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  • Businesses returning to normalcy: It’s yesterday once more for consumers as Covid fades
    24 Feb 2022,financialexpress.com
    Restaurant chains with a pan-India footprint are seeking easing of restrictions so that the industry can recover fully at a faster pace. They are also seeking restoration of input tax credit on GST immediately as that is seen as an obstacle to faster recovery…
  • Shopping centres, malls request Delhi government to allow operations beyond 8 pm
    23 Feb 2022,newindianexpress.com
    Shopping centres and malls have requested the Delhi government to ease restrictions and allow operations of malls beyond 8 pm, citing falling number of Covid-19 cases…
  • Shopping centres, malls request govt to allow ops beyond 8 pm; DDMA likely to meet on Fri
    23 Feb 2022,millenniumpost.in
    New Delhi: Shopping centres and malls have requested the Delhi government to ease restrictions and allow operations of malls beyond 8 pm, citing falling number of COVID-19 cases…
  • Delhi News: DDMA meeting to be held on February 25
    23 Feb 2022,timesofindia.indiatimes.com
    Delhi Disaster Management Authority (DDMA) meeting to be held on February 25. Further relaxations in Covid restrictions in the capital in wake of a drop in cases likely to be taken up. Stay tuned to TOI for all latest updates…
  • Shopping centres, malls request Delhi government to allow operations beyond 8 pm
    23 Feb 2022,retail.economictimes.indiatimes.com
    In a letter to Delhi Chief Minister Arvind Kejriwal, the Shopping Centres Association of India (SCAI) also assured him that it will take all precautions and adhere to the directives issued by the authorities…
  • Mall developers, operators approach Maharashtra CM seeking shoppers’ entry rule relaxation
    19 Feb 2022,economictimes.indiatimes.com
    Retail mall developers and operators have reached out to the Chief Minister of Maharashtra Uddhav Thackeray seeking relaxation in the rule that mandates that only fully vaccinated people will be allowed entry inside shopping malls…
  • The key trends that will drive retail and e-commerce growth this year
    19 Feb 2022,financialexpress.com
    E-commerce and retail players are experimenting with various kinds of engagement models…
  • Rural B2B e-commerce platform ElasticRun raises $330 million to expand across India
    19 Feb 2022,ruralmarketing.in
    The investment will help ElasticRun to expand its rural reach and enable over a million kirana stores to conveniently access big consumer and food brands through its e-commerce platform…
  • Quess CFO says retail, telecom jobs to pick up strongly; aims 20% growth for FY23
    19 Feb 2022,cfo.economictimes.indiatimes.com
    Quess is banking on the revival in the retail and telecom sectors as well as on a continued resurgence in the BFSI and the e-commerce sectors, says its CFO Ravi Vishwanath…
  • @Home Introduces Arias, A Premium Home Décor Collection By Lara Dutta
    19 Feb 2022,cfo.economictimes.indiatimes.com
    New Delhi: @home, a retail division of Nilkamal Ltd and leading Bollywood actress Lara Dutta have come together to bring alive an exclusive range of home décor collections – Arias. Curated by Lara Dutta, Arias is a premium home decor brand with multiple offerings across dining, bedding, living and bath categories…
  • Bazar India Partners with Columbus to Offer Athletic Footwear Across India
    19 Feb 2022,indianretailer.com
    This collaboration will enable Bazar India to focus on its core business while leveraging the strength of Columbus’ powerful footwear range on a worldwide/global scale…
  • Lenders allow FRL to pay $14 million interest to foreign bondholders
    19 Feb 2022,retail.economictimes.indiatimes.com
    At the meeting, Biyani also assured lenders that Future would win the legal battle against Amazon over the sale by March-end, said the people cited above. The company didn’t respond to ET’s queries…
  • Covid effect: Indian consumers now more conscious of health, fitness and holistic nutrition, says EY survey
    19 Feb 2022,retail.economictimes.indiatimes.com
    “While some see this as a short-term phenomenon, we expect this phase to catalyse a larger acceleration in the propensity towards personal health, hygiene, fitness and holistic nutrition,” EY India National Leader – Consumer Product & Retail Sector Angshuman Bhattacharya said in a statement…
  • India-UAE Free Trade Agreement to boost gold jewellery exports from India: Malabar Gold MD
    19 Feb 2022,retail.economictimes.indiatimes.com
    “The proposed FTA will pave the way for making India the OEM manufacturing base for global brands. At present, Singapore is the OEM for many jewellery products in the UAE,” Shamlal Ahamed, MD, international operations of Malabar Gold & Diamonds said…
  • Durex becomes second-largest condom brand in India: Reckitt
    19 Feb 2022,livemint.com
    In FY21, the maker of Lysol disinfectant and Dettol anitiseptic, said that its intimate wellness portfolio delivered strong mid-teens growth in both 2021 and on a two-year stack, led by its flagship brands of Durex and K-Y, an intimate lubricants brand. (The Durex and Kohinoor trademarks will however continue to be owned by Reckitt Benckiser through its acquisition of SSL International in November 2010 and won’t form part of the deal…
  • Will malls collect fee for using lifts: HC
    29 Jan 2022, indiatimes.com
    Kochi: The high court on Friday asked whether malls would begin collecting fees from customers for using their lifts citing the reason that a service is being provided…
  • ‘Shopping malls collecting parking fees is prima facie illegal’: Kerala High Court
    29 Jan 2022, newindianexpress.com
    KOCHI: The Kerala High Court on Friday, January 28, 2022, observed that the collection of parking fees from customers by shopping malls is prima facie illegal. The bench added that if this was permitted, they will also collect fees for providing lift service to their customers…
  • Abhishek Tapadia: Chasing Dreams
    29 Jan 2022, deccanherald.com
    It is one thing to dream and another to have the discipline and dedication towards achieving it. It gets easier when you see someone in your surroundings doing the same. You don’t shy away from dreaming big, as it feels achievable. But it is best when that person is your parent. Because then it becomes a lifestyle. As kids don’t learn what you keep telling them, they learn from what they see you doing…
  • Budget 2022: Retail sector seeks relief measures, steps to boost consumption
    28 Jan 2022, moneycontrol.com
    The beleaguered retail industry expects a slew of relief measures to help it tide over challenging times as it struggles with footfalls and low sales again, amid the third wave of the Covid pandemic. Additionally, the industry is also looking forward to announcements around a National Retail Policy, restructuring of GST formalities and initiatives to boost consumption in the upcoming union budget…
  • Revival plans of eateries hit a wall
    28 Jan 2022, moneycontrol.com
    Thiruvananthapuram: The third wave of the pandemic has spoiled the revival plans of shops and commercial establishments in the city. As the district has been listed under ‘C’ category, shoppers and patrons have been staying away, hurting the businesses which were slowly getting back into shape…
  • Blackstone sets up $900 mn India logistics platform ‘Horizon Industrial Parks

    28 Jan 2022, livemint.com
    Bengaluru: Global asset manager Blackstone Group Lp has set up a logistics vertical ‘Horizon Industrial Parks’ in India that will house its existing assets, and which will be scaled up through acquisitions and greenfield developments…
  • Lenskart Launches 73 Retail Stores Across 46 Cities
    28 Jan 2022, indianretailer.com
    Lenskart aims to set up a total of 400 stores in the FY 2022, 73 stores launched was predominantly in Tamil Nadu -17 stores, 10 in Karnataka, and 6 each in Telangana and Kerala among others…
  • Aeronot – A new perfume house in town
    28 Jan 2022, hindustantimes.com
    Each fragrance at Aeronot is built around a story, a theme, a memory, or an emotion captured and thus one of our tagline, ‘Created with emotions and memories.A new fragrance house is already the talk of the town. Introducing Aeronot, a perfume house with a brand name kept out of the founder’s shared love for aviation. The company established in Gurgaon, has a collection of four niche fragrances with a very bold and vibrant story/theme attached to each scent to help customers visualize the experience of wearing the fragrances…
  • Traditional trade share in grocery retail to fall 20% in next 5 years: McKinsey
    28 Jan 2022, livemint.com
    As India’s grocery retail market expands, the share of traditional trade will decline, a new report said, with modern trade formats and pure-play online sales capturing a bigger share by 2025…
  • Manish Malhotra eyes global expansion of stores after Reliance investment
    28 Jan 2022,business-standard.com
    Manish Malhotra, stylist to some of Bollywood’s biggest stars in the last three decades, is planning to more than double his chain of stores as well as open his first overseas shop, months after Asia’s richest man bought into his eponymous fashion house…
  • What retailers want from Union Budget 2022?
    28 Jan 2022,indiatimes.com
    ​The impact of the pandemic on the income of the people has been huge. To stimulate demand, it is important that money is increased in the hands of people and products remain affordable,” said Sanjeev Agrawal, Chairman and Development Licensee, McDonald’s India – North and East…
  • The anti-sustainability Black Friday sales: Where are India’s Patagonias?
    28 Jan 2022,forbesindia.com
    ​With every passing season, the global fashion industry propagates a frenzied pace of change in trends, feeding on consumers’ insecurities, deliberately making them feel off-trend and out of fashion. The fashion cycle has now shifted from the traditional spring/summer and autumn/winter collections to over 50 new micro seasons. Global clothing production doubled between 2000-2015, while the number of times an item was worn before being disposed of declined by 36 percent…
  • Deciphering Aditya Birla Fashion’s growth plans
    28 Jan 2022,indiatimes.com
    Aditya Birla Fashion and Retail Limited (ABFRL) has a portfolio of leading power brands such as Allen Solly, Van Heusen, Louis Philippe and Peter England, along with Pantaloons, which is the core strength of the fashion retailer. ABFRL has 3,264 stores across 26,841 multi-brand outlets with 7,094+ points of sale in stores across India (as on September 30, 2021). Lately, ABFRL has gained a lot of limelight because of its recent business…
  • Raymond gains after robust Q3 results
    28 Jan 2022,business-standard.com
    Raymond rose 1.88% to Rs 798.65 after the company’s consolidated net profit surged 362.33% to Rs 100.28 crore on 48.25% increase in revenue from operations to Rs 1,843.39 crore in Q3 December 2021 over Q3 December 2020…
  • Arvind Q3 Results: Net profit jumps over four-fold to Rs 94 cr
    28 Jan 2022,indiatimes.com
    New Delhi: Leading textile manufacturer Arvind Ltd on Thursday reported an over four-fold increase in consolidated net profit at Rs 94.34 crore for the third quarter ended December 2021, led by volume growth across segments. The company had posted a net profit of Rs 22.44 crore during the October-December period of the previous fiscal, Arvind said in a regulatory filing…
  • Restaurants, retailers welcome move to lift restrictions in Delhi
    28 Jan 2022,livemint.com
    The Delhi Disaster Management Authority’s (DDMA) decision to ease restrictions was welcomed by shop-owners, mall developers, and restaurant owners as the capital rescinded weekend curfews and allowed restaurants and cinemas to operate at 50% capacity after weeks of closures…
  • Relief lights up mood at multiplexes, malls
    28 Jan 2022,indiatimes.com
    New Delhi: After eagerly waiting for the DDMA decision to reopen theatres employees of multiplexes and single screens hope that they won’t have to wait any longer to be .As the news finally came in, Multiplex Association of India (MAI) expressed its gratitude to the Delhi government for listening to the Indian film industry’s collective call to allow reopening of theatres…
  • Ready To Cook Food Market Is Expected to Boom:MTR Foods, Gits Food
    28 Jan 2022,constructionnewsportal.com
    A2Z Market Research published new research on Global Ready To Cook Food covering micro level of analysis by competitors and key business segments (2022-2029). The Global Ready To Cook Food explores comprehensive study on various segments like opportunities, size, development, innovation, sales and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists both qualitative and quantitative detailing…
  • Good News! Maharashtra Cabinet approves sale of wine in supermarkets, walk-in stores

    28 Jan 2022,freepressjournal.in
    Mumbai: Tipplers can now buy their wine from any supermarket or walk-in store in Maharashtra, and will not have to go exclusively to liquor shops for the same. The state cabinet headed by Chief Minister Uddhav Thackeray on Thursday approved the sale of wine in supermarkets or walk-in stores. Currently, wine is produced in the state from fruits, flowers and honey. Wineries will now be able to market their wines by selling them directly in supermarkets or in walk-in stores in a shelf-in-shop manner. The decision is expected to benefit small wineries and alternatively, farmers in the state…

  • Gurgaon: Shopping Malls, Markets to be Open till 7pm in Delhi’s Neighbourhood. Read Details
    27 Jan 2022, news18.com
    The Haryana government on Wednesday extended Covid-related restrictions in the state till February 10, but allowed malls and markets to remain open till 7 pm, extending the relaxation by one hour. Initially, various restrictions imposed by the January 5 order in some districts, which had witnessed a big spike in cases, were imposed in all districts, the Haryana State Disaster Management Authority (HSDMA) had said in an earlier order issued on January 13…
  • In a big-ticket land deal, Elan Group acquires 40-acre land in Gurgaon
    27 Jan 2022, livemint.com
    This land parcel, located on Dwarka Expressway, will help Gurgaon-based Elan Group make an entry into the housing segment with the total development potential of around 5 million square feet…
  • Lingerie Market Poised to Create New Opportunity of over US$ 93.1 Bn through 2031
    27 Jan 2022, livemint.com
    Lingerie Market is estimated to expand at a CAGR of 8.5% during the forecast period, North America is expected to register the highest CAGR in the future…
  • Future Retail moves Supreme Court on lenders’ insolvency notice
    27 Jan 2022, indiatimes.com
    NEW DELHI: Facing heat from banks for recovery of outstanding dues,Future Retail on Tuesday moved the seeking quashing of lenders’ letters threatening initiation of insolvency proceedings by citing its still alive, but mired in cross-country litigations initiated by multinational Amazon, deal with Reliance Retail for sale of assets for nearly Rs 25,000 crore…
  • Budget 2022: High time to accelerate and implement National Retail Trade Policy to streamline growth
    27 Jan 2022, firstpost.com
    The pandemic, ongoing for almost two years now has been extremely straining and challenging for economies across the globe with India being no different. The lockdown and restrictions imposed for brief periods, mandating limitations on retailing hours, movement of people, operational days, etc., have all resulted in retail establishment owners incurring heavy losses. While businesses were slowly recovering to pre-pandemic levels, the new variant and surge in cases have again slowed things down across business segments…
  • TCS announces Microsoft Cloud for Retail partnership
    27 Jan 2022, indiatimes.com
    Tata Consultancy Services NSE 2.09 % is expanding its collaboration with Microsoft Cloud to include the newly launched Microsoft Cloud for Retail India’s largest IT services firm will combine its retail domain experience and multi-horizon cloud transformation framework to help clients accelerate their growth and transformation journeys using the industry-specific Microsoft Cloud for Retail…
  • Pernod Ricard plans to set up its own branded retail outlets in India
    27 Jan 2022, business-standard.com
    Pernod Ricard is looking at opening its own branded retail outlets in India to showcase its range of spirits and bringing its popular branded bar outlets here. The world’s second largest wine and spirits company is exploring these options in order to gain direct access to customers…
  • Small cities, big opportunities: 5 small town businesses that are making noise across the country
    27 Jan 2022, yourstory.com
    On the occasion of Republic Day, SMBStory brings you stories of five large Made-in-India businesses and brands based out of small towns that are wooing customers across the country, and making the case for Atmanirbhar Bharat…
  • This woman entrepreneur is bringing organic clothes for Indian children, clocks 2,000 daily orders
    27 Jan 2022, yourstory.com
    Founded by Niharika Verma, Bengaluru-based Bonkids designs organic and merchandised clothes for children between two to 15 years old…
  • From vegicken curry to vegan mutton tikkas, mock meat players race to win Indian tastebuds
    27 Jan 2022,theprint.in
    New Delhi: There is only so much an aloo tikki burger or soya chaap can do for the average non-vegetarian Indian’s palate — even if they are desperate to stop consuming meat for ethical, environmental, or health reasons. However, culinary jugglery in laboratories has brought new hope in the form of plant-based mock meats that claim to offer the pleasures of flesh together with the moral high ground of veganism…
  • Lowering taxes, more R&D will stablise consumer electronics sector, say players
    27 Jan 2022,morungexpress.com
    New Delhi, January 25 (IANS): The government should consider lowering tax rate on consumer electronics and ensure a stable GST tax slab as this would encourage consumers to buy higher ASP (average selling point) products and stabilise the sector shaken by the pandemic, industry players said ahead of the Union Budget 2022-23…
  • Focus is on strengthening omnichannel retail strategy: Ahammed MP, Malabar Gold & Diamonds
    27 Jan 2022,exchange4media.com
    Malabar Gold and Diamonds launched 22 showrooms in January, and Ahammed MP, Chairman, Malabar Gold and Diamonds says that the retail major plans are to reach 750 showrooms by 2023. He adds that post pandemic, customers are open to experimentation and he is optimistic about the road ahead…
  • LoveStartsWithSelf says Melorra ahead of Valentine’s Day
    27 Jan 2022,apnnews.com
    Bengaluru : Melorra , India’s fastest growing lightweight D2C brand designing BIS hallmarked, affordable and trendy jewellery for everyday wear has unveiled its new Valentine’s Day campaign – #LoveStartsWithSelf. The campaign celebrates the beautiful journey of love and highlights how the independent and self-purchasing women of today are their own prince charming…
  • Budget 2022: Covid-hit theatre owners seek tax relief, capital support
    27 Jan 2022,moneycontrol.com
    Theatre owners, one of the hardest hit due to the Covid-19 outbreak that led to months of cinema closures, want the government to provide them tax relief and capital support in the upcoming budget…
  • History lessons and hidden gems on a walking tour around Esplanade
    27 Jan 2022,telegraphindia.com
    Dharmatala, or Esplanade, has many monikers. However, having been a busy commercial area that grew with the hold of the British in Raj-era Calcutta, it is also one of the city’s historic centres…
  • Multiplexes on the expansion spree
    27 Jan 2022,thehindubusinessline.com
    Despite the pandemic’s devastating impact on the film exhibition business, multiplex chains are on an expansion spree encouraged by the fast business recovery, strong patronage for big screen viewing and the industry’s long-term growth prospects…
  • For India’s mall operators, the pandemic pain is only beginning
    27 Jan 2022,economictimes.indiatimes.com
    ICRA Ratings revised down the rental forecast for mall operators in the current fiscal year to 70% of pre-Covid levels, compared to earlier estimates of up to 75% recovery, following staggered operating-hour and mobility curbs across the country in the aftermath of the Omicron wave. Rentals by mall operators are expected to decline by 20-25% in the fourth quarter compared to earlier estimates…
  • Rental income of malls may fall 24% in Q4 to around Rs 300 crore due: ICRA
    27 Jan 2022,indiatimes.com
    NEW DELHI: Rental income of 23 might decline 24 per cent to around Rs 300 crore during the January-March 2021 period as compared with the previous quarter due to the COVID-19 pandemic, according to rating agency ICRA. The estimate is based on the sample of 23 malls, covering 14.2 million square feet, across nine states, it said…
  • French sports retailer Decathlon names Barbara Martin Coppola as new group CEO
    27 Jan 2022,indiatimes.com
    PARIS: French sports retailer Decathlon Barbara Martin Coppola , a former executive at companies such as IKEA and Google, as its new global chief executive…
  • Metro unveils strategy through 2030
    27 Jan 2022,livemint.com
    Metro AG on Wednesday unveiled its strategic targets through 2030, saying it plans to focus on professional customers and expand its multichannel business model…
  • Budget: Indian mobile handset industry wants ecosystem for domestic manufacturin exports
    27 Jan 2022,livemint.com
    The mobile handset industry has seen a gradual movement towards higher priced smartphones, pushing up average selling price (ASP) to Rs 17,800, from Rs 14,600 a year ago. And more of an upward movement is expected this year too. India, the world’s second-largest handset market, is dominated by Chinese players such as Xiaomi, Vivo, Oppo & Realme, along with Samsung. There is scope for more as it still has some 350-400 million feature phone users who can be upgraded to smartphones. The local mobile phone assembly has picked up significantly, backed by the government’s production-linked incentive (PLI) scheme —with Apple and Samsung leading the fray. The industry wants an ecosystem to push exports and support the resurrection of home-bred brands…
  • Marks and Spencer India reports sharp decline in revenue in FY 2020-21
    26 Oct 2021, Livemint.com
    The company reported a net profit of Rs30.4 crore during FY 20-21, a 17% decrease from the previous financial year at Rs36.53 crore Listen to this article : British multinational retailer Marks and Spencer India Pvt Ltd reported a sharp fall in revenue in the financial year 2020-21. In its filing to the Registrar of Companies (RoC), Ministry of Corporate Affairs, the company said that its revenues were down by 77% since the last financial year at ₹ 91 crore…
  • Collaborative Innovation Between Shopping Centres and Retailers
    20 Oct 2021, Indiaretailing.com
    The primary focus of the roundtable discussion was to discuss the future of retail real estate as an asset class and to find the right mix, spreading risk, and building profitability, creating integrated retail spaces to capture 24*7 consumer activities and needs in the current situation.In an attempt to announce the return of normalcy to the real estate and retail sectors, IMAGES Group in association with Shopping Centres Association of India (SCAI), organised a roundtable titled ‘Collaborative Innovation Between Malls and Retailers’, at the inaugural session of ‘Shopping Centre Next 2021’…
  • Heading back to the cinemas? Here’s what you need to know
    19 Oct 2021, Timesofindia.indiatimes.com
    IST Movie buffs have been looking forward to going #BackToCinemas for a while now.And after a long wait of 18 months, Maharashtra’s movie theatres and auditoriums will finally restart functioning from October 22. The state government has issued standard operating procedures (SOPs) for the same, which include operations with 50 per cent staff, in accordance with strict safety and hygiene regulations, as per COVID-19 related guidelines…
  • How Durga Puja will help Bengal’s economy continue positive growth
    12 Oct 2021, Indiatoday.in
    As Durga Puja fervour sets in, the ‘Pujo-shopping’ spree has returned. And with that, Bengal is hoping for a strong comeback riding on the festive season. Idol-makers are yet to get relief as the number of orders have drastically shrunk due to Covid. (File photo of a Puja at Girish Bhawan in South Kolkata) With the decline in the Covid cases and upbeat market sentiment, the economy of Bengal is hoping for a strong comeback riding on the festive season. As Durga Puja fervour sets in, the ‘Pujo-shopping’ spree has returned…
  • How Durga Puja will help Bengal’s economy continue positive growth
    12 Oct 2021, Msn.com
    With the decline in the Covid cases and upbeat market sentiment, the economy of Bengal is hoping for a strong comeback riding on the festive season.As Durga Puja fervour sets in, the ‘Pujo-shopping’ spree has returned. A recent report by the British Council pegged the usual creative economy around Durga Puja at Rs 32,377 crore, which is about 2.78 per cent of the GDP. The 2020 festive season was hit hard by the pandemic and now the economy is looking forward to a revival. The aggregate demand in 2021-22 in the state has reached pre-Covid levels, as per an estimate…
  • How Durga Puja will help Bengal’s economy continue positive growth
    12 Oct 2021, Reportwire.in
    With the decline in the Covid cases and upbeat market sentiment, the economy of Bengal is hoping for a strong comeback riding on the festive season.As Durga Puja fervour sets in, the ‘Pujo-shopping’ spree has returned. A recent report by the British Council pegged the usual creative economy around Durga Puja at Rs 32,377 crore, which is about 2.78 per cent of the GDP. The 2020 festive season was hit hard by the pandemic and now the economy is looking forward to a revival. The aggregate demand in 2021-22 in the state has reached pre-Covid levels, as per an estimate…
  • How Durga Puja will help Bengal’s economy continue positive growth
    12 Oct 2021, M.dailyhunt.in
    With the decline in the Covid cases and upbeat market sentiment, the economy of Bengal is hoping for a strong comeback riding on the festive season.As Durga Puja fervour sets in, the ‘Pujo-shopping’ spree has returned. A recent report by the British Council pegged the usual creative economy around Durga Puja at Rs 32,377 crore, which is about 2.78 per cent of the GDP. The 2020 festive season was hit hard by the pandemic and now the economy is looking forward to a revival. The aggregate demand in 2021-22 in the state has reached pre-Covid levels, as per an estimate…
  • Bhumika Group completes Phase 1 of Urban Square
    10 Oct 2021, Theglobalrealty.com
    Comments Off on Bhumika Group completes Phase 1 of Urban SquareNEW DELHI: North India’s leading real estate developer Bhumika Group announced that it had completed phase 1 of its iconic Urban Square mall in Udaipur. Out of the total 1.8 million sq ft, around 1 million sq ft is ready for the fit outs.The mixed-use development has a mall positioned as “All Under One Roof” Mall and Multiplex with Retail, Lifestyle, Offices, 5 Star Hotel, a Food Court, Gaming Zone and many more entertainment options…
  • Maharashtra: As malls bounce back, small cities ripe for the picking
    09 Oct 2021, Retail.economictimes.indiatimes.com
    The mall segment, which has been battered for more than a year by the effects of the pandemic, is increasingly focusing on untapped, secondary markets across Maharashtra , as well as the rest of the country. The new addition, real estate consultant Anarock noted, was still significantly less that the 85 lakh square feet added in 2019, with most of the new additions being projects delayed or held back due to labour shortages and severe restrictions on retail — and the adverse economic climate — brought about by the pandemic…
  • Bhumika Group completes Phase 1 of Urban Square
    09 Oct 2021, Apnnews.com
    Udaipur : North India’s leading real estate developer Bhumika Group announced that it had completed phase 1 of its iconic Urban Square mall in Udaipur. Out of the total 1.8 million sq ft, around 1 million sq ft is ready for the fit outs. The mixed-use development has a mall positioned as “All Under One Roof” Mall and Multiplex with Retail, Lifestyle, Offices, 5 Star Hotel, a Food Court, Gaming Zone and many more entertainment options…
  • Road to recovery
    04 Oct 2021, Financialexpress.com
    Shopping malls expect footfalls to return this festive seasonAccording to Deloitte’s State of the Consumer tracker, 50% consumers in India prefer shopping online across most categoriesAccording to Deloitte’s State of the Consumer tracker, 50% consumers in India prefer shopping online across most categoriesShopping centres and malls in India had incurred losses to the tune of Rs 3,000 crore in April and May this year, when the second wave of the pandemic was raging, according to the Shopping Centres Association of India. With the vaccination drive gathering steam and restrictions being lifted in most states, shopping malls…
  • Fewer shoppers, more spending, no gallivanting: Mall shopping is all business in the Covid world
    28 Sep 2021, Forbesindia.com
    After 15 months of stop-and-start, luxury retail is beginning to pick up, but while shoppers trickle in, they are spending more, especially on gadgets and high-end items, which fly off the shelves in a jiffy Customers queue outside a Louis Vuitton store at DLF Emporio in New Delhi Image: Madhu Kapparath A ashna Pareek, a 23-year-old advertising professional from Mumbai, was recently on the verge of doing the usual—browsing the Zara website and ordering clothes—when she did an about turn…
  • Approaching festivals fail to end pandemic blues for Maharashtra shopping malls
    21 Sep 2021, Msn.com
    At a time when retailers across the country are enthused with the approach of the festive season, shopping malls in Maharashtra are not anticipatingmuch out of the event given the government curbs in the state. Most malls in the region are reporting footfalls in the range of 15-20 percent as compared to the pre-COVID times, and expect the festive season, too, will not bring a big turnaround if the restrictions on the entry of malls are not eased by the government…
  • Shopping malls all prepare for festive customers
    17 Sep 2021, Passionateinmarketing.com
    As on account of practically the whole business, shopping malls, shopping buildings, and the retail area was seriously affected by the pandemic and the lockdowns forced across the country. As per media reports, shopping malls have seen their incomes come around as much as half in FY2021. Retail plazas and shopping malls across India saw misfortunes adding up to nearly Rs 30,000 crore ($451 million) in April and May 2021 alone, when the second rush of COVID-19 was at its top, according to media reports…
  • Malls all geared up for festive shoppers, but will footfalls match expectations?
    15 Sep 2021, Adgully.com
    As in the case of almost the entire industry, malls, shopping complexes and the retail sector was severely impacted by the pandemic and the lockdowns imposed nationwide. According to media reports, malls have seen their revenues drop by as much as 50% in FY2021.Shopping centers and malls across India saw losses amounting to almost Rs 30,000 crore ($451 million) in April and May 2021 alone, when the second wave of COVID-19 was at its peak, as per media reports…
  • Inorbit Malls Bags 4 Top Honours At The Images Shopping Centre Awards 2021
    14 Sep 2021, Businessnewsthisweek.com
    Inorbit Malls Pvt. Ltd., India’s leading pioneer in mall culture, has picked up four honours at the 13th edition of the IMAGES Most Admired Shopping Centre this year, including being declared the ‘Most Admired Shopping Centre’ for 2021.Categories under which Inorbit Malls was awarded are:— IMAGES Most Admired Shopping Centre: Transformative Innovation— IMAGES Most Admired Shopping Centre: Marketing & Promotions West India – Inorbit Mall, Malad— IMAGES Most Admired Shopping Centre: CSR Initiatives Inorbit Mall Hyderabad— IMAGES Most Admired Shopping…
  • Safety on Priority
    07 Sep 2021, Indiaretailing.com
    With malls getting back on feet once again, across India, more than the footfalls or sales the team behind each shopping centre is more concerned about customer safety.They are observant of the ongoing norms and in preparation of the festive sales are gearing up to support the customer with best support.Catching up with the trendSalim Roopani, Centre Director, Elante Mall (Nexus Malls) mentioned that at Elante Mall they are following all the SOP’s laid down by SCAI and MHA…
  • Nexus Malls leads roster of India’s most innovative, successful shopping centres at IMAGES Shopping Centre Awards 2021
    03 Sep 2021, Indiaretailing.com
    Orion Mall,Inorbit Malls, South City Mall receive multiple honours, Select CityWalk adjudged Most Admired Shopping Centre by retailers—As the grand finale of Shopping Centres Next 2021, India’s largest shopping centre intelligence event, the IMAGES Shopping Centre Awards (ISCA) 2021 powered by Bestseller India recognised excellence in the country’s retail real estate industry last night. Shopping centres from across India were acknowledged for innovation and business performance in a glittering ceremony attended by India’s leading retail and mall development companies…
  • Real Estate’s Young Turks Of 2021
    01 Sep 2021, Realtyplusmag.com
    Realty+ 40 Under 40 inaugural edition this year listed the top real estate professionals for the year 2021 that are paving the path for change and innovation in the sector.As a young leader, since Uddhav established Bhumika Realty, it has attained many successes in a very short span of time. An offshoot of the Poddar Group of companies, which has diversified business interests spanning construction, warehousing, logistics, mining, textiles and manufacturing. Bhumika Realty is the real estate development arm of Bhumika Group…
  • Mumbai: Business bleak, malls plead for relief on two-shot rule
    27 Aug 2021, Mid-day.com
    Tight govt regulations have meant that even after reopening, not only is the footfall low, but only 20 per cent shops have opened Growel’s 101 mall at Kandivli on August 15. Pic/Satej Shinde Malls across the city that have been allowed to reopen are struggling on many fronts. On one hand, the footfall is dismal, while on the other they do not have enough employees that meet the government’s vaccination criteria. With business now shrinking to nearly one-fifth of what it was during pre-COVID days, they have appealed to authorities to relax the two-dose rule…
  • Kochi residents can get vaccinated in drive-through programme at Lulu Mall
    25 Aug 2021, Thenewsminute.com
    Lulu Mall in Kochi has organised a drive-in COVID-19 vaccination programme for those wanting to get vaccinated in the city. People can get the jab through the on-spot registration facility arranged in the mall. The three-day vaccination drive, which is being held from August 25 to August 27, is organised in association with MAJ Hospital in Edapally. A statement from Lulu Malls said that only Covishield will be administered at the drive. The mall has set up a drive-through facility via the parking lot, through which people can get vaccinated without having to step out of their vehicles…
  • Effective advertising and marketing tools for the retail and real estate industry
    25 Aug 2021, Agencyreporter.com
    Advertising and marketing are inevitable parts of any business across verticals, and yet extremely dynamic and topical. They are undoubtedly amongst the best ways to communicate with your existing as well as potential customers. Assisting in creating widespread awareness along with brand building is advertising’s primary role, while marketing tools are necessary for creating the preliminary grounds for any new product or service launched in the market. Backed by intense research and strategic planning, these activities are maneuvered tactically with distinct goals…
  • Bihar relaxes COVID-19 restrictions; malls, parks, religious spots allowed to reopen
    25 Aug 2021, Indiatvnews.com
    In a tweet, Bihar Chief Minister Nitish Kumar on Wednesday said the coronavirus situation in the state has been reviewed.Bihar relaxes COVID-19 restrictionsIn the wake of a decline in the number of daily COVID-19 cases, Bihar government has done away with restrictions imposed during the pandemic. In a tweet, Bihar Chief Minister Nitish Kumar on Wednesday said the coronavirus situation in the state has been reviewed. According to the chief minister’s tweet, all shops, shopping malls, organisations, parks and religious places will now be allowed to reopen and function normally…
  • More Group forays into retail sector with investment of Rs. 150 crore
    25 Aug 2021, Indiablooms.com
    Kolkata/IBNS: Kolkata-based Group has ventured into the retail sector with an initial investment of Rs. 150 crore. More Group has forayed into the retail business for apparels with the launch of SNV Shoppee, an organised value retail chain of stores. SNV Shoppee, functioning under newly-formed company Sanvie Pvt. Ltd, will be coming up with 75 shopping outlets across various states of the country. At present, there are 21 stores in West Bengal,17 in Uttar Pradesh, 14 in Odisha, five in Assam and 15 more in various parts of the country…
  • Heroes Without Capes: Watch As Select Citywalk Honors These Courageous Champions
    24 Aug 2021, Lbb.in
    Well, it’s true! Not all heroes wear capes. But what they all do have in common is their kindness, pure compassion and love for people in general. A few such heroes came to our rescue during an unprecedented crisis and truly went above and beyond in their attempt to help the community. From arranging food supplies to distributing ration kits, ensuring sanitization for all to also giving equal importance to everyone’s mental health, they became the #RealLifeHeroes the world needed…
  • “There’s nothing they can do to save themselves”: Shopping malls in India are in a tight spot
    24 Aug 2021, Qz.com
    By The second wave of Covid-19 has pushed India’s shopping malls into an abyss of financial hardships that will be hard for many such businesses to recover from. Shopping malls across India have remained shut or operated partially for most of the last 18 months. Now, even though they are permitted to reopen in some states, shoppers are not very keen on visiting these establishments as they prefer open-air areas to ensure Covid safety…
  • As Covid cases dip in Chandigarh, sales pick up this Rakshabandhan
    24 Aug 2021, Msn.com
    With Covid cases going down, the festival of Rakhshabandhan that remained a lacklustre affair in 2020, is showing signs of improvement this year with shopkeepers reporting nearly 50% jump in sales across city markets. Speaking about this, proprietor of Dewsun in Sector 11, Diwakar Sahoonja, said, “The situation has greatly improved this time, but it is still not along the lines of previous years. Rather than shop for sweets, people are opting for healthy items like juices with no added sugar.” …
  • Kolkata rushes to shop for Puja before third wave hits
    24 Aug 2021, Timesofindia.indiatimes.com
    It was a hectic Saturday for Mousumi Sen and her family. It was almost as if they were racing against time to wrap up Puja shopping in a day so that they wouldn’t have to venture out again, what with a probability of a third wave hanging overhead like the sword of Damocles. They visited two malls, Esplanade and Gariahat since the morning and even ate out. “We left home before 9 am to reach a mall by 10 am…
  • First of its Kind Paws & Collars Launches Pet Mall in Namma Bengaluru
    23 Aug 2021, thisweekindia.news
    Paws & Collars opened its first-ever pet mall in India – in HSR layout Offers premium services for pets and pet enthusiasts like pet grooming Bengaluru, August 23,2021 : Paws n Collars leader in pet health and nutrition, announced the launch of its first-of-its-kind on dedicated pet mall in India – in HSR layout. Paws n Collars offers premium services for pets and pet enthusiasts like pet grooming veterinary care, cafe and retail, all integrated facilities under one roof with top drawer food, treats, toys, grooming and wellness care. A promising extraordinary experience like never before in India…
  • COVID-19: Haryana govt extends restrictions till September 6
    21 Aug 2021, M.dailyhunt.in
    Haryana government on Sunday announced that it has extended COVID-induced restrictions till September 6 under ‘Surakshit Haryana’ campaign. According to the guidelines, restaurants, bars, gyms, spas shall now be allowed to open with 50% seating capacity. Besides, all shops and malls are allowed to open with social distancing norms. On August 9, the Haryana government had extended its guidelines till August 23, however the guidelines have been yet again pushed till September 6 now…
  • Pune: Govt guidelines on vaccinated staff, visitors hamper business as city malls see low footfall
    21 Aug 2021, Indianexpress.com
    After being closed for more than four months, malls in the state were allowed to open but only if they followed strict norms, such as presence of vaccinated staff and only allowing entry of vaccinated visitors.Weeks after they were finally allowed to reopen for business, malls in Pune have reported just a fraction of their normal business. Maharashtra government’s norms allowing only fully vaccinated individuals to enter malls has kept many regular shoppers away. Retail associations have now pinned their hopes on the pace of vaccination picking up in September, and their business gradually returning to normal…
  • Delhi lifts timing curbs on markets, malls, shops; can follow normal time from Monday
    21 Aug 2021, Theweek.in
    National capital logged in zero COVID death for the 2nd consecutive day on SaturdayWith Delhi recording the lowest ever number of COVID cases since April last year, the government has decided to ease the timing curbs that were in place to contain the infection. “In wake of decreasing cases, this restriction (on shop timings) will be removed starting Monday. Now the markets can open as per their normal time,” Chief Minister Arvind Kejriwal announced on Saturday.This has come as a huge relief for traders and businesses that have been reeling under the pandemic-induced lockdowns and restrictions…
  • Traders’ body asks DDMA to allow malls markets to operate till 10 pm
    21 Aug 2021, Theweek.in
    New Delhi, Aug 21 (PTI) The Chamber of Trade and Industry (CTI) on Saturday demanded that the closing time of malls and markets in the national capital should be extended from the present 8 pm to 10 pm.In its letter to the Delhi Disaster Management Authority (DDMA), the CTI said the permission to operate shops till 8 pm is proving to be insufficient for most of the retail markets, especially during the festive season…
  • TMC makes double Covid-19 vaccination compulsory for staff working at malls
    21 Aug 2021, Timesofindia.indiatimes.com
    THANE: The Thane Municipal Corporation TMC ), mid-week, issued a notification in line with the state guidelines, mandating double vaccination for all staff working at malls. Popular malls in Thane said they are likely to be impacted but nonetheless they will be operating with limited fully vaccinated staff. Nonetheless, mall management admitted the restrictions are also likely to impact footfalls…
  • Select CITYWALK pays tribute to the COVID warriors
    21 Aug 2021, Indiaretailing.com
    Select CITYWALK offers a poignant tribute to the heroes who stepped up to help those most in need in the grip of the second wave of the COVID-19 pandemic this year.Featuring real people who brought smiles, hope and relief to countless suffering citizens during the dreaded second wave, this campaign reminds us that we all have the potential to make a difference. Titled “TheCitySalutesYou”, the campaign features six individuals who went above the line of duty to deliver support and relief to many…
  • Phoenix marketcity and Palladium kickstarted their madras day celebration

    21 Aug 2021, B4umedia.in
    Phoenix market city and Palladium kick started their madras day celebration phoenix market city and palladium kick started their madras day celebration with a spectacular photo display! Chennai, 20 August, 2021: Celebrating Madras Day, Phoenix Market city and Palladium Chennai in association with Madras photo bloggers founded by Srivatsan Sankaran organized the Madras Day celebrations on the 19th of August (Thursday) by lighting the lamp.The ceremony was inaugurated by notable personalities from different walks of life. The event is followed by a photo-exhibition, photography workshop and disability awareness workshop to help the visitors of the mall in making a difference in their lives…

  • Recovery on track for malls as second wave subsides: Crisil
    20 Aug 2021, Theprint.in
    Malls have been recovering faster after the second wave compared with the first wave supported by a rapid easing of restrictions and pent-up demand, Crisil Ratings said on Thursday. With retail sales in malls rebounding strongly post reopening, pressure on rentals for mall owners is likely to be lower this fiscal, necessitating lesser waivers compared with last fiscal, it said. Rental revenue for mall owners is seen clawing back to 80 to 85 per cent of pre-pandemic levels this fiscal compared with 55 to 60 per cent last fiscal…
  • Malls’ Recovery In Key Cities, Except Mumbai, Pune: CRISIL
    20 Aug 2021, Realtynxt.com
    Rental revenue for mall owners is seen clawing back to 80-85% of pre-pandemic levels this fiscal, compared with 55-60% last fiscal. Also, while their liquidity may erode this fiscal as well, strong sponsor support and fund-raising initiatives will support credit profiles, an analysis of India’s top 14 malls1 rated by CRISIL Ratings shows.Malls have been recovering faster after the second wave compared with the first wave supported by a rapid easing of restrictions and pent-up demand, Crisil Ratings said on Thursday…
  • Recovery on track for malls as second wave subsides: Crisil
    20 Aug 2021, Livemint.com
    With retail sales in malls rebounding strongly post reopening, pressure on rentals for mall owners is likely to be lower this fiscal, necessitating lesser waivers, compared with last fiscal Mumbai: Malls are seeing faster recovery after the second wave compared with the first wave following a rapid easing of restrictions and pent-up demand, according to a report by Crisil Ratings. With retail sales in malls rebounding strongly post reopening, pressure on rentals for mall owners is likely to be lower this fiscal, necessitating lesser waivers, than last fiscal…
  • Recovery on track for malls as second wave subsides: Crisil-Business Journal
    20 Aug 2021, Business-journal.in
    Mumbai: Malls are seeing faster recovery after the second wave compared with the first wave following a rapid easing of restrictions and pent-up demand, according to a report by Crisil Ratings. With retail sales in malls rebounding strongly post reopening, pressure on rentals for mall owners is likely to be lower this fiscal, necessitating lesser waivers, than last fiscal. Rental revenue for mall owners is seen clawing back to 80-85% of pre-pandemic levels this financial year, compared with 55-60% last fiscal…
  • Pacific Mall delights shoppers with ‘Museum of Illusions’
    19 Aug 2021, Pninews.com
    New Delhi: Pacific Mall Tagore Garden has brought for its shoppers a unique experience centre in association with ‘Museum of Illusions’, Delhi. The setup is placed in the centre of mall for shoppers to engage. Pacific Mall being the favourite retail and entertainment destination of Delhi keeps experimenting and presenting to its customers lucrative discounts, offers and shopping experiences. The setup is assisted by 2 staff from the museum of illusions that will be assisting the visitors with the various illusions…
  • Indian retail sales touch 72% of pre-pandemic levels: RAI
    19 Aug 2021, Fibre2fashion.com
    Indian retail sales continued to recover in July, reaching 72 per cent of the pre-pandemic levels of July 2019, and businesses are pinning hopes on the festive seasons for a further boost, according to the Retailers Association of India (RAI), which recently said the rate of recovery was 50 per cent of pre-pandemic levels in June this year.In its latest business survey, RAI members in south India have indicated a very sharp comeback in July with sales at 82 per cent of the pre-pandemic levels (July 2019) as against 50 per cent sales in June 2021…
  • Brands pin hopes on Onam sales to tide over COVID gloom
    19 Aug 2021, Indiantelevision.com
    Mumbai: Kerala’s biggest festival of the year- Onam is finally here, flagging off the start of the festive season for the rest of the country. After some lacklustre years marred by natural calamities and floods, and followed by the pandemic in 2020, there is a lot of hope riding on the ten-day harvest festival this year. For businesses and brands across the state, Onam is poised to mark the revival of the shopping season…
  • Orion Malls sign up more than 2 lakh sq. ft. of space for new brands
    19 Aug 2021, Indiaretailing.com
    Orion Malls by Brigade is all set to enhance the shopping experience for its patrons with several prominent brands including, America’s very ownApplebee’s, Simpli Namdhari’s, Mango, Geist Beer, Kushals, Pantaloons, Max Fashion, Van Heusen, Allen Solly, Guess, Peter England, Deccan Biriyani, Kamat, Go Pizza, Home Centre, Pure Home and All Market are under various stages of fit-out at Orion Malls properties across Bangalore…
  • Marketers see an extended shopping season this year, which will go beyond Onam
    19 Aug 2021, Adgully.com
    After a devastating second wave of COVID-19 infections across India in the first half of 2021, the country is on the path towards recovery. The vaccination drive has led to positive consumer sentiments and the reopening of markets and malls are seeing people returning in droves.Onam is an occasion that every Keralite, anywhere in the world, celebrates…
  • Businesses eye festive season boost as retail sales touch 72% of pre-pandemic levels: RAI
    17 Aug 2021, Brandequity.economictimes.indiatimes.com
    In its latest business survey, RAI retail businesses in south India have indicated a very sharp comeback in July 2021 with sales at 82 per cent of the pre-pandemic levels (July 2019), as against 50 per cent sales in June 2021… August 17, 2021, 17:30 IST Retail sales across the country continued to recover in July, reaching 72 per cent of the pre-pandemic levels of July 2019, and businesses are pinning hopes on the festive seasons for a further boost, Retailers Association of India RAI ) said on Tuesday…
  • Maharashtra malls shut again as government mandates ‘full-vaccination for all’for reopening
    17 Aug 2021, Moneycontrol.com
    Earlier, the government had indicated that shopping malls that have vaccinated employees with at least a single dose will be allowed to resume operations.The hopes of shopping malls based in Maharashtra have been dashed yet again as the government rolled out a new notification late on Monday which now makes it mandatory for everyone – housekeeping staff, shopkeepers, salespeople and even customers – to be fully vaccinated, for the reopening…
  • COVID-19: Maha govt allows under-18 people to visit malls with age proof
    17 Aug 2021, Devdiscourse.com
    The Maharashtra government on Monday decided to allow those below 18 years of age who are not vaccinated against COVID-19 to visit shopping malls upon displaying the valid age proof. The state government has already allowed people who are fully vaccinated to visit shopping malls which can remain open till 10 pm on all days…
  • Allow staffers with one vaccine dose to work: Retailers to BMC
    17 Aug 2021, Msn.com
    On Monday, the state issued revised guidelines, clarifying that people below 18 years old can be allowed to visit malls by showing identification cards. However, the state did not extend relief to staffers as Municipal Commissioner I S Chahal had written to the government to allow staff to work who had taken at least one dose of vaccine. Citing shortage of vaccines and days of gap between two doses, retailers had demanded modification in the guidelines…
  • Allow staffers with one vaccine dose to work: Retailers to BMC
    16 Aug 2021, Mid-day.com
    The large and popular malls of the city have opened their doors for the shoppers from August 15th while adhering to the necessary precautions…
  • Maharashtra: Malls see few footfalls owing to full Covid vaccination rule
    16 Aug 2021, Timesofindia.indiatimes.com
    Bella Jaisinghani / TNN / Aug 15, 2021, 22:54 IST Facebook Twitter Linkedin EMail MUMBAI: After approximately four months of pandemic-driven lockdown, malls statewide reopened for business. However, few visitors were visible despite the Independence Day holiday, as the state government rules allow entry only for fully vaccinated visitors. Mall managers have sought a relaxation in norms to permit single dose guests to enter. A spokesperson for the Shopping Centres Association of India (SCAI) said, “We thank the Maharashtra government for allowing malls to restart…
  • Day 1: Mumbai malls reopen to poor response
    16 Aug 2021, M.dailyhunt.in
    While restaurants and malls reopened to extended timings till 10pm from Sunday, the condition that staff and visitors have to be fully vaccinated led to poor response on Day One. Malls have reopened for the first time after a gap of four months post the lockdown announced on April 4. Mall owners said as a majority of their visitors are in the 18-45 age group, very few are fully vaccinated, leading to low footfall. They said the turnout was only 10-15% compared to pre-Covid times…
  • KORUM MALL Celebrates 75th Independence day
    15 Aug 2021, Hindustantimes.com
    Malls have reopened for the first time after a gap of four months post the lockdown announced on April 4. Mall owners said as a majority of their visitors are in the 18-45 age group, very few are fully vaccinated, leading to low footfall. They said the turnout was only 10-15% compared to pre-Covid times. Restaurants and bars, too, saw poor turnout as Sunday was a dry day on account of Independence Day…
  • KORUM MALL Celebrates 75th Independence day
    15 Aug 2021, Konexionetwork.com
    KORUM MALL Celebrates 75th Independence day by Our Corresspondent Aug 15, 2021 KORUM MALL celebrates 75th Independence Day. (extreme left) Mr. Deva Jyotula, Head KORUM MALL and International Badminton Player Mr. Amey Joshi Hoist the Flag. Mr. Amey Joshi is a Coach and Captain at the Western Railways Men’s Team and has represented India in under – 19 level…
  • In photos: Mumbai malls gear up to reopen after four months
    15 Aug 2021, Timesofindia.indiatimes.com
    Malls in Mumbai are all set to throw open their doors once again for Mumbaikars after a hiatus of over four months. TOI photo: Sanjay Hadkar The Maharashtra government has permitted malls to reopen from August 15 for fully vaccinated citizens. TOI photo: Sanjay Hadkar Everyone over the age of 18 years will be required to have two doses of a Covid-19 vaccine and a gap of 14 days after that for entering malls. TOI photo: Sanjay Hadkar Also those below 18 years of age who are not vaccinated will be allowed to enter malls from Sunday…
  • Mall rules eased: Under-18 can visit, one shot enough for staff
    14 Aug 2021, Timesofindia.indiatimes.com
    Mumbai: Those below 18 years of age who are not vaccinated against the Covid-19 virus will be allowed to enter malls in Mumbai from Sunday.However all adults will be required to have two doses of the vaccine and a gap of 14 days after that for entering malls. However the staff of malls can enter malls even if they have just one dose of their Covid-19 vaccination…
  • Maharashtra: Adults can enter malls in city 14 days after their second dose
    14 Aug 2021, Timesofindia.indiatimes.com
    The Maharashtra government on Friday provided clarity on the entry of minors in the city’s malls, saying those aged below 18 years would be allowed inside the malls. The MVA government had on Wednesday taken the decision to allow malls in Mumbai to restart with 50% capacity from August 15 for people who are fully vaccinated against Covid-19. State health minister Rajesh Tope said that people could visit malls 14 days after they had taken their second dose. Timings of shops and restaurants, too, have been extended to 10 pm…
  • This Independence Day Weekend, Ambience Mall Is Offering Flat 50% Off On Over 350 Brands!
    14 Aug 2021, Whatshot.in
    To the point: It’s time for a much-needed retail therapy this Independence Day! It’s that exciting time of the year when several festivals are around the corner, and they always bring with them some exciting sales. The first sale that we must mark on our calendars happens to be this Independence Day weekend , in celebration of which the plush and bustling Ambience Mall (both the Vasant Kunj and Gurgaon locations) has decided to match our joyous mood by raining discounts upon us! Scroll on to find out what we are talking about!…
  • Malls across India witness sharp rebound in sales
    13 Aug 2021, Money9.com
    Retailers and brands said that the current recovery is impressive, despite the fact that malls in cities operate under various restrictions With the festive season right around the corner, malls across the country have reported a sharp rebound in June-July this year, with sales touching 70-80% of pre-pandemic levels as compared to the same period last year, The Economic Times reported on Friday. Recovery for malls during the corresponding period was less than 40% of pre-pandemic levels…
  • Malls across India report sharp rebound, sales at 70-80% of pre-Covid levels
    12 Aug 2021, Economictimes.indiatimes.com
    Retailers and brands said the current recovery is impressive considering malls in various cities operate with various restrictions. Prominent malls from Chandigarh to Delhi NCR to Bengaluru have reported a sharper rebound in June-July this year compared to the same months last year with sales reaching 70-80% of pre-pandemic levels…
  • Malls, restaurants, shops in Maharashtra to remain open till 10 p.m
    12 Aug 2021, Moneylife.in
    Spelling cheers, the Maharashtra government on Wednesday permitted malls, restaurants, bars, hotels, gymnasiums, saloons, beauty parlours and all shops in the state to remain open till 10 p.m.The significant decision came after a meeting, presided over by Chief Minister Uddhav Thackeray, accepted the recommendations of the Maharashtra Covid-19 Task Force to further boost the economy reeling under the series of pandemic lockdowns…
  • Asking mall employees to be fully vaccinated within 14 days of opening ‘impractical’: RAI
    12 Aug 2021, Freepressjournal.in
    The Maharashtra government on Wednesday decided to allow shopping malls and restaurants to remain open till 10 pm with a 50 per cent capacity fromAugust 15 onwards, provided the entire staff is fully vaccinated against COVID-19. Kumar Rajagopalan, CEO, Retailers Association of India, welcomed the move and said it will help people to get back to their jobs and save livelihoods…
  • In Maharashtra, Fully Vaccinated People Can Enter Malls From Sunday
    11 Aug 2021, Ndtv.com
    Only those who have received both doses of Covid vaccines will be allowed to enter malls in Mumbai and other cities of Maharashtra, the state government has decided. Speaking to the media after a cabinet meeting today, state Health Minister Rajesh Tope said the government will further relax the Covid restrictions from August 15. “People with double doses can board local trains. The state government has given instructions to issue monthly and quarterly passes to people,” he said…
  • Rahul Khona joins Nexus Malls from McDonald’s
    11 Aug 2021, Cio.economictimes.indiatimes.com
    Khona joins Nexus Malls from McDonald’s India (Hardcastle Restaurants Limited) where he served as Head IT.Rahul Khona has joined Nexus Malls, as the Head of Information Technology. Nexus Malls is a real estate company with 16 malls and around 10 million square feet of retail space in India. He will be based out of Mumbai.At Nexus Malls, Khona will be responsible for forming the IT strategy and drive innovation and growth within the organization. He will also be responsible for implementing new age technologies to provide convenience and uplift customer experience across the value chain…
  • Malls may reopen, longer hours likely for restaurants in Mumbai
    11 Aug 2021, Hospitality.economictimes.indiatimes.com
    Restaurants in Mumbai may be allowed to operate for extended hours soon, possibly till 8pm or 10pm. Shopping malls too are likely to see a decision in favour of reopening in coming weeks, though food courts may remain shut for a while. Restaurants in Mumbai may be allowed to operate for extended hours soon, possibly till 8pm or 10pm. Shopping malls too are likely to see a decision in favour of reopening in coming weeks, though food courts may remain shut for a while…
  • Malls await young crowd for revival of business
    11 Aug 2021, Timesofindia.indiatimes.com
    Pune: Mall authorities fear that business will take time to pick up if the youngsters, who account for a large chunk of the target clientele forgaming arcades, bowling alleys, cafes, bars, food courts, fun zones and clothing and beauty outlets, are not allowed entry for being partly vaccinated. Many young adults have not been able to get their second dose of the vaccine yet. The beneficiaries in the 18-44 age group were included in the vaccination programme in June, but there was a delay in the drive due to shortage of doses…
  • Maharashtra Covid task force gives nod to reopen malls, eateries
    11 Aug 2021, Hindustantimes.com
    Ministers and senior officials said the chief minister could take a decision on further relaxation of curbs after Independence Day. The Maharashtra Covid task force, in its discussion with chief minister Uddhav Thackeray, has given its go-ahead to reopen malls and extend the timings for eateries and restaurants. The task force is preparing a standard operating procedure (SOP) for the state to allow reopening of malls and extend timings of eateries and restaurants beyond the current deadline of 4pm. However, the final call will be taken by the CM…
  • Unvaccinated Indians Banned From Entering Shopping Malls In This City!
    10 Aug 2021, Trak.in
    Only fully vaccinated people are welcome at Malls in PuneMaharashtra Deputy Chief Minister recently announced that shops in Pune and the neighboring township of Pimpri Chinchwad are allowed to remain open till 8 pm and restaurants are allowed to operate with 50 percent capacity till 10 pm. He also notified that malls in both the cities are allowed to remain open till 8 pm but only those who are fully vaccinated will be allowed to enter into them.Restaurant owners, traders, and mall workers associations have been demanding that the timings of their establishments be extended…
  • Coronavirus News LIVE Updates: Shops, Malls to Reopen in Kerala from Today as 11 Districts in State See Rising Trend in Covid-19 Infections
    10 Aug 2021, In.news.yahoo.com
    Coronavirus News LIVE Updates: The Union Health Ministry said 44 districts in India are reporting more than 10 percent weekly positivity rate andKerala is the only state which has more than 1 lakh active Covid-19 cases. It also noted that a total of 37 districts from nine states such as Kerala, Tamil Nadu, Himachal Pradesh, Karnataka, Andhra Pradesh, Maharashtra, West Bengal, Meghalaya and Mizoram are a matter of “concern” as they are showing rising trend in daily coronavirus cases over last two weeks…
  • Will Temples, Malls, Cinema Halls Open Next? Maha Govt on Possibility of Easing More Curbs
    10 Aug 2021, Msn.com
    The Maharashtra COVID-19 task force has discussed the possibility of granting more relaxations in restrictions while observing precautions, and alsodeliberated on tackling the possible third wave of the pandemic, requirement of medical oxygen and increasing the pace of vaccination, an official said. A meeting of the task force, held on Monday evening, was attended by Chief Minister Uddhav Thackeray, state Chief Secretary Sitaram Kunte, COVID-19 task force head Dr Sanjay Oak and other members. The state government is now preparing new guidelines after receiving various suggestions and instructions from doctors, experts and government departments…
  • Delay in opening up malls & multiplexes in Maharashtra may spell doom for business & employees: RAI
    09 Aug 2021, Knnindia.co.in
    New Delhi, Aug 9 (KNN) Retailers Association of India (RAI) on Monday urged the Maharashtra government to allow reopening of malls and multiplexes immediately, citing that any further delay in doing so would spell doom for businesses and employees associated with malls. “The (Maharashtra) state government’s attempts to return the state to normalcy in stages is appreciable. However, we hope they restart malls and multiplexes immediately as any further delay in doing so will spell doom for businesses and employees associated with malls,” RAI CEO Kumar Rajagopalan said in a statement…
  • RAI urges Maharashtra govt to allow reopening of malls multiplexes

    09 Aug 2021, Theweek.in
    Retailers Association of India (RAI) on Monday urged the Maharashtra government to allow reopening of malls and multiplexes immediately, stating that any further delay would “spell doom for businesses and employees associated with malls”.The retailers’ body said the capacity of malls and retail businesses in the state to bear any further losses is over as they continue to incur expenditures such as electricity charges, property tax, other taxes and license fees during the closure period while revenues have remained zero…

  • Pune’s COVID Restrictions Relaxed: Malls, Shops Open Till 8 PM, Restaurants Till 10 PM
    09 Aug 2021, Republicworld.com
    As Mumbai opens up, Pune too has eased its restrictions amid protests by locals and BJP. The guidelines released on Sunday, allowed all shops open till 8 PM As Mumbai opens up, Pune too has eased its restrictions amid protests by locals and BJP. The guidelines released on Sunday, allowed all shops (essential and otherwise) to be open for all seven days till 8 PM. Moreover, malls too were allowed to function till 8 PM, but entry was limited only to fully vaccinated people. Maharashtra has 74,482 active COVID cases, 61,39,493 recovered cases and 1,33,845 fatalities…
  • Retailers’ body RAI urges Maharashtra govt to allow reopening of malls, multiplexes
    09 Aug 2021, Freepressjournal.in
    Retailers Association of India (RAI) on Monday urged the Maharashtra government to allow the reopening of malls and multiplexes immediately, stating that any further delay would “spell doom for businesses and employees associated with malls”…
  • RAI urges Maharashtra govt to allow reopening of malls, multiplexes
    09 Aug 2021, Theweek.in
    Retailers Association of India (RAI) on Monday urged the Maharashtra government to allow the reopening of malls and multiplexes immediately, stating that any further delay would “spell doom for businesses and employees associated with malls”…
  • RAI urges Maharashtra govt to allow reopening of malls, multiplexes
    09 Aug 2021, Outlookindia.com
    Retailers Association of India (RAI) on Monday urged the Maharashtra government to allow the reopening of malls and multiplexes immediately, stating that any further delay would “spell doom for businesses and employees associated with malls”…
  • RAI urges Maharashtra govt to allow reopening of malls, multiplexes
    09 Aug 2021, Businessworld.in
    Retailers Association of India (RAI) on Monday urged the Maharashtra government to allow the reopening of malls and multiplexes immediately, stating that any further delay would “spell doom for businesses and employees associated with malls”…
  • Mumbai: ‘Malls and retail establishments lost business worth Rs. 15, 000 crore, around 1.5 lakh direct jobs at stake’
    06 Aug 2021, Timesofindia.indiatimes.com
    Mall and retail establishments inside them have expressed serious disappointment over not allowing them to operate despite the best protocol in place. There was a reason to smile for those associated with most retail establishments in Maharashtra except those located in malls and shopping centres as the state though issued orders to resume retail activity but continued to keep malls shut, disappointing lakhs of people working in malls who were eagerly waiting for their livelihoods to resume. Malls in the state generate a business of Rs. 40,000 crores and contribute Rs. 4,000 crores in GST, per month. The prolonged closures are impacting more than 2 lakh people employed in about 50 malls in the state. They are also impacting all the businesses associated with malls—on average, a mall has 200 retail stores operating in it and over 5,000 business entities associated with it as suppliers and vendors…
  • Bihar unlock: Nitish govt eases COVID-19 restrictions; schools, shops and cinema halls to open from August 7
    05 Aug 2021, Timesnownews.com
    The Bihar government announced further relaxations in COVID-19 curbs on Wednesday by allowing the reopening of schools, shops and shopping malls.New Delhi: Bihar Chief Minister Nitish Kumar announced the reopening of schools, shops and shopping malls in Bihar.Making the announcement, he said that schools for the classes 1st to 8th will open from August 15 and classes 9th to 10th will function with 50 per cent of their strength on alternate days from August 7…
  • PVR Expands Its Luxury Formats With The Launch Of First Director’s Cut In Haryana
    05 Aug 2021, Businessworld.in
    A true representation of an unmatched luxury cinematic experience, the property is designed in contemporary hues to complement today’s millennial audience and offer a hygienic, safe and secure movie-viewing experience. PVR Ltd, the leaders in Indian film exhibition industry, through its luxury arm The Luxury Collection, announced the launch of its First Director’s Cut in Haryana at Ambience Mall, Gurugram today…
  • Delay in reopening malls a big blow to businesses, employment: RAI
    05 Aug 2021, Livemint.com
    Malls and shopping centres are important centres of economy activity. Malls in the state generate business worth Rs40,000 crore and contribute Rs4,000 crore to GST, per month. MUMBAI: Malls in Maharashtra have remained shut even as the state government has relaxed lockdown curbs for 25 districts, including Mumbai, allowing shops and establishments to operate till late in the evening. “All other states in the country except Maharashtra have allowed malls to open along with other formats of retail…
  • Mumbai civic body MCGM clarifies malls to remain shut
    05 Aug 2021, Economictimes.indiatimes.com
    On Monday, the government of Maharashtra had allowed malls and shopping centers operating in key cities including Mumbai to start their operations with certain restrictions.However, it had also stated that the civic bodies and disaster management authorities in these Navi Mumbai and Thane districts will issue final guidelines for the same. The Municipal Corporation of Greater Mumbai MCGM ) has issued a clarification stating the malls in the country’s commercial capital will remain shut until further directives…
  • Bihar Unlock: Shops, schools, shopping malls, cinemas to open. Check full list
    05 Aug 2021, Indiatvnews.com
    The Bihar government on Wednesday decided to open shops, schools, shopping malls, cinemas and other establishments, in view of the improving Covid situation in the state. The Bihar government on Wednesday decided to open shops, schools, shopping malls, cinemas and other establishments, in view of the improving Covid situation in the state…
  • Core Mall Ghaziabad set to emerge as epicenter of modern retail activities
    04 Aug 2021, Content.magicbricks.com
    New Delhi, Delhi, India: Personifying luxury and elegance, Core Mall Ghaziabad located right opposite Crossing Republik, is coming up as one stopshopping and entertainment destination for the upwardly mobile population that expects the best-in-class shopping experience for themselves. Launched by Concept Capital, one of the most powerful brands in the real estate sector, Core Mall is set to become a cynosure of modern retail activities with its unique offerings and the never seen before glass architecture…
  • Nagpur eases Covid curbs, shops allowed to open till 8pm on weekdays
    03 Aug 2021, Indiatvnews.com
    Places of worship, coaching classes, swimming pools, cinema theatres and multiplexes will continue to remain closed.Nagpur eases Covid curbs. Check detailsThe Nagpur Municipal Corporation on Tuesday eased Covid-induced curbs in the city allowing shops and establishments, including malls, to operate till 8 pm on weekdays, from the earlier deadline of 4pm, and till 3pm on Saturday and Sunday, an official said.The order issued by civic chief Radhakrishnan B, however, stated that places of worship, coaching classes, swimming pools, cinema theatres and multiplexes will remain closed, and social, cultural, political gatherings and marriages will be allowed with the attendance being limited…
  • Once again, Pune left out of easing of pandemic curbs
    03 Aug 2021, Punemirror.indiatimes.com
    Despite a few relaxations, all places of worship, cinemas, multiplexes, including those inside malls, will remain shut till further orders (FILE PHOTO)Dist is among 14 continuing with level-3 restrictions.Partially easing lockdown restrictions, the Maharashtra government has permitted a few additional activities in 22 districts, but the remaining 14 continue under Level-3 curbs as before.The 14 districts include Pune, Kolhapur, Sangli, Satara, Ahmednagar, Solapur, Beed, Raigad, Ratnagiri, Sindhudurg, Palghar, Thane, Mumbai and Mumbai Suburban district.In the remaining 22 districts, the new orders have permitted government and private offices to function at full capacity but with staggered work hours to avoid crowds…
  • Maharashtra eases lockdown curbs, shops to remain open till 8 pm on weekdays
    03 Aug 2021, Newsonair.com
    The Maharashtra Government in its latest order has said that shops will be permitted to remain open till 8 pm on weekdays instead of 4 pm in the districts where Covid infections have reduced.The state government said that restrictions will continue in those districts where the infection is still on the rise. On opening the Mumbai local trains for all segments of society, the Chief Minister said that would be difficult in the first phase as the easing of curbs was being done slowly…
  • Lack of railway travel is leading to job losses
    03 Aug 2021, Mid-day.com
    Railway commuters postponed a mega protest slated for Tuesday to August 15 but handed over a petition to Central Railway officials to resume trains for all. Amidst the continued restrictions, passengers have argued that due to the battle between the state and Centre, the common man is losing jobs…
  • COVID-19 More relaxations for shops in 25 Maha districts malls allowed to operate
    02 Aug 2021, Theweek.in
    Mumbai, Aug 2 (PTI) The Maharashtra government on Monday announced further relaxations of coronavirus curbs in 25 districts showing low positivity rate of the infection, extending the existing business timings of shops and allowing shopping malls to operate in these districts.Also, all government as well as private offices can operate with full capacity, it said.The relaxations will come into effect from Tuesday morning, said a government order.The state government has not taken any decision on allowing common people to travel by suburban trains in Mumbai…
  • Weekend footfall fuels turnaround hopes at malls
    02 Aug 2021, Timesofindia.indiatimes.com
    Kolkata: During the weekend, malls in the city witnessed the highest footfall and sales so far since reopening in mid-June. Some of the malls have even witnessed footfall and sales of pre-pandemic level. According to Sushil Mohta, the eastern region chairman of Shopping Centres Association of India (SCAI), footfall and sales soared this weekend largely due to the end-of-season sale and Friendship Day. “This Sunday was the best since the restrictions were lifted at most of the malls,” he said…
  • Core Mall Ghaziabad Set to Emerge as Epicenter of Modern Retail Activities
    02 Aug 2021, Bizwireexpress.com
    NewsVoirPersonifying luxury and elegance, Core Mall Ghaziabad located right opposite Crossing Republik, is coming up as one stop shopping and entertainment destination for the upwardly mobile population that expects the best-in-class shopping experience for themselves. Launched by Concept Capital, one of the most powerful brands in the real estate sector, Core Mall is set to become a cynosure of modern retail activities with its unique offerings and the never seen before glass architecture…
  • Telangana mulls allowing only vaccinated people into restaurants, malls
    01 Aug 2021, Thenewsminute.com
    Urging the people of Telangana to get the COVID-19 vaccine, Telangana Director of Public Health G Srinivasa Rao suggested that the state might introduce a vaccine pass, restricting entry to public places like malls, movie theatres and restaurants to only people who were vaccinated. “In the coming days, in order to protect ourselves and our children, there could be an informal mandate for people working in and visiting malls and other commercial establishments like restaurants and cinema theatres, that only if you get the vaccine, you will be allowed,” Srinivasa Rao said…
  • Multiplexes face a long road to recovery with paucity of new releases
    01 Aug 2021, Business-standard.com
    Multiplex and single-screen theatre operators’ long wait to welcome movie buffs is finally over.With key markets such as the national capital region (NCR), Maharashtra, Telangana, and Andhra Pradesh allowing shows on big screens, the operators may now expect the box offices to roll again. But their recovery to normalcy is still a distant dream.In the past week, authorities at some of the largest markets in the country showed the green signal to theatre operators to lift the shutters after four months of inactivity since April…
  • Mumbai malls leverage social media to create marketing moments that matter during the pandemic
    31 July 2021, Timesofindia.indiatimes.com
    According to latest developments with regard to Covid-19 cases in Mumbai, the state government has approved easing of curbs.However, with malls being shut all this while, the mall authorities had been working on different ways to engage consumers. The power of social media platforms to provide personalized information changed the dynamics and helped malls to enhance their relationship with the consumers and to become an integral part of their customer’s life…
  • Second wave to fray apparel retail growth, profitability: Crisil
    31 July 2021, Devdiscourse.com
    Temporary store closures, restricted mobility and curtailed discretionary spending due to second wave of Covid-19 infections are set to pull down revenue growth of organised apparel retail sector to 15 to 20 per cent this fiscal, according to Crisil Research. Temporary store closures, restricted mobility and curtailed discretionary spending due to second wave of Covid-19 infections are set to pull down revenue growth of organised apparel retail sector to 15 to 20 per cent this fiscal, according to Crisil Research. Earlier, it had expected a fall of 30 to 35 per cent…
  • Vax boost in Kolkata: AMRI Hospitals starts Walk-in Vaccination at Acropolis Mall
    30 July 2021, Mid-day.com
    After hosting multiple vaccination drives, AMRI Hospitals has set-up its ‘Walk-in’ vaccination facility at Acropolis Mall, from 16th June, in a bid to boost inoculation program. AMRI Hospitals Earlier, South City Walk and Acropolis Mall both joined hands with the AMRI Hospitals for its Drive-by Vaccination Camps, providing parking spaces at these premises for the programme. Now, Acropolis Mall has also opened its doors for a Walk-in vaccination camp that takes place everyday from 12-6 pm at the fourth floor of the mall…
  • It’s showtime again! Theatres lift curtains after a long interval
    30 July 2021, Timesnownews.com
    PVR will open its theatres in a staggered manner starting with 250-300 screens in phase one. A bulk of its theatres will be operational by the third week of August.Mumbai: Multiplexes and movie buffs are a happy lot as several states have eased Covid-19 curbs, allowing theatres to function. Cinemas will be allowed to operate at 50% capacity in most states, except for some southern states including Kerala, which is once again witnessing a spike in cases…
  • Malls, theatres in Mumbai to open, longer hours for shops, eateries
    30 July 2021, Timesofindia.indiatimes.com
    MUMBAI: With Covid cases in Maharashtra plateauing for over a month now, the state government on Thursday approved easing of curbs in 25 of 36 districts, including reopening malls and multiplexes, extending hours for restaurants and shops, and permitting dining out on weekends. The government will also relax the limit for gatherings at social and cultural events, but all restrictions will continue to apply on Sundays. The 25 districts where relaxations will be effective include Mumbai, Thane, Nashik and Nagpur where Covid-19 indicators like positivity rate and case growth rate are lower than the state’s average…
  • Inorbit Malls conducts vaccination drive for employees, retail partners and visitors under their #InorbitCares initiative
    29 July 2021, Theretailtimes.co.in
    Inorbit Malls in Mumbai, Vashi, Bangalore, Hyderabad and Vadodara aims to be 100% vaccinated by giving 400-500 individuals their dose~Mumbai, June 16, 2021: Inorbit Malls Pvt Ltd, the pioneer of mall culture in India, has an ongoing COVID-19 vaccination drive for its employees, retail partners as well as visitors at its centers in Mumbai, Bangalore, Hyderabad and Vadodara. With safety being the topmost priority, Inorbit malls kicked off the vaccination drives under #InorbitCares initiative where they aim to have each and every employees, retail staff and agency workers vaccinated…
  • Covid-19: Losses Due To Shutting Down Of Malls In Maharashtra Run Into Thousands Of Crores
    29 July 2021, outlookindia.com
    The impact can be gauged by the fact that, on average, a mall has 200 retail stores operating in it and over 5,000 businesses entities associated with it as suppliers and vendors. The prolonged closure has impacted around 50 malls in Maharashtra that used to employ more than 2 lakh people, generate an estimated business of Rs. 40,000 crores and contribute Rs. 4,000 crores in GST, per month, according to the Retailers Association of India (RAI)…
  • Pacific Mall Tagore Garden enhances dining experience with Cafeteria and Co
    28 July 2021, Businessnewsthisweek.com
    New Delhi: Pacific Mall, Tagore Garden, is now looking to satiate the culinary palettes of its customers. One of the NCR’s busiest and most active cafés, Cafeteria and Co, will now be operational here to provide a superior casual dining experience to the mall patrons.Cafeteria & Co, a continental and Mexican dining restaurant, originally opened its doors in Hudson Lane, near Delhi University’s North Campus, and quickly became a hotspot in a neighbourhood brimming with cafes, thanks to its unique decor, diverse menu, and speedy service…
  • Pacific Mall Tagore Garden enhances dining experience with Cafeteria and Co
    28 July 2021, Apnnews.com
    Pacific Mall, Tagore Garden, is now looking to satiate the culinary palettes of its customers. One of the NCR’s busiest and most active cafés, Cafeteria and Co, will now be operational here to provide a superior casual dining experience to the mall patrons.Cafeteria & Co, a continental and Mexican dining restaurant, originally opened its doors in Hudson Lane, near Delhi University’s North Campus, and quickly became a hotspot in a neighbourhood brimming with cafes, thanks to its unique decor, diverse menu, and speedy service…
  • Digitising Indian retail: Looking at challenges and exploring growth models
    27 July 2021, Hindustantimes.com
    The study has been authored by Preeti Kapuria and Harish Nalawade. According to the United Nations Conference on Trade and Development’s B2C (business-to-consumer) E-commerce Index 2019, India ranks 73 out of 152 countries on its readiness to support online shopping.1 India leads among South Asian countries, while Asian states like Iran (42), China (56), Kazakhstan (57), Azerbaijan (62), Vietnam (64) and Tunisia (70) fare better than it on the index. Nevertheless, India’s domestic e-commerce market is expected to reach $ 99 billion (approximately ? 7 lakh crore) by 2024…
  • Retailers start expansion as COVID-19 second wave ebbs; focus on high-street locations, smaller towns
    27 July 2021, M.dailyhunt.in
    Representative image Retailers across segments in India are on an expansion spree as the second wave of the COVID-19 pandemic subsides. While some retailers are implementing plans that had to be stalled due to curbs, others are scouting for new locations to make the most of a drop in rentals due to the supply glut. “Large retailers such as Shoppers Stop and Tanishq had already rolled out plans to open multiple stores across the country in FY22…
  • Workers in four out of 10 malls vaccinated, says Chennai Corporation
    25 July 2021, Thehindu.com
    Civic body decentralises vaccination strategy further by delegating powers to zonal level officials The Greater Chennai Corporation has managed to vaccinate all employees working in the outlets in four out of 10 major malls in the city through the COVID-19 vaccination outreach drives carried out over the past few days. Encouraged by the improvement in coverage, the civic body has planned to decentralise its vaccination strategy further by delegating powers to officials at zonal levels to organise vaccination drives in different places, apart from the designated vaccination centres, based on availability and demand…
  • Haryana lockdown extended till Aug 2 with more relaxations in COVID curbs; malls, shops allowed to open | Details
    25 July 2021, Msn.com
    New Delhi | Jagran News Desk: The Haryana government on Saturday announced the extension of COVID-induced lockdown in the state till August 2 in wake of the coronavirus pandemic. However, the extension has been announced with several relaxations in the curbs. The Haryana government had on May 3 imposed a lockdown in the state when the second wave of the deadly virus started to wreak havoc. The lockdown was time to time extended on a weekly basis till July 25…
  • Cinemas, spas open; Delhi Metro, buses to run with full seating
    25 July 2021, Timesofindia.indiatimes.com
    NEW DELHI: The Delhi government on Saturday allowed standalone cinemas halls, multiplexes, spas, swimming pools and entertainment parks to open from Monday morning.The multiplexes can, however, open with a maximum of 50% seating capacity while spas will have to follow a strict protocol. In another major relief, Delhi Metro and public buses have been allowed to run at 100% capacity, which go a long way in making commuting easier for people.For the past nine days, the Covid-19 positivity rate in Delhi has remained below 0.1% when across India, the positivity rate is currently around 2.4%…
  • City Centre Malls Light Up on World Fragile X Awareness Day
    23 July 2021, Uniindia.com
    Ambuja Neotia joins the international community spreading awareness about Fragile X Syndrome by illuminating the Group’s two malls in Kolkata — City Centre Salt Lake and City Centre New Town — in the colour of teal on Thursday.Observed the world over, it’s a day to ‘shine a light’ on the Fragile X Syndrome, a genetic disorder and an inherited condition that leads to intellectual disability and autism. Monuments and landmarks are illuminated in teal to extend support and raise awareness on the genetic condition…
  • Phoenix marketcity and palladium’s whopping sale upto 60% off gives all the more reason to shop!
    22 July 2021, B4umedia.in
    phoenix marketcity and palladium’s whopping sale upto 60% off gives all the more reason to shop!22 july 2021, Chennai: Phoenix Marketcity and Palladium Chennai, the city’s popular destination for sho pping and dining, will have an exciting sale for its customers on top fashion brands with upto 60% off.The sale at the mall begins on 23 July 2021. This discount will be applicable across premium brands likeZARA, H&M, Lifestyle, Pantaloons, Home Centre, Aldo, Charles & Keith and many more. Patrons can also enjoy exc lus ive offers on food and beverages…
  • V-Mart to acquire Arvind Fashions ‘Unlimited’ retail chain
    22 July 2021, Freepressjournal.in
    By PTI Unlimited operates a chain of 74 value fashion retail stores across South and West India and retails fashion apparel and accessories for men, women and children at affordable prices. IndianRetailer.com Value fashion retailer V-Mart Retail Ltd on Thursday announced the acquisition of the ‘Unlimited’ retail chain from Arvind Fashions Ltd (AFL). V-Mart Retail has signed definitive agreements to acquire all of the existing running stores of ‘Unlimited’ from Arvind Lifestyle Brands Ltd (ALBL), a wholly-owned subsidiary of AFL, a joint statement said…
  • Chennai Launches Covid Vaccination Drive At Malls
    22 July 2021, Ndtv.com
    You can actually walk into a mall or a vegetable market for vaccination in Chennai. The Greater Chennai Corporation has launched vaccination camps at ten malls and 38 vegetable markets across the city in addition to their regular vaccination centres. The civic body is on an overdrive to inoculate its nearly 60 lakh population in the 18+ age group…
  • Demand picks up faster than last July as mobility improves
    21 July 2021, Livemint.com
    There has been a 6% decline in overall consumer anxiety among Indians during the second wave of the covid-19 pandemic compared to the first wave, according to a consumer tracker released by Deloitte earlier this week. Deloitte has been tracking consumers’ mood across major global markets since the onset of the pandemic. In its latest report, it surveyed Indian respondents till 30 June, covering the second wave of covid-19. The pace of vaccination has helped in “uplifting the consumer sentiment”, according to the report. The tracker reported a slight increase in discretionary spends after restrictions were relaxed in June…
  • Unilever launches first in-store vending model at Mumbai mall
    20 July 2021, Thehindu.com
    Earlier this month, Mumbai’s Reliance Smart Acme Mall became home to the pilot project of Unilever’s in-store vending model, ‘Smart Fill’. Thanks tothis new initiative set up in partnership with Reliance Retail, customers can get a refill of homecare products — for brands such as Surf Excel, Vim and Comfort — rather than purchase a new packet…
  • Restrictions, weekend closures continue to ail retailing business
    20 July 2021, M.dailyhunt.in
    Restricted opening hours and weekend closures in some states are plaguing the retail business even as most other areas of the country are openingup after being under various levels of lockdown over several months due to the second wave of the COVID-19 pandemic. States such as Maharashtra, Uttar Pradesh, Bihar, West Bengal, Odisha, Kerala and Karnataka still implement limited operating hours, if not total closures, on weekends…
  • June retail sales 50% below pre-pandemic period, reveals survey
    19 July 2021, Moneycontrol.com
    According to a survey by the Retailers Association of India, retail sales, though improved in June as the second wave of the pandemic subsided, are still considerably below the pre-COVID levels.Retail Sector | Representative Image (PC-Shutterstock)Retail Sector | Representative Image (PC-Shutterstock)The retail industry is yet to recover from the onslaught of the second wave of the pandemic and the sales of the segment remained 50 percent below June 2019, showed the results of a recent survey by the Retailers Association of India (RAI). However, according to the RAI survey, the industry also showed progressive recovery compared to May…
  • Weekend footfall in malls ‘best so far’ post relaxation
    19 July 2021, Timesofindia.indiatimes.com
    Kolkata: For the malls across the city, this weekend — after further relaxation of timing from July 16 and the resumption of Metro — was the best sofar in one month of operations since the Covid-induced restrictions were put in place. The footfall of people and sales went northwards and it would have been better, if Metro was operating on weekends.“This weekend has been the best so far from the business point of view…
  • Business News | Vega City Mall Bucks the Trend Post Second Wave, Recovery in Footfalls and Sales Set the Tone for the Coming Quarters
    17 July 2021, Latestly.com
    Vega City Mall, South Bangalore’s most happening mall has reported a dramatic recovery in footfalls in Week 15 of this financial year.It was not only footfalls that Vega City witnessed but the number of four wheelers and two wheelers to post the opening of the mall.”A comparison between Week 15 of FY 2019-20 vs FY 21-22 (comparing pre-COVID-19 era to second wave of COVID-19), has shown Vega City bucking the trend…
  • As multiplexes, food courts struggle amid the pandemic, malls must rethink their anchor tenants
    17 July 2021, Economictimes.indiatimes.com
    Synopsis Some things are fundamental to our malls: a solid multiplex, an exciting food court, a couple of high-end restaurants, departmental stores, and hot fast-fashion retailers that everyone can’t get enough of. Mall operators in India have cemented the success of their properties on carefully chosen locations and anchor tenants, so much so that shoppers will often remember a mall by its most prominent storefronts…
  • Pine Labs’ new campaign pays tribute to frontline retail warriors
    16 July 2021, Financialexpress.com
    The film depicts experience of small retailers during the pandemicPine Labs’ launches new multichannel campaignPine Labs’ launches new multichannel campaignMerchant commerce platform Pine Labs has rolled out a multichannel marketing campaign to pay tribute to the retail sector of India. The platform has released a film as a part of the campaign capturing the lives of kirana store owners, retail pharmacists and solopreneurs. The store owners, their staffs, the frontline retail warriors, have emerged as the unsung heroes during the Covid19 outbreak, Amrish Rau, CEO, Pine Labs said…
  • Retailers urge Maharashtra govt to allow re-opening of malls, shopping centres
    16 July 2021, Timesofindia.indiatimes.com
    MUMBAI: Retailers Association of India ( RAI ) on Friday asked the Maharashtra government to let malls and shopping centres open by following COVID-19 protocols.Stating that other states like Delhi and Haryana have allowed the opening of malls along with other markets, RAI said letting malls and shopping centres operate will not only help save employment but will also pave the way for citizens to shop in a safe and sanitized environment…
  • Doing better business than last year, say Noida malls
    16 July 2021, Hindustantimes.com
    Noida Managers of shopping malls in Noida say they are doing better business this year as compared to the post-unlock period in 2020, and they are witnessing a good footfall during the end of season sales Noida Managers of shopping malls in Noida say they are doing better business this year as compared to the post-unlock period in 2020, and they are witnessing a good footfall during the end of season sales. During the unlock period, the governments permit places to open and resume normal activities — albeit with significant safeguards — after spending months under the lockdown…
  • As multiplexes, food courts struggle amid the pandemic, malls must rethink their anchor tenants
    16 July 2021, Economictimes.indiatimes.com
    With rent concessions being extended, mall chains will have to reconsider their tenant mix. They are now adopting new kinds of agreements for longer terms, which are based more on sales and revenue share than a fixed rental income. While national malls may survive this new normal, things could get difficult for the smaller, standalone ones. Some things are fundamental to our malls: a solid multiplex, an exciting food court, a couple of high-end restaurants, departmental stores, and hot fast-fashion retailers that everyone can’t get enough of…
  • Hotels, Malls Gearing Up As IT Corridor Is Set To Reboot: Chennai
    15 July 2021, Realtynxt.com
    With most of the IT firms conducting vaccine drives and private firms taking steps to inoculate the employees, opening of IT firms would give a fillip to the dormant areas of OMR after the lockdown.With the IT firms calling upon their employees to report for duty at offices, the restaurants, malls and paying guest accommodations are gearing up for the expected business.In the Old Mahabalipuram Road (OMR), the hub of IT industry of Chennai, several restaurants are expecting a good footfall as IT firms are slowly opening their premises…
  • Covid infects lease pacts: Retailers say they will pay rent only in proportion to actual business in case of lockdowns
    15 July 2021, Cfo.economictimes.indiatimes.com
    Amid last year’s nationwide lockdown and this year’s local lockdowns, retailers and restaurants have taken a massive hit, facing closure of outlets, huge losses and retrenchments. Top retailers and restaurant chains such as Reliance Retail, Madura Fashion & Lifestyle, Domino’s, Plum by Bent Chair, Mamagoto, Farzi Cafe , Lee, Wrangler and Cafe Warehouse among others, are insisting on introducing clauses in all new leases that stipulate that they will not pay rent, or pay only in proportion to their actual business, in the event of government mandated closures of stores and malls…
  • Offline retail, malls have gone through a painful pandemic year. Will 2021 be any better?
    15 July 2021, Economictimes.indiatimes.com
    Malls have been the biggest casualty of the pandemic-triggered lockdowns. After some painful negotiations, mall chains such as Phoenix Mills, Nexus, and DLF had hoped for normalcy in rents in FY22, but the second wave has been a dampener. With restrictions in place and the possibility of a third wave looming, what’s in store for them? Some kinds of retail businesses thrived in the pandemic. With more Indians moving online than any amount of discounting or wide assortment of products could ever get them to, direct-to-consumer or D2C became a buzzword…
  • Hotels, malls gearing up as Chennai’s IT corridor set to reboot
    14 July 2021, Socialnews.xyz
    With the IT firms calling upon their employees to report for duty at offices, the restaurants, malls and paying guest accommodations are gearing up for the expected business.In the Old Mahabalipuram Road (OMR), the hub of IT industry of Chennai, several restaurants are expecting a good footfall as IT firms are slowly opening their premises. The increase in vehicular traffic through the OMR stretch has also caught up and according to transport officials, the traffic increase is due to the opening-up of firms and other business establishments on the stretch…
  • The Evolution of the Social Shopping Mall
    13 July 2021, Businessnewsthisweek.com
    To overcome the current hardships of pandemic restrictions, all the while maintaining a connect with their customers, it has led malls to amp up their social media engagement.Traditional shopping malls have understood that they need to stay relevant and maintain a constant connect with their customers.In today’s world, no matter how big or small a brand, having a robust social media strategy is imperative for growth and survival…
  • Advantage Of Emotion AI In Retail Recruitment
    13 July 2021, Indianext.co.in
    The talent recruitment process of every industry is unique, and the retail sector is undoubtedly one of the more interesting ones. The retail sector, ranging from FMCG to high-end fashion, requires a diverse set of skills to keep it functioning. Therefore, it depends more on qualified employees who can assist the customers, manage the business, respond to customers’ grievances, manage the supply chain, logistics and more. Additionally, given the new shopping trends seen during the pandemic, the retail sector explores a hybrid or entirely online model, which requires reskilling the current workforce and engaging people with additional skills…
  • Food joints down shutters as second wave takes a toll on business
    13 July 2021, Financialexpress.com
    While companies had been trying to get their businesses back in shape post the lockdown last year, a devastating second wave and the ensuing restrictions this year made it difficult for them to sustain operations. Arush Malik, founder & CEO at The Immigrant Cafe, recently shut down his outlet in New Delhi’s plush Khan Market.It was becoming nearly impossible to shell out a significant Rs 8 lakh in rental payments per month amid dwindling sales.It was becoming nearly impossible to shell out a significant Rs 8 lakh in rental payments per month amid dwindling sales…
  • Cinema halls, spas allowed to open; lockdown extended till July 19
    12 July 2021, Hindustantimes.com
    As per the order issued on Sunday by Vijai Vardhan, the state chief secretary, cinema halls (in malls and stand-alone) have been allowed to open with 50% capacity, subject to strict adherence to Covid-19 safety guidelines The Haryana government on Sunday allowed the reopening of cinema halls, spas and swimming pools, with riders, and extended the ongoing lockdown till July 19. As per the order issued on Sunday by Vijai Vardhan, the state chief secretary, cinema halls (in malls and stand-alone) have been allowed to open with 50% capacity, subject to strict adherence to Covid-19 safety guidelines…
  • Grand inauguration of The Biggest Shopping Mall in Jayanagar
    10 July 2021, Bangaloretodays.wordpress.com
    Kalanikethan has a new address in Jayanagar and offers a refreshingly new experience. Spread over 10000 sft (3 floors), the experience just got bigger with 5000 Master Designers and 2 lakh varieties.The biggest shopping mall in Jayanagar was inaugurated by Ms Priyanka Upendra, renowned actress and the Guests of Honor were Ms Roopamouli, Founder – Sahaya Hastha Trust & Pinkathon Ambassador and Ms Reena Suvarna, ACP, Bangalore North.Great inaugural offers await the customers, including Ashadam Sale Upto 50% off on Kanjivarams, Designer Sarees, Fancy Sarees, Ghagras, Salwars, Dress Material, Western Wear, Men’s Wear, Kid’s Wear…
  • Punjab opens colleges, cinema halls, malls to those who got at least 1 dose of Covid vaccine
    09 July 2021, Devdiscourse.com
    The chief minister noted that due to the standard operating procedure in place for Covid and post-Covid care, Punjab has had much fewer cases of black fungus and deaths than most other states, including Haryana, and Delhi.While Punjab has so far reported 623 cases and 51 deaths due to black fungus, both Haryana and Delhi have seen over 1,600 cases each, with 193 and 236 deaths respectively…
  • Pacific Mall welcomes back customers with attractive discount offers
    09 July 2021, News.chennaipatrika.com
    Pacific Mall welcomes back customers with attractive discount offersPacific Mall welcomes back customers with attractive discount offersPacific Mall, Dehradun, reopens its doors after second wave with strict SOPs and skilled maintenance team on ground to deliver their customers a safe shopping experience…
  • COVID-19: Navi Mumbai launches drive-in vaccination at Grand Central Shopping Mall.
    08 July 2021, English.lokmat.com
    The Navi Mumbai Municipal Corporation on Thursday launched drive-in vaccination for the citizens at Grand Central Shopping Mall. People … The Navi Mumbai Municipal Corporation on Thursday launched drive-in vaccination for the citizens at Grand Central Shopping Mall. People will not have to stand in a queue and they will be administered the COVID-19 vaccine doses in their own vehicles. The facility has been set up in the basement parking lot at the mall for inoculating people. The Grand Central Shopping Mall is closed due to COVID-19 restrictions therefore it is being used for the vaccination drive…
  • How Travel Retail is changing the Food Retail Biz
    08 July 2021, Restaurantindia.in
    Airport retail is expanding at a very fast pace as souvenirs shops, luxury goods to F&B outlets and other brand experiences. Short Description The Indian Food and Beverages service industry has seen a remarkable growth in the recent past and it continues to expand rapidly. It is known to be one of the most dynamic industries in the country. The food and grocery retail sector accounts for 16 per cent of India’s GDP and by 2020, is pegged to contribute to 66 per cent of the total revenue of the retail sector…
  • Rules should cover both online, offline retail
    08 July 2021, Tribuneindia.com
    The need for consumer protection in the online and offline arenas should be kept in mind while formulating regulations for the e-commerce sector. The need to prioritise consumers’ interests is gradually being given primacy on the online platforms, judging by the new provisions in the draft guidelines. For instance, the new rules suggest that online marketplaces should be held liable for faulty or defective products.Sushma RamachandranSenior Financial JournalistAdvertisementBuy NowPowered By The Tribune x eReleGoOnline delivery of goods and services has become an essential part of our daily life…
  • A Look into the Consumer Retail Space through Covid Days
    07 July 2021, Outlookindia.com
    Retail companies expect gradual recovery from the second quarter with pent-up demand and easing of restrictionsDemand for retail products decreased internationally during the Covid-19, and companies in India faced a difficult two years. The pandemic resulted in a slowdown of the retailer’s function as consumer rates decreased. Retail revenue fell by 20 per cent on average year over year in FY2021. Most firms’income steadily recovered over the year. Throughout the year, cost-cutting initiatives were implemented to help manage cash flow. The majority of firms’gross margins decreased…
  • Phoenix Marketcity, Bengaluru welcomes its patrons to ‘Unlock’ the Ultimate Shopping Experience
    07 July 2021, Thisweekindia.news
    Bengaluru, 6 July 2021 : With the State Government’s directives to finally reopen malls as part of the third level of unlocking from July 5, PhoenixMarketcity, Bengaluru is all excited to welcome its patrons back to their favorite Shopping & Lifestyle destination! We are thankful to the government for its decision to allow functioning of the malls in an organized environment. With a vision to offer consumers an unparalleled shopping experience, Phoenix Marketcity is now geared up to start its operations in the “new normal”…
  • Pacific Mall, SDMC initiate ‘Say No to Plastic’ campaign
    07 July 2021, Indiaretailing.com
    Pacific Mall, Tagore Garden has joined hands with South Delhi Municipal Corporation (SDMC) to create awareness via a ‘Say No To Plastic Campaign’, pledgingto ensure 0 per cent plastic use in the shopping centre’s retail stores and food court. The initiative launched on International Plastic Bag Free Day conveyed the message in forms of posters, LED screens, and other collaterals around the mall for drawing visitors’ attention towards harmful impact of plastic on our environment and surroundings…
  • U’khand allows zoos, malls to open, shopkeepers look to mitigate losses
    07 July 2021, Retail.economictimes.indiatimes.com
    Dehradun: As part of the ‘unlock’ process, Uttarakhand on Monday allowed shopping malls and public places like zoos to open with 50% capacity. For shopkeepers who have been paying hefty upkeep costs while staying shut for three months, the opening of malls has come as a relief. Residents are equally excited about venturing out after a long time. On Tuesday, TOI visited some popular malls of Dehradun like Pacific Mall and Crossroad Mall. The re-opening of malls has come as a major relief to businessmen…
  • Delhi Unlock: Markets, malls reopen, Delhi Metro services resume, CM Arvind Kejriwal urges caution
    06 July 2021, Web.dailyhunt.in
    New Delhi: Shops in markets and malls reopened in Delhi on Monday, and other economic activities like registration of properties, offices and metroservices, also resumed after nearly one and a half months, following more relaxation of lockdown restrictions, even as Chief Minister Arvind Kejriwal cautioned people against any laxity. The Delhi Metro, the lifeline of the city, also started operating on Monday, but with 50 per cent seating capacity and no provision for standing travel for commuters. According to DMRC officials, the line utilisations performed till about 8 pm was around 4.5 lakh on Monday…
  • Maangalya Shopping Mall launches its 10th Store in Telangana
    06 July 2021, Businessnewsthisweek.com
    Chief Guest & Tollywood Actress of Uppena Fame, Ms Krithi Shetty; inaugurating the 10th Maangalya Shopping Mall in Hyderabad, at AS Rao Nagar, today; as Mr Kasam Namashivaya, Chairman, Maangalya Shopping Malls; applauds.Hyderabad: The Maangalya Shopping Mall – one of the largest family-owned textile kingdoms in this part of the Country, has launched its 10th shopping mall at the city’s fastest growing shopping hub, A.S. Rao Nagar, today…
  • Inorbit Malls among India’s Top 50 Best Mid-Size Places to Work At
    06 July 2021, Businessnewsthisweek.com
    Inorbit Malls Pvt. Ltd., one of India’s pioneers in mall culture, is among the top 50 best mid-sized companies to work forin the country this year, according to the annual survey conducted by the Great Place to Work® Institute. The firm was awarded the 41st rank out of over 10,000 participating organizations from 60 countries that were judged on the basis of anonymous employee feedback and the quality of people practices deployed at each organization…
  • Encouraging footfall at Bengaluru malls on day of reopening
    06 July 2021, Timesofindia.indiatimes.com
    Farheen Hussain & Mrinalini Bhat / TNN / Updated: Jul 6, 2021, 09:16 ISTBENGALURU: IT professionals and friends Chandrika K and Asiya P had their hands full of bags after three shopping hours on Monday. They had waited for retail therapy for more than five months. “I am not an online shopper and wanted to visit a mall,” Chandrika said. Asiya agreed. “We met each other after a long time and decided to shop together,” she said…
  • Karnataka unlock 3.0: Religious places, malls open; transport back to full capacity
    05 July 2021, Travel.economictimes.indiatimes.com
    These services will be available for the public till 9pm, as the government is imposing night curfew till 5am. After the state government announced further relaxation of restrictions on Saturday, shops, restaurants, malls, private offices and religious places began operations in full swing on Monday. Also, all public transport- buses and metro- were seen operating up to its seating capacity. These services will be available for the public till 9pm, as the government is imposing night curfew till 5am…
  • Karnataka Unlock: Malls, shopping complexes ready to open from Monday
    01 July 2021, Devdiscourse.com
    As the Karnataka government issued new guidelines to open malls and shopping complexes from Monday, malls and shopping complex owners in the state are also preparing to open their doors to customers while adhering to COVID-19 protocols. | Bengaluru (Karnataka) | Updated: 04-07-2021 18:24 IST | Created: 04-07-2021 18:24 IST Country: India SHARE As the Karnataka government issued new guidelines to open malls and shopping complexes from Monday, malls and shopping complex owners in the state are also preparing to open their doors to customers while adhering to COVID-19 protocols…
  • Delhi: SDMC declares malls in Saket, Vasant Kunj ‘single-use plastic free’
    03 July 2021, Timesofindia.indiatimes.com
    NEW DELHI: The South Delhi Municipal Corporation (SDMC) on Saturday declared that the Select City Walk, DLF Avenue Saket and MGF malls in Saket area, Ambience, DLF Promenade, and DLF Emporia malls in Vasant Kunj as ‘single-use plastic free’on the occasion of International Plastic Bag Free Day.”SDMC has declared Select City Walk, DLF Avenue Saket, MGF Saket, Ambience Vasant Kunj, DLF Promenade Vasant Kunj, and DLF Emporia mall free from Single-Use Plastic,” SDMC said in a Facebook post.Single-use plastics are meant to be thrown out immediately after use, such as bags, drinking straws, bottles and packaging…
  • Delhi Covid-19 unlock: Markets, malls permitted to operate from today-Business Journal
    03 July 2021, Business-journal.in
    The Delhi Disaster Management Authority (DDMA) has allowed the opening of all markets, market complexes and malls from 10 am to 8 pm from Saturday. Market Trade Associations (MTAs) and shopkeepers of the market have been assigned the responsibility of keeping a check on strict adherence of COVID-Appropriate Behaviour (CAB) in their respective market places, violation of which would result in shutting down of the particular market immediately, Delhi government’s order stated…
  • Indian retailers and wholesalers will now come under MSME sector, says Nitin Gadkari
    03 July 2021, Yourstory.com
    In a major relief to Indian retailers and wholesalers, Union Minister Nitin Gadkari said the move will benefit 2.5 crore traders from the community. CLAPS In a major relief to the Indian retail and wholesale traders, Union Minister for Micro, Small and Medium Enterprises (MSMEs), Nitin Gadkari, on Friday announced their inclusion under the MSME sector. In a tweet, the minister said, “Retail and wholesale trade were left out of the ambit of MSME…
  • ADIA-backed Lake Shore in talks to acquire Viviana Mall
    01 July 2021, Realty.economictimes.indiatimes.com
    The proposed deal assumes significance as it indicates global investors’ unabated interest in Indian mall developments and confidence that retail consumption will rebound once the Covid-19 pandemic is over. Viviana Mall is spread on a 13-acre land parcel on Thane’s on Pokhran Road and has total lease area of 1.7 million sq ft. It houses one of the largest multiplexes with 14 screens including Imax experience. GIC had picked up 49% stake in Viviana Mall from Sheth Group in early 2016. ET’s email queries to GIC and Lake Shore remained unanswered until the time of going to press…
  • How the Entertainment Industry is preparing itself for a possible 3rd Covid wave to avoid job losses
    01 July 2021, Hr.economictimes.indiatimes.com
    While the media and entertainment industry continues to battle the ongoing pandemic, is it prepared to receive a third blow? Though it’s difficult to predict the whims and ways of the virus, preparing for the worst is something to vouch for as the best way out. July 02, 2021, 07:00 IST By Markand Adhikari It is not an exaggeration to state that the 2nd wave of Covid-19 has managed to add fuel to this fire of unemployment in India…
  • 4 reasons that make Mall of India food court ahead of others
    01 July 2021, Restaurantindia.in
    Recently opened DLF Mall of India which is sort to be first of its kind ‘Destination Mall’ in India has also focused a lot on bringing the best of food brands and cafes under their roof. Short Description Today food business scenario is going through the biggest phase of disruption. From investors heavily investing into the food business to real estate people allocating more spaces to food brands , we can say that food business is projecting the growth of retail-real estate scenario in India…
  • Restrictions due to second wave of COVID to impact apparel retailers’ revenue growth
    01 July 2021, Theweek.in
    Apparel retail sector revenue to grow 15-20% in current financial year, says CRISILAs the COVID-19 cases surged in April and May, many states announced lockdowns, which included shutting down of non-essential retail stores. This has hit apparel retailers hard and ratings agency CRISIL now expects organised apparel retail sector revenue to grow 15-20 per cent in the current financial year, compared with its earlier expected 30-35 per cent.Localised restrictions starting from the second half of April this year resulted in pan-India average retail mobility (footfalls to retail stores) falling sharply to 36 per cent of the pre-pandemic level in May…
  • Mall developers may offer rent waiver during 2nd Covid-19 lockdown
    30 June 2021, Rediff.com
    While there was a sharp drop in footfalls in malls in H1FY21, there was reasonable recovery in H2. However, the second wave derailed the recovery.Many big mall developers such as Raheja-owned Inorbit Malls, DLF, and Lake Shore are looking at giving a waiver to retail stores in the lockdown during the second wave of the pandemic.Most of the states in the country have announced a lockdown since April this year after the second wave of the pandemic became evident.“We are considering it. Retailers don’t have money…
  • Chennai’s Express Avenue mall conducts vaccination drive
    30 June 2021, Timesofindia.indiatimes.com
    CHENNAI: Express Avenue mall in Chennai conducted a vaccination drive for more than 300 retail store employees.The vaccination drive was conducted on June 20 and 21 at the Central Atrium. The mall has made it mandatory for all store employees to get vaccinated.Kavita Singhania, MD Express Avenue, said, “ As part of our ethos and culture as inherited from our chairperson Saroj Goenka,we always look out for ways and means to give back to the community in however small or big way we can. For us safety of our team, employees & family members is of utmost priority…
  • Bengal govt urged to extend business hours in malls
    29 June 2021, Outlookindia.com
    Kolkata, Jun 28 (PTI) In the wake of the decline in Covid-19 infections in West Bengal, the Shopping Centre Association of India (SCAI) on Monday urged the state government to extend the operational hours for retail shops to 8 pm and up to 11 pm for food and beverage outlets in malls.The state administration allowed malls to operate from 11 am to 6 pm for stores and from 12 noon to 8 pm for restaurants. The outlets reopened on June 16 after being closed for 45 days due to restrictions imposed by the government to check the spread of coronavirus…
  • Bengal govt urged to extend business hours in malls
    29 June 2021, Outlookindia.com
    Kolkata, Jun 28 (PTI) In the wake of the decline in Covid-19 infections in West Bengal, the Shopping Centre Association of India (SCAI) on Monday urged the state government to extend the operational hours for retail shops to 8 pm and up to 11 pm for food and beverage outlets in malls.The state administration allowed malls to operate from 11 am to 6 pm for stores and from 12 noon to 8 pm for restaurants. The outlets reopened on June 16 after being closed for 45 days due to restrictions imposed by the government to check the spread of coronavirus…
  • Chennai malls reopen to lukewarm response
    28 June 2021, English.lokmat.com
    Chennai malls reopen to lukewarm response English.Lokmat.com Author : IANS | June 28, 2021 03:36 PM Chennai, June 28 Malls, commercial complexes and temples across Chennai and its adjoining districts Chengelpettu, Kancheepuram and Tiruvallur … Chennai malls reopen to lukewarm response Chennai, June 28 Malls, commercial complexes and temples across Chennai and its adjoining districts Chengelpettu, Kancheepuram and Tiruvallur reopened with 50 per cent capacity after nearly one month on Monday, but most places saw low footfalls…
  • Digital Mall of Asia is operational in Haryana

    28 June 2021, Businessnewsthisweek.com
    With on and off lockdown measures and constant fear of getting sick much of the urban population has opted to be safe and stay at home.While the rural population still has no fear of visiting the local market, the same is not true for the urban population and hence e-commerce has become an essential service. With numerous platforms already on the radar of the consumer Digital Mall of Asia, it has also thrown its hat for consideration with its different approach for consumers and retailers who get onboarded…

  • Reimagining India’s future through video
    28 June 2021, Cio.economictimes.indiatimes.com
    This major transformation, which involves the move to digitise physical access and integrate them with video management systems, will enable organisations to correlate metadata of people’s activities and behaviours.The Covid-19 pandemic has ravaged one nation after another, leaving economies and businesses in shambles. The vaccination drive kickstarted aggressively across the globe now offers a ray of hope for recovery. India is also witnessing the second wave of the pandemic subsiding on the back of its vaccination drive…
  • Shopping complexes, malls to open in Chennai, neighbouring districts
    26 June 2021, Thehindu.com
    Chief Minister M.K. Stalin on Friday announced several relaxations even while extending the COVID-19 lockdown till 6 a.m. of July 5. Shopping complexes and malls will reopen in Chennai and surrounding districts (category 3) and intra- and inter-district bus transport will resume in 23 districts (category 2) from Monday. Additional relaxations have been offered in 11 districts in western and central Tamil Nadu, where a stricter lockdown is in force because of a higher infection rate. In Chennai, Tiruvallur, Kancheepuram and Chengalpattu districts, private offices can function with 100% workers, and shopping complexes and malls can function between 9 a.m. and 7 p.m…
  • Gurgaon malls report recovery: ‘Footfall 30% of pre-pandemic levels’
    24 June 2021, Msn.com
    At Ambience Mall, for example, officials said they are seeing a footfall of almost 50,000 people on the weekends. “We are having quite a good footfall. It is also due to the continuous vaccination drives we hold and safety measures. On weekends, we are getting almost 50,000 people as compared to the footfall of 80-85,000 people on weekends before Covid hit. The numbers still haven’t reached pre-pandemic levels, but barely one month has passed since malls have reopened. This is a good recovery in terms of footfall,” said an official from Ambience Private Limited…
  • NCR retailers decide not to shut shops after mall owners agreed to discuss rental issues
    24 June 2021, Economictimes.indiatimes.com
    The development comes barely a day after the motley group of retailers including Aditya Birla Fashion, Arvind Fashions, Bestseller Retail, Skechers, Iconicdepartment store chain, Adidas, Reebok, Puma among other retailers and brands, had on Tuesday collectively requested malls to move to a “sustainable and viable” rental structure and said the Covid-19 crisis has hit retailers hard…
  • News COVID-19 first vs second wave: How does it stack up for commercial real estate?
    23 June 2021, M.dailyhunt.in
    COVID-19 first wave perhaps hit the hospitality sector the hardest. The second wave of COVID-19 came in as a rude shock.While there was a relative improvement in sentiments in October and November 2020, the pandemic reversed all the gains. Many offices which had been promoting work-from-home, especially the larger IT/ITES/BFSI companies, had started to believe that they would be in a position to get some of their work forces back to office in the June quarter of 2021 but that was not to be…
  • How Retail Industry can Offset the Impact of Covid-19?
    23 June 2021, Indianretailer.com
    Retailers need to take into account that consumers have become more conscious of health, hygiene, and safety norms and retailers need to manage these expectations at all stages of their interactions.Guest authorThe Indian retail market is the 5th largest global destination in the retail space and is considered to be one of the most dynamic and fast-growing sectors.According to the Retailers Association of India, the retail industry achieved 93 percent of pre-Covid sales in February 2021…
  • Mall operators plan to review rental deals every month
    23 June 2021, Economictimes.indiatimes.com
    This is a departure from the strategies last year when malls announced quarterly slabs of rental reliefs for almost nine months well in advance.This year they will take a call every month based on the performances of the businesses. Mall operators are planning to take the call on rent reliefs to tenants depending on the market condition every month, even as retailers have threatened to shut their shops in the malls of the National Capital Region for two days this week seeking a lenient and quick decision on rentals…
  • COVID-19 first vs second wave: How does it stack up for commercial real estate?
    23 June 2021, Msn.com
    Some companies will also become cautious in taking their full requirements in one go and may choose to work in managed workspaces under a similar flex model as they observe how 2022 and beyond would unfold. While foreign investments would remain high in good quality leased commercial buildings, I also see the risk return expectations reduced for new developments under construction by large and credible developer partners. The spaces of the future will also need to incorporate modifications sought by tenants for health and safety…
  • Vadodara mall installs 500kg sculpture to pay tribute to covid warriors
    23 June 2021, Nyoooz.com
    In order to pay their tribute to COVID warriors, Vadodara’s Inorbit Mall has installed a 500 kg sculpture to honour them. Since the beginning of the pandemic, there are a group of people who put their nation ahead of themselves to constantly perform their duties and fight coronavirus from the frontline. We have constantly been grateful to have such brave covid warriors among us. In order to pay their tribute to COVID warriors, Vadodara’s Inorbit Mall has installed a 500 kg sculpture to honour them…
  • Malls reopen to low footfall as Covid fear keeps shoppers away
    22 June 2021, Timesofindia.indiatimes.com
    Noida/Ghaziabad: Malls across Noida and Ghaziabad reopened after nearly two months on Monday, but most places saw low footfalls. However, shop and restaurant owners are hopeful of more customers by the end of the week.“There were very few customers on the first day, but we expect business will increase by the weekend. A bit more relaxation in timings may benefit us. We are following all guidelines of the administration and shutting shops on time,” said Varun Khera, head of the Noida chapter of the National Restaurant Association of India…
  • Return to normal: Two months on, eateries, malls spring back to life in Lucknow
    22 June 2021, Retail.economictimes.indiatimes.com
    The city was back to business with further easing of Covid curbs on Monday. After being shut for 65 days, hotels, restaurants and malls were abuzz again. The city was back to business with further easing of Covid curbs on Monday. After being shut for 65 days, hotels restaurants and malls were abuzz again. About 50% of the restaurants that reopened witnessed an encouraging response on Day1, while malls too had a decent footfall of shoppers. eateries and malls took due precautions…
  • Delhi Lucknow’s malls, restaurants re-open to limited crowds
    21 June 2021, M.dailyhunt.in
    LUCKNOW Malls and restaurants in Lucknow reopened with 50% occupancy on Monday after a closure of almost two months that was initiated in April in wake of the second wave of Covid.With the state government announcing relaxations in the Covid Curfew guidelines, night the curfew will now be effective from 9 pm to 7 am. Though only a few people turned up at malls, they welcomed the move, saying ‘it’s like heading back to normal…
  • Post-COVID times will see retail, The entertainment industry bounce back with a steady recovery
    21 June 2021, Yourstory.com
    In a recent panel discussion on YourStory’s Daily Dispatch, RAI CEO Kumar Rajagopalan, Inorbit Malls CEO Rajneesh Mahajan, andInox Leisure CFO Kailash Gupta share key insights into the journey and future roadmaps of the Indian retail industry amidst the pandemic. CLAPS According to Forrester Research, the Indian retail the industry is estimated at $883 billion in 2020. The sector, one of the fastest-growing, however, took a massive hit amidst the second COVID-19 wave…
  • Uttar Pradesh Unlock: Restaurants, malls allowed to open with 50% capacity; schools, gyms to remain closed
    21 June 2021, Firstpost.com
    Night curfew has been relaxed by two hours but the weekend lockdown will continue in the state of Uttar Pradesh has relaxed some restrictions that were brought in place due to the COVID-19 pandemic. With a decrease in the number of coronavirus cases, the state has decided to reopen more services. According to an order issued by RK Tiwari, Chief Secretary on Saturday, 19 June, the relaxations will be implemented from Monday, 21 June…
  • ‘Cooped up’Indians throng malls and markets weeks after Covid surge
    20 June 2021, Timesofindia.indiatimes.com
    NEW DELHI: A few weeks ago, New Delhi’s crematoriums were operating around the clock dealing with Covid-19 victims. Now the Indian capital’s shopping malls and markets are buzzing again. But doctors are worried that India is letting its guard down again, just like in January and February before a devastating coronavirus surge that led to a near-collapse of the healthcare system…
  • As malls open up, Bajaj Foundation joins hands with DLF and Fortis Escorts to make Covid Vaccination accessible to mall visitors
    20 June 2021, Businessnewsthisweek.com
    Both doses of Covishield & 2nd dose of Covaxin will be administered to any walk-ins for 18 years and aboveNew Delhi, June 20, 2021: In an effort to further vaccinate Indians faster and to steer clear of the third wave, Bajaj Foundation, a non-profit organization, has partnered with Fortis Escorts to start another COVID-19 vaccination drive at DLF Avenue Saket, New Delhi. The drive aims to normalise the vaccine experience with the comfort of visiting the mall with your loved ones…
  • Restaurants, malls to reopen at 50% capacity in UP, weekend lockdown to continue
    20 June 2021, Indianexpress.com
    All establishments in Uttar Pradesh will be allowed to function between 7 am to 9 pm during the weekdays.Malls and restaurants in Noida and Ghaziabad will be opening with limited capacity from Monday onwards as part of un-lockdown. UP government, last week, had decided to issue more relaxations with Covid cases across the state dipping. Noida reported 8 cases with the tally of active cases coming down to 133…
  • Gurugram pubs, restaurants offer heavy discounts to vaccinated customers – Details
    20 June 2021, Web.dailyhunt.in
    Gurugram: In a bid to encourage people for COVID vaccination, several pubs and restaurants in Haryana’s Gurugram are offering heavy discounts to customers who have taken COVID-19 vaccine jabs. According to reports, restaurants and pubs at Cyber City are offering 50 per cent discount to those who are fully vaccinated and 25 per cent to the ones inoculated with the first jab. While speaking to media, a pub and director Yudhvir Singh said, “Special offers will not only cater to more business but also ensure safety…
  • Delhi Unlocks: Malls Wear Deserted Look, Markets Witness Overcrowding With Violation of Safety Guidelines
    20 June 2021, Web.dailyhunt.in
    New Delhi : Even days after the Arvind Kejriwal government announced unlock plans in the national capital, many shopping malls were seen wearingdeserted looks while the local markets witnessed overcrowding with many violating the safety guidelines. Notably, this overcrowding at marketplaces has become a major cause of concern as experts have warned of a third COVID wave that would be more severe than the second one. As per a report by India Today, overcrowding was seen at Ghazipur Mandi with some people buying vegetables without wearing masks or maintaining any social distance…
  • Ambience Mall in Haryana’s Gurugram Has Special Discounts for Frontline Health Workers…. – Latest Tweet by ANI
    20 June 2021, Latestly.com
    Ambience Mall in Haryana’s Gurugram has special discounts for frontline health workers. “As token of appreciation, we’ve introduced free parking services & special discounts in stores for them. They just need to show their id cards to avail them,”said Geeta from mall admin(19.06)…
  • Pune admn rolls back some unlockdown norms: Malls, parlours, restaurants and bars to remain shut on weekends
    19 June 2021, Indianexpress.com
    The civic body on Friday announced that malls, salons, beauty parlours, spas, restaurants, bars and food courts will remain shut on weekends.After granting some major relaxations in Covid restrictions for Pune residents earlier this week, the municipal corporation has decided to act cautious and roll back some of them. The civic body on Friday announced that malls, salons, beauty parlours, spas, restaurants, bars and food courts will remain shut on weekends. Even non-essential shops will remain shut on weekends.The PMC has also decided to continue with prohibitory orders restricting the gathering of five or more people…
  • Most big mall developers may waive rent for recent Covid-19 lockdown
    19 June 2021, Business-standard.com
    Many big mall developers such as Raheja-owned Inorbit Malls, DLF, and Lake Shore are looking at giving a waiver to retail stores in the lockdown during the second wave of the pandemic.Most of the states in the country have announced a lockdown since April this year after the second wave of the pandemic became evident.“We are considering it. Retailers don’t have money. How will they pay? We have to support them,” said Rajneesh Mahajan, chief executive at Inorbit Malls, which runs malls in Mumbai and Navi Mumbai, among others.Inorbit gave a waiver to retailers during the lockdown last year…
  • Karnataka news: Panel recommends government to reopen malls, markets – Report
    17 June 2021, Timesnownews.com
    The panel has recommended the Karnataka government to reopen malls, markets and other places from June 21.One of the worst-hit states with COVID-19, Karnataka reported all-time high number during the second wave of the infection. The state breached all its past records and also witnessed over 50,000 cases per day. The situation there is coming under control now and the single-day numbers have fallen below the 10,000-mark.The surge in the COVID-19 cases saw the state government imposing a lockdown. The lockdown has ended and the government lifted certain curbs on June 14…
  • Over 4 lakh jabbed, Chandigarh to focus on vaccinating staff in malls, shops
    17 June 2021, Indianexpress.com
    With 70,000 new vaccines expected to be procured in a few days, the plan is to coordinate with market committees across the city, and organise open sessions after 12 noon for this priority group in various health and wellness centres, dispensaries and community centres in the city.Till now, 4,24,931 people have been administered the Covid-19 vaccine inChandigarh. With vaccination considered the most important tool after masking up to prevent and control new infections, the focus will now be to reach out to priority and vulnerable groups…
  • News Unlock India: Malls, theatres, hotels open up, albeit with air of caution
    17 June 2021, M.dailyhunt.in
    With lockdown-like restrictions being eased across India, and a reduction in daily COVID-19 cases, businesses across the country are opening up.Malls, hotels, theatres and retail showrooms are crawling back to normalcy. However, there is a wave of caution around. With talks of a third wave of COVID-19, retail outlets and theatres are not completely open. Across the country, state governments have removed stringent movement conditions, so that customer-facing outlets like hotels and malls can open up. Timing restrictions still continue in places like Mumbai and Bengaluru…
  • Kolkata malls get mixed reactions on reopening after over a month
    17 June 2021, Devdiscourse.com
    Vibes are positive but footfall is not very high due to lack of public transport and restriction on movement of private cars, Acropolis Mall head K Vijayan said.South City mall management said they received a better response this time than the first day of the reopening after lockdown 1.We had a footfall of around 10,000 today which is higher in comparison with the first day of previous unlock when we had received about 7,000 footfalls…
  • Inorbit Mall Whitefield vaccinates over 458 retail partners & staffs under the #InorbitCares initiative
    17 June 2021, Businessnewsthisweek.com
    Bengaluru, June 16, 2021: As the Bengaluru city slowly embraces the unlock after the second wave of Covid 19, Inorbit Mall Whitefield organized avaccination camp for its retail partners and staff during the weekend. This initiative under #InorbitCares has been planned in association with the Retailers Association of India. The vaccination camp was set up at the Inorbit Mall’s premises following all the laid down guidelines and around 458 staffs are vaccinated so far…
  • DLF Malls reopen with ‘Safety as Priority’
    17 June 2021, Ianslive.in
    New Delhi, June 17 (IANSlife) The largest chain of premium and luxury retail properties, DLF Malls, has reopened its doors to customers with fully vaccinated employees, retail partners and staff. In addition to this, malls will function as per the government set guidelines on social distancing, adhering to all restrictions, enabling the customers to shop in a secure environment. DLF Malls will now be the safest retail destination in the city…
  • Business recovery: Malls, restaurants pin their hopes on faster Covid-19 vaccination
    16 June 2021, Financialexpress.com
    A quick recovery will also help some malls support their staff, many of whom had been temporarily taken off payrolls due to stretched finances. Viviana Mall, for instance, had to cut about 50% of its employee strength during the lockdown. All of them are yet to get back to work.If a shopper earlier spent Rs 1,000 on an average, he is spending Rs 1,600 now. Among product segments, electronics has already seen a near 100% recovery while departmental stores and active wear categories are clocking significant sales…
  • Bhopal: Malls, restaurants reopen to low footfall; 10-30 % business on reopening day; All you need to know
    16 June 2021, Freepressjournal.in
    As per the guidelines, restaurants and gyms are allowed to admit 50% of the customers into their establishments, however, there is no fixed number of customers for malls. Restaurants and malls in the city have reopened after a gap of almost two months on Wednesday to low footfalls. The fear of infection and lack of information about the date of reopening were responsible for the poor customer response, say owners and managers of the restaurants and shops. They said that their business on the first day was 10-30% of the normal…
  • Inorbit Mall Malad and Vashi Kick Off A Vaccination Drive through For Its Customers and A Special Camp For Its Brand Staff Under The #Inorbitcares Initiative
    16 June 2021, Businessnewsthisweek.com
    The most popular and loved malls in the city of Mumbai and Navi Mumbai have kicked off a drive through vaccination for its customers.In addition to this a special camp is also set up for vaccinating the brand staff. With safety of customers and employees becoming a top priority, the malls have rolled out the drive through vaccination program under #InorbitCares – an Inorbit iniative. Inorbit is taking efforts to ensure that each and every staff is vaccinated. Until now 1800 number of people have been vaccinated which include both customers and the staff…
  • Kolkata malls open up after 45 days | Ground Report
    16 June 2021, News.abplive.com
    Malls in Kolkata have finally resumed. Though shopkeepers are not expecting a high footfall but, they are happy that at least they will have some business. Meanwhile, the state was under lockdown for more than 45days, and before the unlock, strict guidelines were issued. Malls will only be functioned from, 11 am to 6 pm…
  • Retail sales fall 79% in May, unlock to bring relief: RAI survey
    16 June 2021, Business-standard.com
    A survey by the Retailers Association of India (RAI), released on Tuesday, shows that the fall in retail sales was sharper in May versus April amid a surge in Covid-19 infections.The decline in sales was 79 per cent in May, versus a drop of 49 per cent seen in April, as lockdown curbs increased across the country. However, RAI expects business sentiment to improve in June as the unlock programme gets underway.States such as Delhi, Gujarat, Uttar Pradesh and Maharashtra have begun unlocking businesses in June, with the process expected to accelerate in the weeks ahead…
  • Malls, restaurants to reopen with 50% capacity from June 21 in Noida, Ghaziabad
    16 June 2021, Hindustantimes.com
    The Uttar Pradesh government on Tuesday decided to relax night curfew timings and allowed malls and restaurants to partially open from June 21 The Uttar Pradesh government on Tuesday decided to relax night curfew timings and allowed malls and restaurants to partially open from June 21. The new curfew timings will be from 9 pm to 7 am. Earlier, it was between 7pm to 7am. Markets will still be required to shut on weekends for sanitisation…
  • Malls seek approval toresume biz next week
    16 June 2021, Deccanherald.com
    Mall managements are urging the government to allow them to reopen by June 21. Restrictions were eased on Monday after a strict 28-day lockdown.The government has said ‘essential services’ can resume, but malls and cinema halls do not fall into this category. With widespread vaccination and stricter protocols, the crowds will come back, mall managements expect. Nexus Malls owns three properties in Bengaluru — Forum in Koramangala, and Forum Neighbourhood Mall and Forum Shantiniketan in Whitefield. Manoj Singh, cluster director, told Metrolife , “Almost 95 per cent of the staff in our Bengaluru malls have been vaccinated…
  • Drive-through vaccination facility kickstarts in Delhi”s Pacific Mall
    16 June 2021, Outlookindia.com
    New Delhi, June 15 (PTI) A shopping mall in west Delhi and a private hospital have jointly started a month-long drive-through vaccination facility where Covishield is being administered at Rs 780 per dose, according to a statement issued on Tuesday.The Union Health Ministry had announced on June 8 a price cap for the administration of COVID-19 vaccines in private facilities. The maximum price for Covaxin and Covishield has been fixed at Rs 1,410 and Rs 780 per dose respectively in private facilities.Pacific Mall Tagore Garden and Sri Balaji Action Multi Speciality Hospital have started the drive-through vaccination facility…
  • Shopping Malls, Eateries To Open In UP From June 21
    16 June 2021, Thehawk.in
    New Delhi: With Covid cases declining steadily in Uttar Pradesh in the recent weeks, Chief Minister Yogi Adityanath has decided to further ease restrictions from June 21. According to a government spokesman, shopping malls and restaurants will be allowed to open from June 21 with 50 per cent capacity and strict adherence to Covid protocols. Parks will also be open from June 21 while street vendors will be allowed to do business as usual. However, a Covid helpdesk will be set up at all these places…
  • Delhi unlock: Restaurants to reopen with 50 pc capacity; malls, markets to open daily, says Kejriwal
    16 June 2021, Yourstory.com
    “All activities, except certain prohibited ones, will be allowed from 5 am on Monday. There are also certain restricted or partly allowed activities announced last week that will continue,” Kejriwal said in an online briefing. CLAPS Restaurants with 50 percent capacity, weekly markets and religious places will reopen in Delhi from June 14, Chief Minister Arvind Kejriwal announced on Sunday, saying the COVID-19 situation has significantly come under control in the city. Salons, beauty parlours and barber shops closed since the imposition of lockdown on April 19, will also reopen from Monday, officials said…
  • As crowds throng malls & train stations in Delhi, experts warn ‘rushing things can lead to Covid resurgence’
    16 June 2021, Timesnownews.com
    Doctors have said that the near-complete unlocking of the national capital is a matter of concern right now. The authorities have said that they will reimpose curbs if the cases begin to rise.New Delhi: Thousands of people were seen crowding the shopping malls and underground train stations in the national capital. Experts have now warned that such behaviour could lead to a resurgence in the number of coronavirus infections in Delhi…
  • Alarm rises in India over COVID-19 risks as crowds return to malls and rail stations
    15 June 2021, Economictimes.indiatimes.com
    After a strict five-week lockdown, authorities in Delhi have fully re-opened shops and malls, and allowed restaurants to have 50% seating.Suburban rail networks can run at 50% capacity, and offices have been partially reopened. Having barely got over a devastating second wave of coronavirus infections, India was gripped with alarm on Tuesday over risks of a resurgence as crowds thronged railway stations and shopping malls a day after major cities relaxed curbs on movement…
  • India UP allows malls, restaurants to open with 50 per cent capacity
    15 June 2021, M.dailyhunt.in
    Lucknow, June 15: The corona curfew will be further relaxed in Uttar Pradesh, which have been in place to check the spread of COVID-19.According to the latest relaxation, the night curfew timing has been revised to 9 pm to 7 am. The decision was taken during a high-level meeting chaired by UP CM, Yogi Adityanath. As per the latest relaxations, restaurants and malls have been allowed to open with 50 per cent of their capacity by following all necessary protocols…
  • Alarm rises in India over COVID-19 risks as crowds return to malls and rail stations
    15 June 2021, Devdiscourse.com
    Having barely got over a devastating second wave of coronavirus infections, India was gripped with alarm on Tuesday over risks of a resurgence as crowds thronged railway stations and shopping malls a day after major cities relaxed curbs on movement. | Updated: 15-06-2021 15:42 IST | Created: 15-06-2021 15:42 IST SHARE Having barely got over a devastating second wave of coronavirus infections, India was gripped with alarm on Tuesday over risks of a resurgence as crowds thronged railway stations and shopping malls a day after major cities relaxed curbs on movement…
  • Retail sales in India down 79% in May this year as compared to May 2019: Survey
    15 June 2021, Cfo.economictimes.indiatimes.com
    Retail sales in India slumped by 79% in May compared to the same month in pre-pandemic year of 2019, survey by the Retailers Association of India (RAI) showed. The study said that sales of food and grocery business dropped by 34% for the month compared to the same period in 2019.Retail sales in India slumped by 79% in May compared to the same month in pre-pandemic year of 2019, a new survey showed…
  • Covid restrictions: Liquor not allowed to be served in hotels, restaurants in Delhi
    15 June 2021, Newindianexpress.com
    All liquor shops in markets, malls and market complexes (outside containment zones) are allowed to operate between 10 am to 8 pm, it said.NEW DELHI: Booze lovers will have to wait for some more days before they could enjoy drinks at their favourite spots, as serving liquor at bars in hotels, clubs and restaurants in the city is yet not allowed, clarified Excise department.With a significant improvement in the COVID-19 situation in the national capital, liquor shops and restaurants that were closed after the imposition of lockdown in April have reopened now…
  • DLF Malls re-opens properties, vaccinates staff, retail associates
    14 June 2021, Livemint.com

    On Monday, Delhi eased some more curbs for markets – doing away with its earlier odd-even formula for malls and markets. Malls have been seeking relaxations, as businesses have faced significant losses amid lockdowns DLF Avenue in Saket, DLF Promenade in Vasant Kunj, DLF Emporio in Vasant Kunj, The Chanakya- Chanakyapuri and DLF CyberHub in Gurugram opened to the public on 7 June, having remained shut since the lockdowns began in April. Meanwhile, DLF Mall of India, Noida is yet open as the Uttar Pradesh government is yet to remove restrictions on opening up of shopping centres…

  • Phoenix Mills vaccinates 15,000 personnel across malls, residential, office projects
    14 June 2021, Hr.economictimes.indiatimes.com
    The company has organized vaccination drives covering its employees, their family members, retail staff, contractual staff and third-party associates across India spanning 9 malls in 6 cities and commercial properties, Phoenix Mills said in a release. June 14, 2021, 19:59 IST The Phoenix Mills India ‘s largest retail-led mixed-use asset developer and operator, has vaccinated over 15,000 employees, associates and retailer staff through vaccination camps held at all Phoenix malls across the country and aims to vaccinate more personnel through this drive. “India’s war against the pandemic is on two fronts: health and recovery in commercial activity…
  • Growel’s 1O1 Mall inoculates employees ensuring super safe shopping
    14 June 2021, Apnnews.com
    Ahead of the reopening of the malls under the Break the Chain order of the Maharashtra Government, Growel’s 1O1 Mall, Suburban Mumbai’s favourite Family destination, with support of the MCGM organised a COVID – 19 Vaccination drive to inoculate the mall’s employee and staff members on Sunday, June 13, 2021.Growel’s 1O1 Mall has been ensuring a safe shopping environment for its customers and its employees & staff members. Throughout the pandemic, the mall has adhered to stringent protocols and SOPs to ensure outmost hygiene and safety…
  • Karnataka High Court Refuses To Entertain Plea For Free Car Parking Space In Malls, Multiplexes
    14 June 2021, Livelaw.in
    “Somebody incurs a cost for maintaining the parking space at a cinema hall. How can it be free?”, the bench asked. The Karnataka High Court on Monday refused to entertain a petition filed by a social activist seeking directions to the authorities to ensure that Commercial Complexes (Malls), do not collect parking fee/charges from their customers/visitors. A division bench of Chief Justice Abhay Oka and Justice Suraj Govindaraj allowed the counsel appearing for petitioner Dinesh Kalahalli to withdraw the petition…
  • DLF Malls reopen with ‘Safety as Priority’ yet again; ensure vaccination for all employees and partners
    14 June 2021, Apnnews.com
    DLF Malls,the largest chain of premium and luxury retail properties has reopened its doors to customers with fully vaccinated employees, retail partners & staff. In addition to this, malls will function as per the government set guidelines on social distancing, adhering to all restrictions, enabling the customers to shop in a secure environment. DLF Malls will now be the safest retail destination in the city.DLF Avenue- Saket, DLF Promenade- Vasant Kunj, DLF Emporio – Vasant Kunj, The Chanakya- Chanakyapuri and DLF CyberHub- Gurugram opened its doors to the public on 7 th June…
  • Covid-19 curbs till June 30; offices, restaurants to open with restrictions
    14 June 2021, Millenniumpost.in
    Kolkata: Extending the safety restrictions in view of Covid until June 30, the Mamata Banerjee government announced a set of relaxations in order to facilitate the resumption of economic activities allowing the functioning of government and private offices, restaurants and retail shops in shopping malls by following the set guidelines.Chief Minister Mamata Banerjee said: “We need to look at saving lives and restoring jobs. So, it is better to allow certain activities instead of a complete shutdown.” She has also stated that already two crore people in the state have been vaccinated…
  • All markets and Malls to open in Delhi today after further easing of restrictions
    14 June 2021, Newsonair.com
    All markets and Malls will open in the national capital from today with certain restrictions. Delhi Chief Minister Arvind Kejriwal announced more relaxations in lockdown restrictions as a part of reopening the National Capital in a phased-manner. As per the new directions, all market complexes and malls can now re-open from 10 am to 8 pm without following the odd-even criteria. The restaurants will be allowed to open at 50 per cent seating capacity from today. Mr Kejriwal announced that weekly markets will resume activity, but only one market will open in one zone…
  • Malls, restaurants in Delhi can now open: All you need to know about Covid curbs
    13 June 2021, Hindustantimes.com
    Covid-19 lockdown in Delhi: All educational institutions such as schools, colleges and other academic organisations will remain shut, the CM said. All kinds of religious, social and cultural gatherings will also remain suspended. Delhi chief minister Arvind Kejriwal on Sunday announced that the city will ease its ongoing lockdown in view of the declining cases of the coronavirus disease (Covid-19) from Monday. “After 5am tomorrow, all activities will be allowed except some activities that will be prohibited and some activities that will be done in a restricted manner…
  • Inorbit Malls to vaccinate all employees through #InorbitCares initiative
    13 June 2021, Indiaretailing.com
    Inorbit Malls Pvt Ltd has an ongoing Covid-19 vaccination drive for its employees, retail partners as well as visitors at its centers in Mumbai, Bengaluru, Hyderabad and Vadodara.The company kicked off the vaccination drives under #InorbitCares initiative, under which, it aims to have each and every employees, retail staff and agency workers vaccinated.The multi-city vaccination drives is being conducted in collaboration with local bodies. Inorbit Hyderabad is one of the first malls in the city to roll out a vaccination camp for the employee and retail staff…
  • No Further Relaxations in Mumbai: Rain, Influx of Migrants May Hamper Covid Protocol, Says BMC
    12 June 2021, Msn.com
    The same restrictions will continue across the city, which is to see no fresh relaxations in curbs for now. The decision comes even as many cities like Pune and Nagpur are set to open up further owing to a decline in cases. Maharashtra has announced a five-step unlock plan. Under the guidelines, the state’s districts have been divided into five levels – based on weekly positivity rate and oxygen bed occupancies…
  • Covid deals a huge blow to Chennai’s plans for new malls
    11 June 2021, Retail.economictimes.indiatimes.com
    Lack of investors to absorb new retail space and sales hit further by the second wave, have adversly impacted malls in and around the city. For instance, a leading construction firm that was planning a large mall in north Chennai is having a rethink as it is unable to find investors for the retail space in the present scenario. However, mall operators are bullish about a quick recovery unlike last year when malls were the first facilities to be shut down and the last to be reopened to avoid crowding in public spaces to control the spread of Covid-19…
  • Shops in Pune can remain open till 7 pm, restaurants till 10 pm
    11 June 2021, Indiatoday.in
    Malls and shops in Pune will be open from Monday till 7 pm. Hotels, restaurants, and eateries can also function till 10 pm for dine-in with 50 per cent seating capacity by adhering to social-distancing norms. Amid a further dip in positivity rate, Pune will go in for more relaxations, the Maharashtra Deputy Chief Minister Ajit Pawar announced on Friday.”Since the positivity rate of Pune city has gone below the 5 per cent, the administration has decided to give more relaxations to the city,” said Pawar, who is also the guardian minister of Pune district…
  • Day 2 of Chandigarh Unlock: Rush increases in malls, safety norms for a toss in markets
    10 June 2021, Indianexpress.com
    An official from the Elante Mall management confirmed, “There were at least five people who shopped for over Rs 1 lakh today.” On Day 1 of its reopening, Wednesday, Elante mall had seen a footfall of 9000 people till 4pm.The footfall in malls, clubs, and eateries of Chandigarh gradually started to pick up on Thursday, a day after their reopening after being shut for more than a month due to a Covid-induced lockdown…
  • Malls across Delhi, Gurgaon ensure staff get vaccinated
    10 June 2021, Msn.com
    This week, malls and shopping centres were permitted to reopen in the two cities and have reported good footfall. While shops are running on an odd-even basis in Delhi, all stores in Gurgaon malls are open and restaurants can operate at 50% capacity. Officials said each mall has seen a footfall of at least 25,000-30,000 people on weekends, with many customers shopping at retail stores. At Ambience Mall in Gurgaon and Delhi, over five vaccination drives have been conducted since April for mall staffers and tenant staffers…
  • The Progressing Retail Sector & The Way Forward
    10 June 2021, Bwmarketingworld.businessworld.in
    Strengthening the business tactics with AI-empowered services, facial recognition, voice commands, digital logins and many other features, the retail sector seems to be taking the road to exploration The retail industry in India has been flourishing by the day. The sector is witnessing new horizons of success, thanks to the transformation that technology has brought to the country. The technological revolution in India has been aiding the retail industry to cut through the obstacles and resolve the conventional challenges to expand the reach and the profitability of the industry…
  • Wake-up Call
    10 June 2021, Businesstoday.in
    As business came to a standstill during last year’s lockdown, food retail companies and restaurants embraced technology to stay afloat Mumbai-based fine-dining restaurant, Bombay Canteen’s Mother’s Day Brunch, along with fancy cocktails and music, is something many upmarket residents of Maximum City look forward to every year. However, for the second consecutive year, Mother’s Day had to be celebrated indoors because of the lockdown…
  • Chandigarh: Many bars still closed, but Sukhna Lake, Elante Mall report good response
    10 June 2021, Msn.com
    Even though the Chandigarh administration has allowed bars in the city to reopen with up to 50% seating capacity, many outlets remained closed onTuesday even as a moderate rush of people was seen at the Sukhna Lake and at the Elante Mall. Chapter head of the National Restaurant Association of India (NRAI) and proprietor of Pyramid at Elante Mall, Sunveer Sondhi, said, “We welcome the orders of the Chandigarh administration, but we didn’t open on Tuesday. Most of the staff had gone back to their native villages, so many places are facing manpower crunch…
  • THE FUTURE OF MALLS
    09 June 2021, Face2news.com
    By Rishabh Mehra, Founder, Digital Mall of Asia This age-old question of staying relevant never gets old, as the malls 10 years ago were battling the same questions as they are now. In the year 2011, there was an article in Harvard Business Review magazine about what will happen in the next five years in technological advancements and how the future of retail will shape accordingly…
  • Select CITYWALK publishes detailed SOPs for retailers, visitors
    09 June 2021, Indiaretailing.com
    Leading shopping centre Select CITYWALK, which reopened in part on June 7 after nearly two months of being non-operational, has pledged to adhere tofollowing strict SOPs as per government directives to ensure utmost safety, sanitization and social distancing as required for the post-COVID-19 environment.The detailed SOPs will cover requisite parameters across public spaces, retailer and visitor guidelines etc. Business hours at the mall will be limited to 10 am to 8 pm on an odd-even basis, with one half of the outlets open on odd days and the rest open on even days…
  • Phoenix Marketcity Bengaluru Vaccinates All its Staff Against COVID-19
    09 June 2021, Apnnews.com
    Published on June 9, 2021Bengaluru,: Phoenix Marketcity, city’s renowned lifestyle engagement destination organized a vaccination drive for all its direct & indirect staff against COVID-19 to ensure the safety of its team and to provide the safest shopping environment for its customers when it reopens once the state government lifts the lockdown restrictions.Recognizing the prime importance of immunization, the mall management organized the first of its kind vaccination drive which covered all its direct & indirect staff including retail partners, Frontline workers, priority groups such as security, housekeeping, parking, engineering staff…
  • Advisory committee bats for phased unlock in Karnataka after June 14
    09 June 2021, Coastaldigest.com
    Bengaluru, June 9: The Technical Advisory Committee (TAC) formed by the State government has recommended a gradual unlocking of activities across Karnataka, as the Covid-battered state gets ready to take small steps towards normalcy after June 14, when the lockdown is scheduled to end.The committee — which submitted its recommendations to the government on the unlock process on Monday — suggested the chief minister allow shops, malls, hotels to open for four hours initially. But it recommended against opening up places of worship, swimming pools and others till the end of June…
  • Malls start vaccination of retailers
    08 June 2021, Timesofindia.indiatimes.com
    Kolkata: Two malls organised vaccination drives for their retail employees on Tuesday. Two more are slated to hold their camps later this week. They have been asked by the state government to ensure that all retailers and their staff are vaccinated before malls are given the permission to reopen. Mall developers are expecting that the go-ahead from the government would be given from June 16.City Centre 1 (Salt Lake) and Acropolis Mall started their drives on Tuesday. Quest Mall has finished collating its data and will hold its camp for the retailers and their staff on Thursday and Friday…
  • Chandigarh allows bars, restaurants, gyms to open
    08 June 2021, Indiatvnews.com
    The Chandigarh administration on Tuesday ordered extension of Covid-19 restrictions with major relaxations, including allowing functioning of bars, restaurants, gyms and spas with 50 per cent capacity for the first time after over a month of closure.Chandigarh allows bars, restaurants, gyms to openThe Chandigarh administration on Tuesday ordered extension of Covid-19 restrictions with major relaxations, including allowing functioning of bars, restaurants, gyms and spas with 50 per cent capacity for the first time after over a month of closure. All shops will open from 10 a.m. to 6 p.m. by ensuring Covid protocol…
  • Hotels, cinema halls and malls will operate at 50% capacity: Thane
    08 June 2021, Hospitalitybizindia.com
    HBI Staff | HyderabadAccording to HT, The Thane Municipal Corporation (TMC) has issued an unlock notification based on the level 2 guidelines of the state government, which will come into effect from Monday. The Kalyan Dombivli Municipal Corporation (KDMC) has also issued a level 3 unlock notification in its limits.In Thane, the hotels, cinema halls and malls will be operational with 50% capacity. Local services are not allowed, while public places, open ground and morning walk are permitted…
  • Saving Retail In India From The Impact Of The Pandemic
    07 June 2021, Outlookindia.com
    The continuous lockdowns, ban of public gatherings have created a disruption in the retail sector driving irreversible trends in the way we all shop.While India battles the coronavirus with aggressive vaccination drives, another battle ensues within business communities. Unfortunately, there is no vaccination or a quick fix here. The continuous lockdowns, ban of public gatherings have created a disruption in the retail sector driving irreversible trends in the way we all shop…
  • ‘United By Blood’conducts another instalement of’vaccination in car’ at Mohali mall
    07 June 2021, Nationalheraldindia.com
    ‘United By Blood’has earlier helped match patients by connecting them with plasma donors and has also provided oxygen through its OxyTaxi programmeAfter several successful chapters in Delhi and NCR, the Vaccination in Car initiative of United By blood conducted another instalment of its drive-through at Bestech Square Mall, Mohali on Saurday. The United By Blood initiative spearheaded by Abhishek Singh, IAS, is making a significant difference in the COVID scenario of the National Capital Region…
  • India Maharashtra Unlock: Restaurants, malls allowed to reopen as 5-level unlock begins | All you need to know
    07 June 2021, M.dailyhunt.in
    Mumbai | Jagran News Desk: Maharashtra government on June 4 announced a detailed 5-level unlock plan based on the severity of COVID-19 spread, itspositivity rate and availability of the Oxygen beds in the specific areas concerned. In an order published late in the night, the state government said that restrictions will vary from district to district with Level 1 districts set to have minimum restrictions and Level 5 maximum, starting Monday. At its onset, from Monday, June 7 onwards, eighteen districts in Maharashtra will see Level-1 of unlocking, five will have Level-2 of unlocking…
  • Delhi unlock: Markets, malls reopen on odd-even basis
    07 June 2021, Financialexpress.com
    The Delhi Metro, the lifeline of the city, also resumed service with 50 per cent seating capacity and nearly half of its train fleet running from early morning.Police and the district administration have formed teams to ensure no Covid norms are broken as the markets, malls and complexes reopen from 10 am to 8 pm. ( Photo source: PTI)Jolted by the devastating second wave of the COVID-19 pandemic, the national capital moved slowly towards normal life as markets and malls reopened after nearly two months on Monday morning…
  • Delhi unlock 2.0: Kejriwal appeals to people to follow Covid guidelines as Metro, markets reopen
    07 June 2021, Oneindia.com
    Kejriwal on Saturday had announced further relaxations in the lockdown, and said Delhi Metro would operate at 50 per cent capacity and markets and malls in the national capital would open on an odd-even basis from June 7.”Many activities are resuming in Delhi from today. But take all the precautions to prevent corona completely – wear a mask, keep social distance and keep washing hands, there should be no laxity at all,” he said in a tweet in Hindi…
  • Bio-safe retail: DLF Malls to inoculate employees, tenants
    06 June 2021, Vishvatimes.com
    To usher in the novel concept of bio-safe retail spaces, DLF Malls has initiated a drive to not just inoculate its own employees, but also its tenants. The novel concept envisages hygienic and bio-safe zones with vaccinated front and back-end employees, thereby instilling confidence in the consumers. Accordingly, the company plans to inoculate around 10,000 employees, associates and partners across 10 of its properties in different parts of India ‘free of charge’…
  • Bars, restaurants, malls allowed to function with limitations in Bengal
    06 June 2021, Dailyworld.in
    Kolkata, June 3: With the number of Covid cases shrinking steadily for the last one week, the West Bengal government has decided to give further relaxations, allowing bars, restaurants and malls to function with limited facilities. Chief Minister Mamata Banerjee announced the relaxations in her meeting with different chambers at the state secretariat on Thursday. Accepting the request of the chambers, Banerjee said, “Covid-19 contagion is declining in West Bengal following the imposition of restrictions. Restaurants can be open for three hours in the evening from 5 pm to 8 pm provided the people working there are vaccinated.”…
  • Chennai malls Phoenix MarketCity, Palladium vaccinate 1,500 employees and retail partners
    05 June 2021, Timesofindia.indiatimes.com
    CHENNAI: The management of two leading malls in Chennai — Phoenix MarketCityand Palladium – carried out the third vaccination drive for its employees and retail partners on Saturday. As many as 600 were given the Covid-19 vaccines on Saturday. The mall has given 1,500 shots so far.Pooja Patti, centre director, Phoenix MarketCity and Palladium Chennai, said the safety of their employees and retail partners was of utmost importance to the management…
  • ‘Better than nothing’: Delhi traders unhappy with odd-even formula to open markets
    05 June 2021, Indianexpress.com
    The Delhi government has said shopping malls and markets will open from 10 AM to 8 PM Monday onwards as unlocking begins.Traders in the city Saturday expressed apprehensions and disappointment over the Delhi government’s decision to open markets on an odd-even basis from Monday, but said it was “better than nothing”.The Delhi government has said shopping malls and markets will open from 10 AM to 8 PM Monday onwards as unlocking begins…
  • Delhi eases lockdown curbs; markets, malls to reopen on odd-even basis
    05 June 2021, Moneycontrol.com
    Delhi lockdown update: Markets, malls will reopen on an odd-even basis.Delhi Chief Minister Arvind Kejriwal (Image: ANI)Delhi Chief Minister Arvind Kejriwal (Image: ANI)Delhi Chief Minister Arvind Kejriwal on June 5 announced that lockdown will continue in Delhi with some relaxation in other activities. “Markets, malls will reopen on an odd-even basis,” Kejriwal said…
  • Phoenix Marketcity and Palladium Ramps up Its Vaccination Drive
    05 June 2021, Businessnewsthisweek.com
    Chennai, 4 th June 2021: Phoenix MarketCity and Palladium, Chennai’s iconic destination for best shopping, dining and entertainment experience, organized its third vaccination drive, to ensure the safety and well-being of employees and retail partners.In an endeavour to enable vaccination for all and to safeguard it’s front-line workers, the mall has inoculated 1500 vaccination shots so far.Continuing to support the employees and retail partners, Phoenix MarketCity & Palladium administered vaccines to a total of 600 employees and retail partners as part of its third vaccination drive, which took place today…
  • Drive-through vaccination camp at south Delhi mall
    05 June 2021, Outlookindia.com
    New Delhi, Jun 4 (PTI) A two-day drive-through vaccination camp for people aged 18 and above was on Friday inaugurated at a plush mall in south Delhi”s Vasant Kunj, its organisers said.The camp, set up in the mall”s parking lot, is being run by a leading private facility in partnership with an NGO, they said.”A temporary drive-through vaccination centre for people aged 18 and above was inaugurated today (Friday). It will run for a total of two days,” a spokesperson of Apollo hospital here said, adding that the camp was located in Ambience Mall…
  • Drive-in vaccination starts at Quest Mall
    05 June 2021, Millenniumpost.in
    KOLKATA: People in the city can now drive into a mall for getting themselves inoculated with the state Health department in collaboration with Kolkata Municipal Corporation (KMC) and a private hospital starting ‘Drive in Vaccination’at Quest Mall from Friday. The arrangement allows a person to drive into the mall’s car parking lot and get vaccinated right inside the vehicle free-of-cost.Firhad Hakim, who is the Chairman of Board of Administrators, KMC flagged off the initiative and launched ‘Oxygen on Wheels’for his own constituency, Kolkata Port. State Health Secretary Narayan Swaroop Nigam and KMC Commissioner Binod Kuamr was also present…
  • ‘Malls, Shopping Centres Needs To Be Allowed To Reopen In A Controlled Manner’: RAI
    04 June 2021, Realtynxt.com
    Economic revival is intertwined with the revival of retail businesses, especially large formal retail spaces, which are the drivers of consumption, RAI said in a statement.Retailers Association of India (RAI) on Thursday said formal retail, malls, and shopping centres across states need to be allowed to reopen in a controlled manner as these are essential for the revival of the economy from the impact of Covid-19 pandemic.Economic revival is intertwined with the revival of retail businesses, especially large formal retail spaces, which are the drivers of consumption, RAI said in a statement…
  • Drive into mall to get the jab
    04 June 2021, Timesofindia.indiatimes.com
    Kolkata: Kolkatans can now drive into a mall for a vaccine shot without even having to leave their vehicles. Quest Mall will flag off the unique drive on Friday that allows visitors to drive their four-wheelers into the mall’s car park and get vaccinated right inside the vehicle. All they need to do is register for the shot on the Co-Win portal, then on a WhatsApp number (8335999000) and carry the ID mentioned in the registration.It is the Kolkata Municipal Corporation (KMC) which will be providing the vaccines – 400 a day – to the Quest authorities…
  • Eateries, malls may be allowed to reopen after staffers get jab in West Bengal
    04 June 2021, Timesofindia.indiatimes.com
    Poddar later told TOI that vaccination was being carried out in association with the state tourism department (Representative image)Poddar later told TOI that vaccination was being carried out in association with the state tourism department… Read MoreKOLKATA: The state may shortly allow restaurants and malls, shut since May 1, to resume operations after vaccinating their staff, chief minister Mamata Banerjee indicated at an interaction with businessmen at the state secretariat on Thursday…
  • RAI seeks re-opening of malls, shopping centres in controlled manner
    04 June 2021, Outlookindia.com
    New Delhi, Jun 3 (PTI) Retailers Association of India (RAI) on Thursday said formal retail, malls, and shopping centres across states need to be allowed to reopen in a controlled manner as these are essential for the revival of the economy from the impact of COVID-19 pandemic.Economic revival is intertwined with the revival of retail businesses, especially large formal retail spaces, which are the drivers of consumption, RAI said in a statement….
  • Kolkata to get its first drive-through vaccination centre
    03 June 2021, Theweek.in
    Kolkata will get its first drive-through vaccination centre, which will begin operations at a shopping mall in the central part of the city this week, an official said on Wednesday.The facility will be launched by the Kolkata MunicipalCorporation at Quest Mall in Park Circus for the 45-plus age group, he said.People will be allowed to book their slots through theWhatsApp bot of the KMC from Thursday, the State e-GovernanceMission Team (SeMT) official said.Maximum four persons will be allowed to be vaccinated per four-wheeler and they would not need to step out of the vehicle, he said…
  • Phoenix Mills and GIC to form investment platform for development of malls in India
    02 June 2021, Business-standard.com
    Phoenix Mills (PML) and GIC, Singaporefs sovereign wealth fund, today announced the execution of definitive documents to form a strategic investmentplatform, to develop, own and operate retail]led, mixed]use developments in India. Earlier in December 2020, PML had announced signing of a non]binding term sheet with GIC for formation of this retail]led, mixed]use platform.PML through its subsidiaries, Offbeat Developers (ODPL), Graceworks Realty & Leisure(GRLPL) and Vamona Developers (VDPL) and GIC will be parties to the transaction (hereinafter, ODPL, GRLPL and VDPL together referred to as gPML Subsidiariesh)…
  • Malls are open but face Covid blues in Hyderabad
    02 June 2021, Newindianexpress.com
    Since shoppers mostly prefer to visit the malls during the afternoon and evening hours, the usual buzz was missing at the malls.HYDERABAD: Shopping malls, retail shops, gaming zones and food courts which were earlier abuzz with families and children, sported a deserted look as they resumed operations following a further easing of lockdown timings. Some of the malls including Inorbit Mall, Forum Sujana Mall, and Lifestyle, Begumpet were opened on Monday, while a few centres like GVK One Mall, Banjara Hills were opened on Tuesday. Most of them stayed open between 9 am and 1 pm…
  • Mumbai: Relaxation in curbs won’t create big revenue for retailers, says Retailers Association of India
    01 June 2021, Cnbctv18.com
    As COVID-19 cases dip in Mumbai, the Brihanmumbai Municipal Corporation (BMC) has eased certain restrictions in the city.Essential services shops will now be allowed to remain open from 7 am to 2 pm as opposed to 7 am to 11 am earlier. Non-essential shops will also be allowed to reopen with an alternating system where shops on the right side of the road will be allowed to remain open on Mondays, Wednesdays, and Fridays while those on the left may remain open on Tuesdays and Thursdays. However, non-essential shops will remain shut on weekends…
  • Urban Indians likely to adopt AR/VR solutions for retail shopping
    01 June 2021, Afaqs.com
    YouGov’s new report offers an overview of impact of Covid-19 on shopping attitudes and behaviours across 17 markets. YouGov’s latest report ‘ is based on more than 18,000 interviews and provides a high-level analysis of the impact of Covid-19 on shopping attitudes and behaviours across 17 markets. India is among the leading countries to show interest in adopting innovative technologies like AR/VR (Augmented Reality/Virtual Reality) for retail shopping…
  • ‘Ultra-Tight’ Inventory Raises Hopes For Top Shopping Malls
    01 June 2021, Bloombergquint.com
    A national lockdown to contain India’s first wave of the pandemic shut down shopping malls for months last year. Yet, vacancies at premium commercial properties hardly rose.Landlords don’t see that happening even during the ongoing second surge of Covid-19 that has prompted malls to close again.Vacancy levels are likely to remain range-bound in the short term despite the second wave, imposition of restrictions and closure of malls a… BloombergQuint Missing BloombergQuint’s WhatsApp service? Join our Telegram channel or activate Website Notifications…
  • Malls reopen after five weeks, see few customers
    01 June 2021, Hindustantimes.com
    Malls in the city reopened on Monday after nearly five weeks with few customers patronising their outlets due to apprehensions over Covid-19 spread Malls in the city reopened on Monday after nearly five weeks with few customers patronising their outlets due to apprehensions over Covid-19 spread. On Sunday, the district administration issued an order permitting the reopening of malls between 10am and 6pm, on the condition that they develop an app to regulate the footfall and ensure that occupancy did not exceed one person per 25 square feet…
  • Infiniti Mall Associates with BMC for Free Drive-in Vaccination
    31 May 2021, Eventfaqs.com
    Infiniti MallInfiniti Mall (Malad) in association with the Brihanmumbai Municipal Corporation (BMC) inaugurated its free drive-in Covid19 vaccination facility for citizens over 45 years of age from 28 May 2021. The ongoing facility is operational at the mall premises from 10 am to 5 pm.Infiniti Mall has also collaborated with Together Everyone Achieves More (T.E.A.M.), a student-led NGO on a vaccination campaign. Launched with the drive-in vaccination facility, the campaign seeks to educate people on the importance of vaccines and encourage them to get the jab, debunking myths and misconceptions.T.E.A.M…
  • Staring at huge losses, malls seek to reopen as Mumbai begins unlock
    31 May 2021, Business-standard.com
    Some of Mumbais top malls are asking for organised shopping spaces to be reopened even as shop timings will be extended in the financial capital in June. As part of unlock programme, the Maharashtra government on Sunday extended the timing of essential stores…
  • Covid-19: Curbs extended in Haryana, but malls & hotels to open
    31 May 2021, Hospitality.economictimes.indiatimes.com
    Hotels have been allowed to open, but banquets and conference rooms will stay shut for guests. Restaurants will also not be open for dining. The Haryana government on Sunday extended the lockdown across the state by more than a week till June 7. In an order issued on Sunday, the government said though the positivity rate had come down, the restrictions must continue to bring down the fatalities. In the new set of guidelines, malls have been allowed to open, but with restrictions on the number of visitors…
  • Centre expands scope of ECLGS amid COVID-19 second wave – Moneycontrol
    30 May 2021, Indiafinancenews.com
    Validity of ECLGS was extended to September 30, 2021, or till guarantees for an amount of Rs 3 lakh crore are issued Representative imageThe Centre on May 30 further expanded the scope of the Emergency Credit Line Guarantee Scheme (ECLGS) amid the economic disruption caused by the second wave of COVID-19 pandemic…
  • Covid-19: Lakhs of people pushed back into poverty, desperation
    30 May 2021, Deccanherald.com
    When T M G Kumar shut the doors of his garment factory in April, all 40 of his employees returned to their villages, for the second time in a year.He fears these workers, who were trained and skilled, would not return as Covid-19 had affected their livelihoods twice now. Adding to his worries is the Rs 20 lakh loan that he borrowed from a private money lender, which has now swollen to Rs 25 lakh. Work orders have continued to dry up over the last year, making his future uncertain and volatile. Tales of distress cut across sections…
  • Chaos in Gurugram during drive through vaccination campaign
    29 May 2021, Prokerala.com
    Gurugram, May 29: People in the 18 plus age group on two wheelers created a ruckus at the ‘Drive Through Vaccination’drive in Gurugram on Saturday after they came to know that the campaign was being held only for car occupants.The drive, which was organised by the district health department in association with Park+ and MGF Mega city mall, was held at the mall’s parking lot.The 18 plus age group people who reached the vaccination venue on two wheelers held a protest for around half an hour starting at around 11 after they were denied entry inside the mall premises…
  • Business News | Phoenix, CPP Investments to Develop Retail Centre in Kolkata
    29 May 2021, Latestly.com
    Mumbai (Maharashtra) [India], May 29 (ANI) Retail mall developer Phoenix Mills Ltd (PML) and Canada Pension Plan Investment Board have announced execution of definitive documents for a new joint venture to develop a regional retail centre at Alipore in Kolkata.CPP Investments will commit to invest Rs 560 crore in Mindstone Mall Developers Pvt Ltd in tranches for an ultimate equity stake of 49 per cent.With the funds invested by CPP Investments and PML, Mindstone will develop a retail centre with a potential leasable area of 10 lakh sq ft. The target completion date is for the second half of 2024…
  • COVID-19 second wave: 7.5 million jobs lost; here’s which sector was hit badly
    28 May 2021, Msn.com
    The second wave of COVID-19 has taken a heavy toll on employment as restrictions to control the second wave of the pandemic has crippled businesses. About 7.5 million jobs have been lost across sectors in February-May 2021, data compiled by Moneycontrol based on estimates of hiring consultants showed. This is the worst-ever loss of jobs in India since liberalisation. The 2007-2009 financial crisis had a relatively smaller impact, with about 5 million jobs lost…
  • Delhi malls turning into drive-through vax centres
    28 May 2021, Timesofindia.indiatimes.com
    Since the last couple of weeks, several malls across NCR have turned into drive-through vaccination centres. While Gurgaon and Noida saw these camps set up in malls earlier this month, Delhi saw its first drive-through vaccination camps this week at malls in Saket and Dwarka and a stadium in Model Town. People who got their shot walk us through their experience:Pranav Jawa, a PG student and a resident of GK II, says, “There were three locations to choose from for the drive-through vaccination, and I chose a mall in Saket…
  • Infiniti Mall in association with BMC inaugurates free drive-in vaccination
    28 May 2021, Mediabrief.com
    The state has been witnessing the dreadful wave of the coronavirus with unparalleled rise in cases. Vaccinating and inoculating citizens has become the need of the hour and utmost priority of government bodies. Infiniti Mall (Malad) in association with the Brihanmumbai Municipal Corporation (BMC) kick-starteda drive-in vaccination facility for citizens in the lower ground (LG) parking lot from 28th May 2021. Municipal Councillor, Smt. Jaya Satnam Singh Tiwana ji inaugurated the free vaccination drive. All citizens above the age of 45 can avail the vaccine free of cost with prior registration on CoWIN app…
  • Uttar Pradesh Covid curfew likely to be relaxed from June; shopping malls, salons to stay closed
    28 May 2021, Indiatoday.in
    The partial coronavirus curfew in Uttar Pradesh, which was extended till May 31, is likely to be relaxed from the first week of June. Salons and shopping malls will stay closed, sources told India Today TV.The partial coronavirus curfew in Uttar Pradesh, which was extended till May 31 owing to the rising Covid cases in the state, is likely to be relaxed from the first week of June, sources have told India Today TV. While several Covid-induced restrictions will be eased in Uttar Pradesh, the containment zones will remain closed…
  • Retailers association seeks relief for COVID-hit industry
    28 May 2021, Moneycontrol.com
    Despite urgent pleas from the trade association, the government is yet to roll out any relief measures for beleaguered retailers.Retailers Association of India (RAI) on May 27 urged the government yet again to roll out relief measures for retailers, who have been reeling from the impact of the new set of curbs imposed to contain the spread of the second wave of the COVID-19 pandemic.“Retail businesses are under tremendous financial strain due to the extended closures…
  • Deliveries stopping a worrying trend for retail: Kumar Rajagopalan, RAI
    27 May 2021, Economictimes.indiatimes.com
    “Ecommerce should be allowed to be able to work because overall understanding of the whole essentials and non-essentials, it is not the same as it was last year.” This time the worrying trend is not only has the business been impacted because of the lockdowns , but also the deliveries got stopped. When we have learned our lessons, why are we stopping home deliveries?, said Kumar Rajagopalan , CEO, Retailers Association of India on ET Now’s India Development Debate…
  • RAI says concerted efforts required to aid retail industry recovery
    27 May 2021, Thehindubusinessline.com
    Seeks extension of ECLGS 3.0 benefits to retailers, moratorium on principal and interest for six months, and interest subvention, among othersRetailers Association of India (RAI) on Thursday said that concerted efforts and measures are required from various agencies and authorities to aid the recovery of the retail sector which is under tremendous pressure due to the lockdown-like restrictions imposed by various states. Its recommendations include extension of benefits of ECLGS 3.0 to retail companies, offering moratorium on principal and interest for six months and interest subvention to reduce the burden of interest…
  • Delhi: Drive-In COVID-19 Vaccination Centre at Select City Mall Inaugurated by Manish Sisodia (See Pics)
    27 May 2021, Latestly.com
    A drive-in COVID-19 vaccination centre at Select City Mall in Delhi’s Saket area was inaugurated by Deputy Chief Minister Manish Sisodia…
  • Urban Indians likely to adopt augmented reality technology for retail shopping
    27 May 2021, Mediavataar.com
    Among the different categories, consumers are most willing to try this solution for categories like clothing and technology YouGov’s latest global report reveals that India is among the leading countries to show an interest in adopting innovative technologies like AR/VR (Augmented Reality/Virtual Reality) for retail shopping. YouGov’s ‘International Omni-Channel Retail Report 2021: Shopping in the pandemic and the implications for the future’ provides an overview of Covid-19 on shopping attitudes and behaviors across 17 markets…
  • PHOENIX MARKETCTY AND PALLADIUM COMMENCES ITS SECOND PHASE OF VACCINATION DRIVE
    27 May 2021, B4umedia.in
    PHOENIX MARKETCTY AND PALLADIUM COMMENCES ITS SECOND PHASE OF VACCINATION DRIVEChennai, 26th May 2021: Ensuring the safety of the employees and retail partners, Phoenix MarketCity & Palladium has commenced the second phase of vaccination drive (18 and above) at the mall premises.In the first phase of vaccination drive which took place during March – April, Phoenix MarketCity and Palladium had successfully completed both the doses of vaccination for the employees and retail partners (45 and above) between a period of 6 to 8 weeks…
  • Retail sales down 49% in April against pre-pandemic levels: RAI survey
    26 May 2021, Thehindubusinessline.com
    Sports goods, footwear, jewellery and beauty among worst-hit categoriesThe retail industry’s pan-India sales declined by nearly 49 per cent in April this year against pre-pandemic levels of April in 2019, as the country battles with the second wave of the pandemic and States imposed lockdown-like restrictions on malls, shopping centres and non-essential stores.According to the findings of the monthly business survey conducted by the Retailers Association of India (RAI), the second wave hit the country at a time when the retail industry was in the recovery mode and was inching closer to the pre-pandemic levels…
  • Delhi CM Arvind Kejriwal inaugurates drive-in COVID-19 vaccination centre at Vegas Mall in Dwarka
    26 May 2021, Timesnownews.com
    Delhi Chief Minister Arvind Kejriwal inaugurated a drive-in COVID-19 vaccination centre at Vegas Mall in Sector 12 of Dwarka on Wednesday.New Delhi: Delhi Chief Minister Arvind Kejriwal inaugurated a drive-in COVID-19 vaccination centre at Vegas Mall in Sector 12 of Dwarka on Wednesday.As the centre was inaugurated, many people were seen getting the COVID vaccine shots while sitting in their cars…
  • Urban Indians Likely to Adopt AR/ VR Technology for Retail Shopping
    26 May 2021, Indianretailer.com
    India, specifically, has a high interest in adopting AR/ VR solutions for clothes (67 percent) and technology/ home appliances (56 percent).Indian Retailer BureauSub EditorIndia is among the leading countries to show an interest in adopting innovative technologies like AR/ VR ( Augmented Reality / Virtual Reality) for retail shopping.YouGov’s latest global report reveals that although interest in adopting AR/ VR technology is nascent globally, it varies across categories, with clothes and technology/ home appliances being the top categories to see its adoption in the future…
  • Delhi’s first drive-thru vaccination center to start operations on May 26
    26 May 2021, Thebharatexpressnews.com
    The Delhi government has partnered with Akash Healthcare Super Hospital to open its first COVID vaccination center at Vegas Mall in Dwarka. Delhi Government and Akash Healthcare Super Hospital to Open First Drive-Through COVID Vaccination Center Few cities like Mumbai, Bhopal and Indore, among others, have already set up drive-thru vaccination centers where people can get their doses inside their vehicles, being able to maintain adequate social distancing…
  • India’s MSME story: Jobs, opportunities and impact of growth on the retail sector
    26 May 2021, Yourstory.com
    As a major employer of India’s informal workforce, MSMEs have been instrumental in manufacturing goods at reasonable rates, helping retailers maintain moderate margins even during the dark days of 2020. CLAPS In India, if any segment can be called the silent pillar of the economy, it is the MSME sector. A CII report reveals that MSMEs numbered 63 million units in FY20, with most located in Bharat rather than in India’s urban centres…
  • Vaccination camp to be held for people with special needs
    26 May 2021, Dailypioneer.com
    In an initiative to vaccinate people with special needs, the district health department along with the Ambience Mall is going to organise a special, walk-in vaccination camp at the mall in Gurugram on Wednesday.According to health officials, the drive will begin from 11 am and 100 free slots for Covaxin will be available without any registration. The vaccine will be administered on a first come first serve basis.Giving more information about the drive, Arvind Kapoor, General Manager of the Ambience Mall told The Pioneer…
  • Has The Second Coronavirus Wave Derailed India’s Mall Story?
    25 May 2021, Moneycontrol.com
    “Malls in India are going through their share of challenges following various lockdown-like measures by state governments. There is either a complete closure of the malls or they are open for restricted business activities for grocery and other essential retail services with strict timings. Since the start of the pandemic, multiplexes have either been shut or running at very low capacity…
  • Cities Retail industry demands relief package
    25 May 2021, M.dailyhunt.in
    The Retailers Association of India has sought a relief package to ease the financial stress as the cash inflow to the industry has come to a standstill while fixed operating costs remain. Claiming that the Indian retail industry employs 46 million people and contributes 10 per cent of the GDP, the RAI CEO, Kumar Rajagopalan said it is a question of survival for the industry. Shiba Prasad Panda, MD, Panda Retail Pvt. Ltd., Bhubaneswar, said retail is a people intensive industry where 90 percent of the employees work at stores earning minimum wages…
  • Out of business, Delhi eateries get rent shove
    24 May 2021, Hospitality.economictimes.indiatimes.com
    The second wave of the spread of the novel coronavirus has jolted the restaurant industry. With staff and diners battling Covid-19, imposition of restrictions by the government and almost no orders, many outlets have shut operations rather than looking at surviving merely on deliveries. The second wave of the spread of the novel coronavirus has jolted the restaurant industry. With staff and diners battling Covid-19, imposition of restrictions by the government and almost no orders, many outlets have shut operations rather than looking at surviving merely on deliveries…
  • To boost inoculation drive, Noida to get 3 more drive-in COVID vaccination centres
    23 May 2021, Timesnownews.com
    Noida news: As per the report, the three new drive-in centres will be situated at GIP Mall in Noida, and Omaxe CP Mall and Gaur City Mall in Greater Noida.Noida: Amid the second wave of COVID-19, in order to vaccinate more and more people, the Gautam Buddha Nagar to get three more vaccination sites. On Sunday, the city administration has announced three drive-in vaccination centres in the Greater Noida region…
  • Out of business, eateries get rent shove
    23 May 2021, Timesofindia.indiatimes.com
    UNcertain times: For restaurants, there has been almost no business for a monthNew Delhi: The second wave of the spread of the novel coronavirus has jolted the restaurant industry. With staff and diners battling Covid-19, imposition of restrictions by the government and almost no orders, many outlets have shut operations rather than looking at surviving merely on deliveries.However, some outlets have started receiving rent reminders from malls and standalone property owners for the month of May…
  • Car News Drive-through Covid-19 Vaccination Available This Weekend In Ghaziabad
    22 May 2021, M.dailyhunt.in
    It is being organised in the parking facilities of the World Square Mall by Park+ The large parking bays of various shopping malls in metro cities are being utilised during lockdown to aid the CoVID-19 vaccination efforts. This weekend in Ghaziabad, the World Square Mall is hosting a drive-through vaccination camp for those aged 45 years or older. A vaccination appointment at the drive-through camp can be booked via the CoWIN portal…
  • 45-plus can drive into mall for 1st vax dose today
    22 May 2021, Timesofindia.indiatimes.com
    Gurgaon: The district health department will hold drive-through sessions for first dose vaccination of those above 45 years of age on the weekend. While a drive-through will be conducted at DLF City Centre Mall on MG Road on saturday, another will be held at Ambience Mall on Sunday.Vaccinations will be conducted on a first-come, first-served basis. The drive will start at 10am and each day will have 500 slots. People have to register on the Co-WIN portal and bring their proof of age to get the jab.“The protocol will be the same as followed in previous drives in Gurgaon…
  • Drive-in vaccination centre inaugurated at Growel’s Mall in Kandivali
    21 May 2021, Mumbailive.com
    The concept of drive-in vaccination centres has been appreciated by Mumbaikars as it has offered relief to the disabled and senior citizens in the city.Mayor of Mumbai, Kishori Pednekar, and MP from North Mumbai, Gopal Shetty, on Thursday, May 20, 2021, inaugurated a drive-in vaccination center for senior citizens. The event was organised in the presence of local MLA Atul Bhatkhalkar at Grovel Shopping Mall in Kandivali East…
  • COVID-19 second wave: Restaurant’s association urges PM Modi to prioritise vaccination for its staff
    21 May 2021, Mumbailive.com
    Due to lockdown-like restrictions, the industry is facing huge losses, hence, NRAI has also asked mall owners and landlords to waive the rentals and common area maintenance charges until the time curbs continue for the dine-in business.The National Restaurants Association of India (NRAI) on Thursday, May 20, said that it has written to Prime Minister Narendra Modi to prioritise the vaccination of its frontline staff.This development comes when the nation is reeling under the massive impact of the second wave of coronavirus pandemic. At the same time, many states are also facing acute shortage of vaccines…
  • Mumbai: BMC starts drive-in COVID-19 vaccination in Kandivali’s Growel’s 101 mall
    20 May 2021, Freepressjournal.in
    In an attempt to expedite Mumbai’s vaccination drive, Brihanmumbai Municipal Corporation (BMC) earlier in the month of May had opened its first drive-in vaccination facility in Dadar West. Later, the civic body opened more drive-in vaccination centres to help senior citizens and specially-abled people to get their Covid-19 vaccines while sitting in a vehicle and without standing in a queue. The decision was taken after people demanded for more such drive-in centres for senior citizens after overcrowding was reported at several walk-in facilities…
  • Has the second coronavirus wave derailed India’s mall story?
    20 May 2021, Moneycontrol.com
    Mall density in India is significantly lower than that of other countries in APAC region and is likely to provide immense scope for growth over the next few years. Favourable long-term consumption trends and growth of Tier 2 and 3 markets puts the retail sector in a sweet spot over the medium to long term.Representative imageRepresentative imageMalls in India are going through their share of challenges following various lockdown-like measures by state governments…
  • NRAI seeks rent waiver from landlords amid covid-19 second wave
    20 May 2021, Realty.economictimes.indiatimes.com
    NRAI has suggested that there should be a complete waiver of rentals and common area maintenance (CAM) till such a period that the market is shut for unrestricted dine-in business.NEW DELHI: National Restaurant Association of India( NRAI ) on Wednesday said it has written to all prominent mall owners and other landlords to seek their support in the wake of the disruptions caused by the second wave of the COVID-19 pandemic…
  • NRAI urges mall owners to support restaurant industry
    19 May 2021, Thehindubusinessline.com
    In a letter, it has asked landlords to switch to a “pure revenue share” lease structureThe National Restaurant Association of India (NRAI) has urged mall owners to support the restaurant industry through complete waiver of rental and common area maintenance fee for the period outlets are shut for unrestricted dine-in operations.It has also urged the landlords to switch to a “pure revenue share” lease structure for the time period that restaurants are only being allowed to do deliveries, open for limited hours and need to follow limited occupancy guidelines…
  • Drive-in vaccination gets good response in 1st week
    18 May 2021, Dailypioneer.com
    The concept of getting the Covid-19 vaccine while seating in cars has received a good response in Bhubaneswar so far as over 8,000 people above 45 years of age have got the jabs in five drive-through centres without standing in a queue…
  • Chalet Hotels Ltd to repurpose Sahar Mumbai Retail Mall into Commercial Office space
    18 May 2021, Equitybulls.com
    The Board of Directors of Chalet Hotels Ltd at its meeting held today i.e., on May 18, 2021 has, considered and approved the discontinuation of operations at its Sahar Mumbai Retail Mall and repurposing of same as a Commercial Office space and consequently termination of the management agreement with Inorbit Malls (India) Private Limited w.e. f. today i.e. May 18, 2021 in respect of the same…
  • Drive-through vaccination begins in Noida
    18 May 2021, Hindustantimes.com
    NOIDA: The Gautam Budh Nagar administration on Monday started two drive-through vaccination centres in the district — one at DLF Mall of India in Noida’s Sector 18 and another at Greater Noida Sports Complex NOIDA: The Gautam Budh Nagar administration on Monday started two drive-through vaccination centres in the district — one at DLF Mall of India in Noida’s Sector 18 and another at Greater Noida Sports Complex. More than 170 people were administered Covid-19 vaccine at the two sites on the first day of the drive that was conducted from 9am to 5pm, officials said…
  • After Gurugram, Park+ ties up with Noida mall for vaccination drive-through-Business Journal
    16 May 2021, Business-journal.in
    Automated smart parking solutions firm Park+ has partnered with State governments in Haryana and Uttar Pradesh to organise drive-through vaccination for those wanting the jab. After the drive through exercise at DLF City Centre mall in Gurugram on Sunday, Park+ will make a similar option available for residents of Noida, who can get vaccinated at DLF Mall of India on Monday in the safety of their cars. The initiative, launched in association with Gautam Budh Nagar administration and DLF Mall of India, will allow citizens to get vaccinated between 9 a.m.-5 p.m…
  • As Covid surge hits businesses, malls see rentals plunge
    14 May 2021, Rediff.com
    Consultants who help lease these properties say this is the steepest decline at least in a decade.Mall rentals plunged 40 to 50 per cent in top cities in the first quarter of 2021 and could fall further, according to consultants who help lease these properties, with the second wave of Covid-19 hitting businesses across sectors. This is the steepest decline at least in a decade, they said…
  • RAI seeks urgent support for workers in retail industry amid Covid second wave
    14 May 2021, Hr.economictimes.indiatimes.com
    “Retailers need to pay salaries, minimum electricity, rentals, property taxes, etc. even if the businesses are shut due to lockdown. The cash inflow of the industry has come to a standstill, while the fixed operating costs remain intact,” RAI said in a statement. May 13, 2021, 21:18 IST Retailers Association of India (RAI) on Thursday said workers and businesses in the retail industry are in need of urgent support as the restrictions to combat the second wave of the COVID-19 pandemic has hit them hard…
  • Retail Industry Needs Injection, Urges RAI
    13 May 2021, Bwmarketingworld.businessworld.in
    The Retailers Association of India (RAI) urges to prioritize vaccination of the Last Mile Workers and to urgently provide financial support measures Retailers Association of India (RAI) lauds all efforts of the government and the local authorities across states to curb the devastating impact of the deadly pandemic that has gripped our country. The Indian Retail Industry has been constantly supporting the government and the local authorities in the fight against COVID-19. Many retailers have come forth to serve ailing citizens and support them to the best of their capabilities…
  • Where’s the investor betting for growth
    13 May 2021, Restaurantindia.in
    Lots of investments that were done in past two years were in the virtual restaurant space or the food-tech business. Short Description It is perhaps every foodie’s dream to own a restaurant. How much involvement and passion one needs to make that business happen is not everyone’s cup of tea. But, today with lots of happening in the segment and low entry barriers many entrepreneurs are betting big in the restaurant business…
  • Restaurants bank on takeaways, home delivery to tide over financial crisis
    12 May 2021, Retail.economictimes.indiatimes.com
    So is the story of most of the restaurants in malls which too are closed since May 2. The biryani chains, Chinese restaurant chains are particularly doing well in home delivery. Mughlai chains like Aminia, Royal, Oudh, Arsalan, Zeeshan and Chinese chains like Chowman have witnessed brisk business in last one week while some iconic restaurants in Park Street like Peter Cat, Mocambo, Floriana, Waldorf, Moulin Rouge are also doing home delivery…
  • Restaurants bank on takeaways, home delivery to tide over financial crisis
    11 May 2021, Thehindubusinessline.com
    With the healthcare system coming under pressure as the country battles the second wave, Resident Welfare Associations (RWAs) and some builders are pitching in by setting up Covid care centres in collaboration with health professionals. In fact, some malls have also collaborated with local authorities for vaccination drives…
  • Now, RWAs, builders and malls pitch in to nurse Covid patients
    11 May 2021, Thehindubusinessline.com
    Meenakshi Verma Ambwani / Monika YadavWith the healthcare system coming under pressure as the country battles the second wave, Resident Welfare Associations (RWAs) and some builders are pitching in by setting up Covid care centres in collaboration with health professionals. In fact, some malls have also collaborated with local authorities for vaccination drives.Such facilities are being equipped with oxygen cylinders and concentrators to help Covid patients with mild symptoms…
  • Thane: Drive-in vaccination centre to be set up at Viviana mall
    10 May 2021, Mumbaimirror.indiatimes.com
    Thane: Amid rising demands from residents of Thane, especially the senior citizens, the local civic body on Monday announced that a drive-inCOVID-19 vaccination facility will be set up at the Viviana mall in the coming days.The official handle of the Thane Municipal Corporation (TMC) tweeted that the facility will be set up in the parking of Viviana mall, which is located near the Eastern Express Highway.The drive-in vaccination facility will be made available only for those above 60 years of age, the civic body informed…
  • Covid-19 pandemic: Shopping mall owners’ income dips around 50 pc in FY21
    10 May 2021, Business-standard.com

    Shopping mall owners’ revenue declined by around 50 per cent during the last fiscal as the retail sector was badly hit since the outbreak of the COVID-19 pandemic in March last year, according to real estate developers and consultants.Average monthly rentals in shopping centres have softened by 4-5 per cent across eight cities, although many malls saw rent correction of up to 25 per cent, they said.Most of the mall owners, which generally leases space in their shopping malls on a revenue-sharing model with retailers having a minimum guarantee clause, gave complete rental waiver during the April-June period of 2020…

  • Drive-in Covid-19 vaccination begins in Bhubaneswar for those above 45 years

    09 May 2021, Msn.com
    Taking inspiration from the Mumbai model, the Bhubaneswar Municipal Corporation on Saturday launched its first drive-in coronavirus vaccination centre in the capital for all those aged above 45 years. The mass vaccination drive was launched at the parking area of Esplanade Shopping Mall near Rasulgarh Square in Bhubaneswar. Eligible residents who had earlier received their first jab of the facilities in Odisha were asked to drive to the parking area of the shopping mall to get the second dose of vaccine. The drive-in facility was for the second dose of Covid-19 vaccination for 45 plus age groups…

  • Navi Mumbai Gets A Drive-In Vaccine Jab At Inorbit Mall
    08 May 2021, Businessnewsthisweek.com
    Mumbai: Inorbit mall, Vashi held its first-ever ‘Drive-in vaccination’ centre for 45+ (first dose only) in coordination with NMMC starting today.The LG level parking of the mall has been converted into a vaccination centre and citizens can get their jab without having to step out of their car. The Drive-in vaccination starts today for Navi Mumbai region between 10 am till 4 pm (subject to availability).The vaccination drive is currently open for all citizens above 45 years of age. The drive will be carried out in three stages – registration, vaccination, and certificate collection…
  • Chief Minister B S Yediyurappa announces complete lockdown from May 10 to May 24 in Karnataka in view of alarming rise in COVID cases and related fatalities
    08 May 2021, Devdiscourse.com
    Chief Minister B S Yediyurappa announces complete lockdown from May 10 to May 24 in Karnataka in view of alarming rise in COVID cases and related fatalities…. Chief Minister B S Yediyurappa announces complete lockdown from May 10 to May 24 in Karnataka in view of alarming rise in COVID cases and related fatalities. (This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) Shopping malls offer to double up as vaccination centres nationally Shopping malls…
  • COVID-19 in Navi Mumbai: ‘Drive-in vaccination’ for above 45 years of age group begins at mall in Vashi
    06 May 2021, Freepressjournal.in
    In a special initiative, the Navi Mumbai Municipal Corporation (NMMC) and the Inorbit Mall, Vashi held its first ‘Drive-in vaccination’ for above of 45 years age group on Thursday.The LG level parking of the mall has been converted into a vaccination centre and citizens can get their jab without having to step out of their car. The Drive-in vaccination started on Thursday for Navi Mumbai region between 9 am till 5 pm…
  • How advertising and marketing trends in shopping malls have evolved
    06 May 2021, Yourstory.com
    When we speak of a great revenue stream, a large part of the figures is often attained from marketing and advertising strategies or partnerships.Marketing and advertising revenues play an extremely important role in determining strong revenue inflows for shopping malls. Given the lockdown last year, with no operations for months together, it was only in August 2020 that malls could open.Even then, it took a good amount of time for monetary recovery to get back on track. Slowly but steadily, retailers were happy with the results attained in the fourth quarter last year as footfalls increased…
  • How Work-from-Home is Helping Local Retail to Grow
    06 May 2021, Indianretailer.com
    The local markets offer several advantages over Internet shopping or malls.Ravi SaxenaMD & Co Founder, WonderchefWhile the retail sector has undoubtedly suffered badly due to the Covid-19 pandemic, it has brought growth with it for a certain section of retail. The lockdown following the pandemic made corporates discover the fact that it is not necessary for their employees to travel to their offices every day. Working remotely is possible and in most cases even more productive and economically effective for both the organization and the employees…
  • ‘Thalapathy 65’: Huge shopping mall set erected in Chennai for the next schedule
    04 May 2021, Timesofindia.indiatimes.com
    Vijay is currently shooting for his film ‘Thalapathy 65’, directed by Nelson Dhilipkumar.The team has successfully completed the Georgia schedule, and they are preparing to start their next schedule in Chennai. As per the latest report, a huge shopping mall has been erected in Chennai for the next schedule. Due to the lockdown-like situation, malls in the state have been shut, so the makers of ‘Thalapathy 65’ have built a shopping mall set to shoot some main sequences. Moreover, the makers haven’t enclosed the location details as fans might rush to the shooting spot…
  • Mall developers bank on technology for return-to-normal
    04 May 2021, Cleanindiajournal.com
    Commenting on how the situation could unfold in coming quarters/months, Gurvineet Singh, Chief Executive Officer, Viviana Mall said, “We are focusing on recovery. We hope that with the vaccination drive which is now a priority for the Government the day will not be far where our city and our country will have herd immunity. Also like other countries, the second wave is expected to show a downward trend in the next 45-60 days, which should again infuse the confidence back in customers. We expect full recovery of sales by July 2021, provided there is no lockdown…
  • How Malls are Changing Their Marketing Strategies Amid Pandemic?
    04 May 2021, Indianretailer.com
    An individual’s desires to feel relaxed, and have some leisure time for himself/ herself can only be curbed to an extent, the brands as well as customers evolved in terms of their offerings and demands, respectively.Guest authorTransformation, evolution, transition, upgradation, all these words can be rightly used, to sum up, the year 2020 in terms of Indian businesses and their functioning.Malls, entertainment centers, and other areas of rejuvenation took the most severe hit due to the ongoing pandemic…
  • ‘Indian economy facing unprecedented recession’
    02 May 2021, Thehindu.com
    The Centre must encourage the retail sector to provide more jobs to youth in the backdrop of an unprecedented financial crisis brought about by the second wave of COVID-19, former Vice-Chancellor of Dr. B.R. Ambedkar University and economist Hanumanthu Lajipathirai said on Sunday.“Retail companies should focus on operational improvement instead of going in for expansion. India will be able to overcome the unemployment crisis if the retail sector is encouraged to provide more jobs to youth in Tier-II and Tier-III cities and newly-developing cities like Srikakulam and Vizianagaram,” Mr. Lajipathirai told The Hindu…
  • Second wave of Covid has increased pressures on mall operator cashflows: ICRA
    01 May 2021, Content.magicbricks.com
    The retail real estate sector, which had recently begun showing some signs of recovery after being hit hard by the first wave of the Covid-19pandemic, is once again facing considerable challenges on the back of the rapidly spreading second wave, with rising Covid cases leading to increased restrictions and economic uncertainties.After having to extend rental waivers in FY21, the mall operators are once again having to extend rental waivers/concessions in the current year, given the current reduction in footfalls and consequent retail spends, particularly in geographies facing high curbs…
  • Lockdown-like Covid curbs in Bengal; malls, restaurants, gyms shut till further orders
    30 April 2021, Indiatoday.in
    To check the spiralling number of Covid-19 cases, the West Bengal government has ordered the closure of all shopping complexes/malls, beauty parlours, cinema halls, restaurants and gyms till further orders.The West Bengal government, in an order on Friday, ordered the closure of all shopping complexes/malls, beauty parlours, cinema halls, restaurants, bars, sports complexes, gyms, spas and swimming pools in light of the Covid-19 situation.All social and cultural gatherings have been prohibited in the state.Only markets will be allowed to operate between 7 am and 10 am, and 3 pm and 5 pm in West Bengal…
  • Bengal lockdown: Shopping malls, restaurants, gyms closed; bazars can operate for 5 hrs a day
    30 April 2021, Indiatvnews.com
    According to a government order, bazars, marketplaces will be allowed to operate from 7am-10am and 3pm-5pm. However, home deliveries will be permitted.Bazars, marketplaces in West Bengal will be allowed to operate from 7am-10am and 3pm-5pm.Bengal Covid restrictions: The West Bengal government on Friday announced closure of shopping malls, restaurants, beauty parlours, gyms, spas, and swimming pools amid rising COVID-19 cases in the state. casesAccording to a government order, bazars, marketplaces will be allowed to operate from 7am-10am and 3pm-5pm. However, home deliveries will be permitted…
  • Rent collections to remain under pressure in short term for mall operators: Icra
    29 April 2021, Moneycafe.in
    Many GEO’s The weakening monetary profile of tenants, significantly of extremely impacted sectors, is exacerbating the state of affairs, Icra stated.Mall operators are feeling the cascading impact of the second wave of Covid-19, with stress on hire collections growing at the very least within the brief time period because the surge in infections has already dampened the tempo of financial restoration and once more threatens to disrupt the motion of individuals and items…
  • Space inside malls and retail stores can be used for vaccination of general public: RAI
    29 April 2021, Newsbarons.com
    RAI has appealed for an opportunity to get all Employees/Salesmen of Retail Stores vaccinated on priority as they continue to serve the general public.Appreciating the proactive measures taken by state governments towards ensuring that citizens of their respective states have a steady access to essential commodities and services despite the curbs, Retailers Association of India (RAI) has appealed to the Ministry of Health and Family Welfare across state governments to treat retailers and their employees as frontline workers (FLW) and prioritise vaccinating the retail workforce that are serving inside mall premises and retail stores…
  • Restaurateurs and retailers seek liquidity support to ride COVID second wave
    29 April 2021, Cnbctv18.com
    As COVID-19 cases in India continue to spike, restaurants, non-essentials and malls are shut across all major states. Most state governments have permitted only delivery and limited takeaways for restaurants.To assess the impact on business CNBC-TV18 spoke to Anurag Katriar, President at National Restaurant Association of India and Kumar Rajagopalan, CEO at Retailers Association of India.On delivery versus dine-ins, Katriar said, “It is a big misnomer that deliveries can replace the restaurant business. They can at best be an augmentation to the restaurant revenue…
  • Over a million jobs at stake in garment manufacturing sector due to lockdown: CMAI president
    28 April 2021, Moneycontrol.com
    The apparel space lost about 20-25 percent jobs in the lockdown last year, says Clothing Manufacturers Association of India.The closure of apparel retail shops and shopping malls has dealt the heaviest blow to the apparel industryThe closure of apparel retail shops and shopping malls has dealt the heaviest blow to the apparel industryThe apparel retail and manufacturing segment is staring at another round of job losses in the wake of the lockdowns imposed by several state governments to contain the rapid spread of the COVID-19 pandemic…
  • RAI urges govt to extend ECLGS benefits to retailers
    28 April 2021, Outlookindia.com
    New Delhi, Apr 28 (PTI) Retailers Association of India (RAI) on Wednesday asked Finance Minister Nirmala Sitharaman to extend benefits of emergencycredit line guarantee scheme to retailers while seeking a moratorium on principal and interest of all loans for up to 6 months stating that curbs due to the second wave of COVID-19 have crippled the sector.Putting forward a series of demands, RAI said around 80 per cent of the retail stores are closed due to various restrictions across states and almost Rs 75,000 crore could turn NPA if urgent measures to ease the working capital challenges…
  • Retailers Association of India urges FM to step in with relief package for retailers
    28 April 2021, Thehindubusinessline.com
    Eighty per cent retail stores are closed due to restrictions by States due to the second pandemic waveWith retailers and malls facing various restrictions across States due to the second pandemic wave, Retailers Association of India (RAI) has appealed to the Finance Minister for urgent intervention in order to prevent the sector from slipping into irretrievable financial damage.Stating that retail businesses are the worst hit, the industry body said that the sector is finding it hard to survive through the immense financial stress and it is imperative that the Government steps in with requisite support…
  • India must have protocols to remain on the job
    28 April 2021, Dailypioneer.com
    During the last 100 years, the country suffered many epidemics and wars but never closed down its establishmentsIndia must learn to be in a working mode during this second wave of the pandemic and not lock itself down repeatedly. After the severe productivity, jobs and economic losses last year, it should have evolved a protocol to restore normal working conditions. The present wave has come at a time when the International Monetary Fund has predicted a possible 12.5 per cent growth in 2022 for the country. A second erratic closure may throw a spanner in the works…
  • Gujarat COVID Restrictions: From malls to restaurants to cinema halls, know what’s open and what’s not in all 29 cities
    27 April 2021, Msn.com
    New Delhi | Jagran News Desk: In wake of the rising COVID-19 cases across the country when almost every state is witnessing a surge in the COVID-19 graph, the Gujarat government on Tuesday announced a fresh set of restrictions and extended the night curfew to 29 cities of the state including 8 major cities. The night curfew will be imposed from 8 pm in the evening and will remain in force till 6 am in the next morning. The 9 cities where fresh restrictions were imposed are Himmatnagar, Palanpur, Navsari, Valsad, Porbandar, Botad, Viramgam, Chhota Udaipur and Veraval-Somnath…
  • COVID-19: Kerala bans political, religous events; cinemas, malls, gyms to remain closed from April 27
    27 April 2021, Newindianexpress.com
    The decision was taken after an all-party meeting during which political parties unanimously agreed to continue with strict restrictions.THIRUVANANTHAPURAM: Amid rising COVID-19 cases in Kerala, the state government on Monday saidstringent restrictions are warranted and prohibited all social, political, cultural and religious events along with the closure of cinemas, malls, gyms, bars, clubs and sports complexes from April 27 until further orders.The decision was taken after an all-party meeting during which political parties unanimously agreed to continue with strict restrictions, Chie Minister Pinarayi Vijayan said at a press meet here…
  • Kolkata: Mask order reissued; cop focus on markets & malls
    26 April 2021, Retail.economictimes.indiatimes.com
    “The notification on masks and following Covid protocol had to be re-issued to alert district and police administration so that they can intensify action against those flouting the rules,” said an official in the state home department.Kolkata : The order on mandatorily wearing masks in public places, initially issued on April 12, 2020, has been re-notified. On Saturday, Nabanna issued a notification saying, “Wearing facial mask has been made mandatory in public places in the current pandemic situation.”…
  • Second wave to impact fashion retailers, revenue to hit pre-COVID levels only in FY23: Report
    26 April 2021, Retail.economictimes.indiatimes.com
    The rating agency said the industry was recovering well till the second wave hit and sales had touched over 70 per cent of pre-COVID-19 levels by the December quarter of 2020. “A sharp spike in the number of new COVID-19 cases since March 2021 throws up strong headwinds for the sector.”Mumbai, The second wave of coronavirus infections reported from various pockets of the country has come as a “strong headwind” to fashion retailers, and is expected to delay the recovery back to pre-COVID-19 levels till FY23, domestic rating agency ICRA said on Sunday…
  • Second wave pushes pre-covid revenue levels for fashion retailers to FY23: Report
    25 April 2021, Livemint.com
    Credit profiles of retailers will improve in 2021-22 as compared to the year-ago period courtesy de-leveraging in balance sheets after capital infusions in FY21, she said. The credit profiles will remain weaker than the pre-COVID-19 levels, Suneja added. “Expectations of increasing and widespread availability of vaccines in the coming months will drive recovery of the sector’s revenues and profitability to pre-COVID-19 levels in FY23,” its co-group Head Priyesh Ruparelia said…
  • Malls, theatres, gyms and bars shut from Monday in Tamil Nadu
    24 April 2021, Newindianexpress.com
    As May 2 is a Sunday, and comes under the lockdown guideline, the government will soon make that day an exception and issue a detailed safety guideline for vote counting.CHENNAI: As Tamil Nadu reported a fresh spike of a whopping 14,842 cases and 80 deaths on Saturday, the State government pressed the lockdown button to tackle the onslaught by announcing a fresh set of restrictions from Monday.According to the new guidelines, apart from continuing with the night curfew and Sunday lockdown, malls, large standalone shops and shopping complexes will remain closed on all weekdays…
  • Mall developers remain steadfast on collaboration, digital innovation to ride out Covid-19 resurgence
    23 April 2021, Indiaretailing.com
    Even as Indian retail real estate and retail sectors were on verge of recovery and normalcy with business back to 80-90 percent of pre-pandemic levels, a devastating second wave of the Covid-19 pandemic has brought back the horrors of shutdowns, curfews and lockdowns. Delhi and Maharashtra have already ordered shutdowns of malls, FEC and cinemas until April 30 and with cases soaring pan-India, other state governments are expected to follow suit…
  • Bengaluru: Orion mall being closed ahead of night curfew and Weekend curfew to curb the spread of coronavirus, in Bengaluru #Gallery
    22 April 2021, Socialnews.xyz
    Bengaluru: Orion mall being closed ahead of night curfew and Weekend curfew to curb the spread of coronavirus, in Bengaluru on Thursday April 22, 2021. (Photo:Dhananjay Yadav/IANS)Bengaluru: Malleshwaram flower market wears a deserted look ahead of night curfew and Weekend curfew to curb the spread of coronavirus, in Bangalore On Thursday April 22, 2021. (Photo:Dhananjay Yadav/IANS)Bengaluru: Goraguntepalya (Tumkur Road Highway) wears a deserted look ahead of night curfew and Weekend curfew to curb the spread of coronavirus, in Bengaluru on Thursday April 22, 2021…
  • These sectors are likely to be hit the most by covid second wave-Business Journal
    21 April 2021, Business-journal.in
    Mumbai: As more and more states in the country impose localised lockdowns due to surging covid-19 cases, consumer-focussed sectors are likely to bear the burnt of the second wave the most. Even as a ramp-up in vaccination programme amid the brutal second wave in India may see limited economic impact, analysts said lockdowns will slow down business activities and lower spending/income. Sectors such as hotels, aviation, consumer retail, tour and travels, multiplexes and high beta sectors like autos, financials, select consumer discretionary are expected to be worst impacted, according to analysts…
  • Covid-19 Crisis: Karnataka Govt Imposes Night Curfew from April 21; Malls, Cinema Halls Shut
    21 April 2021, In.news.yahoo.com
    The Karnataka government on Tuesday announced a night curfew and a weekend lockdown for the entire state to curb the spread of Covid-19.The night curfew will be in place from 9pm on April 21 to 6am on May 4. The weekend curfew will be enforced from 9 pm on April 23 to 6am April 26. However, all essential services will remain operational. Karnataka has reported 21,794 new Covid-19 infection and 149 deaths in the last 24 hours, according to the state government’s health bulletin released on Tuesday…
  • Lockdown Not A Solution, Say Indian Retailers
    20 April 2021, Bwmarketingworld.businessworld.in
    Retailers Association of India has outlined the definition of a standalone store for easy reference for its retail members, state and local governments. The Retailers Association of India (RAI) has said that it appreciates the government’s intent behind trying to curb the second wave of the pandemic through various measures. However, with varied localized restrictions across states, the retail industry is beginning to see similar issues repeating in some form that were faced last year…
  • Mall revenue recovery to be 80-85% of pre-pandemic level
    20 April 2021, Fibre2fashion.com
    The revenue of shopping malls in India is expected to grow 45–55 per cent this fiscal, but would still be 15–20 per cent below the pre-pandemic levels because of continuing waivers for underperforming retail segments and the possibility of fresh waivers due to mobility curbs following the second wave of the pandemic, an analysis by CRISIL Ratings has said.The new restrictions related to the second wave of COVID-19 will affect retail sales, but the debt-servicing ability of the malls rated is expected to be largely intact in the near term because of strong sponsors and healthy liquidity…
  • Closure of economic activity will lead to permanent closure of businesses, job losses: RAI
    20 April 2021, Outlookindia.com
    New Delhi, Apr 20 (PTI) With varied localised restrictions being imposed across states in the wake of the second wave of COVID-19 pandemic, RetailersAssociation of India (RAI) on Tuesday said closure of economic activity at this juncture will lead to permanent closure of businesses and millions of job losses.Stating that the retail industry is beginning to see similar issues repeating in some form that were faced last year, the retailers”body said that non-essential or non-food retail and malls should be allowed to operate with strict surveillance.”Shutting down non-essential or non-food retail and malls is not the solution…
  • India COVID update: Night curfew in Kerala from tonight – Malls, cinemas to shut by 7.30 pm
    20 April 2021, M.dailyhunt.in
    A high-level committee, chaired by Kerala Chief Secretary VP Joy, on Monday decided to impose a night curfew from 9 pm to 5 am starting Tuesday, forthe next two weeks in order to curb the rising spike in Covid cases in the state. “Restriction on non-essential activities and movement at night between 9 PM and 5 AM shall come into force from 9 PM of April 20, 2021”, the government order said. No gatherings of any kind will be permitted between 9 PM to 5 AM…
  • Fresh Covid curbs: Sales slump, malls back to square one
    20 April 2021, Newindianexpress.com
    Online shopping likely to be expanded to avoid crowds; tuition centres, most of which were operating virtually for a year, to remain closed till situation improvesKOCHI: It’s back to square one for the shopping malls in the city, which have been slowly recovering with increased business as the new rules force them to shut shop at 7 pm from Tuesday.“For the past one year, we have been following the protocol issued by the government and will be continuing to follow it,” said N B Swaraj, Lulu Group India Media Coordinator…
  • Covid vaccination camp set up in Ambience Mall in Gurugram
    20 April 2021, Dailypioneer.com
    In collaboration with the District Health Department, The Ambience Mall on the Delhi-Gurugram Expressway in Gurugam has set up a Covid vaccination camp inside it’s premises to provide free Covid jabs to visitors, nearby residents and employees of the mall.Giving more information about the drive, Arvind Kapoor, General Manager of the Ambience Mall told The Pioneer, that the camp was set up for the last three weeks on every Sunday and this week on Monday specially for the 45 plus age groups of people…
  • Modern retail industry severely hit by COVID-19 second wave: SCAI
    20 April 2021, Thenewsminute.com
    The Shopping Centres Association of India (SCAI) said that the second wave of COVID-19 has severely impacted the modern retail industry. In a statement, the industry body noted that it has been urging the government to support the industry with financial waivers and allow shopping malls to operate once they reopen the other markets. In order to supplement the government’s effort in carrying out an extensive vaccination drive, SCAI has also approached the state governments to conduct the vaccination camps at malls…
  • Retailers, e-commerce firms urge State govts to allow doorstep delivery of non-essentials

    20 April 2021, Thehindubusinessline.com
    Companies operating in categories driven by discretionary spends have been hit the hardest, say playersWith more and more States imposing lockdowns to curb rising Covid cases, retailers and e-commerce companies are urging State governments to allow doorstep delivery of non-essential products.States like Maharashtra, Delhi and Rajasthan, which have imposed lockdowns, are only allowing doorstep delivery of essential products such as food, pharmaceuticals and medical equipments.Manisha Sangani, Director & CEO, Just Lifestyle Private Ltd, which runs Just Watches retail chain, said, “The restrictions and lockdowns have been a setback for organised retail…

  • COVID-19: Punjab extends night curfew hours, malls, cinema halls closed, check new restrictions here
    20 April 2021, Zeenews.india.com
    COVID-19: The new restrictions in Punjab will come into force from Tuesday in which curfew timing will now start from 8 pm and last till 5 am.New Delhi: The Punjab government on Monday (April 19) announced stricter measures including the extension of night curfew by an hour and closure of public spaces like bars, cinema halls, gyms, spas, coaching centres and sports complexes in the wake of the worrying surge in COVID-19 cases…
  • COVID-19: Bihar imposes night curfew; educational institutes, malls, gyms to remain shut till May 15
    19 April 2021, Maharashtrasamachar.com
    Patna (Bihar) [India], April 18 : In the light of the surge in the COVID-19 cases in the state, the Bihar government on Sunday impose night curfew in the state. Chief Minister of Bihar Nitish Kumar said, “Night curfew will remain in place across Bihar from 9 pm to 5 am. All shops selling vegetables, fruits, eggs and meat will be closed by 6 pm. Restaurants and dhabas to be operational for home delivery and take away services till 9 pm.”…
  • Corona Positivity Rate 25% In Delhi In A Month; Delhi Sitting On Covid Bomb: CAIT
    18 April 2021, News18.com
    The havoc of the corona epidemic is growing very fast across the country and in the wake of the rapid growth of Covid in Delhi, the Confederation ofAll India Traders (CAIT) said in a letter to LG Anil Baijal and Delhi CM Arvind Kejiwal on Sunday, demanding that a lockdown of at least 15 days should be imposed in the national capital with immediate effect and strict measures be implemented to screen people at airports, railway stations, bus stand and border points…
  • Covid restrictions in Maharashtra leave retailers and restaurants in the lurch-Business Journal
    17 April 2021, Business-journal.in
    Mumbai: Having suffered losses for over seven months in 2020 following the nationwide lockdown, retailers, hoteliers, and restaurateurs are facinganother battle for survival with Maharashtra announcing more stringent restrictions to reign in the covid-19 surge. To contain the covid-19 surge, Maharashtra Chief Minister Uddhav Thackeray on Tuesday announced curfew-like restrictions on the movement of people in the state for 15 days starting 8pm on Wednesday. Maharashtra is the most severely hit state in the country, accounting for over 50% of covid-19 cases in the country, as per the union health ministry data…
  • WITNESS FAIRYTALES COMING TO LIFE AT PHOENIX MARKETCITY’S VERY OWN HOLIDAYLAND!
    17 April 2021, Expressnews.asia
    Chennai: Providing a mesmerizing summer experience, Phoenix MarketCity has transformed itself into a magical Holidayland with dreamlike installations of popular characters from fairy tales!From spiraling down into Alice’s wonderland to sharing a basket of apples with Red Riding hood while running away from the big bad wolf, the surrealistic décor installations at Phoenix MarketCity’s are an absolute visual treat to escape from the reality. Also, be sure to stop by and look-out for a gleaming Pinocchio, as he rides on the dolphin with his aquatic friends…
  • COVID: Restrictions likely to impact customer footfalls but have adequate stocks, say retailers
    16 April 2021, Economictimes.indiatimes.com
    Retailers and FMCG makers say they have adequate stocks at stores and warehouses and are prepared to manage the situation in the wake of fresh restrictions being imposed by various states amid a surge in COVID-19 cases. Retailers are expecting an impact on customer footfalls in their stores but said they are monitoring the stocks, and have also suggested to the government to manage the situation with the help of technology and data rather than arbitrary lockdowns…
  • India Inc bracing for lockdown 2.0
    16 April 2021, Thehindubusinessline.com
    Larger companies ready with plans to face disruptions; smaller firms may bear the bruntHundreds of companies across different sectors including manufacturing, textile, consumer durables, automobile, travel, and hospitality are facing massive disruptions to business as a number of States have imposed a second lockdown to combat the second surge of Covid-19.While larger companies appear better prepared this time around with adequate stocks and alternative plans, it is the small and medium-size companies that will bear the brunt as they are yet to recover from the impact of last year’s lockdown…
  • Malls, retailers need to adapt to rapid digital adoption: Siddharth Yog
    15 April 2021, Livemint.com
    ‘Digital adoption has accelerated but it would never replace the physical experience. I believe it will displace physical shopping to some degree. One will have to find ways to create experience-led shopping for which people will still gather in these centres’ Bengaluru: The second wave of the pandemic and partial lockdowns may prove to be a setback for shopping malls and offline retailers, who were recovering from last year’s impact. Just five new malls opened in the country last year, and with the spillover to 2021, 14 new malls were expected to be operational by year-end…
  • COVID-19: Malls, spas, auditoriums, gyms to shut down in Delhi on weekends
    15 April 2021, Aninews.in
    Malls, spas, auditoriums and gyms will be shut down to check overcrowding at public places on Saturdays and Sundays as Delhi Chief Minister Arvind Kejriwal on Thursday announced a weekend curfew in the national capital amid a massive surge in COVID-19 cases.Curfew passes will be issued to those rendering essential services, the Chief Minister said while addressing the media here…
  • CMAI appeals against another full lockdown in Maharashtra
    15 April 2021, Screenprintindia.com
    Rajesh Masand, President of Clothing Manufacturers Association of India (CMAI) said in a statement “Garment industry has been hit particularly severely by the pandemic last year. Retail, which is the lifeline of garment industry, was one of the last sectors to be opened. It has taken the industry close to a year to regain at least some semblance of pre-covid business levels. Even now our industry, unlike many others, has just about touched 70% of pre-covid levels…
  • Mall Revenue Recovery To Be 80-85% Of pre-pandemic Level This Fiscal
    15 April 2021, Moneycafe.in
    Share on Facebook Share on TwitterSHEIN Many GEO’s bredcrumb bredcrumbEnterprise oi-Sunil Fernandes|Revealed: Thursday, April 15, 2021, 9:49 [IST]Income of purchasing malls is foreseen rising 45-55% this fiscal after an anticipated 45% decline in fiscal 2021. That may nonetheless be 15-20% beneath the pre-pandemic ranges due to persevering with waivers for some underperforming retail segments and the opportunity of contemporary waivers throughout segments attributable to mobility curbs following the second wave of the Covid-19 pandemic, an evaluation of India’s prime 14 malls rated by CRISIL Rankings exhibits…
  • DLF Promenade launches Sunkissed Summer campaign
    14 April 2021, Latestnews.fresherslive.com
    DLF Promenade, Delhi’s ultimate fashion destination, brings yet another campaign to engage, entertain and offer stellar services as well as a quality shopping experience to all its patrons. Spring – Summer is the time to get on the groove and be creative with your outfits. Whether you’re pining for a colourful co-ord set or dreaming about going out to dinner in a beaded dress, DLF Promenade’s latest summer edit has something for everyone…
  • An Appeal To Avoid Reimposition Of Lockdown
    14 April 2021, Textilevaluechain.in
    The Clothing Manufacturers Association of India (CMAI), is one of the oldest and largest Association representing the Garment Manufacturing and Retail industries, with close to 4,500 members serving to the Domestic Apparel Industry since its inception in 1963.In a Press Release issued by the Association, Mr Rajesh Masand, President, CMAI stated that in the midst of Covid pandemic last year, CMAI had interacted with Shri Uddhav Thackeray, Hon’ble Chief Minister of Maharashtra, Shri. Aditya Thackeray, Shri. Subhash Desai, Hon’ble Minister of Tourism & Environment and Hon’ble Minister of Industries, Govt of Maharashtra, respectively and several concerned Officers on various occasions…
  • Limited Edition Festive Menu at Yauatcha, Kolkata To Welcome Bengali New Year 2021
    14 April 2021, Thekolkatamail.com
    Yauatcha is gearing up to welcome the Bengali New Year 2021 with a limited-edition festive menu available from 12th April until 10th May 2021 for both dine-in and delivery. For Poila Boisakh, Yauatcha offers traditional Bengali dishes cooked with a Cantonese twist. Quest Mall, on the other hand, has dressed up the mall and Yauatcha has decked up with vibrant hangings inspired by Mandala art, the Buddhist spiritual symbol for the universe. Along with the hangings, you can also see the mall take on the God Laxmi’s pot, a symbol of wealth and prosperity, at various locations at Quest…
  • Traders face Rs 46,000 crore loss in last 10 days due to curfew, curbs
    14 April 2021, Newindianexpress.com
    Retail and wholesale businesses across the country have taken a hit of Rs 46,000 crore in the last ten days amid night curfews and partial lockdowns across several states. According to Confederation of All India Traders (CAIT), retailers have taken a hit of Rs 32,000 crore, while wholesale businesses have suffered a loss of Rs 14,000 crore…
  • Second Covid wave threatens OOH sector, agencies try out newer formats to stay afloat
    14 April 2021, Bestmediainfo.com
    The night curfews and weekend lockdowns imposed in different parts of the country have confined people to their homes, reducing the OOH business once again. Prepared this time around, the agencies are experimenting with different formats to tide over the crisis Rattled by the lockdown in 2020, the out-of-home (OOH) industry is once again bracing to face a setback with the second wave of Covid-19 infections in India this year pushing people back to the safety of their homes…
  • Govt asks malls, airports to ensure no sale of non-BIS toys
    14 April 2021, Timesofindia.indiatimes.com
    NEW DELHI: The government’s standards organization has asked all malls and airports to ensure no non-BIS certified toys are sold within their premises. Indian has banned the sale of non-BIS certified toys from January 1.Chief of Bureau of Indian Standards (BIS), Pramod KumarTiwari said they have sensitised the stakeholders about the new norm and for complete compliance. He said so far 250 toy manufacturers have obtained the BIS certification. Only seven months back there was not a single BIS certified manufacturer in India…
  • COVID fear drives down footfalls from Kolkata malls before Bengali New Year
    13 April 2021, Money9.com
    Footfalls in prominent shopping malls and hangout zones in Kolkata have declined by more than 30% just before the Bengali New Year, a key shopping season Image: Wikimedia Commons The spike in the number of COVID infections is driving down footfalls in Kolkata shopping malls and hangout zones just before the peak shopping season of Bengali New Year. Prominent shopping malls in the city told Money9 that they witnessed a decline of as much as 30% in the last weekend. Bengali New Year, or ‘Poila Baishak’, is on April 15…
  • Businesses in India’s richest state choke under new Covid-19 curbs
    13 April 2021, Hr.economictimes.indiatimes.com
    “One month (of lockdown) is equivalent to about $5 billion of revenue for retailers from just Maharashtra,” Kumar Rajagopalan, CEO of the Retailers Association of India, told Reuters. “We are talking about 1.2 million stores and 5 million jobs.” April 13, 2021, 13:33 IST By Shilpa Jamkhandikar and Abhirup Roy MUMBAI: Retailers, restaurants and theatres in India’s richest state are reeling under the impact of harsh restrictions imposed last week by authorities scrambling to curb a resurgence in COVID-19 cases…
  • CMAI appeals against another full lockdown in Maharashtra
    13 April 2021, Livemint.com
    The association has said a full lockdown could further cripple the financial health of the state’s garment manufacturing units : The Clothing Manufacturers Association of India (CMAI), which includes 4,500 members of the country’s apparel manufacturing and retail market, has appealed to the government of Maharashtra against imposing a complete covid-19 lockdown, which, it said could further cripple the financial health of the state’s garment manufacturing units. “Garment industry has been hit particularly severely by the pandemic last year. Retail, which is the lifeline of garment industry, was one of the last sectors to be opened…
  • Haryana night curfew: Gurgaon restaurants, malls fear huge losses
    13 April 2021, Indianexpress.com
    At malls in the city as well, the timings of the night curfew have given rise to massive concerns regarding sales and footfall.The Haryana government’s announcement of a night curfew in the state from Monday night in view of the surge in covid cases has left owners of restaurants and malls in Gurgaon worried that this will be a death knell for their businesses that had only just started getting back on their feet after several months of closure due to the lockdown last year…
  • Amid covid surge apparel retailers see dip in sales
    12 April 2021, Livemint.com
    January and February witnessed improved footfalls owing to end of season sales and declining covid cases, analysts at ICICI Securities said in a report Monday. However, the report pointed out that recovery may be delayed again from the second half of March owing to rising covid cases and subsequent restrictions. “Apparel brands and retail companies under our coverage are likely to report low single digit revenue growth year-on-year in Q4FY21 despite low base implying 80-85% pre-covid recovery,” said ICICI Securities analysts. In April, retailers said sales could fall by 20-50% when compared to the month of March…
  • Shree – The Indian Avatar Eyes 500 Stores Pan India in 5 years
    12 April 2021, Indianretailer.com
    Despite the pandemic, the brand continued to grow and in 2020 alone they launched 18 stores.Vaishnavi GuptaFeatures WriterSHR Lifestyle Pvt. Ltd.’s brand, Shree – The Indian Avatar is excited to announce its expansion plans. The brand is aiming to have 500 stores pan India in the next 5 years.With the newest store in Naraina, New Delhi, Shree – The Indian Avatar has now opened its 95th store and will soon be a 100-store strong brand.Despite the pandemic, the brand continued to grow and in 2020 alone it launched 18 stores…
  • Vaccination drive starts at malls
    12 April 2021, Msn.com
    The health department started vaccinating residents at shopping malls on Sunday, as part of its plan to expand the vaccine outreach on weekends by setting up session sites that witness heavy footfall, officials familiar with the matter said. Two session sites were set up by the health department, at the Ambience Mall on the Delhi-Gurgaon Expressway and City Mall on MG Road, on Sunday. Although the data on the number of people vaccinated at the malls was not available immediately, health department officials said they were equipped to provide 100 jabs, each…
  • Elante Mall to mark its 8th Anniversary on Baisakhi
    11 April 2021, Newznew.com
    Elante Mall to mark its 8 th Anniversary on Baisakhi : This Baisakhi, Elante will celebrate ‘8 years of Happyness’ in providing a superior and safe destination to its customers. On this occasion, as a token of appreciation and gratitude to the people in the Tricity region for trusting in Elante, the mall will add on to the celebrations by giving out assured rewards to every customer shopping for Rs. 2,500 and above. Join Newznew on Telegram To mark the 8 th anniversary, the mall will have a glamorous installation, designed to reflect the elegance and grandeur of Elante…
  • Restaurants stare at losses as fresh restrictions pause recovery
    11 April 2021, Livemint.com
    Business in cities such as Mumbai and Delhi is down by as much as 50-70% Closures and job losses are expected if the situation remains the same for another month : Night curfews, intermittent lockdowns and a second wave of covid-19 infections has once again paused any meaningful recovery seen by the restaurant industry. Business in cities such as Mumbai and Delhi is down by as much as 50-70%. This is a combination of fresh set of restrictions being announced by state governments as well as consumers turning cautious amid a raging second wave…
  • Comment: Why are shopping hours at some Orchard Road malls and retailers changing
    11 April 2021, Thebharatexpressnews.com
    SINGAPORE: Orchard Road never seems to take a break. Whether it’s the sprawl of malls in malls, the opening of Changi Airport Jewel, or evencomplaints from locals about the repetition and lack of imagination of the tenant mix in malls, this beloved shopping belt has taken on countless new challenges, but always seems to find a new way forward. Recently, however, a few small changes suggest that the COVID-19 test could go further than we think and could reshape retailing in Singapore for good…
  • Retail, hospitality enterprises face shutdown as lockdowns hit business
    11 April 2021, Financialexpress.com
    As per analysts at Crisil Research, Mumbai and Delhi-NCR account for nearly 50% of the total organised restaurant market.“While implementation of stricter rules to curb the spread of the pandemic is necessary, it is also important to calibrate a balance between lives and livelihood,” RAI added.“While implementation of stricter rules to curb the spread of the pandemic is necessary, it is also important to calibrate a balance between lives and livelihood,” RAI added…
  • Digitizing the future: Why digital parking will pave the way to smarter cities
    10 April 2021, Cnbctv18.com
    Parking is becoming seamless using cutting-edge mobile apps. As technology continues to evolve, parking will become more secure than ever before.To say that technological innovation has changed the world would be an understatement at this point. In just a decade, the technologically-driven world has become nearly unrecognisable. The change is for the positive. Daily manual processes have become simple, convenient and quick with the help of automation, and the shift is still ongoing.More recently, the COVID-19 outbreak catalysed the widespread adoption of forward-looking technologies across the world…
  • Retailers’ body urges for centralised framework for operations amid rising COVID cases
    10 April 2021, Newindianexpress.com
    RAI asserted that what will help ‘break the chain’is avoiding crowding and following safety and social distancing protocols.NEW DELHI: Retailers Association of India (RAI) on Friday called for a centralised framework that allows for “non-discriminatory operations” of all formats of retail amid various states imposing restrictions and weekend lockdowns in the midst of rising COVID-19 cases.Stating that shutting down of non-essential retail and malls is not the solution, the retailer’s body said instead there is an urgent need for stricter surveillance to ensure that all rules with regards to safety and hygiene and social distancing norms are followed by everyone…
  • Curfew will hit business hard sans benefits: Bengaluru traders
    10 April 2021, Timesofindia.indiatimes.com
    BENGALURU: The Corona Curfew clamped from Saturday in eight cities will do harm more than curb the spread of the pandemic, said representatives of business and industries. They pointed out that this comes at a time when the sectors were just about recovering from lockdown losses.Shopping malls, supermarkets and standalone outlets may be the worst hit by the 10-day night curfew and they’re worried about missing out on Ugadi shopping over the weekend…
  • New trends that will define the future of retail in India
    10 April 2021, Indiaretailing.com
    The retail industry in India is in the midst of a paradigm shift, transitioning from an unorganised sector to an organised venture.Small enterprises are working towards the formalisation of their companies for a better growth prospective. The ongoing Coronavirus pandemic has furthered the shift towards organised industry since retailers have been forced to adopt technology and automation to forward their businesses.Added to this, companies are now looking to hire tech-savvy people to cope with the ever-changing environment…
  • Hiring activities rise in March, says reports
    10 April 2021, Retail.economictimes.indiatimes.com
    The retail sector, which was severely impacted by the pandemic, is also seeing robust revival, with sequential hiring activities seeing an uptick of 15 per cent last month, as per the report.Mumbai, Hiring activities rose marginally with job listings rising to 2,436 in March compared to February this year, according to a report. The increase of three per cent in job listings on a month-on-month basis was mainly led by IT-software and retail sectors.In February, the job listings stood at 2,356…
  • New Covid restrictions to hurt recovery of businesses
    09 April 2021, Theweek.in
    Girish Nayak’s restaurant in the coastal town of Vasai, near Mumbai, had just got out of the trouble caused by the pandemic and lockdowns. Now a fresh round of restrictions, owing to the spike in Covid-19 cases in Maharashtra, has forced him to close the eatery. And Nayak is not sure if he will be able to survive this one. “A major chunk of the business is through walk-ins,” he said. “When customers come in, they order more…
  • Fresh restrictions worry businesses
    08 April 2021, Thehindu.com
    The State government’s decision to restrict the number of people visiting malls, entertainment parks, cinema halls and amusement parks from Saturdayto control the spread of COVID-19 has dampened the spirits of businessmen whose balance-sheets had just started showing positive signs after the lifting of the lockdown.Those representing the mall sector said from January, business had started bouncing back in most malls and until February, business was good (compared to the pre-COVID-19 levels). But since March, footfalls had started dwindling…
  • Tamil Nadu COVID-19 fresh curbs: Malls, restaurants to operate at 50% capacity. Know other rules
    08 April 2021, Livemint.com
    Tamil Nadu’s daily Covid-19 count nearly touched the 4,000-mark on Wednesday with as many as 3,986 people testing positive for the deadly virus Meanwhile, on Wednesday, Tamil Nadu High Court warned that the Covid-19 situation appears to be very serious in the state Tamil Nadu government on Thursday imposed several new guidelines to tackle the pandemic situation in the state. The directive came a day after the Tamil Nadu High Court warned that the Covid-19 situation appears to be very serious and noted that people are not wearing masks and appear to be taking chances, news agency ANI said…
  • Retail sector sees revival in hiring as second Covid wave haunts India
    08 April 2021, Business-standard.com
    As the second Covid wave begins to haunt us, a new report said on Thursday that apart from the IT-software industry, retail sector that was severely impacted by the pandemic has seen robust revival in hiring that saw an uptick of more than 15 per cent in March.Amid the wave of digital transformation, the IT-software sector once again remained shielded and hiring continued to grow by 11 per cent in the sector in March over February…
  • Covid-19 vaccination at malls, schools, RWAs? Yes, say healthcare providers
    08 April 2021, Businesstoday.in
    The set of recommendations submitted by NATHEALTH to Ministry of Health and Family Welfare and NITI Aayog include setting up of vaccination centres in malls, schools, airports, resident welfare association centres A representative body of private healthcare industry, NATHEALTH-Healthcare Federation of India, has suggested inclusion of accredited diagnostic labs and home care and specialty providers for setting up temporary vaccination centres and inoculating the elderly at home…
  • Administer COVID jabs to retail staffers: Retailers Association
    08 April 2021, Greaterkashmir.com
    Retailers Association of India- Kashmir Chapter has urged the administration in Jammu and Kashmir to administer COVID vaccines among retail staff members in the Kashmir division.President, RAI Kashmir chapter, FarhanKitab said that “retailers and their staff are among the most vulnerable due to their interaction with people from different places…
  • Manali’s best shopping experience
    07 April 2021, Timesofindia.indiatimes.com
    Manali’s best shopping experienceCredit: iStock01Manali’s best shopping experienceHolidays are incomplete without shopping! Retail therapy is the best after doing adventure activities and tourist spots hopping. The most exciting part of any trip is roaming and exploring the destination and picking some memorable souvenirs to take back home.Manali, a gorgeous hill station, too has its fair number of shopping places, where one can stop and buy some amazing products, such as sweaters, wooden statues, handicrafts and much more…
  • Nextlevel Media Ventures wins media rights for Pacific Mall
    07 April 2021, Exchange4media.com
    The media rights were won following a competitive bidding processNextlevel Media Ventures has won the exclusive media sales rights for Pacific Mall, Kaushambi, Sahibabad. The media right was won following a competitive bidding process.Mrityunjay Kumar from Nextlevel Media Ventures informs “We are delighted to share that we have recently acquired some of very interesting media inventories in Delhi NCR and one among them happens to be Pacific Mall, Anand Vihar.”“Pacific Mall, Anand Vihar is strategically located at the gateway to Uttar Pradesh and all its media inventories are having very high visibility…
  • Emaar Group appoints Chandrasekar Radhakrishnan as Head of Marketing
    07 April 2021, Exchange4media.com
    Radhakrishnan will be responsible for strategic marketing and communications for Emaar Properties, Emaar Development, Emaar Malls, Emaar Hospitality, Emaar Entertainment and Emaar LeisureEmaar Group has appointed Chandrasekar Radhakrishnan as its new Head of Marketing. Chandrasekar Radhakrishnan informally known as ‘Chandru’, joins Emaar this month after his successful stints with leading global FCMG and telecom players for over two decades.Chandrasekar Radhakrishnan will be responsible for the strategic marketing and communications for Emaar across the group, including Emaar Properties, Emaar Development, Emaar Malls, Emaar Hospitality, Emaar Entertainment and Emaar Leisure…
  • Set up vaccine centres in RWAs, malls, schools, airports, corporations
    07 April 2021, Nationalheraldindia.com
    In the representation to the Health Ministry, NATHEALTH has suggested involving other healthcare providers with skilled medical workforce to ramp up to the vaccination driveNATHEALTH-Healthcare Federation of India, an apex body representing the ecosystem of the private healthcare sector, has submitted a set of recommendations to the Union Ministry of Health and Family Welfare and the NITI Aayog on the urgent need to scale up the country’s vaccination drive by including private diagnostics labs and home care providers in the inoculation process…
  • COMPANY NEWS Phoenix Mills temporary closes malls in Mumbai, Pune
    07 April 2021, Citrusinteractive.in
    Phoenix Mills (including its subsidiary companies) has temporarily closed its Malls in Mumbai and Pune until April 30, 2021 except for the permitted outlets providing essential services, online deliveries and F&B outlets providing delivery/takeaway services on the back of Government of Maharashtra has issued guidelines under its action plan ‘Break the Chain’ and issued directions, which inter alia require all shops, markets, malls except essential services to remain closed till April 30, 2021.Phoenix Mills is engaged in property development in India…
  • Manali’s best shopping experience
    07 April 2021, Timesofindia.indiatimes.com
    Mall RoadCredit: Stock01Mall RoadThe list wouldn’t be complete without mentioning Mall Road. One of the top places for shopping in Manali, the Mall Road is the most visited attraction of every hill station in India, including Manali. Here, one can find almost everything, from apparels and footwear to utensils and electronics!Himachal EmporiumCredit: iStock02Himachal EmporiumSituated on the Mall Road, this place is a haven for the lovers of artistic handicrafts! You will find yourself surrounded with delicate and beautiful items inside the emporium…
  • Maharashtra lockdown may wipe out 9-month recovery of offline smartphone retail
    06 April 2021, Telecom.economictimes.indiatimes.com
    In the smartphones market, lengthy lockdowns can potentially wipe out the 9-month recovery in the offline sales channel, which has just bounced back from a record low market share of 49% in the December quarter to 60% in the January-February. Business is already down 60% in Mumbai and Pune, but a 25-day absolute lockdown will accentuate things further…
  • Inside: R City Mall’s attempt to woo patrons with social media content and lucky draws
    06 April 2021, Socialsamosa.com
    We take a look at how R City Mall leveraged social media and a bumper prize of a flat at Runwal My City to make people feel safe and welcome to shop at the mall. Back to Happy — Back to R City was the biggest initiative for R City Mall post lockdown. It included on-ground initiatives at the R City Mall Ghatkopar as well as social media activities to lead people there…
  • Checks in malls, markets to curb mask violations in Gurugram
    06 April 2021, Retail.economictimes.indiatimes.com
    “As per the instruction of state government, it is necessary to ensure the standard operating procedure compliance in every programme. Gatherings will only be allowed with prior permission and strict adherence to the appropriate COVID-19 behaviour such as social distancing norms, wearing of face masks, sanitisation, hand hygiene and provision for thermal scanning,” said Dr Garg.GURUGRAM : With the surge in Covid-19 cases in the city, the district administration has decided to intensify drives to tackle mask violations in the city…
  • Camps at malls, metro to up vax speed in Gurgaon
    06 April 2021, Timesofindia.indiatimes.com
    Gurgaon: To speed up Covid-19 vaccinations in the 45-plus population, the health department and private hospitals will soon expand session sites to malls, metro stations and public transport hubs.To start with, such camps will come up at Ambience Mall, MG Road, Huda City Centre metro station, Gurgaon railway station and Sadar Bazar bus depot, the places that draw maximum footfall.Each of these camps will have an observation room, a vaccination room, a verification room and medical infrastructure with AEFI management. An ambulance will also be kept on standby near every session site…
  • Admin issues protocols to RWAs and malls, asks residents to work from home
    06 April 2021, Hindustantimes.com
    The district administration on Tuesday issued standard operating procedures to residents’ welfare associations and managements of malls and shopping complexes because of the increasing Covid-19 infections in the city The district administration on Tuesday issued standard operating procedures to residents’ welfare associations and managements of malls and shopping complexes because of the increasing Covid-19 infections in the city. The administration officials appealed to the public to avoid travelling and work from home, if possible, and recommended RWAs to maintain a record of residents travelling by air and share the details with the authorities concerned for better tracking of cases…
  • Current restrictions will wipe out 60% of local restaurant companies says Maharashtra Restaurant owners
    06 April 2021, Restaurantindia.in
    The stringent restrictions on mall entries have already reduced the footfall in the mall drastically and thus the sales have come down to 0 level. Short Description As Maharashtra witnessed signs of a second surge and cases started to mount up significantly, restaurant across the state has been closed for 30 April. This is going to impact largely on the Food and the hospitality industry which is still reeling under the pressure of recovery from the 1st lockdown…
  • Fresh lockdowns & Entertainment industry: Staring at the spectre of loss again
    06 April 2021, Adgully.com
    Faced with a second wave of COVID-19 infections currently, lockdowns, night curfews and strict protocol orders have been imposed in several states, including Maharashtra and Delhi. The country stares at the spectre of a repeat of 2020 as daily COVID-19 crossed 1 lakh on April 4, 2021.Along with various sectors, the current developments do not augur well for the entertainment sector. Having just achieved some normalcy, the entertainment is in a tizzy as cinema halls, malls, theatres have been shut down in Maharashtra till April 30…
  • Maharashtra shutdown: Retailers, traders fear closure of non-essential shops will cripple industry
    06 April 2021, Thehindubusinessline.com
    The Retailers Association of India (RAI) urged the Maharashtra government to calibrate a balance between lives and livelihood and stated that complete shutdown of non-essential retail businesses will impair the ability of retail and allied businesses to survive.The Confederation of All India Traders (CAIT) has also urged the State government to not overlook the economic impact of such restrictions…
  • Retail bodies seek easier rules as Maharashtra govt begins state-wide curbs
    06 April 2021, Livemint.com
    The National Restaurant Association of India urged the state government to allow restaurants to function within normal hours while following safety protocols in the absence of which it sought compensation for loss of business that the sector may endure this month New Delhi: Several retail and restaurant industry bodies on Monday appealed to the Maharashtra state government asking it to reconsider latest rules put into place to control the spread of covid-19 in the state…
  • Retail lockdown in Maha to hit businesses, cash flow: Retailers Association
    05 April 2021, Business-standard.com
    Retailers Association of India (RAI) on Monday termed measures announced by the Maharashtra government to combat the surge in COVID-19 cases in the state as ‘retail lockdown’and said shutting of retail businesses other than essentials will impair the ability of businesses to survive.Stressing on the importance to calibrate “a balance between lives and livelihood”, RAI said the #BreakTheChain order by the Maharashtra government once “again brings a majority of retail businesses to a complete halt. Retail businesses of non-essential goods are feeling discriminated against for being pressed by restrictions and lockdowns without any respite from the government”…
  • New coronavirus curbs to impact malls badly, says Bengaluru’s Garuda Mall CEO Nandeesh MR
    05 April 2021, Cnbctv18.com
    The Karnataka government has revised COVID-19 guidelines for gyms, cinema halls as well as restrictions on public gatherings. Nandeesh MR, CEO, of Garuda Mall in Bengaluru, discussed the impact of these restrictions.“Government has not come forward with any benefits to the malls, they have not reduced any interest, they are not giving any loan postponement, they are imposing the property tax, it is badly affecting the mall people.”Coronavirus LIVE: India daily COVID-19 cases rise from 20,000 to 1 lakh in just 25 daysNandeesh added, “Whatever new restrictions have been imposed, it will impact the footfall of the mall…
  • Pacific Mall, Delhi brings Full power food with Dhansoo Café
    05 April 2021, Fnbnews.com
    Monday, 05 April, 2021, 12: 00 PM [IST] Our Bureau, New Delhi Pacific Mall, Tagore Garden, brings another reason for the millennial to rejoice in the company of good food, and lovely music at the newly launched Dhansoo Cafe. It represents a multi-faceted expression from a vibrant and colourful place, to the coolest café for social meet-ups, to everyone’s favourite bar or a charming dining restaurant. It has the perfect setting, or a personal space, where people can be excited, jittery and awesome…
  • Covid-19 resurgence: Retailers seek rental concessions as businesses get affected again
    05 April 2021, Moneycafe.in
    Many GEO’sRetailers, already seeing a big dip in enterprise, are hoping landlords to be discerning and accommodate their requests. Consultant PictureAs native authorities in lots of elements of the nation are imposing recent restrictions to deal with a renewed surge in coronavirus infections, upsetting enterprise restoration, retailers are again to the negotiating desk with mall-owners and high-street landlords, in search of an extension of concession on rental funds…
  • Maharashtra: Malls, restaurants and theatres to shut till April 30, full lockdown on weekends
    05 April 2021, Retail.economictimes.indiatimes.com
    The rapid spread of Covid-19 finally forced the Uddhav Thackeray government to announce lockdown-like restrictions across the state from 8pm on Monday. On weekends, a complete lockdown will be imposed.MUMBAI: The rapid spread of Covid-19 finally forced the Uddhav Thackeray government to announce lockdown-like restrictions across the state from 8pm on Monday. On weekends, a complete lockdown will be imposed.A state government notification issued late Sunday said all shops except essential services would remain shut till the end of the month, leaving people only Monday to buy non-essential goods this month…
  • Ghaziabad: Tokens for entry into malls, hotels, Rs 250 fine for not wearing mask among new COVID-19 guidelines
    05 April 2021, Firstpost.com
    Uttar Pradesh, so far, has 19,738 active cases while 8,881 people have lost their lives till now as per the data released by the Ministry of Health and Family WelfareWith the rising COVID-19 cases, new guidelines have been proposed in Ghaziabad to control the spread.All the cinemas, parks, commercial complexes, malls and hotels will now have a token system for visitors with entry and exit timings. People will be allowed to visit these places as per the new rules…
  • PVR, Inox down as Maharashtra shuts cinema halls on Covid spurt
    05 April 2021, Thehindubusinessline.com
    Government to implement harsh restrictions amid second wave of the pandemicThe stocks of multiplex operators such as Inox Leisure and PVR were down by 7 per cent and 6 per cent respectively after the Maharashtra Government announced that cinema theatres will remain shut in the State at least till April 30 amid the second wave of the Covid-19 pandemic.At 11 am, PVR Ltd was trading at ?1,151.20 on the BSE, down ?85.60 or 6.92 per cent. It hit an intraday high of ?1,195.50 and an intraday low of ?1,144.60…
  • Maharashtra shuts cinema halls, theatres to bring Covid-19 wave under control
    04 April 2021, Hindustantimes.com
    The state, which accounts for India’s 58.19% of the cases, will see strict restrictions in force from 8 pm tomorrow, under which shopping malls, bars, restaurants, small shops will be open only for take-aways and parcels. Maharashtra, the state worst affected by the coronavirus disease (Covid-19), on Sunday moved to impose restrictions and shut down cinema halls, theatres and multiplexes for public access until further notice to bring the surging viral infection rate under control. Shortly after the state cabinet meeting on the worsening situation in the state, minority affairs minister and NCP leader Nawab Malik confirmed that Maharashtra…
  • Crackdown on shopping malls: Celebrities urge people to follow COVID-19 norms
    04 April 2021, Cinespeaks.com
    As the novel coronavirus cases continue to surge across Maharashtra, the local authorities have started a crackdown on shopping malls. The local civic body – Brihanmumbai Municipal Corporation (BMC) has said COVID-19 test report (RT-PCR) is mandatory for people entering shopping malls in the city. The new rule is said to come into effect from March 22.Celebrities express their concern over the grim scenario and urge people to strictly adhere to COVID-19 guidelines.Ajay Kumar SinghGuidelines have to be followed strictlyI read in the papers about the huge numbers of cases and that is not a good sign…
  • Restrictions due to COVID second wave starts hitting retail segment again
    03 April 2021, Theweek.in
    The strain on the retail industry threatens to cripple the entire value chainBy Abhinav SinghThe retail segment that was on the verge of recovery and inching towards pre-pandemic levels seems to have received a setback due to the restrictions due to the second wave of the Covid-19 pandemic. As the number of Covid-19 cases surge and the pandemic takes a new turn with the second wave in the country, the retail industry is beginning to see similar issues repeating in some form that were faced last year with varied localised restrictions across states in the country…
  • Pune to go under mini-lockdown; Restaurants, malls to be shut for a week
    03 April 2021, Asianet.in
    Mumbai: Eateries, bars and restaurants in Pune district of Maharashtra will remain shut for seven days in view of the spike in coronavirus cases of late, a senior official said.A curfew will be in place across the district from 6 pm to 6 am, and malls, cinema halls and places of religious worship will also be shut during this seven-day period, he said…
  • Fresh restrictions could stall recovery for retailers and restaurants
    03 April 2021, Livemint.com
    States have imposed night curfews, while others are bringing back curbs on large public gatherings to contain the rapid spread of covid-19. Retailers Association of India (RAI) has been repeatedly highlighting the fact that formal retail spaces, especially shopping centres are controlled spaces and have standard operating procedures in place. They have got the ability to adhere to hygiene standards and can definitely ensure social distancing, as compared to local markets. The government should consider easing of restrictions in such places and instead utilise shopping centres to speed up the inoculation drive…
  • Industry bodies oppose closure of PMPML service, malls
    03 April 2021, Indianexpress.com
    Mall operators have also opposed the government’s decision to close malls for seven days.Deputy Chief Minister Ajit Pawar’s decision to not implement a complete lockdown might have come as a relief for Pune Inc, but the suspension of PMPML bus services has been met with stiff opposition. Mall operators have also opposed the government’s decision to close malls for seven days.Pawar, while chairing a review meeting on Friday, ordered a strict movement restriction and a 6 pm-6 am lockdown for the next seven days. Malls, restaurants and educational institutions have been ordered to remain shut for the next week…
  • Fashion retailer sells ‘vaccine-ready’ clothes online; check them out
    02 April 2021, Indianexpress.com
    Fashion company Revolve created a separate sub-category online of what they call “vaccine-ready” clothes or outfitsWhile the pandemic inspired many clothing trends in the past few months, a fashion retailer has now come up with a vaccine-special collection.Fashion company Revolve created a separate sub-category online of what they call “vaccine-ready” clothes or outfits with shoulders exposed for ease of getting a vaccine shot…
  • Pune: Night curfew from 6 pm to 6 am; malls, restaurants, religious place shut for seven days
    02 April 2021, Thestatesman.com
    The night curfew timings have been decided from 6 pm to 6 am. The review meeting is scheduled for next Friday.People being screened for COVID-19 in Pune. (Photo: IANS)As the coronavirus cases surge, authorities in Pune, Maharashtra have ordered a 12-hour curfew starting from Saturday for a period of at least seven days. The night curfew timings have been decided from 6 pm to 6 am. The review meeting is scheduled for next Friday.Religious places, hotels, shopping malls and movie theatres will remain closed for the next seven days, said Pune Divisional Commissioner Saurabh Rao…
  • Experts Discuss Impact Of COVID 2nd Wave On Malls, Restaurants & Hotels | Coronavirus Pandemic
    02 April 2021, Msn.com
    How are malls, restaurants & hotels coping with the rising COVID-19 cases & night curfew?Shereen Bhan speaks to Kamal Gianchandani of Multiplex Association Of India, Rajagopalan Kumar of Retailers Association of India (RAI), Mukesh Kumar & Puneet Chhatwal.#CNBCTV18 #NightCurfew #IndiaFightsCOVID19CNBC-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. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India…
  • Pacific Mall, Delhi brings Full power food with Dhansoo Café
    02 April 2021, Businessnewsthisweek.com
    Pacific Mall, Tagore Garden, brings another reason for the millennial to rejoice in the company of good food, and lovely music at the newly launched Dhansoo Cafe.Dhansoo cafe represents a multi-faceted expression from a vibrant and colorful place, to the coolest café for social meet-ups, to everyone’s favorite bar or a charming dining restaurant. It has the perfect setting, or a personal space, where people can be excited, jittery & awesome. Commenting on the launch, Mr. Vikrant Batra, Founder, Dhansoo Cafe said, “Dhansoo will give a happy, unmute, and eccentric vibe to the guests…
  • Retailers call for coordinated effort at handling 2nd wave of pandemic
    02 April 2021, Outlookindia.com
    New Delhi, Apr 1 (PTI) The Retailers Association of India (RAI) on Thursday called for a coordinated effort at handling the second wave of thecoronavirus pandemic instead of creating diverse restrictions at local levels like weekend lockdowns, shutdown at 8 pm and arbitrary testing inside malls…
  • A clue of what’s to come for dying malls: Phoenix mall owner sells while property is rezoned for other uses
    02 April 2021, Thebharatexpressnews.com
    Macerich’s Paradise Valley Mall in Phoenix, AZ. Google earth The future of the suburban mall might look like a mini-community, with far fewer places to shop. The owner of the U.S. mall Macerich said Thursday it has sold a controlling stake in Paradise Valley Mall in Phoenix for $ 100 million to a joint venture with a subsidiary of Phoenix-based mixed real estate company RED Development. The partners will convert the 92-acre site into a community with homes, offices and a grocery store…
  • COVID-19: Mumbai Mayor hints at imposing strict measures, malls, temples may be shut
    02 April 2021, Zeenews.india.com
    Mumbai Mayor Kishori Pednekar on Thursday (April 1) hinted at imposing strict restrictions in the city in order to curb the rising cases of COVID-19.Mumbai: Mumbai Mayor Kishori Pednekar on Thursday (April 1) hinted at imposing strict restrictions in the city in order to curb the rising cases of COVID-19.He has said that malls, temples and other public spaces which attract large gatherings may be temporarily closed…
  • Localised lockdowns in second wave set to hit services recovery
    31 March 2021, Indianexpress.com
    High frequency indicators have begun to reflect some moderation due to administrative clampdown in a bunch of districts including Maharashtra and Gujarat.THE LOCALISED IMPACT of the fresh wave of rising Covid-19 cases could potentially dent the uptick in business activity, especially in the services sector. High frequency indicators have begun to reflect some moderation due to administrative clampdown in a bunch of districts including Maharashtra and Gujarat…
  • The many channels of retailing in India
    31 March 2021, Retail.economictimes.indiatimes.com
    As the world settles into a new normal, retail businesses need to figure out how to contin-ue to serve their customers best considering the tectonic shifts in consumer behaviour over the last long year.India’s retail market is estimated to reach $1.1-1.3 trillion by 2025, from $0.7 trillion in 2019, growing at a CAGR of 9-11per cent, says a report by Retailers Association of India. That is fabulous growth, right? But there is a twist. This number was originally for 2023, but COVID-19 has effectively moved the goalpost…
  • “Hotels and restaurants heading towards complete collapse due to sudden curbs”
    31 March 2021, Mumbailive.com
    The Brihanmumbai Municipal Corporation (BMC) had last week started rapid antigen testing (RAT) at random at crowded places in Mumbai, including malls, railway stations, bus depots, khau galli, markets, tourist places, and government offices.Amid a massive spike in the number of coronavirus cases, the Maharashtra government imposed fresh curbs and a night curfew from Sunday night, March 28, which has caused distress among businesses that are associated with hospitality, food and beverages sector fearing that stringent rules could cripple the industry…
  • Home Pine Labs brings Buy Now Pay Later to the DLF Luxury Shopping Festival
    31 March 2021, M.dailyhunt.in
    New Delhi: Pine Labs, one of Asia’s leading merchant commerce platforms, is taking its popular Pay Later offering into the exciting luxury goods segment in India.The fintech major has announced that it is the official Pay Later Partner at the DLF Luxury Shopping Festival which started from March 25, 2021, till April 12, 2021. Shoppers at DLF Emporio and The Chanakya Mall, New Delhi, will be able to make their luxury shopping more affordable by using their debit and credit cards on Pine Labs PoS terminals…
  • The art of visual merchandising
    31 March 2021, Deccanherald.com
    Despite the trend of online shopping, brick and mortar stores continue to be an essential part of the retail fashion industry. This is a modal window. Beginning of dialog window. Escape will cancel and close the window. End of dialog window. In such a scenario, visual merchandising is nothing but the art of displaying products to make them attractive and appealing to the customers. Retail stores use visual merchandising to maximise the sales of a product…
  • Indian retail sector goes digital; may create millions of jobs in next decade with online, offline convergence
    30 March 2021, Financialexpress.com
    The Indian retail sector as we know it today is an incredible growth story spanning two-and-a-half decades. As consumers, we have seen how the sector has evolved.retail sectorToday, digitally-savvy consumers have spread across the length and breadth of the countryBy Sangeeta GuptaThe Indian retail sector as we know it today is an incredible growth story spanning two-and-a-half decades. As consumers, we have seen how the sector has evolved. It’s now hard to imagine how two decades back, shopping was a chore that needed so much planning…
  • Mall, multiplex operators rue 80% loss of business
    30 March 2021, Retail.economictimes.indiatimes.com
    All cinema halls (single screens and multiplexes), malls, auditoriums and restaurants in the state have been ordered to remain closed from 8pm to 7am. Multiplexes that were looking forward to resuming at 100% capacity have now been left high and dry with the early closing deadline, that too at an operational capacity of 50%.Pune: The latest state and civic body orders on early closure deadline for malls and multiplexes have taken away 80% of their business that happens during evening hours, operators of such facilities say…
  • Covid-19 second wave leaves Mumbai malls in disarray
    24 March 2021, Fortuneindia.com
    With the Covid-19 pandemic spreading its tentacles across Mumbai once again, the shopping malls in the financial capital are the ones who are bearing the brunt. The random rapid antigen testing (RAT), ordered by Brihanmumbai Municipal Corporation (BMC), has forced patrons to stay away from city malls and they are all reeling under a sudden drop in footfalls. All malls—including the prominent ones such as Phoenix Mall in Lower Parel, R City Mall in Ghatkopar, Infinity Mall in Andheri, Oberoi Mall at Goregaon, Phoenix Mall at Kurla, Atria Mall in Worli, and CR-2 Mall in Nariman Point—have seen a quick drop in number of people visiting. Some are wearing a deserted look…
  • Chennai: Covid surge puts spotlight on crowding
    24 March 2021, Timesofindia.indiatimes.com
    CHENNAI: The spike in cases has put the focus back on public places and crowding. While the state has ruled out a complete lockdown for now, officials are working to bring down cases without affecting the economy. At an expert medical committee meeting on Tuesday, officials analysed reasons for the surge and planned a road map to curb the spread of Covid-19 and strengthen Standard Operating Procedures (SOPs) for workplaces…
  • COVID-19: Restrictions, night curfew in THESE states, check full list here
    20 March 2021, Dnaindia.com
    COVID-19 cases are rapidly increasing once again, and many states have imposed strict safety guidelines yet again to contain the infection. While the Maharashtra government has imposed lockdown or a night curfew in many districts, strictness has been increased in Punjab, Madhya Pradesh, Odisha and Puducherry. New guidelines have been implemented in these states…
  • Rising covid-19 cases, curbs spell bad news for consumer demand
    21 March 2021, Livemint.com
    A surge in India’s covid-19 graph has several retailers and consumer goods companies worried as states move to impose partial restrictions, curb large public gatherings and order random testing at malls, a move that could dent consumer demand and stall recovery…
  • Malls write to BMC Commissioner to reconsider mandatory testing for visitors
    19 March 2021, Cnbctv18.com
    Hours after the Brihanmumbai Municipal Corporation (BMC) said it will be issuing an order directing random antigen tests or negative RT-PCR tests for visitors at malls and shopping centre, malls have written to BMC commissioner Iqbal Chahal urging him to reconsider the decision…
  • Mall and retail associations write to BMC against mandating testing for customers
    19 March 2021, Timesnownews.com
    The associations suggested additional measures like testing mall staff and employees every fortnight instead and expressed concerns that mandating testing for customers will derail the industry’s recovery. The associations wrote to the BMC Commissioner after the civic body mulled mandating a negative test report of an antigen test for customers visiting malls…
  • Pacific Group to launch 3 new shopping centres in Delhi-NCR
    19 March 2021, Indiaretailing.com
    Driven by the zeal to make a mark in the commercial sector of the country, Pacific India – a privately owned and operated group of companies – has been conducting endeavors and operations with a remarkable degree of dynamism for the past 3 decades. The group has steadily emerged as the notable realty and infrastructure developer providing distinctive and specialized services in the Real Estate, Hospitality and Education sectors…
  • 9pm-6am night curfew in Ahmedabad from today
    19 March 2021, Timesofindia.indiatimes.com
    AHMEDABAD: The Ahmedabad Municipal Corporation (AMC) has decided to lengthen the night curfew by one hour. From Friday, curfew will be imposed from 9pm to 6am and malls and cinema halls are to remain closed on Saturdays and Sundays. Rajiv Kumar Gupta, additional chief secretary (forests and environment), who is in charge of Covid management in Ahmedabad, said that after reviewing the situation in Ahmedabad city, it was decided to close the malls and cinema halls on Saturdays and Sundays and lengthen the curfew by one hour, starting from 9pm instead of 10pm. The AMC meeting chaired by Gupta also reviewed the preparedness in the city including availability of beds at Covid designated private hospitals…
  • Why Bengaluru ranked second on retail attractiveness index
    19 March 2021, Livemint.com
    India’s IT capital Bengaluru ranked second on the Kearney retail index released Thursday, overtaking Mumbai in the 2021 edition of the report. Kearney noted Bengaluru’s brand penetration per capita is higher when compared to Mumbai making it attractive for retailers. The cities of Mumbai and Delhi have typically been a big draw for retailers…
  • Retailers Association CEO Kumar Rajagopalan examines the ways in which Covid changed Indian retail
    18 March 2021, Economictimes.indiatimes.com
    February definitely showed good indications of recovery. For modern retail, it was a negative 7% in February, compared to 30-50% negative at the same time last year. There are segments/categories that have done very well. For example, electronics and home products showed very good growth over last year. QSRs and some other food segments have also started showing good signs which means people are wanting to eat out…
  • Tier 2 and tier 3 cities to drive India’s next wave of retail growth: Kearney
    18 March 2021, Timesofindia.indiatimes.com
    Big cities are contributing less to the growth of India’s retail industry, as consumption patterns have changed over the last decade, showed a report. A large group of smaller cities, including Surat, Jabalpur, Raipur, Mangalore and Faridabad have emerged as the growth centers with their own consumer preferences. “Over the years, most of the organized retailers have established strong presence in metros and tier 1 cities. The next wave of growth in retail will be led by emerging cities beyond tier 1 and emerging hotspots within metros and tier 1,” said Siddharth Jain, partner at Kearney, which released the report. This is especially evident in the share of luxury retail spending, which grew from around 9% in 2013 to 55 to 60% in 2018 in non-metro cities, especially Jaipur, Udaipur, and Chandigarh…
  • Retailers body appeals to prioritise Covid vax for workers
    17 March 2021, Newindianexpress.com
    Retailers Association of India (RAI) has appealed to the Ministry of Health and Family Welfare to consider prioritising vaccination for the frontline retail workers who face hundreds of people in the course of dispensing their duties and run the risk of getting infected. In a submission to the Ministry of Health and Family Welfare, RAI expressed that the hard work, struggles, and risk of retail frontline workers must also be appreciated along with the frontline workers of the medical and the law enforcement staff…
  • All restaurants, malls, club houses to remain shut post 10 pm in 8 areas of Ahmedabad
    17 March 2021, Hospitalitybizindia.com
    The Ahmedabad Municipal Corporation has issued an order for all malls, restaurants, eateries, clubhouses and paan shops in eight areas to remain shut post 10 pm. The decision has been taken in view of rising Covid-19 cases in the city. On Monday, Gujarat reported 890 new cases of Covid-19. Of the new cases in the state, Ahmedabad alone accounted for 207 cases. According to the urban local body, the restrictions were announced due to a surge in coronavirus cases in Jodhpur, South Bhopal, Maninagar, Bodakdev, Ghatlodia, Navrangura, Gota, Thaltej areas of Ahmedabad…
  • Retailers reach 93% of pre-COVID sales in February, on brink of full recovery: Report
    15 March 2021, Retail.economictimes.indiatimes.com
    The retail industries business is on the brink of full recovery as it achieved 93 per cent of the pre-COVID sales in February, according to a report. Segments such as consumer durables and quick service restaurants (QSR) have shown positive growth of 15 per cent and 18 per cent respectively in February 2021, the report from the Retailers Association of India (RAI) said. “The quantum of de-growth in retail sales has reduced as most segments in retail have started to show significant improvement,” it said…
  • ‘Shut malls, shopping centres where rules are being flouted’
    17 March 2021, Mid-day.com
    Congress city chief Bhai Jagtap meets civic chief, says places in Kandivli and Malad are witnessing huge crowds and people are flouting COVID normsOf the many demands raised by Congress city chief Bhai Jagtap and other party leaders before municipal commissioner Iqbal Singh Chahal on Monday, the major one was restrictions for shopping centres and malls in certain parts of the city. Jagtap along with others met the civic chief and said that people were not following COVID-19 protocols at many shopping places and that they should be shut down…
  • Retailers’ full business recovery possible in March, rising Covid cases may not impact businesses: RAI
    16 March 2021, Financialexpress.com
    Ease of Doing Business for MSMEs: Consumer durables and quick service restaurants (QSR) categories showed positive growth of 15 per cent and 18 per cent year-on-year respectively in February.”We hope that even if the government enforces partial lockdown, it won’t impact the consumer sentiment and the recovery,” said RAI’s Kumar Rajagopalan. (Representative image)Ease of Doing Business for MSMEs: Monthly recovery of the retail sector in India, which largely comprised of MSMEs, has neared pre-Covid level for the month of February. Retail sales touched 93 per cent during the month in comparison to February 2020…
  • Retailers see full recovery as sales at 93% of pre-Covid era
    16 March 2021, Thestatesman.com
    Retailers are hopeful of achieving pre-pandemic levels of business in the first six months of the year 2021.Recovery across regions is showing steady improvement with Eastern India indicating positive growth of 2 per cent in the month of February. (Photo: iStock)The quantum of de-growth in Retail sales has reduced as most segments in it have started to show significant improvement…
  • February retail sales at 93% of year ago level, says association
    16 March 2021, Livemint.com
    Cities in southern and northern India have shown better recovery, with sales nearing pre-covid levels in February but down 6% and 9%, respectively, YoY. Retail sales in west were down 16% in February retailers are finally seeing recovery in segments such as quick service restaurants (QSR) and electronics chains as mobility normalises and consumer spends on certain categories pick pace. “The quantum of de-growth in retail sales reduced as most segments in retail have started to show significant improvement,” Retailers Association of India (RAI) said in its 13th edition of the Retail Business Survey released Tuesday…
  • ‘Retailers witnessing stronger recovery trends’
    16 March 2021, Thehindubusinessline.com

    Sales back at 93 per cent of pre-pandemic levels in February : SurveyRetailers in the country are hopeful of getting back to the pre-covid levels in the first six months of 2021.According to findings of a survey released by Retailers Association of India (RAI), sales at retail outlets have seen recovery trends and have reached 93 per of pre-pandemic levels in February.The survey indicates that sales in February were at -7 per cent of last year’s levels year-on-year and at -18 per cent in the December quarter of FY20-21 compared to same period last fiscal…

  • With 3 new malls, ILC Group aims to revolutionize mall culture in Delhi-NCR
    16 March 2021, Indiaretailing.com
    The ILC Group, an emerging leader in Delhi NCR’s real estate space, is currently developing a complete spectrum of multiple institutional investment-grade assets across commercial, retail, IT, residential and mixed-use segments.Equipped with an experienced, professional management team and promoters with high market credibility, ILC is able to innovate while striving to set industry standards on excellence. It’s upcoming shopping mall, ‘Good Earth Sixty 9 ‘ in Gurugram is touted to be a retail landmark post completion…
  • Octave Mettle inaugurates showroom at Elante Mall
    16 March 2021, Tribuneindia.com
    Octave — a chain of readymade apparel stores operating in India since 1991 — has opened its 173rd flagship store at Elante Mall, Chandigarh.It was inaugurated by Anil Malhotra, executive director, Nexus Malls. The brand Octave was an initiative of Balbir Kumar and started with men’s wear. Now it has entered into women’s and junior boy’s wear as well. This fall winter, the company will launch its junior girls wear…
  • COVID-19: Fresh restrictions in eight wards of Ahmedabad city
    16 March 2021, Newindianexpress.com
    Night curfew is already being enforced in the cities of Ahmedabad, Surat, Vadodara and Rajkot in Gujarat.AHMEDABAD: In view of rising COVID-19 cases, the Ahmedabad Municipal Corporation on Monday asked eateries, restaurants and malls to close down at 10 pm in eight wards of the city.Night curfew is already being enforced in the cities of Ahmedabad, Surat, Vadodara and Rajkot in Gujarat.Ahmedabad city reported 205 coronavirus cases on Monday.Coronavirus cases have increased in Jodhpur (including South Bopal area), Navrangpura, Bodakdev, Thaltej, Gota, Paldi, Ghatlodia and Maninagar wards of the city, the AMC said in a release…
  • Amid Rise in Covid Cases, Maha Govt Issues Fresh Curbs for Malls & Hotels; Cap on Gatherings
    16 March 2021, News18.com
    A medic from NMMC Hospital takes a swab sample from a commuter for COVID-19 testing, at Turbhe Railway Station in Navi Mumbai, Monday. (PTI)In the wake a rapid rise in cases across the state, the Maharashtra government on Monday extended restrictions imposed in containment zones till March 31 and issued fresh guidelines for the state.While all restaurants, hotels, malls and cinema halls have been advised to operate at half the capacity, all such establishments will also now have to ensure adequate manpower to enforce mask wearing and social distancing…
  • Ahmedabad: Restaurants, malls, salons to close after 10 pm in 8 wards amid Covid surge
    16 March 2021, Livemint.com
    In the order, it stated that restaurants, malls, showrooms, pan shops, clubs, tea stalls, hair salons will be closed after 10 pm in these municipalities. Along with that, the Manekchowk Food and Beverage Market and Raipur Food and Beverage Market will also be closed, it said. Meanwhile, the number of coronavirus positive cases in Gujarat rose to 2,79,097 with 890 people being detected with the infection on Monday, while the day also saw 594 people recovering and one Surat resident dying, an official said…
  • Ahmedabad: Restaurants, malls, salons to close after 10 pm in 8 wards amid Covid surge
    16 March 2021, Livemint.com
    In the order, it stated that restaurants, malls, showrooms, pan shops, clubs, tea stalls, hair salons will be closed after 10 pm in these municipalities. Along with that, the Manekchowk Food and Beverage Market and Raipur Food and Beverage Market will also be closed, it said. Meanwhile, the number of coronavirus positive cases in Gujarat rose to 2,79,097 with 890 people being detected with the infection on Monday, while the day also saw 594 people recovering and one Surat resident dying, an official said…
  • Comedian Parvinder Singh delivered a laughing riot at Pacific Mall
    15 March 2021, Businessnewsthisweek.com
    Pacific Mall, Tagore Garden hosted a humorous stand-up comedy special in association with The Entertainment Factory.The star of the evening was Parvinder Singh, popularly known as ‘Amritsar ka Gabru’, he is an engineer turned comedian who was also a finalist of the Great Indian Laughter Challenge.Parvinder’s jokes are relatable and humorous; his stories in the special ‘Maine Karna Hai Ye’ come with a funny twist and make the audience laugh their hearts out. The event was attended by almost 100 people, it was a housefull show…
  • After Covid, 49% Indians Preferred Shopping Online Than Visiting Malls Or Stores: Survey
    15 March 2021, Abplive.com
    49% say e-commerce became the preferred mode of shopping in the last 12 months after Covid 19 hit the country. A lot changed in our lives after Coronavirus hit the country. While we were locked behind doors, mobile phones and laptops occupied the major part of our lives, replacing almost everything and most of us found out if you a phone with an internet connection everything can be delivered to your doorstep, from clothes to food to appliances, you name it and its there…
  • What the Pandemic Taught Them: Upcoming mall developers talk consumer behaviour, post-COVID designs
    15 March 2021, Indiaretailing.com
    The beginning of the year 2020 saw a remarkable opening for the shopping mall industry.Industry experts predicted a smooth journey ahead, mall developers were bullish on the growth potential of organised retail keeping in mind the flourishing economy and industry experts including ANAROCK had predicted the launch of around 100 new malls spanning over 49 million sq. ft. pan India by the end of 2022. Then the pandemic hit, and it was pandemonium all around.The subsequent global lockdown, shutdown of all economic activities threw the Retail and Shopping Centre industries into chaos…
  • Iris Broadway, Gurugram boasts value-driven product mix, ease of access and shopping convenience
    15 March 2021, Indiaretailing.com
    Established in the early ‘50s, Trehan Builders has over 6 decades of unparalled experience in the field of construction. The group has executed prestigious projects for CPWD, DDA and PWD across Delhi-NCR and delivered over 10 million square feet in Delhi, Gurgaon as well as in Bangalore.Trehan Group ’s project, IRIS Broadway, in sector 85, Gurugram, is rated as the next epicenter of the city with its value driven product mix, ease of access and convenience of shopping…
  • Consumer trust in e-commerce intensifies amidst pandemic-Business Journal
    15 March 2021, Business-journal.in
    Since the country went into a nationwide lockdown mode from March 2020 with the outbreak of Covid-19, e-commerce sites and apps have become the preferred mode of shopping reveals a Local Circles survey. As per the survey which received over 130,000 responses from over 42,000 unique consumers located in 358 districts of India, 49 per cent said they preferred eCommerce sites and apps for shopping in the last 12 months; 18 per cent said they called local retail stores and got home delivery, 31 per cent visited malls, local retailers and markets to shop, while 2 per cent couldn’t say…
  • Retail brands accelerate store expansion
    14 March 2021, Livemint.com
    Retailers such as Benetton, Levi’s, Aditya Birla Fashion Retail, fast food chains such as Domino’s and McDonald’s have progressed on store opening plans. Retailers are seeking new clauses which also cover them against future temporary store closures, a situation that arose last year. Large, organized retailers are putting their expansion plans back on track after covid-19 led disruptions delayed stores openings. Casual fashion, value-fashion, fast-food chains and electronics retailers are likely to lead store openings over the next 12 months, said market experts…
  • Gurugram: Ambience Mall underpass to open to public by April 15
    14 March 2021, Timesofindia.indiatimes.com
    GURUGRAM: The much-awaited Ambience Mall underpass on the Delhi-Gurugram expressway is expected to be opened for commuters by April 15, NHAI has said.With the issue of the shifting of toll gates at the Sirhaul toll plaza finally resolved, NHAI has begun excavation in the middle of the expressway and will soon commence work on the main box structure of the underpass.The project is over 80% complete and the remaining work is expected to be completed in the coming few weeks…
  • F&B outlets in shopping malls fear fresh drop in biz over new curbs
    14 March 2021, Timesofindia.indiatimes.com
    Pune: The 10pm deadline for malls has already begun to drastically affect business at food courts, many establishments in the city said.While food and beverage outlets will continue to offer delivery services till 11pm, the seating area would be off limits by 10pm, affecting these outlets’ business to a great extent.Malls reported steady footfalls during the day on Saturday but added that it had begun to taper off towards the evening. The full impact would become clear only in the coming days, mall operators said.Earlier, malls could operate till 11pm. Now they must close an hour earlier…
  • Last warning, don’t force govt to impose lockdown: Maharashtra CM Uddhav Thackeray
    14 March 2021, Indiatoday.in
    While urging for adherence to Covid-19 guidelines, Maharashtra CM Uddhav Thackeray said everyone has to realise there is a difference between self-discipline and restrictions.Maharashtra CM Uddhav Thackeray interacted with representatives of the National Restaurant Association, Shopping Centres Association on Saturday. He emphasised the need to follow rules if Maharashtra wishes to avoid imitating Europe in terms of the Covid-19 infection rate.The meeting was called in the backdrop of reports that several malls and hotels had failed to adhere to Covid-19 guidelines.”Do not force us to impose a strict lockdown…
  • Revival a big worry for restaurants
    13 March 2021, Timesofindia.indiatimes.com
    Pune: Restaurateurs on Friday expressed dismay at the new restrictions on their business hours announced by deputy chief minister Ajit Pawar, while mall owners were concerned about the sector’s recovery after the pandemic slump.“The revised closing time for the restaurants — 10 pm — effectively reduces the functioning duration by up to an hour,” a restaurant owner said. Pawar’s announcement about an extra hour for takeaways — up to 11pm — also did not cut ice with the restaurateurs.“A 10pm closing deadline means we cannot admit customers from 9:30pm, or even before…
  • Delhi government directs malls, hotels, offices, restaurants to make space for electric vehicles with EV chargers
    12 March 2021, Timesofindia.indiatimes.com
    NEW DELHI: Delhi power minister Satyendar Jain has directed all buildings like malls, shopping complexes, cinema halls/multiplexes, officespaces, hotels, restaurants, hospitals with a parking capacity of over 100 vehicles to set aside at least 5 per cent of parking capacity for electric vehicles (EV) with suitable EV chargers.Earlier in February, Delhi CM Arvind Kejriwal launched ‘Switch Delhi’, an electric vehicle mass awareness campaign, to sensitise citizens about the benefits of switching to electric vehicles.The Delhi government has rolled out incentives on the purchase of EVs among all the states…
  • Cinema is all set to take its crown back from streaming giants
    11 March 2021, Tribuneindia.com
    Rajkummar Rao holding the tickets of his film Roohi at PVR Plaza in Connaught Place, New Delhi. PTISheetal oon after the OTT giants announced their impressive line-up of upcoming movies, specials, originals and series, it seems cinema halls are now ready to offer a tough competition. The audience is no more content with just Netflix, as evident from the crowd that showed up for the opening of the movie, Roohi…
  • How technology is changing fashion
    11 March 2021, Rediff.com
    From omnichannel to AI and 3D technology, the fashion industry is in the middle of a digital revolution. Samreen Ahmad reports. More like thisThe year 2020 has been a remarkable one for businesses in general, but the one underlying theme that keeps popping up is the smart way companies used technology to reach out to customers.The fashion industry is no different. With shopping malls closed and with customers going online, fashion brands have had to reinvent themselves to reach out to customers…
  • F&B and retail complement each other: Pushpa Bector
    11 March 2021, Hospitality.economictimes.indiatimes.com
    The Executive Director, DLF Retail Malls on curating restaurants and what it does for business, at the company’s latest food offering—The Commons at DLF Avenues ET HospitalityWorld spoke exclusively to Pushpa Bector , Executive Director, DLF Retail Malls at the newly opened DLF Avenues Commons in Saket, New Delhi. Bector spoke about the group’s plans in the restaurant space starting with the collection of restaurants featured in Commons. This is an excerpt from the chat…
  • Maximum violation in parks, tourist spots, least in cinema halls
    11 March 2021, Indianexpress.com
    While in Mumbai, Rs 39.8 crore was collected from 19.66 lakh offenders who didn’t wear mask, in Pune, Rs 5.3 crore was collected from 2.37 lakh offenders. Beed tops in percentage wise violations.Maximum Vilations of Covid-appropriate behaviour are found in parks, bus stops and tourist spots, while 64 per cent of total violations take place at these places. Shopping malls and retail shops (16 per cent cases) and restaurants (11 per cent) come next as per an analysis of violations and penalty levied across Maharashtra by the Public Health Department…
  • How 5G implementation can transform the Indian retail sector
    10 March 2021, Yourstory.com
    Effective deployment of 5G can lead to a dramatic increase in speed and performance. It enables a new efficient spectrum in terms of business continuity and refined customer experience.In a few weeks, India will mark its first anniversary of the COVID-19 lockdown. Looking back at the early months, no one had imagined the magnitude of this situation, its spread across the country, and its impact on humanity and the economy…
  • Shree Announces Opening of its Brand-New Store at “Elante Mall” in Chandigarh
    10 March 2021, Newznew.com
    Shree Announces Opening of its Brand-New Store at “Elante Mall” in Chandigarh: Shree – The Indian Avatar, one of India’s leading ethnic wear brands from SHR Lifestyle Pvt.Ltd. expanded its footprints in the Chandigarh region by opening a grand store at Elante Mall. The brand roped in the Punjabi Film actress ‘Japji Khaira’ to inaugurate the store with Mrs. Sheetal Kapoor, Joint Managing Director, Shree. Japji Khaira has been associated with Shree for a long time now; she has inaugurated Shree’s Amritsar store previously…
  • Shree Announces Opening of its Brand-New Store at “Elante Mall” in Chandigarh
    10 March 2021, Newznew.com
    Shree Announces Opening of its Brand-New Store at “Elante Mall” in Chandigarh: Shree – The Indian Avatar, one of India’s leading ethnic wear brands from SHR Lifestyle Pvt.Ltd. expanded its footprints in the Chandigarh region by opening a grand store at Elante Mall. The brand roped in the Punjabi Film actress ‘Japji Khaira’ to inaugurate the store with Mrs. Sheetal Kapoor, Joint Managing Director, Shree. Japji Khaira has been associated with Shree for a long time now; she has inaugurated Shree’s Amritsar store previously…
  • Bracing for the safer tomorrow: The Galleria Mall in Bengaluru is benchmarking how retail store businesses can grow in post lockdown era
    10 March 2021, Timesofindia.indiatimes.com
    As the Silicon Valley of India resumes to normalcy post the lockdown era, malls are now ready to open their door for public to relive the old shopping experience.While pandemic caused by COVID-19 has impacted business across industry, shopping Malls were affected worst as they were the first to be shut and last to re-open. Given this precarious business condition, owner of the outlets within the malls have endured an admirable resilience.As people are fast adapting to the new normal, they are still longing for the old physical shopping experience…
  • Inorbit Malls expands offering with the launch of 23 new stores post lockdown
    10 March 2021, Indiaretailing.com
    Inorbit Malls (India) Private Limited, a subsidiary of the K. Raheja Corp, is a pioneer of the mall culture in India. Inorbit Mall Malad is completing 17 years in January 2021, a major achievement for the brand, which has evolved as one of the most preferred shopping destinations in Mumbai.During the unlocking phase when shopping malls were finally given the green signal in Maharashtra to open up, Inorbit Malad and Vashi introduced various conveniences driven services that provided a safe and accessible shopping experience for consumers, both online and offline…
  • Barik shopping mall plan in cold storage
    10 March 2021, Theshillongtimes.com
    SHILLONG, March 9: The state government’s proposal to construct a shopping mall at Barik seems to have been shelved for now, as was indicated by Deputy Chief Minister Prestone Tynsong. “We will not talk about the Barik re-development or beautification project because right now we have more important projects to be undertaken in Shillong under the Smart City project,” Tynsong said while reacting to a query on the redevelopment of the Barik PWD complex…
  • COVID-19 in Navi Mumbai: NMMC issues fresh guidelines; shops, malls, restaurants to close early
    10 March 2021, Freepressjournal.in
    Representative Image IANS Photo Amid the rising number of active COVID-19 cases in the MMR, the Navi Mumbai Municipal Corporation (NMMC) haschanged the timings of restaurants, bars, shops, and malls from March 9. Now, all restaurants will be closed by 11 pm and malls by 10 pm. The restaurants will operate with 50 per cent of their capacity. The civic body issued a fresh circular on Tuesday about the change in timings of restaurants and shops in the city. Earlier, restaurants were allowed to operate till 1 am and shops till 11 pm…
  • Indian retail market has witnessed massive 3X growth over last decade: Report
    09 March 2021, Indiaretailing.com
    The ‘Online+Offline’ model – resulting from convergence of retail channels and evolution of capabilities via tech-enabled collaborations – is expectedto help in addition of 12 million new jobs and US $125 billion in retail exports, a report by Nasscom – Technopak said. The report titled, ‘Retail 4.0: India story – Unlocking Value through Online and Offline Collaborations’ said the Indian retail market has witnessed a massive growth of 3X over the last decade…
  • adidas Originals launches new store in Chandigarh’s Elante Mall
    09 March 2021, Indiaretailing.com
    adidas Originals, a pioneering sportswear brand for the streets, has launched its second store in Chandigarh’s fashion and shopping hub – Elante Mall.The brand has been consistently investing in efforts to elevate product experience and create innovative brand moments for consumers and key street style enthusiasts.Keeping with the brand’s key focus to offer innovation, consumer centricity and brand familiarization in street style, the new store launch at Elante Mall in Chandigarh witnessed unmatched energy and enthusiasm as excited consumers and shoppers visited the new hood to shop the latest drops from their favourite brand…
  • Online, Offline retail can help add 12 million new jobs, up to $125 billion exports: Report
    09 March 2021, Economictimes.indiatimes.com
    The report titled, ‘Retail 4.0: India story – Unlocking Value through Online and Offline Collaborations’ said the Indian retail market has witnessed a massive growth of 3X over the last decade.The retail sector contributed about 10 per cent to India’s GDP in financial year 2019-20 and 8 per cent to the total workforce with more than 35 million employees. “COVID-19 has been a litmus test for resilience and adaptability, and the Indian retail sector has been largely successful in navigating the crisis by accelerating digital adoption and the shift to online in the country,” it said…
  • Retailers rewrite strategies to woo shoppers
    09 March 2021, Financialexpress.com
    Fabindia and Hidesign believe that since the target customers of brands often overlap, it makes sense to offer them the ease of shopping in one place.Patrons can submit their shopping bills on WhatsApp and earn instant reward points.India’s retailers are re-drawing strategies to get consumers to spend more time in stores and malls. Companies with unique brands are now collaborating to set up stores in which both house their products…
  • Covid cases surge: Malls, stores, beaches shut on Sundays in 2 zones of Surat
    09 March 2021, Indianexpress.com
    Surat city has been reporting a daily average of 100 Covid-19 cases for the past few days.The Surat Municipal Corporation has decided to close down malls, departmental stores, gardens and beaches on Sundays, till further notice, in Rander and Athwa zones of the city that have been reporting a surge in Covid cases.Surat city has been reporting a daily average of 100 Covid-19 cases for the past few days…
  • Indian retail sector can generate 25 million new jobs by 2030: NASSCOM
    08 March 2021, Uniindia.com
    The National Association of Software and Services Companies (NASSCOM), in association with Technopak, a leading management and consulting firm, today launched its report, titled, “Retail 4.0: India story – Unlocking Value through Online and OfflineCollaborations.”Over the last decade, the Indian retail market size has witnessed a massive growth of 3X, accounting for ~$800 Bn, contributing 10% to India’s GDP In FY 2019-20 and 8% to the total workforce with more than 35 Mn employees…
  • Digitally enabled retail could contribute $8 billion in incremental tax collections by 2030: Report
    08 March 2021, Thehindubusinessline.com
    National Retail Trade Policy will create a conducive environment for retail: Niti AayogWith rising convergence of traditional and online channels establishing a digitally-enabled ecosystem and accelerated adoption of digital platforms by consumers, the online + offline retail (O+O) is expected to accelerate the growth of retail.According to a report released by Nasscom and Technopak, online + offline enabled sales are pegged to touch the $640 billion-mark by 2030 making digitally enabled retail’s contribution to the overall Indian retail market at 43.4 per cent…
  • Treasure Island, TI Next dedicate March to women’s power, Holi
    08 March 2021, Dailypioneer.com
    As life slowly returns to normalcy, Treasure Island and TI Next takes pride in celebrating the woman who kept the wheels of life in motion through these adverse times. Both the malls dedicate the month of March to womanpower with ‘Rangon wali Khushiyan’…
  • India ‘Partial lockdown’ in Aurangabad; markets, malls, cinema halls to remain shut during weekends
    08 March 2021, M.dailyhunt.in
    A “partial lockdown” will be imposed in Maharashtra’s Aurangabad in view of the spike in coronavirus cases.The restrictions, effective between March 11 and April 4, will have shut malls, markets, and cinema halls during the weekends. According to the officials, the world-famous heritage sites of Ajanta and Ellora, the other tourist spots in the district will remain shut on Saturdays and Sundays, while marriages will not be allowed to be held in function halls during the lockdown period. Meanwhile, the administration has decided to keep shut schools, colleges and training institutes…
  • Gahlot appeals to malls, hotels, market complexes to install EV charging points
    07 March 2021, Businesstoday.in
    With 72 charging stations, Delhi already has the highest number of such stations in any Indian city, Delhi Transport minister Kailash Gahlot claimed Delhi Transport minister Kailash Gahlot on Sunday appealed to malls, corporate houses, cinema halls, hotels and market complexes to set up charging stations for electric vehicles (EVs) inside their premises. As the ”Switch Delhi” campaign, aimed at encouraging people to adopt electric vehicles to make Delhi a clean and pollution-free city, enters the fifth week, the city government will focus on creating awareness about charging infrastructure here, he said…
  • Shree Announces Opening of its Brand-New Store at “Elante Mall” in Chandigarh
    07 March 2021, Chandigarhcitynews.com
    Shree Announces Opening of its Brand-New Store at “Elante Mall” in ChandigarhShree – The Indian Avatar, one of India’s leading ethnic wear brands from SHR Lifestyle Pvt. Ltd. expanded its footprints in the Chandigarh region by opening a grand store at Elante Mall. The brand roped in the Punjabi Film actress ‘Japji Khaira’ to inaugurate the store with Mrs. Sheetal Kapoor, Joint Managing Director, Shree. Japji Khaira has been associated with Shree for a long time now; she has inaugurated Shree’s Amritsar store previously…
  • Viviana Mall’s film #MeraFarzHai 2.0 urges people to speak up against domestic violence
    07 March 2021, Mediabrief.com

    As the nation adopted unprecedented lockdown measures during the pandemic and followed the stay-at-home directives for safety, many women experiencingviolence found themselves trapped with their abusers, worsening the impact of their abuse. Domestic violence cases saw a dramatic rise in the past year. The violence continues unabated and a substantial number of cases are going unreported either to safeguard family’s reputation or due to fear of shame to identify oneself as a victim…

  • DLF Mall supports global Initiative #ChoosetoChallenge this Women’s Day
    06 March 2021, Mediabrief.com
    DLF Mall of India , India’s largest mall has announced the launch of their digital campaign to support #ChooseToChallenge on the occasion ofInternational women’s day with a focus on women who are making a difference in society. The initiative is showcased through a film featuring women who have made their way despite the adversities during their journey and have taken a step further and moved ahead. It also highlights a powerful message for women and encourages them to challenge the odds to establish themselves…
  • Pacific Mall Dwarka launches India’s first rooftop, drive in cinema in India
    06 March 2021, Indiaretailing.com
    Pacific Mall, Dwarka in association with Sunset Cinema has started a drive-in cinema facility at Pacific 360°, the rooftop.Families and friends can simply drive in their vehicle and enjoy the marvelous cinematic experience using FM waves safely in their cars for the first time in India. With the launch of this unique idea, Pacific Mall has also become the second in Asia to give theatrical feels that take audience back in time. It is a unique concept where people can watch movies safely with social distancing…
  • How A Brand Like Inorbit Malls Addresses The Significance Of Women?
    06 March 2021, Bwpeople.businessworld.in
    Inorbit is committed to empowering women in various ways, particularly by influencing the presence of more female employeesWomen across the world have been encountering various gender-based prejudices, and even today, continue to struggle in attaining equality. International Women’s Day is one day that commits to acknowledging the importance of women and their extraordinary capabilities that deserve to get equal recognition. Brands are adapting to creative approaches to celebrate International Women’s Day thereby extending opportunities for all the women to make the optimum use of the special day…
  • Retailers seek rent correction till full recovery
    06 March 2021, Livemint.com
    India’s lockdown and subsequent restrictions placed due to concerns around covid have forced retailers to relook at their costs. Many went into rental negotiations with mall developers as temporary store closures and subsequent dip in footfalls and business left them in a lurch. The pandemic has also prompted landlords to lower rentals as businesses crumbled under the pressure of the lockdown leaving properties vacant. “We are overall seeing 25% to 50% correction in high street rents and about 25% to 40% in malls,” said another retailer speaking to Mint on the condition of anonymity…
  • PVR launches Mysuru’s biggest 6-screen multiplex in Forum Centre City Mall
    05 March 2021, Indiainfoline.com
    With the latest launch, the PVR Cinemas strengthens its presence in Karnataka with 109 screens in 16 properties and 292 screens across 47 properties in the South.Gurugram-headquartered PVR on Friday launched its 6-screen property in Forum Centre City Mall, Mysuru. Designed to deliver a hygienic, safe and wholesome cinematic experience, the new multiplex also brings in new-age technologies in a modern aesthetic avatar.With the latest launch, the PVR Cinemas strengthens its presence in Karnataka with 109 screens in 16 properties and 292 screens across 47 properties in the South…
  • Navi Mumbai: SGC Mall to organise free movie screening for women on Women’s Day
    05 March 2021, Freepressjournal.in
    Navi Mumbai: SGC Mall to organise free movie screening for women on Women’s Day FPJ Seawoods Grand Central (SGC) Mall in Navi Mumbai is offering free movie screening for all women on the occasion of Women’s Day (March 8, 2021). Moreover, the mall will be giving free vehicle parking for all women drivers from March 5 to 8. The discounts are offered under the mall’s latest campaign, ‘Rangon Wali Khushiyan’. The mall has dedicated the month of March to woman power…
  • Centre issues fresh COVID-19 guidelines for restaurants, malls, hotels, relegious places
    05 March 2021, Dnaindia.com
    Taking to Twitter the centre issued a fresh list of guidelines for Hotels and Hospitality Units, restaurants, shopping malls and religious places. The centre on Thursday (March 4) released new guidelines for prevention of the COVID-19 disease spread. Taking to Twitter the central government issued a fresh list of guidelines for Hotels and Hospitality Units, restaurants, shopping malls, and religious places. Apart from the mandatory thermal screening, wearing of masks at all time, maintain social distancing, proper sanitisation of hands and maintaining six feet distancing, lets take a look at the updated COVID-19 protocols…
  • Pamper Yourself this Women’s Day at Inorbit Vashi…
    05 March 2021, Businessnewsthisweek.com
    FacebookTwitter Vashi, Navi Mumbai: As the world gears up to recognize women across the globe, Inorbit is all set to celebrate Women’s Day in its own style. A month long celebration begins from 5th March 2021 which will go on till 31st March 2021. Here is your chance to enjoy some ‘Me Time’ by pampering yourself with a free make-over sessions exclusively for Women’s Day. Shopping gets rewarding too. Exciting gifts await you when you shop for Rs 3000 & above every weekend of the month…
  • Retailers Association of India partners with IGNOU for offering employment-oriented academic prog
    04 March 2021, Outlookindia.com
    Retailers Association of India (RAI) on Thursday said it has extended its partnership with Indira Gandhi National Open University (IGNOU) for offering skill-based and employment-oriented BBA (Retailing) academic programme with a modular approach.The programme has been jointly designed and developed by IGNOU in collaboration with RAI and the two parties have renewed their memorandum of understanding, RAI said in a statement.Commenting on the collaboration, RAI CEO Kumar Rajagopalan said the USD 854 billion Indian retail industry employs over 46 million people and hiring is expected to see an uptrend in the years to come…
  • Delhi Mall adds over 20 stores in six months
    04 March 2021, Newindianexpress.com
    We thought why not use the space for one for three,” he reasons, stating the decision of playing with the space “as now or never”.Delhi’s Select CITYWALK has added 20 plus stores in the past six months, after including four new entrants — Sassy Begum, Harajuku Café, Haagen Dazs and New Balance — into its fold last month.By adding these stores, Yogeshwar Sharma, Executive Director & CEO, Select CITYWALK, is expecting an upswing in business and consumer sentiment after witnessing a revival of markets post the pandemic…
  • Hyderabad: Malls begin to throb with shoppers again
    04 March 2021, Thehansindia.com
    Punjagutta: The lively mall culture of Hyderabad which had been hit badly following Lockdown is slowly coming out of the blues. The business establisments are finding new ways for life and the brand outlets and malls are focusing more on emerging “Serious Buyers” to get back the glory. Hyderabad city malls are on the recovery track. Decade-old established malls are able to witness approximately 65 per cent footfalls while the newly developing malls could only hit 40 per cent, according to observers…
  • Infiniti Mall to set up a special flea market to support and honor women
    03 March 2021, Mediabrief.com
    Women are strong, independent, courageous and a force to reckon with. This Women’s Day, Infiniti Mall, salutes women who have fought against allodds to become successful and excel in life despite being victims to injustice in their respective lives. And, so, get ready to witness a special flea market at Infiniti Mall, Malad from 5 th to 8 th March. This flea market has been organized to further support and honor women who are Thalassemia survivors, domestic violence survivors and women who are autistic and suffering with Down Syndrome, and despite all this are independent entrepreneurs…
  • Explained | What are super apps, future of platform-based business models?
    03 March 2021, Moneycontrol.com
    A handy guide on what it means to use a super app Whether you like them or hate them, platform-based all-inclusive services are the future.What does that mean exactly? It means a business model built around offering multiple services through a single platform or in this case, an app. BlackBerry’s one-time CEO and founder Mike Lazaridis put it the best. He called the concept of the super app a “closed ecosystem of many apps” rolled into one that offers users a “seamless and integrated” experience…
  • Mumbai: CR2 mall issued notice to pay property tax arrears of Rs 19.06 crore
    03 March 2021, Freepressjournal.in
    BrihanMumbai Municipal Corporation (BMC) has issued a notice to south Mumbai’s CR2 mall, located in the middle of the swanky Nariman Point businessdistrict, warning the management to pay the property tax arrears of Rs 19.06 crore. The BMC Property Tax Department has asked the management to clear the property tax by March 8 or the civic body will disconnect its water supply and electricity connection. According to the official of the BMC Assessment and Tax Collection Department, the arrears are pending for two portions, one belongs to the CR2 mall and another one to MMRDA…
  • News Blackstone acquires Prestige’s office, retail assets for $1.5 billion: Report
    02 March 2021, M.dailyhunt.in
    American investment management company Blackstone has acquired the commercial portfolio of realty developerPrestige Group including offices, retail malls and hotel assets for $1.5 billion, The Economic Times reported, citing three sources. The deal will see Blackstone acquire over 16.8 million sq ft of completed and under-construction office projects and retail malls including hospitality assets. Blackstone will also acquire solar power plants, which will generate energy for these assets, once they are completed,” said one of sources cited above…
  • Indians are heading back to parks, supermarkets and pharmacies — but malls and theatres are not on the priority list
    01 March 2021, Businessinsider.in
    Google’s latest mobility numbers for India show that people are not staying at home as much. Instead, they are taking public transport, visiting grocery stores and even heading for a stroll at their nearest public garden. What they are not doing, however, is heading to the theatre to watch a movie or loitering around in a mall. It has been nearly a year since India first announced that lockdowns would be implemented nationwide to prevent the spread of the coronavirus pandemic…
  • Retail stalwarts deliberate new methods of doing business in the next normal
    01 March 2021, Indiaretailing.com
    The 15 th edition of RAI ’s Retail Leadership Summit (RLS) 2021 was hosted online on the 24 th, 25 th & 26 th of February 2021, enabling wider participation and audience.Witnessing stimulating exchange of ideas between retail industry stalwarts on the way forward for the Indian Retail Industry into the Next Normal.The Indian Retail industry was impacted greatly due to the pandemic and is calling for unconventional solutions and government support to be back on its feet…
  • Retail showing signs of revival post lockdown
    01 March 2021, Thehindu.com
    When the lockdown was announced in March 2020, the retail sector in Tamil Nadu, including textile and consumer brands, took a severe hit with business falling immediately by 25%.A year down the line, those at the helm of the retail outlets have realigned their strategies, embraced technology and learnt to operate with minimal workforce.Business is now 80% up when compared to pre-COVID-19 levels. “Retail has bounced back much more strongly in non-metros. Non-metros are at 80% pre-COVID levels while it was closer to 65% in metros…
  • Consumer companies seek vaccination for frontline staff
    01 March 2021, Livemint.com
    Retailers such as Metro Cash and Carry, Ikea, Spencer’s among others have made representations seeking vaccination for their frontline staff. “The guideline is currently to focus on those over 60, and those over 45 with comorbidities. What the government is doing is quite sensible, and we support that. We are saying in the next round give priority to the frontline staff of all the retail companies and also small shopkeepers who probably don’t have a voice,” said Arvind Mediratta, MD and CEO, METRO Cash and Carry India…
  • Rude food by Vir Sanghvi: Welcome back, restaurants!
    27 February 2021, Hindustantimes.com
    Yes, it’s time to eat out again and enjoy the full experience. As long as you follow physical distancing and remember to sanitise and wear a mask except while you’re eating! This may sound like wishful thinking on my part, but I do believe that restaurants are staging a comeback. On Valentine’s Day weekend in Delhi, I hit four different restaurants to see how they were doing. I found that though Valentine’s Day eve (Saturday night) was better for the restaurant business than Valentine’s Day itself, the whole weekend was a triumph…
  • After adding 5, Shoppers Stop plans to add 15 new stores in next 9 months
    27 February 2021, Indiacityblog.com
    As a part of its expansion plan even as the setback of the pandemic continues, departmental store chain Shoppers Stop has added another 5 stores as of now during the current financial year. Along with this, Shoppers Stop is planning to add another 12 to 15 stores over a period of the next 9 months.This information was disclosed by Venugopal Nair, MD & CEO of Shoppers Stop while he was speaking on the sidelines of the Retail Leadership Summit 2021 organised by the Retailers Association of India…
  • Rules to Make EV-Chargers Must In Karnataka Malls
    27 February 2021, Realtyplusmag.com
    Karnataka Deputy Chief Minister C N Ashwath Narayan said regulatory measures would be taken to make mandatory electric vehicle-charging infrastructure in high-rise buildings, metro stations, malls, IT parks, and apartments. With a view to encouraging e-mobility, he said the government aims to replace 50 per cent of all its vehicles with electric vehicles (EVs) in the coming 2-3 years.According to Narayan, the goal is also to set up fast chargers along few important highways in the state such as the Bengaluru-Chennai highway and the Bengaluru- Mysuru one in order to establish world-class Karnataka Electric Mobility Research and Innovation Centre…
  • Shopaholics in the city are cautious and following all protocols
    27 February 2021, Timesofindia.indiatimes.com
    Last year saw COVID-19 almost rip apart the retail sector but now with all protocols in place, the retail industry has its hopes up, despite the new strain and cases.According to a Retailers Association Of India Survey, the Indian Retail Industry has more than 15 million retailers and retail contributes around 40 per cent to India’s consumption and 10 per cent to India’s GDP.Shopaholics ahoy!Earlier this week, Maharashtra recorded almost 7,000 new coronavirus cases…
  • Retail Rides On Your Purse To Reach Rs 140 Lakh Cr by 2030
    26 February 2021, Outlookindia.com
    Pandemic easts 3 per cent of Indian retail industry but the e-commerce boom is expected to drive growth, says studyThe retail industry, which suffered a 3 per cent dent after the Corona virus outbreak struck the Indian shores last year, is set to treble to Rs 140 lakh crore by the end of the decade, says an industry study.The report from the Retailers Association of India and consultancy BCG pegs the wounded retail market at Rs 47 lakh crore and sees e-commerce as the biggest healer…
  • Product customisation attracting retail customers: Report
    26 February 2021, Retail.economictimes.indiatimes.com
    The report released during the Retail Leadership Summit organised by Retail Association of India (RAI) said: “Do-it-yourself products, especially in the food and beauty segment, reflect consumers’ desire to take control of what they eat, drink, and put on their skin.”New Delhi, With increasing competition across product categories, creating unique value propositions is becoming more and more challenging for brands and as a result, customisation, personalisation and bespoke offerings are becoming a norm to attract and retain consumers, according to a Deloitte India report…
  • Bengaluru begins to see revival in the retail sector; five new malls set to come up in city
    26 February 2021, Economictimes.indiatimes.com
    Bengaluru is now beginning to see green shoots of revival in the overall retail sector with a U-shaped recovery. “While essential goods like food and grocery, followed by apparel, FMCD and electronics, furniture and home furnishings and QSR are seeing a V-shaped recovery, other segments like beauty, wellness and personal care and home essentials may take 2-3 more quarters for full recovery, said Anuj Kejriwal, CEO & MD Anarock Retail…
  • Shoppers Stop to open up to 15 new stores in next nine months
    26 February 2021, Timesnownews.com
    Shoppers Stop to open up to 15 new stores in next nine months25 FEBRUARY 2021 | ENGLISH | GENERAL AUDIENCEK Raheja Corp owned department store chain Shoppers Stop has added five new stores until now in the current financial year and plans to continue with its expansion plans despite the setback from the pandemic. ET Now spoke with Venugopal Nair, MD & CEO of Shoppers Stop on the sidelines of the Retail Leadership Summit 2021 by the Retailers Association of India…
  • Salon and beauty care companies to set up a wellness retailers association as a post-pandemic outcome
    26 February 2021, Economictimes.indiatimes.com
    Beauty care companies are joining hands to set up a wellness retailers association, said Rajiv Nair, CEO of skin clinic chain Ltd during a panel discussion at the Retail Leadership Summit 2021 organised by Retailers Association of India. We are almost at the final stage of setting up a wellness retailers association. The pandemic actually helped us understand that collaboration is key. We collaborated than be competitors, said Nair. Kaya stayed connected with rivals such as beauty giant Lakme Lever and others in the industry during the pandemic as their challenges were similar…
  • Delhi Malls begin to restrict customer entry to ensure no overcrowding
    25 February 2021, M.dailyhunt.in
    PUNE Following the imposition of some curbs by district administration, many commercial establishments and malls have started restricting the entry of customers people inside the premises.On Thursday, D-Mart on Satara road allowed only a limited number of people at a time…
  • Product customisation attracting retail customers
    25 February 2021, Thehawk.in
    New Delhi: With increasing competition across product categories, creating unique value propositionsis becoming more and more challenging for brands and as a result, customisation, personalisation and bespoke offerings are becoming a norm to attract and retain consumers, according to a Deloitte India report. The report released during the Retail Leadership Summit organised by Retail Association of India (RAI) said: “Do-it-yourself products, especially in the food and beauty segment, reflect consumers’ desire to take control of what they eat, drink, and put on their skin.”…
  • For retail resurgence, brands & retailers must focus on fundamentals today, disruption tomorrow: BCG Report
    25 February 2021, Indiaretailing.com
    Retailers Association of India (RAI) is organizing its flagship event, The Retail Leadership Summit, with Boston Consulting Group ( BCG ) as their lead knowledge partner.At the backdrop of the event, RAI- BCG unveiled a report titled ‘Retail Resurgence in India: Leading in the New Reality’ that highlights how the buying preferences of consumers have changed due to covid-19 and the way consumers are expected to shop going ahead. The report talks about the implications of these preference changes on retailers in the space and the imperatives for them to win in the post-covid world…
  • Is Retail Radio-ready again in 2021?
    25 February 2021, Exchange4media.com
    Industry experts discuss the big return on retail brands on radio after an encouraging Q3 following the pandemic lullRetail brands have been a major amplifier for enhancing radio ad volumes. But due to the slowdown of advertising in 2020 with the retail sector trying to navigate the new pandemic environment, there was a dent in advertising spends. According to TAM, the retail sector on radio plunged by 37% in 2020. It did bounce back and started seeing a revival on radio during the festive season…
  • Companies Shoppers Stop plans to open up to 15 new stores in next nine months
    24 February 2021, M.dailyhunt.in
    K Raheja Corp owned department store chain Shoppers Stop has added five new stores until now in the current financial year and plans to continuewith its expansion plans despite the setback from the pandemic. “We are looking to open 12 to 15 stores in the next nine months. We did close down three stores in this financial year but that cannot be attributed to Covid as it was part of the annual rationalisation of our portfolio,” said Venugopal Nair, MD & CEO of Shoppers Stop speaking on the sidelines of the Retail Leadership Summit 2021…
  • Indian retail market to touch INR 130 lac crore by 2031-32: BCG Report
    24 February 2021, Knnindia.co.in
    Mumbai, Feb 24 (KNN) The Indian retail market could grow to 130-140 trillion Indian Rupees (INR) by 2031-32, said a recent launched report by the Boston Consulting Group.Retailers Association of India (RAI) and BCG unveiled a report titled “Retail Resurgence in India: Leading in the new reality” that highlights how the buying preferences of consumers have changed due to covid-19 and the way consumers are expected to shop going ahead.The report talks also about the implications of these preference changes on retailers in the space and the imperatives for them to win in the post-COVID world…
  • Experience IKEA To Open India’s Largest Shopping Mall In Noida; First Such Plaza In The Country
    24 February 2021, M.dailyhunt.in
    After the launch of the first store in Mumbai, IKEA plans to branch out in Delhi NCR. The Swedish furnishing brand plans to open its first shopping center in India.This grand shopping mall will also be the largest in the country. According to reports, IKEA is said to have bought a 48,000-square-metre plot in Noida. The New Mall In Noida Will Be Anchored By An IKEA Store The furnishing brand opened its first store in India in 2018 in Hyderabad, followed by the next one in Navi Mumbai in 2020…
  • Malls Wooing Footfalls Back Again Post Covid
    23 February 2021, Everythingexperiential.businessworld.in
    In the last six months since India opened up, here’s how malls are enhancing customer experiences to increase footfalls through their doors again:The retail landscape in India has gone through a paradigm shift in the last six months as malls and retail outlets cautiously open shop and look at new ways to increase footfalls. The industry has had to re-learn and re-strategize its offerings through different phases of unlocking, based on the post-COVID consumer preference…
  • Select CITYWALK adds 20 plus stores in the past six months
    23 February 2021, Indiaretailing.com
    Despite an unprecedented year amid the pandemic Select CITYWALK, one of Delhi’s most admired shopping centres, has upgraded its portfolio of brands to offer a fresh perspective to visitors.In the past six months post the Unlock phase, Select CITYWALK has added more than 20 stores, 4 of which the mall has welcomed in just the past month – Sassy Begum, Harajuku Café, Haagen Dazs (Kiosk) and New Balance. The new stores are expected to bring in an enhanced experience for visitors…
  • ”Rules to make EV-chargers must in malls, flats will be laid”
    22 February 2021, Outlookindia.com
    Karnataka Deputy Chief Minister C N Ashwath Narayan on Monday said regulatory measures would be taken to make mandatory electric vehicle-charging infrastructure in high-rise buildings, metro stations, malls, IT parks, and apartments. With a view to encouraging e-mobility, he said the government aims to replace 50 per cent of all its vehicles with electric vehicles (EVs) in the coming 2-3 years. The Deputy Chief Minister was speaking on the topic ”Future of Sustainable Mobility”at the Harvard-India conference, according to an official statement…
  • Select CITYWALK Sees 20+ Store Openings in the Past Six Months
    22 February 2021, Indianretailer.com
    Select CITYWALK adds four entrants in 2021 with Sassy Begum, Harajuku Caf, Haagen Dazs and New Balance at the Shopping Centre.Vaishnavi GuptaFeatures WriterSelect CITYWALK, Delhi’s most admired shopping centre, has welcomed four more stores in the past month, Sassy Begum, Harajuku Café, Haagen Dazs (Kiosk) and New Balance, adding a new experience for visitors. The shopping centre, which has won awards and accolades for the consumer experience it provides, brings a comprehensive portfolio of brands for visitors…
  • Indian organised B&M retail may see 23-25% FY22 revenue growth: CRISIL
    22 February 2021, Fibre2fashion.com
    A broad-based demand revival, with increased footfalls and recovery in discretionary consumer spending, will help the organised brick and mortar (B&M) retail sector revenue in India reach the pre-pandemic mark of ?5.7 lakh crore with a 23-25 per cent spurt next fiscal, a recent study on 145 B&M retailers rated by CRISIL Ratings indicates.The growth will ride on a low base as the sector is set to log an estimated 19-22 per cent revenue de-growth this fiscal due to the pandemic, which led to temporary store closures and restricted footfalls in the first half…
  • Nexus Malls awarded ‘Dream Employer of the Year’
    22 February 2021, Indiaretailing.com
    Nexus Malls has been awarded ‘Dream Employer of the Year’ by Times Ascent at the 10th edition of the World HRD Congress & Awards 2021.The 29th edition of World HRD Congress awards function was held at Taj Lands End Mumbai on February 16, 2021.Awards are given to institutions annually for the best HR practices under different categories. This year, the awardees were chosen based on business-related HR sensitivity, communication effectiveness, innovations and change in management within and towards employees during the COVID-19 pandemic.The eminent jury consists of the best in the industry…
  • Post lockdown period exceptionally kind to Oberoi Mall in MUmbai
    21 February 2021, Realtyninfra.com
    New Delhi: Post lockdown period has been exceptionally kind to Oberoi Mall, a mall in Mumbai.The retail property asset has clocked better operating revenues EBITDA and EBITDA margins in the October-December quarter of 2020 as compared to the same period of the previous year. The operating revenues of the mall jumped 22 percent in the third quarter of the current fiscal as compared to the corresponding quarter of the previous fiscal. The operating revenues jumped to Rs 49.9 crore from Rs 40.9 crore…
  • Restaurant footfalls climb as pandemic wanes, mobility jumps
    20 February 2021, Livemint.com
    Executives at several restaurant chains said the number of dine-in guests has climbed every month since September, reducing their dependence on deliveries and takeaways that helped them stay afloat during the worst of the coronavirus lockdown. “Dine-in is definitely improving,” said Anurag Katriar, president, National Restaurant Association of India (NRAI). “It hasn’t reached pre-covid numbers but is definitely on a very positive note now. I think people have understood the new normal and have accepted that they have to go through temperature checks, use QR codes, etc…
  • Ikea plans its first mall in India at Noida with Rs 55 billion investment
    20 February 2021, Indiatoday.in
    Ikea plans to open its first shopping centre in India after the furniture giant’s shopping centres business – one of the world’s largest – said it had bought a 48,000-square-metre plot in Noida on the outskirts of Delhi.Ikea plans to open its first shopping centre in India after the furniture giant’s shopping centres business – one of the world’s largest – said it had bought a 48,000-square-metre plot in Noida on the outskirts of Delhi…
  • ‘Making tourism an experience’
    19 February 2021, Millenniumpost.in
    For the past three decades, Delhi Tourism and Transportation Development Corporation Ltd. in association with the Government of Delhi has been organising ‘Garden Tourism Festival’in the city with the objective to create awareness about the environment and showcase the rich floriculture of Delhi. Celebrating the hues of mother nature and the fervour of Spring season, this three-week extravaganza is themed’#Colours of Nature’ this year.Unlike a three-day format that was being followed previously, Delhi Tourism has extended the festival to three weeks, to give a safe, socially distanced and memorable experience to its visitors…
  • PHOENIX MARKETCITY AND PALLADIUM CELEBRATING THE MONTH OF LOVE
    18 February 2021, Expressnews.asia
    Chennai February,2021: Phoenix Market City and Palladium ushered in the season of love and romance with ‘Love Feb’. Exclusive Pop-ups & Foodtrucks at ‘The Walking Street’ by Lime soda enlightened the weekend. Couples and visitors gathered around and clicked pictures at the “LOVE U” anamorphic installation. The mall also hosted Super Singer Season 5 Winner Anand Aravindaksan and Indian Idol runner up Nithyashree Venkataramanan’s performance in the courtyard of Phoenix MarketCity…
  • Select CITYWALK celebrates a Child’s Greatest Love. Launches Toy Donation Drive
    17 February 2021, Indiaeducationdiary.in
    New Delhi: Select CITYWALK enters the new year with a conscious purpose of bringing families and communities together in unique ways with the aim of putting the smiles back on the faces of the less privileged. After a bleak 2020, the brand is all set to take lead this year in urging communities to drive change and give back to the society by providing them a platform to do so through well-planned donation drives that will help struggling families and children bring hope in their lives…
  • 21% discount across popular restaurants at Phoenix Marketcity, Mumbai with Dineout
    17 February 2021, Timesofindia.indiatimes.com
    MUMBAI: Phoenix Marketcity, Mumbai is offering exciting discounts on table reservations done via the Dineout app. The offer can also be availed by downloading e-voucher on WhatsApp by saying a ‘Hi’and sending it to’7045757575’.Then, users need to select ‘The Phoenix Food Fest’ option and get an e-voucher. The offer will be available at mall ‘s multiple F&B (food and beverage) outlets throughout the month.The mall is offering a minimum 21% discount at F&B outlets like Punjab Grill, Café Delhi Heights, Yoko Sizzlers and more.Some other outlets include Change & Co, Butter Chicken Factory, Coffee Culture, Pukhtaan and Jamie’s Pizzeria…
  • CSR: Pacific Group Celebrates Love for Nature with Cycle Rally in Dehradun
    17 February 2021, Thecsrjournal.in
    Real Estate developer Pacific Group in association with Rising Riders Club organized a Cycle Rally to show their love for nature. The rally route for the cycle rally was a 20 km stretch where riders started from Pacific Mall, Dehradun and reached their first halt Pacific Golf Estate, Shahastradhara Road.They headed back to Mall via Mussoorie Bypass Road crossing Canal Road, Dhoran Road, IT Park and Krisali Chowk. The riders were felicitated in the ceremony conducted at Pacific Mall after the rally. Dehradun-based Maitri Adventure Club also participated in the event…
  • A blueprint for consumer business in the new normal
    16 February 2021, Retail.economictimes.indiatimes.com
    This is a time of deep reflection for the retail sector. Over the next 5–10 years, we expect to see business models emerge keeping in mind the future ‘consumer commerce’ landscape. Every rule in the book of retail businesses has been challenged as companies are navigating through COVID-19. Being closer to the customers, a flurry of investments in building a robust technology infrastructure, driving agility in supply chains and investing in moving online have all become an integral part of the new playbook for survival. Retailers are regaining trust and confidence in the consumers’ minds today…
  • A blueprint for consumer business in the new normal
    16 February 2021, Economictimes.indiatimes.com
    This is a time of deep reflection for the retail sector. Over the next 5–10 years, we expect to see business models emerge keeping in mind the future ‘consumer commerce’ landscape. Every rule in the book of retail businesses has been challenged as companies are navigating through COVID-19. Being closer to the customers, a flurry of investments in building a robust technology infrastructure, driving agility in supply chains and investing in moving online have all become an integral part of the new playbook for survival. Retailers are regaining trust and confidence in the consumers’ minds today…
  • Indian retail is at a crossroad, and technology will be the great enabler
    16 February 2021, Retail.conomictimes.indiatimes.com
    Online shoppers in India are expected to reach about 300 million by 2025, per Bain & Co. research. A Redseer report indicates an 85% rise in online shoppers in 2020 alone, attracted by huge discounts and deals plus the convenience and safety of remote shopping.By Aashish Chandorkar & Shraddha KhambhayataThe COVID pandemic has resulted in far-reaching consequences across industry and business…
  • Business Sarath City Capital Mall Mega Bumper Prizes Winners List
    15 February 2021, M.dailyhunt.in
    BMW car, Benelli super bikes, cycles & surprising gifts had distributed as a part of Shop & Win – Festival Celebrations Hyderabad: Sarath City Capital Mall, India’s largest shopping mall announced the lucky draw winners of festival shopping contest ‘SHOP & WIN’ at a grand ceremony today at Sarat City Capital Mall, Kondapur. As part of festival sales the mall announced BMW X1, Benelli Imperiale 400, and other exciting prizes to the customers. The Mega and Bumper prizes handed over to the Lucky winners by Mr. Sarath Gopal Bopanna, Managing Director – Skill Promoters Pvt Ltd…
  • Airia Mall drives inclusion, creates livelihood for persons with disabilities
    15 February 2021, Indiaretailing.com
    In India there are about 26.8 million Persons with Disabilities (PwDs) out of which their employment is less than 1%, as per the census of 2011. This shocking number has encouragedAIRIA Mall to support employment of PwDs with the help of Trust for Retailers and Retail Associates of India ( TRRAIN ).AIRIA Mall, in association with TRRAIN, is opening a training centre to train PwDs through TRRAIN’s livelihood creation program, Pankh – Wings of Destiny. On completion of their training, the trainees will be employed in the mall and its retail brands…
  • Pacific Mall Tagore Garden redefines love this Valentine’s Day with dog adoption
    15 February 2021, Businessnewsthisweek.com

    Pacific Mall Tagore Garden in association with NGO People for Animals had organized a 2 day adoption drive from February 13-14 on the occasion of Valentine’s Day.The NGO has been known for promoting the idea of ‘be Indian, promote Indian. Therefore, in order to encourage the adoption of Indie street dog, the mall and NGO have hosted this drive.There were around 10 dogs and puppies present at the mall premises.People for Animals follows two aspects before they let someone adopt a pup – the legality aspect and morality…

  • India’s Largest Shopping Mall – Sarath City Capital Mall distributes Mega & Bumper prizes to the winners
    15 February 2021, Businessnewsthisweek.com
    Hyderabad: Sarath City Capital Mall, India’s largest shopping mall announced the lucky draw winners of festival shopping contest ‘SHOP & WIN’ at a grand ceremony today at Sarat City Capital Mall, Kondapur. As part of festival sales the mall announced BMW X1, Benelli Imperiale 400, and other exciting prizes to the customers.The Mega and Bumper prizes handed over to the Lucky winners by Mr. Sarath Gopal Bopanna, Managing Director – Skill Promoters Pvt Ltd. Promoters & developers, Sarath City Capital Mall in the presence of Tollywood celebrities and guests…
  • Covid’s puzzling decline in India sparks a shopping spree
    15 February 2021, Timesofindia.indiatimes.com
    NEW DELHI: For the home to the world’s second-largest Covid-19 outbreak, life in India is almost back to normal.Shopping mall parking lots are full again. Stores are buzzing, and there are long lines for hair salons and restaurants.“We just got fed up sitting at home, for how long can you do that?” said Kaniz Zehra, a 32-year-old stay-at-home parent to a toddler and a 5-year-old. In recent months, she’s flown for two domestic holidays; last month, she braved the crowds at the DLF Mall of India, one of the country’s largest, outside of New Delhi…
  • As Covid declines, Indians are out shopping, dining, getting haircuts & crowding malls
    15 February 2021, Theprint.in
    Infection and death rates have dropped, and as shoppers re-emerge, the economy and consumer companies are posting strong gains, far sooner than most expected.Customer browse fabrics inside Mangaldas Market in Mumbai on 6 February 2021| BloombergMumbai: For the home to the world’s second-largest Covid-19 outbreak, life in India is almost back to normal.Shopping mall parking lots are full again. Stores are buzzing, and there are long lines for hair salons and restaurants.“We just got fed up sitting at home, for how long can you do that?” said Kaniz Zehra, a 32-year-old stay-at-home parent to a toddler and a 5-year-old…
  • Pacific Mall Tagore Garden redefines love this Valentine’s Day with dog adoption
    14 February 2021, Pninews.com
    Pacific Mall Tagore Garden in association with NGO People for Animals had organized a 2 day adoption drive from February 13-14 on the occasion of Valentine’s Day. The NGO has been known for promoting the idea of ‘be Indian, promote Indian. Therefore, in order to encourage the adoption of Indie street dog, the mall and NGO have hosted this drive. There were around 10 dogs and puppies present at the mall premises.People for Animals follows two aspects before they let someone adopt a pup – the legality aspect and morality…
  • Valentine’s Day sales in Chandigarh unaffected despite pandemic
    14 February 2021, Hindustantimes.com
    A shop owner said that with outstation students at their native places this year, newly-wed and married couples are the major contributors to the sales With residents lining up at shops to purchase Valentine’s Day gifts, traders in the city say the Covid pandemic has had little to no effect on sales this year. Diwakar Sahoonja, proprietor of Dewsuns in Sector 11, said sales at his shop were at par with previous years. “Valentine’s Day cards with matching masks are selling like hot cakes…
  • Celebrate all things LOVE at Select CITYWALK!
    14 February 2021, Hospibuz.com
    This February, unlock love with your special someone at Select CITYWALK as it celebrates and spreads the warm fuzzy feelings of love with its#LoveUnlocked campaign promoting love as the flavour of the season. This year, Valentine’s Day at Select CITYWALK will take on a whole new meaning with this campaign, taking inspiration from how with each unlock during the lockdown, came the feeling of hope, joy and unique ways of expressing love, whether locked in together or far apart…
  • This Valentine’s Day, Come Experience the Venetian Expression of Love at Elante Mall
    14 February 2021, 121newsonlines.blogspot.com
    Elante Mall is all geared up to create the most memorable moment for their patrons this season of love. With Valentine’s Day around the corner, Elante has brought an experience which will not only sweep the love birds off their feet but will also bring back memories of travel enthusiasts…
  • Urban Square Mall Phase-I project gets Fire NOC
    13 February 2021, Projectstoday.com
    Urban Square Mall, one of India’s largest retail & hospitality-centric mixed-use projects in Udaipur, Rajasthan, has received Fire NOC.The Fire NOC has been given for Phase-I, which is being constructed in around one million sqft area. Phase-1 will be offered for possession soon after completion of all the necessary formalities which isin process.After the unlocking process, Bhumika Group resumed work in full speed to complete the project. It will offer the possession of Phase-I soon.Urban Square is a 1.8 million sq feet mixed-use development project, which is being built in phases…
  • PHOENIX MARKETCITY AND PALLADIUM TO CELEBRATE ‘LOVE FEB’
    13 February 2021, B4umedia.in
    PHOENIX MARKETCITY AND PALLADIUM TO CELEBRATE ‘LOVE FEB’12 February 2021, Chennai: This February, Phoenix Market City and Palladium embraces the pulse of the month with ‘Love Feb’. The campaign hosts a plethora of breath-taking performances by famous artists and overwhelming gifting options for the entire month of February.A warm and secure environment with best gifting options from leading luxury outlets like MK, Coach, Kate spade, Horology, Ferragamo and many more with assured gift card worth Rs.2000 for a purchase of Rs. 25000/- and a chance to win a diamond set worth 3 Lakh…
  • Summer heat: Hotels, malls worry about temperature SOP
    13 February 2021, Timesofindia.indiatimes.com
    Ahmedabad: With summer close at hand, malls as well as hotels are now confused on implementing ambient temperature in accordance with Covid-19 SOP.According to the guidelines by MHA, ambient temperature needs to be maintained in the range of 24°C to 30°C. However, with markets opening, footfalls are increasing in hotels as well as malls. If at all there is more crowding, ambient temperatures needs to be reduced below 24°C levels for comfort of clients and guests, hoteliers and mall-owners say…
  • Movie Goers can Celebrate This Valentine’s Day with Loved Ones at PVR Cinemas
    12 February 2021, News.webindia123.com
    A week-long festival with special screenings of romantic movies across 17 cities NEW DELHI, Feb. 12, 2021 /PRNewswire/ — The season of love is here with Valentine’s Day around the corner. Adding to the grandeur, PVR brings a specially curated Valentine’s Day Film Festival with popular Bollywood, Hollywood & Regional romantic movies across 17 cities in PVR Cinemas. The week-long festival starting 12th February will screen iconic titles like La La Land, A Star Is Born, Jab We Met, Dil to Pagal Hai, Dilwale Dulhania Le Jayenge etc…
  • Flower show held in city mall
    12 February 2021, Millenniumpost.in
    KOLKATA: Acropolis Mall has organised a spectacular flower show-cum-horticulture exhibition titled ‘Blossoms’for flower and plant lovers of the city. Subrata Gupta, Additional Chief Secretary, Food Processing Industries and Horticulture department and Sushil Mohta, Chairman, Merlin Group, inaugurated the show in presence of fashion designer Agnimitra Paul. The show is being held from February 10 to February 14 from 12 noon to 9 pm.”Today our annual production of flowers is exceeding 78, 000 metric ton…
  • Shopping Centres Back on the Road to Recovery
    11 February 2021, Indianretailer.com
    Consumer sentiments are changing with new announcements on the vaccine for past few days and people have started visiting the malls for shopping, entertainment and family dinners.Charu LambaDeputy EditorIt has been a long and tough year for many in India and the festive season has been a welcome respite to the year. Shopping Centres saw an encouraging trend where customers started coming back and this showed in their sales recovery.“Our sales touched 80 percent of the last year sales across our portfolio for the festive season…
  • Mindstone Mall Developers acquire 7.48 acre land in Kolkata
    11 February 2021, Projectstoday.com
    Mindstone Mall Developers, a wholly-owned subsidiary of Phoenix Mills (PML), has acquired approximately 7.48 acre of prime land in Alipore, Kolkata, West Bengal, for a total consideration of Rs 300 crore.The company is looking to expand its portfolio in Tier-1 cities. The greenfield development opportunity in Kolkata is the first such addition to the company’s portfolio in 2021 and will add to its operational developments beyond 2024…
  • Mindstone Mall Developers acquire 7.48 acres in Kolkata for Rs 300 crore
    11 February 2021, Realty.economictimes.indiatimes.com
    The land parcel has development potential of approximately 1 million sq ft with the first phase of the development expected to be operational during FY25 subject to local and municipal approvals, the company said.NEW DELHI: Mindstone Mall Developers, wholly owned subsidiary of The Phoenix Mills(PML), has acquired approximately 7.48 acres of prime land in Alipore, Kolkata for a total consideration of Rs 300 crore, the company said in a BSE filing.”We are witnessing a strong recovery across our businesses which faced a temporary disruption during 2020…
  • LuLu annual flower festival from Thursday
    11 February 2021, Newindianexpress.com
    Lulu Mall Kochi’s annual flower festival will be held from February 11 to 14.KOCHI: Lulu Mall Kochi’s annual flower festival will be held from February 11 to 14. Over 1,000 varieties of flowers and plants will be exhibited and be available for sale during the third edition of the festival this year. People can visit the mall during these days between 10am and 10pm to see the flowers, free of cost. The festival will feature local vendors from Kochi, Kottayam, Pathanamthitta and Thrissur.It will showcase horticulture, floriculture, landscape, gardening and botanic categories of plants, herbs, fertilisers and flowers…
  • I don’t know what itis to visit parks, malls
    11 February 2021, Timesofindia.indiatimes.com
    CHENNAI: I am a person with locomotor impairment in my lower limbs and use a wheelchair for mobility. I cannot use any public transport and have to spend 10 to 15 times more compared to anyone who does not face difficulties in accessing public transport.For my work, I have to visit government officials and their offices, be it in the Secretariat or in the housing board, are mostly inaccessible. This necessitates negotiation with the officer to meet in accessible locations thereby reducing the duration of meeting and missing the key elements of discussion…
  • Phoenix Mills Share price: Initiates coverage with a BUY rating and Fair Value estimate of Rs 960/share
    10 February 2021, Msn.com
    Kotak Institutional Equities initiates coverage on Phoenix Mills with a BUY rating and Fair Value estimate of Rs 960/share, offering 20% upside to CMP of Rs 801/share. Phoenix Milla offers investors the opportunity to align with the long-term growth in organized retail that will likely benefit from continued urbanization and rising income levels. In Kotak’s view, the near-term impact due to Covid-19 is likely transient and will not substantially alter the purchasing habits of the retail consumer in India…
  • 3 Biggest Malls In India You Must Visit For Perfect Shopping Day
    10 February 2021, Iwmbuzz.com
    Here are the three largest malls in India that you need to check outWho does not love shopping, most people today are always on the look for new clothes, groceries, accessories, house decor, or some or the other thing they need. All these things are available at one stop in Malls.It’s always fun to visit a mall even if you’re not really looking to shop for anything. All you can do is window shop with your friends and then have some food in their food courts…
  • Delhi restaurants roll out Valentine’s Day deals for couples, singles and girl gangs
    10 February 2021, Newindianexpress.com
    Various restaurants and hotels have rolled out special Valentine’s Day offers adhering to the COVID-19 protocol to entice guests.Now that going out and ordering in is almost back to normal (adhering to the COVID-19 protocol, nonetheless) various restaurants and hotels have rolled out special Valentine’s Day offers to entice guests.Creamy & Dreamy AffairGo for the dessert variety – heart-shaped Blueberry Mirror Glaze Cheesecake and Red Velvet Mascarpone Pastry, Gulab Malai Kheer, and drink Love at First Sight – a combination of White spirit and peach finished with cranberry juice…
  • Treasure Island & TI Next gears up with gifting options
    10 February 2021, Dailypioneer.com
    The month of February is celebrated as the month of Love world over. In Indore, Treasure Island & TI NEXT mall are geared up to ensure they offer the best deals in town across a wide range of gifting options for your loved ones. The lovely décor of Teddy Bear at Treasure Island Mall adorned with hundreds of roses in the shades of red to match the mood of the season…
  • No shows & no-shows force 7 multiplexes to pause ops
    10 February 2021, Timesofindia.indiatimes.com
    Pune: Few footfalls and fewer movie releases have caused temporary closure of seven multiplexes in Pune and Pimpri Chinchwad — one run by E-Square and six operated by City Pride.These multiplexes had opened last year after the state government allowed the screening of movies at 50% seating capacity. However, a lack of new content, coupled with a general wariness because of the pandemic, caused them to bleed money.“Until Maharashtra opens its theatres at 100% capacity, there won’t be many big Hindi releases…
  • Accor expands in Bengaluru with Grand Mercure
    09 February 2021, Travelbizmonitor.com
    Accor has announced the opening of its second Grand Mercure, at Gopalan Signature Mall in the ever-evolving start-up capital of the country, Bengaluru. A melting point of diverse cultures and tradition, the city down south makes for a calmer environment and a comfortable lifestyle. With a sprawling well planned layout and a cosmopolitan outlook, Bengaluru is known as the IT capital spearheading the country’s technological boom. This is Accor’s sixth hotel in Bengaluru and seventh property in Karnataka for guests to experience flavours, art and culture of the state…
  • Mumbai, February 9, 2020: Supporting the Road Safety Month initiative, Growel’s 1O1 Mall in Kandivali organised a fun filled Flash Mob performance by NGO We Can We Will Foundation to create awareness in a fun way about avoiding road mishaps. Gracing the
    09 February 2021, Mumbainewsnetworks.blogspot.com
    Growel’s 1O1 Mall in Kandivali creates awareness for Road Safety Month with Flash Mob performance by NGO We Can We Will FoundationThe shoppers at the mall were entertained and educated at the same time about the initiative as kids from the We Can We Will Foundation put up an electrifying performance on peppy tunes of songs like Samjo Ishaare dil yeh pukaare, Galti se Mistake, and Ae bhai zara dekh ke chalo…
  • India Ghaziabad’s Shipra Mall sealed over Rs 2.22 crore unpaid dues
    09 February 2021, M.dailyhunt.in
    GHAZIABAD: The famous Shipra Mall of Ghaziabad in Uttar Pradesh has been sealed on charges of irregularities. According to reports, the mall was seized for non-payment of dues. The Ghaziabad Municipal Corporation team sealed the Shipra mall, located in the Indirapuram area of the city, over non-payment of property tax amounting to Rs 2.22 crore. Reports stated that Ghaziabad Municipal Corporation officials reached the spot and sealed the property. Officials had reportedly held talks with mall management before initiating the sealing drive…
  • Celebrate the Festival of love at your favourite Phoenix Marketcity Pune
    09 February 2021, Businessworld.in
    Celebrate the Festival of love at your favourite Phoenix Marketcity Pune Pune (Maharashtra) [India], February 9 (ANI/NewsVoir): The season of love is here with Valentine’s Day right around the corner. For this occasion, if you are a planning dinner date, quality time with family or a crazy shopping spree with your friends, Phoenix Market City is the perfect destination, where everything is available under one roof. This year too, they are all ready and geared up to celebrate the season of love like no other…
  • India News | Major Fire at Guwahati Shopping Mall
    8 February 2021, Latestly.com
    A major fire broke out at a shopping mall in the heart of Guwahati in the early hours of Monday, officials said. Guwahati, Feb 8 (PTI) A major fire broke out at a shopping mall in the heart of Guwahati in the early hours of Monday, officials said. Eight fire tenders doused the blaze after fire- fighting operations that went on for more than eight hours, they said. No person was injured in the incident at the upscale Central Mall, located on the arterial GS Road, a senior official of the Fire and Emergency Services told PTI…
  • Hyderabad Central mall asked to pay Rs 15,000 for charging Rs 10 on paper bag
    8 February 2021, Thehansindia.com
    Hyderabad Central mall asked to pay Rs 15,000 for charging Rs 10 on paper bagHyderabad Central mall at Punjagutta was asked to pay Rs 15,000 to its customer for charging him Rs 10 on a paper bag with its logo.According to the complainant, V Bejjam, a resident of Kavadiguda purchased a shirt for Rs 1,400 from a shop in the mall. The store gave him the shirt in a paper bag with the mall’s logo for which he was charged Rs 10…
  • Enjoy Your Valentine’s Day With These 5 Malls All Set To Charm Your Day Up With Décor And Offers!
    8 February 2021, Dfordelhi.in
    If you’re planning for this valentine’s day and still didn’t figured out where to go with your bae then maybe these 5 malls situated in Delhi NCR come in handy where you can surprise him or her with their decor and lots of offers so you can also gift them!Vegas Mall is all set up to make your valentine’s day joyous than ever as they’re giving away 50% cashback on your bills you get from shopping by any store out there. Now take your bae and get her those footwear she wanted since a long time…
  • Inorbit Malls hosts first physical event of the year, 1200 people participate
    8 February 2021, Indiaretailing.com
    Inorbit Malls, in association with YouTooCanRun, hosted its first ever marathon run of the year at one of the most recognisable landmarks of Hyderabad, Durgam Cheruvu.The marathon saw a massive participation of over 1,200 individuals from different walks of life and different age groups. The run was also supported by Nirmaan an NGO that works towards girl chid education.Motivating every individual in the city, the marathon also witnessed participation by 50-specially abled runners which was a truly inspiring moment. The funds raised at the event will be mobilized towards Girl Child Education…
  • Maharashtra: Snow World launched at Seawoods Grand Central Mall in Navi Mumbai
    6 February 2021, Msn.com
    Snow World launched at Seawoods Grand Central Mall in Navi Mumbai. The indoor snow park is a magical snow filled winter wonderland.It is spread across 24,500 sq ft. One can enjoy the winters in the heart of the city with a temperature of -10 degrees celsius throughout the year…
  • Making art with Rubik’s cubes
    6 February 2021, Deccanherald.com
    On Republic Day, Forum Mall, Whitfield hosted a unique world record attempt. A group of six Rubik’s cube artists attempted to create Asia’s largest 3-D cube portrait.Team Speed Cubing Bangalore, Hariology, Prithvi Mosaics and Deccan Cubing created a portrait of APJ Abdul Kalam out of 2,611 cubes. Hariprasad CM, the man behind Hariology spoke to Metrolife about how this attempt came about. “I started cubing in 2010 but for the longest time I was only into speedcubing, competitions and teaching people how to cube,” he says…
  • Cycle zone to connect New Town malls
    6 February 2021, Timesofindia.indiatimes.com
    Kolkata: The Housing Infrastructure Development Corporation (Hidco), along with the New Town Kolkata Development Authority (NKDA), is planning to turn a road connecting Central Mall with Axis Mall below the flyover in Action Area I into a cycle-zone where no cars will be allowed.As per the plans of the authorities, the zone will have cycle tracks, street food plaza, recreation zones, sitting arrangements, public art, tree plantation and other decorative structures that will have a clean and green look…
  • RBI allowing retail investors to open gilt accounts will increase participation: Nilesh Shah
    5 February 2021, Economictimes.indiatimes.com
    We need a buyer of last resort in the capital market for participation of NBFCs in TLTRO. If small savings rates are aligned to government securities, then RBI allowing retail investors to open gilt accounts could lead to a lot of retail participation, says Nilesh Shah , MD, Kotak AMC RBI has proposed to provide funds from banks to NBFCs under the TLTRO on tap scheme. This has been a long-standing demand for the NBFC sector. How do you look at this announcement? Number one, this is a very positive announcement because this gives assured financing to NBFCs…
  • Largest adverting LED wall installed inside Infiniti Mall Malad, Mumbai
    5 February 2021, Exchange4media.com
    Bank of Baroda, ITC, Samsung, Netflix, Cadbury and more have already boarded this mega LED screen with their campaigns & are becoming the eye candy for allBrand campaigns going giant on the largest adverting LED wall inside Infiniti Mall Malad, MumbaiThe recently launched “Infinite Screen”, the largest adverting LED wall installed, inside any mall in India yet, is becoming the talk of the town amongst the brands.This giant advertising LED wall is 39.4FT (W)X 16.4 FT (H) in size, which provides an exceptional mega resolution of 4224PX (W) X 1760PX (H) along with sound support…
  • Struggle to revive cinemas: Seats remain vacant as halls screen old movies in bid to pull crowds
    5 February 2021, Indianexpress.com
    Despite opening at 100 per cent capacity, cinemas in the city are struggling to get back on their feet. With most cinema halls screening older films, pulling crowds is proving to be a struggle. The government allowed cinemas to open at 100 per cent capacity from February 1 onwards. The order was a ray of hope for cinema owners who have been struggling to make ends meet since last year. “We were hopeful about the movie ‘Master’, which has attracted huge crowds in Southern regions, will show some impact here also. But it has failed to draw people in the Northern regions,” said a cinema owner said…
  • Budget 2021: Skills programme to benefit retail sector, says Kumar Rajagopalan of CEO, Retailers Association of India
    4 February 2021, Freepressjournal.in
    Budget 2021: Skills programme to benefit retail sector, says Kumar Rajagopalan of CEO, Retailers Association of India Artem A step in the right direction Kumar Rajagopalan The eyes of the entire nation were on the Finance Minister as she delivered the Budget 2021, a budget that had a lot riding on it considering all that happened to the country’s economy in the last one year. While the budget speech was economic in its length compared to last year, it’s content was potent in terms of what it delivered. The retail industry was crippled during the lockdown…
  • Struggle to revive cinemas: Seats remain vacant as halls screen old movies in bid to pull crowds
    4 February 2021, Indianexpress.com
    Except Madam Chief Minister, Master, old movies like Uri the surgical strike, Ram Prasad ki tehrvi, Suraj pe mangal bhari are also being screened at the time.Despite opening at 100 per cent capacity, cinemas in the city are struggling to get back on their feet. With most cinema halls screening older films, pulling crowds is proving to be a struggle.The government allowed cinemas to open at 100 per cent capacity from February 1 onwards…
  • Arvind Kejriwal launches ‘Switch Delhi’ campaign to promote electric vehicles
    4 February 2021, Economictimes.indiatimes.com
    Arvind Kejriwal asked delivery chains and big companies, resident welfare associations, market associations, malls and cinema halls to promote electric vehicles and set up charging stations at their premises. New Delhi: Chief Minister Arvind Kejriwal on Thursday launched the ‘ Switch Delhi ‘ campaign to promote electric vehicles and appealed to people to buy such vehicles to combat pollution in the city. Kejriwal said his government will hire only electric vehicles for various purposes in the next six weeks…
  • MAI Thanks I&B Ministry For Lifting Restrictions On Seating Capacity In Theatres
    4 February 2021, Republicworld.com
    Noted film critic and business analyst Taran Adarsh took to his social media accounts in order to share a media release that came from the officialsat the Multiplex Association of India (MAI). The statement saw the organization thanking government officials, who are a part of the Ministry of Information and Broadcast of India, for allowing 100 per cent seating capacity in theatres and multiplexes.The statement also sees the MAI communicating that the decision will help the exhibitors across the country to heal from the financial damage that they took during the early months of the COVID-19 pandemic…
  • Mumbai nightlife likely to resume soon, Aaditya Thackeray optimistic
    4 February 2021, Freepressjournal.in
    Aaditya Thackeray is the prime mover behind the Mumbai 24×7 initiative Maharashtra tourism minister Aaditya Thackeray Twitter/@AUThackeray The much-touted Mumbai nightlife ‘scene’ is likely to be back in full force, primarily due to the downward trend in new coronavirus disease (COVID-19) cases in the city. According to reports, Maharashtra Tourism Minister Aaditya Thackeray has hinted that the prospect of the ‘nightlife’ might soon be allowed by the state government to resume in full force, given the number of daily COVID-19 cases in the Mumbai has been going down…
  • Budget has the potential to trigger consumption to some extent at bottom of the pyramid’
    2 February 2021, Deccanherald.com
    All eyes were set on Budget 2021-22 for the key role it will play in accelerating revival of the economy, to raise and capture the pace that leads to sustainable growth.Considering all that happened to the country’s economy in the last one year, the content of the Budget speech was potent in terms of what it delivered. The retail industry was almost squashed during the pandemic, and its ripple effect was felt by all stakeholders down the consumption value chain. As the economy opens up, it is now slowly getting back on its feet…
  • General Top Shopping Destination in Chengdu Leads “Culture of Cool” to Explore New Growth Opportunities
    2 February 2021, M.dailyhunt.in
    Chengdu, China: Over the recent years, with China’s thriving pop culture, the one-of-a-kind market has revealed a state of acceleratinggrowth, and led to the emergence of an ever-expanding legion of pop brands – even luxury brands are seeking to ride on the trend. What pillars the country’s booming pop-culture market is the absolute discourse power of Gen Zers, who are not only digital natives, but also natural-born audiences of pop culture, thanks to their unremitting pursuit of distinction and personality…
  • Delhi: Cinema halls to function with 50% occupancy
    2 February 2021, Indianexpress.com
    The Cinepolis at DLF Avenue at Saket is also functioning at half occupancy and with a limited menu.While the central government has allowed 100 per cent occupancy at cinema halls from February 1, movie theatres in Delhi have decided to maintain the distance and continue with the protocols with which they opened in October, which included 50 per cent occupancy…
  • Budget 2021: Apparel sector will become globally competitive, FMCG consumption will go up say experts
    2 February 2021, Indiaretailing.com
    As part of the Centre’s efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector, an announcement to set up mega textile parks has been made by Finance Minister Nirmala Sitharaman in Budget 2021.“A scheme of mega investment textile parks will be launched in addition to the PLI scheme,” Sitharaman said. She added that 7 mega textile parks will be launched in three years as part of the scheme.The mega textile parks will have integrated facilities and quick turnaround time for minimizing transportation losses, eyeing big-ticket investments in the sector…
  • Textile industry welcomes Budget announcement of setting up 7 mega textiles park
    2 February 2021, Outlookindia.com
    The textile industry welcomed the setting up of 7 mega textiles parks proposed in the Union Budget 2021-22, saying this will makethe industry globally competitive, but the imposition of a 10 per cent basic customs duty (BCD) on raw cotton will increase the domestic prices.”The Mega Investment Textiles Parks (MITRA), under which seven textile parks will be established over a period of three years, is a positive step that will enable the industry to become globally competitive, attract large investments and boost employment generation,” Cotton Textiles Export Promotion Council (TEXPROCIL) Chairman Manoj Patodia said…
  • Budget 2021: ‘Govt. should have come up policy to motivate the retailers’
    1 February 2021, News24online.com
    We welcome the budget with open arms. However, there is no specific announcement in this budget for SME’s especially from the overall retail sector, Anup Singh, Founder & CEO, Kirana King, reviewed the budget. In the grocery retail segment, we understand the importance of the Pop-shops coming in during the time of the COVID-19 pandemic. The Government in this budget should have come up with a policy/relief/incentive/ rebates to motivate the retailers to come in the formal economy…
  • Budget 2021: Thrust on infra development, ease of doing business positive for retail
    1 February 2021, Indiaretailing.com
    According to Kumar Rajagopalan, CEO, Retailers Association of India ( RAI ), Budget 2021 is growth-oriented, well balanced and progressive.“Overall, it is a popular budget without being populist. The retail industry was almost squashed during the pandemic. It is slowly getting back on its knees with the opening up of the economy. The budget has announced initiatives which touch all segments of the society – women, farmers, entrepreneurs, rural and urban consumers. The positives for retail are the overall thrust on ease of doing business and compliance and infrastructure development,” he said…
  • Seven mega textiles parks highlight of Budget: CMAI
    1 February 2021, Fibre2fashion.com
    The announcement on setting up of seven mega textiles parks is the highlight of the Union Budget 2021-22, directly impacting the textile industry, The Clothing Manufacturers Association of India (CMAI), the apex association of the apparel industry of the country, has said. Several announcements impacting consumer spending will help the apparel sector.Welcomed the Union Budget presented today in the Parliament by the Union finance minister Nirmala Sitharaman, CMAI president Rajesh Masand said the announcement of mega textiles parks is in line with the government’s intention to encourage mega projects and increasing the scale of operations in the textile Industry…
  • Push on infrastructure, textile to benefit retailers: Experts
    1 February 2021, Retail.economictimes.indiatimes.com
    The focus on ‘Make in India’ and increased custom duties, are also expected to result in promoting domestic manufacturing, improving employment rate, experts said.NEW DELHI: The push on infrastructure spends across roads, rural, textile parks and agri-sector support will put more money in the hand of consumers and will drive consumption across categories, experts from retail sector said.”In addition, the infrastructure focus will enable companies to expand their rural and urban coverage, further helping drive consumption across the country, enabling the “One India One Market” vision,” said Rajat Wahi, partner, Deloitte India…
  • We can now attract new films to our theatres: Multiplex Association of India (MAI)
    1 February 2021, Timesofindia.indiatimes.com
    The decision of the government allowing 100% seating in cinemas comes as a sigh of relief for the multiplex and single screen chain owners.With the theatre chains facing massive losses during the pandemic, TheMultiplex Association of India (MAI) is hopeful that things will now change. For the revival of the theatres, relaxations of the seating norms was a vital prerequisite.Thanking Prakash Javadekar, Minister of Information & Broadcasting, the association hopes that the decision will give the cinema industry, the necessary impetus to recover from the impact of the on-going pandemic…
  • Budget 2021: What retailers want from Sitharaman’s budget?
    1 February 2021, Businesstoday.in
    The Indian retail industry, one of the worst affected sectors due to the COVID-19 pandemic, expects Finance Minister Nirmala Sitharaman to announcemeasures to improve disposable income of consumers in the Union Budget 2021. The $854 billion Indian retail sector, which is slowly getting back on track with the opening up of the economy, expects budget to prioritise growth-oriented policies and measures to boost the local economy and help revive retail, saving millions of jobs…
  • 100 per cent occupancy in theatres from Feb 1, digital transactions to be encouraged: Javadekar
    31 January 2021, Outlookindia.com
    Cinema halls across the country will be permitted to operate at full capacity from February 1 with adherence to COVID-19 safety protocols, Union Minister for Information and Broadcasting (I&B) Prakash Javadekar announced on Sunday.Adequate physical distancing, mandatory face masks and sanitisation of auditorium after every screening are among the latest SOPs issued by the Ministry of Information and Broadcasting on Sunday, after the government allowed cinema halls to operate at 100 percent occupancy from Monday…
  • Govt could consider allowing input tax credit to retail companies
    31 January 2021, Retail.economictimes.indiatimes.com
    Retail sector in general works on volume and wafer-thin margins, and hence any GST cost has a lot of impact on this sector’s performance. Though GST as such now doesn’t necessarily get addressed through Budget, but there are challenges in this area and need to be addressed.By: Paresh Parekh and Utkarsh MehtaThe pandemic inflicted lockdown restrictions severely affected the economic activities and resulted in job loss for millions and unprecedented standstill for certain businesses…
  • Mall to expand network
    31 January 2021, Thehindu.com
    AMP Mall and Thangam Chambers of Coimbatore have inaugurated a 60,000 sq.ft shopping mall on Mettupalayam Road here.According to Rajesh Keerthi, Chief Executive Officer, AMP Mall India, the mall has 30,000 sq.ft of retail space, including a food court and super market. It has vehicle parking facilities for 100 cars. “This is a makkal mall in that the prices are affordable without compromising on quality,” he says.The shops are given on revenue sharing basis…
  • Ambience Mall underpass set to open in March
    31 January 2021, Timesofindia.indiatimes.com
    Gurgaon: The much-awaited Ambience Mall U-turn underpass on the Delhi-Gurgaon expressway is likely to be thrown open to the public in March.The temporary shifting of lanes at Sirhaul toll plaza to facilitate work on the underpass will begin next week, after a delay of nearly one year. The underpass is expected to be completed by March 15, the National Highways Authority of India (NHAI) has said.Three toll lanes under the South Delhi Municipal Corporation (SDMC) fall in the alignment of the underpass being constructed near Ambience Mall on the expressway…
  • Retailers urge CM, PM to withdraw COPTA amendment bill
    30 January 2021, Thehansindia.com
    The Karnataka chapter of Federation of Retailers Association of India (FRAI) have appealed to Chief Minister B. S. Yediyurappa to save the interests and livelihood of around two lakh micro retailers and over 10 lakh who depend on them in the StateBengaluru: The Karnataka chapter of Federation of Retailers Association of India (FRAI) have appealed to Chief Minister B. S. Yediyurappa to save the interests and livelihood of around two lakh micro retailers and over 10 lakh who depend on them in the State…
  • Shops & eateries welcome longer hours, trains for all
    30 January 2021, Timesofindia.indiatimes.com
    Mumbai: Traders ’ federations and restaurant owners’ associations on Friday welcomed the state’s decision to extend their closing timings to 11pm and 1am, respectively.Currently, they shut shop two hours early. The simultaneous relaxation of train travel rules will boost business too, they said.Kumar Rajagopalan, CEO of Retailers Association of India (RAI) said, “This is a win-win (prospect) for consumers, businesses and the government. Longer operation hours will give consumers the flexibility to shop as per their convenience and help adhere to social distancing norms…
  • Inorbit Malls opens 50 new stores in 6 months
    30 January 2021, Indiaretailing.com
    Around 50 new stores were inaugurated at the Inorbit Malls located in Malad, Vashi, Bengaluru, Hyderabad and Vadodara in the last six months despite the pandemic, on the back of a strong commercial demand during India’s unlock phases as well as encouraging festive sales.“The business of shopping malls is among the several businesses dented by the pandemic. Rental incomes dropped and in some cases, retailers even shut their stores. However, as India slowly unlocked, we saw a surge in pent-up demand from consumers for new and existing brands which was further strengthened by the festive rush…
  • Get Ready For Your Perfect Wardrobe Shopping As These 9 Malls Are Having End Of Season Sale!
    30 January 2021, Dfordelhi.in
    This is the time you all shopaholics were waiting for. Get set with your bags and ditch those old clothes as these 9 Malls are having their End Of Season sale where there’s a lot for you to grab at huge discounts. Check them out ASAP!!Well talking about Pacific Mall then this place is celebrating their 10 years anniversary and is giving huge discounts, which is going up to 70% on different brands and stores which you must look out for…
  • Inorbit donates 5 lakhs towards Girl Child Education
    30 January 2021, Pninews.com
    Inorbit mall hosted the first ever marathon run of the yearon24 Jan 2021 over the DurgamCheruvuBridge which is considered as one of the land marks of Hyderabad. Race management partner was YouTooCanRun. The marathon saw a massive participation of over 1200 individuals from different walks of life and different age groups.Inorbit associated with Nirmaan an NGO as Charity partner. The funds raised at the event will be mobilized towards Girl Child Education. Motivating every individual in the city, the run witnessed participation by 50 specially-abled runners which was a truly inspiring moment…
  • Budget 2021 Expectations Of Retail Sector
    29 January 2021, Outlookindia.com
    A roll out of National Retail Policy is important to provide framework and financial assistance to the industryThe year 2020 has been a grim year for humanity but the announcement of COVID-19 vaccine rolling out across the globe in the new year has ignited hopes amongst everyone. We are all hopeful of leaving behind all the negativity and starting afresh with Budget 2021.Despite some quick thinking by our government and the Reserve Bank of India (RBI), the pandemic outbreak has resulted in declining revenues and high budgetary expenses due to which the fiscal deficit has increased to almost 12…
  • Retail realty PE deals look promising in 2021: Anarock
    29 January 2021, Thehindubusinessline.com
    Most of the new supply of malls that failed to be delivered in 2020 has spilled over to 2021Indian retail was one of the worst-affected due to Covid-19, which in turn impacted private equity (PE) investments into the sector in 2020. However, the year 2021 looks promising with many PE investment deals likely in the sector during the year, according to research firm Anarock Capital…
  • Budget 2021: Fashion Retailers Want Tax Relaxations, More Jobs
    29 January 2021, Indianretailer.com
    The purpose of the budget should be to improve the living standards of people.Charu LambaDeputy EditorThe last year was no less than a shock to the whole world. The whole industry took a massive hit, from which the world is still recovering. Imports are still lacking, as the businesses are still trying to settle down after the pandemic.The fashion retailers have high hopes from the budget 2021.The purpose of the budget should be to improve the living standards of people…
  • Head to R City Mall for winter fun, entertainment, shopping and food
    27 January 2021, Timesofindia.indiatimes.com
    As the winter starts gripping Mumbai and the temperatures have started to drop already, the discounts and offers across fashion, footwear and accessories brands are only increasing by the day.The End Of Season Sale has brought much respite for Mumbaikars to indulge in some shopping therapy with jaw dropping discounts on their favourite fashion brands. Among this is R City mall, Ghatkopar (W) – a popular fashion and premium lifestyle destination in Mumbai that is offering up to 70% OFF on over 500 brands under its ‘Happy New Wear Sale’ campaign…
  • Budget 2021: Retailers Demand Ease of Doing Business, Revival Push
    27 January 2021, Indianretailer.com
    To get this crawling industry back to its feet and start running, retailers believe that the budget should address ease of doing business for retailers.Charu LambaDeputy EditorThe retail industry was almost squashed during the pandemic. It is slowly getting back on its knees with the opening up of the economy. To get this crawling industry back to its feet and start running, retailers believe that the budget should address two main things that will bring in ease of doing business for retailers: Freedom from various procedural strangleholds and Access to funds necessary for growth…
  • Prama Hikvision Offers Back-to-Business Solutions for Malls and Retail Outlets
    27 January 2021, Ncnonline.net
    Malls and Organised Retail stores across India are looking for breakthrough solutions to resolve the health and safety concerns related to pandemic after they were allowed to reopen after stringent safety guidelines. To help the malls and the entire retail sector to safely reopen, Prama Hikvision has developed an impressive line-up of solutions for the retail sector. These innovative solutions include the Temperature Screening Solution, a Crowd-Flow Management Solution and Social Distancing Solution. These Back-to-business solutions are helping the malls and retail outlets to ensure compliance of public safety guidelines.Malls serve a variety of purposes in local neighborhoods…
  • Pacific Mall, Tagore Garden celebrates a decade of being the ultimate fashion destination in Delhi
    27 January 2021, Textilevaluechain.in
    New Delhi | Pacific Mall, Tagore Garden, Delhi’s ultimate fashion destination, recently celebrated its 10th Anniversary with an assemble of the top brands in mall. The decor placed centrally in the mall featured celebratory elements along with mannequins from different brands, each showcasing a different trendy look, thus reflecting the diversity of shoppers and brands mall caters to. The concept was to project brands as soul of a mall, united in the spirit of fashion…
  • Union Budget 2021: Offline retail hard hit by pandemic; seeks relief in taxation, rationalisation of licensing process
    26 January 2021, Firstpost.com
    All eyes are now on how Budget 2021 will address the expectations and challenges faced by the Indian retail sector.Paresh ParekhYear 2020 has witnessed huge uncertainties and challenges for nations across the globe including India. Economic activities were severely affected for a few months as India imposed several lockdowns to deal with the outburst of the pandemic.Brick and Mortar Retail, which is India’s third-largest sector, has been one of the worst-hit sectors owing to the ongoing pandemic with companies having undergone complete shutdown of their outlets, low consumer footfalls, etc…
  • Republic Day Art Work at Elante Mall by Artist Barkat Singh
    26 January 2021, Newznew.com
    Republic Day Art Work at Elante Mall by Artist Barkat Singh: This Republic day, Elante Mall with Rubik’s Cube Artist Mr.Barkat Singh brings the emotion of solidarity with a one-of-a-kind art installation made out of a very unusual medium: Rubik’s cubes. Commemorating the 72nd year of the Indian Republic, the beautiful artwork brought in the spirit of oneness while celebrating the unity in diversity of our nation. Using hundreds and thousands of Rubik’s cubes to create the fantastic artwork, talented event artist and founder of non-profit organization, Colours of Change, Mr. Barkat Singh used individual squares as the mosaic tiles…
  • 10 Emerging Trends: Here’s how the pandemic will alter mall culture in 2021
    26 January 2021, Indiaretailing.com
    The COVID-19 pandemic has irrevocably changed the way we go about our daily lives. As we emerge from the after-haze of a year that left us locked inat home with little access to public places, including malls, movie theatres and shopping complexes, we find that we’ve slowly and surely adapted to the new normal.Throughout the unlock period, shopping malls quickly pandered to dynamic consumer demands, re-strategizing and reinventing the mall experience for visitors, while keeping their fears and safety in mind…
  • National Retail Policy to strengthen retail sector
    25 January 2021, Retail.economictimes.indiatimes.com
    The Budget 2021 holds utmost significance for the retail sector as it is expecting for some immediate provisions to set the tone for recovery while also waiting for some long standing demands to be addressed.The retail sector was one of the most affected sectors during the Covid pandemic but the recent vaccination drive has brought some respite for the industry and has given a hope of quick revival…
  • Multiplexes on track to expand footprint in south India
    25 January 2021, Livemint.com
    Dominated by single screens, growth opportunity for multiplex chains down south is driving investments Multiplex chains are looking to expand their footprint in south India—a market which has so far been dominated by single screens—enthused by the return of audiences in huge numbers ever since cinemas were allowed to resume operations despite the covid crisis. Around 1,000 new multiplexes could come up in the south over the next five years, with the five states accounting for nearly 60% of all new multiplex properties, trade experts said…
  • Shopping Centre heads predict recovery time as footfalls, sales pick up
    25 January 2021, Indiaretailing.com
    The COVID-19-led shutdown recovery period for malls in India has been slow but steady.While Tier II & III malls picked up first and started raking in sizeable footfalls and sales, Tier I malls soon followed, picking up the pace. Most malls have been predicting that recovery will take place in the next three months if there is no further lockdown.Inorbit malls has reached 65-70 percent of their last year consumption. Festival season has seen an encouraging start and the brand is expecting good growth ahead…
  • Infiniti Mall salutes the Atmanirbhar spirit of India this 26th January
    25 January 2021, Mediabrief.com
    Trust Infiniti Mall to truly live up to what we call “bouncing back”. Ever since malls opened and we started adapting to the new normal, InfinitiMall also ensured that they left no stone unturned in keeping up with their yearly traditions to welcome its patrons back. And so, come 26th January, get set for a special Flea Market set up at Infiniti Mall, Malad from 23rd January to 26th January along with special classical music performances on 24th and 26th January to celebrate the heroic spirit of our nation and commemorate India’s 72nd Republic Day…
  • Acropolis Inaugurates Mishti Masti – the drool worthy Mishti festival
    25 January 2021, Apnnews.com
    A soft bite of the quintessential jalbhara talsaansh and the sweet syrup of nolengur oozing out of the womb of it. Doesn’t it bring a visible rapture on your face? Imagine all this and much more indulgence for all and sundry out there at Acropolis Mall.Acropolis Mall is presenting the third edition of Mishti Masti at its periphery from 22 nd January to 26 th January.Mishti Masti – as is christened, the sweet festival is luring mishti maniacs or mishti lovers…
  • SHOP AND SAVE BIG: ‘REPUBLIC DAY SALE’ AT PHOENIX MARKETCITY AND PALLADIUM!
    24 January 2021, B4umedia.in
    SHOP AND SAVE BIG: ‘REPUBLIC DAY SALE’ AT PHOENIX MARKETCITY AND PALLADIUM!21st January 2021, Chennai: Kick-start your shopping and savings this year at Phoenix MarketCity and Palladium’s ‘Republic Day Sale’ from 22nd to 26th January 2021.Mallgoers can enjoy a plethora of offers and deals including up to 70% off on 300+ leading brands likeSimon Carter, Zara, Lifestyle, Shoppers stop, Tommy Hilfiger, H&M etc. Adding to the shopping extravaganza, the mall has attractive saver offers on electronic brands like Zebronics, Bose, Dell, MI and many more. Get assured gift voucher worth Rs.1000 for a purchase of Rs.5000…
  • How brands are using AR to reach consumers during the pandemic
    24 January 2021, Indianexpress.com
    Luxury fashion houses and beauty brands are aware of how consumer preferences have changed over the last few months, and the use of augmented reality technology is a part of the strategy to innovate in testing times like these.Italian luxury fashion house Gucci is letting customers virtually “try on” shoes and see how they look before buying the same new Augmented reality (AR) lens on Snapchat. If you thought the concept of “shoppable” augmented reality shoe try-on is too niche, you are wrong…
  • City Hyderabad: First-ever Inorbit Durgam Cheruvu marathon on January 24
    24 January 2021, M.dailyhunt.in
    Hyderabad: Inorbit mall is all set to host Inorbit Durgam Cheruvu 10k and 5k Marathon run on January 24. The marathon will take place at Inorbit mall, starting at 6 am. The 5k and 10k run will begin at the same time. The run will be flagged off from Inorbit mall and will follow the trail of Durgam cheruvu Bridge. GHMC’s new mayor, corporators to take oath on February 11 Registered participants will get a Puma t-shirt, medal, nutritional breakfast and an e-certificate…
  • Enjoy your shopping spree at Express Avenue with Republic Day special sale
    24 January 2021, Businessnewsthisweek.com
    Chennai, kick start your Republic day shopping with sale at one of city’s premier shopping destinations- Express Avenue, from 22 nd -26 th January 2021Brands across Express Avenue would also be offering up to 70% discount for its patrons!Date: 22 – 26 January 2021Time: 11 AM – 9 PMVenue: Express Avenue, RoyapettahExpress Avenue – The Premium Destination Mall of India, is designed keeping in mind the ‘shopper-tainment’ concept, this green building has 1.7 million Sq. Ft. of constructed space with many architecture splendor. It has five floors of retail space including corporate offices and a hotel…
  • Get ready to chill this long weekend at Phoenix Marketcity, Pune
    23 January 2021, Aninews.in
    The much awaited long -weekender is almost here starting from January 23rd, which gives you ample amount of time to unwind and enjoy the best leisure and entertainment activities at Phoenix Marketcity, Pune.One of the highlights is the ‘The Art Harvest’ – an assortment of fine cultural performances to pep up the weekend. With zest and patriotism mood Phoenix Marketcity, Pune is all ready for the Republic Day celebration, where you can enjoy the plump tunes of the Santoorist and the mellifluous fiddling by the Violinist on the best artsy music…
  • The shutdown of cinemas and malls have largely affected the automobile sector, says Sarthak Sharma
    23 January 2021, Timesofindia.indiatimes.com
    Sarthak Sharma, who founded AutoForSure, India’s number 1 auto taxi booking service provider decided to modify the transport and travel industry, especially from paying due attention to women passenger safety.It also indicates generating employment for the unemployed drivers, who were severely affected by the pandemic. Through this, they aim to help users to find nearby auto-rickshaw or a taxi on their location. The platform has already been the favourite for thousands of people, making their day as efficient as ever…
  • New symptoms of style: What the next few seasons will look like for the fashion industry
    23 January 2021, Hindustantimes.com
    Overnight, the buying stopped. Covid-19 altered silhouettes and buying patterns too. What is the way forward? A return to the classics, conscious creation and relaxed silhouettes, designers say. It’s felt like a fashion famine, says Sunil Sethi, head of the Fashion Design Council of India (FDCI), a non-profit organisation that represents the interests of the industry. FDCI hosted its first-ever digital India Couture Week in September, to try and help designers boost business at least a little in the midst of the coronavirus disease pandemic…
  • Shop, win and repeat this Republic Day at Oberoi Mall
    22 January 2021, Mediabrief.com
    The celebrations continue at Oberoi Mall giving all shoppers a chance to win big this Republic Day weekend! Patrons shopping for Rs. 3,000/- or more from 22 nd to 26 th Jan 2021 will get a chance to play a unique engaging game only at Oberoi Mall and win rewards points in the Mall’s rewards app – Club Uno along with an assured PVR ICON ticket. Reward points equivalent to upto Rs 60,000/- worth of shopping are up for the grab by patrons when they participate in the game…
  • FRAI Mumbai appeals to the Prime Minister to order recall of proposed amendments in the COTPA law as they attack the livelihoods of petty retailers selling tobacco products across India
    21 January 2021, Mumbainewsnetworks.blogspot.com
    Small retailers are already reeling under the aftermaths of the COVID pandemic and this fresh attack will be devastating for their families Around 7.5 Lakh micro and petty retailers to lose substantial incomes and suffer harassment in Mumbai India already has the toughest tobacco regulations in the world and an overkill in the pandemic period is very insensitive Mumbai, 21 January 2021…
  • PNI NEWS
    21 January 2021, Pninews.com
    Mumbai: Federation of Retailer Association of India(FRAI), a representative body of about 4 crore micro, small and medium retailers from across the country with membership of 34 Retail Associations from Northern, Southern, Eastern and Western part of the country, today appealed to the Prime Minister Shri Narendra Modi Ji, to intervene and order a recall of the proposed 2020 amendments in the COTPA law which threaten to further attack the livelihoods of petty retailers selling tobacco and related products across India…
  • INORBIT MALL to host ‘India’s first Marathon of the year
    21 January 2021, Pninews.com
    Hyderabad: Inorbit is all set to host ‘Inorbit Durgam Cheruvu 10k’ Marathon run on 24th January 2021. Inorbit in association with YouTooCanRun invites people of Hyderabad to register either for the 10km timed run or 5km fun run at Rs 999 & Rs. 599 (plus taxes) respectively. Registered participants will get a Goodie bag, comprising of Puma t shirts Finishers Medal, a Packed Breakfast, and a Digital Finishers Certificate. Winners of the Marathon will be handsomely rewarded with cash prize of upto 2 lakhs across categories…
  • 20th January 2021
    20 January 2021, Cellit.in
    Malls and Organised Retail stores across India are looking for breakthrough solutionsto resolve the health and safety concerns related to pandemic after they were allowed to reopen after stringent safetyguidelines. To help the malls and entire retail sector to safely reopen, Prama Hikvision has developedan impressive line-up of solutions for the retail sector. These innovative solutions includethe Temperature Screening Solution, a Crowd-Flow Management Solution and Social Distancing Solution. These Back-to-business solutions are helping the malls and retail outlets to ensure compliance of public safety guidelines…
  • RAI seeks retail policy rollout, MSME status for retailers
    20 January 2021, Fibre2fashion.com
    The Retailers Association of India (RAI) recently urged the government to formulate and implement a national retail policy and let retailers register under micro, small and medium enterprises (MSMEs) to receive benefits, saying the industry needs support after almost being squashed because of crisis induced by the novel coronavirus pandemic.The $854-billion Indian retail sector was one of the worst impacted due to the pandemic. Its ripple effects were felt by all stakeholders down the consumption value chain…
  • TI&TI Next to host 50% off Republic Day sale from Jan 23
    20 January 2021, Dailypioneer.com
    Indore’s favourite shopping destinations, Treasure Island and TI NEXT will host four days of FLAT 50% OFF as a part of their ‘Republic Day Sale’ from January 23 and shall conclude on January 26 with over 200 prominent brands. The most sought-after brands like Marks & Spencer, Max, Project Eve, The Body Shop, Raymond, Arrow, Park Avenue, Skechers, Central, H&M, Trends, Biba, Regal Shoes, INC 5 and more will all be a part of this sale…
  • Retail business requires support
    19 January 2021, React.etvbharat.com
    The retail business sector was drastically affected by the pandemic. Nearly 7 lakh retail shops were closed down due to the liquidity crunch during the lockdown period. The Retailers Association of India (RAI) is demanding that the Center should extend budgetary support if the retail sector is to overcome its problems. Hyderabad: Due to the Covid-19 pandemic, several sectors sank like the chariot wheel of Karna, in the battle of Mahabharata. Retail business sector was one of them…
  • Ambience mall probe: Punjab and Haryana HC asks state to help CBI in tracking papers
    19 January 2021, Timesofindia.indiatimes.com
    CHANDIGARH: The Punjab and Haryana high court on Monday asked the Haryana government to provide all assistance to the CBI in tracing some witnesses and documents pertaining to the investigation into the “illegal” conversion of a portion of nearly 19 acres meant forAmbience Lagoon Island residential complex in Gurugram into a commercial complex.CBI was facing some difficulties in tracing the documents related to the case as the matter is around 28 years old…
  • ‘Budget 2021 may relook at taxation schedule of luxury industry’
    18 January 2021, Timesofindia.indiatimes.com
    The past year has tested the country on many fronts and that is the reason why the upcoming Union Budget perhaps holds greater significance this year. The Indian economy like most of the other major economies has been in recession due to Coronavirus, and the fiscal deficit has soared to Rs 10.76 lakh crore…
  • Haryana assures help in Ambience Mall case
    18 January 2021, Tribuneindia.com
    Chandigarh, January 18The state government on Monday assured the Punjab and Haryana High Court of providing necessary assistance to the Central Bureau of Investigation in its probe in the Ambience Mall case.The assurance came less than six months after Haryana Development and Regulation of Urban Area Second Amendment and Validation Act, 2020 came into being. Already, a petition is pending in the High Court alleging that the Act was enacted with the sole purpose of nullifying judgment in the mall case…
  • Select CITYWALK to support its tenants till March-end, expects full recovery in next 6-8 months
    17 January 2021, Outlookindia.com
    Delhi”s upscale mall Select CITYWALK will give rent discounts and waiver to its tenants till the end of the current fiscal and expects sales to reach the pre-COVID-19 levels in the next 6-8 months.Select CITYWALK Executive Director and CEO Yogeshwar Sharma told PTI that beauty, consumer electronics and athleisure are the top categories where sales have almost recovered, while laggards are cinema, food & beverage, fitness, and entertainment.”Recovery is steady. By December 2020, we reached 62 per cent in terms of footfalls in the mall and the sales recovery is around 70 per cent…
  • Restaurant sales in Chandigarh suffer due to avian flu
    15 January 2021, Hindustantimes.com
    In the wake of avian flu outbreak, not just poultry shops but restaurants in the city, too, are reporting a drop in sales In the wake of avian flu outbreak, not just poultry shops but restaurants in the city, too, are reporting a drop in sales. Saying that the losses hadn’t been quantified properly, but the losses of 30% to 40% were likely, chairman of the Chandigarh Restaurants and Hotels Association, Manmohan Kohli, said, “People who are coming out to eat are not ordering chicken dishes. for your reference…
  • S&N by Shantanu and Nikhil launched at The Pacific Mall
    15 January 2021, Textilevaluechain.in
    New Delhi | S&N by Shantanu and Nikhil, the contemporary occasion wear Indian brand by designer duo Shantanu and Nikhil opened their third flagship store at The Pacific mall, Tagore Garden, Delhi.The luxurious retail brand has always been popularly known for taking pride in being an ‘Anti-trend’ and ‘India-Proud’ brand.The store launch reflects the ideologies of brand expansion. S&N is a brand with a young vision for the Global Indians. The collection available at store is primarily menswear & women’s wear, the brand’s offerings include shirts, signature Drape-kurtas, Bandhgalas, Waistcoats, jackets, Sherwanis and a range of accessories…
  • DLF Malls: Resurgence in retail activity has been remarkable
    14 January 2021, Timesnownews.com
    DLF Malls, in an interview to ET NOW, sounded quite optimistic on Retail sector, with footfalls back and International luxury brands leading the comebackDLF Malls sounded quite optimistic on the retail sector, with increasing footfalls and international luxury brands leading the comeback. DLF reiterated that the retail activity after the lifting of the lockdown has been resurgent.It also said that surprisingly sales in international luxury brands are leading the comeback in a strong manner…
  • Select CityWalk installs ”Chakr Shield”devices to cut emissions from its DG sets
    14 January 2021, Outlookindia.com
    New Delhi, Jan 14 (PTI) Delhi”s upscale mall Select CityWalk on Thursday said it has installed ”Chakr Shield”, a retrofit emission control device for its diesel generator (DG) sets, which will reduce pollution from the DG sets by up to 80 per cent.”Carbon emissions and clean air are a growing concern, and we all have to play our part in this effort. The DG set ban in Delhi NCR during winters has often proved to be a major bottleneck for us, especially in case of a power cut, hampering a seamless shopping experience…
  • Checking intensified in hotels, malls ahead of R-Day
    14 January 2021, Bhaskarlive.in
    New Delhi, Jan 13 | Delhi police has beefed up security measures ahead of the Republic Day. Safety drills are also being carried out at major strategic point in the national Capital in the supervision of senior police officers along with regular safety checks at areas of heavy footfall and other prominent places here. Anti-terrorist measures are also being taken by the Delhi Police as anti-sabotage checks were conducted at Ambience Mall and DLF Mall in Vasant Kunj by Bomb Detection Team and Dog Squad…
  • The Galleria Mall concludes its ‘Year-end’ celebration with a magical blast!
    13 January 2021, Businessnewsthisweek.com
    Bringing Christmas cheer to the end of the year, The Galleria Mall in Yelahanka, Bangalore, managed by Brookfield Properties, recently concluded its week-long extravaganza “Trinkets & Toys Fest” on Sunday, December 27 th. Organized with the highest standards of safety and sanitation, the Joyful &Toyful Christmas celebration saw a multitude of the city’s urban youth, kids, and families coming together to shop, dine, and engage in a series of entertaining events and activities…
  • Shopping Malls in India – the long haul back
    13 January 2021, Retail.economictimes.indiatimes.com
    After a very difficult 2020 and with the development of a successful vaccine to combat COVID-19 now seemingly assured, we can begin to take stock of the damage that COVID-19 has inflicted on the country’s shopping malls, with the hope to steadily improve the circumstances.It is still early to definitively pronounce the likely date of return to “normalcy” for shopping malls or what the new normal will look like…
  • Checking intensified in hotels, malls ahead of R-Day
    13 January 2021, Tfipost.com
    Delhi police has beefed up security measures ahead of the Republic Day. Safety drills are also being carried out at major strategic point in the national Capital in the supervision of senior police officers along with regular safety checks at areas of heavy footfall and other prominent places here. Anti-terrorist measures are also being taken by the Delhi Police as anti-sabotage checks were conducted at Ambience Mall and DLF Mall in Vasant Kunj by Bomb Detection Team and Dog Squad…
  • State-of-the-art shopping malls are redefining retail in Rajasthan
    12 January 2021, Indiaretailing.com
    Rajasthan is fast emerging as ‘the’ new retail destination of the new decade and much of the credit for this goes to a plethora of modern shopping malls which are coming up in the region.The state, which is popular for its traditional markets and historical forts, is attracting major real estate investors in its Tier II & III cities. Jaipur has the maximum number of shopping malls in Rajasthan…
  • Exciting offers at Phoenix Marketcity and Palladium to Kick-Start The Pongal Shopping!
    12 January 2021, Chennaivision.com
    Super Pongal Sale will be on at Phoenix MarketCity and Palladium from th to 17 th January 2021 providing a wholesome shopping experience for the patrons. This Pongal, patrons can get their shopping list ready and indulge in purchasing from their favorite brands. Prominent outlets like Shoppers Stop, Home Centre, Lifestyle and many more will have up to 70% off . In addition to great deals by brands the patrons can also get vouchers worth Rs.1000/- for purchase of Rs.5000/-.With authentic food and fine music, the Pongal Bazaar will be one-of-its-kind opportunity to enjoy shopping at its full glory!…
  • Basement of mall in Dwarka collapses, 1 dead
    12 January 2021, Timesofindia.indiatimes.com
    DELHI: A daily-wage worker was killed after a portion of an under-construction basement of a shopping mall in DwarkaSector 12 collapsed at 5.30pm on Sunday.A group of labourers, who were working with Shek Angar (34), said he was trapped under the debris. A team of firefighters, police and Delhi Disaster Management Authority swung into action and pulled Angar out after a struggle of more than an hour. He was sent to hospital where he was declared dead. His body was sent for autopsy…
  • Express Avenue Mall, Chennai’s award winning fashion and entertainment mall,
    10 January 2021, B4umedia.in
    Express Avenue’s Pongal Festival cheers up shoppersChennai, 10 January 2021: Express Avenue Mall, Chennai’s award winning fashion and entertainment mall, delighted its patrons for the harvest holiday with ‘Express Pongal Festival’- An event filled with music, fun acti vities, and an endless shopping spree. It is a three-day fest from 8 January to 10 January 2021. An exhibit of stalls was set-up where patrons could buy handmade products from small artisans and support them…
  • Budget 2021 expectations | Retail industry eyes govt measures to spur spending
    10 January 2021, Moneycontrol.com
    There is a case for the government to relook at the existing FDI policy for multi-brand retail trade and raise the cap of FDI from the current level of 51 percent under the approval route.V2 Retail: Bennett Coleman & Company sold another 4.5 lakh shares in company at Rs 97.5 per share on the BSE.The Indian retail industry is one of the worst affected sectors due to the COVID-19 pandemic. While some recovery in demand was witnessed during the festive season, sustenance of this demand remains critical for the overall revenue prospects of the industry…
  • Phoenix Mills share price gains 8% on sustained recovery in consumption at its malls
    09 January 2021, Moneycontrol.com
    Company is witnessing significant interest from customers for ready-to-move-in inventory at One Bangalore West and Kessaku.share price gained 8 percent intraday on January 8 after reporting its business updates for the quarter ended December 2020.The company saw sustained recovery in the consumption at its malls since reopening, said in the.The consumption across retail portfolio came in at Rs 13.7 billion in Q3 FY21, up 192% QoQ and at approximately 66% of Q3FY20, it added.Consumption in December 2020 was steady at approximately Rs 5 billion, at the same level as November 2020 and at 70% of December 2019…
  • Tuck into a kebab and biryani spread at the Bar- Be- Queue festival in Acropolis Mall
    09 January 2021, Indiablooms.com
    Acropolis Mall in south Kolkata is holding a Kebab and Biryani festival in association with RED FM and Foodzpah.Named Bar- Be- Queue, the festival is on till January 10, 2021.Some of the popular brands participating in the festival are 6 Ballygunge Place, Go Lebanese, Hazir, Sengupta’s, 3 idiots, Poush Parbon, The Biryani Chapter, and The Galley.There are both vegetarian and non-vegetarian options.The Festival was inaugurated by actor Sayantani Guhathakurta and General Manager, Acropolis Mall, K Vijayan…
  • Pacific Mall collaborates with KAW for animal welfare
    09 January 2021, Indiacsr.in
    Pacific Mall, Tagore Garden collaborates with Kannan Animal Welfare, a not-for-profit organisation aimed specifically at providing care, shelter and potential rehoming for stray animals. Pacific Mall, Tagore Garden in the recent collaboration at New year’s day with KAW donated blankets and jackets to 125+ dogs residing in their shelter. KAW initiated as a project of Kannan Foundation in 2015, was created to ensure that the quality health care that is available to human beings is equally available and expedient for animals as well.They also arrange feeding programs, provide feeder support, and sterilization to the healing animals…
  • Bengaluru may soon get back to normal lifestyle
    09 January 2021, Nyoooz.com
    The Karnataka government is working on implementing a recent order that allows shops, restaurants, malls, and other establishments that come under the Karnataka Shops and Commercial Establishment Act, 1961, to remain open 24X7 to help generate employment and revive its sagging economy. The Karnataka government is working on implementing a recent order that allows shops, restaurants, malls, and other establishments that come under the Karnataka Shops and Commercial Establishment Act, 1961, to remain open 24X7 to help generate employment and revive its sagging economy…
  • Multiplexes are still not performing very well, content pipeline is weak: Phoenix Mills
    09 January 2021, Cnbctv18.com
    In a bid to boost real estate activity hit by the pandemic, the Maharashtra government on Wednesday announced to slash real estate premiums by 50 percent till December 31. Experts say the move is a win-win for home buyers as well as developers.Shishir Shrivastava, MD of Phoenix Mills said spoke to CNBC-TV18 and said that they saw a sustained recovery in consumption at malls since reopening.“Trends indicate that we are on the path of the same growth, but I think we are still a while away before we get back on the same trajectory where we were in January 2020…
  • Mukesh Kumar, CEO, Infiniti Mall
    09 January 2021, Indiainfoline.com
    As a brand, we can incorporate quality hygiene and sanitation facilities in our malls and that has been our prime priority when the SOP for mall reopening was issued.In an interaction with Shweta PAprilwal, Editor, indiainfoline.com, Mukesh Kumar, CEO, Infiniti Mall said, “Malls have been of the most sought-after hangout spots for friends, families etc. Of course, things have changed given the pandemic and people are scared to now do things they would otherwise do without batting an eyelid”.Festive season is when people are on a high when it comes to shopping and malls are their go-to places…
  • Malls report 65-80% recovery in December
    08 January 2021, Livemint.com
    DLF Retail, InOrbit, Nexus Malls and Viviana Mall reported between 65-80% recovery in December business compared to a year ago period led by categories such as electronics, home and furnishings.NEW DELHI : India’s top malls, that struggled as covid cases surged, reported 65-80% recovery in December business led by year-end festivities, steep discounts, sale of winter wear up north, and some resumption in dine-in.DLF Retail, InOrbit, Nexus Malls and Viviana Mall reported between 65-80% recovery in December business compared to a year ago period led by categories such as electronics, home and furnishings; while in north strong winters and deep…
  • Infinique Mall is bringing brands closer to consumers with unique shopping experience
    08 January 2021, Thestatesman.com
    Established in August 2020, Infinique Mall has been in the making for the past 2 years, as far as its business model, technical expertise or curating the brands is concerned.It is different from the physical malls that you frequent every weekend because it gives you a more convenient online experience, whenever and wherever you want. (SNS)India is home to more than 30,000 Small and Medium Enterprises (SMEs) who are selling consumer products and services. These enterprises face numerous challenges when it comes to marketing themselves, especially in the online space, primarily owing to budgetary or skill constraints…
  • Infiniti Mall, Malad and Andheri announce a flat 50 pc sale
    08 January 2021, 99acres.com
    Don’t we all miss the in-person shopping experience? After all, there is no better joy than in taking your own time, skimming through brands, and getting to shop till you drop.Well, here is your chance. It is that time of the year when you can put on your shopping shoes, thanks to Infiniti Mall Malad’s flat 50 percent sale on Friday, 8th January 2021 and Infiniti Mall, Andheri on 10th January 2021…
  • Pacific Mall collaborates with KAW for animal welfare
    07 January 2021, Pninews.com
    Pacific Mall, Tagore Garden collaborates with Kannan Animal Welfare, a not-for-profit organisation aimed specifically at providing care, shelter and potential rehoming for stray animals. Pacific Mall, Tagore Garden in the recent collaboration at New year’s day with KAW donated blankets and jackets to 125+ dogs residing in their shelter. KAW initiated as a project of Kannan Foundation in 2015, was created to ensure that the quality health care that is available to human beings is equally available and expedient for animals as well.They also arrange feeding programs, provide feeder support, and sterilization to the healing animals…
  • Infiniti Mall, Malad and Andheri announce a flat 50% sale on 8th and 10th January
    07 January 2021, Mediabrief.com
    Don’t we all miss the in-person shopping experience? After all, there is no better joy than in taking your own time, skimming through brands, and getting to shop till you drop.Well, here is your chance. It is that time of the year when you can put on your shopping shoes, thanks to Infiniti Mall Malad’s flat 50% sale on Friday, 8th January 2021and Infiniti Mall, Andheri on 10th January 2021…
  • Fizzy Goblet surprise in Bangalore’s Orion Mall
    07 January 2021, Shoesandaccessories.in
    Online footwear favourite, Fizzy Goblet launches its third retail store in Bangalore’s Orion Brigade Gateway Mall after its first two in as many as two years in Mumbai and Delhi. Laksheeta Govil, the founder says, “We have done a lot of pop-up stores in Bangalore to a great response. I have personally always enjoyed my time here- everything from the city’s vibe to its weather is a dream. Opening our store here was a long-held plan and it’s exciting to finally be opening our doors…
  • Consumer behaviour, changing retail
    07 January 2021, Telanganatoday.com
    Both on and offline shopping need to provide a wider choice as well as ‘Trust’ and ‘Vast’ to the new generationWho will concede first? Will the fight between Reliance and Amazon end soon? No matter who gets what, this fight from the consumer point of view is one of ‘Vast’ and ‘Trust.’The Future Group has been in the Indian market since 2001…
  • RAI welcomes Karnataka decision to allow shops, malls, restaurants to stay open 24×7
    06 January 2021, Indiaretailing.com
    Retailers Association of India ( RAI ) has been working with the State Government of Karnataka for enabling Ease of Doing Business and has beenpursuing various departments to adopt the State Retail Trade Policy and allow retailers to operate 24X7, in line with the State Governments of Maharashtra & Tamil Nadu.Under the ‘Karnataka Shops and Commercial Establishment Act, 1961 (Karnataka Act 08 of 1962)’ the Government of Karnataka has permitted all shops, malls and restaurants in the state employing more than 10 persons, to remain open for 24X7 on all days of the year for a period of three years…
  • The race to take fashion retail online Indian economy expected to contract by 9.6% in FY21: World Bank
    05 January 2021, Livemint.com
    Post-covid, apparel retailers are scrambling to build e-experiences. It’s turning out to be a steep learning curve.In 2020, 22-year-old Bhavya Guglani spent a significant part of her monthly salary s hopping online, with a little help from eight shopping apps that she checks ever so often on her iPhone 11—for bargains on sneakers, bags and jackets.Guglani, who works with an event management company in Delhi, recently picked up a? 12,000 bag from retailer DaMilano’s website…
  • 2021 Offers Huge Growth Opportunity for India’s Ecommerce
    05 January 2021, Cxotoday.com
    The year 2020 saw a massive shift for India’s ecommerce industry, largely driven by the Covid-19 pandemic. The sector not only recovered after the nationwide lockdown, but also witnessed the most successful festive sales period ever.As per a report by India Brand Equity Foundation (IBEF), ‘The Indian E-commerce industry has been on an upward growth trajectory and is expected to surpass the US to become the second largest E-commerce market in the world by 2034…
  • SHOP AND WIN PRIZES WORTH ONE CRORE AT PHOENIX MARKETCITY’S END OF SEASON SALES!!!
    05 January 2021, B4umedia.in
    SHOP AND WIN PRIZES WORTH ONE CRORE AT PHOENIX MARKETCITY’S END OF SEASON SALES!!!31 December 2020, Chennai: As we gear up to greet the new year with a long weekend, Phoenix MarketCity and Palladium is all set to make 2021 our year with the most awaited End of Season Sale.Embrace the most awaited shopping season at Phoenix MarketCity and Palladium with exciting offers of Flat 50% on 200+ leading outlets. The mall is celebrating the New Year by giving its patrons a chance to win prizes worth 1 Crore…
  • RAI welcomes allowing shops, malls & restaurants to stay open 24X7 in Karnataka
    04 January 2021, Knnindia.co.in
    Retailers Association of India (RAI) has been working with the state government of Karnataka for enabling Ease of Doing Business and has been pursuing various departments to adopt the State Retail Trade Policy and allow retailers to operate 24X7, in line with the state Governments of Maharashtra & Tamil Nadu…
  • Budget 2021 expectations | Digital infrastructure push, import duty extension key to retail sector growth
    04 January 2021, Moneycontrol.com
    Giving more money in the hands of the consumer would be a key push to bring the momentum back.Indian retail sector is gradually coming out of the dark shadow cast by the pandemic and looking up to theUnion Budgetwith optimism. Month-on-month recovery is seen across categories. November 2020 saw consumer durables and electronics logging sales of 12 percent YoY, the food and grocery segment also demonstrated YoY sales growth at 5 per while apparel and clothing continued to struggle, showing 12 per cent YoY…
  • Tamil Nadu becomes first state to allow 100 per cent occupancy in theatres
    04 January 2021, Theweek.in
    The Tamil Nadu government on Monday allowed theatres in the state to open with 100 per cent capacity. The decision comes a few days after actor Vijay met Chief Minister Edapadi K. Palaniswami to request permission to allow 100 per cent seating capacities. Theatre owners had also requested the CM. Vijay’s Master is set to release in theatres on January 13 to coincide with Pongal…
  • Pedal Your Way To Inaugurate The Winter Magic At Inorbit Mall Malad
    04 January 2021, Textilevaluechain.in
    60 CYCLISTS FROM THE MALAD CYCLING CLUB PEDAL THEIR WAY TO INAUGURATE THE WINTER MAGIC AT INORBIT MALL MALAD~ Now rent a cycle and drive through the spectacular décor with illuminated lights, Christmas figurines and spectacular arches ~Mumbai, 21 December 2020 : As the Christmas fever grips the city, Inorbit mall Malad has kicked off the celebrations in style. Inorbit Malad has created quite a buzz in the vicinity with the spectacular inauguration of Winter Magic – A magical Christmas drive through…
  • Fire At Noida Shopping Mall, None Hurt
    03 January 2021, Republicworld.com
    A fire broke out in the warehouse of a shopping mall in the commercial hub of Sector 18 in Noida on Sunday, officials said.The fire was reported around 1 pm and has been doused, they said.”The fire broke out in the warehouse of DLF Mall of India which was soon doused by Fire Department. Nobody was injured in the incident,” an official from local Sector 20 police station said.The cause of the fire and the damage to property were yet to be ascertained, the official said…
  • BMC razes 200 illegal shops on Orchid City Centre mall premises
    03 January 2021, Indianexpress.com
    The Mumbai Fire Brigade investigation had found that as per the mall’s blueprint, there were only 344 permitted galas (shops). However, a total of 1,344 shops were functioning when the fire broke out.Two months after a major fire broke out at the Orchid City Centre mall at Mumbai Central, the civic body here demolished over 200 unauthorised shops on the premises. The fire, which broke out on October 22, was doused after a 56-hour operation, one of the longest in the city…
  • Consumers to spend on grocery, connectivity
    02 January 2021, Retail.economictimes.indiatimes.com

    The consumer would continue to spend on household products, grocery and the essentials as usual — this occupies about a third of his wallet (see graphic). In addition, education expenses would be a priority for households. Alongside, internet connectivity required to work remotely would see a higher portion of spends.Mumbai/New Delhi: Health, wellness and nutrition products & services will occupy a larger share of the consumer’s wallet in the new year. This is because cautiousness would continue to rule 2021, even as the Covid vaccine’s rollout plan raises hopes…

  • Indian retailers cautiously optimistic about 2021: RAI
    01 January 2021, Fibre2fashion.com
    Pandemic-hit Indian retailers are cautiously optimistic about 2021, according to a survey by the Retailers Association of India (RAI) that indicated a steady month-on-month recovery for retail businesses across India, with sales in November this year being 13 per cent short of the sales during the same month in 2019. Festive shopping triggered the recovery.”Retailers are moving towards 2021 with cautious optimism. However, the industry is hopeful of achieving nearly 85 per cent of pre-pandemic levels of business in the next six months,” RAI chief executive officer Kumar Rajagopalan said in a statement…

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ONLINE NEWS

  • Radhakishan Damani eyes fivefold growth in a market Mukesh Ambani wants to dominate
    18 Aug 2022,retail.economictimes.indiatimes.com
    Avenue Supermarts Ltd., which currently runs the fourth-largest number of convenience stores in India, could scale up the chain known for its knockdown prices on everything from lentils to laundry powder to 1,500 supermarkets from 284…
  • Shiprocket turns unicorn with $32 million funding
    18 Aug 2022,retail.economictimes.indiatimes.com
    This takes its valuation to around $1.3 billion, making it the latest entrant to the unicorn club this year. Startups valued at $1 billion or more are termed unicorns…
  • Swiggy appoints Rohit Kapoor as chief executive officer for its food marketplace business
    18 Aug 2022,retail.economictimes.indiatimes.com
    “Our food marketplace has continued to evolve over the last few years and has potential to grow further under focused leadership. Rohit’s work experiences bring a unique perspective to the role,” said Sriharsha Majety, CEO, Swiggy…
  • Expansion across same stores, same cities and new towns, key levers of offline growth, says Honasa Consumer CBO Zairus Master
    18 Aug 2022,retail.economictimes.indiatimes.com
    Talking about the company’s omnichannel strategy, Master said that there is a two by two matrix consisting of four boxes, which represent online marketplaces, offline multi-brand outlets, retailer’s D2C website, and exclusive brand retail stores. He added that the company aims to be present across all the channels and grow aggressively as market demand grows…
  • Reliance-backed Dunzo is shifting gears as quick commerce hype settles
    18 Aug 2022,retail.economictimes.indiatimes.com
    The quick delivery startup is pushing users to opt for 60-min deliveries and grouping orders to cut delivery costs…
  • Retail businesses continue to report healthy growth over pre-pandemic levels: RAI
    18 Aug 2022,retail.economictimes.indiatimes.com
    As per the latest business survey by Retailers Association of India (RAI), the East India region saw the highest year-on-year growth of 25 per cent last month, followed by the south at 21 per cent, north at 16 per cent and west at 10 per cent…
  • Gold jewellery demand likely to contract in second and third quarters of FY23: Report
    18 Aug 2022,retail.economictimes.indiatimes.com
    According to the report, the exceptional third quarter performance in FY22 was due to the post-Covid reopening of the economy and the substantially high demand in the wedding and festive seasons…
  • Singapore GIC’s big push to Paper Boat maker Hector
    18 Aug 2022,livemint.com
    Singapore’s sovereign fund is looking to invest $70 million in Hector Beverages, the maker of Paper Boat beverages and packaged foods…
  • Chai Point opens new store in Amritsar
    18 Aug 2022,retail.economictimes.indiatimes.com
    The new store launch is in line with the company’s retail expansion strategy of opening 100 stores in the next 12-18 months…
  • Walmart’s ad revenue grew 30% in June led by Flipkart and Walmart Connect
    18 Aug 2022,retail.economictimes.indiatimes.com
    The revenue of Walmart International, which includes Flipkart, rose 5.7% YoY in the June quarter to $24.4 billion…
  • Smartwatch shipments surge fourfold in Q2 of 2022
    18 Aug 2022,livemint.com
    Put together, the wearables market in India saw shipments more than double, growing at a rate of 112.8% YoY, to ship over 23.8 million units in the June quarter across the three segments of devices in the category…
  • Daikin India to invest Rs 500 crore to set up R&D centre in Rajasthan
    18 Aug 2022,retail.economictimes.indiatimes.com
    “The R&D centre will look at building products that not just suit Indian consumers but will also focus on creating technologies which are sustainable and environment friendly for the global consumers,” Daikin India Chairman & Managing Director K J Jawa said. The new R&D centre will start operations from 2023 onwards, the company said…
  • Top retailers saved Rs 1,500 cr in rent in Covid winter
    18 Aug 2022,economictimes.indiatimes.com
    Costly real estate in India makes it important for retailers to generate high price realisation per square foot of space to maintain profitability. Shutdowns and then restricted operations of malls and high streets during the pandemic had severely affected retailers, who then sought discounts on rent to lessen the impact of business loss…
  • S&N by Shantnu Nikhil’s comeback to retail will mean multiple stores across the country
    18 Aug 2022,vogue.in
    “There’s a reason Indian designers couldn’t compete in a global market before. Creativity needs to be structured and channeled mathematically.” Shantanu Mehra, 49, half of designer duo Shantnu Nikhil clarifies. Much can be talked about their maverick design risks, but today he is in the mood to discuss numbers…
  • HPCL plans to launch 20 retail stores pan-India in FY23
    18 Aug 2022,thehindubusinessline.com
    State-run Hindustan Petroleum Corporation (HPCL) on Wednesday said it has entered the Delhi retail market with the launch of ‘Happy Shop’. The oil marketing company (OMC) also plans to launch 20 such retail stores across India in FY23…
  • UniPin Announces Retail Distribution Launch, Reaches More Gamers Across India
    18 Aug 2022,mid-day.com
    UniPin has been known to facilitate gamers with an easier top-up experience, and now, UniPin will be available in 100,000 retail stores across India to give Indian gamers an even safer and easier gaming top-up experience…
  • India’s Vast Rural Areas Plug into Digital Economy
    18 Aug 2022,voanews.com
    NEW DELHI—In the past year, there has seen a dramatic transformation in the way customers pay for their purchases in Banuri, a village in the Himachal Pradesh state of North India. Whether at a small grocery store or a street cart, instead of handing over cash, they use a simple system that involves scanning a code on a smartphone to make an online payment…
  • Ingka Group to invest 900 million euros in India to open city centres at Gurugram and Noida
    17 Aug 2022,retail.economictimes.indiatimes.com
    According to a top company official, Ingka Group (which also includes IKEA Retail and Ingka Investments) on Tuesday started construction work of its first ‘Ingka Centre’ with an investment of 400 milion euros. While the Gurugram centre is slated to open in late 2025, it has yet to finalise a timeline for the opening of the Noida site as it is in the process of getting approvals…
  • Future Lifestyle Fashions Q4 net loss at Rs 1,879 crore, revenue down at Rs 607 crore
    17 Aug 2022,retail.economictimes.indiatimes.com
    The company said it incurred losses primarily due to “provision for diminution of investments, doubtful provision for receivables, the lower sales volumes, finance costs and depreciation”.The exceptional items for the quarter and year ended March 2022 include provision for diminution of investments aggregating to Rs 480.64 crore…
  • Diageo invests Rs 45 cr in craft & innovation hub in Goa
    17 Aug 2022,retail.economictimes.indiatimes.com
    Spread across 4 acres, the hub when fully operational, will produce 20,000 cases a month and provide employment to 250 local people, said a statement from Diageo India, which controls United Spirits Ltd…
  • Why should service charges be recovered from consumers as additional levy, HC asks
    17 Aug 2022,retail.economictimes.indiatimes.com
    The high court was hearing an appeal by the Centre against a single judge’s order staying its guidelines prohibiting hotels and restaurants from levying service charges automatically on food bills…
  • Beauty & personal care continue to drive India’s ecommerce growth: report
    17 Aug 2022,retail.economictimes.indiatimes.com
    The beauty and personal care category was followed by footwear, eyewear, fashion and accessories as people started stepping out more often, said the report…
  • H&M returns to Alibaba’s Tmall, 16 months after Xinjiang controversy
    17 Aug 2022,retail.economictimes.indiatimes.com
    The re-opening was first noticed by Chinese netizens and confirmed by a Reuters search of the platform on Tuesday…
  • WPI inflation eases to 13.93 percent in July
    17 Aug 2022,retail.economictimes.indiatimes.com
    The number comes a few days after the Reserve Bank of India (RBI) published the CPI inflation which cooled off significantly to 6.71 percent owing to easing food and oil prices…
  • 80% businesses plan to implement headless architecture in next 2 years: Salesforce report
    17 Aug 2022,retail.economictimes.indiatimes.com
    Speaking on how the adoption of headless architecture is supporting growth of the retail industry, Pargaonkar said that the post-pandemic era has changed the way e-commerce works. The new and evolving consumer habits have opened the door for retailers to innovate and provided them with an opportunity to adapt and capitalise on growth without replacing existing business models, he added…
  • Ted Baker expected to be acquired by US Group Authentic Brands for £211 million
    17 Aug 2022,livemint.com
    Ted Baker Plc, which is best known for its floral designs, will be sold to Authentic Brands Group Inc, the owner of Juicy Couture, in a cash deal of about £211 million ($254 million) which could secure the future of the struggling UK fashion chain, according to news agency Bloomberg…
  • Furniture decor startup Sunday Design raises $1.5 million from Havells India family office, others
    17 Aug 2022,retail.economictimes.indiatimes.com
    Furniture and home décor brand Sunday Design has raised $1.5 million in funding from a clutch of family offices, including those of Havells India (QRG Investment & Holdings), SRF Ltd (Kama Group) and coal logistics firm KCT Group, among others…
  • Mobile Industry, govt meeting on Wednesday on uniform device chargers
    17 Aug 2022,retail.economictimes.indiatimes.com
    The government is exploring the option of having a single charging port – USB Type-C, across all mobile devices including laptops, smartphones, feature phones, and IoT (internet of Things) devices, according to industry executives…
  • Bajaj Electricals elevates Anuj Poddar to the role of Managing Director, CEO
    17 Aug 2022,retail.economictimes.indiatimes.com
    Bajaj Electricals Chairman Shekhar Bajaj said over the last few years a significant transformation journey has been embarked at Bajaj Electricals – involving many changes on the business as well as the organisational front…
  • Bullish on retail, Lulu Group plans to develop more shopping malls in India
    17 Aug 2022,business-standard.com
    Shibu Philips, Director-Shopping Malls of Lulu Group India, said the Indian retail market is still “under-utilised” with the share of organised retail being still low…
  • Independence Day: Celebrate the heroes of Indian retail
    17 Aug 2022,timesofindia.indiatimes.com
    Kirana stores contribute over 90% of the $600bn+ grocery market in India, with the average Indian making nearly 142 trips to the neighbourhood store annually…
  • Independence Day offers boost retail sales over the weekend
    17 Aug 2022,economictimes.indiatimes.com
    The extended festive weekend saw like-to-like sales cross 2019 levels, a dozen retailers, restaurants and brands said…
  • Inflationary impact on FMCG price & margin to continue in Q2, to improve from second half
    16 Aug 2022,retail.economictimes.indiatimes.com
    In the April-June quarter, listed FMCG companies including – HUL, ITC, Godrej Consumer Product, Nestle, Dabur and Britannia delivered mixed results, reporting impact on their margins and mostly, a drop in volume in some categories…
  • Indian toy manufacturers scale up amid rise in demand; eyes global markets
    16 Aug 2022,retail.economictimes.indiatimes.com
    Now the ‘made-in-India’ toys have a very clear edge in the domestic markets and the manufacturers are scaling up their production capacity to meet the growing local as well as international demand. The import of toys into India has declined sharply from USD 304 million in 2018-19 to USD 36 million in 2021-22, said a data from the Ministry of Commerce & Industry…
  • Decathlon aims to locally produce 85% of its products by 2026
    16 Aug 2022,retail.economictimes.indiatimes.com
    Presently, 60 per cent of the retailer’s products sold in India stores are locally made. These include a varied range of products such as textiles, bikes, hockey sticks, tents, sleeping bags, boxing gloves, cricket bats and apparel…
  • Bata eyes asset-light franchise expansion
    16 Aug 2022,retail.economictimes.indiatimes.com
    The shoe major now has 1,200 owned stores compared to 320 franchise outlets mainly spread across semi-urban areas. The shoe multinational’s strategy of franchise-led expansion coincides with its plan for rural penetration…
  • ‘Metro Brands on way to open about 200 stores by fiscal 2024-25’
    16 Aug 2022,livemint.com
    Metro and Mochi are very penetrated in the metros, but new malls are coming up in these cities and we see good opportunity, says Alisha Malik, president for marketing, Metro…
  • Coffee Day Enterprises Q1 net loss narrows to Rs 18 crore; revenue from operations at Rs 210.5 cr
    16 Aug 2022,retail.economictimes.indiatimes.com
    Coffee Day Enterprises Ltd has reported narrowing of its consolidated net loss to Rs 18 crore for the quarter ended June 30, 2022. The company had posted a net loss of Rs 117.28 crore in the April-June period a year ago, Coffee Day Enterprises Ltd (CDEL) said in a BSE filing on Friday night…
  • Meesho targets onboarding 1.2 million sellers by fiscal end
    16 Aug 2022,financialexpress.com
    In FY21 – the latest available data – Meesho reported an operating revenue of Rs 793 crore, up over 150% from FY20’s Rs 307 crore, but at the same time its total expenses skyrocketed by 104% to Rs 1,337 crore, resulting in a loss of Rs 498 crore in the financial year…
  • Hot trade: How Indian earns billions from its spices
    16 Aug 2022,financialexpress.com
    Data recently released by the government shows how India’s spice trade has boomed in the recent years, with the country exporting a whopping Rs 29,529 crore worth of spices in 2020-21…
  • What Indian economy will achieve in the next five years
    16 Aug 2022,retail.economictimes.indiatimes.com
    Even as over 80% of respondents felt the country will have greater clout globally, they were less optimistic about the domestic situation, with the majority not seeing India’s social stability improving in the next five years…
  • Moonlighting is the future of work; why not normalise it: Swiggy HR head
    16 Aug 2022,retail.economictimes.indiatimes.com
    The Bengaluru-based food delivery start-up has around 5,000 employees and a fleet workforce of over 300,000. According to the company, the policy is available to all full-time employees of Swiggy’s parent company Bundl Technologies, subsidiaries, affiliates, associates, and group companies…
  • Noise plans to make 10 lakh smartwatches a month; to raise local production to 80 pc of sales
    16 Aug 2022,retail.economictimes.indiatimes.com
    Noise had recorded a revenue of around Rs 850 crore and plans to more than doubles its revenue to Rs 2,000 crore in the current financial year…
  • Bullish on retail sector, Lulu Group plans to develop more shopping malls in India
    16 Aug 2022,retail.economictimes.indiatimes.com
    In the first phase of shopping mall business in India, Philips said the Lulu group invested about Rs 7,000 crore to develop five shopping malls, of which Bengaluru property is not owned by it. Last month, the group launched a large shopping mall, comprising 2.2 million square feet of built-up area and one million square feet of leasable area, in Lucknow, Uttar Pradesh…
  • Looking at FY23 with cautious optimism, demand to recover as mobility picks up, says ABFRL Chairman Kumar Mangalam Birla
    16 Aug 2022,retail.economictimes.indiatimes.com
    For the long-term, India remains on a strong value creation path considering the underlying growth drivers like favourable demographics, increasing per capita and disposable income, and growing consumption…
  • Mensa Brands bets on ethnic clusters for growth; expects $250 million revenue through ethnic wear in next 4-5 years
    16 Aug 2022,retail.economictimes.indiatimes.com
    To build a tech-driven ethnic cluster in India- led by women, the company has acquired brands such as Karagiri, Priyaasi, Ishin and Anubhutee that currently is about a $45 million digital cluster. The company expects its revenue to reach about $80 million this fiscal…
  • E-commerce growth, challenges, and rural inclusion
    16 Aug 2022,financialexpress.com
    More than 4,000 active e-commerce start-ups in India are also pushing the advantages of digital commerce and driving growth at a rapid speed…
  • Easing of inflation in July may not be a cause for celebration, says Nomura
    16 Aug 2022,retail.economictimes.indiatimes.com
    “Headline inflation moderates due to volatile components, but underlying inflation remains sticky at about 6%, calling for further policy tightening,” Nomura said…
  • Grasim posts strong Q1 but textiles, caustic soda prices cloud outlook
    16 Aug 2022,livemint.com
    NEW DELHI : Grasim Industries Ltd, the Aditya Birla flagship company reported a better-than-expected performance for the June quarter, with its chlor-alkali and textiles businesses reporting the highest-ever quarterly earnings before interest, taxes, depreciation and amortization (Ebitda) figure…
  • Bestseller India to scale ethnic wear portfolio
    16 Aug 2022,livemint.com
    NEW DELHI : The local arm of Danish fashion retailer Bestseller is set to grow its India portfolio following the acquisition of homegrown ethnic wear brand Indifusion in November 2021…
  • Phoenix Mills on recovery track, expansion plans in focus
    16 Aug 2022,livemint.com
    The management of Phoenix Mills has said that it plans to venture into warehousing and residential segments. For that, it would incur a capital expenditure of ₹350 to ₹450 crore…
  • Non-alcoholic beverage makers on a high as demand grows
    16 Aug 2022,financialexpress.com
    Non-alcoholic beers and cocktail mixers, which gained popularity during the days of Covid lockdown, have managed to carve out a niche space for themselves and are here to stay, show market trends…
  • Elan Group buys 7.65 acre land in Gurugram from Ambience group for over Rs 200 crore
    13 Aug 2022,retail.economictimes.indiatimes.com
    The company will develop about one million square feet area on this land parcel — located at Sector 82 in Gurugram — comprising office, retail, service apartments and a hotel…
  • Future Consumer Q1 net loss widens to Rs 95.14 cr, revenue down 65%
    13 Aug 2022,retail.economictimes.indiatimes.com
    The Group has debt servicing obligations aggregating to Rs 341.07 crore within the next 12 months, which comprises a Current Maturities of Long-Term debt amounting to Rs 128.21 crore and Rs 212.86 crore short-term borrowings…
  • Dabur India chairman Amit Burman resigns
    13 Aug 2022,retail.economictimes.indiatimes.com
    FMCG major Dabur on Friday announced that the board has accepted the resignation of Amit Burman as the Chairman with effect from August 10, 2022. Burman will continue to serve as the non-executive director of the company…
  • Zomato Hyperpure acquires Blinkit’s warehousing, ancillary services business
    13 Aug 2022,retail.economictimes.indiatimes.com
    Zomato acquired Blinkit’s ancillary service for about $8 million in cash…
  • Johnson & Johnson to end global sales of talc-based baby powder
    13 Aug 2022,retail.economictimes.indiatimes.com
    The company faces about 38,000 lawsuits from consumers and their survivors claiming its talc products caused cancer due to contamination with asbestos, a known carcinogen…
  • Retail inflation eases to 6.71% in July as against 7.01% in June
    13 Aug 2022,retail.economictimes.indiatimes.com
    India’s retail inflation based on consumer price index (CPI) eased to 6.71% in July, data released by the government showed on Friday…
  • Meesho adds 8 new vernacular languages to tap 377 million potential user base
    13 Aug 2022,retail.economictimes.indiatimes.com
    Last year, Meesho introduced Hindi as a language option on the platform, which has seen a high adoption rate of 20% to date…
  • Wake up and smell the coffee valuation: Why startups need to buckle up, hunker down
    13 Aug 2022,retail.economictimes.indiatimes.com
    Startup valuations before raising new capital from investors have fallen from the previous three months, and there is a rising trend of companies taking a down round, valuing them lower than in previous ones…
  • Covid-19: Delhi markets to enforce mask mandate amid rapid surge in Covid-19 cases
    13 Aug 2022,livemint.com
    This development comes following the Delhi government reiterating that wearing masks in public places is mandatory and a fine of ₹500 will be imposed on violators…
  • Grasim Q1 Results: Profit jumps 68% YoY to Rs 809 crore; revenue surges 93%
    13 Aug 2022,retail.economictimes.indiatimes.com
    Segment-wise, Grasim’s viscose (fibre and yarn) business generated a revenue of Rs 4,299.88 crore in Q1 as against Rs 2,102.76 crore in the corresponding quarter of the last financial year…
  • Apparel retailers to see 21-23% revenue growth this fiscal despite inflation impacting demand
    13 Aug 2022,retail.economictimes.indiatimes.com
    Operating margin will improve 175-200 bps on-year to 7.75-8%, supported by increase in scale leading to better fixed-cost absorption, price hikes, and greater share of private labels…
  • Bata India eyeing bigger footprint in global markets
    13 Aug 2022,thehindubusinessline.com
    Bata India is looking to put in place a strategy for ramping up exports both for the domestic unit as well as part of the company’s global supply chain leveraging upon the core competencies of India…
  • 31 new malls coming soon in India: Set to spawn massive jobs, employment opportunities
    13 Aug 2022,zeebiz.com
    Retail markets witnessed a hold due to Covid-19 in the last two years. However, the sector is now bouncing back with strong numbers and great ROIs. The recent report by Anarock suggests that the retail industry is set to experience boom by the end of 2023 with the opening of approximately 31 malls, offering ample space for retail stores, inviting a massive footfall and generating jobs…
  • Tim Hortons makes its India debut, to rival Starbucks and Costa Coffee in these malls
    13 Aug 2022,dnaindia.com
    Tim Hortons, a popular Canadian coffee joint, has officially entered the Indian market as it has its first two stores in India on the day of Raksha Bandhan…
  • 75th Independence Day: Retailers look to end season sales on a high
    13 Aug 2022,business-standard.com
    As India celebrates 75 years of its independence, retailers are looking to cash in on the theme by rolling out a slew of offers – from hefty discounts to gift vouchers to cashbacks – to boost their sales…
  • Aditya Birla Fashion to now own and operate Reebok stores in select markets
    13 Aug 2022,economictimes.indiatimes.com
    Last year, ABFRL signed a long-term licensing pact with Authentic Brands Group (ABG) – the owner of Reebok – for exclusive rights to distribute and sell the sports brand’s products through wholesale, e-commerce and Reebok-branded retail stores. The company said Reebok India’s operations will be transferred to it from October 1…
  • Nykaa’s beauty private label CEO Reena Chhabra resigns
    12 Aug 2022,retail.economictimes.indiatimes.com
    Reena Chhabra joined Nykaa in 2016 and was instrumental in taking its private label to more households by introducing new product lines and increasing distribution…
  • Bata India profit rises 72% to Rs 119.37 crore; net sales up at Rs 943 crore in April-June
    12 Aug 2022,retail.economictimes.indiatimes.com
    “A direct outcome of the continued focus on key thrust areas of franchise & MBO expansion, consumer relevant communication, portfolio casualisation and digital footprint expansion was reflected in the quarterly sales reaching a lifetime high,” Bata India said its earnings statement…
  • Trent back in black with Q1 profit at Rs 115 crore; revenue jumps over three-fold to Rs 1,803 crore
    12 Aug 2022,retail.economictimes.indiatimes.com
    Its revenue from operations during the quarter under review stood at Rs 1,803.15 crore, up over three-fold from the pandemic-hit corresponding quarter a year ago…
  • Page Industries Q1 net profit rises multi-fold to Rs 207 cr; revenue at Rs 1,341 cr
    12 Aug 2022,retail.economictimes.indiatimes.com
    PIL’s Managing Director V S Ganesh said, “Riding on the back of strong sales performance and robust financial planning, despite external challenges, we have successfully delivered yet another milestone performance this quarter…
  • Spencer’s Retail Q1 net loss widens to Rs 33.63 crore
    12 Aug 2022,retail.economictimes.indiatimes.com
    Its revenue from operations increased 12.5 per cent to Rs 621 crore during the quarter under review against Rs 552 crore in the year-ago period…
  • Own labels turn hot sellers for apparel, grocery retailers
    12 Aug 2022,retail.economictimes.indiatimes.com
    Most retailers, especially in the food and grocery segment, introduce their own cut-price versions or private labels of mass-produced products to earn higher margins but also offer consumers lower priced options…
  • India’s June WPI inflation comes in at 15.18%
    12 Aug 2022,retail.economictimes.indiatimes.com
    The high rate of inflation in June, 2022 is primarily due to rise in prices of mineral oils, food articles, crude petroleum & natural gas, basic metals, chemicals & chemical products, food products etc…
  • Tata Consumer Products to foray into southern markets with their spices portfolio
    12 Aug 2022,thehindubusinessline.com
    Tata Consumer Products Ltd (TCPL), which is betting big on the huge growth opportunity in the spices industry, is looking to foray into the southern markets with its customised offerings to suit the taste of the local palate…
  • TagZ Foods to enter hemp based cookies, expand product portfolio and manufacturing
    12 Aug 2022,retail.economictimes.indiatimes.com
    “Hemp-based foods are on the rise globally for their health benefits, and are considered a super food too. It is heartening to see new age companies creating products that are not only better-for-you but also equally tasty…
  • IMFL maker Radico Khaitan’s net falls marginally in Q1
    12 Aug 2022,retail.economictimes.indiatimes.com
    The Indian Made Foreign Liquor (IMFL) maker has reported an operational income of Rs 3,188 crore and a net profit of Rs 58.28 crore for the period ended June 30…
  • Rising mortgage rates pose near-term challenges to housing demand momentum: DLF Chairman Rajiv Singh
    12 Aug 2022,financialexpress.com
    In his address to the company’s shareholders at the 57th AGM held on Wednesday, Singh said: “The residential segment exhibited a strong structural recovery over the last two years, well supported by tailwinds of the fundamental demand drivers”…
  • Levi’s Opens Next-Gen Store at South City Mall
    12 Aug 2022,indianretailer.com
    Designed to offer consumers an authentic, compelling and immersive expression of Levi’s brand, Next-Gen stores bring the best of the brand to consumers with a lighter, modern, and more open take…
  • Retail leasing may surpass the pre-pandemic levels soon: Aman Trehan
    12 Aug 2022,financialexpress.com
    In an exclusive interview, Aman Trehan of Trehan Iris talks about the performance of retail segment in the post-Covid world and shares his business outlook…
  • Decathlon looks to further widen domestic sourcing of components
    12 Aug 2022,livemint.com
    French sports goods retailer Decathlon S.A. has decided to source 85% of its products sold across 103 stores in India from domestic suppliers by 2026, up from 60%, Deepak D’Souza, production director, Decathlon Sports India, sai…
  • Go Fashion pushes for expansion, plans to open 120-130 stores every year
    12 Aug 2022,deccanherald.com
    PTI, Chennai, AUG 11 2022, 13:56 ISTUPDATED: AUG 11 2022, 14:15 IST Representative image. Credit: iStock Photo Go Fashion (India) Ltd, which owns women’s wear brand Go Colors, was pushing ahead with its plan to strengthen foot print across geograph…
  • How Technology is Amplifying Footwear Biz Beyond Tier II
    12 Aug 2022,indianretailer.com
    The Indian retail sector is substantially growing in the footwear segment as technology-driven outreach programs are helping brands increase their presence in smaller towns and areas that had remained unexplored until some time ago…
  • Prestige Estates’ profit jumps to Rs 205 crore in Q1 FY23
    11 Aug 2022,realty.economictimes.indiatimes.com
    The company’s total income rose 42 per cent to Rs 2,011.8 crore in the April-June quarter from Rs 1,418 crore in the corresponding period of the previous year, according to a regulatory filing…
  • Omaxe posts nearly Rs 50 crore net loss in Apr-June 2022
    11 Aug 2022,retail.economictimes.indiatimes.com
    In an analyst call, Goyal said Zomato was already positive on cash flow with its adjusted EBITDA losses at Rs 150 crore and other income was Rs 170 crore in the first quarter of the ongoing fiscal.”So, in some ways, we are not losing cash in that business anymore…we got to adjusted EBITDA breakeven in the food delivery business,” he added…
  • Zomato targets breakeven by Q2 FY24, lowers investment guidance to $320 million
    11 Aug 2022,retail.economictimes.indiatimes.com
    In an analyst call, Goyal said Zomato was already positive on cash flow with its adjusted EBITDA losses at Rs 150 crore and other income was Rs 170 crore in the first quarter of the ongoing fiscal.”So, in some ways, we are not losing cash in that business anymore…we got to adjusted EBITDA breakeven in the food delivery business,” he added…
  • Tata Consumer Q1 profit rises 38% YoY to Rs 255 crore; revenue up 11%
    11 Aug 2022,retail.economictimes.indiatimes.com
    “We delivered double-digit revenue growth and improved profitability for the company despite a challenging macro environment and inflation impact in some of our categories,” said Sunil D’Souza, Managing Director & CEO of Tata Consumer Products…
  • Go Fashion posts a net profit of Rs 24.43 crore in Q1 FY 2022-23
    11 Aug 2022,retail.economictimes.indiatimes.com
    Total revenue from operations stood at Rs 165.19 crore for Q1 FY23 as compared to Rs 30.99 crore in the same quarter last year, as per the regulatory filing…
  • Liberty Shoes posts a net profit of Rs 5.47 crore in Q1 FY 2022-23
    11 Aug 2022,retail.economictimes.indiatimes.com
    Total revenue from operations stood at Rs 165.19 crore for Q1 FY23 as compared to Rs 30.99 crore in the same quarter last year, as per the regulatory filing…
  • Ecom Express launches one of the largest outsourced grocery fulfilment centers in Karnataka
    11 Aug 2022,retail.economictimes.indiatimes.com
    Ecom Express Limited, technology-driven end-to-end logistics solutions provider to the e-commerce industry has setup its largest fulfilment center in Karnataka, which is also one of the largest outsourced single-brand e-grocery fulfilment centers in India…
  • Khadim India Ltd records 190% growth in Retail Sales in Q1 FY23
    11 Aug 2022,business-standard.com
    Khadim India Ltd., the second largest retail footwear brand, today announced a positive quarterly performance for the quarter ended 30th June 2022…
  • Apparel retailers’ revenues to soar past pre-pandemic levels this fiscal: Crisil
    11 Aug 2022,livemint.com
    Strong same-store sales, new store launches and higher contribution from online channels will sew 21-23% revenue growth for apparel retailers this fiscal, Crisil said…
  • Cargill fiscal 2022 revenue jumps 23% to record $165 billion
    11 Aug 2022,retail.economictimes.indiatimes.com
    The strong result was the latest for a global agricultural commodities trader after rivals Archer-Daniels-Midland Co and Bunge Ltd reported solid earnings last month amid high farm products prices and robust global demand. Both rival companies also projected strong earnings through the remainder of 2022…
  • Walmart Foundation and ICRISAT announces the launch Secondary Processing Unit in Andhra Pradesh
    11 Aug 2022,retail.economictimes.indiatimes.com
    Rajneesh Kumar, Chief Corporate Affairs Officer at Flipkart, said, “Beyond Walmart Foundation’s philanthropic programs in India, Flipkart’s association with FPOs will deepen our commitment to creating shared value across our supply chain and communities…
  • Trehan Iris to launch malls in Bengaluru, Gurugram, other cities
    11 Aug 2022,moneycontrol.com
    NCR-based developer Trehan Iris is looking to build a chain of malls by the name of Iris Broadway across India. The company already has one mall -Iris Broadway – up and running in Gurugram Sector 85 and the second one is coming up in Greater Noida West (Noida Extension)…
  • Microsoft joins ONDC network to launch a shopping app in India
    11 Aug 2022,inventiva.co.in
    Microsoft has joined the Open Network for Digital Commerce (ONDC), an Indian government project to create a first-of-its-kind open network for digital commerce…
  • India’s retail price pressures likely eased in July
    11 Aug 2022,thestar.com.my
    NEW DELHI: India’s retail inflation likely eased in July due to a fall in food and fuel prices yet stayed well above the Reserve Bank of India’s (RBI) upper tolerance limit for a seventh consecutive month, according to a Reuters poll…
  • Canada’s coffee brand Tim Hortons to enter India
    11 Aug 2022,thehindubusinessline.com
    Canada’s coffee and baked goods brand Tim Hortons is set to open its first two stores in India on Thursday. Speaking to BusinessLine, Navin…
  • How Bullspree Is Educating The Next Generation Of Indian Retail Investors
    11 Aug 2022,inc42.com
    According to India’s Economic Survey for 2021-22, retail investors held a 44.7% share of the equity cash segment turnover on the National Stock Exchange (NSE) between April and October 2021…
  • Top companies to unleash an advertising blitz this festival season
    11 Aug 2022,economictimes.indiatimes.com
    Top companies in the automobiles, consumer electronics, FMCG and retail sectors could increase marketing and advertising spend during the upcoming festive season by 10-20% from the previous year to tap the anticipated recovery in demand, according to executives…
  • Forever New goes for strong omnichannel presence in India
    11 Aug 2022,apparelresources.com
    This emerging phenomenon of digitisation, wherein the customer wants to shop at the click of a button, requires real-time check of available inventory. By bolstering its omnichannel, Forever New has been able to achieve the same which has made the process of order fulfillment easier all across the country…
  • Reliance Retail, TRENDS, Announced The Launch Of Its New Store In Chandbali Town In Bhadrak District Of Odisha
    11 Aug 2022,orissadiary.com
    Bhubaneswar: India’s largest and fastest growing apparel and accessories specialty chain of Reliance Retail, TRENDS, announced the launch of its new Store in Chandbali town in Bhadrak district of Odisha…
  • Amazon India announces diversity grant for entrepreneurs in logistics biz
    10 Aug 2022,retail.economictimes.indiatimes.com
    Under the DSP programme, Amazon assists entrepreneurs in starting delivery business by providing them with access to Amazon’s delivery technology, hands-on training and exclusively negotiated deals on services such as payroll management, insurance and recruitment technology, among others…
  • Delhivery’s net loss more than doubles to Rs 399 crore in Q1 over rising freight costs
    10 Aug 2022,retail.economictimes.indiatimes.com
    Revenue from operations rose 30% to Rs 1,745 crore from the same quarter last year, but was down 16% from Rs 2,071 crore in the previous quarter…
  • Taco Bell set to invest $100 million in pan-India expansion with 600 outlets
    10 Aug 2022,livemint.com
    Taco Bell’s master franchise partner, Burman Hospitality, will invest over $100 million to fast-track its pan-India expansion plans. The quick-service restaurant (QSR) chain, with a presence across 19 cities, is set to open its 100th outlet later this month and plans to increase the number to 600 in the medium term…
  • Dufry’s turnover more than doubles as sales inch towards 2019 levels
    10 Aug 2022,retail.economictimes.indiatimes.com
    The company, which operates more than 2,300 shops at airports, on cruise liners, in seaports, and other tourist locations worldwide, has been benefiting from a strong rebound in travel trends, particularly in Europe and the United States, after restrictions imposed to tackle the pandemic were lifted…
  • Nomura cuts India’s 2022 retail inflation forecast to 6.7%
    10 Aug 2022,retail.economictimes.indiatimes.com
    Nomura analysts, however, expect inflation to average 6.0% in 2023 as compared to 5.9% in their previous forecast…
  • Gucci becomes first major brand to accept crypto coin as payment
    10 Aug 2022,retail.economictimes.indiatimes.com
    High-end Italian fashion giant Gucci has become the first major brand to start accepting payments in the form of the Bored Ape Yacht Club-affiliated ApeCoin (APE)…
  • Vishal Fabrics Q1 net profit rises to Rs 19 crore
    10 Aug 2022,retail.economictimes.indiatimes.com
    Its revenue from operations was up 49.90 per cent at Rs 442.10 crore during the quarter in comparison to a lower base of the pandemic-impacted corresponding quarter…
  • Bigspoon raises Rs 100 cr from IAN, NB Ventures, others
    10 Aug 2022,retail.economictimes.indiatimes.com
    With 80 kitchens spread throughout 16 states and over 35 cities, Bigspoon caters to over 1,50,000 diners every month…
  • How digitization of payments can help the unorganized retail flourish
    10 Aug 2022,timesofindia.indiatimes.com
    The retail scenario in India is highly dominated by the family-run “nukkad kiranas” that have a monopoly in their areas of operation. Almost 90% of the retail sector in the country is unorganized…
  • Triumph International India launches 1st exclusive retail store in Pune
    10 Aug 2022,business-standard.com
    Triumph International India, one of the world’s leading intimate apparel brands, inaugurated its first exclusive standalone retail store in Pune at Phoenix Marketcity, Viman Nagar…
  • Pure Home + Living Expands Retail Presence, Opens 25th Store in Bengaluru
    10 Aug 2022,indianretailer.com
    The flagship store will also be the third store in India that will have a well-displayed furniture line by Pure Home + Living…
  • Why Delivering Experiences with Retail Real Estate is the Future of Shopping Centers
    10 Aug 2022,indianretailer.com
    Starting the year on a positive note, according to real estate investment firm CBRE, leasing across India’s high streets and malls is expected to surpass pre-Covid levels this year, with the country seeing a 25 percent increase in new store openings in 2022 compared to the previous year…
  • Luxury retail companies on a hiring spree to help drive expansion: Report
    10 Aug 2022,economictimes.indiatimes.com
    Luxury retail companies are looking for talent across levels to drive country expansion, omnichannel strategy and marketing, according to placement and search firms Korn Ferry and Stanton Chase…
  • Reliance invests Rs 30,000 crore in retail in FY22; to accelerate store expansion, e-commerce
    9 Aug 2022,retail.economictimes.indiatimes.com
    Reliance Industries invested Rs 30,000 crore in its retail business and added 2,500 stores, taking the total storecount to 15,196 in FY22…
  • Despite inflationary pressure, diamond jewellery retailers expect healthy demand this festive season
    9 Aug 2022,retail.economictimes.indiatimes.com
    “We expect a healthy growth in the upcoming festive season, as there is pent-up demand in the market,” said Ahammed MP, chairman, Malabar Gold & Diamonds…
  • Healthy food options, better-for-you snacks seeing strong traction as festive gifts, say retailers
    9 Aug 2022,retail.economictimes.indiatimes.com
    Prashant Parameswaran, MD & CEO, Tata Consumer Soulfull said that the last two festive seasons were marred by COVID waves and lockdowns. However, this time the retailer expects to see a strong rebound in consumer sentiment with the full opening of markets, he added…
  • Delhivery Q1 results: Net loss widens to Rs 399 cr; total income rises 32%
    9 Aug 2022,business-standard.com
    Logistics firm Delhivery on Monday reported widening of its net loss to Rs 399 crore for the quarter ending June 30, 2022. It reported net loss of Rs 130 crore in the year-ago period…
  • White collar hiring stabilises with almost all sectors showing an uptick in hiring: Monster Employment Index
    9 Aug 2022,retail.economictimes.indiatimes.com
    White collar hiring across almost all sectors are showing signs of stability with even sectors like telecom and retail registering a double digit uptick in hiring. Industries such as BFSI, chemicals/ plastic/rubber, paints, fertilizer/pesticides, and office equipment/automation are also hiring, with the telecom sector in particular on an upswing on account of growing digitisation and the much anticipated rollout of 5G services…
  • Titan expects growth run of Q1 to continue for rest of the year: MD
    9 Aug 2022,retail.economictimes.indiatimes.com
    “We are equally confident about the rest of the year and in fact the next few years going forward because of fundamental aspects of the Indian economy and the relentless surge that we will see towards becoming a more affluent nation. Also, the pooja season is coming into Q2 this year as opposed to being in October last year. So we expect the growth run of Q1 to continue”…
  • Homegrown apparel brand Snitch bets on growing men’s fast-fashion industry, eyes a revenue of Rs 90 crore in FY23
    9 Aug 2022,retail.economictimes.indiatimes.com
    Founded in 2019, Snitch started as a B2B portal manufacturing daily menswear for retailers. The brand recorded a revenue of Rs 17 crore in its first year of operations, shared Dungarwal. However, as COVID hit, the company restructured its business model and relaunched as a D2C brand with only 30 to 35 products on its website…
  • ReshaMandi expects over 5-fold growth in revenue to Rs 2,000 cr this fiscal
    9 Aug 2022,retail.economictimes.indiatimes.com
    In India, ReshMandi claims to have onboarded over 41,000 farmers, 5,500 reelers, over 7,000 weavers and 3,300 retailers and mutually connects them for business through its app…
  • Reckitt contributes Rs 7,880 cr to India’s GDP in 2021: Oxford Economics
    9 Aug 2022,business-standard.com
    India is among the top three markets for Reckitt, earlier known as Reckitt Benckiser, and owns popular household brands such as Dettol, Lysol, Harpic, Durex, Veet and Strepsils…
  • Singapore FMCG major Believe invests $8 million in ecommerce startup Ohsogo
    9 Aug 2022,retail.economictimes.indiatimes.com
    The ecommerce platform aims to disrupt the online beauty and skincare space in Bangladesh…
  • Dine-in is back; not seeing effects of inflation: Gaurav Burman, Director of Burman Hospitality
    9 Aug 2022,retail.economictimes.indiatimes.com
    “We are somewhat protected in India; we still have a very rapidly growing economy here unlike some other parts of the world,” Burman, scion of the Dabur group, said. “If I look at consumption in general, including Dabur, we are seeing our India businesses hold up very strongly, much more strongly compared to some of the international markets we have operated in”…
  • Whirlpool of India Q1 Results: Profit rises over 3-fold to Rs 84.6 crore; revenue jumps 55%
    9 Aug 2022,retail.economictimes.indiatimes.com
    Top-line growth this quarter was “on the back of significant price increases taken earlier”, it said in an earnings statement.The company’s Managing Director Vishal Bhola said, “It was a strong start to the year with robust revenue growth of 55 per cent and PAT growth of 230 per cent although on a low Covid-impacted quarter…
  • Tyson Foods beats revenue estimates as chicken prices soar
    9 Aug 2022,retail.economictimes.indiatimes.com
    Packaged food makers have so far faced little pushback from consumers on price increases forced by surging costs, but analysts and companies have raised concerns that demand may suffer…
  • Demand for grocery delivery cools as food costs rise
    9 Aug 2022,retail.economictimes.indiatimes.com
    Grocery delivery saw tremendous growth during the first year of the pandemic. In August 2019 – a typical pre-pandemic month – Americans spent $500 million on grocery delivery. By June 2020, it had ballooned to a $3.4 billion business, according to Brick Meets Click, a market research company…
  • Taco Bell set to invest $100 million in pan-India expansion with 600 outlets
    9 Aug 2022,livemint.com
    Taco Bell’s master franchise partner, Burman Hospitality, will invest over $100 million to fast-track its pan-India expansion plans. The quick-service restaurant (QSR) chain, with a presence across 19 cities, is set to open its 100th outlet later this month and plans to increase the number to 600 in the medium term…
  • Blue Dart expands retail footprint in tier I and II markets
    9 Aug 2022,livemint.com
    The new stores will widen Blue Dart’s presence in Tier I & II markets of Odisha, Assam, Haryana, Tamil Nadu, Telangana, Karnataka, Maharashtra, Gujarat and Madhya Pradesh…
  • CHOSEN Store celebrates 2 years exclusive retail agreement with Horphag Research for Pycnogenol in India
    9 Aug 2022,aninews.in
    Chennai (Tamil Nadu) [India], August 8 (ANI/NewsVoir): Chennai-based CHOSEN, one of India’s leading cosmetics retail stores, completed 2 fruitful years of collaboration with Switzerland-based Horphag Research to retail and formulate Pycnogenol based products in India…
  • Festive season: Burst of discretionary spending likely till December; recovery seen for electronics, gifting too
    8 Aug 2022,retail.economictimes.indiatimes.com
    “We have forecast double-digit growth this festive season over the festive months of 2019,” said Vishal Chaturvedi, vice-president (South Asia), The Body Shop. “This includes gifting across various upcoming festivals, Diwali and the wedding season. People are also coming back to physical stores after the last two years of stress, which were bad for us as well.”…
  • Reliance Retail made investments to the tune of Rs 30,000 crore in FY22
    8 Aug 2022,business-standard.com
    The country’s largest retailer made the investment in its retail business in organic growth, acquisitions and strategic partnerships…
  • Inflation hasn’t impacted imported spirits segment, investing in brand building, says Brown-Forman
    8 Aug 2022,retail.economictimes.indiatimes.com
    India is a “strategic emerging market” for Brown-Forman, where it is strengthening its presence in tier II cities and actively investing in brand building and marketing initiatives through increased retail presence…
  • Aditya Birla Fashion posts net profit of Rs 94.44 cr in Q1 FY23
    8 Aug 2022,retail.economictimes.indiatimes.com
    The company’s total revenue from operations has increased more than threefold to Rs 2,874.76 crore in Q1 FY23 as compared to Rs 811.95 crore in the same quarter last year. And it grew by 39 per cent over pre-COVID levels from Rs 2,065 crore in Q1 FY20…
  • Marico Q1 net profit rises 3% to Rs 377 cr; sales up 1.3% to Rs 2,558 cr
    8 Aug 2022,retail.economictimes.indiatimes.com
    Its revenue from operations rose marginally by 1.3 per cent to Rs 2,558 crore, as against Rs 2,525 crore in the corresponding quarter of the previous year…
  • Amazon expands connected device basket with $1.7 billion deal for Roomba-maker
    8 Aug 2022,retail.economictimes.indiatimes.com
    Its shares rose about 19% in early trading. At its peak during the pandemic lockdowns, iRobot traded at $197.4 as hygiene-conscious consumers invested in premium robot vacuum cleaners…
  • Philips sees rise of self-care and DIY trends in grooming
    8 Aug 2022,livemint.com
    As a brand, we believe in the philosophy of understanding the consumer’s unmet needs, and then creating solutions, says Vidyut Kaul, Head of personal health at Philips Indian subcontinent division…
  • Fall in consumer, education demand hampers tablet growth
    8 Aug 2022,retail.economictimes.indiatimes.com
    Inflation and fears of a recession are at the forefront of consumers’ minds, and spending on tablets has taken a backseat as the need for pandemic-era levels of use has fallen, according to a Canal’s report…
  • Shoppers from tier-I and tier-II cities drive India’s e-commerce growth
    8 Aug 2022,business-standard.com
    India’s Retail and E-commerce Trends, a report prepared by e-commerce tech firm Unicommerce along with Wazir Advisors, assesses the growth of India’s retail ande-commerce industry in FY22 and how consumer buying patterns have changed in the last two years…
  • India’s Nykaa expects festival season to boost demand
    8 Aug 2022,insideretail.asia
    Indian cosmetics-to-fashion retailer Nykaa said on Friday it expects stronger demand for its products in the current quarter after a ‘subdued season’ where inflationary pressures dented consumer spending…
  • 52 D2C Brands That Are Disrupting India’s Consumer Market
    8 Aug 2022,inc42.com
    India’s direct-to-consumer (D2C) market, which is likely to reach a size of $100 Bn by 2025, has grown exponentially in the last few years. Several factors including the Covid pandemic, higher internet penetration, growth of digital infrastructure and rise in the number of millennials, among others, have shored up the D2C brands…
  • Titan net profit jumps 13 times YoY to Rs 793 crore in Q1 FY23
    6 Aug 2022,retail.economictimes.indiatimes.com
    ​​The Tata Group firm said its quarterly revenues were the second-best, buoyed by a strong festive demand in a near normal Ql that came after a gap of two Covid disrupted periods…
  • Paytm Q1 net loss widens to Rs 644 crore, revenue up 88.5% YoY
    6 Aug 2022,retail.economictimes.indiatimes.com
    The digital payments platform’s revenue, however, shot up 88.5 per cent in Q1 to Rs 1,679.6 crore on a YoY basis…
  • Aditya Birla Fashion posts profit of ₹94.44 cr
    6 Aug 2022,livemint.com
    The retailer of clothing brands such as Louis Philippe, Van Heusen and Allen Solly posted consolidated revenue from operations of ₹2,874.76 crore in the three months ended June, a more than threefold rise from ₹811.95 crore a year earlier…
  • Raymond Q1 net profit at Rs 82 crore
    6 Aug 2022,retail.economictimes.indiatimes.com
    “Q1FY23 has been yet another strong quarter with highest Q1 revenue and profitability in last 10 years,” said an earning statement from Raymond. During the quarter, it capitalised on market buoyancy and strong wedding demand, supported by expansive distribution helped propel sales…
  • Nykaa Q1 Results: Profit rises 33% YoY to Rs 4.5 crore; revenue jumps 41%
    6 Aug 2022,retail.economictimes.indiatimes.com
    The company’s Q1 revenue was up 41 per cent YoY to Rs 1,148.4 crore vs Rs 817 crore in the June quarter of the last fiscal year…
  • Speciality Restaurants reports Q1FY23 total income of Rs 99 crore and PAT of Rs 14.71 crore
    6 Aug 2022,retail.economictimes.indiatimes.com
    “Some tactical measures of cost controls and streamlining business processes have led to the rationalization of the costs, which has resulted in savings resulting in improved profitability. We continue to focus on the cloud kitchen vertical with our established brands for the delivery business with low capital requirements and better return on investments…
  • Akzo Nobel India net profit marginally rises to Rs 76.9 cr in Q1 FY 2022-23
    6 Aug 2022,retail.economictimes.indiatimes.com
    The company’s total revenue from operations grew 50 percent year-on-year in Q1 FY23 at Rs 937.7 crore as compared to Rs 626.4 crore in the same quarter last year…
  • Coopetition between online and brick-and-mortar retailers
    6 Aug 2022,retail.economictimes.indiatimes.com
    In challenging times such as a crisis, e-tailers need to think in terms of cooperation with their brick-and-mortar retail competitors. Coopetition, a term coined by Raymond J. Noorda, the founder of Novell Corp. “is a business strategy that uses insights gained from game theory to understand when it is better for competitors to work together”. Intra-industry competitors are likely to have complementary skills which can be leveraged upon. Sometimes competitors join hands when common customers demand so…
  • Nalli sari brand launched on Myntra
    6 Aug 2022,retail.economictimes.indiatimes.com
    This partnership marks Nalli’s entry into the e-commerce segment (outside of its own website) and will offer more than 1,000 styles to sari lovers in the country…
  • Blue Dart re-appoints Balfour Manuel as MD
    6 Aug 2022,livemint.com
    Blue Dart also strengthened its Board, with the induction of Prakash Apte and Padmini Khare Kaicker as independent directors of the company for a term of five years, effective from 28 July…
  • Consumer confidence continues to improve in July, marginal rise in future expectations: RBI report
    6 Aug 2022,retail.economictimes.indiatimes.com
    The current situation index (CSI) rose by 1.4 points from 75.9 in May to 77.3 in July. This was mainly on account of improved perception on employment, household income and spending, the survey said…
  • Lulu Group Int’l plans to expand in India over the next few years
    6 Aug 2022,retail.economictimes.indiatimes.com
    With an annual turnover worth $ 8 billion and a workforce of over 50,000 globally, the Lulu group has announced investments of over Rs 19, 000 crore in India, for malls, hypermarkets, food processing centres, and all related businesses. In India, Lulu currently operates five shopping malls—in Kochi, Trivandrum, Thrissur, and Bangalore—and the largest one has been launched in Lucknow recently…
  • Decoded: Why German retail giant Metro wants to exit India
    6 Aug 2022,economictimes.indiatimes.com
    The irony, however, is that although kiranas have shed their earlier suspicions, most of their ‘vocal local’ supporters haven’t. This is particularly unfortunate for German retail giant Metro Cash and Carry’s operations in India, which has benefited many kiranas across the country. When the Dusseldorf-based company entered India in 2003, a series of protests were held by activist outfits and a few local farmers’ unions, claiming that the livelihood of small traders would be threatened…
  • Triumph International Opens First Exclusive Retail Store in Pune
    6 Aug 2022,indianretailer.com
    The new store hosts both their brands -Triumph and iconic bodywear brand sloggi, introduced by Triumph International India recently…
  • DLF mulls auction bid for Ambience Mall with base price of $366 million: Sources
    5 Aug 2022,realty.economictimes.indiatimes.com
    The 1.2 million square feet “Ambience Mall” in the posh southern district of India’s capital has been put up for auction as its current owner, the Ambience Group, has not paid debt of $149 million to Indiabulls Housing Finance and other creditors, according to a previously unreported public auction notice…
  • Reliance to debut JioMarket for marketplace biz, starts roping in sellers
    5 Aug 2022,retail.economictimes.indiatimes.com
    The internal work is done and the focus is on starting with a good volume of quality sellers so they are going aggressive on roping in independent sellers so it can be launched soon, one of the people mentioned above said…
  • Reliance Brands Limited signs franchise agreement with global luxury brand Balenciaga
    5 Aug 2022,retail.economictimes.indiatimes.com
    Founded by Spanish-born Cristóbal Balenciaga in 1917 and established in Paris in 1937, the original house of Balenciaga defined modern couture with its many innovations to form and technique. Since his appointment as artistic director in 2015, Demna continues to uphold the vision of Balenciaga through boundary pushing collections, which have expanded to include women’s and men’s ready-to-wear, accessories, and objets d’art…
  • Q1 has been good as far as Bajaj Consumer Care top line is concerned and we want to replicate that: MD
    5 Aug 2022,retail.economictimes.indiatimes.com
    “Last year, we launched pure coconut oil as well as Coco Onion and with that at least in the hair oils market, we have a larger presence now. So that would be our strategy going forward. This quarter has been a good quarter as far as the top line is concerned and we want to replicate that.”…
  • E-commerce enabler GoKwik partners Truecaller to reduce returns for online and D2C brands
    5 Aug 2022,retail.economictimes.indiatimes.com
    GoKwik, a network platform committed to providing full stack solutions to D2C brands, marketplaces, and omnichannel e-commerce players, said it has on boarded Truecaller to improve conversions and reduce RTOs (return to origin) by leveraging the brand’s expertise in identifying and verifying users…
  • EBay beats revenue estimates, bucks slowdown in consumer spending
    5 Aug 2022,retail.economictimes.indiatimes.com
    The e-commerce firm’s results contrast that of brick-and-mortar retailers Walmart Inc and Target Corp , which had warned of slowing discretionary spending as inflation-hit Americans save their dollars for gas, food and other essentials…
  • Inflation-growth tightrope
    5 Aug 2022,livemint.com
    The Reserve Bank of India began raising interest rates in May, and may be set to do so again later today. If it does, it will be in line with what several central banks are doing globally to combat a long spell of high inflation…
  • Kalyan Jewellers Q1 consolidated PAT at Rs 108 crore
    5 Aug 2022,retail.economictimes.indiatimes.com
    Revenue from operations jumped 103.61 per cent during the quarter under review to Rs 3,332.63 crore compared to Rs 1,636.77 crore in the year-ago period…
  • Britannia Industries net profit falls 13.24% to Rs 335.74 crore; revenue rises 9%
    5 Aug 2022,retail.economictimes.indiatimes.com
    Britannia Industries’ total expenses were at Rs 3,293.15 crore in the first quarter of FY23, up 12.28 per cent from Rs 2,932.96 crore in the year-ago period…
  • Dabur Q1 profit marginally rises to Rs 441 crore
    5 Aug 2022,retail.economictimes.indiatimes.com
    Its revenue from operations was up 8.07 per cent to Rs 2,822.43 crore during the quarter under review as against Rs 2,611.54 crore in the corresponding quarter of the previous fiscal…
  • Tiger sells 2.34% stake in Zomato
    5 Aug 2022,livemint.com
    Tiger Global sold more than 184 million shares, or 2.34%, of Zomato, between 25 July and 2 August in the open market, it said in a stock exchange filing. After the sale, Tiger Global now holds a 2.77% stake in the company, the filing shows…
  • McDonald’s India North & East embarks on restaurant modernisation
    5 Aug 2022,retail.economictimes.indiatimes.com
    “We are deeply committed to serving our customers the best of McDonald’s experience and moving ahead with the most significant transformational changes ever undertaken in the history of McDonald’s in the region,” said Sanjeev Agrawal, group chairman, MMG and chairman and development licensee, McDonald’s India (North and East)…
  • Berger Paints Q1 net profit rises 81% to Rs 254 cr; revenue up 53% to Rs 2,760 cr
    5 Aug 2022,retail.economictimes.indiatimes.com
    The company had posted a net profit of Rs 140.48 crore in the April-June period a year ago, Berger Paints said in a regulatory filing.Its revenue from operations rose 53.44 per cent to Rs 2,759.70 crore during the quarter under review as against Rs 1,798.49 crore in the year-ago period…
  • Nexus Malls signs exclusive contract with Khushi Advertising for 11 malls in India
    5 Aug 2022,afaqs.com
    Khushi Advertising, the leader in mall media solutions, announced today that Nexus Malls have awarded them the exclusive contract to bring in SOH revenue for 11 malls, namely Nexus Ahmedabad One – Ahmedabad, Nexus Amritsar – Amritsar, Nexus Esplanade – Bhubaneswar, Nexus Celebration – Udaipur, Nexus Kormangala – Bengaluru, Nexus Shantiniketan – Bengaluru, Nexus Whitefield – Bengaluru, Fiza By Nexus – Mangalore, Nexus Centre City – Mysore, Nexus Hyderabad – Hyderabad and Nexus Vijaya – Chennai in India…
  • Why is There a Rise of Baby Care Brands in the Indian Market in 2022
    5 Aug 2022,indianretailer.com
    The market for infant care products, which includes baby gear, strollers, toiletries, and diapers, is expanding by 14 percent annually…
  • Does the future of Offline Retail lie beyond Ecommerce and QCommerce?
    5 Aug 2022,timesofindia.indiatimes.com
    The market for infant care products, which includes baby gear, strollers, toiletries, and diapers, is expanding by 14 percent annually…
  • ‘Phygital Personalised Purchase’ – The modern retail phenomenon
    5 Aug 2022,timesofindia.indiatimes.com
    The Indian retail industry has been rapidly evolving, but the disruptions and pathbreaking changes can be seen dominating more so, especially over the last 5-6 years, thanks to modern technologies, the internet, and paradigm shift in consumer behaviour patterns…
  • GCPL Q1 net profit down 16.56% to 345.12 crore
    4 Aug 2022,realty.economictimes.indiatimes.com
    “Our overall EBITDA declined by 13 per cent driven by unprecedented global commodity inflation, upfront marketing investments and a weak performance in our Indonesia and Latin America & SAARC businesses,” GCPL Managing Director and CEO Sudhir Sitapati said.GCPL’s India revenue was up 11.36 per cent to Rs 1,849.41 crore in the April-June quarter, as against Rs 1,660.65 crore in the corresponding quarter a year ago…
  • Marico’s D2C brands have grown to Rs 500 cr business, says Mariwala
    4 Aug 2022,realty.economictimes.indiatimes.com
    Before the emergence of e-commerce and digital market initiatives, companies needed a budget of Rs 20-30 crore just to launch a product along with an all-India distribution network…
  • Ice-cream parlours to attract 18% goods and services tax: CBIC
    4 Aug 2022,retail.economictimes.indiatimes.com
    It said in a circular that past tax dues of ice-cream parlours that attracted GST at the rate of 5% without input tax credit shall be treated as fully GST paid to avoid unnecessary litigation. “Since the decision is only to regularise the past practice, no refund of GST shall be allowed, if already paid at 18%,” said the CBIC…
  • Adani Wilmar Q1 net profit up 10% to Rs 193.59 crore
    4 Aug 2022,retail.economictimes.indiatimes.com
    Total income rose to Rs 14,783.92 crore in the first quarter of this fiscal from Rs 11,369.41 crore in the corresponding period of the previous year…
  • Devyani International Q1 net profit at Rs 74.76 crore
    4 Aug 2022,retail.economictimes.indiatimes.com
    “In Q1 FY23, DIL opened 70 net new stores, taking the total count to 1,008. It hit a key milestone — launched 1,000th outlet during the quarter; Plans to double store count in the next 4-5 years,” according to an DIL earnings statement…
  • Amazon ties up with Indian Railways to boost delivery of packages
    4 Aug 2022,livemint.com
    Amazon India has engaged with Indian Railways to boost its delivery services in the country. Through this partnership, the e-commerce firm said it will be able to transport packages on more than 110 inter-city routes, ensuring one to two-day delivery for its customer…
  • Etsy names Pankaj Jathar as vice president and India country head
    4 Aug 2022,retail.economictimes.indiatimes.com
    An industry veteran with more than two decades of experience across global IT services and ecommerce firms, Jathar will lead Etsy’s India business to scale up its marketplace capabilities further and determine additional growth opportunities in the country. He will focus on mobilising and empowering the creative community in India…
  • Retail inflation for July may ease to 5-month low, says Barclays
    4 Aug 2022,retail.economictimes.indiatimes.com
    “The RBI is likely to take some comfort in the fact that over the next two to three months, sequential momentum of inflation will moderate materially, as the lagged effect of falling prices for cooking oil, cooking gas, base metals and several foods have all moderated,” the economist added…
  • Malabar Gold enters Bangladesh with Rs 200-cr manufacturing unit
    4 Aug 2022,retail.economictimes.indiatimes.com
    With USD 4.51 billion in revenue in 2021, Malabar Gold is the largest domestically and the third largest globally in terms of top line. India operations contribute USD 2.88 billion (66 per cent of the top line) and the rest USD 1.63 billion or 34 per cent come from international operations, Ahamed said…
  • Athleisure brands double size of stores amid rising demand
    4 Aug 2022,retail.economictimes.indiatimes.com
    “Post Covid, brands have realised customers are coming for the full experience and expecting engagement from the brand. At our retail spaces, many athleisure brands have almost doubled presence as sales have gone up,” said Pushpa Bector…
  • How a celebrity CEO’s rule of fear helped bring down hot startup Zilingo
    4 Aug 2022,retail.economictimes.indiatimes.com
    At the heart of Zilingo’s breakdown lies the soured relationship between Ankiti Bose and her longtime supporter, Shailendra Singh, head of Sequoia India. Allies for years, they fell out as financial pressures mounted…
  • Inox Leisure reports net profit of Rs 57 cr in Q1
    4 Aug 2022,retail.economictimes.indiatimes.com
    Inox Leisure’s revenue from operations in the April-June quarter of the last fiscal stood at Rs 22.31 crore.Total expenses were at Rs 513.01 crore, up two-fold.Inox reported its “highest ever quarterly revenue” and “highest ever EBITDA and profit after tax”…
  • Devyani International is looking to add 200-250 stores annually: CEO
    4 Aug 2022,livemint.com
    We were building 3k sq. ft KFCs. Now we have gone down to 1.7k to 2k sq. ft, on an average. As a result, kitchen size is same but capex is down, says Virag Joshi, CEO, Devyani International…
  • Mall operators’ revenue reaches 10% above pre-pandemic level: CRISIL
    4 Aug 2022,retail.economictimes.indiatimes.com
    The recovery is visible across tenant categories. Grocery, apparel, footwear, cosmetics, electronics, and luxury, which account for 75-80% of mall revenue, had shown near-full recovery by the third quarter of last fiscal. The consequent healthy improvement in cash flows and steady debt levels are also likely to improve the average debt service coverage ratio…
  • Furlenco aims to reach Rs 500 crore revenue by March 2024
    4 Aug 2022,retail.economictimes.indiatimes.com
    “We plan to add over 500 products and 250 designs to our range over the next year. With this, we are looking to expand to get a larger share of the market and become India’s largest furniture and lifestyle brand by 2024,” Mohandas said…
  • Aiwa India to focus on experiential retail; no immediate plans to enter e-commerce
    4 Aug 2022,newindianexpress.com
    Mehta said that the company’s strategy is different from other brands in the sense that it has consciously stayed away from e-commerce at the moment and is focusing on offline retail…
  • IIFL Foundation Launches Retail Skill Development Program For Youth In Partnership With Indian Army And REACHA
    4 Aug 2022,bwpeople.businessworld.in
    The project is specially designed to help young individuals to become retail sector entrepreneurs or professionals by enhancing their skills and connecting them to the industry…
  • Brigade Enterprises posts Rs 64.65 crore net profit in Q1 FY23
    3 Aug 2022,retail.economictimes.indiatimes.com
    Brigade Enterprises’ net consolidated income stood at Rs 920.28 crore in Q1 FY23, a growth of 135.05 per cent from Rs 391.52 crore it recorded in the similar quarter last year…
  • Uber Technologies likely to sell 7.8% stake in Zomato through block deal
    3 Aug 2022,retail.economictimes.indiatimes.com
    The sale has been fixed at Rs 48-Rs 54 apiece, a discount of 2.8-13.6% to Tuesday’s closing price of Rs 55.55 on the National Stock Exchange…
  • ITC exits from lifestyle retailing business
    3 Aug 2022,retail.economictimes.indiatimes.com
    Last month, ITC Chairman Sanjiv Puri said that the company was liquidating some old inventory of the Wills brand left in a few stores and there were no further plans to continue the business. In the past, ITC had said that its lifestyle retailing business was adversely impacted by e-commerce players which aggressively pushed to capture market share amongst value-seeking consumers by offering heavy discounts and launching exclusive labels and brands…
  • FMCG industry recovers on higher urban consumption: Report
    3 Aug 2022,retail.economictimes.indiatimes.com
    ​​Data analytics firm NielsenIQ on Tuesday said the overall consumption has revived as unit volume has increased on a sequential basis in the April-June quarter. However, on an annual basis, it had a negative growth of 0.7 per cent in the latest quarter under review. In the April-June 2022 period, the urban markets revived with positive volume growth of 0.6 per cent but the rural markets reported a negative growth of 2.4 per cent…
  • Voltas net profit falls 10.5 pc to Rs 109.6 crore; revenue up 55 pc to Rs 2,768 crore in April-June
    3 Aug 2022,retail.economictimes.indiatimes.com
    ​​”On the back of the volume growth, gross segment revenue increased by 125 per cent,” said Voltas, adding it “continues to be the market leader” in the segment with an existing market share of 24.1 per cent as of June 2022, said an earnings statement by the company…
  • D2C brands drive growth for e-tailers
    3 Aug 2022,livemint.com
    Internet-first or direct-to-consumer (D2C) brands are driving growth in India’s e-tailing space with a robust 45% compound annual growth rate and has the potential to reach $ 70 billion over the next few years, said a joint report by Unicommerce, an integrated software as a service platform for post-purchase experience management, and retail consultancy Wazir Advisors…
  • Starbucks beats profit estimates despite hit to China business
    3 Aug 2022,retail.economictimes.indiatimes.com
    Despite record inflation in the United States that ate in to Starbucks’ operating margin, the chain is “not currently seeing any measurable reduction in customer spending or any evidence of customers trading down,” interim Chief Executive Officer Howard Schultz told investors on a conference call…
  • CSB forays its footprint in Tamil Nadu with a second outlet
    3 Aug 2022,retail.economictimes.indiatimes.com
    The new outlet is set in Sholinganallur, Kancheepuram. It’s situated near IT parks in order to attract a large number of young professionals…
  • Anuj Jain on Kansai Nerolac results, competition and growth going ahead
    3 Aug 2022,retail.economictimes.indiatimes.com
    “When new competition enters our sector, it is important for us to just concentrate on our strength and strategy and to correct if any weakness is there over a period of time. There is no question of feeling threatening here because the industry size is good, the growth is good, and it takes time for any new player to come and create a distribution and relationship network with dealers.”…
  • Foreign tourists might soon start getting GST refund for local shopping
    3 Aug 2022,timesofindia.indiatimes.com
    Referring to this, government sources added that with the GST regime settling down, the Centre is in the process of setting up the said pilot, which will initially involve outlets, such as the Cottage Industries Emporium and, bas…
  • Homegrown retail decor specialist Surreal Design Studio goes global
    3 Aug 2022,timesofindia.indiatimes.com
    Surreal Design Studioare specialists in retail décor comprising malls, airports and other public spaces—temporary as well as permanent installations at these locations…
  • BIRKENSTOCK Opens Second Store in Pune
    3 Aug 2022,indianretailer.com
    The new store launch is followed by the overwhelming response BIRKENSTOCK received in 2021, when it launched its first outpost in the city in Phoenix Market City, Pune…
  • ONLINE RETAIL TO REACH $225 BILLION, D2C TO TOUCH $70 BILLION IN A FEW YEARS IN INDIA: REPORT
    3 Aug 2022,moneycontrol.com
    Electronics and fashion, which are usually the top selling categories for marketplaces, saw a slower growth compared to other categories in terms of order volume…
  • Tata Power, JLL India collaborate to provide green energy solutions in the realty space
    3 Aug 2022,pv-magazine-india.com
    Under the collaboration, both the companies will jointly evaluate opportunities across JLL India’s clients’ portfolios to extend Tata Power’s Green Energy solutions. Tata Power will also work with JLL India to support the transition of their existing offices in the country into Green Energy power hubs…
  • Large restaurants raise discounts to fend off Swiggy, Zomato
    2 Aug 2022,retail.economictimes.indiatimes.com
    India’s largest quick service chain, Domino’s Pizza which operates 1,625 outlets, launched multiple “free rewards offers” on its own app last weekend, across delivery, takeaway and dine-ins…
  • ITC Q1 profit up 33.4% to Rs 4,462.25 cr, revenue rises to Rs 19,831.27 cr
    2 Aug 2022,retail.economictimes.indiatimes.com
    Its revenue from operations was up 39.25 per cent at Rs 19,831.27 crore in the first quarter of the current fiscal compared to Rs 14,240.76 crore in the year-ago period…
  • Zomato’s consolidated loss nearly halves to Rs 186 crore in Q1
    2 Aug 2022,retail.economictimes.indiatimes.com
    The online food delivery and restaurant discovery platform also reduced losses by about 48% sequentially, from Rs 359.70 crore in the fourth quarter last year, the company said in a stock exchange filing to the BSE late on Monday…
  • ‘We saw big growth improvement in products priced over Rs 3000,’ says Metro Brands CEO
    2 Aug 2022,retail.economictimes.indiatimes.com
    We’re seeing increased demand for premium products. We try to be a little more premium than our competitors and it’s starting to pay off as we saw big growth improvement in products priced over Rs 3,000…
  • Anand Burman appointed chairman of Eveready Industries
    2 Aug 2022,retail.economictimes.indiatimes.com
    The appointment was finalised by the Eveready board in a meeting held in Kolkata on Monday. Mohit Burman and Arjun Lamba, a close associate of the Burmans have been appointed as non-executive directors, he said. A formal announcement is expected soon…
  • Varun Beverages posts two-fold jump in PAT at Rs 802 cr in Q1 FY22-23
    2 Aug 2022,retail.economictimes.indiatimes.com
    “Profit after tax increased by 151.6 per cent to Rs 802 crore from Rs 318.8 crore in Q2/2021, driven by high growth in revenue from operations and improvement in margins,” the earning statement said…
  • Arvind Ltd posts Rs 101.62 cr profit in Q1 FY22-23; net sales up 64%
    2 Aug 2022,retail.economictimes.indiatimes.com
    “Arvind continued to deliver on its stated objective of reducing Long Term debt, and reduced it by Rs 56 crores during this quarter. Arvind Limited closed the quarter at a net debt of Rs 1,809 crore,” it said…
  • Bajaj Consumer Care Q1 net profit dips 30.7% to Rs 33.9 crore
    2 Aug 2022,retail.economictimes.indiatimes.com
    Its total revenue from operations rose 15.10 per cent to Rs 249.44 crore during the period under review, as against Rs 216.71 crore in the corresponding quarter a year ago, said a regulatory filing by Bajaj Consumer Care…
  • Barbeque-Nation Hospitality Q1 profit at Rs 16.02 cr
    2 Aug 2022,retail.economictimes.indiatimes.com
    Its revenue from operations was up three-fold to Rs 314.86 crore during the quarter under review as against a low base of the corresponding quarter, when sales were impacted…
  • Heineken boosted by rising beer demand but sees 2023 margin squeeze
    2 Aug 2022,retail.economictimes.indiatimes.com
    The brewer of Heineken, Europe’s top-selling lager, as well as Tiger, Sol and Strongbow cider, sold more beer than expected, with expansion in all regions and revenue and profit above market consensus…
  • Kansai Nerolac Paints Q1 net profit up 36.5 pc to Rs 152 cr; sales up 46 pc
    2 Aug 2022,retail.economictimes.indiatimes.com
    Its revenue from operations rose 46.23 per cent to Rs 2,051.37 crore from Rs 1,402.76 crore in the year-ago quarter…
  • JSL Lifestyle owned home and lifestyle brand Arttd’inox targets Rs 100 cr revenue in 3 years
    2 Aug 2022,retail.economictimes.indiatimes.com
    Arttd’inox is the B2C arm of JSL Lifestyle, a subsidiary of Jindal Stainless (Hisar) Limited (JSHL). The company sells premium stainless steel products across kitchen and home decor categories…
  • Honasa Consumer appoints Pratik Mukherjee as vice president, Brand Factory
    2 Aug 2022,livemint.com
    Honasa Consumer Pvt Limited, calls itself a “house of brands” entity, creating digital-first consumer goods brands. HCPL has built an in-house portfolio of digital-first consumer brands like Mamaearth, The Derma Co., Aqualogica, Ayuga…
  • Eveready Industries Q1 net profit down 27.5% to Rs 21.85 cr
    2 Aug 2022,retail.economictimes.indiatimes.com
    New Delhi, Aug 1 (PTI) Battery and flashlights maker Eveready Industries India Ltd on Monday reported a decline of 27.48 per cent in its consolidated net profit at Rs 21.85 crore for the quarter ended June 30, 2022. The company had posted a net profit of Rs 30…
  • India to have 31 new shopping malls in two years, Chennai to get four
    2 Aug 2022,livemint.com
    According to a report by Anarock, 31 new shopping malls are expected to be operational by the end of next year on the back of a strong revival in the retail sector…
  • Avenue Supermarts to Bata India: Retailers are now hiring, but on contract
    2 Aug 2022,business-standard.com
    According to a TeamLease report for the quarter, the intent to hire in retail is higher in the June-September quarter than the April-June period…
  • Maharashtra: Amazon opens new centre for procuring fresh produce directly from farmers
    2 Aug 2022,indianexpress.com
    Amazon Retail India Monday announced the opening of a new “farmer collection centre” in Maharashtra, where fresh fruits and vegetables would be directly purchased from farmers for customers…
  • Lifestyle & grocery retail companies on a hiring spree
    1 Aug 2022,retail.economictimes.indiatimes.com
    According to HR firm TeamLease’s latest hiring outlook study, retail is one of the top six sectors on hiring intent in the current quarter. “Significant investments are happening in the retail sector. Companies are looking to use this fresh capital to shore up hiring across multiple verticals, with some startups looking to add more physical stores too,” said TeamLease executive director Rituparna Chakraborty…
  • Tata Neu CTO Sauvik Banerjjee quits four months after launch
    1 Aug 2022,retail.economictimes.indiatimes.com
    His exit comes just four months after the Mumbai-based conglomerate launched the much-hyped ‘super app’ in April . Neu was launched with a marketing blitz around the Indian Premier League, for which it was the title sponsor…
  • McD’s to double outlets in north & east over 3 years
    1 Aug 2022,retail.economictimes.indiatimes.com
    “The restaurants are old. We had to re-image them,” said Sanjeev Agrawal, chairman and development licensee, McDonald’s India North and East. “Our plan is to overhaul 150 outlets in two years. ”…
  • Godfrey Phillips India Q1 net profit rises 16.6% to Rs 131.05 cr
    1 Aug 2022,retail.economictimes.indiatimes.com
    Godfrey Phillips India’s revenue from operations was up 33.49 per cent to Rs 981.83 crore during the quarter under review against Rs 735.49 crore in the corresponding period of the previous fiscal…
  • Time for alcobev to go online?
    1 Aug 2022,retail.economictimes.indiatimes.com
    COVID-19 has led to a significant shift in the way in which alcohol is bought and consumed – such as growth in at-home consumption, acceleration of premium products and increasing product innovation beyond traditional whisky and beer to supply-led influences such as exponential growth of online delivery in other categories (70% inc. in GMV in 3 months during Wave-1), stay-at-home orders disallowing visits to liquor shops, govt. objective to control over-crowding at liquor shops post re-opening etc…
  • Pet care industry grows after pandemic; attracts FMCG companies
    1 Aug 2022,retail.economictimes.indiatimes.com
    Last week, Nestle India entered into the segment by acquiring the pet foods business from its fellow subsidiary Purina Petcare India for Rs 123.5 crore, providing the FMCG major direct access to this fast-growing business in the country…
  • Spend trend: Consumption survey to include electronics, online shopping
    1 Aug 2022,retail.economictimes.indiatimes.com
    India will now be keeping tabs on your spending online, electronic products such as mobile phones and Covid management products, as part of the Household Consumption Expenditure Survey (HCES), which was launched last week…
  • Jockey doubled athleisure business during pandemic
    1 Aug 2022,livemint.com
    For an organization like ours, primarily invested in offline space, online consumer acquisition was slow and expensive prior to the pandemic, says Karthik Yathindra, chief marketing officer, Jockey India…
  • Gold business up 54% in Q2 of 2022 at Rs 79,000 crore
    1 Aug 2022,retail.economictimes.indiatimes.com
    Gold demand in India was up 43% at 170.7 tonne in Q2, 2022 as against 119.6 tonne in Q2, 2021. Demand for gold jewellery was higher by 49% at 140.3 tonne (94 tonne) marked by festivals and wedding buying…
  • Cereals beat slowing trend in FMCG foods
    1 Aug 2022,retail.economictimes.indiatimes.com
    Quoting Nielsen Consumer data, Kellogg’s MD (India & South Asia markets) Prashant Peres said volume growth in breakfast and healthy snacks — when put together and compared with other food categories — has been consistent over a span of two years from July-September 2020 to January-March this year…
  • India’s consumer electronics industry is set on the path to Industry 5.0
    1 Aug 2022,livemint.com
    Even as the pandemic exposed the vulnerabilities of economies, it is time to analyse India’s manufacturing playbook and see it transition from Industry 4.0 to Industry 5.0, comprising smart artificial intelligence-enabled factories…
  • Android tablet market share drops below 50% in Q2, 1st time in 10 yrs
    1 Aug 2022,business-standard.com
    Android tablet market share fell below 50 per cent for the first time in 10 years, as people seek premium and detachable tablets from Apple, Windows OEMs and, to some extent, Samsung…
  • DLF cuts net debt by 16% quarter-on-quarter to Rs 2,259 crore in Q1 FY23
    1 Aug 2022,realty.economictimes.indiatimes.com
    On the operational front, DLF’s sales bookings doubled to Rs 2,040 crore during the first quarter of this fiscal from Rs 1,014 crore in the year-ago period…
  • Many malls to open in 2022 as retail sector picks up pace
    1 Aug 2022,realty.economictimes.indiatimes.com
    Nearly 10.15 million sq ft of new mall space is set to be available in the country this year–almost double compared with 2021–as demand for retail space in grade-A malls pushes developers to expedite construction, according to property consultant Anarock…
  • Anirban Gupta joins Colliers as Managing Director, Kolkata to drive business growth in East India
    1 Aug 2022,realty.economictimes.indiatimes.com
    Leading diversified real estate professional services and investment management firm Colliers has appointed Anirban Gupta as the Managing Director of Kolkata to drive the organization’s growth in East India…
  • Commercial realty: More spaces, greater adsorption
    1 Aug 2022,theprint.in
    Delhi NCR [India], July 30 (ANI/NewsVoir): The growing interest in commercial realty space shows no signs of abating. Rising high from the sluggish demand during the pandemic there is a new vigour in the segment…
  • Zilingo COO Aadi Vaidya quits in latest blow for Singapore startup
    30 jul 2022,retail.economictimes.indiatimes.com
    Aadi Vaidya, who joined the company in 2015 and became the COO two years later, confirmed his resignation when contacted by Bloomberg News. Friday is his last day at the company, Vaidya said in his response…
  • Oppo to invest $60 million in India to strengthen smartphone ecosystem
    30 jul 2022,retail.economictimes.indiatimes.com
    Ovet that time, Oppo said it will also focus on the development of next-generation technologies such as 5G, artificial intelligence (AI), etc., to accelerate the product development process from India, empowering and mentoring technology start-ups end-to-end, and exploring collaborations with educational institutions to drive innovation…
  • Nirma makes Rs 1,650-crore offer for Hindusthan National Glass
    30 jul 2022,retail.economictimes.indiatimes.com
    Africa-based bottle maker Madhvani Group and AGI Greenpac, known as makers of Hindware products, also submitted separate resolution plans for the Kolkata-based bottle maker undergoing insolvency proceedings…
  • Apple ‘nearly doubled’ revenue in India in June quarter: CEO Tim Cook
    30 jul 2022,retail.economictimes.indiatimes.com
    “We also saw June quarter revenue records in both developed and emerging markets with very strong double-digit growth in Brazil, Indonesia, and Vietnam and a near doubling of revenue in India. We saw great enthusiasm for our products and services, resulting in an all-time record for our installed base of active devices,” Apple CEO Tim Cook said during the company’s quarterly earnings call…
  • LT Foods Q1 profit rises 25% on strong revenue
    30 jul 2022,retail.economictimes.indiatimes.com
    Its total income rose 32 per cent on a consolidated basis to Rs 1,620.37 crore in the April-June quarter of the 2022-23 fiscal against Rs 1,231 crore in the year-ago period…
  • Emami Q1 Results: PAT down 7% at Rs 73 cr
    30 jul 2022,retail.economictimes.indiatimes.com
    “Unprecedented inflationary headwinds continued to impact the FMCG sector leading to softening of consumer sentiment across urban and rural markets, resulting in lower margins during the quarter,” said Emami in its earning statement…
  • Metro Brands posts net profit of Rs 105.78 crore in Q1 FY 2022-23
    30 jul 2022,retail.economictimes.indiatimes.com
    The company’s total revenue from operations stood at Rs 507.95 crore for Q1 of the current fiscal as compared to Rs 131.39 crore in the same quarter last year with 286.5 per cent year-on-year growth…
  • ‘E-commerce penetration grew fivefold during covid’
    30 jul 2022,livemint.com
    NEW DELHI : The covid pandemic pushed sales of more fast-moving consumer goods online, with an estimated 10.7 million households buying such products between April 2020 and March 2022, data from Kantar Worldpanel showed…
  • ICRA upgrades retail sector outlook to stable from negative
    30 jul 2022,retail.economictimes.indiatimes.com
    “Driven by pent-up demand, improving vaccination coverage and a pick-up in economic activity, the retail sector reported a healthy recovery in sales, post the second COVID-19 wave. While the operations were temporarily affected by the third wave in January and February 2022, the sector bounced back swiftly in March 2022,” said Sakshi Suneja, Vice President & Sector Head, ICRA…
  • India remains a strong growth market for global consumer companies
    30 jul 2022,retail.economictimes.indiatimes.com
    Analysts said India has been resilient amid slowing global growth. The IMF has slashed the 2022 global GDP growth forecast to 3.6%. While India’s growth outlook has tempered too, at 8% expectation in 2022 and 7-8% growth forecast, India remains an outlier, ” said a report by Emkay…
  • Amazon has a Prime edge over Walmart: Richer customers
    30 jul 2022,retail.economictimes.indiatimes.com
    On Monday, rival Walmart Inc, which caters to a more cost-conscious customer, slashed its second-quarter profit forecast, blaming a shift in consumer spending towards more low-margin food products over apparel and other general merchandise…
  • Twin headwinds lash SMEs in gems and jewellery sector: Crisil SME Tracker
    30 jul 2022,business-standard.com
    Small and medium enterprises (SMEs) in the gems and jewellery sector are likely to grow 1-3 per cent year on year in value terms in the current fiscal year (FY23), compared with over 45-50 per cent in FY22 (which, in turn, was on a low base of FY21). That’s because they face two headwinds now: the import duty hike of 500 basis points to 12.5 per cent, and supply chain disruptions because of the ongoing Russia-Ukraine war, leading to a moderation in exports…
  • Maersk X LT Foods | A strong logistics partnership of more than 10 years
    30 jul 2022,retail.economictimes.indiatimes.com
    LT Foods Ltd. is one of India’s largest basmati rice exporters, holding close to 50% market share within the industry. With a total of 6 plants in India, a processing plant in Rotterdam, along with warehouses in the USA, they export rice to 63 countries. Today, Daawat has become a household name in more than 60 countries with its international standards, and manufacturing excellence. Watch now to know how Maersk helped LT Foods Ltd. transport their rice to different countries with its digital technology, commitment, and excellent support…
  • Tide maker P&G misses earnings, forecasts lower growth as consumers ‘scrimp’
    30 jul 2022,retail.economictimes.indiatimes.com
    Chief Financial Officer Andre Schulten warned in a call with media that P&G, a bellwether for consumer products, is seeing “some resurgence” of shoppers buying cheaper store brand items in some categories. Private label brands in Europe are stronger, he said in a call with analysts…
  • Smartphone shipments in Q2 fall 5% due to macro-economic headwinds: Counterpoint
    30 jul 2022,retail.economictimes.indiatimes.com
    The on-year growth was primarily driven due to a low base in Q2 2021 due to the second covid-19 wave, while the quarterly decline is attributed to macroeconomic headwinds impacting demand, Counterpoint said…
  • LG Electronics posts 12% drop in profit on weaker demand
    30 jul 2022,retail.economictimes.indiatimes.com
    Its operating income came in at 792 billion won $609 million for the April-June quarter, falling short of analysts’ expectations surveyed by Yonhap Infomax, the financial data firm of Yonhap News Agency…
  • DLF’s net profit up 39% at Rs 469.57 crore in Q1 FY23
    30 jul 2022,retail.economictimes.indiatimes.com
    In a statement, DLF said its sales bookings jumped two-fold to Rs 2,040 crore during the April-June period of this fiscal year, compared with the year-ago period…
  • The game plan is to expand into larger F&B portfolio and becoming an FMCG company: Tata Consumer’s Sunil D’Souza
    28 jul 2022,retail.economictimes.indiatimes.com
    “If you look at the total PCPL portfolio, I think we have got a significant opportunity to restructure and clean up. As part of this, the latest thing that we have announced is the cleanup of the international and Indian legal listed entities. From 43 entities, we are moving down to 23 or 25.”…
  • PVR raises ticket prices by up to 23%, says CEO
    28 jul 2022,retail.economictimes.indiatimes.com
    “Every year, we used to hike the prices by 5–7%, but we couldn’t do that in the last two and a half years. During this time, electricity costs, rent and maintenance charges have gone up, so we had to hike the prices,” said Dutta…
  • Coca-Cola takes ‘Limca’ to no-fizz segment, signs on Neeraj Chopra
    28 jul 2022,retail.economictimes.indiatimes.com
    The move comes amid escalation of launches in the healthier space by foods and beverages companies globally, as consumers opt for these products especially after the pandemic. The electrolytes and glucose beverage is a sports drink, and broadbases the company’s portfolio beyond fizzy drinks, which currently includes low-sugar juices, and Coke Zero…
  • Working to see how fast we can increase local sourcing because that has all the benefits of creating lower prices: IKEA India CEO
    28 jul 2022,retail.economictimes.indiatimes.com
    “No one is not impacted by inflation and by the crisis that COVID and the war has had an impact on the whole world, supply chains and prices and inflation. We see some positive signs that it might be possible to rollback some of the prices going forward but it’s still to be seen. We are moving on with our affordability ambitions that we have,” Pulverer told ET…
  • United Breweries Q1 Results: Net profit rises to Rs 162.50 crore on volume growth
    28 jul 2022,retail.economictimes.indiatimes.com
    United Breweries Ltd’s (UBL) revenue from operations climbed 95.88 per cent to Rs 5,196.08 crore during the quarter under review. It stood at Rs 2,652.63 crore in the corresponding period of the previous fiscal…
  • Flipkart enters audiobooks segment; partners with Pocket FM
    28 jul 2022,retail.economictimes.indiatimes.com
    With the collaboration, Flipkart would provide exclusive and licensed audiobooks through Pocket FM to its customer base of over 400 million, a release said on Tuesday…
  • Nykaa’s Falguni Nayar is India’s richest self-made woman, wealth surges 963%
    28 jul 2022,retail.economictimes.indiatimes.com
    Falguni Nayar, the founder and CEO of Nykaa, has moved ahead of Biocon founder and CEO Kiran Mazumdar-Shaw to become the richest self-made woman in India, according to Kotak Private Banking Hurun Leading Wealthy Women List 2021…
  • Sharp fall in purchases pulls global gold demand down by 8% in Q2
    28 jul 2022,business-standard.com
    A sharp fall in purchases by investors pulled global gold demand down 8% in the second quarter compared to the same period in 2021, the World Gold Council said on Thursday…
  • Relaxo Footwears profit rises 25 pc to Rs 38.67 crore in June quarter
    28 jul 2022,retail.economictimes.indiatimes.com
    Its revenue from operations went up by 34.2 per cent at Rs 667.15 crore during the period under review as against Rs 497.13 crore in the same quarter last year, Relaxo Footwears said in a regulatory filing…
  • Neiman Marcus Group to hire 600 people for India centre
    28 jul 2022,retail.economictimes.indiatimes.com
    The US-based retailer launched its Global Capability Centre (GCC) in India this week, where it currently employs about 60 people…
  • Food business to see disproportionate growth: TCPL CEO Sunil D’Souza
    28 jul 2022,retail.economictimes.indiatimes.com
    “I think now the game plan is to expand into the larger food and beverage portfolio by getting into more and more categories and ultimately becoming a FMCG company. The only thing is as we go we have got to make sure before we get into a full-fledged FMCG we are building a solid base and from there we can catapult into the larger categories,” said D’Souza…
  • Coca-Cola bottling partners invest $1 bn to add capacity
    28 jul 2022,livemint.com
    Besides improving penetration of existing products, the company will also launch zero- and low-sugar variants of all its key sparkling brands in a phased manner over the next two years…
  • Swiggy begins selling private label brand Supreme Harvest on Instamart
    28 jul 2022,livemint.com
    The brand is marketed by Scootsy Logistics Pvt Ltd and sells pulses, oils, spices, mixed seeds, flour, and other cooking essentials…
  • Reckitt ups sales forecast on price hikes and baby formula
    28 jul 2022,retail.economictimes.indiatimes.com
    The company said quarterly like-for-like revenue rose 11.9% on a constant currency basis, far ahead of the 6.8% growth analysts had expected in a company-supplied poll. Reckitt hiked prices 9.7% in the quarter, while sales volumes were up 2.2%…
  • Great cloud kitchens need a mix of artists and engineers
    28 jul 2022,retail.economictimes.indiatimes.com
    Zorawar Kalra says if someone had asked him in March, 2020, about food delivery, he would have described it as a waste of time. “We’re in the fine dine or fine casual sector, where we like to give full experiences. And I’m a food purist…
  • India’s tea exports declined over 20% in past 5 years
    28 jul 2022,retail.economictimes.indiatimes.com
    “There was a decline in export of tea in last few years. Reportedly, this was due to nonavailability of containers, dislocation in shipping schedules, lock-down and uncertainty in the market due to covid-19 and disruptions in overall global trade,” Union Minister of Commerce and Industry Anupriya Patel informed the Lok Sabha on Wednesday in reply to a question on the tea trade…
  • Ikea India increases prices of some products as inflation bites
    28 jul 2022,retail.economictimes.indiatimes.com
    IKEA India has increased prices of some of its products due to rising inflation while also absorbing the high inflation costs on other products…
  • Apple’s 1st India store delayed
    28 jul 2022,retail.economictimes.indiatimes.com
    The opening of Apple’s flagship India retail store has been delayed further, with the iPhone maker aiming to debut its first company-owned outlet in the country in Mumbai in the January-March quarter next year. If all goes to plan, 2023 will mark a big India retail push by Apple, which will also be opening a company-owned outlet in New Delhi at Select Citywalk mall in Saket…
  • Why Experiential Retail Might Be the Secret to Customer Success
    28 jul 2022,indianretailer.com
    Experiential shopping is simply the combination of online and offline marketing, which allows retailers to target consumers with personalized experiences they are unable to get on their phones or computers…
  • Ed-a-Mamma Marks its Offline Presence in the Indian Market
    28 jul 2022,indianretailer.com
    The brand has stepped into the retail market in major metropolitan cities as well as Tier II cities through Shoppers Stop and Lifestyle stores…
  • Small shops need not collect 5% GST on essential items in small packs: Minister
    28 jul 2022,theprint.in
    Thiruvananthapuram, Jul 27 (PTI) Kerala Finance Minister K N Balagopal on Wednesday said small unregistered shops or those with an annual turnover of around Rs 1.5 crore are not required to collect 5 per cent GST on essential commodities sold in loose or in small packages of 1 or 2 kg…
  • Avenue Supermarts’ online business more than doubled during FY22 but loss widened too
    27 jul 2022,retail.economictimes.indiatimes.com
    However, net loss at Avenue E-Commerce, the six-year-old subsidiary of India’s biggest retailer by market capitalisation, widened to Rs 142 crore. The online business brand – DMart Ready had sales of Rs 791 crore and a net loss of Rs 81 crore a year earlier when it operated only in Mumbai, according to the company’s latest annual report…
  • Consumption weakness is due to the impact of inflation on the Indian consumers, particularly in rural areas: Unilever CEO
    27 jul 2022,retail.economictimes.indiatimes.com
    The British consumer goods firm said India has been a particular area of strength from a volume perspective as it saw double-digit pricing growth while still maintaining high single-digit volumes. This is despite the overall market witnessing volume decline, said the maker of Dove and Rin…
  • Coke India reports best-ever quarter by volumes in April-June
    27 jul 2022,retail.economictimes.indiatimes.com
    The maker of Coke and Sprite soft drinks and Minute Maid juice said volume performance was driven by continued recovery in away-from-home channels and ongoing investments. Quincey said the beverage maker gained shares in sparkling soft drinks and juices and that it is “continuing to invest in the marketplace availability and execution to capture growth.”…
  • United Spirits Q1 Results Profit soars 204% YoY; sales rise 34%
    27 jul 2022,retail.economictimes.indiatimes.com
    The company said double-digit top-line growth reflects strong consumer demand in off-trade, recovery in the on-trade channel, active portfolio management and benefit from the soft comparator…
  • Asian Paints Q1 profit surges 79% YoY to Rs 1,017 crore
    27 jul 2022,retail.economictimes.indiatimes.com
    The company said the domestic decorative business experienced good consumer demand and recorded strong revenue growth for the quarter. The volume growth registered in the quarter was one of the highest in the last six quarters, it said, adding that the business also registered robust 4-year compounded growth in volume and value terms…
  • AstaGuru bets on jewellery, watches
    27 jul 2022,livemint.com
    The business from these items has increased multi-fold since 2018 when the company first began experimenting with the categories, chief executive Tushar Sethi said…
  • India’s inflation has likely peaked as global commodity prices moderate: Morgan Stanley Research
    27 jul 2022,livemint.com
    Moderation in commodity price hikes is expected to bring some respite to macro stability indicators. Building in the moderation in commodity prices and swifter correction in domestic food prices, we see near-term inflation trajectory improving…
  • Unilever ups sales guidance after price hikes help it beat forecast
    27 jul 2022,retail.economictimes.indiatimes.com
    “The challenges of inflation persist and the global macroeconomic outlook is uncertain, but we remain intensely focused on operational excellence and delivery in 2022.” Bernstein analysts in a note deemed them a good set of results, with pricing better than expected and volumes in line and boding well for Unilever’s ability to keep investing in growth…
  • Food delivery companies revamp for cost-of-living crunch
    27 jul 2022,retail.economictimes.indiatimes.com
    The loss-making food delivery sector was one of the big beneficiaries of the COVID-19 pandemic, but that effect has waned as consumers, faced with surging prices, have started to cut back…
  • McDonald’s sales beat estimates on steady fast-food demand
    27 jul 2022,retail.economictimes.indiatimes.com
    Net income declined 46% to $1.19 billion, or $1.60 per share, as expenses soared. The company’s shares were down 1.3% in premarket trading…
  • Malaki founders launches India’s first online B2B marketplace for beverages
    27 jul 2022,retail.economictimes.indiatimes.com
    BeverageCart is a first of its kind platform in India that will address last mile delivery for retailers and hotels, restaurants and caterers (HoReCa) channels by facilitating online wholesale orders…
  • Apple ships over 1.2 million iPhones in India in Q2, logs 94% growth
    27 jul 2022,business-standard.com
    Continuing its growth in India driven by local manufacturing, Apple sold over 1.2 million iPhones in the country in the second quarter (Q2) this year, registering a massive 94% growth y-o-y…
  • Fashion Festival of India by Medusa by Sonal Jindal at Ambience Mall Vasant Kunj New Delhi
    27 jul 2022,newspatrolling.com
    New Delhi, 26th July 2022: Continuing a long tradition of collaborations, Medusa is thrilled to announce a new collaboration with Ambience Mall, Vasant Kunj as they launch the first and longest ever FASHION FESTIVAL of India…
  • REIT Investing: The Hassle-Free Way To Invest In Commercial Real Estate In India
    27 jul 2022,mumbailive.com
    It was long ago when the government made it possible for investors to invest in large-scale commercial real estate projects. However, it was only recently that individual investors embraced the concept of REIT investing. Real estate investment trusts allow individuals to invest in income-producing and large-scale…
  • Pret A Manger-Reliance tie-up to force Indian café chains to smell the coffee
    27 jul 2022,financialexpress.com
    India may boast of the presence of several marquee international coffee chains, but none of them, with the possible exception of Starbucks, have been able to make much of an impact. The reasons are obvious; for one, India is largely a tea-drinking market, with coffee penetration still at just about 11%. Coffee remains largely an in-home consumption drink…
  • Retail sector sees robust recovery in Apr-Jun; leasing activity strong: Report
    27 jul 2022,livemint.com
    New Delhi: India’s retail sector reported robust transaction activity in the second quarter of 2022 driven by a revival in physical visits by consumers even as online shopping continued to record strong growth…
  • Indian E-Commerce Retail Logistics Market to be Worth $6.3 bn in FY26
    27 jul 2022,livemint.com
    The growth will be primarily driven by the Ecommerce retail market, which is expected to reach approximately $145 billion by FY26, with about 15 million daily shipments…
  • Retail sector bounces back in Q2, e-com retail to touch $145 billion by 2026
    27 jul 2022,newindianexpress.com
    Although supply addition was down by more than 50% Q-o-Q during the quarter, the report notes that H1 2022 saw a more than 500% increase in project completions compared to a year ago…
  • Women kirana partners lead deliveries for Flipkart in India’s remote areas
    27 jul 2022,business-standard.com
    The programme enables the kirana partners to make limited time-based deliveries contingent on their comfort and availability and has enabled large-scale participation from women…
  • Retail, e-commerce fuelling growth of warehousing & logistics: Sachin Haritash
    27 jul 2022,financialexpress.com
    In an exclusive interview, Sachin Haritash, Director, Chetak Logistics, talks about the evolving trends in logistics, especially in warehousing as a support function, and shares his business outlook…
  • Institutional investors bullish on commercial real estate
    27 jul 2022,financialexpress.com
    The large-scale investment by institutional investors is projected to fuel the accelerated growth of commercial realty…
  • Fractional platforms lower barrier for investing in commercial realty
    27 jul 2022,business-standard.com
    With corporates asking their employees to return to office, or work at least partly out of office, occupancy levels are rising. This bodes well for commercial real estate (CRE). According to ANAROCK Research, net absorption of office space was 34.06 million square feet (sq. ft.) in FY2021-22 across India’s top seven cities, up 60 per cent over FY2020-21, and at almost 80 per cent of the pre-Covid-19 level of 43 million sq. ft. in FY2019-20. Besides real estate investment trusts (REITs), an upcoming route that retail investors can take to participate in CRE is fractional platforms…
  • Rupa & Co scions take over Cloudtail’s home, kitchen and sports business
    26 jul 2022,retail.economictimes.indiatimes.com
    RetailEZ is among many new sellers that are taking over Cloudtail’s business following Amazon’s acquisition of the latter’s parent company Prione…
  • Colgate, Tide maker P&G rejig price tactics to keep cash-strapped shoppers
    26 jul 2022,retail.economictimes.indiatimes.com
    Oral care company Colgate-Palmolive Co will work with retailers to see if shoppers spend more when paychecks clear, generally in the first and third weeks of the month, head of investor relations John Faucher said. That suggests consumers face more financial stress and living paycheck to paycheck…
  • Century Textiles & Industries Q1 Results: Net income jumps 78% YoY to Rs 63 crore
    26 jul 2022,retail.economictimes.indiatimes.com
    The company’s Managing Director J C Laddha attributed the strong numbers to the high operational efficiency and improved market demand. The pulp and paper business has performed exceptionally well during the reporting quarter, especially with increased demand in the paper and tissue segment, he said…
  • Personalization at scale: Retailers’ profitable journey to growth
    26 jul 2022,retail.economictimes.indiatimes.com
    The speed and convenience offered by e-commerce post pandemic were the driving factors of consumption in the last 18 months. However, sustained growth in retail calls for personalization at scale and that requires a more refined approach and the will to adapt to understand the evolving customer needs and result in ROI for businesses…
  • E-comm retail logistics market projected at $6.3 bn by FY26: Report
    26 jul 2022,business-standard.com
    The growth will be primarily driven by the e-commerce retail market – expected to reach approximately $145 billion by FY26, with about 15 million daily shipments…
  • Godrej & Boyce bets on indigenous manufacturing, aims at 15-20% revenue growth in FY23
    26 jul 2022,retail.economictimes.indiatimes.com
    The diversified conglomerate intends to strengthen its position as a global source of manufacturing with the world looking at a “China plus” policy and is planning to increase its exports by 30 per cent year-on-year for the next two years, he said…
  • Indian diamond industry’s revenue set to fall 15-20% this fiscal year, Crisil says
    26 jul 2022,retail.economictimes.indiatimes.com
    Surge in Covid-19 cases has led to lockdowns in several regions in China, which is one of the largest consumers of Indian polished diamonds. Additionally, inflation and opening up of other avenues of discretionary spending, such as travel and hospitality, will dampen demand growth in the US and Europe in the near term…
  • Orient Electric Q1 profit soars over 3-fold, revenue up 47.2%
    26 jul 2022,retail.economictimes.indiatimes.com
    Its revenue from the electrical consumer durables segment was at Rs 445.34 crore in the June quarter, up 37.41 per cent, as against Rs 324.09 crore…
  • India second-largest phone manufacturer globally, shows govt data
    26 jul 2022,retail.economictimes.indiatimes.com
    India has emerged as the second-largest mobile phone manufacturer in the world with a 126% jump in production from financial year 2021 to fiscal 2022, shows government data…
  • Foreign tourists may soon get GST refund for local shopping
    26 jul 2022,timesofindia.indiatimes.com
    NEW DELHI: The government will soon begin a pilot to refund goods and services tax (GST) paid by foreign tourists visiting India as part of a move to implement a measure that is there in the statute…
  • What Are Real Estate Investment Trusts (REITs)? Benefits And Challenges
    26 jul 2022,outlookindia.com
    Embassy Office Parks Real Estate Investment Trust (Reit), India’s first Reit, expanded leased spaces in the April-June quarter, according to media reports…
  • When beauty weds social, business wins
    26 jul 2022,timesofindia.indiatimes.com
    They say beauty lies in the eyes of the beholder. We can debate that, but the way forward for the beauty market certainly lies in the marriage of social and commerce…
  • Retail Sales Up 13 pc in June; Sports Goods, Jewelry Log Strong Growth
    26 jul 2022,indianretailer.com
    Retailers of sports goods reported a 29 percent growth in business, while jewelers reported a strong 27 percent sales growth in the same period…
  • India’s Secure & Reliable Solution for Furniture Online with More than 15000 Designs: GKW Retail
    26 jul 2022,mid-day.com
    Longevity says how many generations it can pass to, quality and designs give the insight of how desiring and appealing can the furniture become and third and the most important factor nowadays is the elegance like how aesthetic look it creates with your entire home decor! How it renders positive vibes so that you never want to get out of your house…
  • Unicommerce is the toll gate to a smooth e-commerce highway
    26 jul 2022,livemint.com
    Pay-per-use model allows brands to access contemporary solutions and also manage technology costsIntegrated SaaS platform meets all technology needs to manage online operations…
  • Industrial real estate developer Panattoni plans to invest over $200 mn in India
    26 jul 2022,economictimes.indiatimes.com
    Panattoni, one of the largest industrial real estate developers in the world, plans to invest over $200 million in the India market by the end of the ongoing fiscal year…
  • Inflation a drag on ecommerce juggernaut
    25 jul 2022,retail.economictimes.indiatimes.com
    After multiple crests and troughs since the outset of the Covid-19 pandemic in India, ecommerce is seeing consumption growth moderating across categories, especially segments considered to be discretionary, multiple senior industry executives and analysts told ET…
  • Big FMCG companies enter plant-based meat segment
    25 jul 2022,retail.economictimes.indiatimes.com
    Last week, Tata Consumer Product Ltd (TCPL) announced its entry into the plant-based meat products category, under a new brand “Tata Simply Better” and introduced four variants – Nuggets, Burger Patty, Awadhi Seekh Kebab and Spicy Finger. According to the Tata group FMCG arm, plant-based meats are at the forefront of the broader plant protein landscape, aimed at replicating the sensory and cultural resonance of animal-derived meat, but without the associated implications to the environment and health…
  • Instacart founder Apoorva Mehta is calling it quits
    25 jul 2022,retail.economictimes.indiatimes.com
    Instacart announced that CEO Fidji Simo had been appointed as Chair of the Board of Directors, effective as Mehta moves out from the board once Instacart becomes a public company…
  • FMCG companies plan promotions, discounts amid reduction in input costs
    25 jul 2022,retail.economictimes.indiatimes.com
    The fast-moving consumer goods (FMCG) market expanded 7% in value and fell 5% in volume in the quarter ended June. While volumes have been falling for the past three quarters, value growth has started to taper off too, said companies. Over the past month, there has been a steep correction in two crucial commodities – crude and palm oil – that together account for more than half of companies’ input costs…
  • Jewellery company KGK Group expects 10-12% rise in revenue in FY23
    25 jul 2022,retail.economictimes.indiatimes.com
    The group recently acquired international brands like Martin Flyer and Gregg Ruth that assisted in their business growth augmenting the regional economy at large…
  • Officer’s Choice maker Allied Blenders and Distillers sees recovery in sales
    25 jul 2022,retail.economictimes.indiatimes.com
    The sales of alcoholic beverages were largely hit by shutdowns due to the Covid-19 pandemic and a couple of policy changes, he added…
  • Godrej & Boyce bets on indigenous manufacturing, aims at 20% revenue growth
    25 jul 2022,business-standard.com
    In its 125-year journey, Godrej and Boyce, the first Indian company to make typewriters, refrigerators and ballot boxes for Independent India’s maiden election, still considers indigenous manufacturing as one of its core areas to fuel growth, an official said…
  • ‘Day by day’: Trade bans, inflation send food prices soaring
    25 jul 2022,retail.economictimes.indiatimes.com
    As inflation surges around the world, politicians are scrambling for ways to keep food affordable as people increasingly protest the soaring cost of living. One knee-jerk response has been food export bans aimed at protecting domestic prices and supplies as a growing number of governments in developing nations try to show a nervous public that their needs will be met…
  • Vardhman Textiles Q1 reports net profit of 4.13% to Rs 313.35 crore
    25 jul 2022,business-standard.com
    The gross revenue of the company is Rs 2,731.01 crore which is higher by 44.25 per cent over the corresponding quarter of the FY22…
  • Rage Coffee eyes Rs 500 crore revenue by FY25-26; expects more contribution from international market
    25 jul 2022,business-standard.com
    In an exclusive interview with ETRetail, Bharat Sethi, founder and CEO of the company said, “Currently, we are present in more than 2500 stores across India and will reach about 10,000 point of sale retail touchpoints by the end of this year.”…
  • Digitisation of small businesses in India
    25 jul 2022,freepressjournal.in
    Synopsis: The success of e-commerce companies has previously shown how important it is for organisations to have a digital presence, the transition of which is accelerated by the COVID-19 pandemic. As per predictions by Technopak advisors, the retail industry in India will be worth roughly 1.5 trillion dollars. Tech startups are playing a significant role in this…
  • Local levies, supply chain distortion trigger widely varying inflation levels across states
    25 jul 2022,newindianexpress.com
    The Consumer Price Index (CPI)-based inflation rate for the month of June was as high as 10.5 per cent in Telangana and as low as 4.7 per cent in Bihar, while the national average stood at 7 per cent…
  • Reliance Retail’s net profit rise 114% in the June quarter while revenue expand 54%
    23 jul 2022,retail.economictimes.indiatimes.com
    Reliance’s retail division, which runs over 15,866 stores across groceries, consumer electronics and apparel, posted revenues of Rs 51,582 crore in the three months to June, with net profit at Rs 2,061 crore. The company said consumer spending got a boost as families indulged in leisure activities, socializing, festivities and shopping as the pandemic situation improved though sentiments remained cautious due to inflationary concerns…
  • Flipkart Rejig: Adarsh Menon to take over Shopsy, Cleartrip, used phone business
    23 jul 2022,retail.economictimes.indiatimes.com
    Long-time Flipkart executive Adarsh Menon will take over Flipkart’s new business verticals such as the social commerce venture Shopsy, travel platform Cleartrip, and recommerce (used or refurbished phones) business, reveals an internal memo sent by Flipkart group chief executive officer (CEO) Kalyan Krishnamurthy and people who were briefed on the matter…
  • Domino’s India may shift business away from delivery firms Zomato and Swiggy
    23 jul 2022,retail.economictimes.indiatimes.com
    The disclosure was made by Jubilant FoodWorks, which runs the Domino’s and Dunkin’ Donuts chain in India, in a confidential filing with the Competition Commission of India (CCI) which is investigating alleged anti-competitive practices of Zomato and Swiggy…
  • Indian smartphone market down 5% in Q2 on stifled demand, says new report
    23 jul 2022,retail.economictimes.indiatimes.com
    Top Chinese brands such as Oppo, Vivo and Xiaomi also struggled with government scrutiny along with financial problems, but the report notes that the business impact has been limited, with no major changes in the vendor shares…
  • Retailers bank on festive season to up sales
    23 jul 2022,retail.economictimes.indiatimes.com
    Although trade is on a recovery path, the retail sector, especially shopping malls, is banking heavily on the festival season to boost sales following the pandemic-induced slump…
  • Swan Energy’s textile division expands Ahmedabad plant capacity to 3 million metres per month
    23 jul 2022,retail.economictimes.indiatimes.com
    Talking to ET, Vivek Merchant, general manager, Swan Energy said “Recently, we have been presenting our fabric range to renowned brands, retail, ready made garment manufacturers, exporters, buying houses, large traders. We are working in collaboration with the large textile corporates to explore the possibilities growing commercially.”…
  • UAE accounts for 15 per cent of India’s gems and jewellery export
    23 jul 2022,retail.economictimes.indiatimes.com
    Shah was speaking at an event organised by the GJEPC and the Indian embassy in the UAE, which was the first-ever IJEX BSM in conjunction with this year’s IIJS Premiere roadshow on July 19 here…
  • Tata Consumer Products expands foods portfolio
    23 jul 2022,livemint.com
    Tata Consumer has launched plant-based meat products under the ‘Tata Simply Better’ brand name and extended its Tata Sampann brand to add nuts and dry fruits…
  • Crompton Greaves Consumer Electricals Q1 up 33% at Rs 125.95 crore
    23 jul 2022,retail.economictimes.indiatimes.com
    Consolidated revenue from operations in the first quarter stood at Rs 1,862.94 crore, as against Rs 1,050.48 crore in the corresponding period of the previous fiscal, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a regulatory filing…
  • Freedeem goes an extra mile to strengthen India’s retail ecosystem against the onslaught of e-commerce giants
    23 jul 2022,aninews.in
    New Delhi [India], July 22 (ANI/PNN): As the Central Government has expressed concern about the impact of e-commerce giants on small retailers in the country, Freedeem has gone above and beyond to strengthen India’s retail ecosystem with its first-of-its-kind digital platform…
  • Electrolux misses profit forecast hit by supply chain, North America loss
    23 jul 2022,retail.economictimes.indiatimes.com
    Europe’s biggest home appliances maker said it expected those supply chain constraints to ease in the second half of the year but warned of continued disruption risks ahead due to the coronavirus and war in Ukraine…
  • GOZOOP Group wins the Public Relations mandate for Infiniti Mall
    23 jul 2022,afaqs.com
    Independent marketing group, GOZOOP Group has bagged the public relations mandate for Infiniti Mall, Mumbai’s premier destination for shopping, entertainment and food…
  • Coffee with BS: What makes Ajay Bijli the Godfather of India’s multiplexes
    23 jul 2022,business-standard.com
    Things are looking good. And PVR posting its first profit this week, after two dark years, is the cherry on the cake…
  • SustainKart extends to offline with Flagship Store in Hyderabad
    23 jul 2022,indianretailer.com
    The Hyderabad-based Phygital startup has the vision to foster sustainable, environmentally-conscious habits by changing the spending patterns of Indians on their lifestyle goods…
  • CBDC Introduction in Phased Manner for Wholesale, Retail Sectors in the Works: Official
    23 jul 2022,news18.com
    The RBI has been able to conduct a pilot and subsequent issuance of CBDC with the passage of the Finance Bill 2022, the central bank has said…
  • Reliance Brands signs long-term distribution agreement with Valentino
    22 jul 2022,retail.economictimes.indiatimes.com
    Through this long-term partnership, Reliance Brands Limited (RBL) will partner with Valentino to open its first boutique in Delhi, followed by a flagship store in Mumbai…
  • Uttar Pradesh to see Rs 700 crore investment from Hindustan Unilever by 2025
    22 jul 2022,retail.economictimes.indiatimes.com
    During the inauguration of a spray dried detergent powder manufacturing unit of Hindustan Unilever India in the Harimpur district, Adityanath praised Bunelkhand’s progress, saying that it “is becoming a heaven on earth today,” and that it used to be a place “from where investors used to run away and youth used to flee”…
  • ITC likely to exit lifestyle retail segment, says Puri
    22 jul 2022,retail.economictimes.indiatimes.com
    ​Tobacco-to-FMCG-to-hospitality conglomerate ITC is finally exiting the lifestyle business, which it had entered almost two decades back under Wills Lifestyle brand. ITC chairman Sanjiv Puri on Thursday made it clear in no uncertain terms that in all practicality it is exiting the segment…
  • PVR Q1 Results: Firm swings to profit after two years; revenue jumps
    22 jul 2022,retail.economictimes.indiatimes.com
    ​Its revenue from operations rose to Rs 981.40 crore in comparison to a lower base of Rs 59.39 crore in the corresponding quarter last fiscal, when the screening business was disrupted due to the second wave of the coronavirus pandemic…
  • NRAI to issue advisories to members on service charge declaration on menu, in-store posters, tables
    22 jul 2022,retail.economictimes.indiatimes.com
    This follows the Delhi High Court staying guidelines issued by Central Consumer Protection Authority (CCPA) which prohibited restaurants and hotels from levying service charges on bills…
  • Emami acquires 30% stake in a pet-care startup Cannis Lupus Services
    22 jul 2022,retail.economictimes.indiatimes.com
    “The extensive knowledge and experience of pet care and pet training acquired by Cannis Lupus over the years would be helpful in developing and scaling up the business soon. Cannis Lupus under the brand ‘Fur Ball Story’ would thus be focusing on the fast-growing pet care segment with its Ayurvedic range,” the statement added…
  • E-commerce enabler GoKwik appoints Amitt Sharma as its chief customer officer
    22 jul 2022,retail.economictimes.indiatimes.com
    ​The company said he would help drive GoKwik’s vision to maximize the value delivery to its clients and would be responsible for creating an enablement layer within the team to scale best practices to fuel growth and retention initiatives…
  • Retail spreads its wings, but without much fashion
    22 jul 2022,retail.economictimes.indiatimes.com
    The share of homeware and department stores, entertainment and superstores have increased in overall leasing while the share of fashion and apparel fell significantly to 28% from 41% in the previous quarte…
  • ADB cuts India’s GDP growth forecast to 7.2% for this fiscal
    22 jul 2022,livemint.com
    BENGALURU : The Asian Development Bank on Thursday cut its economic growth forecast for India to 7.2% for 2022-23 from 7.5% estimated in April because of higher-than-expected inflation and monetary tightening. It also lowered the GDP growth estimate for 2023-24 to 7.8% from the 8% estimated earlier…
  • RIL Q1 results preview: Operating profit likely to record triple-digit growth on robust O2C biz
    22 jul 2022,livemint.com
    In Q1 of this fiscal, spike in petrol and diesel prices are likely to drive RIL’s refining margin which in turn will lead to strong growth in the O2C segment. RIL’s consolidated operating profit may record triple-digit growth due to robust O2C business…
  • Is the FMCG sector coming out of the woods?
    22 jul 2022,business-standard.com
    The FMCG sector went through a difficult phase in the last two years. But, after the recent drop in commodity prices, are things looking up for the sector now? Our next report takes a deep dive…
  • Skittles complies with local regulations: Mars
    22 jul 2022,retail.economictimes.indiatimes.com
    A spokesperson for Mars Wrigley India said: “While we do not comment on pending litigation, our use of titanium dioxide complies with FDA and local regulations.” The company, which makes Galaxy, Snickers, Twix and Bounty, in the country, said its use of ingredients is “as per defined limits”…
  • Domino’s Pizza profit sliced by higher costs, labor crunch
    22 jul 2022,retail.economictimes.indiatimes.com
    The world’s largest pizza chain has had to spend more on ingredients from grains to oil since the Russian invasion of Ukraine, adding to the headaches of a company already grappling with rising freight and labor expenses…
  • BIS asks consumers to buy toys bearing ‘ISI mark’
    22 jul 2022,retail.economictimes.indiatimes.comISI mark on a product certifies that product has been manufactured as per standards set by the BIS, which is a national standard setting body that functions under the Consumer Affairs Ministry…
  • Retailers bank on festive season to up sales
    22 jul 2022,timesofindia.indiatimes.comBENGALURU: Although trade is on a recovery path, the retail sector, especially shopping malls, is banking heavily on the festival season to boost sales following the pandemic-induced slump…
  • House of Candy wants everyone to feel like Charlie in the chocolate factory
    22 jul 2022,yourstory.com
    Delhi-based House of Candy is a confectionery brand that introduced the pick-and-mix concept for candies in India…
  • Online retail may hit Rs 4.9-trillion GMV this year: RedSeer report
    22 jul 2022,yourstory.comIn the India e-tailing GMV Index, there is a monthly growth comparison. In 2022, this was 60 per cent higher in April than April 2021…
  • Delhi HC stays guidelines that prohibited restaurants from levying service charges
    21 jul 2022,retail.economictimes.indiatimes.com
    The CCPA guidelines issued on July 4 stated that no hotel or restaurant shall add service charge automatically or by default in the bill and that the service charge shall not be collected from consumers by any other name…
  • No GST on 14 mass consumption items when sold loose
    21 jul 2022,retail.economictimes.indiatimes.com
    Defending the imposition of 5% GST on food articles such as cereals, rice, flour, pulses and curd, which are pre-packaged and labeled, FM Sitharaman said that it was a unanimous decision of the GST Council last month in which even non-BJP ruled states were present…
  • ITC to expand exports of FMCG products to aid growth in revenue, says MD Sanjiv Puri
    21 jul 2022,retail.economictimes.indiatimes.com
    Addressing shareholders in the company’s 111th annual general meeting held virtually on Wednesday, Puri said the company intends to scale up the FMCG portfolio and take these world-class brands to more overseas markets. “At present, we have already inked distribution agreements in 60 countries. Over time, such exports will add a significant contribution to revenue,” he said…
  • Emami Agrotech launches spices range across the country, eyes Rs 700-1000 cr revenue in 5 years
    21 jul 2022,retail.economictimes.indiatimes.com
    Emami Agrotech soft-launched its spice range three years back in West Bengal. Commenting on how the business has performed till now, Krishna Mohan Nyayapati, Director of the company said “Except for the time we were impacted by COVID, the brand has been taken up very well. We have ticked all the boxes of the brand being well accepted by the consumer and got the right advertising and distribution mix. We have now ventured into other parts of the country.”…
  • Higher customs duty to hit gold jewellery demand this fiscal: Report
    21 jul 2022,retail.economictimes.indiatimes.com
    According to the report, the customs duty hike is likely to lead to higher gold prices for end consumers and may curtail demand in terms of volume, which is likely to fall by 5 per cent this fiscal to 550 tonnes. In the year-ago period, the same stood at 580 tonnes…
  • Logistics startup Shipway launched 5-in-1 App to boost shipping capabilities for D2C ecosystem
    21 jul 2022,retail.economictimes.indiatimes.com
    Recently, the Indian eCommerce market has seen epidemic growth. Loads of direct-to-consumer(D2C) companies are entering the market every day. Some of them see the light of the day and become unicorns while some of them get lost in the dark…
  • Hatsun Agro breaches Rs 2,000 crore sales mark in April-June quarter
    21 jul 2022,retail.economictimes.indiatimes.com
    Strong sales recovery in the domestic market post the COVID-19 pandemic with good summer sales led to highest ever quarterly sales volume, company chairman RG Chandramogan said in a statement here…
  • Swiggy may get Oyo’s Rohit Kapoor to head food delivery business
    21 jul 2022,financialexpress.com
    Prior to working with SoftBank-backed OYO, Kapoor was employed at consulting firm Mckinsey&Co for over 10 years. He has also had a short stint with Max India Limited and group companies…
  • Burger Singh raises Rs 30 crore in series A funding round
    21 jul 2022,retail.economictimes.indiatimes.com
    Prior to working with SoftBank-backed OYO, Kapoor was employed at consulting firm The company aims to deploy these funds towards its growth plans to launch an additional 120 food court outlets in FY 23. Also, the brand said the latest funds will be used to expand the business and support existing franchise owners…
  • Havells Q1 net profit rises to Rs 243 crore
    21 jul 2022,retail.economictimes.indiatimes.com
    Havells India Chairman and Managing Director Anil Rai Gupta said the company has a “robust revenue growth” in first quarter of FY23 over the corresponding quarter, which was disrupted by the second wave of the pandemic…
  • Co-retailing shaping the retail landscape; Developers innovating with the format
    21 jul 2022,financialexpress.com
    One recent concept that is emerging in the Indian context is that of co-retailing, where two or more than two brands share a retail space, thus adding to the lucrativeness of the proposition being offered…
  • Gold jewellery retail volumes may fall 5% in FY23: Crisil
    21 jul 2022,fortuneindia.com
    Though higher gold prices will compensate for the volume loss and ensure the industry’s revenue remains flat year-on-year, operating margins would be impacted…
  • FM Nirmala Sitharaman clarifies on GST rates on certain items, says decision taken to curb tax leakage
    20 jul 2022,retail.economictimes.indiatimes.com
    Finance Minister Nirmala Sitharaman on Tuesday took to Twitter to clarify the decisions taken by the GST Council in its 47th meeting. The council recommended reconsidering the approach for the imposition of GST on specified food items like pulses, cereals, flour etc…
  • HUL Q1 Results: Profit jumps 11% YoY to Rs 2,289 crore, beats estimates; revenue rises 19.5%
    20 jul 2022,retail.economictimes.indiatimes.com
    The company said its Home Care segment delivered 30 per cent growth driven by strong performance in Fabric Wash and Household Care. Both categories grew in high double-digits, with all parts of the portfolio performing well, it said…
  • Amul cooperative’s group turnover rises 15 pc to Rs 61,000 crore
    20 jul 2022,retail.economictimes.indiatimes.com
    According to the federation, GCMMF and its constituent member unions registered a group turnover of Rs 61,000 crore in 2021-22, a rise of Rs 8,000 crore compared to Rs 53,000 crore in 2020-21…
  • FMCG companies see rural demand revival
    20 jul 2022,retail.economictimes.indiatimes.com
    Edible oil and packaged commodity firm Adani Wilmar reported 10-12% incremental sequential growth so far in July over June. Executives of Emami and RSPL Group, which owns Ghari brand of detergent and Venus soap, said the recovery will gather pace now…
  • Indians spending less due to reduced income: Godrej Consumer Products
    20 jul 2022,retail.economictimes.indiatimes.com
    A top executive of GCPL said reduced discretionary spending is a bigger concern than inflation to the Fast Moving Consumer Goods (FMCG) industry. The affected people are rebuilding their savings which got exhausted or decreased on medical or funeral expenses during the pandemic, the executive added…
  • HC for Centre’s stand on CCPA guidelines prohibiting restaurants from levying service charges
    20 jul 2022,retail.economictimes.indiatimes.com
    The petition filed by the National Restaurant Association of India (NRAI) challenged the CCPA’s July 4 guidelines which barred hotels and restaurants from levying service charges automatically or by default in food bills…
  • Shopify partners with YouTube to shore up sales from content creators
    20 jul 2022,retail.economictimes.indiatimes.com
    The partnership, which builds on an existing one with Google, will allow merchants to integrate their online stores with YouTube, which reaches over two billion monthly users…
  • Reducing variability in D2C supply chain with inventory placement solutions
    20 jul 2022,retail.economictimes.indiatimes.com
    Commenting on what D2C supply chains of today are doing differently to offer an improved customer experience, Meghana Narayan, co-founder, Slurrp Farm said that the third party logistics providers and innovations in supply chain have supported the growth of personalisation in D2C…
  • Companies make over 25 kg packs to avoid 5% GST
    20 jul 2022,retail.economictimes.indiatimes.com
    The CBIC on Sunday clarified that pre-packaged food items weighing more than 25 kg in a single packet would be exempted from GST. The 5% levy on smaller packets came into effect Monday…
  • Inflation and market condition are still concerns; says HUL CMD Sanjiv Mehta
    20 jul 2022,retail.economictimes.indiatimes.com
    “The (FMCG) market volume growth still remains minus 5 per cent in the last three months. It hasn’t gone away. It hasn’t turned positive at all and the value growth is of course 7 per cent,” Hindustan Unilever MD and CEO Sanjiv Mehta said on Tuesday…
  • DLF Aims To Double Retail Presence In 4-5Yrs, Building New Malls: Chairman Rajiv Singh
    20 jul 2022,outlookindia.com
    At present, DLF has a retail footprint of 42 lakh square feet comprising eight properties, including malls and shopping centres, mainly across Delhi-NCR…
  • Iconic Madame Tussauds wax museum returns, this time in Noida
    20 jul 2022,financialexpress.com
    The house of wax that had closed its doors during the pandemic is now back in business with a fresh perspective and great expectations. Madame Tussauds India reopened at a new location – DLF Mall of India in Noida — on Tuesday, unveiling its wax figures from their earlier venue at Connaught Place…
  • Enabling commercial spaces for EVs: Five reasons why
    20 jul 2022,timesofindia.indiatimes.com
    Here is some data to chew on. In its Electric Vehicle Outlook 2022 report, Bloomberg NEF projects that plug-in vehicles are predicted to make up 23% of new passenger vehicle sales globally in 2025…
  • Lulu Mall’s parent company has Rs 14,000 crore expansion plans in India
    20 jul 2022,businesstoday.in
    While announcing the launch of the Lulu Mall in Lucknow in February 2018, Yusuffali MA, Chairman and Managing Director of Lulu Group told Prime Minister Narendra Modi that the group has earmarked $2 billion or Rs 14,000 crore for the Indian market…
  • Starting with one store, how PVR-backed 4700BC Popcorn expanded to nine countries
    20 jul 2022,yourstory.com
    Chirag Gupta, founder of premium gourmet popcorn brand 4700BC Popcorn, talks about building a premium snacking brand, fighting all odds, and taking the Indian brand international…
  • KISNA plans rapid retail expansion across India
    20 jul 2022,retail4growth.com
    Giving a sneak peek of the proposed KISNA store design with a 3D walk-through of the franchise model, as part of its 18th anniversary celebrations at Kisnaya 2022,KISNA Real Diamond and Gold Jewellery revealed that it aims to further strengthen associations with new and existing retailers throughrapid franchise expansion across India in the near future…
  • Victoria’s Secret to open physical store in Mumbai, India
    20 jul 2022,retail-insight-network.com
    The retailer plans to expand its store network in the country over the next three to five years…
  • Storyboard18 | Future Group’s Pawan Sarda joins farm-to-retail brand Wingreens
    20 jul 2022,moneycontrol.com

    Pawan Sarda, who was Future Group’s chief marketing officer (CMO) quit the company to join D2C-born brand Wingreens as CMO and head of direct-to-consumer…

  • Snapdeal’s launch on ONDC next month to cover more than 2,500 cities and towns
    19 jul 2022,retail.economictimes.indiatimes.com
    At the time of launch, more than 2,500 cities and towns across the country will be enabled for access and more cities and towns will be added as per ONDC network expansion during the year…
  • Pre-packaged food set to become dearer by 5-8%
    19 jul 2022,retail.economictimes.indiatimes.com
    ​​The levies come at a time when commodity costs had been cooling down, which had led companies to state they would not increase prices further, and on the eve of the festive season when consumption peaks…
  • It is boom time for dairy sector; Amul’s Q1 growth is over 36%: MD
    19 jul 2022,retail.economictimes.indiatimes.com
    “Among all the food items, the minimum price increase has happened in milk, only 8-9% in the last one and a half-two years. Amul or the other cooperatives or the dairy sector is also paying around 8% to 9% more price for milk compared to previous year. But then the cost of production of milk for the farmer has increased around 15% to 20% because the cattle feed ingredients.”…
  • Mall operators don’t have room for brands with poor sales
    19 jul 2022,retail.economictimes.indiatimes.com
    Listed retailers are expected to post strong double-digit sales growth in the quarter ended June, the first disruption-free quarter for the retail sector after two years of Covid-19 impact in the base quarter…
  • The future of food retail is organic
    19 jul 2022,retail.economictimes.indiatimes.com
    Over the last couple of years, the growth in demand for organic foods in India is driving a huge shift in terms of awareness, pricing, and transparency expectations among retail consumers. With consumers today becoming increasingly mindful and conscious about the products they buy, brands and grocers now need to align every stage of the value chain to a discerning market and government regulations…
  • Retailers report slow growth rate as inflation starts impacting consumer spending
    19 jul 2022,retail.economictimes.indiatimes.com
    In June 2022, the growth in sales compared to pre-pandemic time (June 2019) is noticeable across regions too with sales in East India growing to 17%,North India showing a growth of 16%, West India indicating 11%, and South India showing a growth of 9%. The headwinds of inflation on consumer spending is still a worry and may impact the upcoming festive fervour, said RAI…
  • Reducing variability in D2C supply chain with inventory placement solutions
    19 jul 2022,retail.economictimes.indiatimes.com
    Commenting on what D2C supply chains of today are doing differently to offer an improved customer experience, Meghana Narayan, co-founder, Slurrp Farm said that the third party logistics providers and innovations in supply chain have supported the growth of personalisation in D2C…
  • Supply chains inching back to normal brace for headwinds of softer demand
    19 jul 2022,retail.economictimes.indiatimes.com
    Citi cautioned against declaring an “all clear” on the supply front, and there are reasons to doubt whether clogs in the plumbing of global trade will be cleared any time soon — as the following lineup of charts illustrates…
  • Victoria’s Secret to launch its first offline store in Mumbai, plans to open 10 stores in 3-5 years

    19 jul 2022,retail.economictimes.indiatimes.com
    The store will be spread across an area of 5,000 square feet and will host three brand categories – Victoria’s Secret which is the flagship lingerie range of the retailer, Victoria’s Secret Beauty which sells perfumes and body care products and Victoria’s Secret Pink which sells intimate wear along with athleisure wear…

  • Homegrown cosmetics brands have room for further growth
    19 jul 2022,livemint.com
    Building a brand in the country’s beauty market has historically been harder than building one in its personal care space, where we have seen the mushrooming of many more brands…
  • Aero mall to come up at Pune airport
    19 jul 2022,hindustantimes.com
    Pune: Pune airport will set up retail and co-working centre “Aero Mall” at the new building having multilevel car parking facility (MLCP). The shopping mall-cum-co-working space is expected to be launched on October 15…
  • SustainKart launches first flagship store in Hyderabad
    19 jul 2022,uniindia.com
    Hyderabad, July 18 (UNI) SustainKart, India’s first ecommerce marketplace for sustainable products, on Monday announced the launching of its maiden flagship store in Hyderabad…
  • BlueStone Expands Offline Presence, Opens 100th Store
    19 jul 2022,indianretailer.com
    Across India, the company is now present in 38 cities majorly across Maharashtra, Karnataka, Uttar Pradesh and New Delhi…
  • Bhima Jewels expands offline presence, Opens Stores In Hyderabad
    19 jul 2022,indianretailer.com
    Besides the flagship store at Somajiguda and the second store at AS Rao Nagar, more stores will soon come up at Kukatpally, Dilsukhnagar and other locations spread across Telangana and Andhra Pradesh…
  • Tanishq expands retail presence in south India with store in Tamil Nadu
    19 jul 2022,fashionnetwork.com
    The new store is spread across an area of 7000 sq ft and houses over 4000 designs across gold, diamonds, solitaires, and platinum…
  • V-Mart announces 70% off on select merchandise in ‘Happiness Sale’
    19 jul 2022,fashionnetwork.com
    Gurugram, July 18: Leading value-fashion retailer, V-Mart, has announced its end-of-season sale (EOSS) event applicable to its 392 stores spread across the country. This sale period is a unique opportunity for fashion discerning customers who are looking to refresh their wardrobe at a pocket-friendly price…
  • Mango Clocks $1.2B First Half, Looks to Teens for Growth
    19 jul 2022,sourcingjournal.com
    Zara and Pull & Bear parent Inditex saw significant revenue growth of 36 percent to $7.2 billion in the second quarter on $822.6 million in net profit, even as its Russian and Ukrainian operations remains on pause. Chief rival H&M also shrugged off these market closures to reel in $5.3 billion in sales, a 17 percent jump on the prior-year figures on $360 million in profit…
  • ‘India’s first shopping mall-cum-coworking facility to come up in Pune’
    18 jul 2022,business-standard.com
    India’s first shopping mall-cum-coworking facility, housing some of the niche retail brands, is expected to be launched in Pune in mid-October, according to Anarock Retail…
  • KDM India’s CEO, Nilesh Mali Gets Honoured With Bharat Gaurav Award For Contributing In The Success Of Make In India Campaign
    18 jul 2022,telegraphindia.com
    Nilesh Mali, KDM India’s CEO is one of the most prominent businessmen in India. Ever since he started KDM in 2011, he has been serving the demands of a huge section of the Indian demographic with great quality and economical mobile accessories. With this, he’s not just helping a huge population meet their lifestyle-related demands, he’s also helping the national economy and boosting the Make In India program…
  • Supertech puts on sale two hotels, two malls to raise Rs 1,000 crore for completing projects
    18 jul 2022,realty.economictimes.indiatimes.com
    In a statement, Noida-based Supertech Ltd said that the company has put its assets — shopping malls and hotels — in Meerut and Haridwar on sale with the “target of raising funds to the tune of Rs 1,000 crore.”…
  • CBIC clarifies ambiguity on GST on pre-packaged items, new rates from Monday
    18 jul 2022,realty.economictimes.indiatimes.com
    Also the clarification said that if several packages intended for retail sale to the ultimate consumer, say 10 packages of 10 Kg each, are sold in a larger pack, then GST would apply to such supply. Such a package may be sold by a manufacturer through a distributor…
  • Wine producer Sula Vineyards files IPO papers with Sebi
    18 jul 2022,retail.economictimes.indiatimes.com
    The Nashik-based wine maker is one of the fastest growing alcoholic beverage companies in India as of March 31, 2021 and has grown at a CAGR of 13.7 per cent between fiscals 2011 and 2021, according to Technopak report as mentioned in the DRHP…
  • Electronic industry given option to declare some mandatory details on package via QR code
    18 jul 2022,retail.economictimes.indiatimes.com
    The additional mandatory declarations such as the address of the manufacturer or packer or importer, the common or generic name of the commodity, the size and dimension of the commodity and customer care are allowed through QR code…
  • Flour, pre-packed food to attract 5% GST
    18 jul 2022,retail.economictimes.indiatimes.com
    Flour, curd and pre-packed food items are set to get costlier from Monday as the customers will have to pay 5 per cent GST on them…
  • Festive hiring spurts 25-30% after 2-year gap
    18 jul 2022,retail.economictimes.indiatimes.com
    Most of the staffing is for last-mile delivery, supply chain, warehousing, customer service and manufacturing. “We are hiring across a wide range of roles in supply chain, such as sorter, picker, data entry operator and delivery executives,” said a spokesperson for online fashion, electronics and household products platform Flipkart…
  • Grameen e-Store’s turnover jumps 100% to Rs 581 crore
    18 jul 2022,retail.economictimes.indiatimes.com
    ​​“In 2021-22, we enabled and turned more than 3.16 lakh village level entrepreneurs (VLEs) of CSC to turn into Grameen e-store. Of that, nearly 1.25 lakh were regularly active and placed orders for various products from distributors,” a senior government official said…
  • Ensuring faster D2C deliveries with analytics and warehouse management
    18 jul 2022,retail.economictimes.indiatimes.com
    Presenting his views, Shankar Prasad, founder and CEO, Plum Goodness, said that with 3PL the evolution has been quite heartening. From the initial horizontal expansion of adding more pin codes to developing the ability to process returns, there have been a lot of technology based interventions in the industry, said Prasad adding that “What we need is same day delivery to be democratized.”…
  • Consumer sentiment among urban Indians dips in July: Survey
    18 jul 2022,livemint.com
    NEW DELHI: Consumer sentiment among urban Indians dipped in July after showing improvement in June, according to the monthly India Refinitiv-Ipsos Primary Consumer Sentiment Index released Friday…
  • Q1 GDP growth seen at 14-15% on services’ revival
    18 jul 2022,retail.economictimes.indiatimes.com
    The median estimate in the poll of 10 economists was 14.43%. It pegged FY23 growth at 7.2-7.6%. The Reserve Bank of India (RBI) has forecast 16.2% GDP growth for the first quarter and 7.2% for the fiscal year…
  • Brands now rope in regional influencers to win over small towns, villages
    18 jul 2022,retail.economictimes.indiatimes.com
    Influencer marketing is changing the rules of brand outreach as social media has emerged as one of the primary influences for people in non-metro regions to make buying decisions, experts said…
  • Footwear brand Plaeto raises funds from Florintree, others
    18 jul 2022,livemint.com
    MUMBAI : Bengaluru-based Plaeto, a D2C footwear brand for children, has raised Rs40 crore in a Series A round of funding led by former Blackstone India private equity co-head Mathew Cyriac’s Florintree Advisors and other investors…
  • Tea producers reinvent business, adapt online blend for consumer connect
    18 jul 2022,business-standard.com
    Data available on the Tea Board website showed that India’s production in 2020-2021 had stood at 1,283.03 million kg and volumes at the auctions were around 547 mkg…
  • MeitY flags revenue dept’s move to levy customs duty on phone display parts
    18 jul 2022,retail.economictimes.indiatimes.com
    The seeming differences in views between the two departments, government and industry executives say, is relevant for duty evasion notices that the Directorate of Revenue Intelligence (DRI) has served on Chinese smartphone majors Oppo and Vivo…
  • Metro AG: In deal season, German cash & carry chain feels the heat in India
    18 jul 2022,business-standard.com
    The low-profile German cash & carry chain is suddenly finding itself at the centre of controversy as negotiations for the sale of its India business get underway…
  • Desi e-tools aiding financial inclusion
    18 jul 2022,business-standard.com
    NEW DELHI: India has witnessed a revolution in the digital payment space aided by the massive adoption of smartphones. The demonetisation move announced by the Centre in 2016 and the Covid-19 pandemic have triggered deeper acceptance of digital modes of payment and led to faster financial inclusion across the country…
  • This woman entrepreneur started up in her 40s and built a Rs 40 Cr turnover global ethnic wear brand
    18 jul 2022,yourstory.com
    Started in 2010 by entrepreneur Sheetal Kapoor and her husband Sandeep, Delhi-based Shree is a global Indian ethnic wear brand, with over 100 stores across India and Dubai…
  • Oberoi Realty posts net profit of Rs 403.08 crore in Q1 FY23
    16 jul 2022,realty.economictimes.indiatimes.com
    The company’s net consolidated income stood at Rs 934.81 crore in Q1 FY23, a growth of 217 per cent from Rs 294.77 crore it recorded in the similar quarter last year…
  • Egrocer BigBasket’s revenue crosses Rs 7,000 crore in FY22, losses jump four times
    16 jul 2022,realty.economictimes.indiatimes.com
    Its total expense jumped 26% on year to Rs 7,931 crore in FY22. BigBasket runs on an inventory-led model and its biggest expense was the cost of goods, which increased 7% to Rs 5,807 crore…
  • LG Electronics becomes the leader in dual inverter AC market
    16 jul 2022,realty.economictimes.indiatimes.com
    The achievement comes at a time when LG has committed to invest into manufacturing of AC components like compressors and heat exchangers in India under the government’s flagship Production Linked Incentive (PLI) scheme. This will be the first time the company will be manufacturing these components in the country. Deepak Bansal, vice president (home appliances and air conditioner) at LG Electronics India said, LG was the first company to shift its entire AC product portfolio to inverter technology way back in 2016…
  • Xiaomi India elevates Murlikrishnan B to president, Raghu Reddy made sales head
    16 jul 2022,retail.economictimes.indiatimes.com
    Murlikrishnan B, who was the chief operating officer, will now be responsible for the day to day operations, services, public affairs, strategic projects, India’s smartphone market leader said in a statement Friday…
  • Nokia phone maker HMD to focus on affordable 5G market in India: Florian Seiche, CEO
    16 jul 2022,retail.economictimes.indiatimes.com
    Nokia phone maker HMD to focus on affordable 5G market in India: Florian Seiche, CEO…
  • KFC appoints Moksh Chopra as GM, India, Nepal, Bangladesh, Sri Lanka, Maldives
    16 jul 2022,livemint.com
    NEW DELHI: Fast food chain KFC India on Friday announced the appointment of Moksh Chopra as the chain’s general manager in India, Nepal, Bangladesh, Sri Lanka and Maldives, effective 15 July…
  • Relief for FMCG cos as input prices ease
    16 jul 2022,livemint.com
    NEW DELHI : Cooling commodity prices are expected to ease the pressure on packaged consumer goods companies, which have taken a series of price hikes to protect margins, company executives and industry analysts said, even though consumers will have to wait longer for relief…
  • Amazon reducing its private-label items as sales fall – WSJ
    16 jul 2022,retail.economictimes.indiatimes.com
    The company has also discussed the possibility of exiting the private-label business entirely to alleviate regulatory pressure, the report added. Amazon, however, said it has never considered closing the private label business…
  • Gartex Texprocess joins hands with Maskati Cloth Market Mahajan
    16 jul 2022,retail.economictimes.indiatimes.com
    Messe Frankfurt Trade Fairs India and MEX Exhibitions have announced their association with FABEXA, an arm of Ahmedabad’s nodal textile trade body Maskati Cloth Market Mahajan for the Delhi edition of Gartex Texprocess India 2022…
  • Uniqlo owner posts record quarterly profit, lifts annual forecast
    16 jul 2022,retail.economictimes.indiatimes.com
    Operating profit for the three-month period to the end of May jumped 37% from a year earlier to 81.8 billion yen ($587.4 million), an all-time high, the company said in a statement, as it lifted forecasts for sales and earnings for the full fiscal year…
  • Skincare brand Inde Wild enters India in partnership with Nykaa
    16 jul 2022,retail.economictimes.indiatimes.com
    The launch comes amid a slew of international beauty brands like Canada-based The Ordinary also entering the domestic market in partnership with Nykaa…
  • Voltas sells close to 1.2 million units of AC in the first half of 2022
    16 jul 2022,retail.economictimes.indiatimes.com
    The company registered over 60 per cent volume growth in AC sales during the period H1 CY22, and a “triple digit volume growth” in Q1 FY23, it added…
  • Bluestone opens its 100th retail store in India
    16 jul 2022,fashionnetwork.com
    Leading fine jewellery brand Bluestone has strengthened its retail presence with the launch of 100th store in City Centre in Siliguri, West Bengal…
  • Nilesh Mali’s brand KDM offers affordable lifestyle products to remote Indian markets

    16 jul 2022,indiatoday.in
    Nilesh Mali is one of the biggest businessmen in India. His story from rags to riches is just incredible, and the way he has moved towards success step by step is an inspiration to many. The genius entrepreneur based in Jalour, Rajasthan came to Mumbai when he was very young. Being from a humble background, he didn’t have strong options and hence, started doing odd jobs at retail shops. Taking small but strong steps from there, he started his own company named KDM in 2011…
  • M3M India, a game changer in luxury, residential and retail sector
    16 jul 2022,indiatoday.in
    Gurugram: The real estate sector has witnessed significant growth in both the residential as well as commercial sector in the year 2021-22…
  • Retail Samvad Industry Leaders Advocate for an Industry Status and an Integrated Retail Policy for the Retail Sector in India
    16 jul 2022,theweek.in
    In continuation of its efforts to future-proof small retailers, Kiranas and MSMEs through constructive policy-making, the Federation of Indian Chambers of Commerce & Industry (FICCI) and the Center of Policy Research…
  • Bhima Jewels Opens Stores In Hyderabad; Plans Rs 1000 Cr Investment
    16 jul 2022,theweek.in
    Hyderabad : Bhima Jewels, the leading retailer in Gold & Diamond Jewellery, with over 50 stores across India & UAE, has opened two State-of-the-art jewellery retail outlets in Hyderabad, the City of Pearls. Malla Reddy, Minister for Labour and Employment, inaugurated the store…
  • Singapore’s GIC to invest Rs 2,800 crore in Bhartiya Group’s Bengaluru project
    15 jul 2022,realty.economictimes.indiatimes.com
    The Bhartiya Group will use the money to repay part of its debt, they said. “The firm has a debt of over Rs 1,000 crore against the commercial development,” said one of the persons cited earlier…
  • Adani Group to buy land from K Raheja Corp for Rs 1,500 crore
    15 jul 2022,realty.economictimes.indiatimes.com
    In February 2021, Adani Group’s flagship company Adani Enterprises entered into a 50:50 joint venture with EdgeConneX to develop and operate data centers throughout India…
  • Colliers appoints Peush Jain as managing director for office services
    15 jul 2022,realty.economictimes.indiatimes.com
    “Peush will focus on leasing, tenant representation, portfolio assessment and acquisitions for occupiers,” said Ramesh Nair, CEO, India, Colliers…
  • Marico expects better demand, margin in H2FY23 on likely cooling of commodity prices
    15 jul 2022,realty.economictimes.indiatimes.com
    On the margin front, Marico, which has oil brands such as Saffola and Parachute in its portfolio, said there is “some degree of comfort” given that copra price, which constitutes about half of its raw material basket, is expected to remain benign…
  • Four Dabur brands cross Rs 1,000 crore sales and two over Rs 500 crore
    15 jul 2022,realty.economictimes.indiatimes.com
    The four brands are Dabur Amla, Dabur Vatika, Dabur Red Paste and juice brand Real. For the financial year ended on March 31, 2022, Dabur India’s revenue from operations was at Rs 10,889 crore, witnessing the highest annual revenue growth in the last eight years…
  • CBIC brings simplified regulatory framework for e-commerce jewellery exports via courier
    15 jul 2022,retail.economictimes.indiatimes.com
    The simplified regulatory framework for e-commerce exports of jewellery through courier mode has been issued on June 30 by the Central Board of Indirect Taxes and Customs (CBIC) in the form of a Standard Operating Procedure (SOP)…
  • Wipro Consumer Care forays into packaged food business
    15 jul 2022,retail.economictimes.indiatimes.com
    Wipro Consumer Care & Lighting CEO Vineet Agrawal said, “Our decision to enter packaged food business would complement our existing categories in personal care, thus building a complete offering in the FMCG space in India.”…
  • Spices to soaps: Prices of consumer items have spiked up to 32% in a year
    15 jul 2022,business-standard.com
    Consumer-focused companies have been left with few options but to increase the prices of their products as input costs mount because of various factors, including supply chain disruptions. This has been affecting monthly household budgets…
  • Flipkart ventures into NFTs with Nothing’s airdrop
    15 jul 2022,livemint.com
    Nothing is a UK- based consumer electronics brand which launched its first smartphone Nothing Phone 1 this week. To create hype around the launch, the company has released an NFT collection called Nothing Community Dots and is using the Polygon blockchain to host it…
  • India’s June WPI inflation comes in at 15.18%
    15 jul 2022,retail.economictimes.indiatimes.com
    The high rate of inflation in June, 2022 is primarily due to rise in prices of mineral oils, food articles, crude petroleum & natural gas, basic metals, chemicals & chemical products, food products etc. as compared to the corresponding month of the previous year…
  • Footwear brand Neeman’s conversion rates increase 30% post GoKwik partnership
    15 jul 2022,retail.economictimes.indiatimes.com
    Conversion rate is the percentage of visitors to an e-commerce website and buying products. On average, the conversion rate for most e-commerce sites is about 3% globally. Neeman’s entered into a partnership with Sequoia-backed GoKwik in July last year to use the latter’s technology in improving conversion rates and boosting profitability…
  • The 10-minute delivery creates massive competition for those in the Food & Beverages industry
    15 jul 2022,retail.economictimes.indiatimes.com
    In India, the industry has always been considered a highly competitive market. Nowadays, as technology advancements are emerging with new trends, the industry is evolving with new products and services. The average cooking time is about 15-20 minutes for quick snacks, brands will not be able to reduce that, since consumers expect fresh food and this will always be the imperative factor for any cloud kitchen or restaurant…
  • Tata Consumer Products enters honey and preserves segment through Himalayan brand
    15 jul 2022,retail.economictimes.indiatimes.com
    “In line with the brand credentials, both these new product offerings are being sourced from the Himalayan belt,” the Tata group’s FMCG arm said in a statement…
  • Funskool to manufacture Chhota Bheem toys in India
    15 jul 2022,retail.economictimes.indiatimes.com
    R Jeswant, CEO – Funskool India Ltd said, “We are excited to add Chhota Bheem to our well established manufacturing and distribution capabilities. Our existing scale and distribution network establishes an ideal platform to achieve the full potential of Chhota Bheem in India and will address the significant unmet needs of the portfolio of products.”…
  • Necessary info on QR code compulsory on packaging of electronic goods
    15 jul 2022,retail.economictimes.indiatimes.com
    If not mentioned as QR code, the information should be part of the packaging, said the rules called the Legal Metrology (Packaged Commodities) (Second Amendment) Rules, 2022, notified by the ministry. These shall come into force right away…
  • Inside India’s quest to ride quantum wave
    15 jul 2022,livemint.com
    NEW DELHI : If India achieves its target of about 30 million electric vehicles in the next two years, it will also need many more electric charging stations. But how does one identify the best location for these stations? Should they be placed at existing gas stations, malls, or metro stations?…
  • M3M India: A dominant player in luxury, residential and retail sector
    15 jul 2022,timesofindia.indiatimes.com
    Gurugram: The real estate sector has witnessed a significant growth in both the residential as well as commercial sector in the year 2021-22. According to IBEF report…
  • The Story of Nykaa, India’s Best Beauty Retail Platform
    15 jul 2022,inventiva.co.in
    The value of the Indian cosmetics market, which was $1.3 billion in FY2020, is expected to increase by a double-digit CAGR of 16.39 per cent through FY2026 to reach $2.89 billion…
  • Raymond appoints Atul Singh as executive vice chairman of the Group
    14 jul 2022,retail.economictimes.indiatimes.com
    Singh is a consumer industry veteran with over 35 years of experience leading multi-billion dollar businesses across several geographies globally. He had worked with Coca-Cola for about two decades at several senior leadership positions and concluded his journey there as Chairman, Asia Pacific and spearheaded businesses across 25 countries…
  • Dabur buys entire stake in Asian Consumer Care
    14 jul 2022,retail.economictimes.indiatimes.com
    Dabur held 76% in the firm before acquisition of the remaining 24% held by Advanced Chemical Industries through Dabur International. The company has acquired 24% for Rs 60 crore Bangladeshi taka which, according to the present exchange rate, comes to around ₹51 crore…
  • Retail majors may see best quarter since Covid
    14 jul 2022,retail.economictimes.indiatimes.com
    While footfalls remained below the pre-Covid levels in the June quarter, price increases and bigger purchase sizes boosted sales of marketers, analysts and retailers said…
  • India one of the key markets, says Nothing’s Carl Pei
    14 jul 2022,retail.economictimes.indiatimes.com
    Speaking to ET, Pei said that being a small player offers Nothing an opportunity in the smartphone market. He added that his biggest learning from his past stint with OnePlus was product differentiation.”India is really important to us…we have a very good relationship with Flipkart. So, India will be in the first wave of launch countries. It is definitely one of the key markets,” Pei said…
  • The hype around Q-commerce
    14 jul 2022,retail.economictimes.indiatimes.com
    What used to once take 30-45 mins for delivery is now being delivered in 10-20 mins. “Zepto”, the new wonder kind on the block created this “quick commerce” model to ensure that the goods are delivered in the fastest instance – by setting up mini-warehouses in neighborhood clusters, thereby making quick milk-runs possible…
  • New Amazon shopping cart lets users scan & pay to skip checkout lines
    14 jul 2022,retail.economictimes.indiatimes.com
    “We’ve built the updated version of the Dash Cart to continue to offer the features people love most, like real-time receipts and the ability to weigh produce directly in the cart’s basket, alongside new conveniences and behind-the-scenes technology advancements,” said Dilip Kumar, Vice President, Physical Retail and Technology…
  • Inflation in India to be about 5% by March 23
    14 jul 2022,retail.economictimes.indiatimes.com
    “The two have been moving together post February’22 (since the starting of Russia-Ukraine conflict). However, in the recent months demand led CPI inflation has moved up a bit, while supply led CPI inflation continues to moderate,” the SBI said…
  • India’s manufacturing exports to reach $1 trillion by FY28: Report
    14 jul 2022,retail.economictimes.indiatimes.com
    The six sectors driving export growth will be chemicals, auto, electronics, pharmaceuticals, textiles and industrial machinery…
  • Ensuring faster D2C deliveries with analytics and warehouse management
    14 jul 2022,retail.economictimes.indiatimes.com
    Presenting his views, Shankar Prasad, founder and CEO, Plum Goodness, said that with 3PL the evolution has been quite heartening. From the initial horizontal expansion of adding more pin codes to developing the ability to process returns, there have been a lot of technology based interventions in the industry, said Prasad adding that “What we need is same day delivery to be democratized.”…
  • Seracle launches Web3 NFT infrastructure for brands to boost marketing activities with customised marketplaces
    14 jul 2022,retail.economictimes.indiatimes.com
    Globally, consumer goods companies including Coca-Cola, AB InBev, Procter and Gamble have been experimenting with NFTs and the metaverse. Even in India, companies such as Titan and Mahindra & Mahindra have entered into the metaverse, using metaverse-related tools to expand their operations to the digital world…
  • Food and beverage companies eye global tieups as business revives
    14 jul 2022,retail.economictimes.indiatimes.com
    Food is the new fashion, Darshan Mehta, managing director of Reliance Brands, said as India’s largest luxury to premium retailer announced its foray into the F&B space in June end through a tieup with the global food chain Pret A Manger. Reliance Brands said it plans to launch the first outlet in Mumbai this fiscal year…
  • Multiplexes struggle to fill void after covid devastates showbiz
    14 jul 2022,livemint.com
    NEW DELHI : Though multiplexes have fast-tracked their expansion plans, screen count will take time to reach pre-pandemic levels in India, said industry experts…
  • SUGAR Cosmetics to expand presence to 100k stores by end of FY24
    14 jul 2022,financialexpress.com
    The company’s gross merchandise value (GMV) stands at Rs 45 crore per month, while its net annual recurring revenue (ARR) is about Rs 380 crore…
  • Fizzy Goblet Expands Offline Footprint, Opens 7th Store in India
    14 jul 2022,indianretailer.com
    After operating through six successful retail outlets across the country including one in Mumbai (Phoenix Palladium), Pune, Delhi, Bengaluru, Noida, and Hyderabad the latest store is the brand’s largest till date…
  • AP’s first Inorbit mall in Vizag soon
    14 jul 2022,timesofindia.indiatimes.com
    Visakhapatnam: The first Inorbit mall in the state will come up in Vizag soon. The city already has around seven shopping malls with areas of 25,000 sqft each. The new mall would be the biggest, and come up in an area of almost 1 lakh sqft. K Raheja group, which will build the mall, will also construct an IT tower besides the mall. The group also plans to set up an IT park at Madhurawada SEZ. The mall will come up in a 17 acres land parcel belonging to the Visakhapatnam Port Trust at Saligramapuram close to National Highway (NH)-16. TNN…
  • Luxury revenge shopping to continue; brands have to be proactive to curb counterfeit sales: Safir Anand
    14 jul 2022,businesstoday.in
    Following the dry spell of the pandemic years, luxury markets worldwide swung into high and fast sales. Demand suppressed for over two years and a need for compensation lured buyers to luxury labels, and stores saw buyers taking to revenge shopping all through 2021. The trend has spilled over to 2022. Luxury shopping of bags, shoes, clothes are cars is expected to only witness a sharp increase predicts luxury brand expert and IPR lawyer Safir Anand. However, the larger good of the industry will depend on how counterfeit sales are managed, he shares with Business Today in an interview…
  • Khadim Expands Offline Presence, Opens First Flagship Airport Store in Kolkata International Airport
    14 jul 2022,indianretailer.com
    The store is a very special part of the company’s strategic growth plan of retail expansion as the brand has witnessed substantial demand for its products across the markets in India…
  • How D2C Brands can Reduce their RTOs
    14 jul 2022,indianretailer.com
    D2C brands are trying to provide an individualized experience by creating a story and understanding the essential needs of customers. The key to becoming successful and building a strong customer base in the D2C brand is by creating trust and meeting customer expectations…
  • In footwear mart, sneakers sprint ahead
    14 jul 2022,livemint.com
    The sales of sneakers are going through the roof. Retailers and sportswear brands find that consumers want to spend more on trainers, which are now seen as a fashion accessory…
  • Reliance Retail in talks to partner UK’s Fortnum
    13 jul 2022,retail.economictimes.indiatimes.com
    “Reliance Retail is in advanced talks with Fortnum & Mason to set up premium luxury stores in India under the Fortnum & Mason brand,” one of the executives said. He said the group is exploring multiple options for India, which could include physical stores as well as an online presence in India…
  • Flipkart simplifies rate card, makes changes to return costs
    13 jul 2022,retail.economictimes.indiatimes.com
    The Walmart-owned e-tailer said it would charge one shipping fee for delivery across the country, be it local, zonal, or national orders…
  • Swedish home appliances maker Electrolux re-enters India, launches retail store in Delhi
    13 jul 2022,retail.economictimes.indiatimes.com
    In India the company will sell a range of refrigerators, washing machines, air purifiers, air conditioners, dishwashers, and cooking solutions. Its product line will be launched in a phased manner from July through to October 2022…
  • PepsiCo reports double-digit revenue growth in India in June quarter
    13 jul 2022,retail.economictimes.indiatimes.com
    PepsiCo’s net revenue in the second quarter of 2022 from the Africa, Middle East, South Asia (AMESA) division, under which India comes, was up 5.86 per cent to USD 1.69 billion as against USD 1.60 billion, the company said in its earnings statement…
  • 3 Burman family nominees, including Anand Burman appointed on Eveready board
    13 jul 2022,retail.economictimes.indiatimes.com
    The Burman Group, through its entities Puran Associates,