letter to PM Modi
    16 May 2020, Scroll.in
    He admitted that the relaxations will lead to a rise in Covid-19 infections, but claimed that his government was prepared to handle it. Delhi Chief Minister Arvind Kejriwal in a letter to Prime Minister Narendra Modi said that economic activities should resume in the city in the fourth phase of the lockdown, the Hindustan Times reported on Saturday. However, Kejriwal said that there should be no relaxations in containment zones. In his letter dated May 14, the Aam Aadmi Party leader suggested that markets, malls, public transport, including the Delhi Metro, and offices should be allowed to function with limited staff, while…
  • Lockdown 4.0: Auto-rickshaw, shopping malls, domestic flights to be allowed
    16 May 2020, Peoplespostindia.com
    Metro, bus services, barber shops, restaurants, local markets and home appliance repairing shops are expected to be allowed with considerable relaxations in the green and orange zones under the new guidelines for the fourth phase of lockdown that may extend for another 14 days. As the nationwide Lockdown4.0 is set to begin from Monday with different specifications, it is expected that movement of auto-rickshaws, opening of shopping malls and starting of domestic flights could be on the cards allowing some amount of normalcy to return after nearly two months as the COVID-19 crisis brought the country to an unprecedented standstill…
  • ‘Find Opportunities in the COVID-19 Crisis’, say retailers big and small
    16 May 2020, Indianretailer.com
    As consumers will still be hesitant to go out in crowded places to shop, retailers will do well to use this time to develop omni-channel capabilities. Indian Retailer Bureau Sub Editor While agreeing that retail businesses across India will take a considerable time to recover from the impact of the Covid-19 lockdown, some members of the Retailers Association of India (RAI) suggest finding new opportunities and staying positive. A webinar organized by the association showcased the pandemic in a new light—a crisis that has presented several opportunities for the trading community, irrespective of their scale or…
  • Shops in malls, complexes should be allowed to open on the odd-even basis: Delhi govt suggests Centre
    15 May 2020, Retail.economictimes.indiatimes.com
    In the next two-three days, the Delhi government will come out with a standard operating procedure to allow economic activities from Monday in the national capital. The nationwide lockdown was imposed from March 25 to April 14, then extended to May 3 and again to May 17 to prevent the spread of the novel coronavirus…
  • Shopping malls, offices, Metro could open in Delhi; schools, salons to remain shut
    15 May 2020, Ucnews.in
    Delhi CM Arvind Kejriwal has made several recommendations ahead of lockdown 4.0 in the NCT. From keeping schools, salons shut during the extended lockdown to opening Metro services in the national capital for government employees and essential sectors, Kejriwal in a letter to PM Narendra Modi has made suggestions on the resumption of economic activities during phase four of coronavirus lockdown. India’s third lockdown due to coronavirus ends on May 17, but PM Modi said there would be another lockdown extending the current one…
  • Shopping malls with 33pct stores opening be allowed: Kejriwal Suggest on letter to PM Modi
    16 May 2020, Indiablooms.com
    Delhi Chief Minister Arvind Kejriwal on Friday wrote a letter to Prime Minister Narendra Modi offering suggestions on the resumption of economic activities during phase four of coronavirus lockdown. In his letter, Kejriwal suggested that shopping malls should be allowed to function with the condition that only 33 percent of their shops will open in a day.”We think by relaxing the lockdown, there would be an increase in coronavirus cases. But we have arranged hospitals, oxygen, ventilator, ambulance, ICU etc to tackle the situation,” he added…
  • What to expect during Lockdown 4.0? The gradual reopening of malls, transport; stricter rules in hotspots
    16 May 2020, Indiatoday.in
    Lockdown 4.0 will come into effect from May 18 and is likely to prepare India for a new normal. Here is what you can expect from the new phase of restrictions based on recommendations sent to the Centre by states. Learning to live with coronavirus is the catchphrase for Lockdown 4.0. The phased exit plan from the nationwide lockdown which began during the third extension will see further relaxations combined with a greater level of flexibility for each state and Union Territory…
  • Delhi to ‘work hard’, resume economic activities Monday, says Kejriwal
    14 May 2020, Business-standard.com
    Chief Minister Arvind Kejriwal on Thursday said that different economic activities will be allowed in the city from Monday based on decisions taken by the Centre on lockdown relaxation. Addressing an online media briefing, he said that most people suggested that schools, colleges, spa, swimming pools, and malls should not be opened post May 17, and there should be just limited operation of metro services…
  • Delhi finalises lockdown 4.0 plans
    14 May 2020, Hindustantimes.com
    The Delhi government’s submission to the central government on the fourth phase of the lockdown starting May 18 wants restrictions to apply only to so-called containment zones and not entire districts which are labelled red zones by the union health ministry and will also contain protocols for the staggered opening of markets and malls, more construction and industrial activities, and the resumption of public transport including the metro , according to senior officials in the chief minister’s office…
  • Delhi Tells Centre To Let Markets, Malls Open on Odd-Even Basis: Report
    14 May 2020, Ndtv.com
    The Delhi government on Thursday submitted a proposal to the Centre on lockdown relaxations post-May 17 and suggested the opening of markets, shopping complexes and operation of buses and metro services with strict social distancing norms. The government has suggested operation of construction activities in the national capital and that movement of labourers within Delhi be allowed…
  • Covid lockdown: Centre likely to decide only on some broad issues after May 17
    14 May 2020, Economictimes.indiatimes.com
    In the run-up to Lockdown 4.0, the Centre has decided to minutely monitor containment measures and contact tracing in red zone districts while leaving the decision on economic activities and how to restart marketplaces to the state governments…
  • Post Covid, organized retail will grow as it provides hygiene and safety to visitors: realtors
    14 May 2020, Thisweekindia.news
    Speaking at a webinar ‘COVID 19 — Retail Tales’, aimed to discuss the strategies to overcome the crisis which has gloomed the booming retail sector in the country, realty experts felt that commercial segment will get impacted in the short term but in long term things will come back to normal. Mr Mohit Goel, CEO, Omaxe Ltd, said, “After Covid -19 organized retail will be much more preferred as against the local shopping areas which are crowded. Earlier people used to go back to next door crowded shopping areas but now things will change as people would look for places that are hygienic, and this is where malls and organized retail centres come into picture.”…
  • We should focus on Quality over Quantity during the phase of COVID 19: Sonal Jindal
    14 May 2020, Dailypioneer.com
    Sonal Jindal, Founder/Director of MEDUSA and Managing Partner of MEDUSA Source, says in clear terms that the Indian fashion industry will need to rethink its production strategy and value quality over quantity, if it wants to come out of the current pandemic unscathed. She adds that the out-of-box thinking, like focus on just-in-time production, is going to help the industry survive against the corona onslaught…

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Panaji, Porvorim malls open to lukewarm response

The two malls in Panaji and Porvorim wore a dreary look on the first day of reopening. Only a few stores were open for business and the otherwise bustling crowd usually associated with malls was missing… read more

India among 10 worst hit nations in retail and recreation; cafe, mall visits sharply fall amid lockdown

The situation for retail in the country remains dismal with almost all the states in India witnessing a slump in visits for retail and recreation related activities in May as compared to pre-COVID period… read more

The Mall Can’t Survive If There Aren’t Any Stores

Coronavirus lockdowns have hastened a reckoning in the retail industry that leaves landlords little choice but to reduce rents and be more flexible. Rent collection day last Wednesday looked like a disaster for mall landlords in the U.K. Reeling from the coronavirus lockdown, tenants including JD Sports Fashions Plc, Boots drugstores and Primark withheld some payments pending negotiations with landlords. Estimates vary widely as to how much was paid of the 2.5 billion pounds ($3.1 billion) due — from 10% to 50%… read more

Scentre Group sees lift in customer visitation across its shopping centres

Westfield owner Scentre Group said it has seen a lift in customer visitation across its shopping centres. Over the weekend, despite some businesses still being restricted from operating as usual, customer visitation in Westfield shopping centres across the country returned to 86 per cent of what it was at the same time last year… read more

How Are Shopping Centres Embracing the COVID-19 Impact?

In the past couple of weeks, several restaurants and cafes in New Delhi’s upscale Khan Market have announced that they were shutting shop. Owners said that they had failed to negotiate the exorbitant rentals with the property owners – and that they could no longer afford to continue in India’s priciest commercial space, given the new “norms” for operating… read more

Coronavirus: India to reopen malls, restaurants and offices

India is reopening shopping malls, places of worship, restaurants and offices from 8 June as it eases its lockdown restrictions.The guidelines include staggered work hours, no edible offering at temples and air conditioning at 24C (75.2F)… read more

Breathing New Life Into Our Shopping Malls: Turn Them Into Fulfillment Centers And Theme Parks

The COVID-19 pandemic has affected retail in many different ways but there’s one sector which appears to have been impacted more than most; the shopping mall. And the future for these sprawling concrete jungles does not look that bright… read more

What happens next if shopping centre landlord goes under?

As shopping centre owner Intu warns it could be forced to shut many of its sites if it can’t resolve its financial issues by tomorrow, 26/06/2020, our real estate and corporate restructuring and advisory experts take another look at what could happen next… read more

Economic road gets rockier for shopping malls

In the 1980s, shopping malls were the go-to destination, but a glut of building, the rise in online shopping and weakened anchor department stores had already chipped away at that heyday, a pace quickened by the COVID-19 pandemic… read more

Why manufacturing needs retail, and India needs both

Before the pandemic struck, the $790-billion Indian retail sector was expected to double in size over the next five years. And, while that projection might need to be revised now, there is no doubt that India needs to get retail back on the growth track… read more

Lockdown 4.0: For the sake of employment, it’s time to reopen the malls

Food and ‘essentials’ contribute to around 50% of the total Retail; ‘non-essentials’ contribute to the other 50%. Not opening ‘non-essentials’ directly impacts 20-25 million employees and perhaps 125 million of their family members… read more

Covid-19: Long Wait for India’s Malls, Organised Retail to Spring Back to Pre-Pandemic Scale

New Delhi (Sputnik): Confirmed COVID-19 cases in India have surpassed the 50,000 mark, with 3,561 new cases and 89 deaths since Wednesday. Per the Ministry of Health and Family Welfare, COVID-19 has claimed 1,783 lives as India extended its lockdown until 17 May… read more

Thai mall swaps lift buttons with foot pedals for zero-contact

A mall in Thailand has swapped lift buttons for foot pedals in an effort to prevent the spread of the coronavirus as well as help restore normalcy and get shoppers spending again.Customers at Bangkok’s Seacon Square were surprised and confused this week to find pedals in front of the elevators and inside, but they welcomed the new hands-free enhancement as a smart move to stay healthy… read more

Aussies are heading back to shopping centres in high numbers as coronavirus restrictions start to ease, according to new data

Roy Morgan, together with mobile data solutions company UberMedia, gathered data from tens of thousands of mobile devices to see how Aussies are moving as the restrictions ease. The movement data tracked the amount of foot traffic as well as the types of people returning to shopping centres in Sydney and Melbourne in 2020… read more

Three scenarios for a Post-COVID world

As the COVID-19 restrictions starts to eased somewhat; there seems to be a continual move towards ‘a return to business as usual’. Generally, that seems to be the sentiment ‘out there’. But according to Stephanie Bhim, that’s only one scenario; there are another two!… read more

Precision Group launches WELCOME BACK campaign

Precision Group launched their WELCOME BACK campaign last week to celebrate the reopening of more and more retail stores and to ‘welcome back’ both customers and retailers to their five shopping centres… read more

Malls are reopening — but will shoppers come back?

Malls across the country are beginning to open their doors after weeks of government-mandated shutdowns, but both operators and retail tenants are stepping into uncharted territory amid the COVID-19 pandemic… read more

Strategies For Malls To Engage Shoppers During Uncertain Times

The offline retail landscape has never been a static one. But it has perhaps never been as subject to constantly shifting trends and events as it is now, especially with COVID-19 moving from the backdrop to a full-frontal assault on the industry. These unpredictable times are spurring retailers to learn, unlearn, and relearn what retail customer engagement should be in a world of instant, continuous connections. And malls will be part of these transformations… read more

Hyderabad: Pandemic to push back new malls by few years

With the retail sector suffering the hardest blow due to the Covid-19 pandemic, new malls, that were expected to hit the city market in 2020, could now take another five years to come up, said industry experts. Retail rentals too are likely to drop by 10% to 15%.
According to the data available with Anarock Property Consultants, Hyderabad was expected to see as many as seven malls, spanning over nearly 2 million square feet (sqft) area, this year… read more

Retail shops of Northeast seeks government help

The retail industry in the Northeast, hit hard by the Covid-19 pandemic with losses estimated at Rs 10,000 crore, is looking for government assistance while trying to keep the home and hearth of their employees going… read more

Which Shopping Malls Are Recovering Faster in China?

China’s retail traffic began to rebound in mid-February — but how can brands bank on this opportunity? Cosmose AI, an offline behavioral technology company, has analyzed offline retail traffic from January to March 2020. The study is based on data gathered from over 360,000 stores, including over 600 luxury and beauty brands, and major shopping malls in mainland China, Hong Kong, and Macau. Its clients include LVMH, Richemont, L’Oréal and Walmart, and more. The fresh data offers a glimpse into how brands can navigate the reality of China’s “revenge shopping” retail scene… read more

Simon Property Group plans to reopen 49 malls nationwide

With more U.S. states moving to ease restrictions on business, Simon Property Group plans this week to start reopening dozens of malls around the country that had closed due to the coronavirus… read more

Saudi malls fill again as kingdom eases coronavirus closures

Saudis began tentatively returning to shopping malls and open-air markets on Wednesday after authorities relaxed restrictions imposed to curb the spread of the novel coronavirus.Security guards took shoppers’ temperatures as a small number of visitors entered upscale malls in central Riyadh. A strong smell of sanitizer wafted through the homewares, cosmetic and clothing stores… read more

Malls Face Catastrophic Hit in Canada With Unpaid Rent Surging

Canada’s malls are facing a wave of skipped rents and could see vacancy rates triple by year-end, with the coronavirus poised to leave its scars on a fragile retail sector long after the pandemic ends… read more

With 100,000 stores set to close by 2025, mall owners face this legal hurdle next

Mall and shopping center owners around the country are getting ready to come face to face with a major legal hurdle: Co-tenancy clauses… read more

Retail in India: Bridging the online-offline gap

Internet Users in India increased from 500 million in 2018, to approximately 630 million by the end of 2019, and much of that growth was propelled by rural users which grew by a rate of 35% in that time period… read more

Covid-19 is crippling Indian restaurants and retailers—and it’s still early days

With more and more Indians avoiding crowded places as a precaution against the coronavirus outbreak, the retail and restaurant industries in India may be in for a nightmare… read more

Coronavirus | IMF projects 1.9% growth for India in 2020

The COVID-19 pandemic is having a “severe” effect on the world economy and is expected to cause a -3% change (i.e., a contraction) in global output in 2020, “much worse” than the 2008-09 financial crises, as per the International Monetary Fund’s (IMF) World Economic Outlook (WEO). India’s growth is expected to dip to 1.9% in 2020 and rebound to 7.4% in 2021, as per the WEO, which was released by the Fund on Tuesday… read more

Mall Meltdown Coming

Headlines were hyping up a retail apocalypse a few years back. But then 2020 hit. This is the real retail apocalypse, if we’ve ever seen one… read more

Three ways malls and department stores can survive the growing number of COVID-19 lockdowns

Many states are closing nonessential businesses and urging residents to shelter in place to prevent the spread of COVID-19. The measures are forcing malls, department stores and brick-and-mortar shops – already hard-hit by closures, bankruptcies and dwindling business – to transition to online-only sales and experiment with alternative delivery options, such as curbside pickup… read more

China’s retailers face hard truth: If you reopen, they won’t come

Shopping malls and stores in China have quickly reopened as the government promotes a return to business as usual, only to see consumers stay home and keep their purse strings tight or shop online. Customer traffic is “less than half of usual levels” said a worker at a Walmart store in a Shanghai suburb late last month. Shelves in the vegetable and meat departments were well stocked, but few shoppers passed through the aisles during the normally busy late-afternoon hours. Even with its online delivery service, “sales are not growing at all”, the worker said… read more

AAP plans 24×7 operation of malls, restaurants and shopping complexes

Party animals in Delhi are pushing hard to get the permission for a buzzing nightlife. Ever since Mumbai was allowed by the state government to operate malls, food joints, pubs, night clubs and restobars round the clock, the Delhiites seem more eager to see 24×7 party zones in the city… read more

Three sovereign funds look to invest $400 million in Prestige

Singapore’s sovereign wealth fund GIC, Qatar Investment Authority (QIA) and Abu Dhabi Investment Authority (ADIA) are in talks with Prestige Estates to invest about $400 million (Rs 2,880 crore) as part of the property developer’s plan to monetise some of its commercial office… read more

10 Best Shopping Malls and Markets in Africa

Modern shopping centres across Africa began to boom in the last decade, signifying the growing middle class across the continent and its increased spending power. Malls are becoming a growing phenomenon in urban cities, with South African giant retailers such as Shoprite and Game, as well as French retailer, Carrefour, being the go-to giant retailers in the growing consumer market. Top notch markets and shopping malls in Africa are being build everywhere… read more

How Shopping Centres Are Investing In Solar To Drive New Revenues

Australian shopping centres are transforming into power plants in response to rising electricity prices, easy access to capital and lower costs for renewable energy infrastructure… read more

Dubai shopping malls group reports business growth among 21 community malls participated in the spin & win promotion during the 25th edition of Dubai shopping festival

The Dubai Shopping Malls Group (DSMG), in collaboration with Dubai Festivals and Retail Establishment (DFRE), concluded a successful campaign for the 25th edition of Dubai Shopping Festival – ‘Spin & Win’, with an incredible response from the Dubai shoppers.  Increasing the base of daily winners proved to be a major catalyst for the growing shopper transactions during the promotional run and also impacted the overall sales positively within all the participating malls… read more

Ikea eyes shopping centre sites as part of expansion plan

The Swedish furniture retailer has already welcomed new staff to its property team from the wider business and it now aims to purchase the freehold of at least one shopping centre in Greater London, while also targeting others nationwide, Retail Week reported… read more

Mumbai set to become a maximum city from today

For a city that reputedly never sleeps Mumbai has found it hard to shop and party till late. That’s set to change from Monday, when newly relaxed laws kick in allowing many restaurants, fast food outlets and shopping malls to remain open round the clock… read more

Hyderabad to add 12 new malls by 2020 end

Hyderabad, which is witnessing an all-round growth in real estate-across office, residential and retail is now expected to have 12 new malls with over 4 mn-sq-ft area by the end of 2022, according to Anarock Retail, a real-estate consultancy and research company… read more

Virtual shopping mall from 2020

The Internet has had a radical impact on the way we shop, taking us beyond the traditional store and into a world where we choose what we buy by scrolling through images of the products on offer. But traditional retail could bounce back through the medium of virtual reality, thanks to virtual mall concept developed by the parent of Digital Mall of Asia (DMA), Yokeasia Malls Pvt. Ltd… read more

DLF invests Rs 100 crore on mall revamp to cater to millennials

“Our shoppers are mostly under 35. We want our malls to appeal to millennial shoppers. Interestingly, as many as 40 percent of footfalls in our malls are those of millennials,” said Pushpa Bector, Executive Director, DLF Shopping Malls… read more

H&M India sales up 43% at ₹1,490 crore

H&M’s fast fashion doesn’t seem to slowing down in India. For the year ended 30 November, 2019, the local arm of Swedish fashion retailer Hennes & Mauritz (H&M)—known for its affordable and trendy fashion—posted a 43% jump in sales touching nearly Rs1,500 crore, even as it opened fewer stores in the market and activated online sales though Myntra. To be sure, H&M Group that runs other brands such as COS, Monki, H&M Home, among others, follows a December to November financial year…
read more

‘There is no retail apocalypse’: Canada’s top shopping malls see sales growth

Many Canadian shopping malls are seeing sales growth as owners pour cash into non-retail amenities, such as entertainment spaces and unique food markets, in an attempt to retain and attract customers… read more

Jakarta to have four new shopping malls

Despite seeing a declining number of retailers, property developers are continuing to build new shopping malls in Jakarta… read more

Tata Realty sells 2 shopping malls in Amritsar, Nagpur for ₹700 crore to Singapore firm

VRSA will invest in rebranding the Trilium shopping malls
Tata Realty has sold two shopping malls in Amritsar and Nagpur to Singapore-based Virtuous Retail South Asia for ₹700 crore… read more

Malls make a killing by turning into one stop for all the wedding shopping

The scene — replete with priests, wedding planners, décor, cake specialists, photographers, makeup artists and gifts — is replicated across at least half a dozen malls, which are cashing in on wedding shopping — so far insulated from any real or perceived slowdown… read more

Back to square one in Bhubaneswar shopping malls, parking charges restarted

Shopping complexes in the city have restarted levying parking charges following an interim relief granted to a mall recently. Even as Bhubaneswar Development Authority (BDA) imposed strict provisions to prevent collection of parking fees at malls and shopping complexes, some commercial establishments, including Esplanade One, have allegedly resumed levying the charges after a gap of nearly two months… read more

Now, malls mine customers data to offer better deals

Malls now have tech to help them not only drive sales but also enhance the overall consumer experiences.
Pacific Mall in West Delhi figured out through algorithms that 65% of the customers at its food-court preferred vegetarian food. That prompted the mall to add a Halidram outlet and sales at the food-court went up by Rs 50 lakh a month… read more

Lodha looks to raise Rs 1,500 cr from two commercial assets in Mumbai

Lodha Xperia Mall is spread over 20 acres in the developer’s integrated township Palava City. The development is counted among India’s largest planned destination malls in terms of land area. It offers a combination of shopping arcade, outdoor adventure facility, a children’s museum, water sports on the lake and food zones… read more

Five Indonesian shopping malls to be sold for US$124m

NWP Retail, a shopping mall developer backed by Warburg Pincus LLC, will spend US$123.5 million buying five Lippo shopping malls in Indonesia.
Two shopping malls will be acquired from the Indonesian units of Singapore-listed Lippo Malls Indonesia Retail Trust for US$92 million while another three will be bought for US$31.5 million from entities owned by PT Multipolar… read more

“Accessible to everyone”: How shopping centres serve people with special needs

Shopping centres around the world are starting to make their properties more accessible for people with diverse needs by removing barriers and partnering with nonprofits… read more

Locals can park at 13 Mumbai malls

Parking for locals and visitors will be permitted inside 13 malls across the city, but the areas outside will be strict no-parking zones according to a plan chalked out by BMC and the new Mumbai Parking Authority (MPA) on Saturday. Charges will be reasonable… read more

Pacific Group to open new mall at Dwarka in Delhi on November 15; eyes Rs 40cr rent income per year

The company has completed the shopping mall and multi-level car parking project, which it bagged last year from Delhi Metro Rail Corporation (DMRC) through an auction process, with an investment of about Rs 100 crore… read more

Versace, Cavalli seek new partners in India; Longchamp shuts shop

Trouble looms over the luxury retail sector as consolidations are forcing brands to seek out new partners or close shop here. Iconic luxury brands Versace and Roberto Cavalli are on the lookout for a new partner in India and French bridge-to-luxury brand Longchamp has shut shop… read more

Prakash Jha promoted Mall honoured for its CSR activity

P&M Mall, promoted by legendary filmmaker Prakash Jha has won prestigious award for its CSR initiative during ‘Patna Floods’.The Mall was awarded during TAVF – The Activations Venues Forum held in Mumbai on November 7, 2019. The program was organised by Umbrella Agis, an integrated marketing agency headquartered in Mumbai… read more

Malls are now targeting millionaires

Suburban malls in the middle of America have been hit hard due the financial woes of anchor tenants like Macy’s (M) and JCPenney (JCP) and the slow death spiral at Sears… read more

Malls of Tomorrow Will Be Less Big Box, More Lifestyle, and Play Well With E-Commerce Too

Fourteen miles outside of Boston, the ground floor of what was a Sears at Burlington Mall has been stripped down to the steel. Renovations scheduled to finished in summer 2020 will transform the space into a “streetscape” of smaller stores and restaurants facing out on to dining patios and a one-acre park. (Consumers who aren’t keen on harsh weather need not worry, the interior connecting hallways will remain open.) The rest of the mall is evolving too, getting a ride-sharing waiting room, a media lounge, and a kids’ play area that will also have party rooms… read more

Nexus, Prestige in talks to merge mall business

Talks between Nexus malls and Prestige to merge the mall business in order to create the largest mall operator in the country is in its initial stage. If talks fructify, the combined entity could get enlisted as a real estate investment trust… read more

A cut above the rest, Zara now keen to cut mall rentals to size

A decade after its highly publicised entry into India, Spanish fashion retailer Zara is asking some malls where it has run stores for years to renegotiate rental terms, including reduction in revenue-share deals and either lower or total waiver of common area maintenance (CAM) charges that tenants must pay landlords… read more

Festival shopping peaks on weekend

The shopping districts and malls in the city witnessed heavy rush on Saturday, the last weekend before Diwali. Despite heavy police presence to regulate the traffic, Town Hall area, Gandhipuram and Brookebond Road remained congested from afternoon. It took many motorists more than 10 minutes to cross a 500m stretch. Shops are likely to remain open till 10pm to make most of the Diwali rush… read more

‘Mumbai’s Buyers have Become Mega-Consumers’: Gayatri Ruia

At a time when words like ‘Jimmy Choo’ and ‘Ermenegildo Zegna’ were just beginning to find a place in Indian vocabularies, business-couple Gayatri and Atul Ruia placed a bet. In central Mumbai’s Lower Parel, they had already turned a defunct mill into a high-street shopping and… read more

Virtuous Retail acquires three malls for $500 mn

Virtuous Retail South Asia Pte. Ltd (VRSA), the retail development joint venture between alternative investment firm The Xander Group Inc. and Dutch pension fund APG, has acquired two existing malls and an upcoming retail development project for around $500 million, said Siddharth Yog, its founder and chairman… read more

India to get over 65 million sq ft new mall space by 2022-end: Report

Despite the onslaught of the e-commerce business across the country, malls are still serious business as indicated by the number of development planned and proposed by realty developers. The sector is riding high on the phenomenal rise of consumerism and renewed interest by institutional investors,.. read more

Local shopping malls on radar of Asian, Arab investors

Shopping malls in Turkey are attracting the attention of foreign investors, particularly from Arab and Asian countries, including China and South Korea. The interest has grown significantly with the increase in the number of tourists from these regions… read more

Celebrate Diwali in style at Dubai Festival City Mall

Make sure you’re at Dubai Festival City Mall this Thursday to witness a Diwali celebration to remember. The popular destination will showcase a spectacular fireworks display, alongside the fourth edition of its huge IMAGINE show… read more

SCAI receives a nod from Maharashtra HC in ‘Parking Charges’ case

As you are aware the captioned matter was listed for hearing along with Writ Petition No.9471 of 2019 filed by City Centre Mall Pvt. Ltd. challenging the impugned resolution passed by the Nashik Municipal Corporation before the division bench comprising of Their Lordship Hon’ble Justice S. C. Dharmadhikari and Hon’ble Justice G. S. Patel at which time the following were present… read more

Nexus Malls joins SCAI as Founder Member

Nexus Mall has established as one of the leaders in retail real estate industry in India with a portfolio of 5.4 million square feet of Grade A retail space in India.
Their malls are spread across Mumbai, Pune, Ahmedabad, Chandigarh, Indore and Amritsar.
Nexus Mall is redefining the shopping culture in India by bringing about transformation for shoppers and retailers.
Nexus Malls believes in bringing transformation, improvement and innovation in retail sector.

Bhumika Enterprises Private Limited joins SCAI as Founder Member

Bhumika Enterprises Private Limited under the leadership of Mr. Uddhav Poddar has joined SCAI as a Founder Member; the aim of the company is to build quality living, commercial and hospitality spaces which will set a new benchmark in the industry.
It has a mall in operation at- Udaipur. – The Urban Square
Urban square is Rajasthan’s first European-styled retail cum tourist destination. 18 lac square feet of gross built area will be a regional power centre, a mega tourist attraction, a family leisure destination and a commercial center to provide the inhabitants of this royal city as well as the multitude of tourists, an unforgettable experience via its bevy of unique offerings.

Urban square is being constructed in two phases with the European-flavoured high street retail spaces, hotel& banquet, commercial studios, a mall with a 6 screen multiplex, hyper mart, anchor stores, food court, restaurants & play zone in the first phase and extension of retail, studios and offices in the second phase.

  • Indian Malls: Selling experiences to engage...
    by Charu Lamba on November 25, 2019 at 3:30 am

    Shopping centres encapsulate a robust holistic experience of entertainment, food, shopping, and leisure. They are no longer looked upon as retail destinations but instead have evolved into platforms to garner memorable experiences and spend good quality time. They have transformed into a space for people to relax and rejuvenate their energies and spend quality time

  • Modern design helps close the digital divide,...
    by Charu Lamba on October 28, 2019 at 4:31 am

    The traditional mall is fast becoming a historical anachronism. With the blitz of e-commerce and the convenience of doorstep delivery, brick-and-mortar retail suffered heavy losses. To stop the modern mall from going out of fashion, shopping centre developers are working upon every aspect to entice consumers into coming to them, then be it through experiential

  • Driving The Change: Malls use technology for...
    by Sandeep Kumar on September 20, 2019 at 4:30 am

    Today, convenient parking and modern retail go hand in hand. Parking plays a major role in deciding where people might go to spend the day. To draw in the footfalls, malls, amusement parks, hotels, and even government-driven projects like smart cities have taken to providing smart parking lots, which are manned by security to ensure

  • FECs come into play as Tier-II malls turn...
    by Shopping Centre News Bureau on September 5, 2019 at 4:30 am

    Tier II and tier III cities are undoubtedly the future growth engines of the country. The rise in internet penetration, influence of social media and growing disposable incomes of the new generation have essentially ushered in an era of commerce,resulting in a mall boom in India. Such is the growing mall culture in India that

  • Malls should be social spaces, not retail real...
    by Shopping Centre News Bureau on August 22, 2019 at 3:14 am

    Shopping Centres Association of India (SCAI) Board of Directors’ meeting hosted by Select CITYWALK, was held in Delhi on August 9, 2019. In its inaugural SCAI North India meet, 26 members from the northern region gathered to discuss the role, aim and initiatives of the organisation. The two-hour session was attended by SCAI Board of

  • Phy-gital Malls: A powerful arrow in the shopping...
    by Sandeep Kumar on August 13, 2019 at 3:51 am

    The word Phy-gital is not new for the Indian retail and shopping mall industry anymore. Every shopping mall is trying to go Omnichannel, upgrade its technology and provide its customers with the ultimate high-tech, experiential retail platform. Despite the meteoric rise of e-commerce in India, the growth in the number of malls has not slowed

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UNLOCK 1.0, FORTNIGHT 1.0:
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UNLOCK 1.0, WEEK 1.0:
7 Days of a New Normal

Customer Reactions to Mall Openings All Over India
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India Unlocks 1.0. A Special #SCAIMondays LIVE WEBCAST Edition

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NEW MANTRA FOR SHOPPING MALLS:
SAFETY-FIRST CUSTOMER SERVICE

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Air-Conditioning in Shopping Centres:
Busting the Myths and Fallacies

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‘Future of Shopping Centres’


SCAI IN NEWS


Amitabh Taneja, Chairman, SCAI and Irfan Razack, Chairman and MD, Prestige Group speak to ET NOW on the opening of malls and the way forward for the industry | 11 JUN 2020 | ET NOW


Inside Delhi’s Select CITYWALK As Malls Reopen | 8 Jun 2020 | NDTV


8 Jun 2020 | Asianet News


CNBC TV18 | India Business Hour | 08 JUN 2020


NewsX Malls Are Open The Safety Report | 08 JUN 2020


CNN NEWS18 NEXUS Malls | 08 JUN 2020


ZEE Business Road To Recovery | 08 JUN 2020


NDTV India Select City Walk | 07 JUN 2020


புதுச்சேரியில் 75 நாட்களுக்குப் பிறகு வணிக வளாகங்கள் திறப்பு | 07 June 2020


Times Now DLF Avenue Saket | 06 JUN 2020


Mukesh Kumar, CEO Infiniti Malls, talks to CNBC Awaaz and highlights some of the SOPs that will be implemented once malls reopens | 04 JUN 2020 | CNBC Awaaz


Pushpa Bector, Executive Director, DLF Shopping Malls, Rajneesh Mahajan, CEO, Inorbit Mall and Kumar Rajagopalan, CEO, RAI speak to Shereen Bhan on a Special Show – Malls: The Restart Plan | 02 JUNE 2020 | CNBC TV18


Amitabh Taneja, Chairman, Shopping Centres Association talks to ET NOW on restarting malls, how the lockdown impacted the industry and support required from the government | ET NOW


Rashmi Sen, Group COO, The Phoenix Mills Ltd., Bipin Gurnani, CEO, Prozone Int, Mukesh Kumar, CEO, Infiniti Mall, Shibu Philips, Business Head, Lulu Malls on a Special Panel Discussion discuss the Reopening of Malls across the country | NewsX


Rajneesh Mahajan, CEO, Inorbit Malls; KB Kachru, Chairman Emeritus & Principal Advisor South Asia – Radisson Hotel Group and Vice President – Hotel Association of India and Merrill Pereyra, Managing Director, Pizza Hut India Subcontinent speak to NDTV


Amitabh Taneja. Chairman, Shopping Centres Association of India joins a panel discussion to talk about the way forward following the government’s | Republic TV Panel Discussion


Mukesh Kumar, CEO, Infiniti Mall and Pushpa Bector, Executive Director, DLF Shopping Malls speak to NDTV following the announcement to allow opening of shopping malls from June 8, 2020 | NDTV 24×7


Amitabh Taneja, Chairman, Shopping Centres Association of India speaks to NDTV on opening of shopping malls | NDTV 24×7


NEWSX RETAIL SPECIAL: TIME TO REOPEN THE MALLS? | NewsX


Abhishek Bansal, Executive Director, Pacific Development Corporation, Arjun Sharma, Chairman, Select Group and Rashmi Sen, Group COO, The Phoenix Mills Ltd. spoke to Swati Khandelwal, Editor, Zee Business speak on the impact of the lockdown on the industry and what the way to recovery. | Zee Business


Abhishek Bansal; Rajneesh Mahajan; Shibu Philips and Manoj Agarwal came together on NDTV 24×7 to beat the myth surrounding the safety of shopping malls. The three industry experts critically explained why shopping malls are the safest to open… | NDTV 24×7


Abhishek Bansal, Executive Director, Pacific Development Corporation; Rajneesh Mahajan, CEO, Inorbit Mall and Shibu Philips, Business Head, Lulu Malls came together on NDTV 24×7 to beat the myth surrounding the safety of shopping malls | NDTV 24×7


Mukesh Kumar, CEO, Infiniti Mall, Pushpa Bector, Executive Director, DLF Shopping Malls and Rashmi Sen, Group COO, The Phoenix Mills Ltd. spoke at length on why shopping malls should be allowed to open up on the back of stringent SOPs developed by the Shopping Centres Association of India. | Mirror Now


Rajendra Kalkar, Wholetime Director and President (West), Phoenix Mills speaks to Times Now on the issues faced by the shopping centres industry and, how it is prepared to open shopping malls by ensuring the implementation of stringent protocols and SOPs across shopping centres in India. | Times Now


Mukesh Kumar, CEO, Infiniti Malls speaks to Times Now on the issues being faced by the shopping centres industry and the support required from the Government |
Times Now


Mukesh Kumar, CEO Infiniti Mall speaks on SOPs developed by the Shopping Centres Association of India in preparedness of opening up of shopping malls in India |
Times Now


लॉकडाउन में शॉपिंग सेंटर्स की मुश्किल |
CNBC AWAAZ


कोरोना से बिगड़े देश के आर्थिक हालात पर विशेषज्ञों के साथ चर्चा |
ABP e Shikhar Sammelan – Watch it here


Mumbai: Malls Make Special Preparation To Reopen After Lockdown – R City Coverage | ABP News


Demanding To Open Malls, Shopping Centres Assn. Meets CM Yediyurappa At His Residence | tv9 Kannada



Will Malls & Multiplex Open From June 1 | tv9 Kannada


Shopping Mall Owners To Meet CM Yeddyurappa Today; Malls Likely To Open From June 1 | Public TV


News18 | Kannada



SCAI | 26 MAY 2020 | Public TV Story 2 CM Yeddyurappa Holds Meeting With Shopping Mall Owners


SCAI | 26 MAY 2020 | BTV News


MALLS REOPENING READINESS VIDEOS

A Step towards Surety of Safety | #EkNayaKadam | #VivianaCares

Join us and make happy memories again. Welcome back to #DLFShoppingMalls!

Experience Safer Shopping and Create Blissful Memories at Phoenix Marketcity Bangalore

LuLu Mall Reopens!

LuLu Mall | Guidelines for Shopping

Mall of Travancore | Putting prevention at the forefront of leisure.

Know how Prestige Group’s 8 malls are set to reopen next week by their COO, Muhammad Ali

#EkNayaKadam 2020 | Viviana Mall

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