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  • SC seeks government response on concerns of big borrowers
    19 November 2020, Hindustantimes.com
    Solicitor General Tushar Mehta told the Court that since effective orders have been issued with regard to small borrowers, the big borrowers could address their respective grievances directly to the Reserve Bank of India without keeping the matter pending in Court. The Supreme Court on Thursday asked the government to respond to the concerns of the big borrowers even as it hinted to close proceedings with regard to small borrowers who received waiver of compound interest on loans upto 2 crore…
  • COVID-19 effect: Shopping malls coming up at snail’s pace across India
    18 November 2020, Deccanchronicle.com
    The calendar year was supposed to see the launch of 54 new malls, spanning over 22.2 million sq. ft, as per the pre-Covid estimatesA worker wearing PPE kit sprays disinfectant inside a shopping mall after authorities eased restrictions during Unlock 4.0, in Chennai. — PTI photoChennai: As the business in malls has still not recouped to pre-Covid levels, mall development is moving at a snail’s pace.The calendar year was supposed to see the launch of 54 new malls, spanning over 22.2 million sq. ft, as per the pre-Covid estimates…
  • COVID-19 effect: Shopping malls coming up at snail’s pace across India
    18 November 2020, Asianage.com
    The calendar year was supposed to see the launch of 54 new malls, spanning over 22.2 million sq. ft, as per the pre-Covid estimatesA worker wearing PPE kit sprays disinfectant inside a shopping mall after authorities eased restrictions during Unlock 4.0, in Chennai. — PTI photoChennai: As the business in malls has still not recouped to pre-Covid levels, mall development is moving at a snail’s pace.The calendar year was supposed to see the launch of 54 new malls, spanning over 22.2 million sq. ft, as per the pre-Covid estimates…
  • COVID-19 effect: Shopping malls coming up at snail’s pace across India
    18 November 2020, M.dailyhunt.in
    The calendar year was supposed to see the launch of 54 new malls, spanning over 22.2 million sq. ft, as per the pre-Covid estimatesA worker wearing PPE kit sprays disinfectant inside a shopping mall after authorities eased restrictions during Unlock 4.0, in Chennai. — PTI photoChennai: As the business in malls has still not recouped to pre-Covid levels, mall development is moving at a snail’s pace.The calendar year was supposed to see the launch of 54 new malls, spanning over 22.2 million sq. ft, as per the pre-Covid estimates…
  • Shopping mall developers delay projects amid COVID-19
    17 November 2020, Content.magicbricks.com
    “Floor-space supply at malls in Indian cities slowed to a crawl with the addition of just five new facilities spanning 2.75 mn sqft. area, with 2020 turning out to be the proverbial annus horribilis for the retail segment in the backdrop of the protracted lockdowns, Anarock Research said.Anticipated new mall supply was severely hit this year and most of it will spill over to 2021 and beyond…
  • Shopping mall developers delay projects amid COVID-19
    13 November 2020, Economictimes.indiatimes.com
    BENGALURU: Floor-space supply at malls in Indian cities slowed to a crawl with the addition of just five new facilities spanning 2.75 mn sq. ft. area, with 2020 turning out to be the proverbial annus horribilis for the retail segment in the backdrop of the protracted lockdowns, Anarock Research said.Anticipated new mall supply was severely hit this year and most of it will spill over to 2021 and beyond.Most new completions have been deferred and leasing activity has been delayed by the developers…
  • Shopping mall developers delay projects amid COVID-19
    13 November 2020, Realty.economictimes.indiatimes.com
    According to the research, 14 new malls spanning 5.9 mn. sq. ft. area are likely to be complete by 2021-end, with Mumbai witnessing maximum new supply followed by Bengaluru.BENGALURU: Floor-space supply at malls in Indian cities slowed to a crawl with the addition of just five new facilities spanning 2.75 mn sq. ft. area, with 2020 turning out to be the proverbial annus horribilis for the retail segment in the backdrop of the protracted lockdowns, Anarock Research said.Anticipated new mall supply was severely hit this year and most of it will spill over to 2021 and beyond…
  • With stringent SoPs in place, consumers have shown greater interest in coming back to the real shopping experience: Jayen Naik, Nexus Malls
    20 October 2020, Everythingexperiential.businessworld.in
    With the festive season, we expect a positive sentiment and the demand for high-end products and gift items to sustain until January 2021, says Naik.The festive season always brings with itself hope and revival. Malls across the country are prepared to welcome the shoppers with all necessary safety precautions in place. With the reopening of food courts, restaurants as well as Multiplexes, business is expected to pick up soon for various mall owners.To know how malls are preparing themselves for this unique festive season, we spoke to Jayen Naik, Senior VP- Operations & Projects, Nexus Malls…
  • “Loan borrowers’ Diwali is in your hands”, Supreme Court tells govt.
    15 October 2020, Thehindu.com
    The Supreme Court on Wednesday questioned the government’s need to wait a whole month, till November 15, to notify the implementation of a scheme for waiving the compound interest (interest on interest) accumulated during the moratorium against loans worth up to 2 crore.Watch | What does the 3-month moratorium on EMIs mean?The waiver scheme is meant to “hand-hold small and vulnerable borrowers” whose fortunes have dipped during the lockdown…
  • Why do you need till November 15 to implement compound interest waiver scheme for common man: SC asks Centre
    15 October 2020, Thehindubusinessline.com
    Their Diwali is in your hands, court tells governmentThe Supreme Court on Wednesday questioned the government’s need to wait a whole month, till November 15, to notify the implementation of a scheme for waiving the compound interest (interest on interest) accumulated during moratorium against loans worth up to 2 crore.The waiver scheme is meant to “hand-hold small and vulnerable borrowers” whose fortunes have dipped during the lockdown.“Their Diwali is in your hands,” the court told the government.The waiver scheme has been proposed for eight different categories, including MSME, education, housing, consumer durables, credit card, auto, personal and consumption loans…
  • Why do you need till November 15 to implement compound interest waiver scheme for common man: SC asks Centre
    15 October 2020, Timesnownews.com
    Their Diwali is in your hands, court tells governmentThe Supreme Court on Wednesday questioned the government’s need to wait a whole month, till November 15, to notify the implementation of a scheme for waiving the compound interest (interest on interest) accumulated during moratorium against loans worth up to 2 crore.The waiver scheme is meant to “hand-hold small and vulnerable borrowers” whose fortunes have dipped during the lockdown.“Their Diwali is in your hands,” the court told the government.The waiver scheme has been proposed for eight different categories, including MSME, education, housing, consumer durables, credit card, auto, personal and consumption loans…
  • Why do you need till November 15 to implement compound interest waiver scheme for common man: SC asks Centre
    15 October 2020, In.finance.yahoo.com
    Their Diwali is in your hands, court tells governmentThe Supreme Court on Wednesday questioned the government’s need to wait a whole month, till November 15, to notify the implementation of a scheme for waiving the compound interest (interest on interest) accumulated during moratorium against loans worth up to 2 crore.The waiver scheme is meant to “hand-hold small and vulnerable borrowers” whose fortunes have dipped during the lockdown.“Their Diwali is in your hands,” the court told the government.The waiver scheme has been proposed for eight different categories, including MSME, education, housing, consumer durables, credit card, auto, personal and consumption loans…
  • SC to hear loan interest waiver case tomorrow, even as RBI wants to end stay on classifying of NPAs
    13 October 2020, M.dailyhunt.in
    New Delhi: The Supreme Court will continue hearing a batch of petitions tomorrow seeking a waiver of interest on loans during the moratorium period and seeking an extension of the moratorium. The top court will decide if any further relief is to be given on loans over 2 crores, apart from what has been prescribed by the Kamath Committee recommendations.RBI has urged the Supreme Court to not undermine its regulatory mandate and lift the stay on the classification of NPAs to ensure the banking system isn’t adversely affected…
  • Unchanged repo rate, Realtors rely on high consumer confidence
    13 October 2020, Realtymyths.com
    The RBI today kept the repo rate and reverse repo rate unchanged at 4% and 3.35% respectively. The Apex Bank also announced on-tap TLTRO for Rs 1 trillion at 4% till March 2021 and will conduct OMO worth Rs 20,000 crore next week. The RBI governor also announced that the RBI will take steps that will infuse liquidity to improve financial conditions. With the optimism of RBI for a strong rebound of the GDP and inflation to ease to projected target by Q4 of FY’21, real estate sector too is upbeat about economic growth…
  • Realtors Rely On High Consumer Confidence
    11 October 2020, M.dailyhunt.in
    With the optimism of RBI for a strong rebound of the GDP and inflation to ease to projected target by Q4 of FY’21, real estate sector too is upbeat about economic growth. Prateek Mittal, Executive Director, Sushma Group, said, “At this time when the buyers are seeking stable investment options, real estate sector with low-interest rates emerges as the safest investment proposition and the all-time low repo rate is adding impetus to the same…
  • Inputs on RBI Repo Rate Announcement
    10 October 2020, Businessnewsthisweek.com
    Dhruv Agarwala, Group CEO, Housing.com, Makaan.com and Proptiger.com, The status quo on repo rate was expected as inflationary pressures made it difficult to cut rates further. Rationalising risk weightage on home loans and linking it to Loan to Value (LTV) ratio will effectively result in higher credit flow to the real estate sector, which is positive news for the sector. Also, the hike in credit limit for retail exposure by a single lending entity from Rs. 5 crores to Rs 7.5 crore is a welcome move that will immensely help both retail as well as small businesses…
  • PMC allows shops, malls to remain functional till 9pm
    10 October 2020, Timesofindia.indiatimes.com
    Pune: Malls, trader markets and shops in the city civic limits will now remain open till 9pm, an extension of two business hours from the earlier timings.The Pune Municipal Corporation (PMC) on Friday issued orders giving the extension as part of the government Unlock 5.0 initiatives.Shopkeepers and shopping mall managers have been demanding extension in their business hours on the lines of those provided to restaurants. The civic body recently allowed the restaurants to remain open till 10pm…
  • Unchanged repo rate, Realtors rely on high consumer confidence
    10 October 2020, Internationalnewsandviews.com
    The RBI today kept the repo rate and reverse repo rate unchanged at 4% and 3.35% respectively. The Apex Bank also announced on-tap TLTRO for Rs 1 trillion at 4% till March 2021 and will conduct OMO worth Rs 20,000 crore next week. The RBI governor also announced that the RBI will take steps that will infuse liquidity to improve financial conditions. With the optimism of RBI for a strong rebound of the GDP and inflation to ease to projected target by Q4 of FY’21, real estate sector too is upbeat about economic growth…
  • Extend closing time to 10pm, request malls
    08 October 2020, Timesofindia.indiatimes.com
    MUMBAI: The Shopping Centres/Malls Association of India (SCAI) has requested chief minister Uddhav Thackeray to extend mall closing time from 7pm to 10pm ahead of festivities.“We are stepping into the festive season with Navratri, Durga Puja, Dusshehra, Diwali and the imminent impending wedding celebrations,” said SCAI in a statement, adding if time restrictions are removed, “it will go a long way in ensuring staggered customers along with a more controlled and a safe shopping environment for one and all”…
  • SCAI urges Maha govt to remove operational time restrictions on malls
    08 October 2020, Retail.economictimes.indiatimes.com
    “Across the country, time restrictions have been lifted and we feel this needs to be done in Maharashtra as well. Malls in the MMR (Mumbai Metropolitan Region) lost out on one full month due to local restrictions imposed by municipal corporations,” SCAI Chairman Amitabh Taneja said in a letter to the chief minister.Mumbai : On the onset of the festive season, the Shopping Centres Association of India (SCAI) on Wednesday has urged Maharashtra Chief Minister Uddhav Thackeray to remove the cap on operational timings that are curtailing business operations…
  • SCAI urges Maha govt to remove operational time restrictions on malls
    08 October 2020, Retail.economictimes.indiatimes.com
    On the onset of the festive season, the Shopping Centres Association of India (SCAI) on Wednesday has urged Maharashtra Chief Minister Uddhav Thackeray to remove the cap on operational timings that are curtailing business operations.”Across the country, time restrictions have been lifted and we feel this needs to be done in Maharashtra as well. Malls in the MMR (Mumbai Metropolitan Region) lost out on one full month due to local restrictions imposed by municipal corporations,” SCAI Chairman Amitabh Taneja said in a letter to the chief minister…
  • SCAI urges Maha govt to remove operational time restrictions on malls
    08 October 2020, Outlookindia.com
    On the onset of the festive season, the Shopping Centres Association of India (SCAI) on Wednesday has urged Maharashtra Chief Minister Uddhav Thackeray to remove the cap on operational timings that are curtailing business operations.”Across the country, time restrictions have been lifted and we feel this needs to be done in Maharashtra as well. Malls in the MMR (Mumbai Metropolitan Region) lost out on one full month due to local restrictions imposed by municipal corporations,” SCAI Chairman Amitabh Taneja said in a letter to the chief minister…
  • Latest News | SCAI urges Maha govt to remove operational time restrictions on malls
    08 October 2020, Latestly.com
    Mumbai, Oct 7 (PTI) On the onset of the festive season, the Shopping Centres Association of India (SCAI) on Wednesday has urged Maharashtra Chief Minister Uddhav Thackeray to remove the cap on operational timings that are curtailing business operations.”Across the country, time restrictions have been lifted and we feel this needs to be done in Maharashtra as well. Malls in the MMR (Mumbai Metropolitan Region) lost out on one full month due to local restrictions imposed by municipal corporations,” SCAI Chairman Amitabh Taneja said in a letter to the chief minister…
  • Latest News | SCAI urges Maha govt to remove operational time restrictions on malls
    08 October 2020, In.finance.yahoo.com
    Mumbai, Oct 7 (PTI) On the onset of the festive season, the Shopping Centres Association of India (SCAI) on Wednesday has urged Maharashtra Chief Minister Uddhav Thackeray to remove the cap on operational timings that are curtailing business operations.”Across the country, time restrictions have been lifted and we feel this needs to be done in Maharashtra as well. Malls in the MMR (Mumbai Metropolitan Region) lost out on one full month due to local restrictions imposed by municipal corporations,” SCAI Chairman Amitabh Taneja said in a letter to the chief minister…
  • Latest News | SCAI urges Maha govt to remove operational time restrictions on malls
    08 October 2020, Theweek.in
    Mumbai, Oct 7 (PTI) On the onset of the festive season, the Shopping Centres Association of India (SCAI) on Wednesday has urged Maharashtra Chief Minister Uddhav Thackeray to remove the cap on operational timings that are curtailing business operations.”Across the country, time restrictions have been lifted and we feel this needs to be done in Maharashtra as well. Malls in the MMR (Mumbai Metropolitan Region) lost out on one full month due to local restrictions imposed by municipal corporations,” SCAI Chairman Amitabh Taneja said in a letter to the chief minister…
  • Latest News | SCAI urges Maha govt to remove operational time restrictions on malls
    08 October 2020, Devdiscourse.com
    Mumbai, Oct 7 (PTI) On the onset of the festive season, the Shopping Centres Association of India (SCAI) on Wednesday has urged Maharashtra Chief Minister Uddhav Thackeray to remove the cap on operational timings that are curtailing business operations.”Across the country, time restrictions have been lifted and we feel this needs to be done in Maharashtra as well. Malls in the MMR (Mumbai Metropolitan Region) lost out on one full month due to local restrictions imposed by municipal corporations,” SCAI Chairman Amitabh Taneja said in a letter to the chief minister…
  • Different deadlines for food outlets and malls keep operators guessing
    07 October 2020, Timesofindia.indiatimes.com
    Pune: Malls and food outlets at this shopping arcades are in a fix over differing operational deadlines. Though the deadline for the restaurants in the city to close was recently fixed at 10pm, malls and shopping complexes have to shut at 7pm. Representatives of restaurants in the city-based malls said there would be no point to keep the food courts open till 10pm when other retail outlets in the mall would close at 7pm, as most customers are driven to such facilities for the “food and shopping package”…
  • Different deadlines for food outlets and malls keep operators guessing
    07 October 2020, Timesofindia.indiatimes.com
    Pune: Malls and food outlets at these shopping arcades are in a fix over differing operational deadlines.Though the deadline for the restaurants in the city to close was recently fixed at 10pm, malls and shopping complexes have to shut at 7pm.Representatives of restaurants in the city-based malls said there would be no point to keep the food courts open till 10pm when other retail outlets in the mall would close at 7pm, as most customers are driven to such facilities for the “food and shopping package”…
  • Mall owners see a ray of hope as food courts, restaurants to open from October 5
    04 October 2020, Moneycontrol.com
    For most malls, F&B is a popular section as customers who do not wish to shop end up grabbing a bite at the food court or a restaurant within the mall.Struggling to bring back customers, mall owners have pinned hopes on the Maharashtra government’s decision to allow food courts and restaurants to reopen from October 5 after a gap of almost six months.Restaurants, bars, food courts and hotels are among the hardest hit sections of the economy as restrictions on travel and movement to curb the spread of the coronavirus have kept people away…
  • How shopping malls are strategizing to reach customers ahead of the festive season
    21 September 2020, Financialexpress.com
    Although the centre allowed malls to reopen in June, several of them continued to remain shuttered due to the localised lockdowns. In Maharashtra, for instance, malls could reopen only in August. According to a report by Anarock Retail and Retailers Association of India (RAI), shopping malls saw a 77% degrowth in sales in June, as compared to the same period last year; whereas high street sales witnessed 61% degrowth…
  • Plea For Cinema Opening
    10 September 2020, Tathya.in
    Odisha Government has been requested to open Cinema Halls and Multiplexes on immediate basis to support livelihoods and the economy. Cinema Halls are closed since March and despite four rounds of Unlock announced, Cinema Halls are not allowed to reopen. Shopping Centers Association of India (SCAI) has requested the State Government to allow opening of Multiplexes and Cinema halls towards taking a positive step to support livelihoods and economy…
  • SC to resume hearing on pleas seeking extension of moratorium, waiver interest on interest
    03 September 2020, Newkerala.com
    The Supreme Court will continue tomorrow hearing on two petitions seeking an extension of the moratorium period on repayment of loans and to waive off the interest on interest on the loan amount in view of the COVID-19 pandemic.Solicitor General Tushar Mehta, appearing for the Central government, will continue his submissions before a bench led by Justice Ashok Bhushan tomorrow as his arguments today remained inconclusive.Mehta submitted that he does not think that the Reserve Bank of India’s (RBI) August 6 circular is contested here in these petitions…
  • SC to resume hearing on pleas seeking extension of moratorium, waiver interest on interest
    03 September 2020, Bfsi.economictimes.indiatimes.com
    The Supreme Court will continue tomorrow hearing on two petitions seeking an extension of the moratorium period on repayment of loans and to waive off the interest on interest on the loan amount in view of the COVID-19 pandemic.Solicitor General Tushar Mehta, appearing for the Central government, will continue his submissions before a bench led by Justice Ashok Bhushan tomorrow as his arguments today remained inconclusive.Mehta submitted that he does not think that the Reserve Bank of India’s (RBI) August 6 circular is contested here in these petitions…
  • SC to resume hearing on pleas seeking extension of moratorium, waiver interest on interest
    03 September 2020, Scroll.in
    The Supreme Court will continue tomorrow hearing on two petitions seeking an extension of the moratorium period on repayment of loans and to waive off the interest on interest on the loan amount in view of the COVID-19 pandemic.Solicitor General Tushar Mehta, appearing for the Central government, will continue his submissions before a bench led by Justice Ashok Bhushan tomorrow as his arguments today remained inconclusive.Mehta submitted that he does not think that the Reserve Bank of India’s (RBI) August 6 circular is contested here in these petitions…
  • Loan moratorium | Interest on interest “worse than taking a pound of flesh”
    03 September 2020, Thehindu.com
    Circulars issued by the Reserve Bank of India (RBI) on August 6 and hailed by the government in the Supreme Court came under intense criticism from individual borrowers and commercial sectors across the spectrum who called it “old wine in a new bottle”.The circulars allow individual banks discretion to resolve COVID-19 -related stress and customise relief to individual borrowers facing the reality of payment of accrued loan interest post the moratorium period…
  • RBI moratorium principle under fire
    03 September 2020, Telegraphindia.com
    Real estate, power, shopping complexes, jewellers demand extension of loan reliefA gaggle of big and small businessmen launched an attack on the government and the banking regulator on Wednesday for allowing banks to rip them off by charging interest and a penal levy on the loans that were covered by a six-month moratorium that ended two days ago.Power producers, realtors, retailers, small shopkeepers and jewellery makers joined forces to challenge the warped principle under which banks were permitted to tack on interest on loans covered by a moratorium…
  • SC to resume hearing on pleas seeking extension of moratorium, waiver interest on interest
    03 September 2020, Economictimes.indiatimes.com
    Senior lawyer Ranjit Kumar, appearing for Shopping Centres Association of India, told the bench that what they are facing today could be an effect of disaster added that mitigation measures are needed for relief and other parameters. RBI cannot become the mouthpiece of banks, Kumar said. “Our situation is really very bad, theatres, bars, food courts not being allowed, how will we earn and pay salaries, my lords, please consider this, and added that the relief should come sector-wise,” he added further noting that all the parameters of economy show shrinkage and recession…
  • Malls, retailers call for uniform guidelines as states continue to impose lockdowns
    02 September 2020, Retail.economictimes.indiatimes.com
    The unlock 4 guideline MHA which is applicable from Tuesday, says “State/UT governments shall not impose any local lockdown, outside the containment zones, without prior consultation with the central government”.The Ministry of Home Affairs ( MHA ) guidelines asking states to not impose local lockdowns without prior consultation from the central government has not provided much relief to mall operators and retailers after at least three states have decided to continue with the weekend or partial lockdowns…
  • SC to resume hearing on pleas seeking extension of moratorium, waiver interest on interest
    02 September 2020, Businessworld.in
    SC to resume hearing on pleas seeking extension of moratorium, waiver interest on interest New Delhi [India], September 2 (ANI): The Supreme Court will continue tomorrow hearing on two petitions seeking an extension of the moratorium period on repayment of loans and to waive off the interest on interest on the loan amount in view of the COVID-19 pandemic. Solicitor General Tushar Mehta, appearing for the Central government, will continue his submissions before a bench led by Justice Ashok Bhushan tomorrow as his arguments today remained inconclusive…
  • Petitioners in SC say interest on interest in moratorium is double whammy
    02 September 2020, Tfipost.com
    The Supreme Court on Wednesday observed that there is no dearth of power with the RBI, as the petitioners’ counsel argued that banks are free to restructure loans but not at the cost of penalising honest borrowers by charging interest on deferred EMI payments during the moratorium. Senior advocate Ranjit Kumar, representing the Shopping Centres Association, contended before a bench headed by Justice Ashok Bhushan that shopping centres are closed, yet are paying the employees…
  • Petitioners in SC say interest on interest in moratorium is double whammy
    02 September 2020, Theweekendleader.com
    The Supreme Court on Wednesday observed that there is no dearth of power with the RBI, as the petitioners’ counsel argued that banks are free to restructure loans but not at the cost of penalising honest borrowers by charging interest on deferred EMI payments during the moratorium. Senior advocate Ranjit Kumar, representing the Shopping Centres Association, contended before a bench headed by Justice Ashok Bhushan that shopping centres are closed, yet are paying the employees…
  • Petitioners in SC say interest on interest in moratorium is double whammy
    02 September 2020, Aninews.in
    The Supreme Court on Wednesday observed that there is no dearth of power with the RBI, as the petitioners’ counsel argued that banks are free to restructure loans but not at the cost of penalising honest borrowers by charging interest on deferred EMI payments during the moratorium. Senior advocate Ranjit Kumar, representing the Shopping Centres Association, contended before a bench headed by Justice Ashok Bhushan that shopping centres are closed, yet are paying the employees…
  • Petitioners in SC say interest on interest in moratorium is double whammy
    02 September 2020, M.dailyhunt.in
    The Supreme Court on Wednesday observed that there is no dearth of power with the RBI, as the petitioners’ counsel argued that banks are free to restructure loans but not at the cost of penalising honest borrowers by charging interest on deferred EMI payments during the moratorium. Senior advocate Ranjit Kumar, representing the Shopping Centres Association, contended before a bench headed by Justice Ashok Bhushan that shopping centres are closed, yet are paying the employees…
  • Petitioners in SC say interest on interest in moratorium is double whammy
    02 September 2020, English.lokmat.com
    The Supreme Court on Wednesday observed that there is no dearth of power with the RBI, as the petitioners’ counsel argued that banks are free to restructure loans but not at the cost of penalising honest borrowers by charging interest on deferred EMI payments during the moratorium. Senior advocate Ranjit Kumar, representing the Shopping Centres Association, contended before a bench headed by Justice Ashok Bhushan that shopping centres are closed, yet are paying the employees…
  • Petitioners in SC say interest on interest in moratorium is double whammy
    02 September 2020, Prokerala.com
    The Supreme Court on Wednesday observed that there is no dearth of power with the RBI, as the petitioners’ counsel argued that banks are free to restructure loans but not at the cost of penalising honest borrowers by charging interest on deferred EMI payments during the moratorium. Senior advocate Ranjit Kumar, representing the Shopping Centres Association, contended before a bench headed by Justice Ashok Bhushan that shopping centres are closed, yet are paying the employees…
  • Petitioners in SC say interest on interest in moratorium is double whammy
    02 September 2020, Investmentguruindia.com
    The Supreme Court on Wednesday observed that there is no dearth of power with the RBI, as the petitioners’ counsel argued that banks are free to restructure loans but not at the cost of penalising honest borrowers by charging interest on deferred EMI payments during the moratorium. Senior advocate Ranjit Kumar, representing the Shopping Centres Association, contended before a bench headed by Justice Ashok Bhushan that shopping centres are closed, yet are paying the employees…
  • Petitioners in SC say interest on interest in moratorium is double whammy
    02 September 2020, Siasat.com
    The Supreme Court on Wednesday observed that there is no dearth of power with the RBI, as the petitioners’ counsel argued that banks are free to restructure loans but not at the cost of penalising honest borrowers by charging interest on deferred EMI payments during the moratorium. Senior advocate Ranjit Kumar, representing the Shopping Centres Association, contended before a bench headed by Justice Ashok Bhushan that shopping centres are closed, yet are paying the employees…
  • Petitioners in SC say interest on interest in moratorium is double whammy
    02 September 2020, Newsd.in
    The Supreme Court on Wednesday observed that there is no dearth of power with the RBI, as the petitioners’ counsel argued that banks are free to restructure loans but not at the cost of penalising honest borrowers by charging interest on deferred EMI payments during the moratorium. Senior advocate Ranjit Kumar, representing the Shopping Centres Association, contended before a bench headed by Justice Ashok Bhushan that shopping centres are closed, yet are paying the employees…
  • Petitioners in SC say interest on interest in moratorium is double whammy
    02 September 2020, Windowtonews.com
    The Supreme Court on Wednesday observed that there is no dearth of power with the RBI, as the petitioners’ counsel argued that banks are free to restructure loans but not at the cost of penalising honest borrowers by charging interest on deferred EMI payments during the moratorium. Senior advocate Ranjit Kumar, representing the Shopping Centres Association, contended before a bench headed by Justice Ashok Bhushan that shopping centres are closed, yet are paying the employees…
  • Petitioners in SC say interest on interest in moratorium is double whammy
    02 September 2020, Dtnext.in
    The Supreme Court on Wednesday observed that there is no dearth of power with the RBI, as the petitioners’ counsel argued that banks are free to restructure loans but not at the cost of penalising honest borrowers by charging interest on deferred EMI payments during the moratorium. Senior advocate Ranjit Kumar, representing the Shopping Centres Association, contended before a bench headed by Justice Ashok Bhushan that shopping centres are closed, yet are paying the employees…
  • Petitioners in SC say interest on interest in moratorium is double whammy
    02 September 2020, Wefornews.com
    The Supreme Court on Wednesday observed that there is no dearth of power with the RBI, as the petitioners’ counsel argued that banks are free to restructure loans but not at the cost of penalising honest borrowers by charging interest on deferred EMI payments during the moratorium. Senior advocate Ranjit Kumar, representing the Shopping Centres Association, contended before a bench headed by Justice Ashok Bhushan that shopping centres are closed, yet are paying the employees…
  • Petitioners in SC say interest on interest in moratorium is double whammy
    02 September 2020, Latestly.com
    The Supreme Court on Wednesday observed that there is no dearth of power with the RBI, as the petitioners’ counsel argued that banks are free to restructure loans but not at the cost of penalising honest borrowers by charging interest on deferred EMI payments during the moratorium. Senior advocate Ranjit Kumar, representing the Shopping Centres Association, contended before a bench headed by Justice Ashok Bhushan that shopping centres are closed, yet are paying the employees…
  • Petitioners in SC say interest on interest in moratorium is double whammy
    02 September 2020, News.webindia123.com
    The Supreme Court on Wednesday observed that there is no dearth of power with the RBI, as the petitioners’ counsel argued that banks are free to restructure loans but not at the cost of penalising honest borrowers by charging interest on deferred EMI payments during the moratorium. Senior advocate Ranjit Kumar, representing the Shopping Centres Association, contended before a bench headed by Justice Ashok Bhushan that shopping centres are closed, yet are paying the employees…
  • Petitioners in SC say interest on interest in moratorium is double whammy
    02 September 2020, Dailyworld.in
    The Supreme Court on Wednesday observed that there is no dearth of power with the RBI, as the petitioners’ counsel argued that banks are free to restructure loans but not at the cost of penalising honest borrowers by charging interest on deferred EMI payments during the moratorium. Senior advocate Ranjit Kumar, representing the Shopping Centres Association, contended before a bench headed by Justice Ashok Bhushan that shopping centres are closed, yet are paying the employees…
  • Petitioners in SC say interest on interest in moratorium is double whammy
    02 September 2020, Newkerala.com
    The Supreme Court on Wednesday observed that there is no dearth of power with the RBI, as the petitioners’ counsel argued that banks are free to restructure loans but not at the cost of penalising honest borrowers by charging interest on deferred EMI payments during the moratorium. Senior advocate Ranjit Kumar, representing the Shopping Centres Association, contended before a bench headed by Justice Ashok Bhushan that shopping centres are closed, yet are paying the employees…
  • Petitioners in SC say interest on interest in moratorium is double whammy
    02 September 2020, In.news.yahoo.com
    The Supreme Court on Wednesday observed that there is no dearth of power with the RBI, as the petitioners’ counsel argued that banks are free to restructure loans but not at the cost of penalising honest borrowers by charging interest on deferred EMI payments during the moratorium. Senior advocate Ranjit Kumar, representing the Shopping Centres Association, contended before a bench headed by Justice Ashok Bhushan that shopping centres are closed, yet are paying the employees…
  • Petitioners in SC say interest on interest in moratorium is double whammy
    02 September 2020, Devdiscourse.com
    The Supreme Court on Wednesday observed that there is no dearth of power with the RBI, as the petitioners’ counsel argued that banks are free to restructure loans but not at the cost of penalising honest borrowers by charging interest on deferred EMI payments during the moratorium. Senior advocate Ranjit Kumar, representing the Shopping Centres Association, contended before a bench headed by Justice Ashok Bhushan that shopping centres are closed, yet are paying the employees…
  • Malls, retailers call for uniform guidelines as states continue to impose lockdowns
    2 September 2020, Economictimes.indiatimes.com
    The unlock 4 guideline MHA which is applicable from Tuesday, says “State/UT governments shall not impose any local lockdown, outside the containment zones, without prior consultation with the central government”. While announcing guidelines for Unlock 4, UP had said that the state will observe lockdown from Friday 10 pm to Monday 6 am. But on Tuesday, the UP government said markets will remain closed only on Sunday. West Bengal too has announced lockdown on September 7, 11 and 12…
  • Lean business marks reopening of malls
    2 September 2020, Thehindu.com
    Business was lean on day one of the reopening of malls across the State after months of lockdown.On Tuesday, Chennai’s prominent malls saw only serious buyers walking in, despite many retail outlets being open for business.“It was encouraging to see a sizeable number of people walk into the mall. We expect the number to gradually increase during the weekends. We were glad to see people adhere to COVID protocols and shop responsibly,” said Pooja Patti, centre director, Phoenix Market City and Palladium…
  • Pay Heed To The Heart Even During Covid-19 Pandemic
    31 August 2020, Outlookindia.com
    The only thing we have to fear is-fear itself (of COVID-19): Seconds still count in cardiac emergenciesFDR’s famous words for the great depression may also be relevant for the current scare in cardiac patients of acquiring Covid-19 during hospital visits, which may hinder their proper care. Both the European and US (SCAI) heart societies have been cautioning patients to pay heed to the symptoms and to consider the potential risks of heart attack or stroke, and thereby to report early. A 50-60% decline in emergency admissions is seen by both, and this is mirrored by key Indian Cardiologists also…
  • Malls, retailers rejoice as new unlock guidelines restrict use of local lockdowns
    31 August 2020, Retail.economictimes.indiatimes.com
    MHA, while issuing guidelines for unlock 4, has said that the states shall not impose local lockdowns outside the containment zones without consulting the central government.Bengaluru | New Delhi: Retailers and mall operators are hopeful that the new order from the Ministry of Home Affairs (MHA) that restricts states from imposing local lockdowns will help them ensure business continuity and benefit from an expected demand recovery in the festive season.The MHA, while issuing guidelines for Unlock 4, has said states should not impose local lockdowns outside containment zones without consulting the central government…
  • Malls, retailers rejoice as new unlock guidelines restrict use of local lockdowns
    30 August 2020, Economictimes.indiatimes.com
    MHA, while issuing guidelines for unlock 4, has said that the states shall not impose local lockdowns outside the containment zones without consulting the central government. States such as Mumbai (other than BMC), Punjab, Orissa, Madhya Pradesh, Assam, UP, Tamil Nadu and J&K implemented weekend lockdown, while some states like West Bengal and Haryana have gone for partial lockdown during the weekdays to contain the growing cases of COVID-19, in the country…
  • Weekend lockdowns mean big loss of business, rues retail industry
    24 August 2020, Thehindubusinessline.com
    With the festival season approaching and more States imposing weekend curfews and partial lockdowns amid rising Covid-19 cases, the retail industry has raised concerns about their impact on operations, consumer sentiment and the recovery of the segment. Retail industry players pointed out that weekend/partial lockdowns in many regions include shutting down of not only non-essential shops and warehouses but also essential shops and this is hitting business…
  • Weekend closure drive to set gains in reverse gear
    24 August 2020, Economictimes.indiatimes.com
    The weekend lockdown announced by the Haryana government on Friday will reverse gains made over the past two weeks, restaurant chains and mall operators said. New Delhi: Fresh and continuing curbs by states, including weekend restrictions will reverse consumer demand that has gradually revived to modest levels since the easing of the lockdown Weekend closures ordered by state governments in Haryana, Punjab and Assam, have come as huge setbacks because these two days account for almost 45% of sales, said mall operators and retailers…
  • Brand narratives change with the new normal
    24 August 2020, Indiaretailing.com
    In the wake of COVID-19, brands and shopping centres are trying to understand the current customer sentiments and are adapting to the changing trends. They are introducing initiatives that ensures customer safety while offering them a unique shopping experience. The current situation has caused change in consumer behaviour and has taught brands to ideate new ways to connect with their customers. Some of the initiatives adapted by brands are shopping over Whatsapp, video calling, curb side pickups and special home visit deliveries…
  • Newer weekend restrictions curbs will reverse the demand revival: Retailers
    24 August 2020, Retail.economictimes.indiatimes.com
    While most lifestyle retailers are witnessing just 30-50% of their pre-Covid average sales after reopening their stores, consumer demand has gradually increased after every unlocking stage. According to the retailers association of India (RAI), between 40-45% of the week’s entire business happens on weekendsNEW DELHI: Newer curbs in many states including the latest weekend restrictions in Haryana, Punjab and Assam, will reverse the demand revival as these two days account for nearly 45% of their sales, said mall operators and retailers…
  • Newer weekend restrictions curbs will reverse the demand revival: Retailers
    23 August 2020, Retail.economictimes.indiatimes.com
    While most lifestyle retailers are witnessing just 30-50% of their pre-Covid average sales after reopening their stores, consumer demand has gradually increased after every unlocking stage. According to the retailers association of India (RAI), between 40-45% of the week’s entire business happens on weekends Newer curbs in many states including the latest weekend restrictions in Haryana , Punjab and Assam, will reverse the demand revival as these two days account for nearly 45% of their sales, said mall operators and retailers While most lifestyle retailers are witnessing just 30-50% of their pre-Covid average sales after reopening their stores…
  • Phoenix Mills raises Rs 1,100 cr via QIP; Singapore govt major investor
    22 August 2020, Indiaretailing.com
    The Phoenix Mills Ltd, which has many shopping malls across the country, has raised around Rs 1,100 crore through sale of shares to institutional investors, including the Singapore government…
  • COVID-19 impact: Indoor Amusement Centres seek govt help as losses climb to Rs 1,000cr
    22 August 2020, Moneycontrol.com
    The industry estimates losses to increase to Rs 2,000 crore by end of this year.Indoor Amusement Centres (IACs) that have been shut for over five months due to the coronavirus-led lockdown are seeking help from the government to reopen.Shopping Centres Association India (SCAI), the association of mall owners in India and the Indian Association of Amusement Parks and Industries (IAAPI), the apex body representing the interests of Amusement Parks, Theme Parks, Water Parks and Indoor Amusement Centre in India, have written a letter to Home minister Amit Shah…
  • Open Indoor Amusement Centres SCAI tells govt
    22 August 2020, Indiamediamonitor.in
    Shopping Centres Association India (SCAI) and the Indian Association of Amusement have urged the home ministry to open indoor amusement and family entertainment centres immediately to ensure the industry’s survival.Over 500 indoor amusement centres and 250 amusement parks remain under lockdown for the last five months. “The industry has been under tremendous pressure through these past five months with zero revenues. The peak holiday season of April-June was a complete washout for these operators,” said Amitabh Taneja, chairman, SCAI…
  • Amusement park bodies appeal to home ministry for urgent intervention
    21 August 2020, Livemint.com
    The industry has been under tremendous pressure over the past five months as revenues remain zero, even as 60% of the recurring costs, including wages, maintenance, interest, fixed electricity charges etc, are being incurredNew Delhi: Owners of amusement and theme parks and malls have written to union home minister Amit Shah to consider reopening family entertainment centers that have continued to remain under lockdown, making it impossible for the industry to sustain its over two million workforce…
  • Shopping Centres Association asks home ministry to open family entertainment centres
    21 August 2020, Economictimes.indiatimes.com
    According to SCAI, the industry has already incurred cash losses to the tune of Rs 1100 crore, which are likely to increase to Rs 2000 crore by December 2020. “If the lockdown continues, these losses will only multiply. With no revenues in the horizon, severe measures will need to be adopted including wage cuts, retrenchment and store closures,” said Abbas Jabalpurwala, CEO, Timezone India that operates 42 stores and in calendar year 2019 alone…
  • SCAI urges govt to open up indoor amusement centers in malls
    20 August 2020, Retail.economictimes.indiatimes.com
    In a letter to Union Minister of State for Culture and Tourism Prahlad Singh Patel, the SCAI urged to reopen amusement centers within malls which serve gaming and family entertainment needs.Mumbai : After reopening of malls, the Shopping Centres Association of India( SCAI ) wants the government to have a relook at indoor amusement centers which continue to be shut. In a letter to Union Minister of State for Culture and Tourism Prahlad Singh Patel, the SCAI urged to reopen amusement centers within malls which serve gaming and family entertainment needs…
  • SCAI urges govt to open up indoor amusement centers in malls
    21 August 2020, Indiaretailing.com
    After reopening of malls, the Shopping Centres Association of India (SCAI) wants the government to have a relook at indoor amusement centers which continue to be shut.In a letter to Union Minister of State for Culture and Tourism Prahlad Singh Patel, the SCAI urged to reopen amusement centers within malls which serve gaming and family entertainment needs…
  • SCAI urges govt to open up indoor amusement centers in malls
    20 August 2020, Outlookindia.com
    Mumbai, After reopening of malls, the Shopping Centres Association of India (SCAI) wants the government to have a relook at indoor amusement centers which continue to be shut.In a letter to Union Minister of State for Culture and Tourism Prahlad Singh Patel, the SCAI urged to reopen amusement centers within malls which serve gaming and family entertainment needs.The letter, written along with the Indian Association of Amusement Parks and Industries (IAAPI), made an economic and social case for reopening the facilities…
  • Latest News | SCAI Urges Govt to Open Up Indoor Amusement Centers in Malls
    20 August 2020, Latestly.com
    Mumbai, After reopening of malls, the Shopping Centres Association of India (SCAI) wants the government to have a relook at indoor amusement centers which continue to be shut.In a letter to Union Minister of State for Culture and Tourism Prahlad Singh Patel, the SCAI urged to reopen amusement centers within malls which serve gaming and family entertainment needs.The letter, written along with the Indian Association of Amusement Parks and Industries (IAAPI), made an economic and social case for reopening the facilities…
  • SCAI Urges Govt to Open Up Indoor Amusement Centers in Malls
    20 August 2020, Devdiscourse.com
    Mumbai, After reopening of malls, the Shopping Centres Association of India (SCAI) wants the government to have a relook at indoor amusement centers which continue to be shut.In a letter to Union Minister of State for Culture and Tourism Prahlad Singh Patel, the SCAI urged to reopen amusement centers within malls which serve gaming and family entertainment needs.The letter, written along with the Indian Association of Amusement Parks and Industries (IAAPI), made an economic and social case for reopening the facilities…
  • SCAI Urges Govt to Open Up Indoor Amusement Centers in Malls
    20 August 2020, In.finance.yahoo.com
    Mumbai, After reopening of malls, the Shopping Centres Association of India (SCAI) wants the government to have a relook at indoor amusement centers which continue to be shut.In a letter to Union Minister of State for Culture and Tourism Prahlad Singh Patel, the SCAI urged to reopen amusement centers within malls which serve gaming and family entertainment needs.The letter, written along with the Indian Association of Amusement Parks and Industries (IAAPI), made an economic and social case for reopening the facilities…
  • Bhumika Group’s Urban Square celebrates 74th Independence Day with vibrancy
    18 August 2020, Thepropertytimes.in
    Udaipur: One of the largest under-construction mall in Udaipur- Urban Square celebrates Independence Day with great zeal and nationalistic sentiment.The attendees were retailers & members of Bhumika Group. The event began with unfurling of the National Flag and was followed by the unison singing of the National Anthem.Patriotic fervour was at its peak with people remembering the martyrs and applauding the efforts of the armed forces protecting us every day. The event also witnessed hearty participation from the children and youth. Chocolates and sweets were distributed amongst them…
  • Bhumika Group’s Urban Square celebrates 74th Independence Day with vibrancy
    18 August 2020, Businessnewsthisweek.com
    Udaipur: One of the largest under-construction mall in Udaipur- Urban Square celebrates Independence Day with great zeal and nationalistic sentiment.The attendees were retailers & members of Bhumika Group. The event began with unfurling of the National Flag and was followed by the unison singing of the National Anthem.Patriotic fervour was at its peak with people remembering the martyrs and applauding the efforts of the armed forces protecting us every day. The event also witnessed hearty participation from the children and youth. Chocolates and sweets were distributed amongst them…
  • Inorbit Mall introduces shopping stalls at home premises in Bengaluru
    14 August 2020, Indiaretailing.com
    With the impacts of COVID-19 still looming large, Inorbit Mall, Whitefield comes up with their interesting new methods to uplift the moods of their customers ensuring a happy shopping experience with utmost safety at your doorstep….
  • Independence day sale is under way at Elante with 100 brands offering FLAT 50% off
    13 August 2020, Chandigarhcitynews.com
    Independence day sale is under way at Elante with 100 brands offering FLAT 50% offThe favourite and safest shopping destination of the tri city is gearing up to host its annual Independence Day Sale. Over 100 brands at Elante Mall are now offering a FLAT 50% OFF and several other brands which are now offering attractive discounts until August 16. The most sought-after brands like Zara, Lifestyle, Shoppers Stop, Marks & Spencer, Tommy Hilfiger, Calvin Klein, Steve Madden, and more will all be a part of The Independence Day Sale’. Elante now has over 200 brands which are operational…
  • Independence Day Sale with over 100 brands offering FLAT 50% OFF at Elante
    13 August 2020, Newznew.com
    Several other brands offering attractive discounts until August 16 Over 95% of the dine-in options are now open Top 5 ‘Shoppers of the Month’ wins gifts worth INR 20,000 each Assured gift vouchers for shopping worth INR 10,000Independence Day Sale with over 100 brands offering FLAT 50% OFF at Elante : The favourite and safest shopping destination of the tri city is gearing up to host its annual Independence Day Sale.Over 100 brands at Elante Mall are now offering a FLAT 50% OFF and several other brands which are now offering attractive discounts until August 16…
  • Independence Day Sale with over 100 brands offering FLAT 50% OFF at Elante
    13 August 2020, Buzzingchandigarh.com
    Several other brands offering attractive discounts until August 16 Over 95% of the dine-in options are now open Top 5 ‘Shoppers of the Month’ wins gifts worth INR 20,000 each Assured gift vouchers for shopping worth INR 10,000Independence Day Sale with over 100 brands offering FLAT 50% OFF at Elante : The favourite and safest shopping destination of the tri city is gearing up to host its annual Independence Day Sale.Over 100 brands at Elante Mall are now offering a FLAT 50% OFF and several other brands which are now offering attractive discounts until August 16…
  • The new normal has helped shopping centres gain upper hand over high-streets
    11 August 2020, Indiaretailing.com
    It has been around 6 months that the first COVID-19 case came to light in India and since then the virus has been spreading, exacting not just humanitarian costs, but also the economic costs, affecting every single sector in the country. The situation has been extremely challenging for the shopping centre industry which was forced to shut down for more than 70 days…
  • COVID-19 SOP: Malls need to shell out Rs 30 lakh a month to meet sanitation guidelines, says Phoenix Mills’ Rajendra Kalkar
    07 August 2020, Moneycontrol.com
    The Phoenix Mills has concluded rental negotiation agreements with almost 90 percent of retailers and brands.Mall owners have definitely heaved a sigh of relief with the Maharashtra government allowing malls to reopen after more than four and a half months.The government has allowed malls to open only when Standard Operating Procedures (SOPs) are followed. For this, mall developers or owners have to shell out a big chunk from their coffers to meet the SOPs…
  • Malls shut in Navi Mumbai, liquor stores open in Thane
    07 August 2020, Timesofindia.indiatimes.com
    MUMBAI: A day after malls reopened, Navi Mumbai shut them again on Thursday citing violation of social distancing norms, In a major relaxation in Thane, the collector allowed sale of liquor over the counter across six civic bodies in the district.NMMC commissioner Abhijit Bangar told TOI: “People from outside the city were seen thronging malls on Wednesday. If the crowd on a weekday was unmanageable, imagine the footfall on weekends…
  • Pune’s shopping malls expect an increase in footfalls in days to come
    06 August 2020, Sakaltimes.com
    The footfalls in shopping malls in Pune stayed low due to the stringent guidelines, but the opening of malls did see several youngsters flocking around and meeting their friends August 5 was a historic day for the nation for various reasons. Kashmir had its own reason to mourn or celebrate. Then there was the Bhumi Pujan of the Ram Mandir at Ayodhya…
  • Retailers in malls want businesses to re-open
    05 August 2020, Thehindu.com
    International brands and retailers housed in malls across Tamil Nadu are sitting on a huge pile of unsold inventory and facing mounting losses owing to the COVID-19 pandemic. They have requested Chief Minister Edappadi K. Palaniswami to permit a phased re-opening of shops.“I have consignments worth several crore in my shop at a mall. Though the mall owner has given us several concessions during the last three months, our business is not going to revive any time soon,” says the proprietor of a clothing brand that specialises in weddings…
  • Pune malls back in business from Aug 5 with safety in mind
    04 August 2020, Hindustantimes.com
    SCAI welcomes the decision to allow malls to operate between 9am and 7pm. Members of Shopping Centres’ Association of India (SCAI) have welcomed the decision to allow malls to operate between 9am and 7pm from August 5. The decision was taken on July 31 when new guidelines were issued by Pune municipal commissioner Vikram Kumar. Amitabh Taneja, chairman, Shopping Centres’ Association of India, said, “SCAI has developed and rolled out stringent standard operating procedures (SOPs) in over 500 shopping malls across the country that opened up and have successfully been able to implement social distancing guidelines…
  • From Wednesday, Mumbaiites can buy liquor from shops
    04 August 2020, Hindustantimes.com
    Four days after the state government eased some more restrictions in the ongoing lockdown, civic commissioner Iqbal Singh Chahal on Monday issued a circular permitting market complexes and shopping malls in the city to remain open between 9am and 7pm from Wednesday…
  • From Wednesday, Mumbaiites can buy liquor from shops
    04 August 2020, Hindustantimes.com
    Four days after the state government eased some more restrictions in the ongoing lockdown, civic commissioner Iqbal Singh Chahal on Monday issued a circular permitting market complexes and shopping malls in the city to remain open between 9am and 7pm from Wednesday. The Brihanmumbai Municipal Corporation (BMC) also scrapped the odd-even rule meant for shops selling non-essential, and permitted them to remain open on all days. The civic body, which earlier only permitted home delivery of liquor, allowed its over-the-counter sale from Wednesday…
  • Maharashtra malls set to open, owners expect Diwali to bring the spark back
    03 August 2020, Business-standard.com
    Phoenix, Inorbit, Infiniti, and Oberoi, which have malls across the city, said they have vigorous sanitization and social distancing measures in place to ensure they adhere to guidelinesAfter keeping doors of most Maharashtra malls shut for nearly five months, key mall operators are preparing to welcome guests on Wednesday. Malls in the financial capital began shutting down from mid-March as the state swung into action to curb the spread of the coronavirus…
  • Malls in Maharashtra to open on August 5: Will customers be keen to visit?
    02 August 2020, Moneycontrol.com
    Maharashtra has more than 75 malls, with almost 50 percent spread across Mumbai MMR, Thane, Kalyan, Navi Mumbai Dombivli, etc.After a gap of more than four months, the Maharashtra government has finally given a go-ahead to malls to restart operations from August 5. Allowing malls to open up has been one of the biggest demands from the retail industry.Maharashtra has more than 75 malls, with almost 50 percent spread across Mumbai MMR, Thane, Kalyan, Navi Mumbai Dombivli, etc.Similarly, Pune has more than 20 percent malls while the rest are spread across Amravati, Aurangabad, Kolhapur, Nasik, Nagpur, Aurangabad, etc…
  • In malls post Covid: Marshals to ensure social distancing, deep sanitisation at every step in Pune
    02 August 2020, Indianexpress.com
    For those visiting malls after Aug 5 reopening, an experience like never before.The Covid-19 pandemic has left no part of life untouched, and now it is set to change the experience of visiting malls for the near future. Deep sanitisation, thermal image cameras and deployment of marshals to ensure social distancing : these elements will be part of the new normal when malls reopen in Pune on August 5, after being shut for nearly five months.Crowd control, meanwhile, will be the key in keeping visitors and mall employees alike safe…
  • Unlock 3.0: Not opening multiplexes to impact millions of jobs, says industry body MAI
    31 July 2020, Hr.economictimes.indiatimes.com
    The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience. July 31, 2020, 11:07 IST New Delhi: The government’s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday. The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience…
  • Mission Begin Again: Mumbai malls put safety protocols in place ahead of reopening
    31 July 2020, Mumbaimirror.indiatimes.com
    As part of ‘Mission Begin Again’, the government allowed malls to open from August 5, from 9 am to 7 pm. as visible from these visuals from Phoenix Marketcity, Kurla. Mall owners have set up protocols based on global practices in sanitisation and social distancing measures. UV scanners for disinfecting handbags and shopping bags have also been installed. Food courts, bars and cinemas will remain closed…
  • Unlock 3.0: Not opening multiplexes to impact millions of jobs, says industry body MAI
    31 July 2020, Outlookindia.com
    The government”s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday.The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience.”We are extremely disappointed with the Unlock 3.0 announcement to keep cinemas under continued lockdown,” MAI Member Alok Tandon said…
  • Unlock 3.0: Not opening multiplexes to impact millions of jobs, says industry body MAI
    31 July 2020, Business-standard.com
    The government”s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday.The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience.”We are extremely disappointed with the Unlock 3.0 announcement to keep cinemas under continued lockdown,” MAI Member Alok Tandon said…
  • Unlock 3.0: Not opening multiplexes to impact millions of jobs, says industry body MAI
    31 July 2020, Financialexpress.com
    The government”s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday.The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience.”We are extremely disappointed with the Unlock 3.0 announcement to keep cinemas under continued lockdown,” MAI Member Alok Tandon said…
  • Unlock 3.0: Not opening multiplexes to impact millions of jobs, says industry body MAI
    31 July 2020, Devdiscourse.com
    The government”s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday.The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience.”We are extremely disappointed with the Unlock 3.0 announcement to keep cinemas under continued lockdown,” MAI Member Alok Tandon said…
  • Unlock 3.0: Not opening multiplexes to impact millions of jobs, says industry body MAI
    31 July 2020, Theweek.in
    The government”s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday.The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience.”We are extremely disappointed with the Unlock 3.0 announcement to keep cinemas under continued lockdown,” MAI Member Alok Tandon said…
  • Unlock 3.0: Not opening multiplexes to impact millions of jobs, says industry body MAI
    31 July 2020, M.dailyhunt.in
    The government”s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday.The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience.”We are extremely disappointed with the Unlock 3.0 announcement to keep cinemas under continued lockdown,” MAI Member Alok Tandon said…
  • Unlock 3.0: Not opening multiplexes to impact millions of jobs, says industry body MAI
    31 July 2020, In.news.yahoo.com
    The government’s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday. The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience. ‘We are extremely disappointed with the Unlock 3.0 announcement to keep cinemas under continued lockdown,’ MAI Member Alok Tandon said…
  • Malls hope to revive consumption story
    31 July 2020, Freepressjournal.in
    Promise strict implementation of SOP, social distancing and crowd management Cleaning staff spray disinfectant at the High Street Phoenix mall ahead of the reopening of malls while other restrictions are maintained against the spread of the COVID-19 , in Mumbai on July 30, 2020. BL Soni Mall operators have said that the Maharashtra government’s decision allowing reopening of malls from August 5 will give a much-needed boost to the retail industry. It will also help rekindle the consumption story…
  • Latest News | Unlock 3.0: Not Opening Multiplexes to Impact Millions of Jobs, Says Industry Body MAI
    31 July 2020, Latestly.com
    The government’s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday. The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience. “We are extremely disappointed with the Unlock 3.0 announcement to keep cinemas under continued lockdown,” MAI Member Alok Tandon said…
  • Malls pin hopes on theatre reopening to bounce back to business
    29 July 2020, Livemint.com
    Occupying around 30% of the mall space, cinemas can bring in between 30% and 40% of footfalls with consumers quite often clubbing movie viewing with shopping and eating out. Shopping malls that were permitted to reopen in June after a prolonged covid-19 lockdown are looking at resumption of movie theatre operations next month as a way to bounce back to business.Occupying around 30% of the mall space, cinemas can bring in between 30% and 40% of footfalls in some cases, with consumers quite often clubbing movie viewing with shopping and eating out before or after that…
  • Mall industry will not be able to sustain if lockdown extends: Inorbit Mall CFO
    29 July 2020, Cfo.economictimes.indiatimes.com
    Any additional lockdown will make it difficult for small retailers and franchisees to sustain businesses, and that will result in substantial vacancies in malls and shopping centres, says Nitin Khanna, CFO of Inorbit. In the tussle between survival and sustenance reevaluating each cost is critical for CFOs. Khanna discusses with ETCFO, how some costs are for sustenance.The world’s strictest lockdown has left the most happening place – shopping malls empty and gloomy. The impact on the industry has also been similar…
  • Unlock 3 may turn out be a tough balancing act for central government
    28 July 2020, Livemint.co
    Keeping a lid on cases while reopening a crippled economy key task for govt Various industry groups have asked the government to ease restrictions further, subject to safeguardsThe conflicting objectives of stemming a surge in coronavirus cases and the urgency to reopen a crippled economy are posing a major policy challenge to the Narendra Modi government, which is preparing to lift the remaining curbs on economic activities from 1 August…
  • Long road to recovery
    27 July 2020, businessindia.co
    On 14 March, Uttar Pradesh’s capital Lucknow would have notched the distinction of adding a large sized mall (over one million sq. ft.) to its landscape. Very few non-metro cities in India can boast of a single unit mall of this size (a benchmark figure) which is considered to be a signpost of the typical metro (like Mumbai and Delhi) thanks to its intrinsic strength of drawing significantly higher footfalls of consumers with high, disposable incomes…
  • Mission Begin Again: Malls and gym to have a new experience; The State Government to permit these places to revive soon
    25 July 2020, Newswithchai.com
    Mumbai: Setting foot inside a shopping center or a gym is planning to be a new experience for people once the state government permits these places to revive.No swarming and social distancing will be the new normal. The state government and administrators of gyms and shopping centers have exchanged Standard Operating Procedures to be taken after once these foundations are useful. After these are concluded, the government is anticipated to issue rules beneath Mission Begin Again…
  • “50 लाख लोगों की नौकरियां बचाने के लिए फिर से मॉल्स खोले महाराष्ट्र सरकार”
    24 July 2020, Khabar.ndtv.com
    शॉपिंग सेंटर एसोसिएशन ऑफ इंडिया (SCAI) ने राज्य की उद्धव ठाकरे सरकार को पत्र लिखा है.SCAI के अनुसार, महाराष्ट्र में राज्य भर में 75 से अधिक मॉल हैं. उनमें से लगभग 50% मुंबई महानगरीय क्षेत्र में हैं, (प्रतीकात्मक तस्वीर)कोरोनावायरस लॉकडाउन के बाद से बंद बड़े महाराष्ट्र के मॉल्स को फिर से खोलने के लिए शॉपिंग सेंटर एसोसिएशन ऑफ इंडिया (SCAI) ने राज्य की उद्धव ठाकरे सरकार को पत्र लिखा है. एससीआईए ने राज्य के पर्यटन मंत्री आदित्य ठाकरे को लिखे अपने पत्र में अपील की है कि लगभग 50 लाख लोगों की नौकरियों को बचाने के लिए सरकार को राज्य…
  • Reopen Malls To Save 50 Lakh Jobs: Shopping Centres Body To Maharashtra
    24 July 2020, Ndtv.com
    Shopping Centres Association Of India has urged the Maharashtra government to let malls reopen with strict Covid safety measures in place even as state reports more than 9,000 new coronavirus cases.Coronavirus: Maharashtra reported more than 9,000 new COVID-19 cases today, highest in the country.In a desperate attempt to save jobs of around 50 lakh people, the Shopping Centres Association Of India (SCAI) has written to Maharashtra Tourism Minister Aaditya Thackeray to reopen malls which have remained shut since March because of the coronavirus pandemic…
  • Mission Begin Again: Six-pack SOPs soon for gyms
    24 July 2020, M.dailyhunt.in
    Mumbai: Setting foot inside a mall or a gym is going to be an altogether new experience for patrons once the state government allows these places to reopen. No crowding and social distancing will be the new normal. The state government and operators of gyms and malls have exchanged Standard Operating Procedures to be followed once these establishments are functional. After these are finalised, the government is expected to issue guidelines under Mission Begin Again.Public Health Minister Rajesh Tope has said the government was mulling the reopening of gyms and malls by adhering to social distancing and other norms…
  • 4 months of Maha lockdown: State government lost Rs.55,000 crore in tax revenue
    23 July 2020, Hindustantimes.com
    The four months of lockdown cost the state exchequer Rs.55,000 crore in tax revenue against the budget estimates.Although there are no estimates available for the economic losses and how it will affect the state GDP, manufacturing, services, real estate and hospitality are the worst-hit sectors, according to government officials and industry insiders. After starting a partial shutdown from March 14, the Maharashtra government imposed a complete lockdown across the state from March 23. By then almost all commercial-industrial activities had come to a halt, as shops, establishments and offices were shut down and local train services were stopped…
  • Mission Begin Again: Six-pack SOPs soon for gyms
    23 July 2020, Freepressjournal.in
    Pixabay Mumbai: Setting foot inside a mall or a gym is going to be an altogether new experience for patrons once the state government allows these places to reopen.No crowding and social distancing will be the new normal. The state government and operators of gyms and malls have exchanged Standard Operating Procedures to be followed once these establishments are functional. After these are finalised, the government is expected to issue guidelines under Mission Begin Again…
  • Amazon Prime Day sale in India is a little late this year but just in time for the festive season
    22 July 2020, Businessinsider.in
    Amazon US has confirmed that the Prime Day sale has been delayed until later this year, making India the first country to host the sale – deviating from their usual strategy of holding the sale on the same days all over the world. “This year we’ll be holding Prime Day later than usual, while ensuring the safety of our employees and supporting our customers and selling partners. We are excited Prime members in India will see savings on August 6-7, and that members all around the world will experience Prime Day later this year…
  • How are Malls and Retailers prepping for the Post-lockdown World: Manoj K. Agarwal
    21 July 2020, Everythingexperiential.businessworld.in
    To ensure social distancing, the management has even made new rules for visitors and will see to it that they are strictly followed writes Manoj K. Agarwal, CEO, 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…
  • Reasonable demand has returned in Malls that we have opened: Rashmi Sen, Phoenix Mills
    21 July 2020, Web.dailyhunt.in
    Rashmi Sen, Group COO, The Phoenix Mills, talks about the demand and purchasing scenario in the malls and expected time by which malls in Maharashtra will be opened during a candid chat with Swati Khandelwal, Zee Business. Edited Excerpts:Q: Tell us about the kind of demand that you are seeing after the reopening of the mall and are people reaching malls in the same strength and purchasing from malls or there is some reluctance in buying…
  • Reasonable demand has returned in Malls that we have opened: Rashmi Sen, Phoenix Mills
    21 July 2020, Zeebiz.com
    Rashmi Sen, Group COO, The Phoenix Mills, talks about the demand and purchasing scenario in the malls and expected time by which malls in Maharashtra will be opened during a candid chat with Swati Khandelwal, Zee Business. Edited Excerpts:Q: Tell us about the kind of demand that you are seeing after the reopening of the mall and are people reaching malls in the same strength and purchasing from malls or there is some reluctance in buying…
  • Malls petition Maharashtra government, say they should be allowed to reopen
    21 July 2020, Hindustantimes.com
    Promising to keep numbers under control and enforce social distancing, mall owners have approached the Maharashtra government, asking that they be allowed to reopen their establishments. Malls, along with theatres, schools, event halls and other places of indoor public gathering, have been shut for going on four months, amid the Covid-19 pandemic…
  • Lockdown of shopping malls in Maharashtra will prove to be death knell for industry: SCAI
    20 July 2020, Indiaretailing.com
    The Shopping Centres Association of India (SCAI) has written to Maharashtra Tourism Minister Aaditya Thackeray urging him and the State Government to take concrete steps in the urgent opening of malls in the state. Maharashtra has more than 75 malls across the state, with almost 50% spread across Mumbai MMR, Thane, Kalyan, Navi Mumbai Dombivali, etc. Similarly, Pune has more than 20 percent malls while the rest are spread across Amravati, Aurangabad, Kolhapur, Nasik, Nagpur, Aurangabad, etc. The lockdown has also put plans of more than 30 malls on hold which are presently under construction…
  • Employment cuts from august shopping center operators warn Maharashtra government
    21 July 2020, Loksatta.com
    राज्यातील मॉल सुरू करण्याची तातडीने परवानगी देण्यासाठी ठोस पावले उचलावीत, अशी विनंती करतानाच महाराष्ट्रातील शॉपिंग सेंटर चालकांचे संघटन करणाऱ्या व्यासपीठाने त्वरित मॉल सुरू न झाल्यास ऑगस्टपासून कर्मचारी कपात सुरू होईल, असा इशारा दिला आहे..
  • Maharashtra lockdown | 5 million retail jobs at stake: Shopping Centres Association
    21 July 2020, Moneycontrol.com
    The lockdown has also put plans of more than 30 malls on hold, which are currently under construction.The Shopping Centres Association of India (SCAI) has written to Maharashtra Tourism Minister Aaditya Thackeray urging him and the state government to take concrete steps to urgently open malls in the state.Maharashtra has more than 75 malls across the state, with almost 50 percent spread across Mumbai Metropolitan Region (MMR), Thane, Kalyan, Navi Mumbai, Dombivli, etc. Similarly, Pune has more than 20 percent malls while the rest are spread across Amravati, Aurangabad, Kolhapur, Nashik, Nagpur, Aurangabad, etc…
  • Business Briefs 2
    21 July 2020, In.finance.yahoo.com
    Shopping Centres Association of India urges Maha gov to open malls * The Shopping Centres Association of India has written to Maharashtra Tourism Minister Aditya Thackeray urging the government to open malls in the state…
  • Malls petition Maharashtra government, say they should be allowed to reopen
    21 July 2020, Hindustantimes.com
    Promising to keep numbers under control and enforce social distancing, mall owners have approached the Maharashtra government, asking that they be allowed to reopen their establishments. Malls, along with theatres, schools, event halls and other places of indoor public gathering, have been shut for going on four months, amid the Covid-19 pandemic. “Our industry has suffered estimated losses of over Rs 100,000 crore so far, and it is time to reopen,” said Amitabh Taneja, chairperson of the Shopping Centres Association of India (SCAI)…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Retail.economictimes.indiatimes.com
    In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon.Mumbai : Warning of heavy job-losses by August, the Shopping Centres Association of India ( SCAI ) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state…
  • Maharashtra lockdown death knell for shopping malls: SCAI
    20 July 2020, Deccanherald.com
    The Shopping Centres Association of India (SCAI) has urged the Maharashtra government to take concrete steps for urgent opening of malls in the state, which have been shut in the wake of lockdown to curb the spread of Covid-19.Maharashtra has more than 75 malls across the state, with almost 50 percent in the Mumbai metropolitan region. Similarly, Pune has more than 20 percent malls while the rest are spread across Amravati, Aurangabad, Kolhapur, Nasik, Nagpur, Aurangabad…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Bhaskarlive.in
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Thehawk.in
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Vishvatimes.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, GetNewsd
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Gulf-times.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Malls in Mumbai urge state government to resume operations
    20 July 2020, Cnbctv18.com
    While the state government is skeptical in giving a go-ahead due to rising COVID-19 cases, malls are pushing hard to reassure that they are safe enough to re-openWhile the unlock phases announced by the government now see a majority of economic activities coming back to operational pace, malls across Mumbai are still refrained from restarting the operations.With no relief in the rising number of COVID-19 cases across Maharashtra, the state government is still skeptical over taking a positive decision on the re-opening of shopping malls…
  • Maharashtra lockdown death knell for shopping malls: SCAI
    20 July 2020, Deccanherald.com
    The Shopping Centres Association of India (SCAI) has urged the Maharashtra government to take concrete steps for urgent opening of malls in the state, which have been shut in the wake of lockdown to curb the spread of Covid-19…
  • Maharashtra lockdown death knell for shopping malls: SCAI
    20 July 2020, English.lokmat.com
    The Shopping Centres Association of India (SCAI) has urged the Maharashtra government to take concrete steps for urgent opening of malls in the state, which have been shut in the wake of lockdown to curb the spread of Covid-19…
  • 50 lakhs jobs could be hit if malls don’t reopen soon in Mahrashtra: SCAI writes to Aaditya Thackeray
    20 July 2020, Mumbaimirror.indiatimes.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • With 5 mn jobs at stake, a pall of gloom descends on malls
    20 July 2020, Freepressjournal.in
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • 5-million retail jobs at stake if malls don’t open soon
    20 July 2020, Tfipost.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • 5-million retail jobs at stake if malls don’t open soon
    20 July 2020, Ommcomnews.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Prokerala.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Ianslive.in
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, English.lokmat.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Daijiworld.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Punjabnewsexpress.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, News.webindia123.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Netindia123.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Newkerala.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Socialnews.xyz
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Newsd.in
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Sify.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Retailers association urges State to take steps to reopen malls
    19 July 2020, Thehindu.com
    The Shopping Centres Association of India (SCAI) has urged the Maharashtra government to take concrete steps for urgent reopening of malls in the State. In a letter to State Tourism Minister Aaditya Thackeray, SCAI said five million people involved in modern retail would suffer if the State delays the reopening of malls any further. Maharashtra has over 75 malls with 50% in Mumbai, Thane, Kalyan, Navi Mumbai and Dombivli. Pune has over 20%, while the rest are in Amravati, Aurangabad, Kolhapur, Nasik and Nagpur…
  • With 5 mn jobs at stake, a pall of gloom descends on malls
    18 July 2020, Freepressjournal.in
    SCAI urges Aaditya Thackeray and state govt to take steps to open shopping complexes and revive economy File Photo The Shopping Centres Association of India (SCAI) has written to the Maharashtra Tourism Minister Aaditya Thackeray urging him and the state government to take concrete steps in the urgent opening of malls in the state. Maharashtra has more than 75 malls across the state, with almost 50 per cent spread across Mumbai Metropolitan Region, Thane, Kalyan, Navi Mumbai Dombivali, etc. Similarly, Pune has more than 20% malls while the rest are spread across Amravati, Aurangabad, Kolhapur, Nasik, Nagpur, Aurangabad, etc…
  • Firms say local curbs are affecting gains
    15 July 2020, Livemint.com
    A new wave of the city- and state-level lockdowns to curb the spread of COVID-19 could reverse the gains made in June, executives at consumer companies said.On Tuesday, Bihar announced a total lockdown from 16 to 31 July. Bengaluru went into a lockdown late Tuesday evening till 22 July. In Maharashtra, local civic bodies have extended lockdown restrictions in Pune, Pimpri-Chinchwad, Aurangabad, Solapur, Thane, Kalyan-Dombivali, Bhiwandi-Nizampur and Navi Mumbai. In Uttar Pradesh, offices and markets will be shut on weekends, at least for the rest of July…
  • CKD hospital opd opens for patients
    14 July 2020, Tribuneindia.com
    Amritsar: Bureau Veritas, an international certification organization, has declared Mall of Amritsar to be ‘Safe and Secure’ after an extensive audit. Col Mandeep Singh, centre director of the mall claimed the mall was found to be complying with maximized hygiene standards to ensure the health and well-being of its customers, retailers, and staff. The audit was conducted on the standard operating procedure, which had been circulated by the Shopping Centres Association of India…
  • Malls and multiplexes can’t wait to reopen doors
    13 July 2020, Timesofindia.indiatimes.com
    Chennai: It is going to be almost four months since malls and multiplexes have been shut in Tamil Nadu. The problem is — they are open elsewhere, including Delhi, that is facing a bigger scare from corona, and Bengaluru, where the COVID numbers are steadily on the rise. The Tamil Nadu government has been relaxing norms for industries and standalone retail showrooms but has stopped short of shopping malls. Mall developers, already forced to waive off rents for the lockdown period and further discounts staring at them when they open, are knocking at the doors of the state government…
  • Growel’s 1O1 Mall aligning to the new normal
    10 July 2020, Indiaretailing.com
    Shopping Centre News Bureau, Sachin Dhanawade, Chief Operating Officer, Retail & Real Estate, Grauer & Weil (India) Limited, which operates Growel’s 1O1 Mall, spoke about shopping centres in COVID-19 times, while elaborating on the measures taken by the mall to make it customer-safe post the lockdown period…
  • Mall Owners count days to count footfall again
    09 July 2020, Hindustantimes.com
    The wait to reopen malls continues in the city as “Unlock 2.0” does not bring any relief to its owners. Mall owners have kept standard operating procedures (SOP) ready and have already made a representation to authorities under the aegis of Retailers Association of India (RAI) and Shopping Centres Association of India (SCAI)…
  • Opinion | Of small towns, big cities and hopes of an economic revival
    09 July 2020, Livemint.com
    In Lucknow, stalls selling street food are bustling with customers. People are eating out more at these stalls than at restaurants, probably preferring the open-air environment to air-conditioned spaces. There are reports of a similar trend in Patna, where people still congregate on roadsides, chilling and chatting. Often without masks. In Bareilly, too, the atmosphere is far more relaxed. Of course, shops in different markets are allowed to open on alternate days, so the crowds are not thick. Except in Kirana stores that are packed. Again, masks are not as common as they are in, say, Mumbai or Delhi. From all accounts, the panic and fear induced by COVID-19 in the metros seem to be missing in smaller cities, even though Lucknow and Patna are state capitals…
  • Mall owners in Pune looking forward to resume business
    08 July 2020, Hindustantimes.com
    Pune: The wait to reopen malls continues in the city as “Unlock 2.0” does not bring any relief to its owners. Mall owners have kept standard operating procedures (SOP) ready and have already made a representation to authorities under the aegis of the Retailers Association of India (RAI) and Shopping Centres Association of India (SCAI). “We believe malls are far better placed to enforce SOPs, ensure crowd control and social distancing compared to other establishments that have resumed business. We have reassured the state government of support from the industry to operate in a safe and hygienic environment,” said Amitabh Taneja…
  • Shopping in the era of pandemic: Shopping Mall vs High Streets, who has the upper hand?
    07 July 2020, Financialexpress.com
    The industry requires a long term relief plan from the government to revive from the current situation which is the second biggest contributor to the country’s GPD. Currently, strict measures are taken to curtail the spread of the virus…
  • 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…

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ONLINE NEWS

  • Cohesive Retail Policy Can Help Generating 30L Jobs By 2024
    25 November 2020, Realtynxt.com
    It further said that the retail sector is also one of the largest employers of women, which account for 25-30 per cent of the workforce.New Delhi, A cohesive National Retail Policy can help in generating 30 lakh jobs by the year 2024, according to a report by CII and Kearney.The report noted that an investment of Rs 6,500 crore in retail-related infrastructure, including warehousing and cold-storage facilities, can create 2-3 lakh more jobs by 2024, it said…
  • Festive Mall Sales At 80% Of Last Year, Sustaining: Prestige’s Irfan Razack
    25 November 2020, Bloombergquint.com
    Malls managed 80-85% sales this festive season, compared to that seen in Diwali 2019, according to Irfan Razack, at a time when Covid-19 has eaten into a number of businesses that require people to step out. Shoppers dominated these footfalls as people prepared to celebrate India’s most auspicious month, albeit largely from home, the managing director of the Prestige Group told BloombergQuint’s Menaka Doshi in an interview…
  • PHOENIX MARKETCITY AND PALLADIUM ALL SET FOR AN EXCITING SHOPPING WEEKEND FOR BLACK FRIDAY
    25 November 2020, B4umedia.in
    PHOENIX MARKETCITY AND PALLADIUM ALL SET FOR AN EXCITING SHOPPING WEEKEND FOR BLACK FRIDAY Kick off the year end-shopping season with assured adherence to safety and hygiene protocols at Phoenix MarketCity and Palladium ~24 November 2020, Chennai: Phoenix MarketCity and Palladium is all set to take the shopping experience of Chennaites to another level with a plethora of offers from their best-known brands this Black Friday…
  • Pacific Malls host Mega Draw, announce winners for Diwali campaign ‘Celebration toh Banta Hai’
    25 November 2020, Newspatrolling.com
    New Delhi: Pacific Mall Tagore Garden and Pacific D21 Mall, Dwarka recently hosted the Diwali Mega Draw to announce the winners of Diwalicampaign ‘Celebration Toh Banta Hai’.The felicitation ceremony took place on 22nd November and winners were declared via lucky draws held at both the malls.Dr. Bimal Badal Mohanty from Hari Nagar and Mr. Ajay Makkar from Sector 7 Dwarka were the lucky winners at Pacific Mall, Tagore Garden and Pacific D21 Mall Dwarka respectively…
  • Festive season shopping boosted electronics, garments sales: RAI
    24 November 2020, Businesstoday.in
    Retailers Association of India (RAI) on Monday said Diwali shopping brought respite to some segments of retail, especially garments, while itemsrelated to work-from-home ( WFH ) continued to show faster recovery, particularly electronics and consumer durables. Citing its Diwali retail sales input data, RAI said festive-induced shopping added some impetus to the garments sector although growth was seen only in the occasion wear, leisure wear segments, luxury brands and occasion wear brands…
  • Convenience drove sales of white goods during lockdown
    24 November 2020, Livemint.com
    Electronics retailers saw a 15-18% sales jump in the 30 days before Diwali compared to the year-ago periodConvenience was the overarching theme for the purchase of household appliances for several months, thus prompting shoppers in India to buy more front-load washing machines, food processors, microwave ovens and larger refrigerators, according to market researcher GfK, which tracked consumption of white goods between June and September.There has been growth in categories such as microwaves, washing machines, food processors, laptops and tablets over the year-ago period, suggests data from GfK before, during and after the lockdown…
  • No shopping mall in the city please
    24 November 2020, Theshillongtimes.com
    Whatever shopping mall may come up, it must not be constructed in Proper Shillong. Construct it out of town. Shillong needs to decongest. And the sooner the better for all Shillongites. Barik is a wooded area. Let it be preserved and be the lungs of the city. Jobs are important, but not at the expense of the environment. Furthermore, whenever the Government undertakes a real estate project, invariably the completion is never in sight…
  • Diwali shopping brings cheers to retail, luxury & occasion wear brands: RAI
    23 November 2020, Knnindia.co.in
    Commenting on retail sales during Diwali, Kumar Rajagopalan, CEO, Retailers Association of India (RAI), said, “The seasonal shopping trends have been greatly influenced by the pandemic situation this year. The Diwali shopping season has boosted retail sales of certain categories, however the overall festive spike has been lacking last year’s level. Occasions wear has witnessed an uptick in sales as weddings that were hitherto postponed are happening now.””However, lack of inbound travel of Non Resident Indians during the winter has had a negative impact on sales…
  • Diwali sales recover in several categories: RAI
    23 November 2020, Retail.economictimes.indiatimes.com
    It said luxury brands and occasion wear brands have indicated double digit growth, while formal office wear segment and services-led retail like salons are still at about 35% short of last year’s sales during the Diwali period.Retailers Association of India (RAI), an industry group of organized retailers, on Monday said the festive season has come as a ray of hope for the industry withDiwali sales indicating that certain categories have started to show growth as compared to the same period last year…
  • Houseful weeks are back with a bang
    23 November 2020, Bangaloremirror.indiatimes.com
    Looks like movie buffs are waiting to go back to the good old days and watch movies on the big screen with a bucket of popcorn. And their wish is slowly getting fulfilled, thanks to the series of Kannada movies being released in the theatres.ACT 1978, the Kannada movie that released three days ago, has been getting positive response from movie-goers so far…
  • Biz wary of post-festive demand
    23 November 2020, Livemint.com
    Consumer goods firms that benefited from pent-up demand in the run-up to the festive season are keeping an eye on demand trends as covid is again ravaging the big cities of the country.Retailers across apparel, packaged consumer goods, and electronics expect the wedding season and a strong winter, as well as sustained demand for home appliances, to help maintain sales momentum up to the end of December. However, they are wary of the slump in the New Year…
  • INORBIT MALL WHITEFIELD NOW OPENS DOOR FOR EYEWEAR LOVERS WITH THE LAUNCH CARRERA STORE
    22 November 2020, Thisweekindia.news
    City is slowly getting back to and adjusting to the new normal.Recently, Inorbit mall Whitefield had a grand opening of Treunity’s first luxury eyewear outlet – Carrera. The Carrera store was inaugurated on the 15th of November 2020. They continue to remain the densest eyewear brand in India. The outlet Safilo has showcased luxury brands such as Dior, Fendi, Polaroid, Carrera, Maxmara, BOSS, Banana Republic, Beckham, Fossil, HUGO to name a few…
  • Retailers remain cautious about post festive demand
    22 November 2020, Livemint.com
    Retailers remain wary of the slump after December as pent-up demand may subside in the last quarter of the current financial yearConsumer goods companies—which benefited from pent-up demand in the run up to India’s festive key season—remain watchful about post-festive consumer demand as covid-19 cases are again ravaging the country’s top cities.Several apparel, packaged consumer goods and electronics retailers said they expect demand to continue till December, helped by an uptick in weddings, strong winters and a sustained demand for home appliances…
  • COVID-19 hits shopping mall launches in the country
    21 November 2020, Retail.economictimes.indiatimes.com
    Severely impacted by the pandemic, just five malls with 2.75 million square feet of space, came up and considering the progress in construction work, 14 new malls spanning 5.9 mn sq. ft. area are likely to completed by 2021- end.Kolkata: Launching of shopping malls in 2020 was hit badly with only five properties beginning operations so far against a pre COVID-19 estimate of 54, which were likely to be unveiled across the country this year, a global property consultant said on Monday…
  • Mumbai Central mall gets fire brigade notice for ‘false’ compliance certificate, 29 others in dock
    20 November 2020, Timesofindia.indiatimes.com
    Mumbai Central mall MUMBAI: Nearly a month after a fire broke out at a mall in Mumbai Central, the fire brigade has issued a notice to the mallmanagement and a registered consultant who had issued a “false” fire compliance certificate. The mall’s firefighting system was not in working condition when the fire broke out, yet its management had submitted a fire compliance certificate, stating that it was in good-working condition…
  • Mumbai: No relief for shopkeepers of SoBo’s City Centre Mall
    20 November 2020, Newsr.in
    There is no relief for shopkeepers seeking the opening of City Centre Mall at Nagpada from the *BMC*, despite meeting environment and tourism minister Aaditya Thackeray.The BMC refused permission to open the mall early this month and insisted on a structural audit of the building. It has also issued notices to 29 malls in the Protesters voice their opinions during Bristol’s anti-lockdown march Watch the moment that police arrested protestors who were taking part in an anti-lockdown march…
  • Pacific Mall organises a lottery to observe one year of operations
    19 November 2020, 99acres.com
    On the occasion of the first anniversary, renowned shopping and entertainment destination Pacific D21 Mall organised a lucky draw for its customers.Three customers won diamond pendants, and others won consolation prizes. Speaking on the same, Mr Abhishek Bansal, Executive Director, Pacific Mall, has said, “We have registered encouraging sales and footfalls during the festive season. This would have not been possible without the retailers’ contribution to the ‘Pacific Anniversary Shopping Festival’. Loud cheers for all retailers of Pacific D21 Mall.”…
  • Pandemic compels foodservice operators in malls to think out of the box
    18 November 2020, Indiaretailing.com
    Despite COVID-19, the Indian Retail & Shopping Centre Industries are on verge of welcoming the festival season. The season, which commences around the month of September has been the ‘bread and butter season’ of the industry for decades now…
  • COVID-19 hits shopping mall launches in the country
    18 November 2020, Tribuneindia.com
    “Launching of shopping malls in 2020 was hit badly with only five properties beginning operations so far against a pre COVID-19 estimate of 54, which were likely to be unveiled across the country this year, a global property consultant said on Monday.Severely impacted by the pandemic, just five malls with 2.75 million square feet of space, came up and considering the progress in construction work, 14 new malls spanning 5.9 mn sq ft area are likely to completed by 2021-end…
  • COVID-19 hits shopping mall launches in the country
    17 November 2020, Retail.economictimes.indiatimes.com
    Severely impacted by the pandemic, just five malls with 2.75 million square feet of space, came up and considering the progress in construction work, 14 new malls spanning 5.9 mn sq. ft. area are likely to completed by 2021- end.Kolkata: Launching of shopping malls in 2020 was hit badly with only five properties beginning operations so far against a pre COVID-19 estimate of 54, which were likely to be unveiled across the country this year, a global property consultant said on Monday…
  • Only 5 malls launched across India in 2020: Report
    16 November 2020, Economictimes.indiatimes.com
    Mumbai, Severely impacted by Covid-19 outbreak, Indian cities in 2020 saw the addition of just five new malls as against 54 expected before the coronavirus hit the nation, said an Anarock report on Monday. Among the cities that added the new mall supply are Gurugram, Delhi, Lucknow and Bengaluru. The supply is far less than the previously predicted numbers, it noted…
  • COVID-19 hits shopping mall launches in the country
    16 November 2020, Outlookindia.com
    Kolkata: Launching of shopping malls in 2020 was hit badly with only five properties beginning operations so far against a pre COVID-19 estimate of 54, which were likely to be unveiled across the country this year, a global property consultant said on Monday.Severely impacted by the pandemic, just five malls with 2.75 million square feet of space, came up and considering the progress in construction work, 14 new malls spanning 5.9 mn sq. ft. area are likely to completed by 2021- end…
  • COVID-19 & Festival Shopping: NCR Malls See Shoppers Return, Online Shopping Surges | Festival Ideas
    16 November 2020, Msn.com
    #CNBCTV18 #BusinessNews #NCR #FestivalShopping #Realty #NCRMalls #MallsPostPandemicPost-Pandemic and during the festive season the malls in the NCR region now see shoppers return.The coronavirus pandemic is not yet over but festival vibes and the need to wear new clothes and buy different item for Diwali is what bringing people to the mall. Watch this ground report to know more. CNBC-TV18 is India’s No.1 Business medium and the undisputed leader in business news. The channel’s benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond…
  • Diwali celebrations at Delhi malls are ‘lit’
    14 November 2020, Newindianexpress.com
    Temple structures, beautiful carvings and pillars, water bodies, twinkling lamps, and ornate bells all form a part of the beautiful installation.Malls around the city have lit up for Diwali and are vying to outdo each other in wooing customers through their doors with luminous displays and great deals. If Pacific Mall in West Delhi has an imposing model of the Ram Mandir in Ayodhya, Select CITYWALK in Saket has announced a bevy of new openings including Molton Brown, Decathalon, Bugatti, EA7 from Emporio Armani, Bateel, Hamster London and Jom Jom Malay for awesome Malaysian food…
  • Covid upends shopping trends
    14 November 2020, Livemint.com
    While consumers are hesitant about visiting stores, they are spending more time and money online, a trend that may outlive the pandemicThis Diwali is proving to be like no other. Age-old shopping traditions are being tested with covid upen-ding consumer behaviour.For instance, many have taken to buying digital gold thisDhanteras, considered an auspicious time to buy precious metals by many Hindus, wary of visiting jewellery stores during the pandemic.While consumers are hesitant about visiting stores, they are spending more time and money online, a trend that may outlive the pandemic.However, not all shopping trends this year may be permanent…
  • Covid casts shadow on Diwali shopping in Hyderabad
    14 November 2020, Bhaskarlive.in
    Hyderabad, Nov 13 | Like many other festivals for last eight months, Covid-19 had its shadow on Diwali too with the usual shopping buzz associated with the festivities clearly missing. There were thin crowds in the Hyderabad markets on the eve of Diwali. However, it was a mixed bag for the traders. While shopping malls and leading stores wore a near deserted look, shops in the traditional markets saw brisk business. The ban on sale and use of firecrackers by the Telangana government following High Court’s direction did not have much impact on the festive mood…
  • Kolkata: Malls in slog-over Diwali batting to make up for pandemic shortfall
    13 November 2020, Timesofindia.indiatimes.com
    KOLKATA: The recovery in festive sales continued at city malls with some facilities clocking as much revenue as last year.Some, though, fell short by 15%-20% of the number. Although malls, cinemas and restaurants traditionally remain deserted on Kali Puja and Diwali evenings as families stay home for Lakshmi Puja and other Diwali rituals, the blanket ban on fireworks and prospects of a silent Diwali has given rise to expectations of Bengalis stepping outdoors to dine at malls and high-street restaurants…
  • Diwali Celebrations Begin on a Grand Note at Phoenix Marketcity
    13 November 2020, Blogspot.siliconvillage.net
    Phoenix Marketcity is all set to welcome its patrons with a gorgeous décor to make sure Diwali brings even more charm to the festivities.Diwali and Dhanteras are festivals of lights, celebration, happiness, and a time to indulge in shopping and soak in the festive spirit with family and friends. Keeping this in mind, Phoenix Marketcity has come up with “Royal Gazebo “– the dual installations at the mega mall are inspired by the royalty and richness of Indian heritage and jewels…
  • COVID-19 & Festival Shoppings, NCR Malls See Shoppers Return | Festival Ideas
    13 November 2020, Msn.com
    #CNBCTV18 #BusinessNews #NCR #FestivalShopping #Realty #NCRMalls #MallsPostPandemicPost-Pandemic and during the festive season the malls in the NCR region now see shoppers return.The coronavirus pandemic is not yet over but festival vibes and the need to wear new clothes and buy different item for Diwali is what bringing people to the mall. Watch this ground report to know more. CNBC-TV18 is India’s No.1 Business medium and the undisputed leader in business news…
  • Four shop owners move Bombay HC to shut, seal Central Mall
    11 November 2020, Realty.economictimes.indiatimes.com
    They also placed before HC the “rampant and unlawful construction” carried out by developer Neelkamal Realtors & Builders Pvt Ltd and unlawful sale and storage of cellular phones and lithium batteries.MUMBAI : Four shop owners at Mumbai Central’s Orchid City Central Mall, where a fire raged last month, have moved Bombay high court to “close and seal” the mall till it is restored as per a 2006 sanctioned occupation plan and safety measures are installed…
  • Gutted City Centre mall cannot reopen till illegal constructions are demolished: BMC
    11 November 2020, Indianexpress.com
    Opposition leader Ravi Raja has alleged there are massive illegal constructions inside the mall. “The BMC-approved plan shows 344 galas, but the mall had1,344. BMC should first take action against these violations, and then allow the mall to operate,” Raja said.The City Centre mall, which was gutted by fire last month, will not be allowed to reopen unless illegal constructions inside are demolished, the Brihanmumbai Municipal Corporation (BMC) said on Wednesday. Standing Committee chairman Yashwant Jadhav directed the civic administration to not allow the mall to reopen unless the illegal constructions are removed…
  • Make your Diwali ‘Shubh’ and ‘Safe’ with Ambience Malls
    11 November 2020, Adgully.com
    Ambience Mall in Vasant Kunj and Gurgaon are gearing up to make Diwali special, gratifying and safe for city shoppers.Starting from 1 November to 14 November, the malls will celebrate the auspicious festival by treating shoppers to various offers, as well as opportunities to win extravagant prizes.Both the malls are decked in colourful handmade hangings decorations inspired by “Vocal for Local” and “Atmanirbhar Bharat” initiative by the government. In Ambience Mall Gurgaon, shoppers will get to see a grand 23ft installation of Shri Ram and Sita Mata, handcrafted by ace artisans from Kolkata…
  • Enhanced digital shopping experiences
    10 November 2020, Tfipost.com
    Looking to shop for some bespoke and unique products from the cool confines of your home/office that can be delivered right at your doorstep? The newly launched Infinique Mall — an online curated mall that retails rare, premium and speciality luxury goods which customers can shop for from anywhere in the world. Owned and operated by BizEdge Disha Private Limited, retails products that are unique and services which are exclusive…
  • Mumbai malls gear up for Dhanteras-Diwali
    10 November 2020, Timesofindia.indiatimes.com
    The festive season is on and these last two months of 2020 is all set to witness Gurupurab, Diwali and Christmas celebrations, albeit in the ‘new normal’ way.With Unlock 6.0 in place, Mumbai has seen malls open up partially and footfalls too have picked up momentum during the lst one month of festive season.Sachin Dhanawade, the chief operating officer for retail of a well-known mall in the western suburbs shares, “During the festive quarter last year, we had achieved our highest retail sales and TD (sales per square foot) since inception by a very good margin…
  • Punjab govt allows opening of bars in hotels, shopping malls and multiplexes
    10 November 2020, Tribuneindia.com
    Tribune News Service Chandigarh, November 10The Punjab Government on Tuesday allowed to open more activities in areas outside the containment zones which includes opening of bars in hotels, shopping malls, and multiplexes. Disclosing this here, an official spokesperson said that the Punjab Government has decided to allow opening of bars in hotels, shopping malls, and multiplexes located in areas outside containment zones in Punjab. He added that the managements of such commercial establishments must ensure meticulous compliance of the SOPs issued by the health department from time to time…
  • REWARDING SHOPPING EXPERIENCES COMING YOUR WAY! SHOP AT INORBIT AND GET A CHANCE TO WIN A FREE STAY AT WESTIN
    10 November 2020, Textilevaluechain.in
    Cyberabad, October 2020: Block your dates! Inorbit mall is all set to bring in the festivities in style. The iconic shopping destination of the city invites you to indulge in a rewarding shopping experience.Participate in shop and win, where you can win a complimentary stay at Westin. Shoppers who shop for Rs. 15000 are eligible to be a part of the Shop and Win. Shoppers do not go empty handed, as there are loads of other surprises coming your way…
  • This Diwali, get set ready to witness the glory of the Holy City of Benaras at Vegas Mall
    10 November 2020, Bollyy.com
    The patrons will be able to see the grand city which has a rich history of tradition and lights on the occasion of DiwaliShareThe city of Varanasi has been known by many names over the years and this quote by Mark Twain says it all: “Benaras is older than history, older than tradition, older even than legend and looks twice as old as all of them put together”. Diwali on the ghats of Benaras is the most mesmerizing sight considered as a “Festival of Lights of the Gods” in Benaras…
  • Food courts in malls are getting a digital makeover
    10 November 2020, Hospitality.economictimes.indiatimes.com
    Food tech startup HungerBox said that requests to manage food courts in malls and cafeteria in tech parks have increased as malls look to outsource the job. Food courts in the malls are getting a digital makeover as pandemic has forced operators to adopt zero-touch policy. Food tech startup HungerBox said that requests to manage food courts in malls and cafeteria in tech parks have increased as malls look to outsource the job…
  • Covid scare: 66% consumers set to visit markets just for festive shopping
    10 November 2020, Socialnews.xyz
    Due to the impact of Covid-19, 66 per cent consumers are expected to just visit the local market for festive shopping instead of visiting main markets in town, this Diwali.Twenty per cent consumers are expected to visit the main market in their town for festive shopping while only 16 per cent consumers expected to visit malls this festive season.Local and neighbourhood retailers and traders to see higher consumer footfalls, as per a survey by Local Circles.Video Player is loading…
  • Food courts in malls are getting a digital makeover
    10 November 2020, Economictimes.indiatimes.com
    Food tech startup HungerBox said that requests to manage food courts in malls and cafeteria in tech parks have increased as malls look to outsource the job. Food courts in the malls are getting a digital makeover as pandemic has forced operators to adopt zero-touch policy. Food tech startup HungerBox said that requests to manage food courts in malls and cafeteria in tech parks have increased as malls look to outsource the job…
  • Viviana Mall rolls out #DiwaliYourWay campaign
    10 November 2020, Mumbai.mallsmarket.com
    Viviana Mall rolls out # DiwaliYourWay campaign #DiwaliYourWay urges patrons to shop for themselves and light up their Diwali with self-indulgence and styleMumbai: As the festive season is nearing its crescendo, Viviana Mall, too has taken an initiative to lift the spirits of its patrons by offering them with some exciting offers through its ‘Shop N Win’ contest.The ‘Shop N Win’ contest by Viviana Mall provides the shoppers, an opportunity to register for a lucky draw with due conditions apply. A customer shopping from the mall over a certain amount, will be eligible to register for this lucky draw…
  • Indian retail malls expect brighter prospects
    09 November 2020, Fibre2fashion.com
    The retail mall industry in India has been a hotspot and with the big-ticket mall culture growing, the size of the industry too has burgeoned. Stakeholders now expect the industry to grow bigger and better due to a positive outlook, rising incomes, favourable demographics and the entry of foreign players into the market.”India is the world’s fifth-largest global destination in the retail space. The retail industry reached $950 billion in 2018 at a CAGR of 13 per cent and is expected to reach $1.1 trillion by 2020…
  • Make your Diwali ‘Shubh’ and ‘Safe’ with Ambience Malls
    09 November 2020, Exclusivenews.co.in
    Ambience Mall in Vasant Kunj and Gurgaon are gearing up to make Diwali special, gratifying and safe for city shoppers. Starting from 1 November to 14 November, the malls will celebrate the auspicious festival by treating shoppers to various offers, as well as opportunities to win extravagant prizes.Both the malls are decked in colourful handmade hangings decorations inspired by “Vocal for Local” and “Atmanirbhar Bharat” initiative by the government. In Ambience Mall Gurgaon, shoppers will get to see a grand 23ft installation of Shri Ram and Sita Mata, handcrafted by ace artisans from Kolkata…
  • How malls are geared to woo back customers with a re-imagined experience 09 November 2020, Adgully.com
    COVID-19 has changed consumer behaviour and expectations. The lockdown has had a transformational effect on business with disruptions in both supply and demand side.It has also led to rapid transition to online shopping. Even with the unlocking process and easing of several restrictions across the country, health and safety concerns are keeping customers away from physical stores. Consumers are in a constant flux of two opposing forces − concerns over visiting enclosed spaces (such as retail stores or malls), and at same time, the desire to move out and interact with one another…
  • ORION SHOPPING FESTIVAL IS BACK WITH A BANG
    09 November 2020, Bangaloretodays.wordpress.com
    Bangaloreans have been eagerly anticipating the onset of the festive season, both from a celebratory context as well as for fulfilling their festive wishlist.And Orion Shopping Festival, promises to give them all of that. The festival will be held across three Orion Malls – Orion Mall at Brigade Gateway, Orion Avenue Cooke Town and the all new Orion Uptown at Whitefield-Hoskote crossing till November 22 nd 2020. Patrons can look forward to the signature festive mall decor to feel the festive vibe and bring cheer to their world…
  • Farmers’ stir forces closure of firm’s stores in Punjab mall
    9 November 2020, Indianexpress.com
    The farmers also questioned the continued suspension of train services, saying they had vacated all tracks days ago.Protesting against the central farm laws, farmers in Punjab Sunday started an indefinite dharna outside a mall at Ludhiana-Ferozepur road and forced closure of four stores of a corporate house there. The farmers also questioned the continued suspension of train services, saying they had vacated all tracks days ago.“We got four stores of a corporate house closed and have started indefinite dharna outside the mall…
  • Festive merriment and galore across Pacific Group of malls
    8 November 2020, Businessdigestmagazine.com
    The celebratory season has begun and Pacific Group across all its shopping malls is adorned with gleaming and surreal decor elements. Pacific Mall, Sahibabad-Ghaziabad has installed the city’s tallest Lord Ram figurine of 18 feet in their main arena. Lord Rama’s representation celebrates his unique traits of honesty, loyalty, courage and humility. Visitors are flocking from all around Delhi NCR to get a click there, videos and pictures shared over social media are garnering a lot of engagement and appreciation from people…
  • Shop and win lavish prizes and get into the festive spirit safely
    8 November 2020, Internationalnewsandviews.com
    Ambience Mall in Vasant Kunj and Gurgaon are gearing up to make Diwali special, gratifying and safe for city shoppers. Starting from 1 November to 14 November, the malls will celebrate the auspicious festival by treating shoppers to various offers, as well as opportunities to win extravagant prizes.Both the malls are decked in colourful handmade hangings decorations inspired by “Vocal for Local” and “Atmanirbhar Bharat” initiative by the government. In Ambience Mall Gurgaon, shoppers will get to see a grand 23ft installation of Shri Ram and Sita Mata, handcrafted by ace artisans from Kolkata…
  • Cinema halls to open shortly in Telangana
    8 November 2020, Telanganatoday.com
    CM KCR has assured that, as the unlock process has begun, the film shootings and cinema theatres can be re-started by taking necessary precautions as per the COVID-19 guidelines.Hyderabad: The cinema theatres are likely to be opened soon in the State. Chief Minister K Chandrashekhar Rao gave an assurance in this regard to actors Chiranjeevi and Nagarjuna who met on him at Pragathi Bhavan on Saturday, stating that as the unlock process has begun, the film shootings and cinema theatres can be re-started by taking necessary precautions as per the COVID-19 guidelines…
  • Elante Mall Decked up for Diwali
    8 November 2020, Chandigarhcitynews.com
    Elante Mall Decked up for Diwali:- There is something electric about this time of the year – a few days to go for the festival of lights and everybody seems to be gearing up for the grand festival. Amidst this spirited build-up for Diwali, the most popular shopping extravaganza in the Tri-city region- ‘Happyness Wali Diwali, Khushiyon Wala Sale’at Elante Mall, Chandigarh is offering amazing deals and assured gifts to its patrons this Diwali season…
  • Elante expects rise in footfall during Diwali
    7 November 2020, Tribuneindia.com
    Chandigarh, November 6Having witnessed an increase in the footfall during the Navaratri season, Elante Mall is expecting that the footfall will further increase during Diwali.Amid the pandemic, the mall is yet to witness the same footfall as it used to witness last year. However, it claims that it is improving day by day.“With the increase in pent-up demand and ticket size, we are expecting to clock 50 per cent of footfall that we did during Diwali last year. We are expecting fashion, electronics, F&B and gifting categories to do well,” said Nishank Joshi, Chief Marketing Office, Nexus Malls…
  • Maharashtra: Cinemas can reopen only next Friday due to staff crunch, no fix on revenue model
    7 November 2020, Timesofindia.indiatimes.com
    Picture used for representational purpose only MUMBAI: Even as the state government allowed movie theatres to reopen from Thursday at 50% capacity, merely a handful were in a position to do so.Several multiplexes had cancelled their housekeeping contracts months ago and some had even cut their power connection. Besides, a majority are yet to put in place a new revenue model based on the government’s 50% seating criterion…
  • RAI PROPOSES USING OPEN SPACES IN MALLS AS DINING AREAS TO STATE GOVERNMENTS
    6 November 2020, Mumbainewsnetworks.blogspot.com
    The in-mall food & beverages, and restaurant businesses continue to face severe financial stress due to the 33% restrictions on seating capacity despite resuming business after months of lockdown. In it’s endeavour to support these businesses recover, The Retailers Association of India (RAI) has written to all State Governments across the country to permit the utilisation of open spaces in malls as additional well-spaced dining areas for operating restaurants and food courts…
  • Pacific Mall witnesses good turnout on Karwachauth
    6 November 2020, Businessnewsthisweek.com
    Karwachauth’s celebrations were observed with enthusiasm at renowned shopping and entertainment destination Pacific Mall located in Dwarka Sector 21. From past few days including today, the excitement of women to get mehndi done was worth watching. Women also engaged in shopping though maintaining social distancing.The thermal screening was done by the mall management, and masks were made mandatory for all the visitors. Hand sanitizers were also available at the place and at the same time, the mall management was also giving a message to everyone to take care of themselves…
  • GROWEL’S 101 MALL CELEBRATES ‘FESTIVAL OF DELIGHTS!’
    6 November 2020, Mumbainewsnetworks.blogspot.com
    Announces a month of extravagant shopping offers this Diwali – Offers a chance to take home the new Maruti Suzuki S Presso car, on a small spend of Rs. 5000/- Mumbai, November 5, 2020: Growel’s 1O1 Mall, Suburban Mumbai’s favourite family destination, brings in the festive mood this Diwali with fantastic offers for everyone with the ‘Festival of Delights’. The festivities this year began on October 30 th and will go on till November 29 th , offering customers hope and positivity by giving grand incentives for a small spends…
  • Creates a new shopping experience: The Infinique Mall is all set to define enhanced digital shopping experiences for the modern customer
    6 November 2020, Businessworld.in
    Creates a new shopping experience: The Infinique Mall is all set to define enhanced digital shopping experiences for the modern customer Bengaluru (Karnataka) [India], November 5 (ANI/PNN): Looking to shop for some bespoke, specially curated, unique products from the cool confines of your home/office that can be delivered right at your doorstep? Well, your search ends with the newly launched Infinique Mall. A unique concept owned and operated by BizEdge Disha Private Limited. Infinique mall is an online curated mall that retails rare, premium and speciality luxury goods which customers can shop for from anywhere in the world…
  • Maha govt allows opening of cinema halls
    5 November 2020, Newsr.in
    Maharashtra Government has now allowed the cinema halls, theatres and multiplexes to open with 50 per cent of their seating capacity in areas outside containment zones from November 5. Telangana rain fury claims 30 lives, 15 in Hyderabad alone. Fingers crossed as cinema halls, schools start to reopen. Veteran actor Soumitra Chatterjee tests negative for Covid. And Gurugram to get its.. Cinema halls and multiplexes will re-open after hiatus of over 7 months amid COVID-19 today (Oct 15)…
  • Pacific Mall witnesses good turnout on Karwachauth celebrations
    5 November 2020, Newsroompost.com
    Expressing happiness, Mr. Abhishek Bansal, Executive Director Pacific Group said, “I would like to wish all a very happy Karwachauth’s and enthusiasm to celebrate this auspicious women’s festival with completer precaution is commendable.”New Delhi: Karwachauth’s celebrations were observed with enthusiasm at renowned shopping and entertainment destination Pacific Mall located in Dwarka Sector 21.From past few days including today, the excitement of women to get mehndi done was worth watching. Women also engaged in shopping though maintaining social distancing…
  • Use open spaces in malls as dining areas for restaurants, food courts: RAI to states
    4 November 2020, M.dailyhunt.in
    Use open spaces in malls as dining areas for restaurants, food courts: RAI to statesAll state governments have been asked by the Retailers Association of India (RAI) to permit utilisation of open spaces in malls as additional well-spaced dining areas for operating restaurants and food courts. The order Wednesday said the in-mall food and beverages, and restaurant businesses continue to face severe financial stress due to the 33 per cent restrictions on seating capacity despite resuming business after months of lockdown…
  • Mall conversion rate has increased post-lockdown
    4 November 2020, Fibre2fashion.com
    Post Unlock, conversion rate has increased and gone up to 80 per cent in some malls as customers are now visiting with an intention to buy. Footfall has also increased compared to the initial months of Unlock. In relation to the footfalls, the conversion figures have been optimistic and encouraging, and most brands are happy with the performance…
  • Orion Shopping Festival in Bangalore is Back Again With A Big Bang
    4 November 2020, Blogspot.siliconvillage.net
    Bangaloreans have been eagerly anticipating the onset of the festive season, both from a celebratory context as well as for fulfilling their festive wishlist.And Orion Shopping Festival, promises to give them all of that. The festival will be held across three Orion Malls – Orion Mall at Brigade Gateway, Orion Avenue Cooke Town and the all new Orion Uptown at Whitefield-Hoskote crossing till November 22nd 2020. Patrons can look forward to the signature festive mall decor to feel the festive vibe and bring cheer to their world. Also on offer are a slew of amazing prizes and offers…
  • Mumbai: Nagpada mall can’t open till audit finds it stable
    4 November 2020, Newsr.in
    The major fire that broke out at the City Centre mall at Nagpada last month, has had the Brihanmumbai Municipal Corporation (BMC) on its toes to ensure such a situation does not arise again.The local ward office has also written to the mall owners and occupiers, saying the building must be repaired and only if the structural Fire at Mumbai’s City Centre Mall brought under control after more than 18 hours. 88 tankers and over 250 firemen were deployed at the spot in Nagpada area…
  • Festive merriment and galore across Pacific Group of malls
    4 November 2020, Businessnewsthisweek
    Facebook Twitter The celebratory season has begun and Pacific Group across all its shopping malls is adorned with gleaming and surreal decor elements. Pacific Mall, Sahibabad-Ghaziabad has installed the city’s tallest Lord Ram figurine of 18 feet in their main arena. Lord Rama’s representation celebrates his unique traits of honesty, loyalty, courage and humility. Visitors are flocking from all around Delhi NCR to get a click there, videos and pictures shared over social media are garnering a lot of engagement and appreciation from people…
  • Mumbai: Nagpada mall can’t open till audit finds it stable
    4 November 2020, Mid-day.com
    Updated: 04 November, 2020 07:24 IST | A correspondent | MumbaiBMC officials said structure damaged as it took a long time for fire to be put outThe fire in the City Centre Mall was extinguished after 56 hours. File picThe major fire that broke out at the City Centre mall at Nagpada last month, has had the Brihanmumbai Municipal Corporation (BMC) on its toes to ensure such a situation does not arise again…
  • Festive merriment and galore across Pacific Group of malls
    4 November 2020, Newspatrolling.com
    The celebratory season has begun and Pacific Group across all its shopping malls is adorned with gleaming and surreal decor elements.Pacific Mall, Sahibabad-Ghaziabad has installed the city’s tallest Lord Ram figurine of 18 feet in their main arena. Lord Rama’s representation celebrates his unique traits of honesty, loyalty, courage and humility. Visitors are flocking from all around Delhi NCR to get a click there, videos and pictures shared over social media are garnering a lot of engagement and appreciation from people…
  • Will malls and hotels bounce back this festive season?
    3 November 2020, Cnbctv18.com
    Mall owners, retailers, and restaurateurs across India are banking on the festive season to usher in the steady stream of customers that has eluded them since the start of the COVID lockdown. But, is the Indian consumer ready to shop or for that matter eat out?According to Retailers Association of India (RAI) and LitmusWorld’s annual consumer sentiment survey, 80 percent of Indian consumers are looking forward to shopping this festive season…
  • Here’s how malls in India are gearing up for the festive season
    3 November 2020, Moneycontrol.com
    Special shopping schemes, apps, offers with instant gifts, small scale events, exhibitions… malls are pulling out all the stops to woo customers back inIt’s that time of year again. After spending months largely cooped up in their homes, people are ready for the festive season and all the joys it brings: twinkling lamps, gifts, laughter and soul food…
  • Retailers take the online route to banish Covid fears
    3 November 2020, Thehindubusinessline.com
    NARAYANAN V Chennai | Updated on November 02, 2020 Published on November 02, 2020From shopping malls to individual stores on high streets, the hustle-bustle of the festival season shopping is missing this year as consumers are wary of visiting crowded places due to fear of coronavirus infection.But retailers are not willing to let the fear dampen the festive spirit of customers. From WhatsApp video shopping to augmented reality (AR) and virtual reality (VR) simulation, leading textile stores and jewellers in Tamil Nadu are leveraging technology and social media to offer comfortable, safe and personalised shopping experience for buyers…
  • COVID-19 overshadows Diwali festivities; carnival organisers and artisans count losses
    2 November 2020 , Businesstoday.in
    It should be time for Diwali melas, for people to have fun while shopping, and artisans and small businesses having their days of big earnings. But this is 2020, and the fear of the coronavirus lurks everywhere There’s a nip in the air, Dussehra is over and the festival of lights around the corner. It should be time for Diwali melas, for people to have fun while stocking up on candles, handicrafts, furniture and what have you and giving artisans and small businesspersons their days of big earnings…
  • Inorbit Mall Vashi to Celebrate Diwali with Grand Shopping Extravaganza
    1 November 2020 , Businessnewsthisweek.com
    FacebookTwitter Mumbai: The auspicious time of the year has started with the entire city getting festive ready. With Dhanteras and Diwali are around the corner, it is time to spread happiness and connect over special moments. Due to the COVID pandemic, the celebration is subdued but not a dull affair. Inorbit Mall Vashi is ready to cheer up your mood. Shoppers will get a chance to shop for the latest festive arrivals and stand a chance of winning exciting giveaways and prizes…
  • Finally, an uptick
    1 November 2020 , Indiatoday.in
    While some sectors of the economy have seen improved demand and sales in recent months, businesses are hoping the festive season sets a lasting favourable momentum.The festival season, starting with Dussehra and continuing till the New Year, is usually boom time for retailers and manufacturers alike. Everything from cars to consumer durables, clothes to mobile phones is in demand…
  • ‘Malls to get back to pre-Covid levels in a year; hotels to take more time’
    1 November 2020 , Financialexpress.com
    Brigade Enterprise COO (commercial) Subrata KC Sharma in an interview with Rishi Ranjan Kala said malls could take up to 12 months to get back to pre-Covid footfalls level, while the hotel businesses could take up to two years. Excerpts:Brigade Enterprise COO (commercial) Subrata KC SharmaThough the real estate sector is gradually coming out of the Covid-led disruptions with sales slowly picking up across segments, malls and hotels are still not out of the woods…
  • Diwali festivities at Elante Mall announced
    1 November 2020 , Tribuneindia.com
    Chandigarh, October 30The Elante Mall has announced the 23-day long ‘Happiness wali Diwali, khushiyon wala sale’ campaign, which would have over 200 brands participate with exclusive offers and deals. The mall also announced assured prizes for people, who shop over Rs10,000 from October 31 to November 22.‘The Mighty Garuda’ is the theme that Elante Mall will be adopting during the 23 days of Diwali festivities. There will be story standees placed at major touch points across the mall to narrate the significance of the ‘Garuda’ in ‘Hindu’ mythology, the bird (a kite or an eagle)…
  • Markets & malls open, coaching classes too seek nod to start
    28 October 2020, Timesofindia.indiatimes.com
    Nagpur: As state government accelerates its unlocking mode, coaching institutes say it’s high time that they too get the nod. Institutes feel with malls and traditional markets open, teenagers are anyway seen frequenting these spots hence to keep their sector closed ‘is unfair’.Sameer Phale, owner of a city-based coaching class said safety guidelines are most likely to be followed at their premises. “We have all the infrastructure available to ensure that safety guidelines are followed…
  • MCG to take stock of available parking spaces on Mall Mile, Golf Course Road
    28 October 2020, Hindustantimes.com
    With the aim of increasing the total number of available parking spaces in the city, teams from the taxation wing of the Municipal Corporation of Gurugram (MCG) will be visiting all commercial buildings, having basement parking facilities, on the heavily congested Mall Mile and Golf Course Road (GCR) next month. MCG officials said the owners of such buildings would be subsequently be given an option to get an exemption from the civic body on property taxes for their basement areas, provided they offer their basements to residents for parking free of cost…
  • Here’s how to bag the best bargains at online festive sales
    28 October 2020, Timesofindia.indiatimes.com
    By – TNN Debolina Sen Created: Oct 27, 2020, 18:48 IST facebook twitter incomThe festive fervour is incomplete without shopping and smart shoppers know how to not let the pandemic blues stop them from indulging in retail therapy. Yes, there’s a whole world of online shopping waiting to cheer you up with special festive deals and collections. Myntra CEO, Amar Nagaram, is hopeful of ethnic brands doing extremely well in the e-commerce space this festive season…
  • Footfalls building up, domestic sales improving: DLF Retail Malls
    27 October 2020, Cnbctv18.com
    As the festive season gears up, domestic spending on luxury brands is rising while mall owners are witnessing an increase in footfalls and healthy sales growth.In an interaction with CNBC-TV18, Pushpa Bector, Executive Director, DLF Retail Malls said that the company opened its Delhi malls first and noticed that the domestic consumption was on the rise, especially when it came to luxury brands.“In festive months, we are seeing both luxury and premium malls doing much better…
  • Top Online Retail Trends in India to Look Out for in 2021
    27 October 2020, Indianretailer.com
    Whether you are considering a transition into the virtual world or you are simply curious to know where we may be headed, it is a good idea to examine some predictions as well as how these trends might impact the industry as a whole.Rashmi GoyalContent WriterThanks to the current state of affairs in 2020, many of us are understandably looking forward to what 2021 may have in store. The good news is that the Indian retail sector has fared relatively well when we consider the circumstances. However, one of the most impressive sectors of growth involves the online community…
  • BMC tells auditor to check Mumbai Central mall stability
    27 October 2020, Timesofindia.indiatimes.com
    MUMBAI: The BMC has called the structural auditor of Orchid City Centre to ascertain its stability before officials go to the gutted second and third floors of the Mumbai Central mall to examine violations.Officials said there were unauthorized constructions on the fire-affected floors for which the BMC issued a stop-work notice to the mall management in 2018. The mall’s owner got a stay; the next hearing in court on the matter is scheduled for November 2…
  • Ambience Mall underpass faces another hurdle: Toll gate shifting
    27 October 2020, Timesofindia.indiatimes.com
    Gurgaon: The construction of the Ambience Mall underpass has hit another roadblock as the shifting of the gates atSirhaul toll plaza has been delayed by several months.Three of the toll plaza gates on Delhi-Jaipur side of NH-8 fall in the alignment of the U-turn underpass and need to be shifted. Officials from the National Highways Authority of India ( NHAI ) said shifting has been delayed as the South Delhi Municipal Corporation ( SDMC ) has gone back on its previous commitment of facilitating the move…
  • Deepak Asher steps down as MAI President after 18 years at the helm; Kamal Gianchandani steps in
    27 October 2020, Mediabrief.com
    After 18 years at the helm, Deepak Asher has stepped down as President of the Multiplex Association of India, ‘to pursue other interests on the non-professional front’. Kamal Gianchandani has been appointed to the position with immediate effect. Asher had served as the MAI’s President continuously since its inception in 2002. He has also served on the Boards of numerous companies as a professional Director. An MAI statement said, “All MAI members would like to publicly thank Deepak Asher for his service and dedication to serving the cinema exhibition sector…
  • Struggling fashion superstores turn to food for survival
    26 October 2020, Mumbaimirror.indiatimes.com
    Benzer believes its new category –a premium food supermarket– compliments its other offerings and completes the customer experienceBenzer on Sunday added a new vertical – a premium supermarket, while Roopam has dedicated floors to groceries, household items.One of the city’s oldest ethnic fashion stores has diversified into foods and household goods, as its legacy business shows no signs of touching pre-Covid levels anytime soon.At Roopam in Dhobi Talao. the lower floors of the seven-floor property now stock everything from groceries, cakes and pastries to stationery and household goods…
  • Mumbai City Centre Mall fire: Cooling operations on after blaze razed for over 40 hrs
    26 October 2020, Indianexpress.com
    A fire brigade official said, “The cooling operation will take time. The mall stored highly inflammable objects like electronic items and batteries in large quantities. If not cooled properly, they can flare up and restart the fire. There are around 400 shops on every floor.”Cooling operations were still on at the City Centre Mall in south Mumbai on Monday after the fire raged for over 40 hours in the commercial structure. The fire that broke out on Thursday night was doused at 5.08 am on Sunday…
  • Deepak Asher Steps Down as President of Multiplex Association of India
    26 October 2020, Bwpeople.businessworld.in
    Kamal Gianchandani will take over as President, MAI with immediate effectKamal Gianchandani, President, MAIThe Multiplex Association of India (MAI) today announced that its President Deepak Asher has decided to step down from his role in the association to pursue his other interests on the non-professional front. Kamal Gianchandani has been appointed to the position, with immediate effect.Deepak Asher has served as the MAI’s President continuously since its inception in 2002. Deepak Asher has also served on the Boards of numerous companies as a professional Director…
  • DLF City Centre Mall felicitates 9 empowered women of TRICITY launches Pantaloons outlet
    26 October 2020, Newznew.com
    Durga Ashtami: DLF City Centre Mall felicitates 9 empowered women of TRICITY launches Pantaloons outlet: On the occasion of ‘Durga Ashtami’, DLFCity Centre Mall, popularly known as DT, in IT Park here observed the festival by felicitating nine(9) empowered women from different fields and launching “Pantaloons” for the shopping enthusiasts of tricity and region with lucrative festive discounts. The idea behind the event was to honour the women achievers who were in a way equated to the nine (9) avatars of Goddess Durga. It was indeed a befitting tribute to womanhood…
  • Prestige, Brigade group partner to build mall, hotel project in Bengaluru
    25 October 2020, Theglobalrealty.com
    Comments Off on Prestige, Brigade group partner to build mall, hotel project in BengaluruNEW DELHI : Realty firm Prestige Estates Projects Ltd has partnered with Brigade group to jointly develop a commercial project, comprising a shopping mall and a hotel, in Bengaluru at an estimated construction cost of around Rs 500 crore.The two leading developers have jointly taken a 7.5-acre land on a 99-year lease located at Old Madras Road (OMR) in Bengaluru…
  • Shoppers ignore call of the mall
    25 October 2020, Thehindu.com
    It was low-key Dasara shopping in Hyderabad on Saturday as very few people thronged malls, restaurants and vehicle showrooms. The few exceptions were the budget retailers who offered big discounts on their stocks, apart from jewellery showrooms.At an upscale mall near Botanical Gardens, very few shoppers were seen. The only place that had some buzz was the dining area.Dasara is also the festival during which Telugu movie makers schedule their release to cash in on the holiday crowd…
  • Delhi’s Pacific Mall showcases replica of Ayodhya’s Ram temple ahead of Diwali
    25 October 2020, M.dailyhunt.in
    In an attempt to spread joy and happiness during the festive season, the Pacific Mall in Delhi’s Tagore Garden area on Saturday put up a replica of the Ayodhya’s Ram Temple ahead of Diwali.According to Lalit Rathod, the manager of the mall, the replica took about 40 to 45 days to make and about 80 experts were employed for the same.”We try to decorate the mall in an elaborate manner every year…
  • Malls focus on safety norms to attract footfall
    25 October 2020, Dtnext.in
    With rising footfalls in the run-up to the festival, authorities of shopping malls in the city are taking all health safety measures, including the use of ultraviolet rays to sanitise elevators and handrails, in the wake of the COVID-19 pandemic, officials said.Chennai: They also felt that strict adherence to safety guidelines has helped them attract visitors. Leading shopping malls such as Acropolis, South City and Quest are currently experiencing a surge in footfall and expecting that number of visitors will further rise with multiplexes reopening…
  • Mumbai mall fire under control after 18 hours; Aadiyta Thackeray visits area
    25 October 2020, Newsr.in
    Mall fire under control after 18 hours; Aadiyta Thackeray visits area Fire at Mumbai’s City Centre Mall brought under control after more than 18 hours. 88 tankers and over 250 firemen were deployed at the spot in Nagpada area. Four firemen and one deputy fire officer suffered injuries. Maharashtra Cabinet Minister Aadiyta Thackeray visited the area and took stock of the situation. Fire broke out at a shop in the mall at 8.53pm on October 22…
  • A new hope for Delhi’s restaurant business with fresh players
    24 October 2020, Newindianexpress.com
    With Diwali swiftly approaching, there seems to be some light at the end of the seemingly interminable darkness that has been 2020.With Diwali swiftly approaching, there seems to be some light at the end of the seemingly interminable darkness that has been 2020. There are glimmerings of hope in the Capital’s restaurant business as old and fresh players have begun new ventures.Chahat Kapoor, owner of Radioactive Café, that opened in Punjabi Bagh earlier this week, says, “Let’s accept the fact that till the vaccine comes, we have to embrace this normal and start living normally while taking all precautions…
  • Fire dousing operations still on at mall in central Mumbai
    24 October 2020, Outlookindia.com
    Fire-fighting operation was still on after more than 20 hours after a blaze broke out at City Centre Mall in Mumbai Central area, civic officials said on Friday evening.Over 3,500 people from the adjacent residential high- rise have been evacuated, while five fire brigade personnel including a deputy fire officer have been injured in the dousing operation, they said.All five were discharged from hospitals after treatment, said an official of the Brihanmumbai Municipal Corporation (BMC)…
  • ‘Focused’ shoppers bring back cheer as mall owners hope for recovery in festive season
    23 October 2020, Economictimes.indiatimes.com
    SECTIONS ‘Focused’ shoppers bring back cheer as mall owners hope for recovery in festive season By TNN Synopsis Every year, the weekend before Dussehra and Durga Puja kickstarts the eagerly awaited ‘golden period’ of retail shopping that gladdens mall store owners till mid-January. Each outlet looks forward to high sales during this time. (This story originally appeared in on Oct 23, 2020) Dussehra and Durga Puja kickstarts the eagerly awaited ‘golden period’ of retail shopping that gladdens mall store owners till mid-January…
  • Footfall surges in malls; full house at restaurants
    23 October 2020, Timesofindia.indiatimes.com
    Udit Prasanna Mukherji & Prithvijit Mitra Kolkata: With pandal-hopping taking a backseat, malls and restaurants have emerged as a hangout zone for Puja enthusiasts.Several malls have extended the timing of food courts and restaurants during the festival. Kolkata restaurants have witnessed a sharp spurt in footfall in the lead-up to the pujas with Panchami and Sasthi recording full occupancy throughout the day at most eateries across the central parts of the city, including Park Street…
  • (S)mall Wonder: Hopes Lift As Shoppers Start Coming Back
    23 October 2020, Timesofindia.indiatimes.com
    New Delhi: Every year, the weekend before Dussehra andDurga Puja kickstarts the eagerly awaited ‘golden period’ of retail shopping that gladdens mall store owners till mid-January. Each outlet looks forward to high sales during this time. This year though, the Covid-19 pandemic had thrown all projections and preparations awry. And the poor turnout even after the malls were allowed to open did not enthuse sellers. Until recently…
  • Fire at Mumbai Central mall, all evacuated
    22 October 2020, Timesofindia.indiatimes.com
    Mumbai: A level 4 fire broke out at City Centre Mall atMumbai Central on Thursday night, creating panic among residents.All were evacuated safely from the building. Samajwadi Party corporator and MLA Rais Shaik, who lives there with his family, said the front portion was the mall and a residential building is behind on the same plot. He said smoke created panic. Some building residents vacated their homes after noticing the smoke. Earlier too there was a fire at the mall, he said, which has many mobile accessories shops…
  • Festive sales bring cheer among retailers; e-commerce players enjoy higher pie
    22 October 2020, Devdiscourse.com
    Sellers from small cities have received a greater share of orders this year, it said. Several organised retailers having omnichannel presence also said their online sales have grown significantly as people are preferring shopping from home, the officials said. | Kolkata | Updated: 22-10-2020 17:14 IST | Created: 22-10-2020 17:14 IST A buying spree among consumers during the current festive season has ushered in green shoots of recovery in the retail sector, which was severely affected due to the COVID-19 crisis, while e-commerce companies enjoy a higher pie of sales as people prefer online shopping now…
  • Elante announces tricity’s biggest Navratri Shopping fest – NauDin, Shop & Win
    22 October 2020, Chandigarhcitynews.com
    Elante announces tricity’s biggest Navratri Shopping fest – NauDin, Shop & WinAs the festivities ring in after months of lockdown, Elante Mall has announced a Navratra special “Nau Din Shop and Win” until October 25, where over 150 top brands have rolled out special offers for the tricity. During these nine days of Navratra, there are special offers across electronics, fashion, jewellery and food at Elante Mall…
  • Prestige, Brigade form JV to build mall-cum-hotel project in Chennai at Rs 500 crore cost
    22 October 2020, Moneycontrol.com
    Razack said Prestige group will have 70 percent shareholding in the project while Brigade will have 30 percent stake.Bengaluru-based developersPrestige Estatesand Brigade group have partnered to develop a shopping mall and a hotel in Chennai at a cost of around Rs 500 crore.The two leading developers have jointly taken 7.5 acre land on 99 year lease in Chennai. “Prestige and Brigade group have joined together to develop one million sq ft area in this project…
  • How have festival purchasing habits evolved over the years?
    21 October 2020, Indianretailer.com
    This rapidly expanding spending landscape from local brick & mortar stores and malls to shopping through mobile phones is offering an excellent opportunity for marketers to create a seamless experience between online and offline shopping.Guest authorIt’s that time of the year again when marketplaces and shopping malls attract large volumes of customers. This marks the onset of India’s frantic festival season when Indians are ready to venture on their annual shopping spree…
  • Road to recovery for hospitality
    21 October 2020, Hospitality.economictimes.indiatimes.com
    Restaurants, malls, hotels, shops, every out-doorsy place – shut down, there was nowhere to go, except sitting inside masks swimming in sanitizer! Social media has been flooded with memes of 2020 and what a year it has been. People were practically grounded and the implications amplified, affecting livelihood, economies and society. And human resilience raised its head, not wanting to cave. A generation that had gotten used to living on the edge and where being busy and out of time was the norm, was dished out holes and holes of time – to reflect, self care and DIY…
  • Shopping fest at ELANTE Mall
    21 October 2020, Tribuneindia.com
    As the festivities ring in after months of lockdown, Elante Mall has announced Navratra special “Nau Din, Shop and Win” until October 25 where over 150 top brands have rolled out special offers for customers. There are special offers across electronics, fashion, jewellery and food at Elante Mall. Anil Malhotra, Executive DirectorCorporate Affairs, Nexus Malls, said: “We have our campaign for the Navratras, where customers who shop above a certain amount will win assured and instant gratification from Elante.”…
  • What consumers will buy this festival season
    21 October 2020, Thehindubusinessline.com
    The most awaited period for Indian consumer goods manufacturer is here — the festival season that begins around Navratri and ends with the New Year. With Indian households doing a large chunk of their expenditure on apparels, consumer durables, autos, homes and home accessories around this time, companies have also tried to do their bit in luring customers with lucrative discounts and offers…
  • Kolkata: Malls see rise in weekday footfall as WFH gives people flexibility
    20 October 2020, Timesofindia.indiatimes.com
    KOLKATA: More shoppers are visiting malls on weekdays now than they did prior to pandemic.While the shopper count on the two pre-Puja weekends has zoomed, there is a perceptible surge also on weekdays in these two weeks as well, something that mall operators had not witnessed in previous years.Rajatabha De, who works in a private sector firm and lives in Jadavpur, is one among many who have started visiting malls on weekdays, not only to avoid the weekend crowd, but also because work from home gives him the flexibility. “Earlier, I had to commute from work…
  • Restaurants reopen in Noida, but owners say 10pm closing time is a setback for businesses
    20 October 2020, Timesofindia.indiatimes.com
    Restaurateurs point out that Noida outlets are losing out on major business (since they reopened after lockdow… Read MoreAround a week ago, restaurateurs across NCR started a social media campaign, #UnblockedButCaged, and appealed to the authorities in Noida to extend service hours of restaurants from 10pm to 11pm. Restaurateurs pointed out that Noida outlets were losing out on major business (since they reopened after lockdown) because of a time restriction of 10pm, while those in Delhi and Gurgaon can remain open till midnight…
  • Festive season will be the barometer for India Inc’s recovery
    19 October 2020, Cfo.economictimes.indiatimes.com
    There are offers and discounts but it’s not the same usual festive season this time. From the businesses to government, everybody has put its skin in the game… to boost demand this season. Why is India Inc hoping high during this festival season? What is it that India Inc, Government, and e-commerce companies are offering this season? Here is my view.The importance of this festive season is also because this is the first-ever big opportunity for retailers since the nationwide lockdown…
  • Malls meet revenue targets three weeks before Diwali as footfall soars in Kolkata
    19 October 2020, Retail.economictimes.indiatimes.com
    The high footfall has also resulted in a spike in sales. While malls were expecting the Puja to act as a catalyst, they have all met the target at least three weeks ahead of Diwali with bumper sales over the past three weeks.KOLKATA: The last lap of shopping on the final weekend ahead of Durga Puja exceeded expectations at city malls with at least three facilities clocking higher footfall over the three days than they did during the corresponding period last year…
  • With cinema halls reopening to low footfalls, where is movie consumption headed?
    19 October 2020, Adgully.com
    Everyone’s favourite pastime – Cinema viewing – has been changed forever due to the pandemic.After 7 months of being shut due to COVID-19, Central Government’s Unlock 5.0 allows the reopening of cinema halls in several states. The guidelines state that theatres can accommodate 50 per cent of the seats with alternate seating and proper social distancing followed. Food, too, will be available in packaged forms.While most people have been expressing how much they are missing the entire movie hall experience, people are in no hurry to relive that experience in pandemic times…
  • Shoppers Stop unveils second leg of EyeStoppers 2020 event
    19 October 2020, Mxmindia.com
    By A Correspondent Leading beauty and fashion chain of stores Shoppers Stop has unveiled series of videos attempting at breaking stereotypical beauty standards and perceptions. Their pop culture show #StopTheBias is the second leg to their talent show property – EyeStoppers 2020.Sharing her thoughts, Uma Talreja, Customer Care Associate, Chief Marketing and Customer Officer at Shoppers Stop said: “The beauty industry has seen a shift during the pandemic. Lipsticks have dominated the segment but with the wearing of masks, the focus has shifted…
  • Shop, Feast and Celebrate at ‘The Great Navratri Shopping Gala’ in Ambience Malls
    19 October 2020, Nrinews24x7.com
    NEW DELHI: This festive season, be wooed by delicious delicacies, exclusive deals, and vibrant exhibits Delhi NCR’s most-loved lifestyle destinations Ambience Mall Vasant Kunj and Gurgaon are set to make the Navratri festivities indulging and gratifying for city shoppers. Starting from 17thOctober to 25thOctober, ‘The Great Navratri Shopping Gala’ is an enthralling 9-day event, packed with festive offers on fashion, lifestyle, and food.Celebrating our rich culture and traditions through food, the ‘Divine Feast’ is all about special combos and packages on delicious Navratri thalis and special festive menus…
  • Malls meet revenue targets three weeks before Diwali as footfall soars
    19 October 2020, Timesofindia.indiatimes.com
    Kolkata: The last lap of shopping on the final weekend ahead of Durga Puja exceeded expectations at city malls with at least three facilities clocking higher footfall over the three days than they did during the corresponding period last year.The high footfall has also resulted in a spike in sales. While malls were expecting the Puja to act as a catalyst, they have all met the target at least three weeks ahead of Diwali with bumper sales over the past three weeks…
  • Shoppers throng markets as Puja fervour trumps virus fear
    19 October 2020, Millenniumpost.in
    Kolkata: The pandemic failed to deter people as they thronged markets and malls for the last leg Durga Puja shopping on Sunday.New Market, Gariahat Market, and other markets and malls across the city witnessed an unprecedented surge of footfall in the evening.”Yes, the shopping is almost complete. Yes, we are scared of crowd at New Market. We have taken all the precautions from wearing mask to applying hand sanitiser at a regular interval,”said Seema Ghosh, resident of College Street.All the roads leading to the city’s shopping destinations were busy…
  • Shops start home delivery & online booking
    18 October 2020, Millenniumpost.in
    Kolkata: Shop owners have started offering home delivery and online booking facility to avoid gathering of customers at the malls and markets in the wake of COVID-19 pandemic.”Durga Puja market is not good in comparison to last year. However, there is a 30 percent increase in the online sales. Majority of the customers prefer buying online from our company’s website gap.nnow.com,” said a staff of GAP outlet at Quest mall.He reiterated that the customers prefer coming to the market on Sundays and Saturdays…
  • Festive season gradually driving Chandigarh markets out of pandemic gloom
    18 October 2020, Hindustantimes.com
    The onset of nine-day Navratri festivities has already started multiplying customer footfall and sales in the city’s markets, to even pre-lockdown levels for some, say traders. President of Business Promotion Council, Sector 17, Neeraj Bajaj said, “The corridors of Sector 17 which wore a deserted look earlier have started filling up again. People are coming out to eat at restaurants and to buy gifts for their families, and sales have increased greatly…
  • Trends in Retail & Shopping Behaviour in the New Normal
    18 October 2020, Inc42.com
    While physical stores have seen reduced footfall, the conversion rate has shot up to 90% Offline retailers have been impacted by 60% to 80% across malls and high-street stores during this pandemic ‘Revenge shopping’ may kick in this quarter like it did in China, and in hope of attracting customers during the festive period The Covid-19 pandemic and the related nationwide lockdown created a huge dent in businesses throughout India…
  • 75% Of Indian Consumers Are Shopping Online: Survey
    17 October 2020, Realtynxt.com
    As per the Festive Shopping Index 2020 by the Retailers Association of India (RAI) and LitmusWorld, 75 percent of consumers are shopping online but 66 percent of them are also considering shopping in stand-alone stores as well as malls (37 percent).With the onset of the festive season, 80 percent of Indian consumers are looking forward to shopping, with both online and physical stores coming into consideration, reflecting the rise of omnichannel purchases, according to a survey by RAI…
  • Majority Indian consumers consider online, physical stores for shopping: Survey
    17 October 2020, Retail.economictimes.indiatimes.com
    As per the Festive Shopping Index 2020 by the Retailers Association of India (RAI) and LitmusWorld, 75 per cent of consumers are shopping online but 66 per cent of them are also considering shopping in stand-alone stores as well as malls (37 per cent).New Delhi : With the onset of festive season, 80 per cent of Indian consumers are looking forward to shopping, with both online and physical stores coming into consideration, reflecting the rise of omni-channel purchases, according to a survey by RAI…
  • Majority Indian consumers consider online, physical stores for shopping: Survey
    17 October 2020, In.finance.yahoo.com
    New Delhi, Oct 16 (PTI) With the onset of festive season, 80 per cent of Indian consumers are looking forward to shopping, with both online and physical stores coming into consideration, reflecting the rise of omni-channel purchases, according to a survey by RAI.As per the Festive Shopping Index 2020 by the Retailers Association of India (RAI) and LitmusWorld, 75 per cent of consumers are shopping online but 66 per cent of them are also considering shopping in stand-alone stores as well as malls (37 per cent)…
  • Covid-19 to redefine focus towards organised retail and e-commerce
    17 October 2020, Constructionweekonline.in
    The leveraging of technology in ensuring contactless and safe shopping experience to customers has become a priorityAs in the case of all segments, covid-19 has impacted real estate too. The Unlock 5.0 phase has accelerated the pace towards recovery, and it will not be long before the economy rebounds fully.The overall health, hygiene and wellness concerns have invariably given a fillip to organized retail due to their ability to ensure adherence to stringent safety and hygiene measures. An India Brand Equity Foundation estimates that organised retail will grow at 18% in 2021 as opposed to 9% in 2017…
  • 80 per cent consumers look forward for festive shopping: Survey
    16 October 2020, M.dailyhunt.in
    New Delhi: The upcoming festive season comes with a hope for the retailers as they have been severely hit by the pandemic. A survey by the Retailers Association of India (RAI) and LitmusWorld shows that around 80 per cent Indian consumers are looking forward to buy products during the upcoming festive season.The ‘Festive Shopping Index 2020’shows that around 75 per cent of the consumers would be shopping online and around 66 per cent would also consider shopping at stand-alone stores and 37 per cent want to visit malls. The survey observed that the trend reflects the rise of omni-channel shopping…
  • Cinemas reopen: Day one sees dull start, but trade experts positive
    16 October 2020, Dailypioneer.com
    Cinemas in several states including Delhi-NCR opened doors to patrons on Friday after seven months the turnout everywhere has been far from impressive, owing to the Covid scare. Industry experts however are happy to resume operations and expect footfalls to improve by the weekend ahead.The Centre has allowed 50 per cent occupancy in cinema halls as of now, amod stringent Covid precaution measures.”We weren’t expecting it to houseful from day one. We didn’t even expect to have 50 per cent occupancy…
  • Shopping malls go all out to woo shoppers, but festive cheer unlikely
    15 October 2020, Businesstoday.in
    The festival season this year will surely not be the same for shopping malls across the country. While the usual brand activations, high decibel contests and games that one sees in malls during festivals will be absent this year, mall owners are nevertheless trying their best to woo consumers to come to shop. After all, over 50 per cent of a mall’s business comes during the festival season…
  • First day for Cinema halls; re-opens with precautionary measures
    15 October 2020, Timesnownews.com
    First day for Cinema halls; re-opens with precautionary measures15 OCTOBER 2020 | ENGLISH | GENERAL AUDIENCEIt has been seven months since Coronavirus pandemic broke out in the country, which brought everything to a halt. However, everything was opened eventually, but the cinema halls and schools were not allowed to open. In Unlock 5.0, the centre has also given nod for theatres and schools to re-open, treading cautiously.As the country steps cautiously into the new normal, ground report from Kolkata shows what exactly it will be like to go to cinema halls now…
  • RAI welcomes Indian govt stimulus to boost demand
    14 October 2020, Fibre2fashion.com
    Welcoming the government’s leave travel concession (LTC) cash voucher scheme and 10,000 festival advance to government employees to stimulate consumer demand during the festival season, the Retailers Association of India (RAI) recently said the move will help retailers recover from the immense loss of business caused due to the COVID-19 pandemic.RAI also hoped that the same LTC cash voucher scheme will be introduced for private sector employees as well.”The Indian retail industry has pinned their hopes on festive shopping to recover from the immense loss of business caused due to the pandemic…
  • Kolkata malls focus on safety protocols to tackle increasing footfalls ahead of Durga Puja
    14 October 2020, Theweek.in
    Kolkata, Oct 14 (PTI) With rising footfalls in the run-up to the Durga Puja festival, the authorities of shopping malls in the city are taking all health safety measures, including the use of ultraviolet rays to sanitise elevators and handrails, in the wake of the COVID-19 pandemic, officials said on Wednesday.They also felt that strict adherence to safety guidelines has helped them attract visitors.Leading shopping malls such as Acropolis, South City and Quest are currently experiencing a surge in footfalls ahead of Durga puja and expecting that number of visitors will further rise with multiplexes reopening from Thursday…
  • Delhi’s cinema halls reopen from tomorrow: All you need to know
    14 October 2020, Hindustantimes.com
    The standard operating procedures (SOPs) for the reopening of cinemas, issued by the Information and Broadcasting ministry, make a six-foot distance between people watching films mandatory All cinema halls, theatres and multiplexes are allowed to function from Thursday in Delhi—but with a limited seating capacity and a series of other measures aimed at safety from Covid-19—under guidelines of the Central government which were notified by the Delhi Disaster Management Authority (DDMA) last week…
  • Inorbit Mall adds a virtual layer
    14 October 2020, Telanganatoday.com
    One can hear the mall music and can do a virtual walk-through to the stores and block the products they likeHyderabad : To compensate for the fewer footfalls due to Covid related restrictions, Inorbit Mall, which has been operating in Hyderabad for more than a decade, has created a virtual mall to simulate the feeling of visiting the mall physically.One can hear the mall music and can do a virtual walk-through to the stores and block the products they like…
  • BBMP testing centres at malls and parks soon
    14 October 2020, Bangaloremirror.indiatimes.com
    BENGALURU: Malls, shopping complexes and parks inBengaluru will soon get Covid-19 testing centres, following aBBMP decision to this effect.Amid rising cases, the civic administration has made it compulsory to set up testing centres in malls, shopping complexes and parks, among other public places. The civic agency will deploy mobile units at these places and conduct tests free, officials said, adding the details will be announced soon…
  • Retailers Association welcomes govt stimulus to boost demand
    13 October 2020, Retail.economictimes.indiatimes.com
    Finance Minister Nirmala Sitharaman on Monday announced payment of cash in lieu of LTC and Rs 10,000 festival advance to government employees to stimulate consumer demand during the festival season and boost the economy.New Delhi : The Retailers Association of India (RAI) on Monday welcomed government’s LTC cash voucher scheme and Rs 10,000 festival advance to government employees to stimulate consumer demand during the festival season…
  • Consumer durables, retail firms to see demand boost
    12 October 2020, Thehindubusinessline.com
    Travel industry association expresses disappointmentConsumer durables and retail players expect to witness a boost in demand in the upcoming festival season, with the government’s move to offer LTC cash voucher and festival advance schemes to Central government employees. However, the travel industry expressed disappointment with the fact that LTC funds will be redirected towards consumer goods…
  • Retailers Association welcomes govt stimulus to boost demand
    12 October 2020, Outlookindia.com
    New Delhi, Oct 12 (PTI) The Retailers Association of India (RAI) on Monday welcomed government”s LTC cash voucher scheme and Rs 10,000 festival advance to government employees to stimulate consumer demand during the festival season.The move, it said, will help retailers recover from the immense loss of business caused due to the COVID-19 pandemic.The retailers”body also hoped that the same LTC cash voucher scheme will be introduced for private sector employees as well.”The Indian retail industry has pinned their hopes on festive shopping to recover from the immense loss of business caused due to the pandemic…
  • Spanish fashion brand Desigual has a new store in Delhi’s DLF Avenue Mall
    12 October 2020, Luxebook.in
    Popular Spanish fashion brand Desigual, opened its second brick-and-mortar store in India, in Delhi’s DLF Avenue Mall on October 8. Launched by Tablez, an organised retail group, Desigual was first introduced in the Indian market in December 2019, on Myntra, while its first offline store was launched in August 2020 at Vegas Mall, Dwarka…
  • People are choosing malls to dine-in: Yogeshwar Sharma
    12 October 2020, Hospitality.economictimes.indiatimes.com
    We’ve seen a gradual increase in footfall and all safety protocols are in place, says Yogeshwar Sharma, Executive Director and CEO of Select Infrastructure which has Select City Walk, Delhi, under its brand portfolio. Unlock 5.0 has been an important step towards the revival of the economy with the gradual re-opening of retail and F&B outlets in the malls. With a sense of growing confidence in the market, people are choosing to come to the mall to dine-in and are reserving their table prior to coming to the mall…
  • Mumbai Power Cut: Malls say they have 100 percent power backup, unaffected by outage
    12 October 2020, M.dailyhunt.in
    The major power outage in Mumbai has not affected malls as they have 100 percent back up during power failures.Most mall owners in Mumbai that Moneycontrol spoke to said that they have a generator to ensure continued power during outages. Back up of the generators lasts for 14 hours.Most malls in Mumbai open for up to 10 hours, starting 11AM. So, a 14-hour back up is enough for malls.”Being a Monday there wasn’t much crowd but we have 100 percent back up for power failures,” said Rima Kirtikar, chief marketing officer, Viviana Mall located in Mumbai suburb of Thane…
  • Theatre owners pin hopes on Diwali with mix of old, new films
    12 October 2020, Livemint.com
    Some film producers had held back from releasing films online, including Kiara Advani-starrer Indoo Ki Jawani, Sanjay Leela Bhansali’s production Tuesdays and Fridays and Yash Raj Films’ Sandeep Aur Pinky Faraar and Bunty Aur Babli 2NEW DELHI: Theatre owners in India are keen on making the most of the upcoming Diwali weekend, expecting pan-India re-openings by early November after a seven-month shutdown. Content curation remains an issue though, with most films having gone to video streaming platforms before the home affairs ministry allowed re-opening of cinemas…
  • Kolkata malls rake in revenue as citizens go on shopping spree
    12 October 2020, Timesofindia.indiatimes.com
    Kolkata: The craze in Kolkata over Durga Puja has catapulted city malls miles ahead of their counterparts in the rest of the country, recording higher footfall and revenue in the run-up to Durga Puja.Mall operators in Delhi, Bengaluru, Mumbai and Chennai are hoping the confidence of customers in Kolkata will rub off on the local customers in their cities ahead of Diwali in mid-November and bring some joy in a year of gloom.From Monday to Sunday, the 11 malls in the city clocked around 12 lakh customers and registered revenue of Rs 80 crore…
  • COVID19 and the crisis of cinema halls
    11 October 2020, Web.dailyhunt.in
    With the Coronavirus taking the shape of a pandemic among the first establishments to have shut down in India were the movie theatres.Since then it has been a huge loss for everyone and anyone involved in any part of movie making and exhibiting business.Left with no work and adjusting with pay cuts, the financial hardship of the unorganized sector workers and the people employed in cinema halls and everyone whose livelihood depended upon cinema and their families, are beyond imaginable…
  • Consumers trim overall spending due to Covid-19
    11 October 2020, Journeyline.in
    New Delhi, Oct 10: The coronavirus pandemic and the ensuing economic disruption have led to a record souring of consumer sentiment, a central bank survey found, but people remain hopeful that the situation will improve in the year ahead.“The current situation index recorded its third successive all-time low as the respondents perceived further worsening in the general economic situation and employment scenario during the last one year,” the Reserve Bank of India survey released. More respondents reported curtailment of overall and essential spending during the past year than in the previous survey…
  • Noida’s Mall of India all set to reopen next week
    11 October 2020, M.dailyhunt.in
    Noida’s Mall of India, the biggest and largest shopping centre in Sector 18, is all set to reopen next week.Noida’s DLF Mall of India is all set to reopen from next week as country exists from coronavirus lockdown. The mall has been closed since March when the lockdown was imposed and only stores dealing with essential services like Big Bazaar were operational. But now, the Mall of India is set to reopen with full fledged operations beggining next week, however, the exact date is yet to be announced…
  • Ahead Of Festive Season, Retailers Stay Cautiously Optimistic
    10 October 2020, Outlookindia.com
    Malls woo shoppers by following stringent hygiene protocols and social distancing norms.Shopaholics are yet to return on the scene but purposeful shopper with specific list in hand have started arriving in malls and big stores raising some optimism that if not by the end of this year, at least by March next year consumer sentiments would help push up businesses.As lockdown lifted in phases, many stores including shopping malls have started reopening their shutters in June and July…
  • Will Diwali 2020 bring back the joy for the Fashion Industry?
    10 October 2020, Newsroompost.com
    Before the pandemic, the 2020 forecast looked promising but the COVID-19 crisis has dramatically affected the fashion industry.Business Astrology by Hirav Shah: Will Diwali 2020 bring back the joy for the Fashion Industry?Many sectors are reeling from the fallout of COVID. The crisis has ushered the global economy into a recession, and the fashion industry has not been immune. Before the pandemic, the 2020 forecast looked promising but the COVID-19 crisis has dramatically affected the fashion industry. Fashion brands have been forced to re-evaluate their business models during the pandemic…
  • DLF Mall in Noida to Re-Open Next Week After Renovation, Date to be Announced Soon
    09 October 2020, In.news.yahoo.com
    Noida, October 9: DLF Mall of India in Noida is set to re-open next week after internal renovations.DLF Mall had largely remained shut since the past six months due to the coronavirus-induced lockdown. Stores selling essential items re-opened for a brief period, but they had to shut after a part of the mall’s ceiling collapsed in July. Since then, the internal renovation was underway, leading to complete closure of DLF Mall. “It did not make sense for us to open only for the weekends, so we used this time to renovate, paint and complete some interior work…
  • Retail In India: Getting Smart
    09 October 2020, Education.siliconindia.com
    Kumar Rajagopalan, CEO, Retailers Association of IndiaKumar Rajagopalan, CEO, Retailers Association of IndiaAs Chartered accountant & retail professional, Kumar has a part of some leading companies like the Shoppers Stop Group in India, IBM and othersFrom having to visit specific locales to buy certain things, to being able to order anything from any corner of the globe with a mere swipe of our smartphones and getting it delivered at our doorsteps – we have come a long way as a society, and as consumers.Transformation Phases of IndianAccording to the RAI – Knight Frank report Think India…
  • How Is The Indian Retail Sector Surviving The Covid-19 Pandemic?
    09 October 2020, Startup.siliconindia.com
    Satpal Yadav, Co-Founder, AKS ClothingsSatpal Yadav, Co-Founder, AKS ClothingsSatpal is a veteran in the online clothing industry and has prior working experience with brands such as Jabong and Myntra among others. He founded AKS Clothings in 2014; the firm renders a wide range of women’s wear.India’s retail industry is one of the founding pillars of the economy. The industry has more than 15 million retailers, dealing in both traditional and modern trade. The industry also employs more than 50 million people directly. Retail contributes a massive 40% to country’s total consumption and 10% to the country’s GDP…
  • Destigmatising dining-out and restoring customer confidence will take time, say restaurant owners
    09 October 2020, Hospitality.economictimes.indiatimes.com
    The new normal has dine-in allowed at 33 per cent of the restaurant’s seating capacity When Uddhav Thackeray, the chief minister of Maharashtra, announced the reopening of over four lakh restaurants , bars and hotels in the state, the hospitality industry that had been reeling under the impact of the global pandemic finally heaved a sigh of relief…
  • After renovations, DLF Mall set to reopen next week
    09 October 2020, Timesofindia.indiatimes.com
    Noida: DLF Mall of India, which has remained largely shut since the lockdown began in March, is set to open next week after internal renovations.Only stores dealing with essential items, like Big Bazaar, had been operational during the past six months. However, those, too, had shut after a part of the mall’s ceiling collapsed in July.“It did not make sense for us to open only for the weekends, so we used this time to renovate, paint and complete some interior work. We will open full-time from next week…
  • Unlock 5: Will Delhiites catch a movie at the cinema hall after it reopens?
    09 October 2020, Newindianexpress.com
    While some are not willing to take that risk, while others are eagerly waiting to catch the movies on the 70 mm screen.With the Information & Broadcasting Ministry announcing that cinema halls and theatres can resume operations from October 15 in Delhi-NCR, people can now take a break from their OTT bingewatch. But some are not willing to take that risk, while others are eagerly waiting to catch the movies on the 70mm screen…
  • Delhi government takes cue from Aaditya Thackeray’s Mumbai 24×7 model, to keep restaurants open round-the-clock
    08 October 2020, M.dailyhunt.in
    Maharashtra Tourism Minister Aaditya Thackeray’s ‘Mumbai 24×7’model is making waves in Delhi. As per the model, city restaurants, malls and multiplexes will be allowed to remain open through the day and also night. The novel idea is being implemented by Arvind Kejriwal-led Delhi government allowing city restaurants to operate round-the-clock.Rajya Sabha MP and Shiv Sena leader Priyanka Chaturvedi hailed Aaditya Thackeray’s Mumbai 24×7 model after it was adopted by the Delhi government. “Glad to see @AUThackeray ji’s Mumbai 24*7 city model being adopted by Delhi too…
  • Walk The Talk In Fashion’s New Virtual Rhythm
    08 October 2020, Expressomagazine.com
    This year, India’s finest luxury retail destinations, DLF Emporio and The Chanakya are joining hands with FDCI’s Lotus Make-up India Fashion WeekSS’21 as their official luxury partner, to bring forth a first of its kind, phygital fashion week experience. A name synonymous with bespoke luxury, DLF Luxury Malls is collaborating with the prestigious fashion event as a fitting tribute to harness India’s evolving journey in revolutionizing and digitizing runway fashion…
  • After forced intermission, malls and multiplexes see a glimmer of hope
    08 October 2020, Timesofindia.indiatimes.com
    New Delhi: After chief minister Arvind Kejriwal announced the reopening of cinemas from October 15 on social media, Sona Bahl’s phone started buzzing with ‘Family outings are back’ messages.Apart from reopening of cinemas meaning better business for Bahl’s Epicuria food mall at the Nehru Place metro station, she is excited for personal reasons too — at finally being able to plan a movie outing for family elders who haven’t stepped out of the house since March…
  • Delhi govt allows reopening of cinemas, theatres with 50 pc seating capacity from Oct 15
    08 October 2020, Devdiscourse.com
    New Delhi: The Delhi government on Wednesday permitted reopening of cinemas, theatres and multiplexes with up to 50 per cent of their seating capacity from October 15. According to an order issued by the Delhi Disaster Management Authority (DDMA), such establishments will remain closed in COVID-19 containment zones in the city. The DDMA also allowed all weekly markets to function with immediate effect…
  • Credit outlook negative for value and lifestyle fashion retailers: ICRA
    07 October 2020, Thehindubusinessline.com
    According to the rating agency, outlook ofr good and grocery retail is normalICRA has given a negative credit outlook on value and lifestyle fashion retailers, while its credit outlook on the food and grocery retailers is normal.In a report the rating agency pointed out that shutdown of malls and closure of non-essential stores in the first quarter of the fiscal year severely impacted revenues and profitability of the Indian retail industry…
  • Styling and shopping in the new age of normal
    07 October 2020, Nrinews24x7.com
    The new virtual personal shopping program is set to get Mumbai & Pune more fashionable!All of us, have a unique sense of style that truly reflects our spirit and personality. But every once in awhile, we like to seek inspiration from elsewhere, and when it comes to fashion – who better than some of the best stylists in the industry?Phoenix Marketcity, Pune has come up with something fun and fashionable for all their shoppers, where a new service has been introduced, the – virtual personal shopping…
  • Exciting offers at Phoenix MarketCity and Palladium to kick-start the festive season!
    07 October 2020, B4umedia.in
    Exciting offers at Phoenix MarketCity and Palladium to kick-start the festive season!~ Shop your worries away at Palladium Luxury Fest and explore many more sensational offers at Phoenix MarketCity ~6 October 2020, Chennai: Phoenix MarketCity Chennai, the one-stop destination for shopping, is all set to excite and welcome fashion enthusiasts to experience and explore the latest trends with remarkable offers and exciting gifts.The two-week shopping fest at Phoenix MarketCity Chennai not only brings the most favorite brands under fabulous offers but also is all set to present shoppers with prizes that are simply irrefutable…
  • ICRA believes fashion retailers could see revenue dip in range of 35-42%
    07 October 2020, Sify.com
    New Delhi: The coronavirus outbreak has adversely impacted the credit profile of the Indian retail industry as consumers deferred their discretionary spends, amid the shutdown of malls across the country as well as closure of non-essential stores across most states in the country.According to rating agency ICRA, value and lifestyle fashion retailers are expected to witness 35-42 per cent decline in revenues in FY21, with an expected decline in their operating profit margin (OPM) by 300-500 bps…
  • Health Ministry releases SOPs for reopening of the cinema halls – Here’s all you need to know
    07 October 2020, M.dailyhunt.in
    NEW DELHI: A day after the Education Ministry came out with the Standard Operating Procedures (SOP) for opening of schools, Information and Broadcasting Minister Prakash Javadekar on Tuesday released a 6-page charter of the SOPs for reopening of the cinema halls from October 15. Only 50% seats are allowed out of the total capacity of cinema halls, with alternate seats left vacant for social distancing; also, face masks will be mandatory inside the halls, the Minister said while releasing the SOPs.It has been, however, left to the discretion of the state governments to decide when to reopen cinema halls…
  • Retailers Association of India appoints Bijou Kurien as Chairman
    07 October 2020, Hr.economictimes.indiatimes.com
    The Board of Directors of RAI at its meeting held on September 30, 2020, also appointed Kulin Lalbhai, Executive Director, Arvind Ltd as the Vice Chairman, RAI said in a statement. October 07, 2020, 09:30 IST Retailers Association of India (RAI) on Tuesday said retail industry veteran Bijou Kurien has been appointed as its Chairman. The Board of Directors of RAI at its meeting held on September 30, 2020, also appointed Kulin Lalbhai , Executive Director, Arvind Ltd as the Vice Chairman, RAI said in a statement…
  • Pandemic-hit fashion retailers to see revenue dip 35-42%: ICRA
    07 October 2020, Investmentguruindia.com
    Posted in Industry News| The coronavirus outbreak has adversely impacted the credit profile of the Indian retail industry as consumersdeferred their discretionary spends, amid the shutdown of malls across the country as well as closure of non-essential stores across most states in the country. According to rating agency ICRA, value and lifestyle fashion retailers are expected to witness 35-42 per cent decline in revenues in FY21, with an expected decline in their operating profit margin (OPM) by 300-500 bps. Accordingly, it has assigned a ‘Negative’ credit outlook on the value and lifestyle fashion retailers…
  • Women’s fashion retailer, Madame expects 75% business recovery by December 2020
    07 October 2020, Mediabrief.com
    Madame , expects 75% business recovery by the third quarter of 2020. So far, year-on-year business recovery amidst COVID-19 stood at 65% and issteadily growing to the previous year’s third-quarter figures giving the brand reasons to feel positive. Madame also opened three new stores across India since April 2020 and will launch three more in this quarter, reiterating its faith in a full recovery of buying sentiment. Madame as a leading fashion retailer with over 500+ retail touch-points, selling though large format stores, standalone exclusive stores, third-party and own official shopping website, glamly.com….
  • Theaters will open from October 15: 50 percent seats will be booked, wearing masks and keeping one seat distance between the audience is mandatory
    07 October 2020, M.dailyhunt.in
    Due to Corona virus epidemic, the country’s cinemas closed for the last seven months will be able to open from October 15 with 50 percent capacity. For this, the Government announced the Standard Operating Procedure (SOP) on Tuesday. Multiplexes and theatres with 50 percent capacity will be operational from October 15 in other areas except the Containment Zone. However, full distance has to be taken care of here. Information and Broadcasting Minister Prakash Javadekar gave this information…
  • Fashion and lifestyle retailers witness uptick in biz as festive season approaches
    06 October 2020, Retail.economictimes.indiatimes.com
    In August, lifestyle retailers had reported almost 20% growth – the best since outlets reopened in June after months of lockdown – compared to July. A month-long deep discounting season and two weeks of bumper business in the first week of August due to Eid Ul Azha and Rakhi festivals had propped up sales that month.New Delhi : Fashion and lifestyle retailers say October went off to a relatively good start with the best uptick in business over the weekend compared to any other weekend so far during the pandemic as consumers have started shopping for the upcoming festive season…
  • MHA Issues New SOPS And Guidelines For Cinema Halls, Multiplexes As They Reopen From October 15
    06 October 2020, News.abplive.com
    Information and Broadcasting Minister Prakash Javadekar took to his social media on Tuesday and tweeted the list of precautionary measures that need to be applied by theatre owners to ensure the safety of the audience. Read on.New Delhi: The Ministry Home Affairs (MHA) announced the Standard Operating Process for cinema halls and multiplexes as they are all set to reopen from 15 October with 50 per cent of their sitting capacity…
  • Overall spend may drop this festive season; 50% consumers could shop online: LocalCircles Survey
    04 October 2020, Cnbctv18.com
    Only 3% consumers indicated that they will spend over Rs 50,000. 37% e-commerce shoppers will use it for gifting purposes.Half of the festive shoppers will choose e-commerce this year for shopping compares to only 27 percent consumers last year, a survey by LocalCircles showed.However, the overall spend during the festive season will likely see a fall from last year, as per the survey, as more people will shop for lower ticket items and more will refrain from spending…
  • Fashion retailers on store opening spree as commercial space frees up
    05 October 2020, Financialexpress.com
    This move comes against the backdrop of space being freed up in prime real estate locations across the country. Consider UNIQLO India, which introduced two stores in DLF Mall of India, Noida, and Vegas Mall, Dwarka, in September.Metro Shoes, for instance, is in discussion to move its standalone store in Lucknow to one of the malls.After a lull of several months, fashion retailers are back to opening new stores. Fashion retailer Madame opened six stores in July, with plans to open six more in the next three months…
  • Malls focus on digital ways to ensure patrons’ safety
    05 October 2020, Timesofindia.indiatimes.com
    Pune: Most malls in the city have launched an assortment of digital services, including contactless ordering and payments, for patrons visiting the on-premises food courts and restaurants for dine-ins.Besides, regular sanitization, reduced seating capacity, division between food outlets and seating areas are some of the measures that the malls have taken to ensure minimum human interface and prevent the spread of Covid-19.working professional Sanjay Jadhav, who visited Westend Mall on Monday, said the ordering process was seamless. “I didn’t have to speak to the staff at the outlet in the food court…
  • Acropolis Mall Presents Grand finale of ‘Ya Devi 2020’Acropolis Mall Presents Grand finale of’Ya Devi 2020’
    05 October 2020, M.dailyhunt.in
    Acropolis Mall, India’s one of the premium malls, has presented grand finale of ‘Ya Devi,2020’season 2 of Ms Blooming Kolkata today. Acropolis mall has also unveiled the Puja Shopping Bonanza christened’ Shopping Pe Topping’ in the occasion.Shalini Mukherjee Tanwani from New Alipur, was adjudged the winner of Ya Devi,2020 while < Puja Chowdhury from Behala and Shalini Chatterjee from Salt Lake to be included> were adjudged first and second runners up respectively…
  • DMRC plans hotels, malls at Anand Vihar, Karkardooma for Delhi’s first TOD project
    05 October 2020, M.dailyhunt.in
    New Delhi: Delhi’s first transport-oriented development (TOD) project – East Delhi Hub is set to come up near key Delhi Metro interchange facilities at Anand Vihar and Karkardooma in East Delhi.The two Delhi Metro Rail Corporation (DMRC) stations serve as important interchange points where Blue (Dwarka-Vaishali/Noida Electronic City) and Pink (Majlis Park-Shiv Vihar) lines merge, creating an important transport hub.DMRC is in the process of converting these important intersections into a commercial hub having malls, hotels, restaurants, banks, and even offices.Delhi’s first-ever TOD project is set to come at a 60-acre site near Karkardooma and Annad Vihar interchange stations…
  • 30% restaurants likely to open in Maharashtra from October 5
    05 October 2020, Retail.economictimes.indiatimes.com
    Industry insiders said about 30% restaurants in Mumbai and Maharashtra may open from Monday.NEW DELHI: The Maharashtra government permitted restaurants to operate with restrictions from October 5, but most restaurants in Mumbai and other parts of Maharashtra are likely to stay shut due to labour staff shortages, restrictions on timings till 7 pm in malls and other parts of the state, and 33% capacity restrictions in Mumbai. The seating restrictions in other parts of the state excluding Mumbai are capped at 50%.Industry insiders said about 30% restaurants in Mumbai and Maharashtra may open from Monday…
  • Covid: Online food retail a hit after shift in consumer shopping habits
    04 October 2020, Telegraphindia.com
    Adoption of digital platforms by neighbourhood stores and consumersIndia’s e-grocery space is likely to grow more than two-fold this year as the Covid-19 pandemic has led to shifts in the shopping habits of consumers.According to an UBS report, the gross merchandise value (GMV) of online grocery retail is seen to grow about 2.4 times in 2020 to $0.3 billion (Rs 2,200 crore aproximately) in December 2020 from $0.13 billion (Rs 900 crore) in January…
  • Everything at once: Malls, offices, banks where 2 Metro lines meet
    04 October 2020, Timesofindia.indiatimes.com
    New Delhi: Located a short distance from each other, both Anand Vihar and Karkardooma Metro Stations are important interchange facilities where Blue (Dwarka-Vaishali/Noida Electronic City) and Pink (Majlis Park-Shiv Vihar) Lines merge, thereby creating a thriving transport hub. This is also where the capital’s first transit-oriented development (TOD) project — East Delhi Hub — is coming up.Delhi Metro has now started turning these busy interchange stations into commercial hubs with malls, restaurants, offices, banks and even transit hotels on offer…
  • 30% restaurants likely to open in Maharashtra from October 5
    04 October 2020, Technocodex.com
    NEW DELHI: The Maharashtra government permitted restaurants to operate with restrictions from October 5, but most restaurants in Mumbai and otherparts of Maharashtra are likely to stay shut due to labour staff shortages, restrictions on timings till 7 pm in malls and other parts of the state, and 33% capacity restrictions in Mumbai. The seating restrictions in other parts of the state excluding Mumbai are capped at 50%.Industry insiders said about 30% restaurants in Mumbai and Maharashtra may open from Monday.“Not many will open from October 5. Restaurants are still in the process of refurbishing, mobilizing staff…
  • Experience the new normal in theatres amid pandemic
    04 October 2020, Tribuneindia.com
    Multiplexes, theatres to reopen from Oct 15 with preventive measuresDeepankar ShardaTribune News ServiceChandigarh, October 3PPE kit availability for guests, extended intervals to avoid gathering, QR ticket scanner, no pat down search, social distancing seating and hands-free water dispenser. These are some precautionary measures against Covid-19 to be followed at single-screen theatres and multiplexes reopening from October 15.Though the multi-screen and single-screen cinemas in the city will adopt various standard operating procedures (SOPs) in view of the Covid outbreak, the above list is likely to be implemented across the halls in order to provide a safe environment to the viewers…
  • Maangalya Shopping Mall launches its 6th Store in Hyderabad at Ameerpet!
    03 October 2020, Businessnewsthisweek.com
    Chief Guest Smt. Kalvakuntla Kavitha, Ex-Member of Parliament, Nizamabad; checking out a saree after inaugurating the 6th Maangalya Shopping Mall in Hyderabad at Ameerpet, today.Hyderabad, October 2020: The Maangalya Shopping Mall – one of the largest family-owned textile kingdoms in this part of the country, has launched its 9th Shopping Mall at the city’s busiest and major shopping hub, Ameerpet, today. One of the largest Shopping Malls in this part of the City was inaugurated formally by Smt. Kalvakuntla Kavitha, Ex-Member of Parliament, Nizamabad, near Gold Spot in Ameerpet…
  • Window shopping
    03 October 2020, Mid-day.com
    Miss the mall vibe? A virtual personal shopper programme can be your retail therapy. But stock up on time and patienceFOR someone who doesn’t enjoy online shopping — no, pay day sale messages do nothing for us and scrolling through endless options of clothes is nauseating — the pandemic has been rough. Heading to a shop with a girlfriend, knowing they won’t let us make a mistake, and making a day out of it is the real pick-me-up…
  • Friday sets tone for weekend Puja shopping
    03 October 2020, Timesofindia.indiatimes.com
    Kolkata: Friday was a perfect warm-up for the weekend-shopping binge at malls and shopping districts across the city. From traders in malls and markets to hawkers on the streets — everyone was busy attending to shoppers. The three major shopping districts — Gariahat, New Market and Hatibagan — were also bustling with shoppers on Friday. By evening, the surge in crowd had Kolkata Municipal Corporation and Kolkata Police worried.The rising numbers led to some quick-fix solutions…
  • Malls prepare to open food courts with caution
    03 October 2020, Timesofindia.indiatimes.com
    Pune: Shopping malls across the city are carefully preparing to open the food courts to the public.Creaticity Mall has launched a mobile app to ensure that visitors maintain social distancing protocol. Mahesh M, chief executive officer of the mall, said, “We invite all customers to download our app. The app sets off an alarm if people breach social distance. We don’t have a typical food court, but quite a few casual dining and fine dine restaurants and outlets…
  • Cinema halls reopening: Here’s how you can stay safe at movie theatres during ongoing COVID-19 pandemic
    02 October 2020, Freepressjournal.in
    Photo Credit: Pexels The nation is slowly getting in the fifth phase of ‘Unlock’.The government has now allowed functioning of activities that were otherwise not included in the previous unlocks. Like, for example, restaurants and cinema halls are now allowed to open in several parts of the country. The central government allowed theatres to reopen from October 15, but with restrictions. Movie theatres can reopen with 50% capacity in areas outside containment zones. The SOPs for the same will be issued by the ministry of information and broadcasting…
  • Big corporations face heat as farmers continue protests at malls, toll plazas, petrol pumps
    02 October 2020, Tribuneindia.com
    Agitating farmers are staging ‘Rail Roko’ protests at railway tracks in Sangrur, Patiala, Mansa and MuktsarSukhmeet BhasinTribune News ServiceBathinda, October 2The big corporate houses are facing the heat as farmers, under the banner of the BKU Ekta Ugrahan, are continuing their indefinite protests at rail tracks, toll plazas, shopping malls, petrol pumps and a private thermal plant across the state for the second day.The protesting farmers are also not allowing toll plaza officials to collect toll plaza money from commuters…
  • Now, you can get tested at malls, metro stations in Gurugram
    02 October 2020, Msn.com
    From now on, you will be able to get yourself tested for Covid-19 at malls, metro stations, railway station and market places in Gurugram. The health department has decided to organise camps at these places from October 1. The evening camps will be organised in different places every day. The step is being taken to help people get tested if they do not want to visit hospitals or any other testing facilities because of other commitments and keeping in mind the upcoming festive season…
  • Elante Mall to host Ek-Do-Teen-Chaar Tricity ka sabse bada fashion tyohaar
    02 October 2020, Newznew.com
    Over 100 prominent brands to take part in this Shopping Extravaganza Several special discounts on prominent fashion brands for these four days Elante Mall to host Ek-Do-Teen-Chaar Tricity ka sabse bada fashion tyohaar : The festive season in India this time starts with an extended weekend from October 2 nd to 4 th . Cashing in on this opportunity, Tricity’s favorite shopping destination, Elante Mall has come up with Ek-Do-Teen-Chaar, Tricity ka sabse bada fashion tyohaar , which is a four-day flash sale with all the prominent fashion brands participating with great deals and offers…
  • Multiplex operators welcome govt’s decision to reopen cinemas from mid-Oct
    02 October 2020, Devdiscourse.com
    New Delhi: The Multiplex Association of India (MAI) on Thursday welcomed the government’s decision to allow reopening of cinemas across the country from October 15 with up to 50 per cent of seating capacity. Late on Wednesday, the Ministry of Home Affairs (MHA) lifted restrictions on cinema halls, schools and swimming pools as part of its fifth tranche of guidelines to revive business and other activities after the COVID-19 induced lockdown that began in March-end…
  • Unlock 5.0 guidelines likely to be announced today; here’s all you need to know
    30 September 2020, Dnaindia.com
    India is in the fourth phase of unlocking after the lockdown induced by the COVID-19 was lifted. We are expecting the Central government to come up with Unlock 5.0 guidelines on Wednesday. While the MHA allowed the reopening of restaurants, malls, salons and gyms in Unlock 4.0, it is expected that more economic activities may be allowed from October 1. Schools and colleges were also opened though government had set some rules in which it had clearly emphasised that no student would be forced to attend school during the Coronavirus pandemic…
  • New guidelines issued; cinemas, theatres, multiplexes permitted to open with up to 50% capacity
    30 September 2020, Tribuneindia.com
    The new guidelines will come into effect from October 1, 2020Tribune Web DeskChandigarh, September 30The Ministry of Home Affairs (MHA) on Wednesday issued new guidelines for re-opening of activities as it gives more flexibility to states for opening of schools and activities outside containment zones…
  • India’s Largest Drive in Theatre Experience at Phoenix Marketcity Bengaluru
    30 September 2020, Newspatrolling.com
    Bengaluru, 30th Sept, 2020: Phoenix Marketcity is all excited to host India’s Largest Drive in Theatre Experience from the safety of your car.A unique movie experience being held in Namma Bengaluru especially when movie lovers have missed the big screen experience for over 6 months now due to the pandemic. We at Phoenix Marketcity are the one and only mall in Bengaluru to be bringing this experience back along with adapting to the new normal!Missed watching movies with your friends and family? Come and enjoy India’s largest movie experience!…
  • Multiplexes hope to be ready for Diwali crowd
    29 September 2020, Timesofindia.indiatimes.com
    Kolkata: Multiplexes in the city appear unlikely to resume operations before Durga Puja and are now looking at a pre-Diwali date to open, subject to the Centre and state issuing clear guidelines for operations well in advance.Speaking to TOI on Tuesday, multiplex exhibitors said they would need at least a fortnight from the date the guidelines are issued to put everything in place so that operations could resume…
  • Malls are waiting for PVR, INOX to reopen to drive footfalls, especially during festive period
    29 September 2020, Moneycontrol.com
    In the pre-COVID-19 period, the ratio of footfalls driven by multiplexes in malls ranged between 5-20 percent. Also, experts say that when a big-starrer film releases in multiplexes, along with the increase in mall footfalls, the F&B business in malls see a 20 percent jump.For any mall owner, a PVR, an INOX or any other multiplex is their star player as the theatre-going audience contributes in various ways to a mall’s business.Movie-goers not only add to overall mall footfalls but they also significantly contribute to the F&B and retail businesses inside malls…
  • Organised retail, e-commerce to rise exponentially amid fear of contagion
    29 September 2020, Financialexpress.com
    According to IBEF, the share of organized retail in India is likely to double to 18% in 2021 (from 9% in 2017). Likewise, e-commerce is expected to more than double to 7% from the previous 3% in the same period.real estate, real estate in India, Organised retail, e-commerce, rise exponentially, amid fear of contagion, covid-19, ANAROCK & Retailers Association of India study on retailIndia’s retail industry ranks 4th in the world in terms of size, which accounts for 10% of the India’s GDP and contributes 8% to the overall employment in the country…
  • Unlock 5.0 guidelines: More relaxations likely to be announced from October 1, will cinema halls open?
    29 September 2020, Jagranjosh.com
    While the Ministry of Home Affairs has announced easing of restrictions in many sectors, entertainment sector is still largely on hold with the cinema halls and entertainment parks still not receiving a go ahead from the government.Unlock 5.0 guidelines are likely to be announced by today evening. With Unlock 4.0 coming to an end, speculations are rising on what the next phase of unlock will comprise. The Ministry of Home Affairs (MHA) is expected to announce more relaxations from October 1…
  • How Video Management Technologies Are Making Retail Smarter
    29 September 2020, Cxotoday.com
    As Covid-19 restrictions are being lifted in phases across the country, retail stores are also beginning to prepare to open under strict hygiene and safety restrictions. According to the Retailers Association of India (RAI), the pandemic amid an economic slowdown has hit the revenue growth of Indian retailers selling non-essential items like clothes and jewellery by at least 75%.Compounding this scenario is a Crisil report, which states that store closures, social distancing and a lack of demand due to the pandemic may cause a 30-35% dent in the revenues of organised apparel retailers in the current financial year…
  • Malls luring customers through virtual shopping experience in Pune to boost sales
    28 September 2020, Timesnownews.com
    Shopping malls in Pune are trying to boost sales and lure the customers by coming up with new innovative ways for a hassle-free shopping experience.Keeping the social distancing guidelines in mind, many businesses are coming up with the idea of virtual shopping for their customers. Online shopping experience wasn’t that popular in the pre-COVID era, but given the developments in the last six months, shop owners in Pune are putting their thinking caps on in order to lure customers and push sales through virtual shopping…
  • Unlock 5.0: Economic activities, cinema halls and other likely relaxations
    28 September 2020, Hindustantimes.com
    The fifth stage of nationwide unlock will come into effect from October 1. With festive season round the corner, there are expectations Centre would open up more activities for the public. India is nearing the conclusion of the fourth stage of nationwide Unlock, which will come to an end on September 30. Unlock 4, which began on September 1, saw the central government give various significant relaxations like resumption of Metro services for the first time since late March, and partial reopening of schools for classes 9-12…
  • Acropolis Mall celebrates 5th birth anniversary
    28 September 2020, M.dailyhunt.in
    Kolkata: Acropolis Mall, India’s one of the premium malls, celebrated its 5th birth anniversary, recently with the launch of’Ya Devi,2020′ season 2 of Ms Blooming Kolkata.’Ya Devi 2020’aims at providing a platform to womenfolk to showcase their talent in makeover and other aspects of life with aplomb. It is a sequel to MS Blooming Kolkata 2019 as its objective is to promote the talent of belles of Kolkata. It is aligned energetically with debi pakkho and this time is to manifest women’s inherent strength with her full potential…
  • Movie hall owners await for SOPs to resume functioning from Oct 1
    28 September 2020, Millenniumpost.in
    Kolkata: Cinema and multiplex owners are waiting for state government notification and standard operating procedure (SOP) for opening cinema halls from October 1.”We have neither received any state government notification nor COVID-19 guidelines. Once we get it, then we will reopen the halls,” said Navin Chokhani, owner of Navina Cinema.On Saturday, Chief Minister Mamata Banerjee mentioned on a social networking site that cinema halls and open air theatres will be allowed to operate in Bengal from October 1 with a limited number of participants.”…
  • How retail is fast tracking to phygital shopping experiences amidst Covid-19
    27 September 2020, Msn.com
    The COVID-19 pandemic coupled with the resulting national and state specifics lockdowns have severely impacted economic activities in the country. The retail industry, both organized and unorganized, lost Rs 15 lakh crore in first 100 days of the lockdown. The organized retail sector, which constitutes nearly 15% of the retail sector, incurred losses of about Rs 90,000 crore by May 2020 end. In addition to the drastic fall in the disposable income of consumers, the retail industry is also grappling with curtailed days and timing of markets…
  • What further relaxations we may see in ‘Unlock 5’ for October?
    27 September 2020, Indianexpress.com
    Unlock 5.0 Guidelines & Rules: It remains to be seen if cinema halls are given the nod to reopen from October amid fervent requests by the Multiplex Association of India. Only open-air theatres were allowed to kickstart operations from September 21.While several restrictions have been eased in different phases of ‘Unlock’ since June, the Union Home Ministry is slated to come out with fresh guidelines for October — which holds significance since it marks the beginning of the long festive season…
  • Under new guidelines, only ‘serious buyers’allowed in Lucknow malls
    27 September 2020, Ianslive.in
    Lucknow, Sep 27 (IANS) Those fond of show window-shopping or just hanging out at malls and shopping complexes in Lucknow won’t be able to indulge in their favourite pastime as authorities have directed owners/managements to allow entry of only’serious buyers’, that too with face masks.To get full access of the story, click here to subscribe to IANS News Service© 2020 IANS India Private Limited. All Rights Reserved…
  • All geared up for a totally delicious launch
    27 September 2020, Hindustantimes.com
    With another successful outlet launch at Pacific Mall, Anand Vihar, the team at Honey & Dough, a renowned Delhi-based bakery and coffeehouse, gears up for their eighth launch at Cyber Park, Gurugram. Started in 2017, the family owned patisserie and confectionery boasts of multiple stand-alone outlets. The serene blue interiors of the coffeehouse along with trendy ambience and laid back vibes make Honey & Dough a relaxing and approachable spot to hang out at…
  • Shop virtually at malls from the comfort of your home, stay safe
    27 September 2020, Timesofindia.indiatimes.com
    Pune: Malls in Pune city are offering virtual shopping experience to customers in a bid to push sales and make up for the dip in footfalls.Creaticity, Yerawada, has launched an online portal offering a wide range of home and decor products, with a special feature that allows customers a 360-degree view of stores at the mall. There is a video call on demand facility that brings the stores and customers to meet virtually and discuss solutions, and book appointments for personal visits…
  • Cinema halls to reopen in West Bengal from October 1
    27 September 2020, Outlookindia.com
    Cinema halls are set to reopen in West Bengal from October 1 after remaining closed for over six months in the wake of the COVID-19 pandemic, Chief Minister Mamata Banerjee said on Saturday.She also said musical, dance and magic shows would be permitted in the state from next month…
  • The missing buyer
    27 September 2020, Indiatoday.in
    With customer footfall at historically low levels, the retail sector has seen a sharp contraction.The retail sector has borne the brunt of the lockdown. From local kiranawalas to those in shopping malls, retailers had an especially tough time in the early days of the lockdown. Though some economic activity resumed when shops selling essential goods were allowed to reopen, these were placed under strict restrictions, such as being allowed to open only on alternate days or only for a few hours each day, which came as quite a dampener to sales…
  • As digital pay opens up, so do frauds
    26 September 2020, Economictimes.indiatimes.com
    Kolkata: Last year around this time, a Singapore-based cybersecurity firm Group-IB had flagged that nearly 1.3 million debit and credit card data of ‘Indian banks are on sale for a whopping $130 million. That prompted Reserve Bank of India (RBI) to order banks to disable and re-issue debit and credit cards. During the last financial year, 39 banks were put through IT examinations to assess their level of cybersecurity preparedness and degree of compliance with regulations…
  • Retailers say 40% sales came from Whatsapp shopping during COVID-19 lockdown
    26 September 2020, Moneycontrol.com
    Retailers were also of the view that businesses will have to become flexible to innovate and be ready to change the business plans in this uncertain new worldWith customers not stepping out to shop at stores or malls despite Unlock 1.0, 2.0 or 3.0, retailers reached out to customers through WhatsApp.In fact, most retailers said 40 percent of total sales accrued via WhatsApp from March 25 till date.“We sold most Bath & Body Works and Beverly Hills Polo Club products through WhatsApp…
  • It’s time small retailers leverage Android PoS devices for end-to-end billing solutions: Pine Labs
    25 September 2020, Voicendata.com
    From GST billing to inventory management, merchant commerce platforms provider Pine Labs wants small retailers to adopt digitization in simple ways. The retail sector has undergone tremendous evolution with the aid of digital technology. The disruption caused by the Covid-19 pandemic has further accelerated the need for digital practices.Kush Mehra, Chief Business Officer at Pine Labs, being in the business of digital payment technology, resonates the same observation on this digital adoption among retailers – small or big.Mehra believes that the retail sector needs to be digitally agile in responding to changing customer needs…
  • Month-long Shoes and Bags Festival at Ambience Malls Vasant Kunj and Gurgaon
    25 September 2020, Nrinews24x7.com
    Celebrating fashionable accessories with winning opportunities and giveaways NEW DELHI: Good news for city fashionistas! Delhi NCR’S favorite lifestyle destinations Ambience Malls Vasant Kunj and Gurgaon are organizing a sizeable Shoes and Bags Fest that will bring the best styles and offers together, as well as give shoppers a chance to win exciting rewards and lavish giveaways. From trendsetting totes to glamorous stilettos, this almost a month-long festival is expected to take visitors on a trip into the world of designer footwear and bags…
  • Nhance App by Phoenix to monitor footfalls and contact tracing at the mall!
    25 September 2020, Chennaiyil.com
    Chennai : Phoenix MarketCity, Chennai has opened its doors to the public with meticulous measures and employing advanced technology to ensure a safe shopping environment to its visitors.The COVID-19 situation has bought about changes in the shopping scenario as well as customer demands. When shopping malls re-opened post five and a half-month of lockdown, people have been waiting to come out of the four walls of their homes and explore the shopping and entertainment trends they have missed out on…
  • Will these festive season offers by Mumbai malls help woo back customers?
    25 September 2020, Moneycontrol.com
    Lucky draws, luxury cars, 43-inch smart TV sets, mobile phones, tablets, and soundbars are all there. But most of these schemes are on offer every year.Lockdown restrictions do not give malls much room to innovate. Malls say festive season is about hope and that’s what they are counting on.With the festive season around the corner, malls are wooing customers through lucky draws, mega giveaways and contests. But most of the schemes are no different from those of the previous years’…
  • Online becomes key for retailers as consumer preferences shift
    25 September 2020, Livemint.com
    India’s top retailers unanimously agreed on the need to accelerate their digital reach as the pandemic alters shopping behaviourNew Delhi: India’s top retailers unanimously agreed on the need to accelerate their digital reach as the pandemic alters shopping behaviour, prompting more companies to speed up their digital efforts, launch their own direct-to-consumer sales links, take orders on social media platforms, and prepare to compete with the world’s top e-commerce sites…
  • Chennai mall to host denim carnival
    25 September 2020, Timesofindia.indiatimes.com
    CHENNAI: Phoenix MarketCity Chennai is all set to bring to the fore the newest and the hottest denim trends from across the globe in its new denim carnival.The festival will see more than 30 popular denim brands come together to showcase their collections, including Forever New, Lifestyle, Shoppers Stop, Only, Gap, Vero Moda, Gas, Superdry, Calvin Klein Jeans, and Promod.As part of the carnival, a unique denim-themed décor will be set up on the lower ground floor of the mall in collaboration with NIFT students, to set the ambience…
  • Women fashion retail chain maurices hires TCS as technology partner
    24 September 2020, Economictimes.indiatimes.com
    TCS will be the company’s digital transformation partner and build its greenfield IT ecosystem with the intent of optimizing its 200 existing applications and software components within the next 17 months. Mumbai: Technology services exporter, Tata Consultancy Services , on Thursday said that it will be building the technology infrastructure for US and Canada-based women’s fashion retail chain, ‘ maurices ‘. The partnership value was not disclosed…
  • Phoenix MarketCity Chennai, the one-stop shopping destination, is all set to excite
    24 September 2020, B4umedia.in
    Phoenix MarketCity Chennai, the one-stop shopping destination, is all set to excitePhoenix MarketCity and Palladium are offering exciting deals and discounts on all things Denim at their~ Get to Phoenix MarketCity and Palladium to witness a spectacular Denim themed décor that will take you on a magical journey to the wonderful world of denims ~22 September 2020, Chennai: Phoenix MarketCity Chennai, the one-stop shopping destination, is all set to excite and lure fashion forward fanatics of denim with their Denim Carnival…
  • Kochi’s Lulu Mall shut after employees get COVID-19
    24 September 2020, Thenewsminute.com
    Kerala’s largest shopping mall Lulu Mall has been shut reportedly after 10 employees tested positive for coronavirus. The Ernakulam District Administration has declared the Lulu Mall in Kochi’s Edappally a containment zone now. The mall will be temporarily closed till further notice, the Lulu Mall officials announced the news on its official Facebook page. It was on Tuesday that reportedly 10 employees of the mall were diagnosed with COVID-19…
  • Fire erupts in Delhi mall, 8 fire tenders douse blaze
    24 September 2020, Zeenews.india.com
    A fire was reported from a mall in Delhi’s Karkardooma area on Thursday (September 24, 2020).New Delhi: A fire was reported from a mall in Delhi’s Karkardooma area on Thursday (September 24, 2020).Confirming the incident, the Delhi Fire Services department said that the fire was reported from Aditya Mall and at least eight fire tenders were rushed to the spot.While news agency ANI reported, “Fire breaks out at Aditya Mall in Karkardooma. Eight fire tenders present at the spot. More details awaited.””We received a call at 7.50 am…
  • National policy for retail trade on course
    24 September 2020, Telegraphindia.com
    The government has proposed to formulate a National Retail Trade Policy and stakeholder consultations are being held for the same, commerce and industry minister Piyush Goyal informed Parliament on Wednesday. In March, the minister had said that the Centre proposes to have a national policy to create a conducive environment for retail trade by simplifying the rules and regulations affecting the growth of the retail sector…
  • Youngster’s hangout spot, Kochi Lulu Mall closed after declared a containment zone
    23 September 2020, Edexlive.com
    Kochi’s Lulu Mall closed temporarily after the Kalamassery Municipality area (Division 34) declared a containment zone by the authorities. The Ernakulam district collector declared the division as a containment zone on Tuesday night. According to the Lulu mall authorities, the mall will remain closed until further notice. “The reopening date will be declared only later after disinfection. The date will be decided and will reopen only after the discussion with the district administration officials,” said Lulu officials…
  • More than shop talk
    22 September 2020, Newindianexpress.com
    It’s been three months since shopping malls reopened in Bengaluru but the present footfall is still nowhere close to the pre-Covid numbers. BENGALURU : With footfall nowhere close to pre-Covid days, shopping malls are getting creative to lure customers again, with initiatives such as drive-in festivals, stores at your doorstep, and special festive offersIt’s been three months since shopping malls reopened in Bengaluru but the present footfall is still nowhere close to the pre-Covid numbers. For instance, Phoenix Marketcity Bengaluru is currently seeing just 30 per cent of the footfall it used to have on the weekends last year…
  • Global retail experiencing major shift post Covid
    22 September 2020, Etinsights.et-edge.com
    Covid-19 has accelerated online retail sales and encouraged closure of physical retail stores finds Statista. The growth of e-commerce industry in size and reach has been steadily rising over the past two decades. Statista’s market outlook estimates that this year, more than 250 million Americans will purchase goods online. Retail sales via e-commerce platforms has surged considerably all across the world, as the pandemic confined consumers within their homes with nation-wide lockdowns spanning weeks…
  • Inorbit Mall, Malad Offers a Door Step Shopping Experience Within a Housing Society Premises
    22 September 2020, Businessnewsthisweek.com
    Mumbai, September 2020: With the impacts of COVID 19 still looming large, Inorbit mall, Malad comes up with their interesting new methods to uplift the moods of their customers ensuring a happy shopping experience with utmost safety at the doorstep. Last weekend Inorbit Malad and some of the top brands like Shoppers Stop, Lifestyle, Clarks, Steve Madden, Skechers, Louis Philippe, LovGen, W, Colorbar, Chumbak and Crossword had put up their pop up stores within the premises of Suncity Phase 3 society in Kandivali, Mumbai…
  • Smaaash shuts down – founder calls it a ‘premature death’ for the company
    22 September 2020, Businessinsider.in
    Gaming and entertainment operator Smaaash is shutting down as malls continue to see lower footfalls due to the coronavirus pandemic. The popular gaming centre’s founder wrote an email to employees announcing the shutdown, reported ET “I am sorry that despite my best efforts I have failed in my efforts to save the company from its premature death,” wrote the founder Shripal Morakhia . According to reports, Morakhia had been looking for investors for the company for a long time and had even received ‘word’ for investments, which didn’t culminate into funding…
  • Busiest weekend in six months for bars in Kolkata, thanks to IPL, Puja shopping
    22 September 2020, Retail.economictimes.indiatimes.com
    In malls too, restaurants registered the highest sales in three months this weekend.Fueled by IPL and Puja shopping, footfall swelled across restaurants over the weekend making it the most crowded ever since lockdown. Dozens of restaurants across central and south Kolkata along with those on Park Street had a full house during lunch and dinner hours on both Saturday and Sunday, even as some unofficially extended their seating capacity beyond the permitted 50%.The high turnout trend is set to persist during the weekends leading up to the festival in late-October, believes the Hotel and Restaurants’ Association of Eastern India (HRAEI)…
  • Delhi: Covid tests at parks, outside malls and markets too
    22 September 2020, Timesofindia.indiatimes.com
    The ambit of Covid-19 tests has been expanded to community places in all districts, like parks, outside malls, markets, etc, that have a high footfall. For a few hours daily, tests are being conducted at such public places so that more people can avail of the opportunity without having to visit dispensaries or hospitals…
  • Smaaash shutting shop amid financial crisis
    22 September 2020, Retail.economictimes.indiatimes.com
    Smaaash, that has cricket icon Sachin Tendulkar as its brand ambassador, is shutting shop amid a financial crisis exasperated by the pandemic and the company has sent emails to malls and employees about the closure, said two of them.New Delhi : Months of lockdowns and dwindling footfalls in malls are sealing the fate of gaming and entertainment centres operator Smaaash, leading to its closure, three people familiar with the development said…
  • Preparing for retail recovery and revival post COVID-19
    21 September 2020, Indianretailer.com
    According to the latest information on retail, the business has dropped by 20-25% by the end of February itself when the coronavirus panic just broke out in India.Siddharth GroverDirector, Groversons Paris BeautyCoronavirus has dominated headlines for months now, and the impact it has had on businesses across different sectors has been devastating. The wider impact on the retail sector has been widely discussed across the country. Moreover, the ongoing debate around mass unemployment, workforce crunch, rents, and uncertain future for many businesses has worsened the situation…
  • Why brands across categories are launching their own e-commerce sites
    21 September 2020, Financialexpress.com
    The high uptake in online shopping has encouraged a wide range of brands to venture into e-commerce. Many of them are opting to build their own e-commerce platforms, instead of merely listing their products on online marketplaces. Bisleri, Cornitos, Kiehl’s and Amaris Jewels are some of the brands that have launched their own e-commerce platforms over the last few months. Apple, which used to get 30% of its annual sales in India from e-commerce sites here, launched its own online store for India this month…
  • Malls expect surge in footfalls in the upcoming festive season, anticipate increased demand
    21 September 2020, Economictimes.indiatimes.com
    According to a survey by Retailers Association of India (RAI), there were signs of marginal recovery as retailers continued to signal a contraction of 52% in August on a Y-o-Y comparison. The survey said large retailers are performing marginally better than medium-sized retailers. New Delhi: Footfalls in most malls have doubled since the reopening on June 8, with many of them reporting up to 60% of the footfalls in comparison with pre-Covid levels…
  • Coronavirus in Bhopal: ‘Night curfew’ to return, public movement barred except for emergency purpose
    21 September 2020, Freepressjournal.in
    Shops and markets to remain open till 8:00 pm Curfew in Bhopal/ Representative Pic The district administration has issued new guidelines reintroducing ‘night curfew’ and prohibiting any public movement between 10:30 pm to 6:00 am except for medical and other emergency purposes. Issuing new guidelines under the under prohibitory orders ahead of the festive season, the collector Avinash Lawania on Sunday stated that garba programmes during the Navratri festival will remain prohibited while cinema halls, swimming pools, internet parks will remain closed…
  • Volunteers of BBMP Mahadevapura zone turn focus on malls
    20 September 2020, Thehansindia.com
    With easing of relaxation post-lockdown, the government is accentuating its efforts to keep the citizens safe. The Bruhat Bengaluru Mahanagar Palike (BBMP), Mahadevapura zone has asked the staffers of malls to get tested. The zone has commenced testing camps. “The malls have readily agreed to get them tested. We have increased the testing. We are doing 2,000 tests each day. Of the people who tested positive, 80% of them were asked to be in home isolation, and the rest whose condition is serious were sent to various hospitals for treatment,” one of the volunteers working with the citizen quarantine squad said. The BBMP has been working in tandem with the Resident Welfare Associations and Bangalore Apartments Federation…
  • Miniklub enters Dehradun market with its first store launch in Pacific Mall
    19 September 2020, Businessdigestmagazine.org
    First Steps Babywear Pvt Ltd, a retail company established in 2002 has launched its first store ‘Miniklub’ at Pacific Mall in Dehradun, Uttarakhand. Miniklub has 44 stores Pan India in cities like Delhi, Mumbai, Lucknow, Chennai, Bangalore and Hyderabad. Miniklub as a brand is all about safety and comfort for the toddlers in a carefully engineered style for smarter parents. The wide range of products available at the store include Apparels, Footwear, baby cosmetics, bedding set, blanket, Pram, Strollers, Walker, Cradle, Toys, Baby Carrier etc. Miniklub also offers a special section for maternity wear…
  • When Will Screens Light Up? Anxiety Mounts As Mall Crowd-Puller bleed
    18 September 2020, Timesofindia.indiatimes.com
    Every mall has been devoting more space to a cinema in the last five years, going up, as Abhishek Bansal of Pacific Malls pointed out, from two to three screens to mega- and super plexes with 10-15 screens. This is an indication perhaps that cinema at the mall will continue to pull the crowds despite the popularity of online movies — provided the theatres are permitted to reopen after the closure aimed at containing Covid-19 infection. Bansal explained that movie viewing was a complete entertainment exercise that took in shopping and dining-out with family or friends. Sales at the malls are driven by cinema, and Bansal claimed cinegoers accounted for over 30% of food court sales…
  • Mahalaya brings back weekend feel in Kolkata malls
    18 September 2020, Timesofindia.indiatimes.com
    It was a weekend feel at the city malls on Thursday as families stepped in for a meal on the occasion of Mahalaya and did some shopping as well although Durga Puja is still over a month away. At Acropolis mall, the surge in footfall was 25%-30% against previous Thursday as Mahalaya heralded the festive season amidst the pandemic. The turnout was particularly good at the food court and restaurants, both for lunch and for dinner. While sales at restaurants were up 30%, that at the food court was up 20%. There was traction in retail as well with apparel and cosmetics sales witnessing a spike. “It is very encouraging to notice people have overcome the Covid scare and embraced festivity. Like last year, we are planning to launch festive offers to draw more shoppers while adhering to safety norms. The sales surge for Durga Puja will happen around two-three weeks later as the festival is still over a month away this year,” said a mall spokesperson…
  • Haryana enacts law to validate de-licensing of land
    17 September 2020, Hindustantimes.com
    Haryana governor SD Arya has assented to the Haryana Development and Regulation of Urban Areas (second amendment and validation) Bill, 2020 passed by the assembly on August 26 to legitimise de-licensing of land with retrospective effect (January 30,1975). A notification in this regard was issued on September 14 by the law secretary. The newly enacted validation law has come as a major relief to the developers of the Gurgaon-based Ambience Mall and other cases involving de-licensing of land. The Punjab and Haryana high court had on July 10 quashed the town and country planning department’s October 18, 2001 and September 1, 2010 orders to de-license two chunks of land (8 acres and 3.9 acres) of the 18.98 acres approved for constructing the Ambience Lagoon Island residential complex. It allowed raising a commercial complex, the Ambience Mall, on de-licensed land. The CBI, on HC orders, had also registered a criminal case in the matter…
  • Ganit, Amazon Web Services tie up to co-develop forecasting framework for retail sector
    17 September 2020, Thehindubusinessline.com
    The data science and AI consulting firm will deploy a tech module in 2,000 Aditya Birla MORE retail stores in Bengaluru, Pune Data science and AI consulting company Ganit has collaborated with Amazon Web Services (AWS) to co-develop a forecasting framework for the retail sector…
  • Assam government gives subsidy for reviving cinema halls
    17 September 2020, Economictimes.indiatimes.com
    Assam government has provided subsidy to establish new cinema halls and reopening or renovation of closed and old cinema halls. Chief Minister Sarbanands Sonowal presented cheques to the hall owners. Under the scheme which is implemented by Assam State Film (Finance and Development) Corporation Limited for the first time, government subsidies were given to five entrepreneurs for opening of new cinema halls and five entrepreneurs for reopening or renovation of closed and old cinema halls…
  • Retail sector to see transformation due to AI-led tech disruptions: Report
    16 September 2020, Business-standard.com
    The Indian retail industry is expected to be driven by data-led opportunities and artificial intelligence, said a joint report by industry body Assocham and Primus Partners. The changing consumer preferences is driving the need for the digitisation of stores, and increased integration of micro, small and medium enterprises (MSMEs) across the value chain will further accelerate the growth of data-driven retail, it added…
  • Phoenix Mills introduces virtual personal shopping in Mumbai, Pune
    16 September 2020, Indiainfoline.com
    The Phoenix Mills has introduced a virtual personal shopping platform for shoppers in Mumbai and Pune. The initiative is specially designed to allow shoppers to seek inspiration from style gurus who have worked with some of the biggest names in fashion, said the company. The company said, coming on board for this new concept initiative, are different celebrity stylists, including wardrobe consultant Namita Alexander. She is all set to help shoppers with a bit of retail therapy…
  • Shut down since mid-March, multiplex body appeals for reopening of theatres
    16 September 2020, Financialexpress.com
    The government has allowed public places like malls, restaurants, hotels to recommence operations and also gyms and yoga institutes of late.Multiplex chain PVR on Monday reported consolidated net losses of Rs 226 crore in the three months ended June 30 as compared to profits of Rs 18 crore during the year-ago period.Multiplex chain PVR on Monday reported consolidated net losses of Rs 226 crore in the three months ended June 30 as compared to profits of Rs 18 crore during the year-ago period…
  • Retail Revival Fuelled by Essential Commodities: ANAROCK-RAI Report
    15 September 2020, Businessworld.in
    “Amidst the pandemic-induced slowdown, essential goods will fuel Indian retail industry’s growth in the coming quarters as consumer expenditure continues to remain focused on essentials—particularly food and grocery—reveals the latest report by ANAROCK & Retailers Association of India (RAI) titled ‘Indian Retail – Certainty Despite Headwinds’.The average bill value for essentials has gone up 1.5 times after lifting of lockdownؙ—from INR 650 per basket in early March to more than INR 900 per basket presently, it said…
  • Ayushmann Khurrana unveils the ‘Celebrating Firsts’ campaign for Nexus Malls
    15 September 2020, Exchange4media.com
    Nexus Malls will roll out the ‘Celebrating Firsts’ campaign across the seven citiesNexus Malls unveiled their ‘Celebrating Firsts’ campaign with their Happyness Ambassador, Ayushmann Khurrana. Nexus Malls has now reopened all nine malls in its portfolio as a part of the various unlock phases and this campaign is in line with the commitment to provide a safe and hygienic shopping experience to its stakeholders. The ‘Celebrating Firsts’ campaign talks about how people would like to celebrate their first moments of coming back to malls after months of complete lockdown…
  • Multiplex association appeals to govt to reopen cinemas, says jobs are at stake
    15 September 2020, Devdiscourse.com
    Appealing to the government to allow theatres to reopen “on an urgent basis”, the Multiplex Association of India on Tuesday said the movie exhibitionsector that provides employment to lakhs of people had lost an estimated Rs 9,000 crore in the last six months. The cinema body, which represents all the multiplex chains, including, PVR, INOX and Cinepolis, said the sector directly employs more than two lakh people and provides employment to lakhs indirectly…
  • After IKEA’s success, parent group plans shopping mall business entry in India
    15 September 2020, Cnbctv18.com
    Ingka Centres is scouting for mall space in NCR region, according to sources.After seeing success for its retail arm IKEA, Sweden’s Ingka group’s mall business division – Ingka Centres is now ready to mark its entry in India. According to highly placed sources, Ingka Centres is looking at “Indian investments through a ready mall space in the Delhi- NCR region”.People in the know have told CNBC-TV18, “Ingka Centres is scouting for mall space in NCR region, a ready to move in space” and is right now in “talks with several developers in NCR.”…
  • Covid-19 affected shopping habits on safety concerns: Report
    14 September 2020, Deccanherald.com
    The coronavirus pandemic has largely affected shopping habits with safety now taking over as a new criterion over price range, variety and convenience, forcing retailers to adapt to the new reality, according to a report.The report by KPMG in India and Retailers Association of India (RAI), however, said activities like entertainment, physical shopping and dining out could see a surge in demand with gradual opening up of physical marketplaces, especially with the onset of the festive season, as consumers have been missing the touch of reality for so long…
  • The New Normal for Indian Retail
    14 September 2020, Businessworld.in
    Future rulemaking should be collaborative, and allow different retail businesses to leverage their respective strengths. Amongst the economic actors worst hit by the Covid-19 pandemic and the subsequent lockdown were brick-n-mortar retailers. Landlords refused to reduce rents, migrant workers went home and, in the first few weeks, only those establishments which sold essential goods were allowed to operate. The rest had no option but to shut shop. Even when the lockdown opened and retailers resumed business, there was a sharp drop in customers…
  • Palladium, a luxury and lifestyle destination unveils special installation “The Elixir of Life”
    14 September 2020, Business-standard.com
    Palladium, the country’s leading luxury and lifestyle destination unveils special installation – “The Elixir of Life” which transforms the Palladium into a canvas of positivity and good vibes.The Elixir of Life is a majestic 36-foot-tall Mirror and Crystal Marvel that embodies values of Perfection, Change, Strength and Illumination of oneself.Inspired by the concept of new beginnings and hope for a better tomorrow, The Elixir of Life designed by Elementa Designs, further stands for growth, courage, adaptability and strength…
  • Delhi: First new-normal weekend, restaurants will drink to that
    14 September 2020, Timesofindia.indiatimes.com
    Restaurateurs, hoteliers and malls expect footfall to go up in the coming days NEW DELHI: After a lull and almost zero business in the past few months, September has shown promise to restaurateurs, hoteliers and malls. The first weekend after permission to serve alcohol was granted by the government enthused many patrons and owners to post “weekend vibe” videos. Despite the reduced seating arrangements, strict guidelines, rising Covid cases and Shradh, diners still graced various outlets across the city…
  • Marginal recovery in retail business
    14 September 2020, Supplychainlog.com
    According to the 6 th edition of the Retail Business Survey by Retailers Association of India (RAI) released last week, there have been signs of marginal recovery in retail business with degrowth figure registered at -52% in the month of August 2020 on a Y-o-Y comparison. Of all the four zonal pockets, South India has given the best performance…
  • Mumbai: 4 malls, complexes seek FOBs from Metro stations
    13 September 2020, Timesofindia.indiatimes.com
    MUMBAI: Mumbai Metropolitan Region Development Authority (MMRDA), which is constructing Metro projects, has begun to receive offers from private parties for foot over bridges between stations and their properties for exclusive access to their patrons, residents and employees.So far, MMRDA has received four offers from various developers. Two of the proposals that have received its approval are for Metro-VII line along the Western Express Highway from Andheri to Dahisar.The line is expected to open in May 2021…
  • Co-working to virtual shopping, malls find new ways to stay afloat
    13 September 2020, Timesofindia.indiatimes.com
    Hyderabad: After a complete no-show for months, Hyderabad’s malls are gradually getting their footfall back, reaching 30% and 35% of pre-Covid figures. But with the crowd-pulling multiplexes still shut, owners say they are mulling new ways to keep their coffers ringing. If some are exploring the idea of introducing co-working spaces within their premises, others are curating innovative online shopping models to attract buyers.“We are giving the co-working option a serious thought. The idea is still at the drawing board stage,” said G Yoganand, chairman and managing director of Manjeera Constructions…
  • Pacific Mall wins title for ‘Best Mall in Delhi’
    12 September 2020, Businessdigestmagazine.org
    New Delhi: Pacific Mall, Tagore Garden announced today it bagged the title for ‘Best Mall in Delhi’ by Tripadvisor Traveller Choice’s Award 2020. This prestigious title is granted to only 10% of the players in the hospitality business globally. Travellers’ Choice awards declares winners based on a full year of Tripadvisor reviews, prior to any changes caused by the pandemic. Title holders are known for consistently receiving great traveller/diner feedback, placing them in the top 10% of hospitality businesses around the globe. Tripadvisor, world’s largest travel platform is available in 49 markets and 28 languages…
  • Ayushmann Khurrana unveils the ‘Celebrating Firsts’campaign for Nexus Malls
    12 September 2020, M.dailyhunt.in
    Delhi: Nexus Malls, one of the largest mall owners in India unveiled their’Celebrating Firsts’ campaign with their Happiness Ambassador, Ayushmann Khurrana. Nexus Malls has now reopened all nine malls in its portfolio as a part of the various unlock phases and this campaign is in line with the commitment to provide a safe and hygienic shopping experience to its stakeholders…
  • Omaxe Chowk is an investment paradise in Delhi-NCR
    12 September 2020, Economictimes.indiatimes.com
    The lifecycle of malls is a unique phenomenon in the commercial real estate segment. Birth, growth, maturity and decline – malls are as prone to life forces as the rest of us. Every mall goes through its years of glory, after which it plateaus and then declines in both revenue and footfalls, as newer malls appear in the vicinity…
  • How malls are re-calculating rentals, post lockdown
    11 September 2020, Msn.com
    Retail consumption has plummeted to new lows and discretionary spending is at its worst.It comes as no surprise then that cash registers at malls won’t exactly ring as loud and often as they did before the COVID-19 pandemic. This reality has forced shopping malls across the country to re-look at rental policies in order that retailers are able to stay open amid the economic crisis. Bengaluru-based Brigade for one has agreed to a 50 percent rental waiver for the lockdown months when malls were forced to stay shut…
  • CMAI’s digital National Garment Fair opens with 325 brands
    11 September 2020, Fibre2fashion.com
    The 71 st National Garment Fair (NGF) being organised digitally this time by The Clothing Manufacturers Association of India (CMAI) was inaugurated by Union textiles minister Smriti Irani yesterday. The NGF has 325 brands participating, and is expected to attract close to 20,000 retailers. The virtual trade show will go on till September 20.In her address to the participants, Irani complimented the CMAI for “going from strength to strength” and for “being the foremost association in the domestic sector”…
  • Miniklub Enters Dehradun Market With Its First Store Launch In Pacific Mall
    11 September 2020, Gadget-innovations.com
    First Steps Babywear Pvt Ltd, a retail company established in 2002 has launched its first store ‘Miniklub’ at Pacific Mall in Dehradun, Uttarakhand.Miniklub has 44 stores Pan India in cities like Delhi, Mumbai, Lucknow, Chennai, Bangalore and Hyderabad Miniklub as a brand is all about safety and comfort for the toddlers in a carefully engineered style for smarter parents. The wide range of products available at the store include Apparels, Footwear, baby cosmetics, bedding set, blanket, Pram, Strollers, Walker, Cradle, Toys, Baby Carrier etc. Miniklub also offers a special section for maternity wear…
  • Signs of recovery appear in retail industry
    10 September 2020, Ibt.tpci.in
    The latest report by the Retailers Association of India unveils that signs of marginal recovery have begun to emerge as retailers continued to signal growth at -52% in the month of August 2020 on a Y-o-Y comparison. In the 6th edition of the Retail Business Survey, it also said that large retailers are performing marginally better than medium-sized retailers and the Southern region is faring slightly better followed by East, West and North in terms of sale. The only category that showed significant improvement during the said duration was Consumer Durables with sales at -23%…
  • How malls are re-calculating rentals, post lockdown
    10 September 2020, Cnbctv18.com
    DLF charged tenants 25 per cent of their pre-COVID rentals in June when the Centre allowed malls to reopen, and 50 per cent of pre-COVID rentals in the July-September quarter. Phoenix Mills, which runs Phoenix Marketcity and Palladium across top cities, has agreed to a 30 per cent rental waiver for its stores. Retail consumption has plummeted to new lows and discretionary spending is at its worst. It comes as no surprise then that cash registers at malls won’t exactly ring as loud and often as they did before the COVID-19 pandemic…
  • Mahila Mall to reopen in a week
    10 September 2020, Thehindu.com
    Mahila Mall, which was on the verge of closure, is all set to reopen within a week, six months after it remained shut following the lockdown.The decision to reopen the mall was taken after a conciliatory meeting convened by District Collector S.Sambasiva Rao with the the Unity Group of Kudumbashree, which manages the mall, and women entrepreneurs a few days ago.The mall will be reopened based on the suggestions of the Collector…
  • Bars in Hotels, Restaurants Reopen in Delhi; Owners Hopeful Business Will Soon Get Back on Track
    10 September 2020, News18.com
    The excise department said its enforcement teams would keep a strict vigil to ensure strict compliance of COVID-19 guidelines by these establishments.Bars in hotels, clubs and restaurants reopened in Delhi on Wednesday after being closed for over 170 days and some of them received a good number of customers on the first day despite the COVID-19 scare. The excise department, however, said violation of COVID-19 guidelines could lead to sealing of the premises or cancellation of licence…
  • Latest News | Localised Lockdowns Slowing Down Revival, Impacting Retail Sales: RAI Survey
    09 September 2020, Latestly.com
    Localised lockdowns are slowing down revival and impacting retail sales as retailers saw de-growth of 52 per cent in Augustas compared to the same month last year, although there is a marginal recovery from the preceding months this year, according to a survey by RAI. As per the 6th edition of the Retail Business Survey by the Retailers Association of India (RAI), the only category that showed a significant improvement was consumer durables, though sales were still down 23 per cent compared to the year-ago month…
  • Retail sector sees marginal recovery in August: RAI Survey
    09 September 2020, Retail.economictimes.indiatimes.com
    The survey however said retailers continued to signal degrowth at 52% in the month of August year-on-year.New Delhi: Retailers witnessed marginal recovery in their business in the month of August as compared to July, even though localised lockdowns in some states during the Unlock 3.0 phase has interrupted the growth of retail in the country, said Retailers Association of India in 6th edition of their survey titled ‘Retail Business Survey…
  • Footfall in malls sees incremental pick up
    09 September 2020, Livemint.com
    Footfall in malls across the India’s top metro cities stood at 30% compared to pre-covid levels. While people still fear stepping out, footfall and sales in smaller cities were more encouraging. With the gradual lifting of covid-induced restrictions, malls across the country are witnessing an incremental uptick in footfall as shoppers step out to buy casual wear, electronics and fitness goods. However, several mall operators feel, with cinemas and multiplexes shuttered, the full recovery could take time…
  • DMart vs Reliance Retail: Stage set for mother of all retail battles
    09 September 2020, Rediff.com
    The bigger threat for DMart is that the Reliance-Future combine now has grocery revenues that are nearly 2.5 times of it, putting pressure on the former to improve stickiness of its consumers.Avenue Supermarts, which runs the DMart chain of stores in India, is now a distant number two after the coming together of Reliance Retail and Future group in a nearly Rs 25,000-crore transaction.The combine now has a third of the organised retail market in India…
  • Affordable luxury fashion sales quadruple for 6Degree amid COVID-19 pandemic
    09 September 2020, Businesstoday.in
    Annual revenue runrate is already inching towards Rs 25 crores with retail management system, said 6Degree Co-founder and CEO Nikhil Hegde With fashion segment players exploring omni-channel presence for post-COVID sales and consumers opting for online purchases, fashion retail management start-up 6Degree recently added online stores to its offering. The company also recently raised a fresh funding of Rs 2.5 crore from global early-stage investor network Keiretsu Forum…
  • The ‘Tree Of Hope’ installation at Phoenix Marketcity Pune, aims to spread positivity and happiness during the times of a pandemic
    09 September 2020, Rrinews24x7.com
    Times have been unprecedented; life is a little lackluster and a tad bit morose but the one thing that has kept us all afloat is that speck of hope, for a better day and a better tomorrow.Faith and hope are fundamentals that fuel our collective foundation to strive and survive against every adversity that life volleys at us. Phoenix Marketcity Pune has taken a leaf from this new experience and has some of the best in class safety standards in place for seamless shopping experience for all…
  • Inorbit Vashi now reopens for shoppers with all safety norms in place
    09 September 2020, Fnbnews.com
    Inorbit mall Vashi has reopened its doors to its shoppers after NMMC allowed the malls across Navi Mumbai to open. Promising its patrons a safe shopping experience, the mall welcomed its shoppers to great decor, exciting offers and free parking till September 13, 2020.The company understands the safety concerns that people might have due to the ongoing pandemic…
  • Shopping during a pandemic
    09 September 2020, Forbesindia.com
    During Covid-19, shoppers are looking only for essential products offered by reliable national and regional brands, research shows. Once upon a time, shopping was a stress buster. Now, safety and savings is a higher priority than fun and style. In important categories such as grocery, household products and apparel, consumer preferences have entirely changed with the pandemic…
  • Focusing only on retail segment may not be prudent for banks in current scenario: SBI MD Arijit Basu
    09 September 2020, Moneycontrol.com
    At a time when the economy is facing challenges, banks should not solely focus on the retail segment as sluggish growth can impact this category of loans, a top banker said. The country’s gross domestic product declined 23.9 percent in the April-June 2020 quarter, and analysts expect the economy to contract in double digit during the current financial year…
  • No Sunday lockdown in Uttar Pradesh: Markets, shopping malls can open as earlier
    09 September 2020, Newsroompost.com
    Sunday lockdown has been lifted in Uttar Pradesh. CM Yogi Aditynatah took the decision after presiding over a meeting with officials today.New Delhi: Yogi Adityanath government has lifted the curb on Sunday lockdown and allowed the opening of markets and shopping malls on Sunday, as per their earlier schedule. This direction comes soon after the state govt lifted the weekend lockdown on Saturday.To stem the spread of Coronavirus, the state govt had imposed weekend lockdown across the state under which offices, commercial establishments and shops used to remain closed for facilitating sanitization drive in various areas…
  • How a shopping mall in Chennai reopened almost all its stores in record time
    09 September 2020, Cnbctv18.com
    The mall also waived off rent for five months during the nationwide lockdown.Chennai-based shopping mall, Express Avenue, may have figured out a formula to not only ensure that all its tenants reopen their stores post-lockdown, but also don’t bear the scourge of falling demand and consumption at these stores. Its solution: rental payment in line with monthly sales performance.For example, if the mall’s H&M store has registered only 60 percent of its monthly revenues in September, when compared to September 2019, the store will have to pay only 60 percent of its rent…
  • Green Space to Mall: Need No More Concrete Structures in Shillong!
    09 September 2020, In.news.yahoo.com
    Video Editor: Deepthi Ramdas Video Producer: Aastha Gulati Cameraperson: Embor Sayo The Meghalaya government is facing a lot of flak over its decision to create a shopping mall over a heritage site, which was earlier approved to be developed into an ‘Iconic Structure.’ While the government had itself floated the idea and invited tenders on this basis, Prestone Tynsong, the deputy chief minister of Meghalaya, has now said the state government is considering a shopping mall at Barik Junction. The site currently houses an old PWD office and spans across 3.5 acre…
  • Affordable luxury fashion sales quadruple for 6Degree amid COVID-19 pandemic
    08 September 2020, Msn.com
    With fashion segment players exploring omni-channel presence for post-COVID sales and consumers opting for online purchases, fashion retail managementstart-up 6Degree recently added online stores to its offering. The company also recently raised a fresh funding of Rs 2.5 crore from global early-stage investor network Keiretsu Forum. Apart from its fashion network – a B2B platform that connects various stake holders in the fashion industry – a few months ago 6Degree also launched a fashion retail management suite for designers…
  • Things should be normal by February-March: Arvind Ltd’s Shailesh Chaturvedi
    08 September 2020, Livemint.com
    NEW DELHI: Shailesh Chaturvedi, managing director and CEO, PVH brands at Arvind Ltd, that includes Tommy Hilfiger and Calvin Klein, believes fashion is like a vaccine, a mood lifter. The company feels it needs to spur demand now through a glamorous ad campaign and has hence roped in actor Hrithik Roshan as the brand ambassador for Arrow, its American menswear label…
  • Pacific Mall wins title for ‘Best Mall in Delhi’ by Tripadvisor Traveller Choice’s Award 2020
    08 September 2020, News.chennaipatrika.com
    Pacific Mall, Tagore Garden announced today it bagged the title for ‘Best Mall in Delhi’ by Tripadvisor Traveller Choice’s Award 2020. This prestigious title is granted to only 10% of the players in hospitality business globally. Travellers’ Choice awards declares winners based on a full year of Tripadvisor reviews, prior to any changes caused by the pandemic. Title holders are known for consistently receiving great traveller/diner feedback, placing them in the top 10% of hospitality businesses around the globe…
  • Strong urgency among retailers to scale up their online offerings: Alok Nayak, Capgemini
    08 September 2020, Cio.economictimes.indiatimes.com
    India’s positioning is unique in the grocery and overall retail space. Over 90% of India’s retail network is unorganized. In the current scenario, with the increase in preferences for non-touch practices and the growth of online retail, technology acts as a new growth driver for Indian retail.The retail sector is currently been disrupted by the Covid-19 pandemic as well as the ongoing digital transformation that has reshaped consumer preferences as well as expectations of physical stores and online shopping…
  • Pacific Mall wins the title for ‘Best Mall in Delhi’ by Tripadvisor Traveller Choice’s Award 2020
    07 September 2020, Businessnewsthisweek.com
    Facebook Twitter New Delhi: Pacific Mall, Tagore Garden announced today it bagged the title for ‘Best Mall in Delhi’ by Tripadvisor Traveller Choice’s Award 2020. This prestigious title is granted to only 10% of the players in the hospitality business globally. Travellers’ Choice awards declare winners based on a full year of Tripadvisor reviews, prior to any changes caused by the pandemic. Titleholders are known for consistently receiving great traveller/diner feedback, placing them in the top 10% of hospitality businesses around the globe…
  • Malls, shopping plazas, markets open in Mira-Bhayander
    07 September 2020, Timesofindia.indiatimes.com
    MUMBAI: Malls, shopping complexes and markets in Mira-Bhayander have opened from Monday by adhering to social distancing norms. They were shut since lockdown in March end.The Mira Bhayander Municipal Corporation (MBMC) commissioner Dr Vijay Rathod issued the orders on Sunday. Malls and shopping complexes will be allowed to operate from 9am to 7pm.Malls and shopping complexes in Mumbai had opened from August 5. Civic bodies in the other Mumbai Metropolitan Region (MMR), including Thane, Kalyan-Dombivli, Navi Mumbai had kept malls and shopping complexes shut due to growing Covid cases…
  • A boost for businessmen in Gurugram
    07 September 2020, Thehindu.com
    Though most of the offices in the Millennium City are shut with companies preferring work from home for the employees, the businesses, especially shopping malls and restaurants, are looking forward to the resumption of metro service from Monday after around five months.MGF Metropolitan Mall Association member AmanBajaj, who also runs a gaming and gadget store, ‘music festival’, said that around 40% footfall in the shopping mall, adjacent to MG Road metro station, comprised Delhiites. So he hoped the business to pick up with the resumption of the metro service…
  • Thane: Malls, market complexes to open in Mira-Bhayander from Monday
    07 September 2020, Indiatoday.in
    Malls and market complexes in Mira Bhayander civic limits in Thane district can open from Monday as per an order issued by municipal commissioner Vijay Rathod.Malls and market complexes in Mira Bhayander civic limits in Thane district can open from Monday as per an order issued by municipal commissioner Vijay Rathod.The order, issued on Sunday under ”Mission Begin Again”to gradually ease lockdown restrictions, is applicable to establishments in non-containment zones of Mira Bhayander Municipal Corporation.”They can operate between 9am to 7pm…
  • Hotels, restaurants tell FinMin banks not cooperating in loan restructuring; may ‘succumb’ by year-end
    07 September 2020, Msn.com
    Indian hotels and restaurants are likely to “succumb” by the end of the year due to the lockdown impact if immediate action is not taken by thegovernment, Federation of Hotel & Restaurant Associations of India (FHRAI), which represents 5 lakh restaurants and 55,000 hotels, told Finance Ministry’s Principal Economic Advisor Sanjeev Sanyal. The association told Sanyal, over a recent webinar hosted by the former, about the “reservations and non-cooperation of banks in extending the one-time restructuring of loans announced by the government,” according to FHRAI…
  • Essential Commodities Fuel Retail Revival, Avg. Bill Value Up 1.5x Over Pre-COVID-19
    06 September 2020, Theretailtimes.co.in
    Median basket value now at >INR 900/basket against INR 650 in early MarchEssentials like Food & Grocery, Apparel, FMCD & Electronics, Furniture & Furnishings and QSR to see V-shaped recovery within 2-3 quarters; Beauty, Wellness / Personal Care & Home Essentials may take up to 4-6 quartersAvg. bill value up by over 25% across segmentsOmni-channel retail takes centre stage; in-mall doubling as urban warehouses to ensure fast deliveryHygiene & sanitation now of prime importance in malls; touchpoints automation and digitalization the new normMumbai September 06, 2020…
  • Festive season will be a washout for us if the cinema halls are not allowed to reopen soon, say Gujarat exhibitors
    06 September 2020, Timesofindia.indiatimes.com
    After remaining shut for more than five months, the multiplex and cinema hall owners were hopeful that they will get to resume operations inUnlock 4.0. But their wait has just got longer, as the latest guidelines from the Union Ministry of Home Affairs (MHA) haven’t given them the permission to reopen. Meanwhile, open air theatres have been allowed to start operations from September 21…
  • Open shops, malls 7 days a week, RAI writes DC Srinagar
    06 September 2020, Thekashmirmonitor.net
    Srinagar: The Retailers Association of India (RAI) has written to Deputy Commissioner (DC) Srinagar, urging him to consider operation of shops and malls seven days a week with strict adherence to the guidelines issued to prevent deadly virus from spreading.The letter sent by Gautam Jain, Director–Finance & Advocacy, RAI to DC Srinagar Dr Shahid Iqbal Choudhary reads: “We are writing to you regarding the daily operations of shops in Srinagar. While the orders permit daily operations of shops, members have informed us that they are allowed to open shops only 3 days a week in certain areas in Srinagar…
  • Malls reopen in Thane, antigen mandatory for everyone visiting
    06 September 2020, Mumbailive.com
    While the Thane Municipal Corporation (TMC) has given a go-ahead to open the malls but it has also announced that it will be conducting antigen tests on all persons, including customers, entering the mallsSandeep Malvi, TMC deputy commissioner in conversation to Indian Express has told that “Each mall in Thane will be provided antigen testing kits by the TMC and a team will be present to test the customers as well as the staff of the mall”…
  • As Chennai malls re-open, here is what the new shopping experience is like
    04 September 2020, Thehindu.com
    Ask S Lalitha what she longs for and the KK Nagar resident says, “I have missed going to Spar Hypermarket in Forum Mall to get my monthly groceries…” Human desires have become astonishingly simple under the pandemic.Until five months ago, the city’s shopping malls were prime hangout spaces, bustling with hordes of people — shopping, catching a late afternoon movie, attending an anime convention or simply enjoying open air concerts.Now, malls have finally been allowed to re-open under Unlock 4.0 for the first time since they were closed for operations on March 25…
  • Essential goods to drive revival of retail sector: Report
    04 September 2020, Msn.com
    “Amidst the pandemic-induced slowdown, essential goods will fuel Indian retail industry’s growth in the coming quarters as consumer expenditure continues to remain focused on essentials, particularly food and grocery,” said a joint statement by Anarock and the RAI. Food and grocery, followed by apparel, fast moving consumer durables (FMCD) and electronics, furniture and home furnishings and quick service restaurants (QSR) will see a “v-shaped” recovery within the next two to three quarters. Other segments like beauty, wellness and personal care and home essentials may take 4-6 quarters to recover fully, it said…
  • Pandemic which changed the face of hospitality
    04 September 2020, Hospitality.economictimes.indiatimes.com
    The pandemic has changed the face of hospitality. Before the lockdown and after – the entire face of cities has changed.Hotels restaurants Bars , malls, spas and gyms shut down, barren malls and closed shop windows were the familiar sights. The impact of this in the entire industry – economically and historically, has been unprecedented, not to mention the substantial massive revenue loss for hospitality. The pandemic has impacted 100% of the livelihood of the hospitality workforce. Hospitality staff was affected in some way or the other, be it leave without pay, deep salary cuts or lay off…
  • Why are temples shut when malls have reopened: Raj Thackeray to Uddhav
    04 September 2020, M.dailyhunt.in
    “The CM sincerely wants temples to re-open. He is likely to take a decision soon,” said Raut responding to the MNS chief’s demandMumbai : Maharashtra Navnirman Sena chief Raj Thackeray jumped onto the bandwagon of other opposition parties, BJP and VBA, demanding the reopening of temples saying people will forcibly reopen temples if this demand is neglected. In a letter to Maharashtra chief minister Uddhav Thackeray, the MNS chief expressed disappointment over government’s refusal to accept the demands. Meanwhile, the CM on Thursday said that his government is exercising caution on the issue…
  • Malls reopen: TMC to conduct antigen tests on visitors
    04 September 2020, Indianexpress.com
    While malls were allowed to reopen across the state by the government from August 5, the Thane civic body had continued to keep their shutters down in view of the increasing coronavirus cases in the area.THE THANE Municipal Corporation (TMC), which allowed malls to reopen from Wednesday, has decided to conduct antigen tests on all persons, including customers, entering such establishments.“Each mall in Thane will be provided antigen testing kits by the TMC and a team will be present to test the customers as well as the staff of the mall,” Sandeep Malvi, TMC deputy commissioner, said Thursday…
  • Covid-19 pandemic pushes up average retail order size by over 50%
    04 September 2020, Business-standard.com
    Retail realty sector that was seeing a steady fall in inventory is again staring at a spike in vacancy rate, a report by Anarock & Retailers Association of India showsThe Covid-19 pandemic has disrupted the retail sector in a big way — from pushing consumers towards placing larger orders to prohibiting them from window-shopping.Retail realty sector that was seeing a steady fall in inventory is again staring at a spike in vacancy rate, a report by Anarock & Retailers Association of India shows…
  • Food, grocery become consumer priority; these items, services to remain in backseat in coming quarters
    03 September 2020, Financialexpress.com
    Food and grocery will be the most shopped items in the coming quarter as well as coronavirus has trained the focus of consumers on essential goods.Weekend curfews, retail sector, partial lockdown, covid 19 pandemic, RAI, weekend business, coronavirus lockdownWith non-essential shopping taking a backseat, essential goods will fuel the retail industry’s growth as coronavirus has induced a slowdown in the economy and consumers are only focusing on daily essentials.Food and grocery will be the most shopped items in the coming quarter as well as coronavirus has trained the focus of consumers on essential goods…
  • Malls double as urban warehouses for retailers as coronavirus cases continue to rise
    03 September 2020, Economictimes.indiatimes.com
    This has led to over 25% jump in billing by some brands across segments as omni-channel retail takes centre stage amidst growing cases of coronavirus in the country, said According to a latest report by Anarock & Retailers Association of India (RAI) titled ‘Indian Retail – Certainty Despite Headwinas’. Bengaluru: Malls or in-mall stores are being used as urban warehouses by the online players to ensure a faster delivery to the customer in a bid to leverage their existing network and reduce fulfilment cost…
  • Essential commodities fuel retail revival, average bill value up 1.5X over Pre-COVID-19 – ANAROCK-RAI Report
    03 September 2020, Businessworld.in
    Essential commodities fuel retail revival, average bill value up 1.5X over Pre-COVID-19 – ANAROCK-RAI Report Mumbai (Maharashtra) [India] September 3 (ANI/NewsVoir): Amidst the pandemic-induced slowdown, essential goods will fuel Indian retail industry’s growth in the coming quarters as consumer expenditure continues to remain focused on essentials – particularly food and grocery – reveals the latest report by ANAROCK & Retailers Association of India (RAI) titled ‘Indian Retail – Certainty Despite Headwinds’…
  • Retailers plead for relief to Commerce & Home Ministries from weekend lockdowns
    02 September 2020, Knnindia.co.in
    The Retailers Association of India (RAI) has sought intervention of Department for Promotion of Industry and Internal Trade (DPIIT) and Ministry of Home Affairs (MHA) on Uttar Pradesh, Punjab and West Bengal governments imposing local lockdowns despite Centre’s directive against such steps under’Unlock 4.0′ guidelines. Under the latest guidelines, the Ministry of Home Affairs (MHA) had asked states and union territories not to implement local lockdown, except in containment zones, without prior consultation with the Centre…
  • Unlock 4: Malls reopen in Thane
    02 September 2020, Dailyworld.in
    Thane: Employees hold placards to welcome customers after a shopping mall was reopened following ease in restrictions during Unlock 4, in Thane, Wednesday, Sept. 2, 2020. ( /PTI Unlock 4: Malls reopen in Thane Thane: Employees hold placards to welcome customers after a shopping mall was reopened following ease in restrictions during Unlock 4, in Thane, Wedne JAGO Party protest in Delhi New Delhi: JAGO party President Manjit Singh GK and other members stage a protest against Shiromani Akali Dal leader Sukhbir Singh Badal, in New Delhi…
  • DLF Malls Lukout App Adds Contactless Dining, Realtime Traffic & Aarogya Setu QR For Your Next Mall Trip
    02 September 2020, News18.com
    The DLF Malls Lukout app collects live data from multiple sensors in the malls to show the real-time footfalls in a mall. This information can be handy in case you are planning a visit but want to avoid crowds. The app uses advanced algorithms to calculate traffic for safety updates.The next time you feel brave enough to head to a mall over the weekend, it might just be a good idea to download the new DLF Malls Lukout app on your Apple iPhone or Android phone. If you are visiting a DLF Mall, that is…
  • Soon India Will Have Its Own World Class Outlet Malls by Village Groupe
    02 September 2020, Uniindia.com
    Business Wire India Village Groupe, backed by expertise, intelligent capital and industry experience, is bringing Outlet Malls of International standards to India and re-defining the shopping experience. Outlet Malls are often on the top of the tour agenda for Indian families vacationing in Europe or North America, but due to the COVID-19 pandemic worldwide, international vacations are not on the agenda for a few years for most Indian tourists. Outlets first appeared in the eastern United States in the 1930s…
  • On Day 1 of #Unlock4.0: A trip to the mall with Ramya Subramanian
    02 September 2020, Timesofindia.indiatimes.com
    Actress and VJ Ramya Subramanian might not be your typical mall rat, but she was definitely kicked when the government allowed malls and shopping complexes in Chennai to open their doors for public from September 1.“I was initially apprehensive about going to a mall, but I am impressed with all the safety measures they have taken to ensure hygiene and security,” begins Ramya…
  • Retailers, shoppers cautious of malls reopening
    02 September 2020, Dtnext.in
    With the malls and other showrooms in the city reopening again, the city looks set to return to normal. But the past six months and the threat of Covid-19 looming over the city has changed both shoppers and retailer’s perspectives on the same, with both moving forward with a cautious attitude.Chennai : Shoppers are cautiously optimistic about the change that is to come. Due to the several months in lockdown, many are feeling antsy, and this is a breath of fresh air for them. However, they are concerned about the possible risks, despite efforts from mall owners.“…
  • DLF Malls introduces new exciting features on the ‘Lukout app’
    01 September 2020, Earthandroid.com
    To provide the safest and most convenient shopping experience for their customers post the lockdown, DLF Malls, the country’s biggest and largest physical marketplace today unveiled exciting new features in ‘DLF Malls Lukout app’.The new “Shop Safe” feature on the ‘DLF Malls Lukout app’, uses advanced algorithms, data from multiple sensors to calculate real-time mall traffic and safety updates…
  • Unlock 4.0: Restaurants, hotels allowed to serve liquor; movie halls may not open anytime soon
    01 September 2020, Cnbctv18.com
    As part of the Unlock 4.0 guidelines released by the Union Ministry of Home Affairs (MHA), the Centre has relaxed the ban on serving liquor, allowing restaurant and hotels to resume operations.The Centre has retained cinema halls, swimming pools and entertainment parks in the list of prohibited activities in the Unlock 4.0 guidelines issued on Saturday, August 29…
  • Buses back on roads, places of worship; malls reopen in TN
    01 September 2020, Outlookindia.com
    Chennai, Sep 1 (PTI): After more than five months, operation of buses resumed here to a lukewarm response from passengers and places of worship, parks, shopping malls, hotels and clubs too reopened on Tuesday across Tamil Nadu.After sanitisation, buses were brought out of deports while drivers and conductors started work after a temperature check.In several places, workers offered prayers and broke pumpkins, a customary practice to ward off the evil eye before hitting the roads…
  • Retailers welcome govt’s directive not to impose lockdown outside containment zones
    01 September 2020, Knnindia.co.in
    New Delhi, Sep 1 (KNN) The Retailers Association of India (RAI) has welcomed the Centre’s directive to states and union territories not to impose lockdown outside containment zones without approval.”The Centre’s directive to states and union territories not to impose lockdown outside containment zones without approval, comes as a silver lining to the Indian retail industry that has been battling localised restrictions,” RAI said in a statement…
  • SOPs for reopening cinemas ready, will settle it soon: I&B Secretary
    01 September 2020, Timesofindia.indiatimes.com
    ‘Sooryavanshi’, ‘Maidaan’, ’83’and’Thalaivi’ are all theatrical releases which have been delayed due to the pandemic and the lockdown When the Unlock 4.0 guidelines were announced for September, cinema halls were in for a rude shock. They had expected they would be allowed to reopen in this phase of the unlocking. Soon after, the Multiplex Association of India issued a statement saying cinemas, too, deserve a chance to save their business, and film producers have also tweeted in support of reopening of cinemas…
  • Chennai: Malls bet on tech to win back customers
    01 September 2020, Retail.economictimes.indiatimes.com
    You may have to download a mobile app and check-in for an easy entry to your favourite mall, but once there, things will be different. As malls reopen after nearly six months, owners are going all out to give shoppers a safe albeit new tech-aided experience as they transition to the new-normal post-Covid. CHENNAI: You may have to download a mobile app and check-in for an easy entry to your favourite mall, but once there, things will be different…
  • Haryana government may seek review of HC judgment in Ambience Mall case
    01 September 2020, Realty.economictimes.indiatimes.com
    Sources confirmed that the office of Haryana advocate general (AG) has already given its opinion suggesting filing a review petition in the July 10 order and a final decision is to be taken by the state government. CHANDIGARH: The Haryana government may file a petition before the Punjab and Haryana high court seeking a review of the order passed by a division bench of the high court on July 10 ordering CBI probe into the “illegal” conversion of a portion of almost 19 acres meant forAmbience Lagoon Island Residential Complex in Gurugram into a commercial complex in violation of the law…
  • Malls, pubs hope to benefit from new unlock guidelines
    01 September 2020, Timesofindia.indiatimes.com
    BENGALURU: Restaurants, malls, pubs and retailers are in a slightly better position due to the latest order by the central government which discourages local lockdown without prior consultation, but say it will take about two months for consumer confidence to return.The biggest beneficiary from unlock guidelines seems to be malls, which were often shut over the weekends in many states like Haryana and Uttar Pradesh due to the lockdowns. Footfalls were already anemic and the closure during weekends ensured that the two most prospective days were lost…
  • Unlock 4.0: Punjab to continue all existing restrictions in urban areas
    01 September 2020, Timesofindia.indiatimes.com
    Amid rising cases of Covid, Punjab chief minister Amarinder Singh on Monday announced his government’s decision to continue with restrictions in urban areas, including weekend lockdown in all the 167 municipal towns of the state, along with 7pm to 5am curfew in all cities till the end of September…
  • Malls, pubs hope to benefit from new unlock guidelines
    01 September 2020, Timesofindia.indiatimes.com
    BENGALURU: Restaurants, mall, pubs and retailers are in a slightly better position due to the latest order by the central government which discourages local lockdown without prior consultation, but say it will take about two months for consumer confidence to return…
  • After the deal with Reliance Retail, what does the future hold for Kishore Biyani?
    31 August 2020, Moneycontrol.com
    Burdened by debt, the Future Group founder and CEO had to sell the business he painstakingly built over three decades to Mukesh Ambani’s Reliance Retail. But those who know Kishore Biyani say it won’t be long before he’s back again and making waves in the retail spaceKishore Biyani has just inked a mega deal with Mukesh Ambani, in a move that will finally enable him to shake off the dark cloud of debt that has been looming over him for some years now…
  • Malls, retailers rejoice as new unlock guidelines restrict use of local lockdowns
    31 August 2020, Retail.economictimes.indiatimes.com
    MHA, while issuing guidelines for unlock 4, has said that the states shall not impose local lockdowns outside the containment zones without consulting the central government.Bengaluru | New Delhi: Retailers and mall operators are hopeful that the new order from the Ministry of Home Affairs (MHA) that restricts states from imposing local lockdowns will help them ensure business continuity and benefit from an expected demand recovery in the festive season.The MHA, while issuing guidelines for Unlock 4, has said states should not impose local lockdowns outside containment zones without consulting the central government…
  • Multiplex Association of India, film producers request Centre to reopen cinema halls
    31 August 2020, Firstpost.com
    The Multiplex of Association of India in a series of tweets wrote that cinema halls which have remained shut since the coronavirus-induced lockdown, deserved a chance to operate, especially if aviation, metro, malls, wellness and restaurants have been allowed to resume.FP StaffSeveral Bollywood producers, actors along with the Multiplex Association of India (MAI) on Sunday, 31 August, urged the Centre to open the cinema halls, which have remained shut amid the coronavirus pandemic.The country went into lockdown from 25 March to contain the spread of coronavirus pandemic…
  • Multiplex Association, filmmakers request Centre to let cinema halls re-open
    31 August 2020, Livemint.com
    If aviation, metro, malls, wellness and restaurants can be allowed to operate, the cinema industry too deserves a chance, says Multiplex Association of India Mumbai: Several Bollywood producers, actors along with the Multiplex Association of India (MAI) on Sunday urged the Centre to open the cinema halls, which have remained shut amid the coronavirus pandemic.The country went into lockdown from March 25 to contain the spread of coronavirus pandemic…
  • Unlock 4.0: Malls in Tamil Nadu to finally re-open
    30 August 2020, Cnbctv18.com
    Chennai Metro Rail will resume operations starting September 7, while state transport buses will hit the roads again from September 1.For the first time since March, malls across Tamil Nadu will be allowed to reopen starting September 1. As part of a new list of ‘unlock’ measures released by the government, clubs and hotels will also be allowed to resume business. However, Theatres — even those within malls — continue to remain shut until further notice…
  • Retailers Looking At Cloud Computing, Data Analytics To Revive Sector
    30 August 2020, Inc42.com
    30 Aug’20 5 min read Indian retail sector will reach $1.4 Tn by 2024, Nasscom and EY report As the situation gets better, cloud computing and data analytics will play a major role in the transformation of the retail sector With real-time visibility into supply and distribution networks, retailers can decrease inefficiencies in the supply chain and anticipate item availability The economic repercussions of the Covid-19 pandemic have not yet fully unfolded and industries are bracing themselves for the impact. However, as activities slowly resume, the retail sector will play a vital role in kickstarting economic recovery…
  • Haryana govt revokes order directing shops, malls to remain shut on Mondays, Tuesdays
    30 August 2020, Businessworld.in
    Haryana govt revokes order directing shops, malls to remain shut on Mondays, Tuesdays Chandigarh (Haryana) [India], Aug 30 (ANI): A day after the Union Home Ministry announced guidelines for ‘Unlock 4’, the Haryana government revoked an earlier order directing all shops and shopping malls, except those dealing in essential good and services, to remain closed on Mondays and Tuesdays. In a tweet on Sunday, Haryana Home Minister Anil Vij said that the order had been revoked since the Unlock 4.0 guidelines released by the Centre on Saturday did not give states the right to impose a lockdown…
  • Ghaziabad cases up to 8,000, mall shut after staff test positive
    30 August 2020, Timesofindia.indiatimes.com
    GHAZIABAD: The district’s Covid tally crossed the 8,000 mark on Saturday, with 150 new cases being reported. The tally now stands at 8,034 cases and there are currently 1,355 active cases.So far, 6,611 people have been discharged after treatment and the city has reported 68 deaths.The last 1,000 cases were added in eight days. Earlier, the count had reached 6,000 to 7,000 in nine days.On Saturday, Gaur Central Mall at Rajnagar District Centre was sealed after 13 staffers from a shop tested positive…
  • Reliance acquires Big Bazaar, Future Group’s logistics business for Rs 24,713 crores
    30 August 2020, Etvbharat.com
    Mukesh Ambani’s Reliance Group announced that it was acquiring retail, wholesale, logistics and warehousingbusiness from Kishore Biyani’s Future Group for a lump sum amount of Rs 24,713 crore. This move is expected to reshape the country’s retail market, which was pegged at around $800 billion in 2017, is estimated to grow to $1.75 trillion by 2026, writes Deputy Editor of ETV Bharat, Krishnanand Tripathi…
  • The rise and fall of Indian retail sector’s poster boy Kishore Biyani
    30 August 2020, M.dailyhunt.in
    New Delhi: Reliance Retail’s acquisition of the retail business of the Future Group has brought to an end the three-decade-long journey of Indian retail sector’s poster boy, Kishore Biyani.Today (August 29), Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited, announced that it is acquiring the retail and wholesale business and the logistics and warehousing Business from the Future Group for a lump-sum aggregate consideration of Rs 24,713 crore. The deal includes close to 1,800 stores across Future Group’s Big Bazaar, FBB, Easyday, Central, Foodhall formats that are spread in over 420 cities in India…
  • Sanitisation of premises will take time, business to start on Tuesday
    30 August 2020, Timesofindia.indiatimes.com
    Ranchi: With the state government allowing reopening of hotels, lodges, shopping malls and salons through an unlock order issued late on Friday evening, business owners have started cleaning and sanitising their establishments before they welcome customers. However, most of them said they will not be able to resume business before September 1 as the process to sanitize the establishments will take time.At Birsa Munda bus terminus on Saturday, cleanliness staff and mechanics were seen cleaning the area and working on buses, many of which have electrical faults while some needed their engines to be worked upon…
  • Mumbai: Retail therapy seekers take baby steps back in to shops and malls
    30 August 2020, Timesofindia.indiatimes.com
    Weekend footfalls at this Malad mall have dropped sharply MUMBAI: Among the many pastimes interrupted by the virus has been ‘retail therapy’ — a ritual that is as much about the browsing as the buying. And the reopening of non-essential stores in the city earlier this month brought sharper focus on this coping mechanism for the stressed-out or plain bored with Mumbai faring better than other cities in encouraging shoppers back into shops and malls.“It felt a bit weird and scary at first…
  • Malls and markets in Gurgaon welcome change in closure days
    30 August 2020, Indianexpress.com
    To curb the spike in Covid cases, the Haryana government issued orders on August 21 for weekend closure of public and private offices, malls and shops not dealing in essential services.The Haryana government’s decision to revise the days on which shops and malls are to remain closed every week — from Saturday and Sunday to Monday and Tuesday — has given malls and markets in Gurgaon a “lifeline” as they struggle to attract business…
  • Orienta cine advertising install largest advertising LED screen inside Infiniti Mall -Malad
    30 August 2020, M.dailyhunt.in
    Mumbai: Orienta cine advertising installed the largest advertising LED screen inside the main atrium of Infiniti mall, Malad (w), Mumbai. Alike its name INFINITE, this LED screen is one of its kind the biggest advertising, digital display ever installed inside any mall in India yet. These giant media give an equivalent impact and exposure like of a cinema theater big screen…
  • Fashion e-commerce giant taps deeper into regional markets
    30 August 2020, Prokerala.com
    Fashion e-commerce giant taps deeper into regional markets. (Photo: Unsplash). Image Source: IANS NewsWith a strong focus on making fashion accessible and affordable, especially in the regional markets of India – from where it derives over half its consumer demand – Amazon Fashion says the country’s fashion retail had been focused on metropolitan cities, but there are many opportunities to take it to smaller towns and cities…
  • Brand Factory store in Mohali mall to pay Rs 1.6 lakh fine for unfair trade practices
    29 August 2020, Hindustantimes.com
    The district consumer disputes redressal commission, Mohali, on Friday imposed a fine of Rs 1.6 lakh on Brand Factory, a clothing store at a mall in Zirakpur, in five cases of unfair trade practice. The complainants had alleged that the store was arbitrarily charging goods and services tax (GST) and using misleading advertisements. In all five cases, notices were issued to Brand Factory, but no one turned up even after 30 days, following which a fine of Rs 32,000 was imposed in each case…
  • 90.6% mall owners exploring contactless technologies to adjust to COVID era
    28 August 2020, Indiaretailing.com
    The worldwide lockdown for almost 70 days amid the COVID-19 pandemic left the Shopping Centre Industry in India and the world in the throes of a crisis. The need for hyper sanitization and social distancing had led to shuttering of malls for over two months in India without any business. While the Central Government has eased restrictions in some states, others are still waiting for a green signal to open their doors to consumers…
  • Future Enterprises board meets tomorrow to seal Reliance Retail deal
    28 August 2020, Legal.economictimes.indiatimes.com
    The acquisition could give Reliance Retail sway over a network of nearly 1,800 stores & bring in Rs 26,000 crore in additional sales that will help RIL control more than a third of India’s organised retail market. August 28, 2020, 12:04 IST MUMBAI: The board of Future Enterprises will meet on Saturday to finalise the sale of the group’s retail business to Reliance Retail . The all-cash deal will see the Mukesh Ambani company take on Future Group’s debt and liabilities, and pick up a minority stake in the latter’s FMCG arm…
  • Haryana lifts weekend restrictions, malls to now close on Monday and Tuesday
    28 August 2020, Economictimes.indiatimes.com
    “Shopping malls and shops, except those dealing with essential goods and services, shall remain closed on Monday and Tuesday in the market places of urban areas of Haryana. Accordingly, there is no bar on opening of shops and shopping malls on Saturday and Sunday in these areas,” Haryana government said in its order on Friday. New Delhi: Haryana government has given partial relief to retailers, mall operators and restaurants in Gurugram and other town as it has amended its order of weekend closure of malls and markets…
  • Dineout launches takeaway services with more than 5000 leading restaurants
    28 August 2020, Fnbnews.com
    With the global pandemic altering our lifestyle and our eating out habits, Dineout, expands its services and launches contactless ‘takeaway’ on their application. This will enable users to pre-order food and choose for safe self pick-up from their favourite restaurants to increase safety measures for their diners.With an initial launch featuring over 5,000 leading restaurants across Delhi NCR, Mumbai, Bengaluru, Kolkata, Pune, Hyderabad, Chennai, Ahmedabad, Indore, Chandigarh, Jaipur, Nagpur and Vadodara, these services will be available in over 10,000 restaurants by September 2020…
  • E-commerce comes to the rescue of jobless entry, mid-level retail talent
    28 August 2020, Retail.economictimes.indiatimes.com
    There has been over two-fold jump in resumes flowing in from store and sales executives at various consumer retail brick-and-mortar companies over last five months, according to job registrations with TeamLease, a recruitment firm.NEW DELHI: The pandemic is hurting entry and mid-level talent in the brick-and-mortar retail businesses the most, with at least one lakh of those employed hunting for jobs.There has been over two-fold jump in resumes flowing in from store and sales executives at various consumer retail brick-and-mortar companies over last five months, according to job registrations with TeamLease, a recruitment firm…
  • Phoenix Mills eyes acquisitions as malls’ valuations turn attractive post Covid-19
    28 August 2020, Economictimes.indiatimes.com
    SECTIONS Phoenix Mills eyes acquisitions as malls’ valuations turn attractive post Covid-19 By ET Bureau Synopsis India’s largest mall owner is looking to acquire at least three malls in the next 9-12 months including a large greenfield project in Kolkata, discussions for which had already started prior to the pandemic, said a top company executive. MUMBAI: Retail-led mixed-use assets developer and operator The Phoenix Mills NSE -0.75 % is eyeing inorganic growth opportunities as the Covid-19 pandemic and subsequent lockdowns have made the valuations of probable acquisitions attractive…
  • Can shopping malls survive COVID-19?
    27 August 2020, Moneycontrol.com
    Overwhelmed by the dual onslaught of online shopping and COVID-19, malls have abandoned the concept of traditional shopping and are moving towards businesses that are less likely to suffer the offensive of digital commerce and the requirements of social distancingThe business of shopping malls falls among the several businesses that have been severely dented by the COVID-19 pandemic.A shopping mall is a large single building or multiple interconnected buildings housing a great number and variety of shopping units that are all commonly accessible…
  • Apparel retail sector may witness 45 pc fall in revenues this fiscal: Report
    27 August 2020, Outlookindia.com
    New Delhi, The apparel retail sector is likely to witness a 40-45 per cent decline in revenues during 2020-21, and a demand recovery is expected in the festive season this year if COVID-19-related fears subside, according to a report by India Ratings and Research.The rating agency said it expects companies in the apparel retail sector to weather the near-term demand volatility and sluggishness through effective liquidity management, while also improving their competitive advantage…
  • 80% of top delivery brands sign up for takeaway offering instant discounts for diners
    27 August 2020, Internationalnewsandviews.com
    With the global pandemic altering our lifestyle and our eating out habits, India’s largest restaurant tech platform, Dineout expands its services and has launched contactless ‘Takeaway’ on their app. This will enable users to pre-order food and choose for safe self pick-up from their favorite restaurants to increase safety measures for their diners. With an initial launch featuring over 5000 leading restaurants across Delhi NCR, Mumbai, Bengaluru, Kolkata, Pune, Hyderabad, Chennai, Ahmedabad, Indore, Chandigarh, Jaipur, Nagpur and Vadodara, these services will be available in over 10,000 restaurants by September…
  • Unlock Bengaluru’s Potential: For malls and halls, Deepawali could arrive in September
    27 August 2020, Bangaloremirror.indiatimes.com
    Chief Minister keen on opening up cinema halls and other businesses, says Chickpet MLA and owner of Garuda mall at BM’s digital roundtableBring out the popcorn. Chief Minister BS Yediyurappa is keen to allow cinemas to function from the second week of September. However, the final decision rests with the Central government. This encouraging bit of information was shared by Uday Garudachar, Chickpet MLA, at Bangalore Mirror’s Digital Roundtable on Unlocking Bengaluru’s Potential – Bringing business back to Malls, on Wednesday…
  • Gurugram traders protest weekend restrictions to close all non-essential shops and markets
    27 August 2020, Hindustantimes.com
    Citing loss of customers and earnings , over 150 traders, and mall and shopkeeper associations from various parts of the city gathered at Galleria Market in DLF Phase 4 on Wednesday to protest the Haryana government’s decision to close all non-essential shops and markets as well as malls on weekends. The group together addressed a letter to Haryana chief minister Manohar Lal Khattar and the district administration asking for the restrictions to be revoked. They also carried placards against the government and also shouted slogans against the same…
  • Jharkhand minister wants reopening of hotels, malls
    26 August 2020, Tfipost.com
    Ranchi, Aug 26 (IANS) Jharkhand Finance Minister Rameshwar Oraon has said that hotels and malls should be reopened in the state. “Hotels should be reopened in the state. In many states hotels have been reopened. The economic activities are resuming. Where will those people who are coming from outside the state for economic reasons stay? There is no place for them to stay. The state government should formulate a protocol and reopen the hotels,” said Oraon, who is also state Congress president…
  • Dineout launches Takeaway services with over 5000 leading restaurants in India
    26 August 2020, M.dailyhunt.in
    80% of top delivery brands sign up for takeaway offering instant discounts for diners Top restaurants like Mamagoto, Sbarro, Havmor, Farzi Cafe & Cafe Delhi Heights, Subway – now with contactless takeaway! Unveils India’s most exclusive 5-star takeaway and delivery service – only for Gourmet Passport usersWith the global pandemic altering our lifestyle and our eating out habits, India’s largest restaurant tech platform, Dineout expands its services and has launched contactless ‘Takeaway’ on their app…
  • Weekend curfews continue to hurt retail sector: RAI
    26 August 2020, Financialexpress.com
    The month of July witnessed a 63% degrowth in sectoral business year-on-year (y-o-y) after registering an estimated 67% y-o-y degrowth in June, indicated surveys by RAI.Weekend curfews, retail sector, partial lockdown, covid 19 pandemic, RAI, weekend business, coronavirus lockdownConsumption remains tepid and businesses have failed to attract decent footfalls since resumption of operations in a phased manner starting early June.Weekend curfews and partial lockdowns continue to hurt the retail sector that makes over 45% of a week’s business during the weekends, according to a survey released by The Retailers Association of India (RAI) on Tuesday…
  • Bailout for delicensed projects likely
    26 August 2020, Tribuneindia.com
    Ambience Mall at Gurugram. Tribune photo: S ChandanGeetanjali GayatriTribune News ServiceChandigarh, August 25In the light of the Punjab and Haryana High Court order on the Ambience Mall in Gurugram, a bailout plan may be in the offing for 69 projects that fall in the similar “unauthorised” category.The mall had come up on a delicensed portion of over 18 acres originally meant for a residential complex that was relicensed afresh…
  • Mall developer Phoenix Mills promoters sell stake worth Rs833 crore
    26 August 2020, Livemint.com
    On Tuesday, shares of Phoenix Mills closed trading at Rs648.6 apiece, down 10.57% on the BSEMumbai: Two promoter entities of mall developer The Phoenix Mills Ltd, on Tuesday, sold shares worth Rs833 crore, representing around 8.14% stake in the company, through block deals, data from stock exchanges shows.Senior Advisory Services Pvt Ltd sold 1 million shares at a price of Rs671.76, aggregating to Rs67.1 crore while Radhakrishna Ramnarain Pvt Ltd sold 11.5 million shares at Rs666.1 per share, aggregating to Rs766 crore.On Tuesday, shares of Phoenix Mills closed trading at ₹ 648.6 apiece, down 10.57% on the BSE…
  • Mahila Mall, Kozhikode mall run by women and for women, on the verge of closure
    25 August 2020, Thenewsminute.com
    “We were all elated then,” says Beena K, President of the Unity Kudumbashree unit in Kozhikode. Unity, comprising 10 women from different Kudumbashree units from the Kozhikode Corporation, was formed in 2018 to run Mahila Mall. Run by women and for women, the mall was perhaps the first business venture of its kind in the country. The mall is the first and the only one run by members of the state Kudumbashree Mission…
  • Covid-19: ‘Weekend curfews, partial lockdowns hurting retail business’
    25 August 2020, Deccanherald.com
    Weekend curfews and partial lockdowns continue to hurt retail business and dampen consumer sentiment as many states still impose “irrational weekend lockdowns”, the Retailers Association of India (RAI) said on Tuesday.For retailers, over 45 per cent of the week’s entire business happens over the weekends, RAI said in a statement. It added that after facing losses for over four months due to lockdown, retailers are depending on the weekend business to help recover from the financial stress they have been facing…
  • Non-metro markets to be a key driver of India’s recovery: EY survey
    25 August 2020, Etinsights.et-edge.com
    Presenting selected highlights from an EY report based on a pan-India survey The pandemic has changed consumption patterns in the entire Indian sub-continent.As the unlock unfolds in phases, a distinct pattern of recovery is visible. Interestingly, the EY report findings show higher resilience and faster recovery in Indian Non-Metros. The report is based on the survey that focused to explore the potential impact of Covid-19 as reflected by the consumer sentiments. The report demonstrates, the intent of spending more than earlier, on major categories in the coming days is much higher in Non-Metros than the Metro regions…
  • Unlock 4.0 | From cinemas to schools to metro trains, here’s what will open and what remain closed in September
    25 August 2020, M.dailyhunt.in
    New Delhi | Jagran News Desk: The fourth phase of the ongoing process of uplifting the lockdown – termed as Unlock 4.0 – will begin from September 1. The unlock process began from June 1 with the opening up industrial activities and offices across the country, and later reopening of shopping malls, religious places and unrestricted intra- and inter-state travel.However, schools, colleges and other educational institutions continue to remain closed amid the unabated rise in COVID-19 cases and deaths. Metro rail services have also remained suspended fearing further spread of the virus…
  • Cinema halls may be allowed to reopen soon: I&B sources
    25 August 2020, Timesofindia.indiatimes.com
    After SOPs were issued for the resumption of film shoots, the I&B Ministry may reopen cinemasAfter issuing guidelines for film shoots, sources say that the Ministry of Information & Broadcasting is planning to reopen cinema halls in the next few days.’Cinema reopening guidelines are in the final stage’Sources say that the SOPs for reopening of cinemas are being prepared in consultation with the Ministry of Health…
  • A mixed festival season awaits India’s top retailers
    25 August 2020, Livemint.com
    New Delhi: After a tepid fist half of the year that was marked by protracted lockdowns and scare of the pandemic, retailers are eyeing the year’s most lucrative time — the festival season that begins with Onam and Ganesh Chaturthi and continues till Diwali — with mixed expectations…
  • US Mall Closures: Impact of Covid-19 Likely To Accelerate Mall Consolidation
    25 August 2020, Coresight.com
    We explore US mall closures in the context of the coronavirus crisis. Considering the impact of Covid-19 on mall consolidation, we discuss the following key topics…
  • Brazil mall operators sign food e-commerce deal with Google
    25 August 2020, In.reuters.com
    Two major Brazilian mall operators announced a deal with Alphabet Inc unit Google on Monday that will allow food merchants operating in their properties to take delivery orders online…
  • Normalcy just a vaccine away for malls? HDFC Securities bets on Phoenix Mills to make a cyclical recovery
    24 August 2020, Moneycontrol.com
    The brokerage, however, added that the sector will be under pressure for another 12-15 months and well-capitalised organised players will gain the most when normalcy returns.The complete recovery for the real estate sector, which was already under strong pressure before the COVID-19 pandemic, is still at least a year away. The retail mall segment is just a vaccine away from normalcy, said a report from brokerage firm HDFC Securities.HDFC Sec’s optimism is based on the view that the pandemic shock is a passing phase and consumption will revert to mean once the pandemic wanes…
  • Covid Speed Read: SOPs for entertainment production released; weekend restrictions to reverse demand revival by 45%
    24 August 2020, Etcfo.com
    Information and Broadcasting Ministry released standard operating procedures (SOPs) for resumption shooting of films and TV programmes amid Covid-19. Weekend lockdown will reverse demand revival by 45% reveals an analysis done by the retailers association of India (RAI). Aarogya Setu rolls out ‘Open API Service’to allow organisations to access real-time health status of their employees without violating their data privacy. ETCFO Brings these updates and more.India reported a total tally of 3,050,326 people being infected by the novel coronavirus (Covid-19)…
  • Movie Theatres were first to close and will be the last to open up: CFO, Inox Leisure
    24 August 2020, Etcfo.com
    It is possible that we may see at least 10-15% of the screens shutting down in the country and those crowds will eventually move to the bigger chains, says Kailash Gupta, CFO, Inox Leisure who shares that Q1, Q2, Q3 results will remain the same but hopeful for the Q4 for FY21. He further notes that during the lockdown, the debt level increased by Rs 70 crore (in the last four months).There were reports saying that the government is considering opening up of multiplex and cinemas in September 2020…
  • Brands bet on digital strategies to boost online sales in festive season
    24 August 2020, Indiaretailing.com
    Several companies across sectors are expecting the online shopping momentum to continue in the wake of the COVID-19 pandemic and have started focusing on digital strategies for the upcoming festive season, officials said on Friday…
  • How COVID-19 has changed the game for retail
    24 August 2020, Retail.economictimes.indiatimes.com
    What has also been happening is that when offline is not available, consumers are going online. So, both are taking turns at leading retail – one could say we are firing on both cylinders. And like we have always maintained, the success of any retail business today lies in maintaining that fine balance between online and offline…
  • Shopping malls owners urge Jharkhand government to allow resuming operations
    23 August 2020, Realty.economictimes.indiatimes.com
    The mall owners decided to approach the government after a meeting convened under the banner of the Federation of Jharkhand Chamber of Commerce and Industries (FJCCI) on Friday.RANCHI | BOKARO: Owners of several shopping malls in the city and across the state have urged the government to allow them to resume their operations.The mall owners decided to approach the government after a meeting convened under the banner of the Federation ofJharkhand Chamber of Commerce and Industries (FJCCI) on Friday…
  • Chaos reigns on Day 1 of weekend lockdown in Chandigarh
    23 August 2020, Hindustantimes.com
    Even after UT adviser Manoj Parida took to Twitter on Saturday morning to clarify that restaurants and shops providing essential services will remain open on Day 1 of weekend lockdown, police largely remained unaware and eateries and grocery shops were asked to shut down at several places…
  • Are India’s Luxury malls ready for the shopper?
    23 August 2020, Theluxurychronicle.com
    In a time when the global markets are reverberating with the sound of gloom and doom, where lofty iconic stores and malls have downed their shutters, all eyes are on India’s leading luxury malls, DLF Emporio, and the more recent, The Chanakya. The Luxury Chronicle’s Neelima Agrawal reached out to Prashant Bhushan Gupta. His positive outlook, matched with his many dynamic initiatives and enthusiasm, was uplifting. Time will tell if he is a dreamer or a visionary. But he had us convinced to emerge from our shell and take a break in the sanitised new haven he offers…
  • How the British shaped shopping in Shimla
    23 August 2020, Tribuneindia.com
    The haute couture of the Raj left behind a tradition of and taste for the exquisite English brands and other vestiges of the Empire, which still linger on in popular imagination Jasvinder Kaur WHEN Europeans first came to live in colonial India, they could not access things they were used to back home. They had to get their supplies from abroad. But this changed once shops here started selling European goods. By the early 19th century, shops with goods from abroad had started opening in India…
  • Need-based shopping trips drive up footfall at malls
    23 August 2020, Timesofindia.indiatimes.com
    Pune: City malls, which reopened on August 5, have reported an increase in footfall and sales.Mall operators said more people are walking into malls with a purpose, which has resulted in higher conversion rates (store visits resulting in sales) than in pre-Covid times.“I would say that conversion rates are as high as 90-95%, from about 30-40% earlier. People are coming in focused and picking up what they seriously need…
  • Gurgaon shops say weekend off will spell more doom
    23 August 2020, Indianexpress.com
    “On weekends, we get three times the number of customers that we get on a weekday… nobody has the time to go out on weekdays, people were only coming on Saturday and Sunday,” said Aman Bajaj, member of the MGF Metropolitan Mall Association.A day after the Haryana government directed closure of all offices, shopping malls and shops in the market area, except those dealing in essential goods and services, during weekends, members of various market and mall associations, as well as owners of shops and salons, in Gurgaon said…
  • Retailers struggle to find customers in branded stores and malls
    22 August 2020, Theweek.in
    Manav Krishna was treading on very thin ice. He had decided to disregard the strict instructions of his wife, as well as the general paranoia over COVID-19, to go and check out stores in New Delhi’s glitzy central business district of Connaught Place a few weeks into the’Unlock’. An avid shopper and tracker of new trends in fashion and electronics, the corporate lawyer, desperately wanted a taste of how things used to be before COVID-19, the lockdown and work-from-home had forced him to coop up at home for months…
  • Coronavirus lockdown: Multiplexes urge mall owners for full rent waiver, say ready to share revenues
    22 August 2020, Businesstoday.in
    Multiplex companies such as PVR and Inox are pleading with mall owners for a complete rent waiver through the months that they have been shut, andonce they are allowed to resume operations, their request is for a 50:50 revenue share with mall owners until their business picks up. Despite multiplexes contributing close to 25 per cent of a mall’s footfalls, not many mall operators are open either for a rent waiver or a revenue share. With business being far from satisfactory, mall operators’ argument is that they too have liabilities and can’t afford a complete rental waiver…
  • Marrying digitisation with Omni-channel to succeed in Covid times
    22 August 2020, Hospitality.economictimes.indiatimes.com
    Nothing could have digitized the economy faster than what Covid has managed to do. With people locked-up at home for an unimaginably extended period of four months and more, with stores and malls being shut, the only possibility of shopping was through digital means. Much disruption has happened to businesses in the last few months. Unavailability of employees at the workplace, demand slowdown, supply chain disruption, cash-flow issues, working capital crunch, and looming loan burden have been common problems. As organizations re-imagine business, embracing technology will be an important step…
  • Haryana brings weekend curbs as Covid cases spike
    22 August 2020, Timesofindia.indiatimes.com
    GURUGRAM: The state government has decided to enforce closure of establishments dealing in non-essential items during weekends as Covid-19 cases are spiking in the state. Following the order of the State Disaster Management Authority (SDMA), Gurugram is also headed for a weekend lockdown. All public and private offices, except those providing essential services, will remain shut on Saturdays and Sundays…
  • Mall footfalls down 75%-80% – Prestige Estates Projects
    22 August 2020, Ultra.news
    Prestige Estates Projects Ltd, which operates nine malls including The Forum Mall in Bangalore, said footfalls are down 75%-80% at malls due to the COVID-19 pandemic.Speaking to investors after detailing the company’s June quarter results last week, company officials also said they were seeing signs of stress among customers of residential properties, even though interest among NRIs remains buoyant.Malls in Bangalore, Prestige Estates’ primary market, reopened in early June after remaining shut for nearly 2.5 months…
  • COVID drives surge in online shoppers, sellers
    21 August 2020, Livemint.com
    While, most offline retailers continue to struggle in the aftermath of the lockdown, online order volumes have not only recovered to pre-covid levels but also recorded growth led by demand for categories such as pharmaceuticals and FMCG products…
  • Impact Of COVID 19 On Retail Sector & Key Learnings For The Future
    21 August 2020, Businessworld.in
    Consumers are staying home and from shoes, clothes, to groceries, and everyday use items, they are relying on e-commerce and brand websites sites to make their purchases. COVID 19 has transformed our lives, the world we live in forcing governments across the world to implement lockdown. Pushing us indoors for month, the health crisis has adversely impacted businesses triggering a global economic slowdown. Needless to say, people-facing sectors like retail witnessed an immediate slump…
  • ‘Online will be integral part of strategy for brands’
    21 August 2020, Fibre2fashion.com
    While it is still early to say as to what will be a definitive change post-covid-19, it is certain that online retail can no longer be ignored. Moving forward it will be an integral part of the retail strategy for any retail brand. The idea to give the customer an omni-channel experience will be at the top of the mind of every retailer, according to TRRAIN.The pros to embracing online retail are way higher than the cons and hence it is a must for every retail brand…
  • Indian mall developer Phoenix Mills raises $146.6m via QIP
    21 August 2020, Dealstreetasia.com
    Mall developer Phoenix Mills Ltd raised 1,100 crore from institutional investors through a qualified institutional offering (QIP) this week, said two people aware of the development, at a time malls are seeing sharply lower footfalls amid a health crisis and weak consumer sentiment.The QIP offering saw demand for five times the number of shares offered, underscoring that despite near-term challenges facing the realty sector, investors, flush with liquidity, are keen to back market leaders in commercial and retail real estate…
  • Is Mall of America heading for foreclosure?
    21 August 2020, Footwearnews.com
    After falling months behind on its mortgage, Mall of America’s owner is striking a deal with its lenders to avoid foreclosure…
  • Ambience Group announces a 3 day Home Fiesta for Home Buyers in Delhi NCR
    20 August 2020, Chennaiyil.com
    GURGAON and NOIDA — Ambience Group, one of India’s leading names in the real estate, hospitality, and education sectors, has today announced an exclusive offer for home buyers valid from 21st of August to 23rd of August 2020. This period also coincides with Ganesh Chaturthi, which will be celebrated across India from 22nd August onwards.With its in-house construction and development capabilities, the Delhi -headquartered Ambience Group has created a name for itself in the premium and luxury real estate segment…
  • Post-Covid revival: Retailers hopeful of demand rebound this festive season
    20 August 2020, Financialexpress.com
    The Croma and Reliance Digital stores had people lining up waiting for their turn to buy. Laptops, LED TVs, microwave, refrigerators and electric kettle were moving off the shelves.The festive season from Dussehra to Diwali is expected to see a resumption in sales closer to the pre-Covid levels.Retailers are expecting nearly 70% demand recovery in the coming festive season compared to pre-Covid levels. The Independence Day weekend footfall and sales across malls in Pune, despite heavy rainfall, have given them the confidence that buyers would come back soon…
  • Upto 50% discount Independence Day offer at Apsara Interior Mall
    20 August 2020, Thehitavada.com
    APSARA Furniture Mall one of the city’s oldest, most trusted and popular furniture manufacturers, wholesalers and retailers has launched the Independence Day offer on total range of home and office furniture with upto 50 per cent discount.Apsara furniture cum interior mall offer will be available till August 25. The sale will cover total range of home furniture like drawing rooms sets of various designs and combinations, offering ultimate luxury, bedroom sets, wardrobes, sofa sets, modular kitchens etc., which are of latest design and manufactured to international standard by the famous Indian craftsmanship on the ultra modern German machinery…
  • Aditya Birla Fashion, Shoppers Stop, Reliance Retail and others get huge discounts on mall rentals for Q1
    20 August 2020, M.dailyhunt.in
    New Delhi: India’s biggest retail players Aditya Birla Fashion, Shoppers Stop, Tata Trent and Reliance Retail have reportedly got huge rental discounts in the April-June quarter from malls developers across metropolitan cities. It is worth noting that shopping malls were permitted to reopen in June after a prolonged Covid-19 countrywide lockdown.Aditya Birla Fashion and Retail Ltd (ABFRL) that manages brands such as Pantaloons, Louis Philippe, Van Heusen in India, for instance, said it saved around Rs 240 crore on lease rentals in the first quarter of this fiscal…
  • As Covid-19 rips through India’s fashion retail sector, striking new rent deals with malls is key
    19 August 2020, Scroll.in
    Walking into a mall in an Indian metro on a weekend is like entering into a scene from a dystopian film.There’s overpowering odour of sanitising liquid, multiple temperature checks by security staff, little or no food available, shuttered entertainment zones and about 30% of shops the stores closed.Until mid-March, India was possibly the best place in the world to be in the fashion business. While fast fashion was retreating in the West, it was gaining ground here…
  • Unlock 4: Standalone cinema halls likely to be reopened from next month
    19 August 2020, M.dailyhunt.in
    New Delhi: Next on the government’s unlock agenda are movie theatres which might be reopened from as early as next month even as the pandemic’s growth curve is nowhere near flattening.After opening restaurants, gyms and malls – cinema halls are likely to make it to list in the next phase of ‘unlock’guidelines, slated to be issued by August-end.According to a report in business daily Economic Times, the government is likely to allow the opening of standalone cinema hall, albeit with strict social distancing and sanitisation rules…
  • Now playing at the mall parking lot: movies, drag shows
    19 August 2020, Union-bulletin.com
    Angel Dougherty went to the mall last month — not to shop, but to watch a drive-in drag show in the parking lot.“This year has been so anxiety filled and chaotic, I figured this experience would be something to lighten the mood,” says Dougherty, who paid to see the stars of TV’s “RuPaul’s Drag Race” dance in front of hundreds of parked cars at a shopping center in Paramus, New Jersey…
  • U.S. mall owner CBL strikes restructuring deal with lenders to slash debt
    19 August 2020, Cnbc.com
    U.S. mall owner CBL & Associates announced Wednesday it has reached a restructuring support agreement with debt holders — a bid to boost its balance sheet with its malls getting hammered by the Covid-19 crisis…
  • Bengaluru: Mall reaches Covid-wary shoppers’ doorstep
    18 August 2020, Retail.economictimes.indiatimes.com
    Inorbit mall, Whitefield rolled out Mall on the Move, an initiative under which it set up outlets of six fashion brands inside Adarsh Palm Meadows in the same locality from August 14-17. US Polo, Flying Machine, Metro, Skechers, Soch and Celio have set up stalls inside the clubhouse of the residential enclave.BENGALURU: If farming community members were visiting apartment complexes during lockdown for direct sale, a new trend seems to be emerging in the city’s retail business space now…
  • Punjab Imposes More Restrictions in Jalandhar, Ludhiana And Patiala From Today Amid Surge in COVID-19 Cases; Check Timings For Restaurants, Shopping Malls & Liquor Shops
    18 August 2020, Latestly.com
    Punjab: With the surge in the coronavirus cases, the state government decided to impose additional restrictions in Jalandhar, Ludhiana and Patiala from Tuesday till further orders.Hereby, the movement of individuals for non-essential activities will remain prohibited between 9 pm to 5 am, according to the Information and Public Relations Department in Punjab. There will also be a restriction in the timing till which restaurants, hotels can stay open. According to the new order, restaurants, hotels and other hospitality units to remain open till 8.30 pm. Shops and shopping malls would remain open till 8 pm…
  • Liquor Stores In Chennai To Reopen Today, Oppostion Slams Closure Of Religious Places & Malls
    18 August 2020, Msn.com
    Liquor stores in Chennai will be reopened today, as part of unlock 3.0 for the first time in 5 months. Liquor shops will be open from 10 am to 7 pm, and only 500 customers will be allowed every day. Meanwhile, the DMK and the opposition has slammed the opening of liquor stores while keeping religious places and malls shut in the city.#CNNNews18 #ChennaiLiquorStoresReopen #IndiaFightsCOVID19 Watch all the current, latest and breaking news only on CNN NEWS18 live TV…
  • Phoenix Marketcity Introduces Curbside Service & Phoenix @Doorsteps for Seamless Shopping Experience
    18 August 2020, Blogspot.siliconvillage.net
    Embracing the ‘new normal’, Bengaluru’s favourite shopping and lifestyle destination, Phoenix Marketcity has introduced Curbside service for itscustomers who may want to shop at the mall at the comfort of their homes. Curbside service ensures comfort and convenience to consumers by offering a seamless retail experience designed with safety in mind. The mall has set up a Curbside pickup desk keeping in mind minimal interaction and trouble-free experience to get the shopping orders picked. Another modest initiative is Phoenix @ Doorsteps which is basically a home delivery service where customers will get their shopped bags delivered at their doorsteps…
  • Decathlon opens store at Delhi’s Select Citywalk
    18 August 2020, Shoesandaccessories.in
    French sporting goods retailer Decathlon has opened a store at Delhi’s Select Citywalk.The store has a zero contact drive-through for the ones who are on-the-go.If waiting is really not your thing then they do provide the option of ‘Reserve & Collect’ where the order placed on the app can be picked up at the store within a 2hr pick-up window. Commenting on the launch, Yogeshwar Sharma, Executive Director & CEO, Select Citywalk, said, “Select CITYWALK has always brought customers the chance to experience world class brands across various categories…
  • Consumer sentiment improving, revival stronger among lower-income segments, small cities: BCG Report
    18 August 2020, Indiaretailing.com
    ‘Cautious Living’ is emerging as the new theme, where consumers beginning to feel that it is time that they need to resume their activities albeit with a lot of caution, said the report titled ‘COVID-19 Consumer Sentiment Research’…
  • Non-essential shops, malls to remain closed on weekends
    17 August 2020, Tribuneindia.com
    Tribune News ServiceLudhiana, August 17Keeping in view rising Covid-19 cases, District Magistrate Varinder Kumar Sharma has ordered closure of all non-essential commodities shops and shopping malls on the weekends. “All shops and shopping malls will remain open till 8 pm from Monday to Friday,” said Sharma.“Only essential commodities shops, including those in shopping malls, will remain open on all days till 8 pm. Restaurants and hotels, including eateries situated within shopping malls, and other hospitality units will remain open till 8.30 pm. Besides, liquor vends will remain open till 8.30 pm as per the order,” Sharma added…
  • Malls, retailers begin talks again over rentals
    17 August 2020, Rediff.com
    By Raghavendra Kamath & Viveat Susan Pinto August 17, 2020 23:45 ISTRetailers want rental waivers should be extended for a few more months, since business is not expected to pick up before the Dussehra-Diwali period, which falls in October-November.Mall developers and retailers are at the negotiating table again as sluggish business is forcing the two to rework rent pacts…
  • COVID-19 impact: Retailers urge mall operators to extend rent waiver until festive season
    17 August 2020, Moneycontrol.com
    Retailers have argued that rental waivers should be extended for a few more months because business is not expected to pick up before the festive period.Shopping mall developers and retailers are back at the negotiating table after businesses failed to pick up despite relaxations in the government’s guidelines. While mall owners have given up to full waivers to retailers on monthly rentals during the lockdown period from March to May, retailers say it will not suffice…
  • Bengaluru: Mall reaches Covid-wary shoppers’ doorstep
    17 August 2020, Timesofindia.indiatimes.com
    Residents of Adarsh Palm Meadows check out products at different outlets of Inorbit mall. BENGALURU: If farming community members were visiting apartment complexes during lockdown for direct sale, a new trend seems to be emerging in the city’s retail business space now. With shopping centres yet to see the kind of footfall they did in the pre-pandemic times, a mall in the city has now reached out to premier societies to set up stalls of branded items on their premises…
  • Freedom from fear on I-Day; malls again a hangout zone
    17 August 2020, Timesofindia.indiatimes.com
    Kolkata: Nearly all malls in the city clocked record footfalls over Friday, Saturday and Sunday. But, customer spend at malls that had shot up significantly when malls reopened two months ago, dipped during the Independence Day weekend, a phenomenon that reflected a definite shift in customer behaviour to pre-pandemic normal.Sales dipped by 10% over the previous week, not because people were shy to spend but because the malls attracted not just shoppers but the hangout crowd as well. With entry regulated at malls to adhere to social-distancing norms, queues were visible outside several malls…
  • ‘If malls can remain open why can’t temples?’ asks Raj Thackeray
    17 August 2020, Timesnownews.com
    MNS chief Raj Thackeray has asked a question to the government, “If Govt can open malls and other things then why can’t they open temples?”Mumbai: MNS chief Raj Thackeray has asked a question to the government, “If Govt can open malls and other things then why can’t they open temples?” In Maharashtra under mission begin again slowly govt is allowing shops, malls, transportation to reopen. But as of now, temples have not got any permission to remain open for devotees…
  • Rafale model at Pacific Mall on Independence Day
    17 August 2020, Apnnews.com
    New Delhi: On the Occasion of 74th Independence Day Pacific Mall, Tagore Garden, is putting up a décor called Wings of Valor that features Rafale installation of a 16ft fighter aircraft suspended from the ceiling and at an elevation of 4.5 Ft. from the ground with a Runway base. The exhibit will give the feel of fighter aircraft taking off from a runway with tri-color being the backdrop of the runway…
  • Shopper behaviour is changing as India’s lockdown lifts
    17 August 2020, Kantar.com
    While the early stages of the pandemic have had a lasting impact on FMCG trends, new buyer behaviours and segments are emerging. Although gradually emerging from constraints, shoppers across India are still living their lives under restrictions, which continues to impact their FMCG purchase behaviour. Lockdown rules currently vary from one part of the country to another, so the picture is not a consistent one; however, there’s plenty we can learn from the data…
  • This Independence Day, shoppers move online, malls see less footfall than in previous years
    16 August 2020, Timesofindia.indiatimes.com
    For many people, their Independence Day plans usually include a visit to the mall – be it to shop, watch the latest movie, or eat out. Some prefer mall hopping simply to click cool selfies with the I-Day décor as the backdrop, while others look forward to availing special I-Day discounts and offers. However, this year, the pandemic changed things. This Independence Day, a lot of people,who usually spend the day visiting malls, spent their time cooped up at home…
  • Malls, retailers begin talks again over rentals as business remains weak
    16 August 2020, Business-standard.com
    While mall owners gave full, and in some cases, half waivers to retailers on monthly rentals during lockdown months, retailers say this may not be enoughMall developers and retailers are at the negotiating table again as sluggish business forces the two to rework rent pacts. While mall owners gave full, and in some cases, half waivers to retailers on monthly rentals during the lockdown months of March, April and May, retailers say this may not be enough…
  • Rafale Model At Pacific Mall On Independence Day
    16 August 2020, Gadget-innovations.com
    On the Occasion of 74th Independence Day Pacific Mall, Tagore Garden , is putting up a décor called Wings of Valor that features Rafaleinstallation of a 16ft Fighter Aircraft suspended from the ceiling and at an elevation of 4.5 Ft. from the ground with a Runway base. The exhibit gives the feel of fighter aircraft taking off from a runway with tri-color being the backdrop of the runway. Weighing 110 kgs, the aircraft installation is made up of recycled material, EPS foam, paper, and waste iron scraps…
  • What and how consumers are buying in time of Covid
    16 August 2020, Financialexpress.com
    The unlocking may have happened in phases and economic activity normalised to a certain extent, but demand and consumer spending still continue to remain tepid. Consumers, gripped with uncertainty due to job losses and pay cuts, are buying large product packs to save money and also stock up on items. Doodling books and painting accessories have emerged as the new discretionary spends…
  • Phygital-meets-retail in post-COVID world as luxury retailers struggle to redefine experience
    15 August 2020, Moneycontrol.com
    Dealing with fragmented opening of cities and random shutdowns, retail stores and malls are struggling to draw in footfalls, motivating retailers and owners to evolve solutions such as personal shoppers and curbside pickups.Ensemble’s executive director Tina Tahiliani Parekh doesn’t remember the last time the store’s crisp concrete-meets-marble interiors were bereft of customers. While there have been a few by-appointment customers, the walk-ins and the vibrancy are missing from one of India’s oldest luxury fashion store.Much like Ensemble, retailers are struggling to make sense of the debilitating effect of lockdowns on the once buzzing retail landscape…
  • Lockdown Lifted in Thiruvananthapuram; Malls, Salons in Non-Containment Zones to Reopen Tomorrow
    15 August 2020, News18.com
    School children wearing masks get their hands sanitized and temperatures checked as they arrive to appear for state board examination during the coronavirus pandemic in Kochi, Kerala state, India, Tuesday, May 26, 2020. (AP Photo/R S Iyer)The over a month-long COVID-19 induced lockdown in Thiruvananthapuram corporation limits will be lifted from midnight following which malls, hypermarkets and salons will open Saturday morning…
  • #UnlockingDiaries Mumbai malls’ safety rules stress on going contactless
    15 August 2020, Timesofindia.indiatimes.com
    Despite the continuous rains, shoppers are still heading to their favourite malls that have given their safety measures an overhaul on resumption after 140 daysThe malls reopened on August 5 as a part of Mission Begin Again and the subsequent phased unlocking process (Unlock 3.0), and Mumbaikars have been heaving a sigh of relief ever since as they get to walk into their favourite malls after nearly five months of closure…
  • The festive season is around the corner and here’s what brand experts are telling apparel retailers
    14 August 2020, Moneycontrol.com
    Tap social media to engage with the customer, strengthen e-commerce channels and increase advertising — these are some of the tips the experts have for apparel retailers looking to rebound from the hammering they have taken in the wake of the Covid-19 outbreakOver the last few months, the retail industry has undergone a radical transformation, as the Covid-19 pandemic broke out and Lockdowns took hold…
  • Consumer confidence key for revival of shops and malls
    14 August 2020, Retail.economictimes.indiatimes.com
    Retailers and malls have been hit the hardest because people have been afraid to go out. Job losses and salary cuts have made them reduce their spending.Bengaluru: Confidence in the minds of customers is most important for them to come out, shop and visit malls. That is what will boost the retail sector, said panelists at a session on retail and malls at the Reboot Karnataka conclave on Thursday…
  • Amazon continues its juggernaut into physical retail domain: Malls pivot to survive
    14 August 2020, Brandequity.economictimes.indiatimes.com
    The customers are increasingly buying online, and the absence of an anchor tenant in a mall, just makes it even less attractive for the customers to visit the mall. Thus, the spate of retail chains closing their stores would be of grave concern to the mall owners…Amazon had been the biggest beneficiary of the changing customer preferences in the pandemic.The last week Amazon fired another salvo at the physical retail stores…
  • Retail inflation at 6.93 pc in July
    14 August 2020, Indiaretailing.com
    According to a PTI report: The food inflation, according to the Consumer Price Index (CPI) data, increased to 9.62 percent in July.The retail inflation in June was 6.23 percent, while the food inflation stood at 8.72 percent…
  • Phoenix Shopping Festival is Back with a Bang from from August to September 2020
    14 August 2020, Blogspot.siliconvillage.net
    With the festive season just around the corner, Phoenix Marketcity is all geared up to offer its customers an experience of a lifetime with its thirdedition of “Phoenix Shopping Festival”. Just like the previous two seasons, this year’s edition spans over from August to September 2020 and is filled with shopping, entertainment, amazing food, surprises, winning fabulous prizes and lots more.This year, Phoenix Shopping Festival gets more rewarding with INR 1cr worth prizes to be won on shopping, along with the entire mall on up-to 60 percent off…
  • South Coast Plaza takes ‘stores’ outdoors to keep cash registers ringing
    13 August 2020, Ocregister.com
    Southern California indoor mall operators have taken their goods outside to keep cash registers ringing in the coronavirus era.Several Southern California centers have launched a twist on mall shopping, using their parking spaces as marketplaces as they desperately battle long-running economic challenges amplified by the pandemic’s business limitations. These innovations were forced by the state’s decision in July to restrict indoor mall shopping to slow the virus’ spread…
  • Social distancing Vs. increasing footfall in sale season
    13 August 2020, Timesofindia.indiatimes.com
    Facebook twitter incomIt is the onset of the festive season in India which also brings in its wake sales. With Raksha Bandhan being largely a family affair, Independence Day is the next occasion when people are more likely to step out, taking advantage of the day off. The dilemma for malls will be on balancing sales (revenue), heavier footfalls with social distancing (Covid protocols). Tricity malls have created an interesting mix of the two, with the likelihood of not tipping the scales in favour of the other…
  • Tech transformation to meet dynamic customer expectations
    13 August 2020, Retail.economictimes.indiatimes.com
    Fast-moving Consumer Goods (FMCGs) retailers are also embracing advanced technologies, such as Radio Frequency Identification (RFID), to provide an end-to-end contactless and secure shopping experience to their customers. Moreover, newer channels, such as curbside pickups have become a trending service for restaurants, fashion retailers, and grocery stores.By : Sanjesh ThakurAs the pandemic has dawned upon us, understanding the evolving consumer behaviours and preferences plays a more central role for the consumer industry leaders…
  • Mall employees struggle to reach their workplace
    13 August 2020, Hr.economictimes.indiatimes.com
    Chandekar from Dhayari does not have a personal vehicle and can’t afford an autorickshaw or a cab to go to work. “I fail to understand the logic behind not allowing the PMPML buses to ply for people going to work. What will people like us do?” August 13, 2020, 08:12 IST Pune: Somesh Chandekar, an employee of an apparel store at Kumar Pacific Mall near Golibar Maidan , has been struggling to reach his workplace on time over the past few days…
  • Anarock partners with UAE’s Vindico to provide design, leasing services for malls, retail stores
    13 August 2020, Financialexpress.com
    The Anarock-Vindico partnership will deliver scientific, success-oriented design solutions coupled with proven leasing and tenant representation services,\” said Anuj Kejriwal, MD & CEO – Anarock Retail.Anarock, Vindico, UAE, post covid era, Anarock Retail, post COVID-19 retail market, real estate services, latest news on anarockFounded in April 2007, Anarock is a real estate services company with a presence across India and the Middle East. Its revenue increased 36 per cent to Rs 256 crore during the last fiscal year…
  • Modern retail must reboot to avoid bleak future: Investment in 3 Ps hold key to sales revival
    13 August 2020, Financialexpress.com
    The current COVID-19 pandemic has brought about drastic changes in our lifestyle, resulting in a significantly transformed consumers across the globe. The sector most impacted by this upheaval has been the retail sector.\XWhile the traditional retail comprising 94 % of the Indian retail landscape has benefitted to some extent modern retail has been hit badly in the current stage of COVID lifecycle.The current COVID 19 pandemic has brought about drastic changes in our lifestyle, resulting in a significantly transformed consumers across the globe…
  • Mall employees struggle to reach their workplace
    13 August 2020, Timesofindia.indiatimes.com
    Pune: Somesh Chandekar, an employee of an apparel store at Kumar Pacific Mall near Golibar Maidan, has been struggling to reach his workplace on time over the past few days.Chandekar from Dhayari does not have a personal vehicle and can’t afford an autorickshaw or a cab to go to work. “I fail to understand the logic behind not allowing the Pune Mahanagar Parivahan Mahamandal Limited (PMPML) buses to ply for people going to work. What will people like us do? I have to be on duty at 10am…
  • Mall owners demand property tax waiver
    13 August 2020, Punemirror.indiatimes.com
    After being forced to shut shop over the past four months, mall owners in the city have sought a property tax waiver and a deferred payment schedule for their dues, given the loss they’ve already suffered and continue to amidst the pandemic and related restrictions…
  • Retailers reach out to shoppers directly amid shift in habits
    13 August 2020, Livemint.com
    Retailers tap new strategies amid a change in shopping habits With footfalls in malls and stores almost disappearing, many apparel and home appliances brands are devising strategies to reach out to the consumer directlyCompanies are trying out new strategies, including launching their own e-commerce sites, taking orders via WhatsApp calls and organizing swift home-deliveries as they seek to cope with a world that has been transformed by the coronavirus pandemic.With footfalls in malls and stores almost disappearing, many apparel and home appliances brands are devising strategies to reach out to the consumer directly…
  • Dist team to take pragmaticapproach to isolate contacts
    13 August 2020, Timesofindia.indiatimes.com
    With cases reported via local transmission in shopping complexes, and super markets, district health wing and…Simultaneous confirmation of positive cases in places where people gather in large numbers often result in a lengthy trail of contacts posing two major challenges in terms of contact tracing and fixing area of containment.Following the recent instance in which five staff of a retail chain tested positive at Sreekaryam, the health wing had to consider various options…
  • Retail Reopening 2.0: New Protocols of Shopping
    12 August 2020, Luxuryfacts.com
    As the world acclimatizes itself to the new normal, brands are focusing all of their energies on providing customers with real value and transparency for a holistic shopping experience. But, what would this new ‘shopping’ experience be like? Are consumers ready for an in-store purchase?By: Tejashee KashyapWhen I heard Carrie Bradshaw declare, “Shopping is my cardio,” it became my motto for quite some time, until this grave pandemic decided to pay a visit…
  • Anarock partners with UAE’s Vindico to provide design, leasing services for malls, retail stores
    12 August 2020, Devdiscourse.com
    Homegrown property consultant Anarock on Wednesday said it has partnered with UAE’s Vindico to help mall owners as well as retailers in designingand leasing of retail spaces in a better way to ensure success in post-COVID era. Vindico is a global leader in retail design and delivery, having opened over 10,000 shops and restaurants across four continents.”The Anarock-Vindico partnership will deliver scientific, success-oriented design solutions coupled with proven leasing and tenant representation services,” said Anuj Kejriwal, MD & CEO – Anarock Retail…
  • As festive season round the corner, Inorbit mall Malad and Vashi now open
    12 August 2020, Fnbnews.com
    Our Bureau, Mumbai Mumbai has a reason to celebrate as the festive season begins with the reopening of Inorbit mall, located at Malad and Vashi. After four months of shutdown because of the ongoing pandemic, all services at the mall have been made operational. However, now with new government directives and all safety measures intact, the mall is ensuring that consumers safety is of utmost priority…
  • CBI conducts searches over illegal use of land to raise Ambience Mall in Gurugram
    12 August 2020, Theglobalrealty.com
    Comments Off on CBI conducts searches over illegal use of land to raise Ambience Mall in GurugramNEW DELHI: The CBI on Monday conducted searches at four locations after filing a case of illegal conversion of residential land to raise the swanky Ambience Mall in Gurgaon, officials said.The CBI has registered an FIR on the orders of Punjab and Haryana High Court which had termed the mall illegal.The High Court had sought a separate investigation by the CBI to probe alleged illegal actions, if any, and possible collusion between the builder and state authorities…
  • Malls reopen in India, with riders
    12 August 2020, Fashionunited.in
    As of 5th August, malls across India are allowed to open again as part of the country’s “unlockdown” efforts. While mall and shopping centre doors have opened and the first weekend saw a good turnout across the board and despite heavy rain warnings in some parts of the country, mall operators and retailers need to make sure to stick to mandatory health and safety regulations or risk having to close again…
  • Local lockdowns impeding retail recover
    11 August 2020, Retail.economictimes.indiatimes.com
    “Localised lockdowns, weekend curfews and not allowing formats like food courts and cinema halls to restart are creating roadblocks on the path to revival,” Kumar Rajagopalan, CEO, Retailers Association of India, said…
  • Grocery stores might be the next big thing to move into malls
    11 August 2020, Cnbc.com
    As consumer shopping habits change, America’s shopping malls have anointed many saviors: food halls, movie theaters, gyms. Grocery stores could be next on the list…
  • Local lockdowns impeding retail recovery
    11 August 2020, Retail.economictimes.indiatimes.com
    “Localised lockdowns, weekend curfews and not allowing formats like food courts and cinema halls to restart are creating roadblocks on the path to revival,” Kumar Rajagopalan, CEO, Retailers Association of India, said.Bengaluru : There has been a marginal recovery in retail activities last month compared to June, a survey by the Retailers Association of India said. In July, losses narrowed to 63% compared to 67% in the month before. In April, the first full month of lockdown, it was a staggering 80%…
  • CBI lodges case against builders of Ambience Mall, HUDA, govt officials, conducts raids
    11 August 2020, Indianexpress.com
    CBI teams initiated parallel searches at the government offices of town and country planning department, HUDA (now Haryana Shahri Vikas Pradhikaran (HSVP)) and premises of the accused at Delhi, Panchkula and Chandigarh.Acting on directions of the Punjab and Haryana High Court, CBI has registered a case in connection with the alleged illegal construction of the Ambience Mall, against Raj Singh Gehlot of Ambience Developers and Infrastructure Pvt Ltd, unknown officials of the Haryana Urban Development Authority (HUDA), the state town and country planning department and unknown private persons…
  • City malls report higher footfalls
    11 August 2020, Theweek.in
    Kolkata, Aug 11 (PTI) Many malls in the city have reported higher footfalls and a surge in sales on weekends, an official said. Last weekend mall operators witnessed about 30-50 per cent jump in footfall backed by higher sales, the official of a leading mall said. Similar feedback was received from other leading malls with 8,000-19,000 footfalls.”Among the few factors that drove people in large numbers is the end of season sale before the arrival of fresh stock for the festive season…
  • Premature to talk about opening schools, colleges & malls, says Health Secretary Bhushan
    11 August 2020, Theprint.in
    Health Secretary Rajesh Bhushan says SOPs have been drawn up for all contingencies. He also says it’s hypothetical to discuss Russia’s vaccine since it’s being made elsewhere.New Delhi: While India is doing well on various Covid-19 parameters such as testing, recoveries and case fatality rate, it is “premature” to talk about opening up schools, colleges and malls, Health Secretary Rajesh Bhushan said Tuesday…
  • Creaticity goes phygital
    11 August 2020, Indiaretailing.com
    Everyone is getting used to the new normal. This means work cannot stop, shopping cannot stop and making homes more aesthetic and functional can also not stop. To make life easier, to make shopping as ‘near zero contact’ as possible and to make shopping for home furnishing and decoration such as furniture and furnishings even more exciting, Creaticity, Pune launched first-of-its-kind online platform www.creaticityonline.com, the first organized furniture mall to go completely online…
  • Prestige group in advance talks with Blackstone to sell commercial assets for up to Rs 13.5k crore
    11 August 2020, Indiaretailing.com
    Leading realty firm Prestige group is in advance discussion with global investment firm Blackstone to sell its various commercial assets for an estimated Rs 12,000-13,500 crore as part of its strategy to clear debt and achieve future growth, sources told PTI…
  • COVID-19 has permanently altered Indian consumer bevahiour
    11 August 2020, Indiaretailing.com
    The COVID-19 pandemic has permanently altered consumer behaviour in India and nearly 90 percent of those surveyed are making lasting changes to how they live, work and shop, and there is no going back to the pre-pandemic world for consumer brands, a new report said on Monday…
  • Retail industry witnesses marginal recovery in second half of July
    11 August 2020, M.dailyhunt.in
    New Delhi: The retail industry witnesses a marginal recovery in the month of July as compared to June after witnessing losses of more than 80% in April, says the latest survey by Retailers Association of India (RAI).After subdued growth in the first half of July due to localised lockdowns, the second half showed continued recovery for categories such as food & grocery and consumer durables.However, categories such as apparel & clothing, sports goods, and beauty & wellness have shown no signs of recovery.In the second half of July, sales continue to witness degrowth across regions and company sizes…
  • Blackstone may buy Prestige Group’s assets for over Rs 12,700 crore: Report
    10 August 2020, Moneycontrol.com
    Blackstone’s acquisition will reportedly include Prestige Group’s nine operational malls.US private equity player Blackstone might purchase Prestige Group’s rental income assets for over $1.7 billion (Rs 12,745 crore).If successful, the deal would be the largest real estate portfolio buyout in India, according to a reportby The Economic Times.Moneycontrol could not independently verify the story.CloseBlackstone declined to comment, while Prestige Group had not yet responded when contacted by The Economic Times.”The term sheets have been signed and the deal is set to be concluded in the next few weeks,” a source told the publication…
  • CBI Files Case Against Builders Of Gurgaon’s Ambience Mall, Conducts Raids
    10 August 2020, Ndtv.com
    The CBI on Monday registered a case in connection with the construction of the Ambience shopping mall in Haryana’s Gurgaon on land that had originally been allotted for a housing project. New Delhi: The agency also conducted raids on premises of the accused, including Directors of the Ambience Group, at four locations in Delhi and Haryana. The case was registered almost exactly a month after the Punjab and Haryana High Court ordered the CBI to probe the allegedly illegal building of the shopping mall adjacent to the Delhi-Jaipur National Highway…
  • Creaticity launches first-of-its-kind phygital furniture and decor mall
    10 August 2020, Aninews.in
    Everyone is getting used to the new normal. This means work cannot stop, shopping cannot stop and making homes more aesthetic and functional can also not stop.To make life easier, to make shopping as “near zero contact ” as possible and to make shopping for home furnishing and decoration such as furniture and furnishings even more exciting, Creaticity, Pune launches a First-of-its-kind online platform www.creaticityonline.com arguably the first organized furniture mall to go completely online…
  • 25 Covid deaths in a day in Gujarat, Ahmedabad civic body seals Central Mall
    10 August 2020, Indianexpress.com
    As many as 25 Covid-19 deaths were reported in Gujarat on Sunday, of which five were from Rajkot city, taking the district toll to 49. Rajkot city also reported 60 new coronavirus cases, while another 35 cases were reported from rural areas, making it 95 cases in total. Gujarat reported 1,078 new Covid-19 cases on Sunday, with the tally reaching 71,255 and death toll 2,675…
  • Road to Recovery: South City Mall records 18,000+ weekend footfalls; food, fashion big draws
    10 August 2020, Indiaretailing.com
    Everyone is adjusting to the new normal. Post the unlock phase, people have started visiting places which are open, and they feel safe in. To reassure their trust in South City Mall, the shopping centre equipped itself to create newer, better shopping experiences in a very limited time…
  • WATCH VIDEO: Nashik City Centre introduces app to monitor area-based capacity
    10 August 2020, Indiaretailing.com
  • Top U.S. mall operator Simon faces pandemic pain
    10 August 2020, Reuters.com
    (Reuters) – Surging COVID-19 infections in big states like California, Texas and Florida are scaring shoppers away from newly reopened malls, dealing a blow to an industry that was on the ropes even before the pandemic began…
  • Blackstone eyes malls, biz parks of Prestige
    08 August 2020, Retail.economictimes.indiatimes.com
    BENGALURU: Prestige Estates is in talks with the US-based private equity firm Blackstone to sell a big portion of its commercial office portfolio and some malls for at least $1.5 billion as part of efforts to reduce debt, multiple people familiar with the matter said…
  • Pune malls get their buzz back; operators cheer – retail could bounce back much faster than anticipated
    08 August 2020, Financialexpress.com
    If the response to the reopening of malls in Pune is any indication, the retail segment could bounce back to pre-lockdown levels much faster than anticipated. After the four-and-a-half-month shutdown and the Covid-19 cases crossing the one-lakh mark in the city, mall operators were apprehensive about customer response when they reopened the shopping complexes on August 4. Arun Arora, centre director, Phoenix Marketcity Pune, the largest mall in Pune with more than 300 brands, said the customer response was better than their expectations…
  • COVID-19 SOP: Malls need to shell out Rs 30 lakh a month to meet sanitation guidelines, says Phoenix Mills’ Rajendra Kalkar
    07 August 2020, Moneycontrol.com
    The Phoenix Mills has concluded rental negotiation agreements with almost 90 percent of retailers and brands.Mall owners have definitely heaved a sigh of relief with the Maharashtra government allowing malls to reopen after more than four and a half months.The government has allowed malls to open only when Standard Operating Procedures (SOPs) are followed. For this, mall developers or owners have to shell out a big chunk from their coffers to meet the SOPs…
  • Malls shut in Navi Mumbai, liquor stores open in Thane
    07 August 2020, Timesofindia.indiatimes.com
    MUMBAI: A day after malls reopened, Navi Mumbai shut them again on Thursday citing violation of social distancing norms, In a major relaxation in Thane, the collector allowed sale of liquor over the counter across six civic bodies in the district.NMMC commissioner Abhijit Bangar told TOI: “People from outside the city were seen thronging malls on Wednesday. If the crowd on a weekday was unmanageable, imagine the footfall on weekends…
  • Pune’s shopping malls expect an increase in footfalls in days to come
    06 August 2020, Sakaltimes.com
    The footfalls in shopping malls in Pune stayed low due to the stringent guidelines, but the opening of malls did see several youngsters flocking around and meeting their friends August 5 was a historic day for the nation for various reasons. Kashmir had its own reason to mourn or celebrate. Then there was the Bhumi Pujan of the Ram Mandir at Ayodhya…
  • Retailers in malls want businesses to re-open
    05 August 2020, Thehindu.com
    International brands and retailers housed in malls across Tamil Nadu are sitting on a huge pile of unsold inventory and facing mounting losses owing to the COVID-19 pandemic. They have requested Chief Minister Edappadi K. Palaniswami to permit a phased re-opening of shops.“I have consignments worth several crore in my shop at a mall. Though the mall owner has given us several concessions during the last three months, our business is not going to revive any time soon,” says the proprietor of a clothing brand that specialises in weddings…
  • Pune malls back in business from Aug 5 with safety in mind
    04 August 2020, Hindustantimes.com
    SCAI welcomes the decision to allow malls to operate between 9am and 7pm. Members of Shopping Centres’ Association of India (SCAI) have welcomed the decision to allow malls to operate between 9am and 7pm from August 5. The decision was taken on July 31 when new guidelines were issued by Pune municipal commissioner Vikram Kumar. Amitabh Taneja, chairman, Shopping Centres’ Association of India, said, “SCAI has developed and rolled out stringent standard operating procedures (SOPs) in over 500 shopping malls across the country that opened up and have successfully been able to implement social distancing guidelines…
  • From Wednesday, Mumbaiites can buy liquor from shops
    04 August 2020, Hindustantimes.com
    Four days after the state government eased some more restrictions in the ongoing lockdown, civic commissioner Iqbal Singh Chahal on Monday issued a circular permitting market complexes and shopping malls in the city to remain open between 9am and 7pm from Wednesday…
  • From Wednesday, Mumbaiites can buy liquor from shops
    04 August 2020, Hindustantimes.com
    Four days after the state government eased some more restrictions in the ongoing lockdown, civic commissioner Iqbal Singh Chahal on Monday issued a circular permitting market complexes and shopping malls in the city to remain open between 9am and 7pm from Wednesday. The Brihanmumbai Municipal Corporation (BMC) also scrapped the odd-even rule meant for shops selling non-essential, and permitted them to remain open on all days. The civic body, which earlier only permitted home delivery of liquor, allowed its over-the-counter sale from Wednesday…
  • Maharashtra malls set to open, owners expect Diwali to bring the spark back
    03 August 2020, Business-standard.com
    Phoenix, Inorbit, Infiniti, and Oberoi, which have malls across the city, said they have vigorous sanitization and social distancing measures in place to ensure they adhere to guidelinesAfter keeping doors of most Maharashtra malls shut for nearly five months, key mall operators are preparing to welcome guests on Wednesday. Malls in the financial capital began shutting down from mid-March as the state swung into action to curb the spread of the coronavirus…
  • Malls in Maharashtra to open on August 5: Will customers be keen to visit?
    02 August 2020, Moneycontrol.com
    Maharashtra has more than 75 malls, with almost 50 percent spread across Mumbai MMR, Thane, Kalyan, Navi Mumbai Dombivli, etc.After a gap of more than four months, the Maharashtra government has finally given a go-ahead to malls to restart operations from August 5. Allowing malls to open up has been one of the biggest demands from the retail industry.Maharashtra has more than 75 malls, with almost 50 percent spread across Mumbai MMR, Thane, Kalyan, Navi Mumbai Dombivli, etc.Similarly, Pune has more than 20 percent malls while the rest are spread across Amravati, Aurangabad, Kolhapur, Nasik, Nagpur, Aurangabad, etc…
  • In malls post Covid: Marshals to ensure social distancing, deep sanitisation at every step in Pune
    02 August 2020, Indianexpress.com
    For those visiting malls after Aug 5 reopening, an experience like never before.The Covid-19 pandemic has left no part of life untouched, and now it is set to change the experience of visiting malls for the near future. Deep sanitisation, thermal image cameras and deployment of marshals to ensure social distancing : these elements will be part of the new normal when malls reopen in Pune on August 5, after being shut for nearly five months.Crowd control, meanwhile, will be the key in keeping visitors and mall employees alike safe…
  • Unlock 3.0: Not opening multiplexes to impact millions of jobs, says industry body MAI
    31 July 2020, Hr.economictimes.indiatimes.com
    The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience. July 31, 2020, 11:07 IST New Delhi: The government’s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday. The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience…
  • Mission Begin Again: Mumbai malls put safety protocols in place ahead of reopening
    31 July 2020, Mumbaimirror.indiatimes.com
    As part of ‘Mission Begin Again’, the government allowed malls to open from August 5, from 9 am to 7 pm. as visible from these visuals from Phoenix Marketcity, Kurla. Mall owners have set up protocols based on global practices in sanitisation and social distancing measures. UV scanners for disinfecting handbags and shopping bags have also been installed. Food courts, bars and cinemas will remain closed…
  • Unlock 3.0: Not opening multiplexes to impact millions of jobs, says industry body MAI
    31 July 2020, Outlookindia.com
    The government”s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday.The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience.”We are extremely disappointed with the Unlock 3.0 announcement to keep cinemas under continued lockdown,” MAI Member Alok Tandon said…
  • Unlock 3.0: Not opening multiplexes to impact millions of jobs, says industry body MAI
    31 July 2020, Business-standard.com
    The government”s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday.The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience.”We are extremely disappointed with the Unlock 3.0 announcement to keep cinemas under continued lockdown,” MAI Member Alok Tandon said…
  • Unlock 3.0: Not opening multiplexes to impact millions of jobs, says industry body MAI
    31 July 2020, Financialexpress.com
    The government”s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday.The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience.”We are extremely disappointed with the Unlock 3.0 announcement to keep cinemas under continued lockdown,” MAI Member Alok Tandon said…
  • Unlock 3.0: Not opening multiplexes to impact millions of jobs, says industry body MAI
    31 July 2020, Devdiscourse.com
    The government”s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday.The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience.”We are extremely disappointed with the Unlock 3.0 announcement to keep cinemas under continued lockdown,” MAI Member Alok Tandon said…
  • Unlock 3.0: Not opening multiplexes to impact millions of jobs, says industry body MAI
    31 July 2020, Theweek.in
    The government”s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday.The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience.”We are extremely disappointed with the Unlock 3.0 announcement to keep cinemas under continued lockdown,” MAI Member Alok Tandon said…
  • Unlock 3.0: Not opening multiplexes to impact millions of jobs, says industry body MAI
    31 July 2020, M.dailyhunt.in
    The government”s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday.The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience.”We are extremely disappointed with the Unlock 3.0 announcement to keep cinemas under continued lockdown,” MAI Member Alok Tandon said…
  • Unlock 3.0: Not opening multiplexes to impact millions of jobs, says industry body MAI
    31 July 2020, In.news.yahoo.com
    The government’s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday. The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience. ‘We are extremely disappointed with the Unlock 3.0 announcement to keep cinemas under continued lockdown,’ MAI Member Alok Tandon said…
  • Malls hope to revive consumption story
    31 July 2020, Freepressjournal.in
    Promise strict implementation of SOP, social distancing and crowd management Cleaning staff spray disinfectant at the High Street Phoenix mall ahead of the reopening of malls while other restrictions are maintained against the spread of the COVID-19 , in Mumbai on July 30, 2020. BL Soni Mall operators have said that the Maharashtra government’s decision allowing reopening of malls from August 5 will give a much-needed boost to the retail industry. It will also help rekindle the consumption story…
  • Latest News | Unlock 3.0: Not Opening Multiplexes to Impact Millions of Jobs, Says Industry Body MAI
    31 July 2020, Latestly.com
    The government’s decision not to open multiplexes in Unlock 3.0 will impact millions of livelihoods dependent on the sector, industry body MAI said on Thursday. The Multiplex Association Of India (MAI) said the industry was thoroughly prepared with stringent standard operating procedures (SOPs) and guidelines to offer a safe movie watching experience. “We are extremely disappointed with the Unlock 3.0 announcement to keep cinemas under continued lockdown,” MAI Member Alok Tandon said…
  • Malls pin hopes on theatre reopening to bounce back to business
    29 July 2020, Livemint.com
    Occupying around 30% of the mall space, cinemas can bring in between 30% and 40% of footfalls with consumers quite often clubbing movie viewing with shopping and eating out. Shopping malls that were permitted to reopen in June after a prolonged covid-19 lockdown are looking at resumption of movie theatre operations next month as a way to bounce back to business.Occupying around 30% of the mall space, cinemas can bring in between 30% and 40% of footfalls in some cases, with consumers quite often clubbing movie viewing with shopping and eating out before or after that…
  • Mall industry will not be able to sustain if lockdown extends: Inorbit Mall CFO
    29 July 2020, Cfo.economictimes.indiatimes.com
    Any additional lockdown will make it difficult for small retailers and franchisees to sustain businesses, and that will result in substantial vacancies in malls and shopping centres, says Nitin Khanna, CFO of Inorbit. In the tussle between survival and sustenance reevaluating each cost is critical for CFOs. Khanna discusses with ETCFO, how some costs are for sustenance.The world’s strictest lockdown has left the most happening place – shopping malls empty and gloomy. The impact on the industry has also been similar…
  • Unlock 3 may turn out be a tough balancing act for central government
    28 July 2020, Livemint.co
    Keeping a lid on cases while reopening a crippled economy key task for govt Various industry groups have asked the government to ease restrictions further, subject to safeguardsThe conflicting objectives of stemming a surge in coronavirus cases and the urgency to reopen a crippled economy are posing a major policy challenge to the Narendra Modi government, which is preparing to lift the remaining curbs on economic activities from 1 August…
  • Long road to recovery
    27 July 2020, businessindia.co
    On 14 March, Uttar Pradesh’s capital Lucknow would have notched the distinction of adding a large sized mall (over one million sq. ft.) to its landscape. Very few non-metro cities in India can boast of a single unit mall of this size (a benchmark figure) which is considered to be a signpost of the typical metro (like Mumbai and Delhi) thanks to its intrinsic strength of drawing significantly higher footfalls of consumers with high, disposable incomes…
  • Mission Begin Again: Malls and gym to have a new experience; The State Government to permit these places to revive soon
    25 July 2020, Newswithchai.com
    Mumbai: Setting foot inside a shopping center or a gym is planning to be a new experience for people once the state government permits these places to revive.No swarming and social distancing will be the new normal. The state government and administrators of gyms and shopping centers have exchanged Standard Operating Procedures to be taken after once these foundations are useful. After these are concluded, the government is anticipated to issue rules beneath Mission Begin Again…
  • “50 लाख लोगों की नौकरियां बचाने के लिए फिर से मॉल्स खोले महाराष्ट्र सरकार”
    24 July 2020, Khabar.ndtv.com
    शॉपिंग सेंटर एसोसिएशन ऑफ इंडिया (SCAI) ने राज्य की उद्धव ठाकरे सरकार को पत्र लिखा है.SCAI के अनुसार, महाराष्ट्र में राज्य भर में 75 से अधिक मॉल हैं. उनमें से लगभग 50% मुंबई महानगरीय क्षेत्र में हैं, (प्रतीकात्मक तस्वीर)कोरोनावायरस लॉकडाउन के बाद से बंद बड़े महाराष्ट्र के मॉल्स को फिर से खोलने के लिए शॉपिंग सेंटर एसोसिएशन ऑफ इंडिया (SCAI) ने राज्य की उद्धव ठाकरे सरकार को पत्र लिखा है. एससीआईए ने राज्य के पर्यटन मंत्री आदित्य ठाकरे को लिखे अपने पत्र में अपील की है कि लगभग 50 लाख लोगों की नौकरियों को बचाने के लिए सरकार को राज्य…
  • Reopen Malls To Save 50 Lakh Jobs: Shopping Centres Body To Maharashtra
    24 July 2020, Ndtv.com
    Shopping Centres Association Of India has urged the Maharashtra government to let malls reopen with strict Covid safety measures in place even as state reports more than 9,000 new coronavirus cases.Coronavirus: Maharashtra reported more than 9,000 new COVID-19 cases today, highest in the country.In a desperate attempt to save jobs of around 50 lakh people, the Shopping Centres Association Of India (SCAI) has written to Maharashtra Tourism Minister Aaditya Thackeray to reopen malls which have remained shut since March because of the coronavirus pandemic…
  • Mission Begin Again: Six-pack SOPs soon for gyms
    24 July 2020, M.dailyhunt.in
    Mumbai: Setting foot inside a mall or a gym is going to be an altogether new experience for patrons once the state government allows these places to reopen. No crowding and social distancing will be the new normal. The state government and operators of gyms and malls have exchanged Standard Operating Procedures to be followed once these establishments are functional. After these are finalised, the government is expected to issue guidelines under Mission Begin Again.Public Health Minister Rajesh Tope has said the government was mulling the reopening of gyms and malls by adhering to social distancing and other norms…
  • 4 months of Maha lockdown: State government lost Rs.55,000 crore in tax revenue
    23 July 2020, Hindustantimes.com
    The four months of lockdown cost the state exchequer Rs.55,000 crore in tax revenue against the budget estimates.Although there are no estimates available for the economic losses and how it will affect the state GDP, manufacturing, services, real estate and hospitality are the worst-hit sectors, according to government officials and industry insiders. After starting a partial shutdown from March 14, the Maharashtra government imposed a complete lockdown across the state from March 23. By then almost all commercial-industrial activities had come to a halt, as shops, establishments and offices were shut down and local train services were stopped…
  • Mission Begin Again: Six-pack SOPs soon for gyms
    23 July 2020, Freepressjournal.in
    Pixabay Mumbai: Setting foot inside a mall or a gym is going to be an altogether new experience for patrons once the state government allows these places to reopen.No crowding and social distancing will be the new normal. The state government and operators of gyms and malls have exchanged Standard Operating Procedures to be followed once these establishments are functional. After these are finalised, the government is expected to issue guidelines under Mission Begin Again…
  • Amazon Prime Day sale in India is a little late this year but just in time for the festive season
    22 July 2020, Businessinsider.in
    Amazon US has confirmed that the Prime Day sale has been delayed until later this year, making India the first country to host the sale – deviating from their usual strategy of holding the sale on the same days all over the world. “This year we’ll be holding Prime Day later than usual, while ensuring the safety of our employees and supporting our customers and selling partners. We are excited Prime members in India will see savings on August 6-7, and that members all around the world will experience Prime Day later this year…
  • How are Malls and Retailers prepping for the Post-lockdown World: Manoj K. Agarwal
    21 July 2020, Everythingexperiential.businessworld.in
    To ensure social distancing, the management has even made new rules for visitors and will see to it that they are strictly followed writes Manoj K. Agarwal, CEO, 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…
  • Reasonable demand has returned in Malls that we have opened: Rashmi Sen, Phoenix Mills
    21 July 2020, Web.dailyhunt.in
    Rashmi Sen, Group COO, The Phoenix Mills, talks about the demand and purchasing scenario in the malls and expected time by which malls in Maharashtra will be opened during a candid chat with Swati Khandelwal, Zee Business. Edited Excerpts:Q: Tell us about the kind of demand that you are seeing after the reopening of the mall and are people reaching malls in the same strength and purchasing from malls or there is some reluctance in buying…
  • Reasonable demand has returned in Malls that we have opened: Rashmi Sen, Phoenix Mills
    21 July 2020, Zeebiz.com
    Rashmi Sen, Group COO, The Phoenix Mills, talks about the demand and purchasing scenario in the malls and expected time by which malls in Maharashtra will be opened during a candid chat with Swati Khandelwal, Zee Business. Edited Excerpts:Q: Tell us about the kind of demand that you are seeing after the reopening of the mall and are people reaching malls in the same strength and purchasing from malls or there is some reluctance in buying…
  • Malls petition Maharashtra government, say they should be allowed to reopen
    21 July 2020, Hindustantimes.com
    Promising to keep numbers under control and enforce social distancing, mall owners have approached the Maharashtra government, asking that they be allowed to reopen their establishments. Malls, along with theatres, schools, event halls and other places of indoor public gathering, have been shut for going on four months, amid the Covid-19 pandemic…
  • Lockdown of shopping malls in Maharashtra will prove to be death knell for industry: SCAI
    20 July 2020, Indiaretailing.com
    The Shopping Centres Association of India (SCAI) has written to Maharashtra Tourism Minister Aaditya Thackeray urging him and the State Government to take concrete steps in the urgent opening of malls in the state. Maharashtra has more than 75 malls across the state, with almost 50% spread across Mumbai MMR, Thane, Kalyan, Navi Mumbai Dombivali, etc. Similarly, Pune has more than 20 percent malls while the rest are spread across Amravati, Aurangabad, Kolhapur, Nasik, Nagpur, Aurangabad, etc. The lockdown has also put plans of more than 30 malls on hold which are presently under construction…
  • Employment cuts from august shopping center operators warn Maharashtra government
    21 July 2020, Loksatta.com
    राज्यातील मॉल सुरू करण्याची तातडीने परवानगी देण्यासाठी ठोस पावले उचलावीत, अशी विनंती करतानाच महाराष्ट्रातील शॉपिंग सेंटर चालकांचे संघटन करणाऱ्या व्यासपीठाने त्वरित मॉल सुरू न झाल्यास ऑगस्टपासून कर्मचारी कपात सुरू होईल, असा इशारा दिला आहे..
  • Maharashtra lockdown | 5 million retail jobs at stake: Shopping Centres Association
    21 July 2020, Moneycontrol.com
    The lockdown has also put plans of more than 30 malls on hold, which are currently under construction.The Shopping Centres Association of India (SCAI) has written to Maharashtra Tourism Minister Aaditya Thackeray urging him and the state government to take concrete steps to urgently open malls in the state.Maharashtra has more than 75 malls across the state, with almost 50 percent spread across Mumbai Metropolitan Region (MMR), Thane, Kalyan, Navi Mumbai, Dombivli, etc. Similarly, Pune has more than 20 percent malls while the rest are spread across Amravati, Aurangabad, Kolhapur, Nashik, Nagpur, Aurangabad, etc…
  • Business Briefs 2
    21 July 2020, In.finance.yahoo.com
    Shopping Centres Association of India urges Maha gov to open malls * The Shopping Centres Association of India has written to Maharashtra Tourism Minister Aditya Thackeray urging the government to open malls in the state…
  • Malls petition Maharashtra government, say they should be allowed to reopen
    21 July 2020, Hindustantimes.com
    Promising to keep numbers under control and enforce social distancing, mall owners have approached the Maharashtra government, asking that they be allowed to reopen their establishments. Malls, along with theatres, schools, event halls and other places of indoor public gathering, have been shut for going on four months, amid the Covid-19 pandemic. “Our industry has suffered estimated losses of over Rs 100,000 crore so far, and it is time to reopen,” said Amitabh Taneja, chairperson of the Shopping Centres Association of India (SCAI)…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Retail.economictimes.indiatimes.com
    In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon.Mumbai : Warning of heavy job-losses by August, the Shopping Centres Association of India ( SCAI ) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state…
  • Maharashtra lockdown death knell for shopping malls: SCAI
    20 July 2020, Deccanherald.com
    The Shopping Centres Association of India (SCAI) has urged the Maharashtra government to take concrete steps for urgent opening of malls in the state, which have been shut in the wake of lockdown to curb the spread of Covid-19.Maharashtra has more than 75 malls across the state, with almost 50 percent in the Mumbai metropolitan region. Similarly, Pune has more than 20 percent malls while the rest are spread across Amravati, Aurangabad, Kolhapur, Nasik, Nagpur, Aurangabad…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Bhaskarlive.in
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Thehawk.in
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Vishvatimes.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, GetNewsd
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Gulf-times.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Malls in Mumbai urge state government to resume operations
    20 July 2020, Cnbctv18.com
    While the state government is skeptical in giving a go-ahead due to rising COVID-19 cases, malls are pushing hard to reassure that they are safe enough to re-openWhile the unlock phases announced by the government now see a majority of economic activities coming back to operational pace, malls across Mumbai are still refrained from restarting the operations.With no relief in the rising number of COVID-19 cases across Maharashtra, the state government is still skeptical over taking a positive decision on the re-opening of shopping malls…
  • Maharashtra lockdown death knell for shopping malls: SCAI
    20 July 2020, Deccanherald.com
    The Shopping Centres Association of India (SCAI) has urged the Maharashtra government to take concrete steps for urgent opening of malls in the state, which have been shut in the wake of lockdown to curb the spread of Covid-19…
  • Maharashtra lockdown death knell for shopping malls: SCAI
    20 July 2020, English.lokmat.com
    The Shopping Centres Association of India (SCAI) has urged the Maharashtra government to take concrete steps for urgent opening of malls in the state, which have been shut in the wake of lockdown to curb the spread of Covid-19…
  • 50 lakhs jobs could be hit if malls don’t reopen soon in Mahrashtra: SCAI writes to Aaditya Thackeray
    20 July 2020, Mumbaimirror.indiatimes.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • With 5 mn jobs at stake, a pall of gloom descends on malls
    20 July 2020, Freepressjournal.in
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • 5-million retail jobs at stake if malls don’t open soon
    20 July 2020, Tfipost.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • 5-million retail jobs at stake if malls don’t open soon
    20 July 2020, Ommcomnews.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Prokerala.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Ianslive.in
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, English.lokmat.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Daijiworld.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Punjabnewsexpress.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, News.webindia123.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Netindia123.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Newkerala.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Socialnews.xyz
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Newsd.in
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Heavy job losses if malls don’t reopen soon in Maha: SCAI
    20 July 2020, Sify.com
    Warning of heavy job-losses by August, the Shopping Centres Association of India (SCAI) has urged the Maharashtra government on Sunday to urgently consider reopening the malls in the state. In a memorandum to Tourism Minister Aditya Thackeray, the SCAI said at least five million (50 lakhs) jobs could be hit if the malls – shut since nearly mid-March due to the Covid-19 pandemic – are not reopened soon…
  • Retailers association urges State to take steps to reopen malls
    19 July 2020, Thehindu.com
    The Shopping Centres Association of India (SCAI) has urged the Maharashtra government to take concrete steps for urgent reopening of malls in the State. In a letter to State Tourism Minister Aaditya Thackeray, SCAI said five million people involved in modern retail would suffer if the State delays the reopening of malls any further. Maharashtra has over 75 malls with 50% in Mumbai, Thane, Kalyan, Navi Mumbai and Dombivli. Pune has over 20%, while the rest are in Amravati, Aurangabad, Kolhapur, Nasik and Nagpur…
  • With 5 mn jobs at stake, a pall of gloom descends on malls
    18 July 2020, Freepressjournal.in
    SCAI urges Aaditya Thackeray and state govt to take steps to open shopping complexes and revive economy File Photo The Shopping Centres Association of India (SCAI) has written to the Maharashtra Tourism Minister Aaditya Thackeray urging him and the state government to take concrete steps in the urgent opening of malls in the state. Maharashtra has more than 75 malls across the state, with almost 50 per cent spread across Mumbai Metropolitan Region, Thane, Kalyan, Navi Mumbai Dombivali, etc. Similarly, Pune has more than 20% malls while the rest are spread across Amravati, Aurangabad, Kolhapur, Nasik, Nagpur, Aurangabad, etc…
  • Firms say local curbs are affecting gains
    15 July 2020, Livemint.com
    A new wave of the city- and state-level lockdowns to curb the spread of COVID-19 could reverse the gains made in June, executives at consumer companies said.On Tuesday, Bihar announced a total lockdown from 16 to 31 July. Bengaluru went into a lockdown late Tuesday evening till 22 July. In Maharashtra, local civic bodies have extended lockdown restrictions in Pune, Pimpri-Chinchwad, Aurangabad, Solapur, Thane, Kalyan-Dombivali, Bhiwandi-Nizampur and Navi Mumbai. In Uttar Pradesh, offices and markets will be shut on weekends, at least for the rest of July…
  • CKD hospital opd opens for patients
    14 July 2020, Tribuneindia.com
    Amritsar: Bureau Veritas, an international certification organization, has declared Mall of Amritsar to be ‘Safe and Secure’ after an extensive audit. Col Mandeep Singh, centre director of the mall claimed the mall was found to be complying with maximized hygiene standards to ensure the health and well-being of its customers, retailers, and staff. The audit was conducted on the standard operating procedure, which had been circulated by the Shopping Centres Association of India…
  • Malls and multiplexes can’t wait to reopen doors
    13 July 2020, Timesofindia.indiatimes.com
    Chennai: It is going to be almost four months since malls and multiplexes have been shut in Tamil Nadu. The problem is — they are open elsewhere, including Delhi, that is facing a bigger scare from corona, and Bengaluru, where the COVID numbers are steadily on the rise. The Tamil Nadu government has been relaxing norms for industries and standalone retail showrooms but has stopped short of shopping malls. Mall developers, already forced to waive off rents for the lockdown period and further discounts staring at them when they open, are knocking at the doors of the state government…
  • Growel’s 1O1 Mall aligning to the new normal
    10 July 2020, Indiaretailing.com
    Shopping Centre News Bureau, Sachin Dhanawade, Chief Operating Officer, Retail & Real Estate, Grauer & Weil (India) Limited, which operates Growel’s 1O1 Mall, spoke about shopping centres in COVID-19 times, while elaborating on the measures taken by the mall to make it customer-safe post the lockdown period…
  • Mall Owners count days to count footfall again
    09 July 2020, Hindustantimes.com
    The wait to reopen malls continues in the city as “Unlock 2.0” does not bring any relief to its owners. Mall owners have kept standard operating procedures (SOP) ready and have already made a representation to authorities under the aegis of Retailers Association of India (RAI) and Shopping Centres Association of India (SCAI)…
  • Opinion | Of small towns, big cities and hopes of an economic revival
    09 July 2020, Livemint.com
    In Lucknow, stalls selling street food are bustling with customers. People are eating out more at these stalls than at restaurants, probably preferring the open-air environment to air-conditioned spaces. There are reports of a similar trend in Patna, where people still congregate on roadsides, chilling and chatting. Often without masks. In Bareilly, too, the atmosphere is far more relaxed. Of course, shops in different markets are allowed to open on alternate days, so the crowds are not thick. Except in Kirana stores that are packed. Again, masks are not as common as they are in, say, Mumbai or Delhi. From all accounts, the panic and fear induced by COVID-19 in the metros seem to be missing in smaller cities, even though Lucknow and Patna are state capitals…
  • Mall owners in Pune looking forward to resume business
    08 July 2020, Hindustantimes.com
    Pune: The wait to reopen malls continues in the city as “Unlock 2.0” does not bring any relief to its owners. Mall owners have kept standard operating procedures (SOP) ready and have already made a representation to authorities under the aegis of the Retailers Association of India (RAI) and Shopping Centres Association of India (SCAI). “We believe malls are far better placed to enforce SOPs, ensure crowd control and social distancing compared to other establishments that have resumed business. We have reassured the state government of support from the industry to operate in a safe and hygienic environment,” said Amitabh Taneja…
  • Shopping in the era of pandemic: Shopping Mall vs High Streets, who has the upper hand?
    07 July 2020, Financialexpress.com
    The industry requires a long term relief plan from the government to revive from the current situation which is the second biggest contributor to the country’s GPD. Currently, strict measures are taken to curtail the spread of the virus…
  • 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…