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  • 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

  • D2C Brand Brillare Opens its 4th Exclusive Brand Outlet in Ahmedabad
    25 January 2022, Indianretailer.com
    With its foray into the offline space, Brillare eyes aggressive growth by expanding its pan India presence with more than 50 offline outlets by 2023…
  • Pernod Ricard plans to set up its own branded retail outlets in India
    25 January 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…
  • Pepperfry Expands Retail Presence, Launches 2nd Offline Studio in Coimbatore
    25 January 2022, Indianretailer.com
    The offline expansion is in line with the company’s aim to penetrate niche markets and build the largest omnichannel business in the furniture and home products segment in India…
  • Retail stores tap into AI to integrate online, offline buyer experiences
    25 January 2022, Livemint.com
    Large retail chains are seeking to enhance customer satisfaction by using artificial intelligence (AI) tools such as machine learning and computer vision to study consumer behaviour online and in physical stores, in an effort to offer them the best products and experiences…
  • Miniklub Expands Retail Presence, Achieves Nine Stores Milestone in Bangalore
    25 January 2022, Indianretailer.com
    Located in HRBR Layout, the newly launched store offers a vast variety of safe and comfortable apparel for new-born to 6-year-olds. With this new launch, Bangalore is now home to MiniKlub’s ninth retail location…
  • How 40-year-old apparel brand Sahiba is focusing on Tier II cities through Saundh India, its new-age vertical
    25 January 2022, Yourstory.com
    Surat-based Sahiba Limited, started in 1984 by Kuldeep Singh Saluja, is a prominent apparel brand in India. Second-generation entrepreneur Sarabjeet Saluja established a new-age vertical, Saundh India, in 2019 to bring an international appeal to this Made in India business…
  • All about Shivan & Narresh’s new Ski & Après Ski line
    25 January 2022, Telegraphindia.com
    Almost a decade after making themselves household names in the segment of swim and resortwear, Shivan & Narresh are here to tackle another holiday segment with their latest offering — ready-to-wear Ski & Apres Ski line called Farrago. Inspired by creative director Narresh Kukreja’s holiday to Jaisalmer…
  • Raghavendra Rathore’s quiet RTW brand
    25 January 2022, Thehindu.com
    Amid the many new fashion labels launched or announced in the recent past — with established designers like Tarun Tahiliani, Ritu Kumar, Anamika Khanna, Masaba, Shantanu and Nikhil Mehra, and others getting corporate backing — none has been as quiet, almost secretive, as designer Raghavendra Rathore’s new ready-to-wear brand, RR Blue…
  • How India can Lead in the Upcoming $25 bn Cultivated Meat Sunrise Industry
    25 January 2022, Indianretailer.com
    With tremendous global momentum in the cultivated meat landscape, more startups are coming closer to pilot-scale proofs of concept, facilities are coming online, and governments are looking to create a path to market for cultivated meat products…
  • X5 Retail Group: 11.4% increase in full-year sales
    25 January 2022, Freshplaza.com
    Israeli supermarket chain Shufersal CEO to step down in March. The chief executive of Israel’s largest supermarket chain Shufersal plans to step down at the end of March after a decade in the position, the company said…
  • How Bagrry’s is Innovating its Products to Capture a Larger Share of the Breakfast Market
    25 January 2022, Indianretailer.com
    Bagrry’s is one of the leading brands of health foods and breakfast cereals in the Indian subcontinent. With a tagline of ‘let’s put health first’, the brand makes products that are healthy, honest, innovative and of exceptional quality…
  • Burger King Q3 results: Co reports net loss at Rs 15 crore
    25 January 2022, Retail.economictimes.indiatimes.com
    New Delhi: Quick service restaurant chain Burger King India Ltd on Monday reported narrowing of net loss to Rs 15.15 crore for the third quarter ended December 31, 2021. The company had posted a net loss of Rs 29.02 crore during October-December period of the previous fiscal year, Burger King said in a regulatory filing…
  • Malabar Gold & Diamonds opens 6 new showrooms across Oman, Qatar, Malaysia and India
    25 January 2022, Timesofoman.com
    Malabar Gold & Diamonds, one of the largest jewellery retailers globally with a strong retail network of over 280 outlets spread across 10 countries, opened 6 new showrooms across Qatar, Oman, Malaysia and India…
  • India Namkeen Market Giants Spending Is Going To Boom | Haldiram’s, Parle, Kaleva India
    25 January 2022, Digitaljournal.com
    The latest study released on the Global India Namkeen Market by AMA Research evaluates market size, trend, and forecast to 2026. The India Namkeen market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors…
  • Discretionary items’ Republic Day sale parade marches on, some products see up to 80% discount
    24 January 2022, Moneycontrol.com
    From Dunzo to Addverb Technologies, here’s a look at all the recent investments and acquisitions Reliance Industries has had in the past few months…
  • Covid Impact: Car movement at malls halved during January 3-23, reveals data
    24 January 2022, Economictimes.indiatimes.com
    Car traffic in malls declined 50% in the three week-period starting January 3, while that of moving in and out of residential societies is down 36-45% in the same time period, according to new data by car app Park+, which tracks 2 million car owners on its platform and works with malls, residential societies and corporates…
  • Purplle’s offline bet
    24 January 2022, Financialexpress.com
    Purplle, which started as an online marketplace in 2011, is planning to set up offline stores, and is sprucing up offerings through acquisitions — the most recent being its acquisition of Faces Canada — to strengthen its position in the beauty and personal care sector. This market, which was valued at $16 billion in 2020, is expected to grow at 12% per annum to $28 billion by 2025, according to a RedSeer report…
  • Purplle’s offline bet
    24 January 2022, Financialexpress.com
    Purplle, which started as an online marketplace in 2011, is planning to set up offline stores, and is sprucing up offerings through acquisitions — the most recent being its acquisition of Faces Canada — to strengthen its position in the beauty and personal care sector. This market, which was valued at $16 billion in 2020, is expected to grow at 12% per annum to $28 billion by 2025, according to a RedSeer report…
  • FabIndia plans Rs 4,000 cr IPO; promoters to gift over 7 lakh shares to artisans
    24 January 2022, Retail.economictimes.indiatimes.com
    “Our promoters, namely, Bimla Nanda Bissell and Madhukar Khera have opened their respective demat accounts and have transferred 4,00,000 equity shares and 3,75,080 equity shares, respectively, that are proposed to be transferred by way of gift to the artisans and farmers,” the DRHP said…
  • RIL invests ₹7,600 cr on acquisitions in first three qtrs to strengthen retail arm
    24 January 2022, Livemint.com
    Last quarter, RIL’s retail arm, Reliance Retail Ventures Ltd (RRVL) acquired a 52% equity stake in Ritika Pvt. Ltd, which owns Ritu Kumar, Label Ritu Kumar, RI Ritu Kumar, aarké, and Ritu Kumar Home and Living…
  • Samara Capital ready to invest Rs 7K crore in Future Retail: Amazon
    24 January 2022, Business-standard.com
    US e-commerce giant Amazon has again written to independent directors of Future Retail (FRL), including Gagan Singh, Ravindra Dhariwal, and Jacob Mathew, expressing its willingness and ability to help FRL address its financial concerns. This included the solution proposed in the term sheet between Amazon-backed private equity firm Samara Capital and FRL, in which the former contemplated an infusion of Rs 7,000 crore in the Kishore Biyani firm…
  • Budget 2022 expectations: Retail and e-commerce industry needs a fiscal package to stimulate growth
    24 January 2022, Cnbctv18.com
    India’s retail market is estimated to reach $1.5 trillion by 2030, from $0.793 trillion in 2020, driven by socio-demographic and economic factors such as urbanization, income growth, and a rise in nuclear families. On the other hand, the Indian e-commerce industry is expected to cross the $350 billion mark by 2030, growing at a CAGR of 23 percent…
  • Nykaa registers new low, slumps 11% on heavy volume
    24 January 2022, Business-standard.com
    Shares of FSN E-Commerce Ventures (Nykaa) hit a new low of Rs 1,776.50, down 11 per cent on Monday, falling as much as 13 per cent in past two trading sessions on the BSE. The stock of fashion and cosmetics online retailer has dropped below its previous low of Rs 1,886 touched on December 20, 2021…
  • Nykaa registers new low, slumps 11% on heavy volume
    24 January 2022, Business-standard.com
    Shares of FSN E-Commerce Ventures (Nykaa) hit a new low of Rs 1,776.50, down 11 per cent on Monday, falling as much as 13 per cent in past two trading sessions on the BSE. The stock of fashion and cosmetics online retailer has dropped below its previous low of Rs 1,886 touched on December 20, 2021…
  • Fabindia files papers for 2022 listing, Premji Invest-backed firm joins apparel brand IPO party
    24 January 2022, Moneycontrol.com
    On 10th January, Moneycontrol was the first to report that Delhi based Biba Apparels, which is backed by Warburg Pincus and Faering Capital, had shortlisted advisors for its proposed initial public offer. Sequoia Capital-backed women’s bottom-wear brand Go Colours raised Rs 1,014 crores via its IPO and made a stellar debut on the bourses in November, listing at a 90 percent premium to its issue price. Others like Manyavar owner Vedant Fashions ( backed by Kedaara Capital) are also preparing for an IPO…
  • The sweet taste of success: TN’s bean-to-bar chocolate brand
    24 January 2022, Timesofindia.indiatimes.com
    Chennai: Actress Kalki Koechlin is a diehard fan of Auroville-based organic chocolate brand Mason & Co. Mozart of Madras A R Rahman invited Puducherry-based chocolate brand Zuka to set up shop at his KM music conservatory. Tourists thronging Kodaikanal look for Caesar’s brand of home-made chocolates. Ooty old-timers swear by King Star. Tamil Nadu is fast becoming a hub for bean-to-bar chocolate brands. These brands and others such as Kocoatrait are offering fresh flavours, single origin, organic cocoa, eco-friendly packaging (no plastic) and artisanal production to new-age customers who want more than cookie-cutter brands…
  • Discretionary items’ Republic Day sale parade marches on, some products see up to 80% discount
    22 January 2022, Economictimes.indiatimes.com
    Marketers are offering big discounts on discretionary products — from snacks and body spray to television and apparel — across platforms, as they look to liquidate inventory after a slide in…
  • IKEA leases 1 lakh sq ft at R City Mall in Mumbai’s Ghatkopar for city-center store
    22 January 2022, Economictimes.indiatimes.com
    Swedish furniture and home furnishings retailer has leased two floors spread over 1 lakh sq ft of retail space at realty developer Runwal Group’s R City Mall in Mumbai’s central suburb Ghatkopar for a long-term tenure of total 9 years, said persons with direct knowledge of the development…
  • RIL Q3 net profit up 38%; retail, digital see record revenues
    22 January 2022, Indianexpress.com
    Reliance Industries (RIL) reported a consolidated net profit of Rs 18,549 crore for the quarter ended December 2021, up from Rs 13,101 crore year-ago…
  • The Indian activewear brands to add to cart
    22 January 2022, Vogue.in
    The pandemic and the unprecedented (yes, that word again) changes that followed reshaped not just our wardrobes but also our routines. Fitness, for instance,has become an even more active pursuit for many…
  • Weekly Roundup: Silk’s plant-based Nextmilk hits stores, Parker Food Group to bolster confectionery ingredient production
    22 January 2022, Foodingredientsfirst.com
    In NPD news, Silk launched a vitamin-rich plant-based drink Nextmilk, while Gardens of Coffee unveiled a subscription service that allows consumers to have premium blends delivered to their door. Meanwhile, Parker Food Group bought a site with manufacturing lines and capacity for supplying food ingredients and China-based MissFresh forged a partnership with seasoning brand Totole to facilitate the growth of pre-packed seasoning capacities…
  • Interview: Pawan Gadia, CEO (retail & online), Ferns N Petals India, GCC & APAC regions
    22 January 2022, Financialexpress.com
    Ferns N Petals managed to record a 30% increase in revenue in FY21. In the current financial year, the flowers and gifts retailer aims to consolidate its offline presence. Pawan Gadia talks to Vaishnavi Gupta about taking the brand to newer territories within India and globally, the company’s target of launching 1,000 stores in three years, and more…
  • Lulu Group to make big investments in India
    21 January 2022, Siasat.com
    An Indian Muslim’s UAE-based retail major Lulu group has announced to make big investments in India. The company is headed by Yusuff Ali M.A who is the chairman and managing director of LuLu Group International that owns the Lulu Hypermarket chain worldwide and LuLu International Shopping Mall. It has a global workforce of over 57,000 employees out of which 25,000 are Indians, majority Hindus…
  • Lulu Group to make big investments in India
    21 January 2022, Inventiva.co.in
    Gartner predicts that retail sector technology spending will grow by 3.6% globally this year to reach almost $203.6 billion, followed by similar growth rates for many years to come. Customer expectations and competition force retailers to spend more on technology, with retail now spending more on IT than most other industries…
  • TCS bullish on digital India; Amazon offers to help Future Retail
    21 January 2022, Economictimes.indiatimes.com
    Tata Consultancy Services (TCS), which grew 15% year on year (YoY) by revenue in Q3, believes the Indian market will be platform-driven as more businesses and government entities digitise their processes. It said businesses across banking, financial services, insurance, retail and manufacturing have been adopting these solutions heavily since the launch of India Stack….
  • Retail leasing doubled in 2021: CBRE
    21 January 2022, Economictimes.indiatimes.com
    Q4 2021 saw the most leasing with leasing activity growing by almost 250% q-o-q to 2.1 million sq ft across Grade A malls and high streets in Q4 2021. “Retail sector had bounced back quite well and this year we will see more activity in the segment,” said Anshuman Magazine, Chairman & CEO – India, South East Asia, Middle East & Africa, CBRE….
  • Walmart invites Indian sellers to join its US marketplace
    21 January 2022, Timesofindia.indiatimes.com
    NEW DELHI: Retail giant on Thursday said it is inviting select Indian sellers to join Walmart Marketplace, a curated sellers community that serves more than 120 million US shoppers each month…
  • GJEPC, MIDC sign draft agreement for setting up jewellery park
    21 January 2022, Economictimes.indiatimes.com
    Dr. P. Anbalagan, CEO, MIDC said, “We will make sure that India Jewellery Park would get all the incentives that are offered to other such ultra mega projects, such as increased FSI (Floor Space Index), power tariff subsidy, stamp duty exemption, low-cost housing…
  • World Renowned Make-up Giant, MAKE-UP STUDIO Launches its Web Shop in India
    21 January 2022, Indiaeducationdiary.in
    New Delhi: Founded in Amsterdam and well recognized in 70 countries worldwide, Make-Up Studio has finally unlocked its digital gateways for the customers in India. The brand is well established in the Indian market for a span of 15 years and is trusted by experts and make-up paramours all across the nation. Make-Up Studio has played a pivotal role in the lives of women on their special day and occasions. The range comprises a huge line of unique products that are certain to serve with high quality results, superior textures and premium packaging to each and every one of its customers…
  • Silver jewellery startup GIVA raises $10 million from investors
    21 January 2022, Retail.economictimes.indiatimes.com
    The company, in its series A funding round, raised $10 million, led by D2C-focused venture capital funds Sixth Sense Ventures, A91 Partners and other marquee investors like India Quotient, Grand Anicut Angel Fund, and Founder’s Bank Capital…
  • Shoppers Stop Q3 net profit at Rs 77.32 cr; sales up 33.82% at Rs 95,811 cr
    21 January 2022, Retail.economictimes.indiatimes.com
    Its revenue from operations was up 33.82 per cent at Rs 958.11 crore during the period under review as against Rs 715.97 crore in the corresponding quarter of the previous fiscal…
  • Lotus Herbals acquires 25% stake in D2C brand Conscious Chemist
    21 January 2022, Retail.economictimes.indiatimes.com
    Lotus Herbals joint managing director Nitin Passi said: “Our strategic investment in this emerging brand takes forward our presence in the green beauty category, and is part of our overall M&A strategy.”…
  • Game of chicken: Jubilant FoodWorks launches US chicken brand Popeyes in India
    20 January 2022, Moneycontrol.com
    Jubilant FoodWorks, the franchisee for Domino’s Pizza, will launch the iconic US-based fried chicken brand Popeyes, known for spicy New Orleans-style fried chicken and chicken sandwiches, in India on January 19 with the unveiling of the first outlet in Bengaluru…
  • Metro is looking for a buyer for its Belgian branch
    20 January 2022, Freshplaza.com
    Omicron impacts Christmas shopping in the UK: IGD Christmas shopping took a different turn for people in the UK amid rising uncertainty due to the Omicron variant, the latest research by ShopperVista from IGD has revealed. Under a third of shoppers (32%) stated that the news of Omicron affected their celebrations and 27% claimed to have avoided making plans altogether due to the possibility of last-minute restrictions.
    Source: esmmagazine.com…
  • Pandemic-affected toy market in Kolkata in turmoil over raids by quality watchdog
    20 January 2022, Timesofindia.indiatimes.com
    KOLKATA: Search and seizure operations at toy stores in malls by quality control agency Bureau of Indian Standards in the past couple of days has spread panic among toy retailers in the city…
  • How Joker and Witch is Exploring the Untouched Segment of Fashion and Accessories
    20 January 2022, Indianretailer.com
    Satish Singh and Maya Varma Fashion is and has always been an in-demand industry, with consumers from all around the world calling for new trendy and updated styles at prices that are affordable. If we look at the accessories front, accessories are no longer viewed as add-ons, but products in their own. Fashion accessories come in a variety of product types, the term itself is extremely vast and covers almost any accessory related to fashion…
  • Reliance joins calls for India to tighten marketplace rules: sources
    20 January 2022, Economictimes.indiatimes.com
    New Delhi: Indian retailer Reliance NSE -1.77 % has called for tighter regulation of marketplace e-commerce platforms to ensure such websites treat all sellers equally, four sources told Reuters…
  • National Retail Policy, incentives, GST cut on retail sector’s mind before Budget 2022
    20 January 2022, Economictimes.indiatimes.com
    Just when the recovery in the retail sector was gathering pace in the second half of FY22, rising Omicron cases queered the pitch again. Back in uncertain territory, the sector is looking forward to the upcoming…
  • Blinkit adds 200 ‘dark stores’ to facilitate grocery delivery in 10 minutes
    20 January 2022, Economictimes.indiatimes.com
    Since December, online grocer Blinkit has added 200 “dark stores” that are designed only for deliveries in ten minutes. The Gurgaon-based company now plans to take the number of such mini distribution centres to 1,000 by March…
  • ABFRL partners Algonomy for personalized shopping experience
    20 January 2022, Livemint.com
    Algonomy will work with ABFRL on its digital transformation journey, offering integrated online experiences across recommendation, search, and content for the fashion retailer…
  • Jewellers urge FM to reduce GST rate, increase PAN card limit to Rs 5 lakh in Budget 2022
    20 January 2022, Economictimes.indiatimes.com
    All India Gem & Jewellery Domestic Council (GJC), the apex body of gems and jewellery industry, has sought to reduce the GST rate on jewellery to 1.25 per cent from 3 per cent now in the upcoming budget. GJC has also urged FM to raise the PAN card limit from Rs 2 lakh to Rs 5 lakh citing that many households in rural India do not hold PAN cards and face difficulty in arranging minimum required jewellery in times of need especially post pandemic…
  • Non-metro cities boost Tata CLiQ’s luxury biz
    20 January 2022, Livemint.com
    NEW DELHI : The spurt in online shopping that has come as a result of the covid-19 pandemic has led to a sharp growth in business for the luxury vertical of Tata CLiQ, with the bulk of its orders originating from non-metro markets such as Bihar, Assam, Uttar Pradesh, and the parts of Northeast India…
  • DPIIT holds stakeholder meet on proposed e-commerce policy
    20 January 2022, Devdiscourse.com
    The Department for Promotion of Industry and Internal Trade (DPIIT) on Tuesday held a meeting with different stakeholders, including domestic and foreign companies, on the proposed e-commerce policy, an official said…
  • Lulu Group Plans Big Investments in India
    19 January 2022, Ummid.com
    An Indian Muslim’s UAE-based retail major Lulu group has announced to make big investments in India. The company is headed by Yusuff Ali M.A who is the chairman and managing director of LuLu Group International that owns the Lulu Hypermarket chain worldwide and LuLu International Shopping Mall. It has a global workforce of over 57,000 employees out of which 25,000 are Indians, majority Hindus…
  • India presents a great investment destination to any international business
    19 January 2022, Economictimes.indiatimes.com
    FTA will enormously help to maximize that opportunity and make it easier for UK businesses to trade and invest there, Richard Heald Executive Chair, UK India Business Council said…
  • Retailers suffer business loss as consumers stay home
    19 January 2022, Newindianexpress.com
    As Indians are forced to stay at home amid a surge in Omicron cases, retailers across the country are struggling with massive losses. The increase in Covid cases and subsequent restrictions have had a direct impact on business activities across India, which resulted in a business loss of 50% in the last 15 days, the Confederation of all Indian Traders (CAIT) said on Monday…
  • Fashion retailers to see 8% dip in FY22 revenues amid covid wave, says report
    19 January 2022, Livemint.com
    With restrictions on mobility, retailers face a great risk of inventory markdowns as they are expected to resort to higher levels of discounting to attract customers…
  • India: Reliance Retail acquires 54% stake in Addverb Technologies
    19 January 2022, Zawya.com
    Continuing its acquisition spree, Reliance Retail, one of the largest retailers in India, has acquired a 54 per cent stake in Addverb Technologies for nearly Rs10 billion (about $132 million)…
  • Fashion News: Leena Nair Is Chanel’s CEO, Guess’s Second Store Opens In Mumbai And More
    19 January 2022, Mansworldindia.com
    Reliance Brands Limited (RBL) and Indian fashion designer Anamika Khanna announced on Monday that they have tied up to form a 60:40 Joint Venture for owning and developing the fashion brand AK-OK. RBL, in an official statement, has stated that the JV will set up the foundation for a new outlook in Indian fashion. Khanna will continue to lead the creative direction of the brand…
  • Dine-in ban in Delhi affects Gurgaon and Noida restos, NCR home deliveries down by 30%
    18 January 2022, Retail.economictimes.indiatimes.com
    While in Gurgaon and Noida restaurants are open for dine-in with restricted timelines (Gurgaon till 11pm and Noida till 10pm) and 50% seating capacity, the complete shutdown of dine-in at Delhi restaurants has impacted businesses adversely in neighbouring cities of NCR as well…
  • Goat Brand Labs buys 90% stake in online fashion brand The Label Life
    18 January 2022, Retail.economictimes.indiatimes.com
    The Label Life founder Preeta Sukhtankar will move away from her operating role to an advisory one, while the other cofounders Yashika Punjabee and Sonam Shah, who were brought on board in 2016, will join Goat Brand Labs…
  • We’re not in India just to build brand IKEA but also to build the home furnishing category: Kavitha Rao, IKEA India
    18 January 2022, Businessinsider.in
    It was back in 2018 that Swedish furniture brand IKEA made its inroads into the Indian market with its first store in Hyderabad. 4 years since, the brand is now on its way to opening a store in Bangalore, after opening one large and one small showroom in Mumbai…
  • The rise of dark stores: Unused cinemas & marriage halls become hub of 10-minute delivery services
    18 January 2022, Economictimes.indiatimes.com
    Last month, grocery delivery company Blinkit, formerly known as Grofers, said it was halting deliveries that would take over 10 minutes. The announcement sounded extraordinary because it was from a startup that had made its name through doorstep delivery…
  • Pune new Covid-19 protocols: Malls, gyms, restaurants feel the pinch
    18 January 2022, Indianexpress.com
    Pune new Covid-19 protocols: The ongoing third wave and the latest guidelines of the Maharashtra government allowing gyms, restaurants and malls to run at 50 per cent capacity are beginning to show their impact across the sector…
  • Metro AG reviewing cash & carry business in India
    18 January 2022, Economictimes.indiatimes.com
    Metro has appointed consultancy firm Bain & Company to identify options and the final decision is likely to be taken in the next two to three months, said the executives who asked not to be identified…
  • Retailers suffer 50% drop in business in 15 days : CAIT
    18 January 2022, Businesstoday.in
    CAIT’s preliminary estimates indicate that various businesses throughout the country lost on an average 50 per cent of their revenues since the past 15 days with various restrictions imposed by the respective state governments…
  • Mall owners likely to offer relief to retail stores, food outlets, multiplexes amid pandemic: SCAI
    17 January 2022, Timesofindia.indiatimes.com
    Industry body Shopping Centres Association of India (SCAI) on Sunday said mall owners will stand by their tenants as they did in the last two waves and are likely to offer relief to retail stores, food outlets and multiplexes amid the fresh COVID pandemic wave…
  • Fire breaks out in mall in Bengaluru
    17 January 2022, Thehindu.com
    A storage area of a mall at Arekere Gate on Bannerghatta Road was gutted when a fire broke out in the wee hours of Saturday. Around 3 a.m., police personnel, who were on patrol duty, spotted the blaze in the ground floor of South India Shopping Mall, and alerted the control room…
  • Pune: Malls, gyms and restaurants feel pinch of new Covid-19 protocols
    17 January 2022, Indianexpress.com
    The ongoing third wave and the latest guidelines of the Maharashtra government allowing gyms, restaurants and malls to run at 50 per cent capacity are beginning to show their impact across the sector…
  • Aditya Birla Fashion and Retail faces data breach on its portal
    17 January 2022, Economictimes.indiatimes.com
    The company has engaged forensic security experts to investigate the data breach incident where over 5.4 million email addresses were released online from the portal of the Aditya Birla Group-owned company…
  • Metro Brands Q3 net profit jumps 54.6% to Rs 100.85 crore
    17 January 2022, Retail.Economictimes.indiatimes.com
    Its total revenue from operations was up 59.02 per cent at Rs 483.77 crore during the quarter under review against Rs 304.21 crore in the corresponding period of the previous fiscal…
  • Metro Brands Q3 net profit jumps 54.6% to Rs 100.85 crore
    17 January 2022, Retail.Economictimes.indiatimes.com
    Its total revenue from operations was up 59.02 per cent at Rs 483.77 crore during the quarter under review against Rs 304.21 crore in the corresponding period of the previous fiscal…
  • Malls Don’t Have Rights To Collect Parking Fees: Kerala High Court
    15 January 2022, Ndtv.com
    The Kerala High Court on Friday said prima facie, it was of the opinion that malls don’t have the right to collect parking fees and asked Kalamassery municipality whether it had issued any license to the Lulu International shopping mall at Ernakulam for the same…
  • Looking forward to rollout of India’s national retail policy: IKEA
    15 January 2022, Business-standard.com
    Swedish furniture and home furnishing retailer IKEA on Friday said it is looking forward to the rollout of India’s national retail policy, bringing offline and online retail into a single policy framework and reducing the compliance burden…
  • D2C meat start-up Fipola to invest INR 40 crores to double its retail presence across India by March 2022
    15 January 2022, Theprint.in
    Fipola Retail India, India’s leading omnichannel meat D2C (Direct to consumer) start-up, announces its aggressive expansion plans across the southern part of India by investing over INR 40 crores…
  • Global Brands Shake Off Pandemic Blues To Chase India’s Digital Boom
    15 January 2022, Bloombergquint.com
    After a pandemic-induced pause, global brands are again queuing up to launch in India, banking on the surge in online demand…
  • Metro Brands inks strategic partnership with footwear brand FitFlop for India
    15 January 2022, Businesstoday.in
    Footwear retailer Metro Brands announced on Friday that it has signed a strategic partnership with wellbeing footwear brand FitFlop for sale and distribution in India…
  • ABFRL to buy 51% stake in Masaba brand
    15 January 2022, Timesofindia.indiatimes.com
    Aditya Birla Fashion and Retail (ABFRL) is set to buy 51% stake in House of Masaba Lifestyle for around Rs 90 crore as it looks to bolster its portfolio of fashion labels…
  • Aditya Birla Fashion picks up 51% stake in Masaba label for Rs 90 crore
    15 January 2022, Livemint.com
    Brand Masaba will be scaled largely through the digital direct to consumer (D2C) channel, straddling across the entire lifestyle offerings ranging from apparel, accessories, beauty and other lifestyle products…
  • Amazon to challenge Biyani’s FDI curb claim
    15 January 2022, Livemint.com
    Amazon.com Inc. is planning to counter Future Group’s contention that the Kishore Biyani-led group is bound to choose Reliance Industries Ltd as an acquirer instead of Amazon as an investor because of restrictions on foreign investments in India…
  • Swiggy, Zomato discounts dry up as restaurants shut, orders surge
    15 January 2022, Economictimes.indiatimes.com
    New curbs to curtail the third wave of the Covid-19 pandemic in India, as well as GST costs and surging retail inflation, are seen as reasons for the lack of discounts on Swiggy and Zomato…
  • How are retailers shifting strategies to cope with the third Covid wave?
    14 January 2022, Business-standard.com
    The country is in the grip of third wave of Covid-19. Retail businesses now know what to do and what not to. And those dealing in them are now adopting different strategies. This report finds out more…
  • Why Tata Group is going for IPL branding?
    14 January 2022, Business-standard.com
    ata Group’s debut into the Indian Premier League comes at a time when the 100-year-old company is increasing its digital footprint. So, is the googly meant to startle the young crowd? We find out…
  • Why Tata Group is going for IPL branding?
    14 January 2022, Business-standard.com
    Tata Group’s debut into the Indian Premier League comes at a time when the 100-year-old company is increasing its digital footprint. So, is the googly meant to startle the young crowd? We find out…
  • Sanjay Mishra joins Arzooo as VP- Business Development
    14 January 2022, Retail4growth.com
    Sanjay Mishra, who was earlier with Reliance’s retail arm JIO Mart, has joined Arzooo team as Vice President, Business Development…
  • Beauty Retailer Boddess Goes Omnichannel, Launches its First Tech-Enabled Flagship Store
    14 January 2022, Indianretailer.com
    After its exciting online launch with over 100+ beauty brands, Boddess now opened 1,700 sq feet of beauty space dedicated to top International brands in Skincare, Make up, Haircare, and Body Care…
  • Pandemic’s third wave to pare 10% off mall’s rental revenue this fiscal
    13 January 2022, Economictimes.indiatimes.com
    The credit profiles of mall owners will, however, be able to absorb the shock given relatively faster recovery seen among those afflicted, compared with the earlier waves…
  • India retail inflation rises to 5.59% in December, hits 5-month high
    13 January 2022, Economictimes.indiatimes.com
    India’s benchmark inflation rate, measured by the Consumer Price Index (CPI) firmed up to 5.59% year-on-year in December 2021, data released by the Ministry of Statistics and Programme Implementation on Monday showed…
  • Aditya Birla Fashion and Retail Limited, Germany’s GIZ Team-Up To Boost Business Practices In India
    13 January 2022, Outlookindia.com
    The joint project will focus on material innovation, reducing inputs of harmful substances, increasing textile-to-textile recycling, developing alternatives to plastic packaging, and fostering traceability…
  • How Retail Industry is Going to Shape Up in 2022
    13 January 2022, Indianretailer.com
    From creating virtual (called synthetic) models to automate image generation, to creating world-class content using AI, merchants are tapping into new customer cohorts through targeted media…
  • Retailers face slowdown as curbs return due to Omicron
    13 January 2022, Livemint.com
    Categories such as grocery, apparel, footwear, cosmetics, electronics, and luxury, which account for 75-80% of mall revenues, will recover quickly when the third wave wanes, Crisil said in its research note. It flagged slower recovery for cinema halls and family entertainment centres…
  • UAE’s Kashmir Outreach: Security Is at the Heart of All Investments
    11 January 2022, Thequint.com
    Recently, the UAE’s Emaar group signed an agreement with the Jammu and Kashmir government to develop a 500,000-square feet shopping mall in Srinagar. Emaar is UAE’s biggest real estate developer and the investment is expected to pave the way for further investments. This is the biggest FDI inflow into Jammu and Kashmir ever since the state’s special status was rescinded in 2019. The significance of this cannot be lost….
  • Restaurants, malls hit pause on capex plans, stagger fresh supplies
    11 January 2022, Economictimes.indiatimes.com
    Restaurant chains and malls are back to survival mode, halting capacity expansion and staggering daily supplies, while some are switching to variable pay for frontline staff amid uncertanity on how long curbs will persist, executives said…
  • QSR restaurant chain Joshh to launch five new outlets in Mumbai
    11 January 2022, Freepressjournal.in
    Charcoal Concepts, which owns casual dining brand Copper Chimney, and restaurant and bar Bombay Brasserie, has ventured into the quick service restaurant (QSR) sector with Joshh and Joshh Kulfi (a dessert spinoff brand of Joshh)…
  • QSR restaurant chain Joshh to launch five new outlets in Mumbai
    11 January 2022, Indiainfoline.com
    Garment Mantra Lifestyle Ltd (Erstwhile Junction Fabrics & Apparels Ltd) has announced that GMLL has commenced operations of its integrated model in Raipur, Chhattisgarh covering a radius of around 300 kms. It will efficiently cover the central region and scale up the operations of Poorti (textile wholesale surplus division) and also give an impetus to Price Mantra (apparel convenience store) which will strengthen their brand visibility in the region…
  • Third wave: Retailers hold only 15 days’ stock of TV, washing machine, apparel to cut impact
    11 January 2022, Economictimes.indiatimes.com
    Retailers and distributors of discretionary products such as television and footwear have slashed their inventory by nearly a third in the last fortnight compared with the same period last year due to uncertain demand after infections surged and states imposed restrictions…
  • Timex Group gets manufacturing, distribution rights for Guess & Gc branded watches in India
    11 January 2022, Retail.economictimes.indiatimes.com
    The deal is a significant win for Timex Group India, given the Guess & Gc market share, reach and brand recognition in the fashion watch segment. The power of the Guess & Gc brands will be a great addition for Timex Group India,” Titan said in a statement…
  • Blackstone Group sells its entire stake in Mindspace REIT for $235 million
    11 January 2022, Livemint.com
    Global asset management firm Blackstone Group Lp on Monday sold its entire 9.2% stake in Mindspace REIT to Abu Dhabi Investment Authority (ADIA) for $235 million, according to two people familiar with the development…
  • Restaurants, malls hit pause on capex plans, stagger fresh supplies
    10 January 2022, Retail.economictimes.indiatimes.com
    For malls and restaurants, the steady decline in numbers comes after Christmas. New Year was subdued because of the onset of the third wave, which has now led to business declining by half or falling down to zero on weekends in markets like Delhi…
  • Tripura announces night curfew to tackle Covid-19 surge
    10 January 2022, Indianexpress.com
    The health department report suggests that the state now has an overall 5% positivity rate, while the Agartala Municipal Corporation (AMC) has a 16.95% positivity rate…
  • Two Saket malls become first fully vaccinated markets in Delhi
    10 January 2022, Indiatoday.in
    Two prominent malls at Saket in South Delhi, Select City Walk and DLF Mall in Saket have been declared Delhi’s first fully vaccinated markets in the city. The district administration has declared that all the shop owners and staff are completely vaccinated in these markets…
  • Kolkata restaurants and malls witness massive plunge in footfall
    10 January 2022, Telegraphindia.com
    Almost a week into the fresh curbs to check the surge in Covid cases, restaurants and malls have been witnessing a massive plunge in their footfall. Friday and Saturday were no different. The start of the second weekend of the New Year was terrible in terms of business, said restaurateurs and mall operators…
  • Rising cases, restrictions leads to 45 per cent decline in sales for retail sector : CAIT
    10 January 2022, Thehindubusinessline.com
    The Confederation of All India Traders (CAIT) on Saturday stated that rising Covid cases and imposition of various restrictions across states has had a direct impact on economic activities. It estimated that retail sales are down on an average by about 45 per cent in the last seven days…
  • Game of toys
    10 January 2022, Financialexpress.com
    Tablez, the retail arm of UAE-based LuLu Group, has launched its kids’ super store House of Toys in India. Tablez has been around in the country as the master franchisee of brands such as Desigual, Build-A-Bear, Go Sport, Yoyoso, Cold Stone Creamery, and Galito’s. The toy market in India, currently pegged at $1 billion, is estimated to double in size by 2025, according to a FICCI-KPMG report…
  • People stay away from malls, shopping centres as Covid cases spike in Bengaluru, says SCAI
    08 January 2022, Business-standard.com
    Shopping malls have seen footfalls drop by up to 25 per cent in the first week of January 2022 due to restrictions imposed by states to check the spread of coronavirus, according to industry body SCAI. On top of that consumers are also apprehensive about venturing out in the midst of rising Covid cases across the country, the Shopping Centres Association of India (SCAI) said…
  • Panchkula relaxes curbs, allows shops, malls to open till 6 pm
    08 January 2022, Tribuneindia.com
    Giving a relief to traders, District Magistrate Mahavir Kaushik today announced relaxations in the curbs, allowing malls and markets to open up till 6 pm now. The markets were earlier allowed to open only till 5 pm…
  • John Jacobs Unveils Their Biggest Store In Mumbai For The New Year
    08 January 2022, Prnewswire.com
    John Jacobs plans to expand its retail strategy in India with a bang this new year. Post the grand unveil on the 29th of December 2021, the eyewear brand is making its presence known with a 1200 square feet store in one of Mumbai’s most premium high-street locales, Andheri…
  • Businesses stare at losses during weekend curfew in Bengaluru
    08 January 2022, Newindianexpress.com
    Many business sectors are unsure about their prospects after the fresh weekend curfew, specially after having incurred losses due to the New Year’s eve restrictions. Restrictions have been imposed on restaurants, cinemas, shopping complexes as well as other sectors amidst a surge of cases in Bengaluru…
  • Reliance Retail acquires 26% in Dunzo for $200 million
    07 January 2022, Timesofindia.indiatimes.com
    Dunzo, which pioneered in India the concept of delivering almost anything to anyone within a city, has raised $240 million in a funding round led by Reliance Retail Ventures…
  • Tata Starbucks enters into six new cities in India, crosses 250 store benchmark
    07 January 2022, Economictimes.indiatimes.com
    Tata Starbugs on Thursday announced entry into six new markets as part of its expansion into smaller cities in India…
  • How big global brands in India invited mutiny upon themselves
    07 January 2022, Livemint.com
    From Unilever Plc to Colgate-Palmolive Co., consumer goods makers in India are facing distribution blues that have nothing to do with pandemic-induced shortages and bottlenecks. The trusted middlemen that brands have traditionally relied on to reach millions of small neighborhood stores in 8,000 towns and 660,000 villages are in revolt…
  • Would Ecommerce replace retail stores and what would be the role of voice search in it?
    07 January 2022, Timesofindia.indiatimes.com
    If I told you a decades ago that soon you would be able to buy almost anything and everything online, you wouldn’t believe me. I saw it coming in 2009 while heading marketing agency Apppl Combine, shaping, launching and marketing Snapdeal, structuring the foundation days of ecommerce in India. Look where we are today! From smartphones to grocery, from apparel to cars- you get it all online, in just a few clicks. It is like a universe of its own!…
  • UAE-based Lulu group to invest ₹200 cr in Jammu and Kashmir to set up food processing, logistic hub
    06 January 2022, Thehindu.com
    UAE-based retail major Lulu group on Thursday said it will invest ₹200 crore in Jammu and Kashmir to set up a food processing and logistic hub. The Lulu group signed a memorandum of understanding (MoU) with the Jammu and Kashmir Government in this regard, the company said in a statement…
  • What lies in store for Indian real estate in 2022?
    06 January 2022, Financialexpress.com
    The year that passed by has been a roller coaster ride for Indian real estate. The market crashed during the lockdown 2.0 but made a quick recovery soon with demand gaining momentum. Despite fears related to the Omicron crisis, the market in 2022 looks bullish and demand is accelerating fast across categories…
  • Emaar to develop shopping mall in Srinagar
    06 January 2022, Livemint.com
    The government of Dubai recently inked an agreement with India to ramp up infrastructure investment in Jammu and Kashmir, which includes industrial parks, a medical college, a speciality hospital, logistic centres, IT and multi-purpose towers…
  • Cinema halls shut, mall & shops to remain open till 6: Haryana imposes Covid-19 curbs in 6 more districts
    06 January 2022, Indianexpress.com
    The Haryana government has imposed fresh curbs in six more districts, besides the existing five, in order to control a surge in Covid-19 cases. The six districts — Karnal, Panipat, Kurukshetra, Yamunanagar, Rohtak, and Jhajjar — now are a part of Group A or high-risk districts which also include Gurgaon, Faridabad, Ambala, Panchkula and Sonipat…
  • Covid curbs back: Schools & libraries shut in Raipur
    06 January 2022, Timesofindia.indiatimes.com
    Raipur: A new round of restrictions has been imposed in many districts of Chhattisgarh, aimed at blunting the spread of Coronavirus amid signs of a third wave…
  • MP Imposes New Covid-19 Curbs to Limit Wedding Guests, Funeral Attendees; Indore Worst-Hit Again
    06 January 2022, News18.com
    Amid rising Covid-19 cases, the MP government has limited the number of attendees at weddings to 250, while only 50 people will be allowed to attend funerals at a time. Neighbouring Chhattisgarh, meanwhile, reported its first Omicron infection in Bilaspur…
  • Fresh curbs in Bihar leave owners of malls, cinema halls staring at losses
    06 January 2022, Timesofindia.indiatimes.com
    Shopping malls and movie theatres, which saw a silver lining in their business following the second wave of the pandemic, will be hit again. The government has decided to close malls, cinema halls, clubs, swimming pools, parks, and gyms till January 21 in response to the sudden rise in the number of Covid-19 cases in the state…
  • Wacom expands retail footprint in India
    06 January 2022, Businesstoday.in
    The global leader in pen tablet market, Wacom India is expanding its retail presence in the country. The key supplier of pen and multi-touch sensor components for smartphones and tablet-type devices, Wacom has opened its ninth experience centre in the country. Currently, Wacom had eight experience centres in India, including all major cities like Delhi, Mumbai, Bangalore, Chennai, Noida and the latest one has been launched in Kolkata…
  • This Chennai-based startup offers everyday solutions to physical retail stores through video analytics
    06 January 2022, Yourstory.com
    Founded in 2018 by Surender Gounder, the Chennai-based retail AI startup TangoEye converts CCTV video into in-store actionable insights. Recently, the startup raised $1 million in a pre-Series A funding round led by Lenskart…
  • Haryana govt fails to get buyers to sell agro malls
    04 January 2022, Hindustantimes.com
    Having failed to get buyers, the Haryana State Agriculture Marketing Board (HSAMB) has now cancelled the auction of its two agro malls located in Karnal and Panipat…
  • Dubai’s Emaar group to develop 500,000 sq ft shopping mall in Srinagar
    04 January 2022, Business-standard.com
    Dubai-based realty firm Emaar Properties on Monday said it will develop a 5 lakh square feet shopping mall at Srinagar in Jammu & Kashmir. A memorandum of understanding (MoU) has been signed between the governments of Dubai and Jammu & Kashmir to facilitate investments into this proposed project, Emaar said in a statement. This will be the first significant FDI investment in the union territory, it added. According to the MoU, Emaar will develop ‘Emaar Mall’ of 5,00,000 square feet in size in Srinagar…
  • 5pm Deadline for Malls, Markets in Gurugram, Faridabad, Says Haryana Health Min; Gautam Kitchlu Confirms Kajal Aggarwal’s First Pregnancy
    03 January 2022, News18.com
    In the past 24 hours, India recorded 27,553 Covid-19 cases, while the country’s Omicron tally stands at 1,525. The national capital on Saturday recorded a massive 50 per cent jump in fresh Covid-19 infections at 2,716, with around 3.64 percent of COVID-19 tests returning positive – a high positivity rate. So far, the city has one death. Europe has recorded over 100 million coronavirus cases, more than a third of all infections worldwide, since the start of the pandemic, an AFP tally showed…
  • Haryana Puts Lockdown-Like Restrictions; Malls, Shopping Complexes to Run Till 5 PM | Guidelines Here
    01 January 2022, India.com
    Amid rising cases of coronavirus, the Haryana government on Saturday imposed lockdown-like curbs in the state and nearby areas to prevent further spread of the infection. In the fresh guidelines, the Haryana government ordered closure of cinema halls in Gurugram and other areas. Notably, the cinema halls, theatres, multiplexes in five districts will remain closed for 10 days. Part of the curbs, the sports, swimming complexes have also been ordered to remain shut…
  • KSRTC offers low floor AC bus ride to new mall
    31 December 2021, Timesofindia.indiatimes.com
    Thiruvananthapuram: KSRTC is cashing in on the mall frenzy that has gripped the city with a new ‘park and ride’ scheme. The people who wish to visit the newly opened mall at Aakkulam can park their cars in allotted spots in selected bus stations and then catch a low floor AC bus to and fro. One day pass for specified fare will be available or the people can also opt for hop on hop off mode…
  • Winds of change in retail
    31 December 2021, Financialexpress.com
    The last two years have been a rollercoaster ride for the retail sector. The industry has resurged from this turbulence not only stronger, but also with a new purpose and vision. There were decisive shifts in consumer behaviour in 2021, as we tentatively emerged from the lockdowns. The rise of conscious shopping was one of the significant changes in consumption. People went strictly by their lists, and curbed any additional expenses as they navigated uncertainties around them…
  • Only fully vaccinated people allowed to enter hotels, malls for New Year celebrations in Puducherry
    30 December 2021, Economictimes.indiatimes.com
    The Puducherry Health Department has instructed all the hotels, malls, restaurants, cinema theater owners to only allow individuals who are fully vaccinated against COVID to enter their premises for New Year celebrations. G Sriramulu, Director Health, Puducherry, said, “For New Year celebrations on December 31st all hotels, restaurants, malls, cinemas have been instructed to allow only fully vaccinated people. For vaccination, about 8.24 lakh were vaccinated with the first dose and about 5.40 lakh with the second dose vaccine…
  • Online retail rules when it comes to smartphone sales, says study
    30 December 2021, Business-standard.com
    Online channel contribution for the smartphone market accounted for 40 per cent in terms of sales units and 41 per cent in terms of sales value during YTD 2021, compared to 35 per cent in 2020, said a report from GfK market intelligence. According to GfK market intelligence, overall category sales in terms of units for offline retail (point-of-sales) grew by 4% whereas online retail sales grew by 29% during YTD Oct 2021 as compared to 2020. This reflects the rising consumer trust and digitalisation of purchase journeys fueling the online retail contribution to overall category sales of smartphones, said the report…
  • Delhi Covid curbs: Cinemas, gyms shut; malls to stay open on odd-even basis
    29 December 2021, Business-standard.com
    Amid a spike in COVID-19 cases following the emergence of Omicron variant, Delhi Chief Minister Arvind Kejriwal on Tuesday declared a ‘yellow alert’ under which schools, colleges, cinemas and gyms will remain closed, shops dealing in non-essential items will open on odd-even basis, and metro trains and buses will run with 50 per cent of seating capacity in the city…
  • Delhi’s new Covid restrictions: Schools & gyms shut, malls & markets to run at 50% capacity
    29 December 2021, Theprint.in
    Following a severe uptick in Covid-19 cases in Delhi in the past few weeks and increased cases of the new coronavirus variant Omicron being reported from the city, the Delhi Disaster Management Authority (DDMA) issued a fresh order Tuesday. The authority has ordered schools, colleges, coaching centres, education institutes, libraries, cinema halls, theatres, banquet halls, auditoriums, spas, gyms, sports complexes and swimming pools in the national capital to be closed till further notice…
  • MSME, retail loans may see stress rise in coming quarters
    28 December 2021, Livemint.com
    Even as corporate bad loans were brought under control, non-performing assets (NPAs) in small-ticket loans to retail and small businesses are likely to rise in the coming quarters, said experts at the Mint Annual Banking Conclave held on 15 December…
  • 5 wedding halls, a mall penalised for violating norms
    28 December 2021, Timesofindia.indiatimes.com
    After directives from municipal commissioner Kailas Jadhav, the divisional squads of Nashik Municipal Corporation (NMC) have started taking action against wedding halls and malls for violation of Covid Appropriate Behaviour (CAB). During the last two days, the NMC has slapped a total fine of Rs 2 lakh on five wedding halls and a city-based mall for not following the norms…
  • Despite supply issues and omicron, holiday sales rise 8.5%
    27 December 2021, Retail.economictimes.indiatimes.com
    Holiday sales rose at the fastest pace in 17 years, even as shoppers grappled with higher prices, product shortages and a raging new COVID-19 variant in the last few weeks of the season, according to one spending measure. Mastercard Spending Pulse, which tracks all kinds of payments including cash and debit cards, reported Sunday that holiday sales had risen 8.5% from a year earlier. Mastercard Spending Pulse had expected an 8.8% increase…
  • Bengaluru’s Garuda Mall fined Rs 20000 for not enforcing COVID-19 protocols
    27 December 2021, Thenewsminute.com
    Bengaluru’s Garuda Mall has been slapped with a fine of Rs 20,000 for not enforcing COVID appropriate behaviour on its premises. In an inspection conducted by the Bruhat Bengaluru Mahanagara Palike (BBMP), authorities said that visitors were also not being checked to see if they had both doses of the vaccine. Physical distancing guidelines had not been followed and people were not wearing masks, a notice issued by authorities said…
  • Bengaluru’s Garuda Mall fined Rs 20000 for not enforcing COVID-19 protocols
    27 December 2021, Thenewsminute.com
    Bengaluru’s Garuda Mall has been slapped with a fine of Rs 20,000 for not enforcing COVID appropriate behaviour on its premises. In an inspection conducted by the Bruhat Bengaluru Mahanagara Palike (BBMP), authorities said that visitors were also not being checked to see if they had both doses of the vaccine. Physical distancing guidelines had not been followed and people were not wearing masks, a notice issued by authorities said…
  • Bengaluru’s Garuda Mall fined Rs 20000 for not enforcing COVID-19 protocols
    27 December 2021, Thenewsminute.com
    Bengaluru’s Garuda Mall has been slapped with a fine of Rs 20,000 for not enforcing COVID appropriate behaviour on its premises. In an inspection conducted by the Bruhat Bengaluru Mahanagara Palike (BBMP), authorities said that visitors were also not being checked to see if they had both doses of the vaccine. Physical distancing guidelines had not been followed and people were not wearing masks, a notice issued by authorities said…
  • More security personnel at malls to ensure visitors follow safety rules
    24 December 2021, Timesofindia.indiatimes.com
    As malls brace for a surge in footfall during the Christmas and New Year’s weekends, they are taking fresh guard to shield themselves against Omicron. The city’s largest mall is even contemplating entry to only fully vaccinated adults and conducted a trial on Thursday…
  • Delhi: Malls, pubs and eateries stare at huge losses as party’s called off
    24 December 2021, Timesofindia.indiatimes.com
    A mall in Saket had planned an alfresco market for the weekend. This was to celebrate Christmas in the open, while food stalls were to be put up by leading restaurants, artisanal products were to be on display and visitors could have mulled wine and beer under the sun. Till Wednesday afternoon, efforts were in full swing to get all the permissions and licenses in place and plan how to best manage the high turnout expected over the weekend…
  • National Retail Trade Policy: How Centre seeks to change retail trading in the country
    24 December 2021, Firstpost.com
    As the nation battles the coronavirus pandemic with the emergence of new COVID-19 variants like Omicron, the significance of retail supply chains becomes clear in ensuring essentials are available across the entire country. The Parliament was informed earlier this month that the Centre has proposed to have a national retail trade policy for creating a conducive environment to streamline the growth of all formats of such trade, and stakeholder consultations are being held for that…
  • Haryana says only fully-vaccinated people to be allowed at malls, banks
    23 December 2021, Ndtv.com
    People in Haryana who are not fully vaccinated won’t be allowed to enter public areas like malls, restaurants, banks and offices starting January 1. During the winter session of the Haryana assembly, state Health Minister Anil Vij said this measure will strengthen the long fight against COVID-19 amid the new worry over Omicron, a highly transmissible variant of concern. India has reported over 210 cases of Omicron infections…
  • Court orders malls, stores not to charge for carry bags
    22 December 2021, Newindianexpress.com
    Going forward, there is no need to pay for carry bags at malls and other departmental stores. Consumers have been paying anywhere between Rs 3 and Rs 15 to buy a carry bag to keep the goods they purchase. While disposing of a petition filed by Akash Kumar, stating that he was charged Rs 3.50 by D’Mart, Hydernagar for a carry bag after he made purchases worth Rs 602 in May 2019, the Hyderabad Consumer Disputes Redressal Commission (CDRC) gave the direction that no payment is required for the supply of a carry bag…
  • Malls, theatres feel pinch over‘no vaccine, no entry’ policy
    22 December 2021, Dtnext.in
    The State health department officials with the Directorate of Public Health and Preventive Medicine opine that those not getting vaccinated can avoid public places as they will be a threat to others. However, the owners and management of these spaces feel there is no clarity on the regulations and they have to deal with agitated visitors daily…
  • Reliance co picks up 60% in Anamika Khanna label
    21 December 2021, Timesofindia.indiatimes.com
    Adding to its portfolio of Indian designer brands: Reliance brands has picked up a 60% stake in couturier Anamika Khanna’s brand AK-OK. The deal does not include Khanna’s main line and she will stay on as creative director of AK-OK. Reliance Brands, through a 60:40 joint venture, has plans to expand the brand’s footprint globally…
  • ‘November domestic retail sales rise 9% over pre-pandemic levels’
    21 December 2021, Thehindu.com
    Retail sales in India in November grew by 9% over the pre-pandemic levels of the same month in 2019, signalling improvement in business, amid worries around the spread of the Omicron variant and a potential third wave of the pandemic, according to the Retailers Association of India (RAI). In its retail business survey, RAI said growth witnessed last month was 16% over the same period last year…
  • Ahmedabad: CCTV mandatory at eateries, malls
    19 December 2021, Timesofindia.indiatimes.com
    The police commissioner of Ahmedabad has once again made it mandatory for toll plazas, restaurants with the seating capacity of more than 10, and guest houses to install CCTV cameras. The commissioner has also made it mandatory for malls, shopping complexes, and theaters to set up CCTV cameras…
  • Tablez opens its first toys retail store in Bengaluru
    19 December 2021, Retail.economictimes.indiatimes.com
    Tablez, an Abu Dhabi-based retail and food & beverages group, on Saturday has opened its first toys retail store, House of Toys, in Bengaluru, the company said in a press release. The store, spread in an area of 5100 square feet, offers a variety of toys and other essentials catering to kid and pre – teens between the age group 0 to 14 years…
  • Kalyan Jewellers expands offline presence, launches showroom at global malls in Rajajinagar
    18 December 2021, Indianretailer.com
    Kalyan Jewelers, one of India’s most trusted and leading jewelry brands, today launched its new showroom at Lulu Group’s ‘Global Malls’ in Rajajinagar, Bengaluru. The launch of the new showroom brings the company’s footprint in Bengaluru to a total of seven showrooms, which will help serve our existing and new customers…
  • Govt to seek public view on National Retail Trade Policy soon
    17 December 2021, Livemint.com
    A National Retail Trade Policy that covers multiple areas such as ease of doing business, streamline compliances on retail businesses under a single umbrella is in the works and will be soon shared for public consultation, a senior government official has said…
  • CM opens Lulu Mall in capital city, celebrities including megastar came to witness function[s1]
    17 December 2021, Keralakaumudi.com
    THIRUVANANTHAPURAM: Chief Minister Pinarayi Vijayan inaugurated the mall of Lulu Group, one of the biggest mall in Kerala. Megastar Mammootty, Kadakampally Surendran, opposition leader VD Satheesan, congress leaders Shashi Tharoor MP, and many others attended the function. The mall will be opened to the public from Friday…
  • Aditya Birla Fashion and Retail : Acquisition of Reebok India Rights value accretive
    16 December 2021, Moneycontrol.com
    Aditya Birla Fashion and Retail (ABFRL; CMP: Rs 282; Market Cap: Rs 26,470 crore) has acquired the exclusive rights to sell Rebook products at an attractive valuation. This acquisition will fill a key gap in ABFRL’s portfolio — sports and active wear segment. The acquisition is expected to be value-accretive, given the strong financial position of Reebok India and ABFRL’s potential to scale up operations fast. ABFRL is one of the big apparel retailers, with multiple product offerings across formal…
  • Review of retail tech ecosystem in 2021
    15 December 2021, Timesofindia.indiatimes.com
    The retail landscape has significantly transformed with the onset of the Covid-19 pandemic. The dip in retail in the first half of 2021 has changed its course in the last few months with positive growth in the sector. Retailers Association of India shared that the retail sales figures for September 2021 stood at 96% of the pre-pandemic levels (September 2019) and 26% more when compared to the sales in September 2020…
  • Aditya Birla fashion to buy exclusive rights to sell, distribute Rebook in India
    15 December 2021, Livemint.com
    Aditya Birla Fashion and Retail Ltd said on Tuesday it had in-principal approved buying exclusive online and offline rights to the global sportswear brand Reebok for the Indian market. Aditya Birla Group’s fashion retail division Aditya Birla Fashion and Retail (ABFRL) has signed a long-term licensing agreement with US-based brand management company Authentic Brands Group (ABG) to exclusively distribute and sell Reebok products via wholesale, e-commerce, and Reebok branded retail stores in India and other Association of Southeast Asian Nations countries…
  • Inorbit Mall Malad announces the opening of 5 new brands
    15 December 2021, Indiaretailing.com
    Inorbit Mall, Malad is encompassing the brands in Mumbaikars to add five new brands. Brands like Social, Spykar, Marigold Lane, Just in Time, and a salon brand Harsha and Rakesh have opened their stores this month. Adding to the festive cheer and holiday season, the customers can enjoy a wholesome shopping experience with various lifestyle brands under one roof to cater to their needs. Whether it is food, wellness, fashion, or grooming, Inorbit Mall Malad has got you covered…
  • CPPIB, Phoenix Mills infuse additional Rs 700 crore in mall-development alliance
    14 December 2021, Economictimes.indiatimes.com
    Global investment major the Canada Pension Plan Investment Board and retail mall developer The Phoenix Mills NSE -3.26 % have invested Rs 700 crore as equity capital in their joint subsidiary Island Star Mall Developers. Both the entities have invested the funds through a rights issue for deployment towards construction and development of the on‐going projects of its subsidiaries at Wakad in Pune, Hebbal in Bangalore and Madhya Pradesh’s Indore and for other mutually agreed purposes…
  • Retail inflation rises to 4.91% in November as against 4.48% in October
    14 December 2021, Timesofindia.indiatimes.com
    Retail inflation based on consumer price index (CPI) rises to 4.91 per cent for the month of November, data released by the government showed on Monday. The inflation figure for the month of October was recorded at 4.48 per cent. Food prices, which contribute to nearly half of the CPI rose 1.87 per cent year-on-year in November, compared with 0.85 per cent a month ago…
  • Malls to witness recovery up to 75% of pre-Covid rentals in 2022: ICRA
    13 December 2021, Adgully.com
    Retail malls have witnessed a faster recovery after the second wave, compared to the first wave (Q1-Q2 FY2021) of Covid-19 pandemic, driven by faster relaxation in the restrictions and improved vaccination coverage. The recovery of retail trading values was at 64% of pre-Covid levels for ICRA’s sample in Q2 FY2022 as against the recovery of 30% witnessed post the first wave in Q2 FY2021, which had resulted in closure of retail malls for between three and five months. However, with the easing of restrictions along with a decline in the fresh Covid-19 infections, there was gradual improvement in operational metrics and rent income for mall operators in H2 FY2021, before the second wave in April-May 2021 again led to closure of malls for about two months due to state wise restrictions…
  • Future Group Lenders Grapple With Uneasy Choices
    13 December 2021, Bloombergquint.com
    Lenders to the Future Group are finding themselves in a sticky spot once again. Loans given to the group were restructured under the one-time restructuring window permitted during the Covid crisis in December 2020. With the moratorium period provided under this scheme coming to an end on Dec. 31, 2021, lenders need Future Group to start repaying its principle and interest dues. The problem is that the financial position of the group may not permit it to regularise payments just yet and a sale of assets to pay the dues has been complicated by an ongoing legal tussle between Amazon Inc. and Future Group…
  • Lulu Group to invest Rs 2,000 crore to build shopping mall in Gujarat
    12 December 2021, Realty.economictimes.indiatimes.com
    The UAE based retail giant LULU group on Saturday announced it will invest Rs 2000 crore to develop a shopping mall near Ahmedabad in Gujrat as part of its plan to expand business in India. The company has signed a MoU with the Gujrat government, it said in a statement…
  • Retail malls likely see recovery of up to 75% of pre-Covid rentals in FY22
    10 December 2021, Economictimes.indiatimes.com
    Retail malls are expected to witness recovery up to 75% of pre-Covid rentals in the current financial year ending March supported by pent-up demand and resumption of multiplexes’ operations, said ratings agency ICRA Malls have witnessed a faster recovery after the second wave of the Covid-19 pandemic, compared to the first wave during April-September 2021, driven by faster relaxation in the restrictions and improved vaccination coverage…
  • Early winter hopes bring cheer to apparel shops and eateries
    09 December 2021, Timesofindia.indiatimes.com
    The nip in the air has been around for some time now, but the rain and overcast skies have made way for an early winter in Kolkata. With the predicted Celsius to slide below 15 degrees from December 15, many are making a beeline to buy woolens and winter garments. The demand, according to retailers, has shot up and they are expecting it to rise further. What’s more, the early winter buzz has also made bakers and restaurateurs hopeful of brisk business in the coming weeks, going by the trend in recent years…
  • Over 90% consumers are looking to digitally enhance their shopping: Survey
    08 December 2021, Retail.economictimes.indiatimes.com
    The digital transformation during the COVID-19 era and the consumer behavior of seeking convenience through online shopping are the biggest highlights of the ‘new retail’ scenario, according to a survey by Deloitte. For India Inc, retail has always been a critical sector as it is not only a major indicator of a growth but showcases a consumer trend which economists, financial analysts and CFOs look forward too…
  • IKEA to open Worli store on December 9
    08 December 2021, Retail.economictimes.indiatimes.com
    Swedish home furnishing retailer IKEA will open it’s first small format City Store at Worli in Mumbai on December 9. We have come up with a format to fit well in a city environment and is time efficient as consumers have less time. It is an opportunity to be in a more central location, said Per Hornell, Market and Expansion Manager…
  • Retail sector will be defined by multi-channel approach: Report
    08 December 2021, Livemint.com
    Indian shoppers, as well as consumer goods companies, are taking the multi-channel approach after the pandemic changed customer habits causing a shift in the offerings by retailers, said consulting firm Deloitte India in a report released on Monday…
  • GUESS Opens Its Second Retail Store in Mumbai
    08 December 2021, Indianretailer.com
    GUESS is expanding its retail presence with the opening of its second store in Phoenix Palladium, Mumbai; the mall offers more than 50 global brands attracting shoppers from all around. The global fashion brand, GUESS is now expanding its retail presence with the opening of its second store in Phoenix Palladium, Mumbai. The mall offers more than 50 global brands attracting shoppers from all around. The store itself has been aesthetically designed blending artisanal designs with a minimalistic touch…
  • New vaccine entry rule leads to drop in footfall in Karnataka malls, theatres
    07 December 2021, Thehindu.com
    The emergence of the Omicron variant, and the State Government’s rule that only those who have taken two doses of the vaccine will be allowed in, has caused footfall at malls and theatres to drop substantially. Industry insiders are unhappy that business, which had been slowly picking up only recently, has again taken a hit. Representatives from malls and cinema theatres met civic officials on Monday requesting them to relax norms. However, no decision has been taken in this regard…
  • Lulu Group’s Tablez set to launch new retail chain brand
    07 December 2021, Thehindubusinessline.com
    Tablez, the organised retail arm of Abu-Dhabi based conglomerate Lulu Group, on Monday announced the launch of its new retail chain in the toys segment called House of Toys. The company said it plans to open 10stores under the new retail chain brand, in the initial phase. It will open its first store in Bengaluru next week. House of Toys is the company’s proprietary retail chain and will offer a wide range of products for the kids in the age group of 0 to 14 years. It added that it has been an active stakeholder in the Indian toys industry for the past six years…
  • Decision on restricting occupancy at malls, theatres to 50% after meeting with experts: CM Bommai
    07 December 2021, Newindianexpress.com
    Amid fears over the Omicron variant of COVID-19, Karnataka Chief Minister Basavaraj Bommai said he will decide on restricting occupancy at malls, theatres and other public places to 50 percent after a discussion with experts.A potential increase in the number of COVID-19 cases including the Omicron variant in the state may lead to a third wave, say some experts. They have suggested that the government impose strict guidelines to control the number of cases…
  • Bengaluru: BBMP orders shopping complexes, malls, theatres to enforce double-jab mandate
    06 December 2021, Timesofindia.indiatimes.com
    BBMP on Sunday said owners and managers of shopping complexes, malls and cinemas halls must ensure that only fully vaccinated guests are allowed into their premises…
  • Bata India Ltd to pivot future retail expansion on franchise mode
    06 December 2021, Telegraphindia.com
    The company expects ’80-90 per cent’ of store additions to come from franchises, deepening its presence in the hinterland of the country. Footwear major Bata India Ltd plans to pivot its future retail expansion on the franchise mode, banking on the organisation’s brand equity built over nearly a century of presence in this country…
  • Bengaluru: Chaos outside malls as visitors struggle with vax
    05 December 2021, Timesofindia.indiatimes.com
    For many Bengalureans, a favourite weekend activity is hanging out with friends and family members in the shopping malls. But several citizens shared long queues in front of the establishments on Saturday. Reasons: Visitors were being checked for double vaccination certificates…
  • Bengaluru: 2 doses of Covid-19 vaccine mandatory to enter malls, theatres
    05 December 2021, Livemint.com
    In an attempt to mitigate mounting concerns over Covid-19, Bengaluru has made two doses of Covid-19 vaccination mandatory to avail entry into malls, shopping complexes, theatres and cinema halls…
  • Omicron threat: DC for strict enforcement of rules
    04 December 2021, Thehindu.com
    In the wake of the State government issuing new guidelines amidst the Omicron threat, Deputy Commissioner Bagadi Gautham on Saturday held a meeting with senior officials on the measures to be taken for strict compliance with the new guidelines…
  • Unvaccinated People Would Be Denied Getting Entry To Hotels And Shopping Malls In Tamil Nadu
    04 December 2021, Thehansindia.com
    The city of Madurai in Tamil Nadu declared today that unvaccinated people will not be permitted to access malls, retail complexes, or other public locations beginning next week…
  • Inflationary pressures hurting smaller FMCG players: report
    03 December 2021, Livemint.com
    As a result, manufacturers selling products in the mass-priced segment are feeling the loss. Consumers, said Nielsen’s research, were dropping out of both premium and mass-priced segments. “Over the recent months, input cost pressure has forced manufacturers to increase prices, especially of food products and cooking mediums. This had a severe impact on small manufacturers in the September quarter, leading to 14% of them churning out of the market versus a year ago,” said Sameer Shukla, customer success lead for NielsenIQ South Asia…
  • BESCOM to set up 300 EV charging stations across Bengaluru
    03 December 2021, Indianexpress.com
    The Bangalore Electricity Supply Company Limited (BESCOM) will set up 300 electric vehicle (EV) charging stations across the city in the next few months. This will be in addition to the 136 charging stations already installed by the power distributor at 74 locations across the city. The state government is also slated to amend building bylaws to make it compulsory for apartment complexes and shopping malls to provide EV charging points on their premises…
  • Uttar Pradesh Lockdown: Section 144 Extended in Noida Till Dec 31; Malls, Gyms to Function at 50% Capacity. Full List of Guidelines Here
    03 December 2021, India.com
    Keeping in mind the ongoing COVID pandemic and the threat of Omicron variant, the Police Commissionerate of Uttar Pradesh’s Gautam Budh Nagar extended Section 144 till December 31. Notably, these restrictions have been imposed ahead of Christmas and New Year celebrations. “Section 144 CrPC has been implemented in Gautam Buddh Nagar till December 31 keeping the law and order situation in mind,” the Gautam Buddh Nagar Police said…
  • Bengaluru: Will Restrictions be Imposed in Malls, Theatres Again? BBMP Chief Clears Air
    02 December 2021, India.com
    Bruhat Bengaluru Mahanagara Palike (BBMP) Chief Commissioner Gaurav Gupta on Wednesday clarified that there is no proposal before the civic body to impose restrictions on malls and theatres in the city. Notably, his clarification comes amid rumours of an impending lockdown following the detection of a new Omicron variant of coronavirus and surge in cluster outbreaks. “There won’t be any restrictions on malls and theatres in Bengaluru”, BBMP Chief Gaurav Gupta told news agency IANS…
  • Market Movers: Dip buyers return with a vengeance as retail favourites soar
    01 December 2021, The Economic Times
    As has been the case in this bull market over the past 20 months, dip buyers appear to have had the last laugh. While US Federal Reserve Chief Jerome Powell’s sudden pivot to the hawkish side should have sent a chill down the spine of the Indian market, as it usually does, investors took it in their stride suggesting that they knew this was coming for a long time. That sense of relief was also thanks to the increasing understandingthat governments may not react adversely to the emergence of the new COVID-19 variant as they did in the past because of the presenceof vaccines even if they are less effective than before…
  • TCS helps AGL transform its retail operations and IT infrastructure
    30 November 2021, Business Standard
    With more than 4.2 million gas, electricity and telecommunications services provided to customers across Australia, AGL teamed up with TCS, its strategic partner for more than a decade, to enhance its customer experience in a hyper-competitive retail market. To provide a smoother, more intuitive, and personalized experience across all touchpoints throughout the customer journey, TCS helped AGL transform its end-to-end retail business operations, across the front office, back office, and IT infrastructure…
  • AR AND VR IN RETAIL IS PROJECTED TO REACH US$17.86 BILLION BY 2022
    30 November 2021, Analytics Insight
    The global AR and VR in retail are expected to grow at 24.8% CAGR to reach US$17.86 billion by 2028. The increasing use of AR VR by retail companies such as IKEA, Houzz, Walmart, and others, has been driving the growth of the AR VR retail market in recent years. IKEA uses AR for home goods and furniture retailing, allowing customers to manipulate and place catalogue items at scale in consumer homes…
  • How Retail Industry is Gearing Up to Win Consumer Confidence Back
    30 November 2021, Indian Retailer
    It has been almost two years since the outbreak of the pandemic, and the industries are still grappling to overcome the impacts of the subsequent lockdowns. The retail sector has started picking up again but shopping centers, food service, and entertainment sectors are finding ways to win consumer confidence back.The pandemic has impacted the way the mall industry functions. Earlier, when we used to talk about malls, we used to talk about 4 pillars – anchor stores, FnB, beauty, and hypermarkets. However, after the pandemic, e-commerce has also started playing a big role in how the retail industry functions…
  • What does the future hold for malls as e-commerce grows?
    30 November 2021, Denver Channel
    Adobe Analytics is predicting e-commerce spending will hit $207 billion in November and December. That would be a 10% year-over-year increase. The success of online shopping is hitting some malls hard. A prediction from earlier this year from UBS thinks 80,000 stores are expected to close over the next five years. But other stores and malls are taking advantage of what e-commerce is offering them…
  • Ambience Mall underpass finally gets power supply
    30 Nov 2021, Timesofindia.indiatimes.com
    The 377-metre-long underpass, which was opened on a trial basis from October 17, was being illuminated using a 125 kilovolt-amps (kVA) diesel generator set until now that cost the NHAI around Rs 30,000 per day. “The DHBVN has provided the power connection. We are now undertaking electrical works on the ground, which will take around two to three days to be completed. The electricity connection will start from this week,” a senior NHAI official said on Monday, indicating that the underpass may be formally opened soon…
  • 46 shops in Gurugram sealed for operating without trade licence
    30 Nov 2021, Hindustantimes.com
    At least 46 shops were sealed on Monday by the Municipal Corporation of Gurugram (MCG) as their owners failed to procure a trade licence, officials said. The shops were sealed in markets and malls located in sectors 10A, 42, 48, 49, and on Golf Course Road. On Saturday, the MCG had sealed 38 shops across Palam Vihar, sectors 4 and 9 for the same violation. “Under the Haryana Municipal Corporation Act, 1994, all types of commercial establishments located within the MCG limits are required to obtain a trade licence. Continuous action is being taken by the MCG against commercial establishments operating without trade licence,” said SS Rohilla, public relations officer, MCG…
  • Vaccination certificates being checked at malls in Chennai
    29 Nov 2021, Timesofindia.indiatimes.com
    While lockdown restrictions have been eased and public life is back to near normal, in a move to ensure the safety of people, the Tamil Nadu government has recently initiated the process of making vaccination mandatory for people visiting public places. Take a look at how vaccination certificates are being checked in malls in Chennai…
  • Watch: Mock Terror Attack At Delhi Mall As Police Prep For The Worst
    29 Nov 2021, Ndtv.com
    Two men on a bike in masks zoom to the entry gate of a plush mall in south Delhi, swerving past a car. The security guard jumps in to stop them but is overpowered. The men swiftly enter the establishment, pull out their guns, and are heard saying, “Gun se udaa denge. Koi nahi hilega (Will blow you up. Do not move).” The mall staff is seen lying on the ground, covering their heads and faces as the men rampage through the store. All this and more unfolds in a video released by Delhi Police that shows a massive anti-terror mock drill at the city’s Select City Walk Mall…
  • Shoppers are buying from resale retailers more than ever. Here’s why
    28 Nov 2021, Cnbc.com
    Secondhand retail companies are finding success with shoppers focused on sustainability and hard-to-find items, while also avoiding the supply chain pressures being felt by traditional retailers. Big box retailers like Walmart and Target have focused on keeping prices down, and have absorbed the increasing costs in shipping, labor, and materials for shoppers. Other retailers, like Macy’s and Kohl’s, have raised prices to keep up with the uptick in costs…
  • Mumbai: BMC chief warns of strict action against unvaccinated employees in malls, cinema halls amid concerns over Omicron variant; asks officials to screen international arrivals
    27 Nov 2021, Freepressjournal.in
    BMC Commissioner Iqbal Singh Chahal on Saturday asked the civic administration to take the necessary precautions to thoroughly screen international passengers arriving from African countries where the new COVID variant Omicron has been detected, and isolate any infected passenger and carry out their genome sequencing tests…
  • Black Friday shopping in stores drops 28% from pre-pandemic levels as shoppers spread spending throughout the season
    27 Nov 2021, Cnbc.com
    Traffic at retail stores on Black Friday dropped 28.3% compared with 2019 levels, as Americans shifted more of their spending online and kicked off their shopping earlier in the year, according to preliminary data from Sensormatic Solutions. Traffic was up 47.5% compared with year-ago levels, Sensormatic said. This time in 2020, many shoppers stayed at home due to fears around the coronavirus pandemic and as retailers operated on somewhat reduced hours…
  • Black Friday deals, now raining down at a sale event near you
    26 Nov 2021, Livemint.com
    Apparel, footwear, accessories and beauty brands in malls and department stores are riding high on the hype around Black Friday—it’s today, but will continue into the weekend at places—offering deep discounts to Indian shoppers…
  • Here are four building blocks for a future-ready retail with technology
    25 Nov 2021, Business-standard.com
    In the last decade or so, the retail industry has seen several transformations and evolved exponentially due to the assimilation of online and offline channels, growing consumer awareness and rising disposable income. In recent years, the digitalization and formalization of the economy as well as the easy availability of venture and risk capital has catapulted the sector’s growth in India…
  • Bigbasket enters offline retail, unveils first ‘Fresho’ store in Bengaluru
    25 Nov 2021, Indianexpress.com
    Bigbasket, owned by Tata Enterprise, has forayed into its first offline retail by opening a new technology-driven, self-service ‘Fresho’ store at Basaveshwar Nagar in Bengaluru. The store was inaugurated by three farmers who are a part of Bigbasket’s Farmer Connect programme Wednesday, Bigbasket said in a statement. The online grocery firm Bigbasket was acquired by Tata Digital in May this year which said the launch is a part of the company’s vision to open 200 physical outlets across India by 2023 and 800 by 2026…
  • Business Sentimeter: India’s retail sector sees rebound in sales; malls wary of hiking rents
    25 Nov 2021, Cnbctv18.com
    It’s been a rewarding festive season for the Indian retailers. With more brands likely to boost offline presence now, the Indian consumer can look forward to more outlets. But interestingly, as these expansion plans take shape, it’s not malls but high-streets that are in high demand. This is reflected in rental trends as well. According to Cushman and Wakefield, Mumbai saw rentals correct between 2 to 5 percent as recently as the third quarter, with any scope of a spike expected only by the end of 2022…
  • Chennai: Mask usage poor in indoor places, better in malls
    25 Nov 2021, Timesofindia.indiatimes.com

    In outdoor public places like streets in residential or commercial areas, markets and bus stops, compliance of mask usage was 32 per cent in slums and 35 per cent in non-slum areas. “Around 48 per cent of people in slums and 46 per cent in non-slum areas did not wear any masks outdoors,” the survey noted…

  • Shops, malls find insisting on jab certificate harms biz
    24 Nov 2021, Timesofindia.indiatimes.com
    In Madurai, it is being implemented in a few shopping establishments with little success. At Vishaal de Mall in Chinna Chokkikulam, visitors are allowed only if they carry vaccination certificates. “The number of visitors has seen a decline due to this rule. Many are also facing difficulties in accessing their certificate online and keeping it in hand as they don’t know how to do it,” said an employee…
  • Bigbasket forays into offline retail; unveils Fresho store in Bengaluru
    24 Nov 2021, Business-standard.com
    Online grocery platform Bigbasket on Wednesday announced its foray into offline retail with the opening a new technology-driven, self-service ‘Fresho’ store in Bengaluru.The launch is part of the company’s vision to open 200 physical outlets pan India by 2023 and 800 by 2026, a statement said. The stores will offer high quality products at extremely competitive prices, it added…
  • Hero Electric posts over two-fold jump in festive season retail sales
    24 Nov 2021, Business-standard.com
    The company had clocked 11,339-units in the same period a year ago, the company said in a statement. The recent amendment in FAME II policy (Faster Adoption and manufacturing of electric vehicles in India), which offers increased upfront incentives for electric two-wheelers and rising fuel prices has propelled the demand for electric vehicles resulting in heightened demand, the company said in a statement…
  • Chennai: Mask usage poor in indoor places, better in malls
    24 Nov 2021, Timesofindia.indiatimes.com
    In outdoor public places like streets in residential or commercial areas, markets and bus stops, compliance of mask usage was 32 per cent in slums and 35 per cent in non-slum areas. “Around 48 per cent of people in slums and 46 per cent in non-slum areas did not wear any masks outdoors,” the survey noted…
  • Chennai: Mask usage poor in indoor places, better in malls
    24 Nov 2021, Timesofindia.indiatimes.com
    In outdoor public places like streets in residential or commercial areas, markets and bus stops, compliance of mask usage was 32 per cent in slums and 35 per cent in non-slum areas. “Around 48 per cent of people in slums and 46 per cent in non-slum areas did not wear any masks outdoors,” the survey noted…
  • What retail workers want you to know before you go shopping on Black Friday
    24 Nov 2021, Businessinsider.in
    Black Friday is the shopping equivalent of an Olympic sport. In American homes, as soon as the turkey coma has worn off, scores of deal-seekers head out on hours-long buying sprees to get through their holiday shopping lists in one fell swoop. We spoke to seasoned Black Friday retail workers who had some advice for making your experience — and theirs — a festive one…
  • How Consumer Expectations Are Dictating Retail Industry’s Trajectory
    24 Nov 2021, Indianretailer.com
    Common to all objections, however, is the idea that the rules not only represent an overreach in trying to protect brick-and-mortar retailers, but are also not in the consumers’ interests. Which is a surprise, given that the proposals emanate from the Consumer Affairs Ministry. A case in point is the provision to curb ‘flash sales’ or heavy discounts on e-commerce platforms. These are usually carried out for mobile phones, thus worrying the cell phone manufacturers…
  • Ingka Group to invest ₹3,500cr in retail destination
    24 Nov 2021, Livemint.com
    Ingka Group is planning to set up its second large-format shopping and entertainment complex, which will house a range of brands, including its flagship Ikea store, in the national capital region, with an investment of ₹3,500 crore, the company said on Tuesday…
  • If wholesale inflation is soaring, can retail inflation be far behind?
    24 Nov 2021, Livemint.com
    Indian consumers have begun to feel the familiar pinch of inflation more acutely even as producers continue to complain that rising prices are eroding their profits. Mobile tariffs are being hiked, cement prices are on an upswing and most consumer goods may only get more expensive in the coming months…
  • 40 per cent active cases in Ahmedabad: AMC holds vaccine certificate checks
    24 Nov 2021, Indianexpress.com
    Gujarat Tuesday reported 36 new Covid-19 cases with around half of them —17 — being reported from Ahmedabad. The Ahmedabad Municipal Corporation Tuesday conducted surprise checks for vaccine certificates at public places such as restaurants and malls. According to a statement issued by the civic body, 100 teams from the solid waste department were deployed across seven zones of the city to check vaccine certificates at malls, hotels, restaurants and other stores. AMC started the checking in the evening and announced that it will continue until late at night. As of 9:30 pm, the civic body had undertaken the checking activity of nearly 3,000 people at 44 malls, 59 hotels and 89 restaurants. Of the total 2,996 persons checked for their vaccine certificate, 28 were found without the vaccine…
  • 40 per cent active cases in Ahmedabad: AMC holds vaccine certificate checks
    24 Nov 2021, Indianexpress.com
    Gujarat Tuesday reported 36 new Covid-19 cases with around half of them —17 — being reported from Ahmedabad. The Ahmedabad Municipal Corporation Tuesday conducted surprise checks for vaccine certificates at public places such as restaurants and malls. According to a statement issued by the civic body, 100 teams from the solid waste department were deployed across seven zones of the city to check vaccine certificates at malls, hotels, restaurants and other stores. AMC started the checking in the evening and announced that it will continue until late at night. As of 9:30 pm, the civic body had undertaken the checking activity of nearly 3,000 people at 44 malls, 59 hotels and 89 restaurants. Of the total 2,996 persons checked for their vaccine certificate, 28 were found without the vaccine…
  • Both e-commerce & physical retail need support
    24 Nov 2021, Tribuneindia.com
    Common to all objections, however, is the idea that the rules not only represent an overreach in trying to protect brick-and-mortar retailers, but are also not in the consumers’ interests. Which is a surprise, given that the proposals emanate from the Consumer Affairs Ministry. A case in point is the provision to curb ‘flash sales’ or heavy discounts on e-commerce platforms. These are usually carried out for mobile phones, thus worrying the cell phone manufacturers…
  • Mall developers, retail landlords bring curtains down on concessions, waivers to retailers
    23 Nov 2021, Cnbctv18.com
    As footfalls go up, mall developers and retail landlords have concluded concessions and waivers offered to retailers and restaurants during the first two waves of COVID. This was done in order to offset the impact of the pandemic on business…
  • Spencer’s plans 15 per cent growth in new retail space; large-format stores to drive business
    23 Nov 2021, Newindianexpress.com
    Spencer’s Retail, part of the RP-Sanjiv Goenka Group, has laid down its future growth path, targeting 15% y-o-y growth in new retail space. The retail major is likely to add 2.5 to 3 lakh sqft retail space over the next two years, it said in its investor presentation report, adding the growth will be driven through the large-store format. The retail major also pegs the online penetration in India will reach 10.7% in FY24 as compared to 4.7% in FY19. “There are a lot of opportunities for e-retailers in India to capitalise upon with the gradually growing internet penetration in India…
  • Amazon asked Future Group to withdraw FEMA violation complaint before CCI: Sources
    23 Nov 2021, Economictimes.indiatimes.com
    US giant Amazon had asked Kishore Biyani-led Future Group to withdraw its complaint in as the two discussed a possible end to bitter tussle over investments, according to sources. Also, the sources said, a possible exit of Amazon – which is contesting the deal between Future group and Reliance Retail – in lieu of compensation was also discussed. Officials of Amazon and Future Group had a meeting a couple of weeks back but the US firm maintained that any suggestion of it seeking compensation to end the tussle with Future is “misplaced and motivated”…
  • Haryana govt reschedules auction of agro malls in Karnal, Panipat
    23 Nov 2021, Hindustantimes.com
    Earlier, the HSAMB had invited bids for e-auction of agro malls on November 18 but the process could not be completed in lack of required number of bidders. On November 15, three days before the e-auction, Tikait, along with a group of farmers, had visited Karnal’s agro mall and had warned that the Bharatiya Kisan Union (BKU) will not allow the government to sell agro malls in Karnal and Panipat to private people at any cost. Tikait had termed the Haryana government’s move as the beginning of privatisation of agriculture mandis in country. He had directed local farmers to unite against the decision, not allow any private traders to buy the agro malls, and lock them inside if any official or buyer comes to the agro-malls…
  • How Mukesh Ambani’s JioMart Partner app is revolutionising retail distribution in India
    23 Nov 2021, Timesnownews.com
    For eight straight days, household goods salesman Vipresh Shah has failed to sell a single pack of Dettol soap to the storekeepers who have been buying from him ever since he took over his family business as a teenager, 14 years ago. Shah is an official distributor for Britain’s Reckitt Benckiser in Vita, near Sangli city, around 200 miles south of Mumbai. But he said once-loyal customers now point to an app – JioMart Partner – on their smartphones showing prices up to 15% lower, instead of placing orders…
  • Retail sales up on a healthy pace
    22 Nov 2021, Retailcustomerexperience.com
    Retail sales increased 1.7% in October, compared to September, according to the U.S. Commerce Department, reflecting the biggest growth since March. The sales jump is likely due to healthy savings, pay raises and job hiring, according to an AP report. And the sales come in the midst of higher prices coming into play, a 6.2% increase in October compared to a year earlier, and the trend isn’t stopping consumers from spending…
  • Reliance Jiomart: Ambani’s Model throws a wrench in retail supply chain
    22 Nov 2021, Livemint.com
    For eight straight days, household goods salesman Vipresh Shah has failed to sell a single pack of Dettol soap to the storekeepers who have been buying from him ever since he took over his family business as a teenager, 14 years ago. Shah is an official distributor for Britain’s Reckitt Benckiser in Vita, near Sangli city, around 200 miles south of Mumbai. But he said once-loyal customers now point to an app – JioMart Partner – on their smartphones showing prices up to 15% lower, instead of placing orders…
  • Parsvnath Developers gets DMRC nod for high-end shopping malls
    20 Nov 2021, Business-standard.com
    Parsvnath Developers was granted the concession rights by Delhi Metro Rail Corporation (DMRC) for the construction, development, management, operation and maintenance of a high end shopping mall. The shopping mall will be built on land measuring 28,400 sq. mtrs., having a potential of 4,00,000 sq. ft. (approx.) leasable area, on BOT (build-operate-transfer) basis, situated at Netaji Subhash Place, Near Netaji Subhash Place Metro Station, Opposite Wazirpur District Center, Pitampura, New Delhi – 110034…
  • Farmers’ stir brunt: 15 lakh traders suffered Rs 75,000 cr loss, retail giants hit hardest, says CAIT
    20 Nov 2021, Tribuneindia.com
    “The loss is attributed to the protests, bandh and restricted movement of goods due to road blockades and many a time the suspension of railways services. Further, due to road blockades, a limited number of traders from other states travelled to Punjab to place orders for goods such as hosiery items, apparels and sports goods that also resulted in loss of business,” Mittal said…
  • Over half of retail workers in a new survey say customers treat them worse over the holidays
    19 Nov 2021, Businessinsider.in
    Instances of workers on the receiving end of abuse and extreme disrespect from workers have continued to appear over the past 18 months. Workers have reported attacks and aggressive customers in restaurants, big box stores, on flights, and in other settings. This treatment is bolstered by the “the customer is always right” mantra that gave customers license to treat workers poorly, Avery Hartmans reported for Insider…
  • Lulu is now Corp’s biggest tax payer; Rs 3.5cr annually
    18 Nov 2021, Timesofindia.indiatimes.com
    Lulu shopping mall at Akkulam with its sprawling dimensions is now the biggest source of property for the city. The civic body received a whopping Rs 3.51 crores from Lulu mall as annual property tax for the ongoing fiscal the other day. It was a mammoth assessment exercise for the Kadakampally zone office revenue team and they finished the assessment of 293 units in three days which has also projected the city corporation’s business friendly image in the city. This is the biggest amount ever received as property tax by the city corporation in its history and probably the quickest assessment for an expansive commercial building. Lulu…
  • Retailers tap shoppers’ data to sell more ads ahead of holidays
    17 Nov 2021, Retail.economictimes.indiatimes.com
    There’s more than merchandise for sale this holiday. The shoppers are, too. Walmart, Amazon.com and other major retailers that keep troves of data on shoppers’ purchases are selling more digital ads on their own websites and in stores — including pop-up banners and search-bar keywords — to marketers eager to pitch their products…
  • Madhya Pradesh Lifts Lockdown Curbs, Night Curfew; Allows Cinema Halls, Malls to Function at 100% Capacity
    17 Nov 2021, India.com
    As the coronavirus cases have gone down, the Madhya Pradesh government on Wednesday decided to lift the lockdown curbs and night curfew from the state. Issuing a fresh order, Chief Minister Shivraj Singh Chouhan said the cinema halls, malls, swimming pools, gyms, yoga centers, restaurants, clubs, schools, colleges, hostels, coaching classes will operate with 100% capacity…
  • Malls and Shopping Centers Exempt From SafePass Requirements
    17 Nov 2021, Jdsupra.com
    Less than one week into LA’s SafePass proof of vaccine requirements for businesses went into effect, the Los Angeles City Council (the “Council”) voted 10-0 to remove malls and shopping centers as covered businesses. Mall operators have pointed to the difficulty of enforcing the ordinance because malls and shopping centers have so many different points of entry. It remains unclear when the revisions to the ordinance will go into effect. Malls and shopping centers remain covered businesses under the ordinance until the language is formally changed, but the ordinance is not being enforced with penalties until November 29…
  • Why RBI retail direct is not an attractive investment option for common man
    16 Nov 2021, Business-standard.com
    The Reserve Bank of India’s latest offering for retail investors – investing in government securities – is likely to fall flat as returns from the scheme are much less attractive compared to other available options. RBI Retail Direct Scheme, an investment option for retail investors was launched on Friday amid much fanfare by Prime Minister Narendra Modi. This scheme was described as a ‘significant milestone’ by the RBI in a statement, which also said that it would ‘bring G-secs within easy reach of the common man by simplifying the process of investment’…
  • Buoyancy in retail credit growth expected to last
    16 Nov 2021, Thehindubusinessline.com
    Amid hopes of a revival in credit demand from the corporate and SME (small and medium-sized enterprises) segments in the coming months, the robust growth in retail credit demand is expected to continue. According to the credit market indicator (CMI) launched by TransUnion Cibil, the country’s retail credit market is positioned for strong growth with a resurgence in credit demand and supply…
  • New excise regime to hit Delhi markets from Wednesday
    16 Nov 2021, Timesofindia.indiatimes.com
    The Delhi government on Tuesday bid adieu to retail liquor business as a new excise regime is set to hit the city markets from Wednesday, with swanky liquor outlets having walk-ins and and some having tasting facilities to enhance user experience. Tuesday was the last business day for nearly 600 government-run liquor shops operating across the national capital. As per the new excise policy, the liquor business will now be handled completely by private players. Under the new regime, the city will have 850 swanky liquor vends where people will be able to walk in and choose the brand of their choice as they do in shopping malls…
  • Phygital: The future of retail experience
    16 Nov 2021, Timesofindia.indiatimes.com
    The past two decades have seen a perpetual shift in the way we interact, engage, consume information or make a purchase decision, and the emergence of the ‘online’ culture has further played a key role in giving this trend a big push. Not just consumers, but even the retailers and traders have adapted the online culture in order to fulfil the gap created with the lack of physical movement during the pandemic. The evolution of digital space has provided consumers with enormous options to interact conveniently whilst addressing all their safety concerns, whereas physical outlets have always proved to be the epitome of personalized in-person experience for consumers…
  • Reliance vs Amazon fight makes for a cranky board at Future Retail
    16 Nov 2021, Business-standard.com
    Two of the world’s richest men, fighting over a near-bankrupt Indian retailer, have made so much noise that its board has woken up super cranky. In less than a week, the three independent directors of Future Retail Ltd. have shot off two letters to the country’s competition authority, alleging that Amazon.com had deliberately misled the regulator about the true nature of its 2019 investment in a related entity. They want the antitrust watchdog to cancel the transaction. The 2025 dollar bonds of Future Retail rose a little Monday, though they still trade at 61 cents to the dollar. Based on what an arbitration tribunal in Singapore has had to say on the issue of alleged misrepresentation by Amazon, the maneuver looks like a long shot…
  • October retail sales are expected to be strong, showing economy is back on track
    15 Nov 2021, Cnbc.com
    Economists predict a boom in October’s retail sales, aided by rising gasoline prices and early holiday shopping. Retail sales are expected to rise 1.5%, up from September’s 0.7% gain, according to economists polled by Dow Jones. Excluding autos, sales are forecasted to rise 1%, compared to the 0.8% increase a month earlier, Dow Jones found…
  • Festival Sales aid FMCG, construction and Retail sector top job growth in October 2021
    15 Nov 2021, Timesofindia.indiatimes.com
    The ongoing festive phase and complete reopening of markets, retail centres and workspaces triggered the Retail, FMCG and Construction sectors to post maximum talent demand in October 2021, a RecruiteX survey has shown. TimesJobs RecruiteX is a monthly recruitment index that records the demand and supply of talent at . These sectors had topped the talent demand indices in the same order in Sept’21 too. TimesJobs India Inc…
  • Role of augmented reality in making retail future-ready
    15 Nov 2021, Yourstory.com
    India has been growing at a fast pace and is more accepting of adopting advanced technology to support businesses. With technological progression guiding the way, several industries across various verticals are exploring different drivers of growth, opportunities, and success. The retail industry, too, is not far behind when it comes to tapping into new advancements and strengthening the roots to secure its future in the country. One of the key factors accelerating profitability and helping retail to be more competitive is augmented reality (AR)…
  • Retail And Hospitality Pandemic Trends That Are Set To Last
    15 Nov 2021, Forbes.com
    Retail and hospitality have been truly disrupted by the pandemic. With long periods where many businesses couldn’t operate, those that have survived have been those that have innovated. Some brilliant ideas and accelerated trends have sprung up from the pandemic in the hospitality and retail sectors, not just to keep revenue streams flowing but to keep customers served. Here we will look at three trends that have kept the sectors running and will likely be around for some time…
  • New Balance Comes Onboard with BrandMan Retail, Plans to Open 35 Stores by March 2022
    15 Nov 2021, Indianretailer.com
    Leading American Sportswear brand since 1906, New Balance has come on board with a leading retail solutions provider, BrandMan Retail Pvt Ltd.
    BrandMan Retail Pvt. Ltd. will take the onus to represent and grow the strategic presence of New Balance in India via strengthening its operations in India. It will be offering all its key products including new launches as well as iconic and performance-oriented shoes and apparel. BrandMan Retail Pvt Ltd operates New Balance stores at Select CITYWALK and Pacific Mall in Delhi, Mall of India in Noida, and Alpha One Mall in Ahmedabad. The company will further grow the presence of New Balance across India with key retail players like Shoppers Stop, Centro Grande, and others, leading up to as many as 35 points of sales across India by March 2022…
  • Rakesh Tikait: Won’t allow Haryana Govt to sell Karnal Agro Mall
    15 Nov 2021, Tribuneindia.com
    Amid the reports of selling the Agro Mall, constructed in the previous Congress regime, BKU leader Rakesh Tikait today reached the mall and warned the government that if it tried to sell the property, farmers would lock the office of the Deputy Commissioner. Deputy Commissioner Nishant Kumar Yadav said the auctioning of the mall was being done by the Haryana State Agricultural Marketing Board as per the policy of the department…
  • China October industrial output, retail sales beat expectations
    15 Nov 2021, Moneycontrol.com
    China’s industrial output grew at a surprisingly faster pace in October, despite fresh curbs to control COVID-19 outbreaks and supply shortages that have threatened to undercut the recovery in the world’s second-largest economy. China’s industrial output grew 3.5% in October from the same period a year ago, official data showed on Monday, accelerating from a 3.1% increase in September. Retail sales growth also picked up. The industrial output growth beat expectations of a 3.0% year-on-year increase in a Reuters poll of analysts. Retail sales in October rose 4.9% on the year compared with the same period last year. Analysts in the poll had expected them to grow 3.5% in October after rising 4.4% in September. Fixed asset investment slowed however, rising 6.1% in the first 10 months from the same period a year earlier, compared with the 6.2% increase tipped by a Reuters poll and the 7.3% rise in January-September…
  • Tarsons Products IPO subscribed 30% on day one, retail portion booked 61%
    15 Nov 2021, Moneycontrol.com
    The initial public offering of Tarsons Products, an Indian Labware company, received bids for 33.1 lakh equity shares out of 1.08 crore up for grabs, subscribing 10 percent on the debut day. The offer size has been reduced from 1.54 crore equity shares earlier as the company raised Rs 305.96 crore from anchor investors on November 12. The portion set aside for retail investors was subscribed 61 percent while 2,970 shares were subscribed by non-institutional investors. Employees, for whom 60,000 equity shares are reserved, have put in bids of 132 shares. Qualified institutional buyers are yet to place in the bids. The issue closes on November 17…
  • Realty developer Saya Homes to invest over Rs 200 cr in developing retail space in Noida
    14 Nov 2021, Economictimes.indiatimes.com
    Realty developer Saya Homes will invest over Rs 200 crore in developing 200,000 sq ft of retail space in sector 131, Noida. The company has also recently acquired a stalled project near Noida expressway by taking over IIFL’s Rs 350 crore debt in sector 129. “The sectors like 129 and 131 are of high potential locations for real estate projects and it will stand out as the new high street commercial destination in Delhi NCR,” said Vikas Bhasin, managing director of NCRbased Saya Homes. The company has acquired 1.72 acre land inside the Jaypee wish town for over Rs 100 crore. “We will invest another Rs 100 crore in developing the project. In sector 129, the commercial project with development potential of 1.3 million sq ft, will be completed in three years, while this retail project will be completed in two years,” Bhasin said…
  • Opening G-Sec markets to retail can be a game changer
    14 Nov 2021, Timesofindia.indiatimes.com
    In a strategic move, participation of individuals in the government securities (G-Sec) market is now formally opened up with the launch of ‘(RBI) Retail Direct’, as a one-stop solution to facilitate investment in G-Secs by individual investors. It paves way for small investors to explore a safe medium of investment accessing a wider range of securities markets for earning stable better risk-adjusted returns. With this move, India joins the select few countries that have given retail investors access to its trading platform, which is currently accessible to institutions such as banks, insurance companies, foreign investors and pension funds…
  • RBI’s ‘Retail Direct Scheme’ receives healthy response
    13 Nov 2021, Business-standard.com
    Reserve Bank of India has received a healthy response for its customer centric initiative of ‘Retail Direct Scheme’. The scheme provides a new medium of investment in government securities. In a tweet, RBI on Saturday said: “Encouraging response to RBI Retail Direct Scheme; 12,000+ registrations as of 2.30 pm on November 13, 2021. #RBIRetailDirect #RBItoday.” The scheme was launched by Prime Minister Narendra Modi on Friday. At the launch event, Prime Minister Modi said the ‘Retail Direct Scheme’ has given small investors in the country a simple and safe medium of investment in government securities. Till now, small investors found the investment exercise in G-sec as a cumbersome process…
  • Frustrated retail workers say they’re getting overloaded with work due to chronic understaffing
    13 Nov 2021, Businessinsider.in
    When Terry started working in the produce department of his local Whole Foods – pre-pandemic – there was always something to do. He could help out the floral section, chop fruit, or assist customers on the floor. But that was before the pandemic, when his store was “pretty darn well-staffed.” During the pandemic, Terry found himself tackling tasks completely outside his job description, like washing carts outdoors in the freezing Pennsylvania winter or finishing work left by the dwindling overnight crew, like unloading pallets. Now, managers have to take to posting printouts enticing volunteers for overnight overtime…
  • Zirakpur becoming the next retail destination
    13 Nov 2021, Constructionweekonline.in
    With India’s population, the potential of high-demand generation, especially in the retail sector is estimated at almost $900 billion in 2020, and to grow to $1.7 trillion by 2026. According to a new report by Anarock Retail, between April 2020 and May 2021, some of the leading retail brands closed over 120 lease deals at prominent high street markets across Indian cities and towns. The deal sizes ranged for areas as low as 400 sq. ft. and went all the way up to 35,000 sq. ft, the report states. Of the categories that closed high street leases, apparel had the largest share of deals with an over 23% share, followed by F&B with a 15% share, and jewellery with 12%. Hypermarkets and supermarkets mostly leased large high street spaces in smaller towns and cities. The prominent tier II and III cities include Chandigarh, Lucknow, Ahmedabad and smaller towns in Uttar Pradesh and Madhya Pradesh…
  • त्योहारों और शादियों के सीजन में रिटेल सेक्टर को काफी बेहतर रिस्पॉन्स मिल रहा है
    12 Nov 2021, Twitter.com
    देखिए इनफिनिटी मॉल्स के CEO मुकेश कुमार से सौरभ पांडे की खास बातचीत …
  • Reliance Retail acquires ‘amante’ from MAS Holdings
    12 Nov 2021, Economictimes.indiatimes.com
    The ‘amante business’, which was established by MAS in 2007, is engaged in retail and wholesale distribution of premium lingerie under brands ‘amante’, ‘Ultimo’ and ‘every de by amante’. The products are sold through company-owned stores and multi-brand outlets, as well as through its e-commerce channels across India and Sri Lanka…
  • For retailers, high street is flavour of the season as demand picks up
    12 Nov 2021, Business-standard.com
    Now that demand is picking up, retailers are increasingly opting for high street stores, since mall expansion has been subdued owing to the lack of quality malls as well as the fact that many malls were forced to shut down because of the pandemic. Shubranshu Pani, managing director, retail services, JLLIndia, said, “Retail expansion is skewed towards expanding at high street locations as malls were the first ones to down their shutters during the first and second wave of the pandemic…
  • Why 2022 Should Be The Year Of Personalization In Retail
    11 Nov 2021, Forbes.com
    The pandemic has changed the way consumers shop for the better part of two years, and most experts agree the way we buy goods has been altered permanently. While recent data reveals the majority (76%) of customers are eager to return to stores, experts say the future of retail isn’t about brick-and-mortar vs. online shopping. Instead, the real challenge is going to be consistently delivering new experiences like curbside pickup and designing better ways to personalize the customer experience…
  • Retail sales hit pre-pandemic levels during Diwali; rising raw material cost remains a concern

    11 Nov 2021, Cnbctv18.com
    Diwali turned out to be the much needed boost for the fashion and lifestyle retailers. After losing nearly Rs 25,000 crore in annual sales during the pandemic, retail sales are back to pre-pandemic levels. This is encouraging retailers to go full throttle on expansion plans, from launching new brands to opening new stores…

  • How AI is Transforming the Retail Sector
    11 Nov 2021, Indianretailer.com
    It is heartening to see the retail sector slowly trying to get back on track after the impact that Covid-19 had created. Things are finally going back to normal, slow and steady and the retailers are taking all steps necessary to get their business back on track. And more than ever the one thing that the retail world has realized is the importance of a digital transformation and more so the role of Artificial Intelligence in this sector and the possibilities and opportunities that it can create…
  • Malls, shops, other private establishments ordered to vaccinate staff urgently
    11 Nov 2021, English.lokmat.com
    The District Collector Sunil Chavan has issued an order directing all the government, semi-government offices, private establishments and industries to complete vaccination of their staff on top priority. The order also underlined the owners of private establishments like malls, big grocery shops, multi-storeyed shopping centres, textile and clothing shops, and other establishments should also be vaccinated, stated the order…
  • Five Big Predictions for Retail in 2022
    10 Nov 2021, Chainstoreage.com
    Just as 2020 took retailers by storm and taught brands a lesson or two in resilience, 2021 held its own surprises. The vaccine rollout and the return of many Americans to work proved positive for overall sales. However, retailers continue to face a number of other challenges, including supply chain issues that are still hampering the shipping and delivery of goods…
  • BrandMan Retail takes over apparel brand New Balance in India
    09 Nov 2021, Livemint.com
    Delhi-based BrandMan Retail has acquired the retail arm of American sportswear brand New Balance in India. The retail solutions provider will represent the company’s presence in India via omnichannel retail, taking over from its earlier India partner, Major Brands…
  • Future Retail takes Reliance deal saga to Supreme Court
    09 Nov 2021, Livemint.com
    India’s Future Retail has asked the country’s top court to stall a Singapore arbitration panel’s decision to freeze a $3.4 billion asset sale after e-commerce giant Amazon had sought to block the deal. The dispute started when Future Retail, India’s second-largest retailer with more than 1,700 stores, agreed last year to sell retail and other operations to India’s biggest retail group Reliance Industries…
  • V-Mart Retail reports net loss of Rs 14.14 crore in September quarter
    09 Nov 2021, Business-standard.com
    V-Mart Retail Ltd on Monday reported narrowing of net loss to Rs 14.14 crore for the second quarter ended September 30, 2021. The value fashion and lifestyle products retailer had posted a net loss of Rs 18.96 crore in July-September period a year ago, it said in a regulatory filing.Revenue from operations was up 92.58 per cent to Rs 337.97 crore during the period under review as against Rs 175.50 crore in the corresponding period of the previous fiscal year…
  • NMC plans to construct Metro Mall in 30 months
    09 Nov 2021, Timesofindia.indiatimes.com
    After delaying it for two years, the Nagpur Municipal Corporation wants construction of Metro Mall to be completed in 30 months. The NMC’s project has submitted a proposal in this regard before the standing committee which will meet on 10 November. Recently, the NMC shortlisted a private agency which has agreed to pay Rs 10 crore more than the bid amount of Rs 45 crore…
  • Lulu Mall in Thiruvananthapuram, one of largest shopping malls in country, will be inaugurated on December 16; these are main attractions
    09 Nov 2021, Keralakaumudi.com
    THIRUVANANTHAPURAM: Lulu Mall, which offers one of the largest shopping experiences in the capital, will be inaugurated by Chief Minister Pina on December 16, MA Yusuff Ali informed. This is Lulu Group’s second shopping mall in Kerala. Opposition leader VD Satheesan will preside over it which will be attended by Union Minister V Muraleedharan, state ministers, Shashi Tharoor MP, Deputy Leader of the Opposition PK Kunhalikutty from the Middle East and business leaders. Yusuff Ali added that due to Covid norms only those invited would be allowed to attend the inauguration ceremony and he regrets not being able to invite more people to the ceremony…
  • Asia Gold-Festivities, price dip light up demand in India
    06 Nov 2021, Retail.economictimes.indiatimes.com
    Physical gold demand in India, the world’s second largest consumer, jumped this week as buyers took advantage of a slight dip in prices and bought the precious metal during the festival season. “Retail demand during Dhanteras and Diwali was 25% more than the pre-pandemic level of 2019,” said Amit Modak, chief executive officer at jeweller PN Gadgil and Sons, adding that consumers were mainly buying jewellery…
  • Pandemic induced: Covid-19 accelerates PVR’s business diversification
    06 Nov 2021, Retail.economictimes.indiatimes.com
    Covid pandemic might have battered the cinema exhibition industry’s core business but it has also accelerated diversification, PVR’s Chief Executive Gautam Dutta said. In a conversation with IANS, Dutta said the pandemic has given a push to diversify the business and fully utilise available resources. “We have forayed into new segments such as packaged F&B (PVR popcorn) and now ‘V-Pristine’. The pandemic gave us time and the necessity to plan for these new ventures,” he said…
  • Retailers dream of a glitzy Christmas, even as supply chain snarls loom
    05 Nov 2021, Retail.economictimes.indiatimes.com
    When Whitney Bromberg Hawkings launched her London-based floral business Flowerbx in Los Angeles last November, she noticed a number of clients, on their own for the holidays, treated themselves to bouquets. “There were cards that said, ‘Dear me, you can get through this week’- a lot of them,” said Bromberg Hawkings. This year, it’s a different story: It’s dinner for 30, dinner for 40, full-house décor…
  • World food prices hit new 10-year high in October: FAO
    05 Nov 2021, Retail.economictimes.indiatimes.com
    World food prices rose for a third straight month in October to reach a fresh 10- year peak, led again by increases in cereals and vegetable oils, the UN food agency said on Thursday. The Food and Agriculture Organization’s (FAO) food price index, which tracks international prices of the most globally traded food commodities, averaged 133.2 points last month compared with a revised 129.2 for September. The September figure was previously given as 130.0. The October reading was the highest for the index since July 2011. On a year-on year basis, the index was up 31.3% in October…
  • Centre cuts basic duties on edible oil to ease retail prices
    05 Nov 2021, Livemint.com
    The Centre on Friday cut basic duty on crude palm oil, crude soyabean oil and crude sunflower oil from 2.5% to nil in a bid to rein in a continuous rise in the cooking oil prices since past year. The agri-cess on these oils has been brought down from 20% to 7.5% for crude palm oil and 5% for crude soybean oil and crude sunflower oil, the Finance Ministry said in a statement. The basic duty on RBD Palmolein Oil, Refined Soyabean and Refined Sunflower Oil has been slashed to 17.5% from the current 32.5%…
  • Explained: Why did the government hike GST rate for garments under Rs 1,000?
    04 Nov 2021, Moneycontrol.com
    The Indian government in September decided to increase the Good and Services Tax (GST) rate on readymade garments and fabrics that cost less than Rs 1,000. While the new tax rates will come into effect from January 1, the Indian textile industry is worried about the planned hike in the tax rate, arguing that such a move will affect 85 percent of the market and will lead to an increase in the prices of 80 percent of the final products. The government says that it has deferred its decision to hike GST rates on these products for two years now owing to the impact of the COVID-19 pandemic on households, and now as the industry recovers it is the right time to correct the problem of Inverted Duty Structure…
  • Inorbit Mall Hyderabad Enthrals Visitors With Kaleidoscope Installation
    02 Nov 2021, Everythingexperiential.businessworld.in
    Inorbit mall has elevated its festive ambience to another level by installing a grand kaleidoscope-themed display that reflects light from 3,50,000 glass crystals. It has entailed 20,000 handcrafted artisan mosaic chips in spectrum colors placed around the crystal pyramid. In addition, 10,000 golden pyramid mosaic chips were placed on the ceiling of the main installation to reflect all the facets of light. The installation took over 30,000 man-hours and 20 days to put together. The mall has themed its festive decor this year around love, light and happiness, leaving no stone unturned to illuminate its premises and the hearts of its visitors. Crackers and lanterns add to the festive celebrations while paying tribute to the tireless contribution of GHMC workers, doctors, nurses, and the police workforce through the pandemic…
  • R CITY Mall Opens Its Gates to People in Brand New Avatar
    02 Nov 2021, Everythingexperiential.businessworld.in
    R CITY Mall after undergoing a makeover with new interiors, on Tuesday said that it has opened its door to the people, amid the ongoing festival season in the country. Building onto the renewed catchphrase – ‘Experience the Extraordinary,’ the mall’s new look is set to offer a sublime experience to every visitor. As per the official statement, these developments come at a time when R CITY reopens to the public in adherence to the COVID-19 safety protocols, thereby keeping up with the changing times yet continuing to be the mall that Mumbai has loved since its inception…
  • Tenants’ sales at IKEA’s shopping malls grow 16%
    01 Nov 2021, Retail.economictimes.indiatimes.com
    IKEA ‘s shopping malls business, one of the world’s biggest, said on Monday its tenants’ sales were up 16% at constant exchange rates in the 12 months through August, to 6.6 billion euros ($7.6 billion). Ingka Centres, which has 47 malls anchored by IKEA stores across Europe, Russia and China and plans to enter North America and India, said footfall was up 1% as visitation fell 13% in Europe due to lockdowns in early 2020 but increased in Russia and China. The occupancy rate was roughly stable at 94%, it said in an emailed statement. Its leasable area is above 4,000 million square metres…
  • Forum mall makes one hundred percent business recovery post COVID
    01 Nov 2021, Deccan.news
    Forum Sujana Mall the sought-after destination Covid managed to recover one hundred percent of his business he did in the corresponding period in 2019. The Mall sees 60 percent footfall compared to earlier times but has recovered 100 percent as it does business compared to larger businesses. The Mall now has more than 15 exclusive brands…
  • The Quintessential Phoenix Digital Experience Expands Across India
    01 Nov 2021, Mangaloremirror.com
    The Phoenix Mills Limited (PML) is accelerating its India expansion of “Phoenix Nhance” mobile application after a successful December 2020 launch at Phoenix Palladium, Mumbai and Phoenix Market city – Bangalore bolstering 50,000+ downloads now extending across other centers. Compatible with Android and iOS, the Phoenix Nhance app serves as a digital extension of Phoenix Malls that brings the Phoenix experience and retail brand partners closer to the mall patrons even beyond the physical confines of Phoenix’s award-winning malls, offering them an elevated and rewarding shopping experience. The Phoenix Nhance app is available both as a download and as well as a web app along with a chatbot feature which enables 24×7 customer service to its mall patrons offering them the best-in-class rewards program, access to unparalleled offers, discounts, concierge services, video shopping facilities and special sale previews…
  • Iconic shopping destination R CITY Mall opens its gates to the city in a brand-new avatar
    01 Nov 2021, Apnnews.com
    One of the city’s favourite and the largest shopping destination for last ten years, R CITY Mall, has undergone a 360-degree makeover with completely revamped plush new interiors, ensemble of Iconic International brands, a widespread global F&B palate with 250+ cuisines accompanied by a brand new elegantly designed logo and tagline. With a sprawling courtyard spread across 24,000 sq.ft. that makes for a perfect venue for stand-up performances, musical gigs, food fests and much more, the mall is also the largest leisure and recreation hub of the city that houses 12+ leading entertainment centres…
  • Kolkata: Brisk business in malls on last weekend before Diwali
    31 Oct 2021, Timesofindia.indiatimes.com
    KOLKATA: City malls recorded decent footfalls on the last weekend before with stores selling gift items and jewellery doing a brisk. With Dhanteras scheduled on Tuesday, stores selling jewellery are looking forward to brisk sales beyond the weekend. For other retailers, there will be a bit of lull after this weekend before sales of winter wear picks up towards mid-December. But restaurants are looking forward to a good turnout on Bhai Phonta on November 6…
  • India’s Festive Shopping Outlook Report 2021
    31 Oct 2021, Telanganatoday.com
    Shopify India has released an exclusive industry trend report based on their 2021 Consumer Insights Survey. The Festive Shopping Outlook Report 2021 has been put together against the background of the pandemic, even as the Indian retail sector continues to witness radical changes when it comes to consumer behaviour and buying patterns. The survey, conducted between September 15, 2021, to October 20, 2021, amongst 800 metro and non-metro Indian shoppers, reveals changing consumer shopping preferences heading into the festive season. These trends will ultimately determine the course that the Indian retail sector will follow, by elevating consumer strategies and aligning themselves to the new order…
  • Local businesses to win big as consumers wake up to the advantages of shopping locally: Shopify report
    29 Oct 2021, Businessinsider.in
    Shopify India has released an exclusive industry trend report based on their 2021 Consumer Insights Survey. The Festive Shopping Outlook Report 2021 has been put together against the background of the pandemic, even as the Indian retail sector continues to witness radical changes when it comes to consumer behavior and buying patterns. The survey, conducted between September 15, 2021 to October 20, 2021 amongst 800 metro and non-metro Indian shoppers, reveals changing consumer shopping preferences heading into the festive season. These trends will ultimately determine the course that the Indian retail sector will follow, by elevating consumer strategies and aligning themselves to the new order…
  • Two in three Indian shoppers have not started festival buying yet: Study
    29 Oct 2021, Livemint.com
    The Shopify India study has found that pandemic-induced changes are here to stay, signifying a shift in consumer behavior, which will ultimately determine the course that the Indian retail sector will follow Listen to this article New Delhi: Indian consumers, typically known to start planning and shopping for the festivals much in advance, have yet to make their purchases this year. A study by Shopify India has found that two in three Indian shoppers have not started buying this season yet…
  • Viviana Mall Lights up Diwali with Instant Shop N Win Offers and Elaborate Décor
    29 Oct 2021, Businessnewsthisweek.com
    Mumbai: To ensure our patrons have an illuminating shopping experience, the central atrium of the mall is decorated with a lot of Swag and Pomp. Viviana Mall also announces their Diwali extravaganza ‘Shop N Win’ contest to be held from 20th October to 7th November, 2021.Viviana Mall’s ‘Shop N Win’ contest has loads to offer this Diwali. Customers will be eligible to register by shopping for Rs. 2000/- or more…
  • Diwali: Shopping again to 90-95% of pre-pandemic degree at malls in NCR | Noida News
    29 Oct 2021, Thegreaterindia.in
    This yr once more, malls are again with their Diwali decorations to welcome customers. Mall administration our bodies say that they’re getting into crucial time of the yr – the vacation buying season, and that they’ve seen an enormous leap in spending which is again to nearly pre-pandemic ranges. Electronics is most in demand The surge has been fairly constructive from Rakshabandhan onwards and administration groups of most malls say that whereas footfall is again to 70-75%, gross sales are again to 90-95% of the pre-pandemic ranges…
  • DLF Mall of India Strengthens Retail Portfolio with 30 New Brands Across Categories
    29 Oct 2021, Indianretailer.com
    With this DLF Mall of India has already opened 25 new retail stores across fashion, beauty, electronics, and food& beverage in the last three months and is aiming at opening another 5 stores by the end of October.Noida-based DLF Mall of India continues to strengthen its retail and F&B portfolio by welcoming more than 30 new international and home-grown brands across categories in Q2 of the current financial year…
  • Chalet Hotels Ltd to convert In orbit Mall Whitefield to Commercial Office space
    28 Oct 2021, Equitybulls.com
    The Board of Directors of Chalet Hotels Ltd at its meeting held today i.e., on October 28, 2021 has, considered and approved the discontinuation of operations of the Company’s retail premises viz. In orbit Mall Whitefield, Bengaluru and conversion of the same to Commercial Office space, and the consequent termination of the Management & Royalty Agreements with Inorbit Malls (India) Private Limited w.e.f. November 1, 2021 in respect of the same. The Company is actively engaging to let out the space as commercial office space…
  • Let’s spread Happiness and Joy this Diwali at Select CITYWALK
    28 Oct 2021, Hospibuz.com
    This year, Diwali celebrations and festivities at Select CITYWALK take on a whole new meaning as they capture the true essence of festivity and happiness. Keeping in mind the fervour of Diwali, Delhi’s most admired shopping centre kick-starts the season of light and joy with an exemplary display of festive décor that will delight as well as activities that will enthral the soul…
  • Diwali boom: Festive spirit is back, sales up in Chandigarh markets
    28 Oct 2021, Hindustantimes.com
    Business has also started picking up at shopping malls in Chandigarh, sales this Diwali at 90% of what was recorded in 2019 Hit by the pandemic in 2020, traders in Chandigarh are reporting an uptick in sales ahead of Diwali this year. Although the footfall hasn’t reached the pre-pandemic levels, the business has improved across markets as Covid-19 cases remain on the lower side. Chandigarh Beopar Mandal president Charanjiv Singh said: “Most markets are reporting good footfall and festive stalls are also a hit…
  • ‘Sound of Happyness’ at TI Mall
    28 Oct 2021, Dailypioneer.com
    With the festival of light- Diwali just around the corner, Treasure Island & TI NEXT Mall is all geared up to give everyone in the city a grand experience of the Sound of Happyness décor and celebrate this day with much fun and fervour.This year at Nexus Malls’ portfolio of malls, patrons can also contribute and add to the Sound of Happyness by purchasing bells and adding to a noble cause…
  • 7 in 10 Indians ready to loosen purse strings this festive season: Survey
    28 Oct 2021, M.dailyhunt.in
    The Indian consumer and retail sector is all set to bounce back strong with e-commerce gaining a stronghold in the post-Covid-19 world.Grant Thornton Bharat’s survey on consumer buying trends has revealed that 75 per cent of respondents are ready to spend as much/more than the pre-Covid-19 levels. Over 4500 respondents participated in the survey conducted across digital platforms…
  • Omnichannel Shopping On Rise With Online As Primary Mode Of Discovery
    27 Oct 2021, Indianretailer.com
    Online and social media continue to influence consumers, while purchase decisions are largely based on product features, followed by experience and discountsOmnichannel shopping has been on the rise with online as the primary mode of discovery. Consumers express intent to shop online (73 percent) while they are also considering shopping at malls (66 percent) as well as at stand-alone shops (46 percent).Specifically, online and social media continue to influence consumers, while purchase decisions are largely based on product features, followed by experience and discounts…
  • The Best Shopping Malls In Delhi, Take A Look
    27 Oct 2021, Iwmbuzz.com
    Delhi is the best city and it’s a city of shopaholics and people can’t be restrained to their homes. The heat of Delhi binds you to your home and people are finding ways to chill out.Over the recent years, Delhi has witnessed the best development in terms of infrastructure. As a result, you will find luxurious shopping malls all over Delhi. So forget the heat and step into these centrally air-conditioned malls for spending a good time with your family members. Here we look at the best shopping malls in Delhi. DLF PROMENADE AND AMBIENCE MALL…
  • Nexus Malls completes transition of 7 Forum Sujana Malls in Hyderabad into its fold
    27 Oct 2021, Theoutreach.in
    Nexus Malls has completed the transition of the seven Forum Sujana Malls in Hyderabad into its fold, taking the number of malls in its network to 16 in 12 cities. “The last 18 months have been difficult for everyone across the country. A lot of things have changed during the pandemic – including consumer behaviour, shopping patterns and trends,” Jayen Naik, Senior Vice-President (Operations and Project), Nexus Malls, said in a statement. “The dwell times of people has reduced considerably, but the bill values have gone up considerably,” it said…
  • Hyderabad: Forum Sujana Mall witnesses 100pc business recovery
    27 Oct 2021, Telanganatoday.com
    Hyderabad: Forum Sujana Mall in Hyderabad said it has managed to recover 100 per cent of its business that it did in the same months of 2019. The mall now has over 15 exclusive brands. Nexus Malls have inducted seven Forum Malls into their portfolio earlier this year, taking the count of malls to 16, spread across 12 cities. Since the transition to Nexus Malls, there have been several beautifications and upgrades underway at Forum Sujana Mall…
  • DDMA Covid review meet: Officials suggested making vaccination mandatory for entry into malls, Metro
    27 Oct 2021, Economictimes.indiatimes.com
    DDMA constituted panel has also recommended reopening schools for classes 6 to 8 in Delhi with 50 per cent student strength as it noted that there has been no reported instances of increased local transmission of COVID-19 due to reopening classes 9 to 12. A DDMA meeting was held in recently to review Delhi’s COVID-19 situation, in which the city health secretary suggested, among other measures, making vaccination mandatory for entry into malls and metro trains, minutes of the meeting showed…
  • Consumer shopping sentiment at its highest: Survey
    26 Oct 2021, Thehindubusinessline.com
    About 43 per cent of respondents are willing to spend in the range of ₹15,000 1,00,000 and Diwali cheer for Indian retailers as a recent survey by ‘Indian Festive Shopping Index’ by the Retailers Association of India (RAI) and LitmusWorld states that the consumer shopping sentiment is at its highest. The survey report states that over 94 per cent of the respondents are excited to shop during the ongoing festive season as compared to 80 per cent last year…
  • 94% consumers are excited about festive shopping: Report
    26 Oct 2021, Financialexpress.com
    As per the report, more consumers show intent to buy jewellery this festive season as opposed to last yearTopping the festive shopping list this year are apparels at 63%Topping the festive shopping list this year are apparels at 63%The survey reflects the rise of omnichannel shopping with online being the primary mode of discovery. 73% consumers express intent to shop online while 66% and 46% of them are also considering shopping at malls and at stand-alone shops, respectively, according to Retailers Association of India (RAI) and LitmusWorld’s annual survey…
  • Government Issues Covid Advisory For Festivals
    24 Oct 2021, Thegreaterindia.in
    Covid pointers for malls and native markets needs to be strictly adopted, the federal government stated. New Delhi: States should guarantee Coronavirus precautions are adopted strictly throughout the festive season, the federal government stated in an advisory on Saturday, itemizing measures like selling on-line purchasing and avoiding pointless journey to cease an infection charges from spiralling as they’ve in some international locations. The authorities has prompt measures like: Promote on-line modes of celebrations like on-line purchasing, discourage pointless journey…
  • Festive sales up but spends still low Festive sales up but spends still low Festive sales up but spends still low
    24 Oct 2021, Timesofindia.indiatimes.com
    Diwali is just around the corner and the bustle on the streets and markets, crowded stores and malls reflects a positive consumer sentiment.People who observed restraint, skipping festivities and gatherings last year are going all out, albeit with caution, and not just in fear of Covid-19. Clothing and home décor stores, developers’ offices and residential building sites, malls and departmental stores, jewellery and electronic goods showrooms, and even tour operators are witnessing good footfalls and sales…
  • Nexus Malls sees business at pre-pandemic level by December
    23 Oct 2021, Economictimes.indiatimes.com
    Nexus has completed the transition of the Forum Malls portfolio amid the pandemic. It had acquired Forum Malls as part of a $1.2 billion deal between Blackstone and the Prestige Group to take over the income-generating retail assets of the latter. Representational image) Nexus Malls — the mall management arm of the Blackstone Group in India — has seen 90% business recovery after the demand dent due to the Covid-19 disruption, said Jayen Naik, its senior vice president for operations and projects. The company now aims to recover to 100% of the pre-pandemic, 2019, levels by December-end…
  • Nexus Malls to expand portfolio via Blackstone’s acquisitions
    23 Oct 2021, Vccircle.com
    Nexus Malls, which is owned by Blackstone Group Lp, is looking to expand its portfolio of shopping malls through aggressive acquisitions by the US-based asset manager, said a top company executive.Nexus, which started operations in 2016, houses the retail assets of Blackstone, which is also the largest commercial office space owner in the country. Once Blackstone acquires a shopping mall, it is then brought under Nexus to operate.With the acquisition of Bengaluru-based Prestige Group portfolio of seven shopping malls earlier this year, across 4.4 million sq ft, Nexus Malls is currently the largest mall operator in India…
  • Now showing Cinema halls theatres reopen in Maharashtra
    23 Oct 2021, Theweek.in
    Cinema halls, drama theatres and auditoriums reopened in Maharashtra after several months on Friday with 50 per cent seating capacity and COVID-19 protocols as the second wave of the pandemic appears to be ebbing in the state.These establishments, shut after the second wave hit the state, have reopened just ahead of Diwali in line with the state government’s policy to ease coronavirus-related curbs. Earlier, the state government had allowed reopening of religious places and schools for Classes 8 t 12…
  • Retail reaching pre-COVID levels; festival provides boost
    22 Oct 2021, Indiasnews.net
    The retail segment was witnessing a surge after May 2021, when second wave restrictions were eased; the festival season also acted as catalyst for the jump in sales and footfall at various malls.As per CBRE’s’India Retail Reboot 2021′ report, the recovery gained momentum in early 2021, especially across southern and northern cities as Pan-India retail sales in February 2021 touched almost 93% of February 2020 (pre-COVID) levels.With the opening up of the economy post-lockdowns, the recovery has been strong…
  • Retail Reaching pre-COVID Levels; Festival Provides Boost
    22 Oct 2021, Newsr.in
    The retail segment was witnessing a surge after May 2021, when second wave restrictions were eased; the festival season also acted as catalyst for the jump in sales and footfall at various malls.As per CBRE’s ‘*India Retail Reboot 2021*’ report, the recovery gained momentum in early 2021, especially across southern and northern cities as Pan-India retail sales in February 2021 touched almost 93% of February 2020 (pre-COVID) levels. *An Imagine Apple store in Gurugram* With the opening up of the economy post-lockdowns, the recovery has been strong…
  • Mall reports biz recovery
    21 Oct 2021, Tribuneindia.com
    Chandigarh, October 20Notwithstanding changing customer behaviour and patterns, the Elante mall has claimed that they managed to recover over 90 per cent of the business that they did in the same months of 2019.“A lot of things have changed during the course of the pandemic, including consumer behavior, shopping patterns and trends. For some time now, the customer journey has been evolving. It’s no longer simply about visiting a store. It now involves an overall brand experience,” said Anil Malhotra, Executive Director, Corporate Affairs, Hospitality, Offices & CSR, Nexus Malls…
  • Revenue reaches almost pre-Covid levels at Elante Mall, cinemas continue to struggle
    21 Oct 2021, Indianexpress.com
    Officials from the management of Elante Mall said that by September, they were able to recover 90 per cent of their business, compared to the same months of 2019.FOR THE first time since the Covid-19 pandemic swept over the country, the largest shopping mall in Chandigarh, Elante, has managed to attain pre-Covid sale numbers. The cinemas inside the mall, however, continue to struggle and data showed that they have recovered only up to 10-15 per cent of their pre-Covid sales ever since their reopening in July this year…
  • Experience a Month of Grand Festivities at Bhartiya Mall of Bengaluru
    20 Oct 2021, Bizwireexpress.com
    Bhartiya Urban (BusinessWire India)Business Wire IndiaBhartiya Urban, an integrated developer of large-scale real estate and commercial projects, announced the launch of their most-awaited project, Bhartiya Mall of Bengaluru in Bhartiya city.Located in the heart of North Bangalore, the Bhartiya Mall of Bengaluru is spread across an area of seven and half lakhs sq ft (phase1). Visitors from all over Bangalore can shop at the mall as it is well connected to every significant centre and hub in Bangalore…
  • Ahead of Diwali, shoppers make the most of offers and relaxed guidelines
    20 Oct 2021, Timesofindia.indiatimes.com
    The festive season has not just come as a respite for many businesses, but also for shoppers who have been looking forward to making the most ofthis time by stepping out to make purchases, of course while following all safety protocols. Increase in footfall, compared to last year Malls have seen a substantial growth in footfall and purchases since they reopened. While there still are some restrictions, including entry for fully-vaccinated patrons, mall authorities say there’s been a positive change. “The response is much better than last year…
  • Maharashtra govt extends timings for shops till 11 pm and restaurants till midnight with immediate effect
    20 Oct 2021, Freepressjournal.in
    The order, signed by Chief Secretary Sitaram Kunte said, “With immediate effect, all restaurants and eateries may be allowed to function till midnight till 12 am and all other establishments that have been allowed to function by the Government may be allowed to function till 11 pm. Local District Disaster Management Authority may restrict these timings further if so, deemed fit due to any local requirements but shall not relax it further without consent of State Disaster Management Authority.”…
  • HEAD OVER TO PHOENIX MARKETCITY TO CELEBRATE FESTIVE SEASON LIKE NEVER BEFORE!
    19 Oct 2021, B4umedia.in
    HEAD OVER TO PHOENIX MARKETCITY TO CELEBRATE FESTIVE SEASON LIKE NEVER BEFORE!19 October 2021, Chennai : Phoenix MarketCity and Palladium is all geared up to celebrate the festival of lights in a pompous manner. Get enchanted by the magnificent light décor, indulge in a plethora of activities, immerse yourself in mouth-watering festive delicacies and shop to win exciting prizes at the Phoenix Festival from 7th of October 2021.At the Phoenix Festival, the visitors can enjoy the ‘Thousand Lights’ d écor, symbolizing the importance of illuminating people’s lives, they can also go on a festive merchandise shopping spree…
  • Maharashtra government extends timing of restaurants; amusement parks to reopen from October 22
    19 Oct 2021, Timesofindia.indiatimes.com
    Maharashtra government extends timing of restaurants; amusement parks to reopen from October 22 Clara Lewis Chittaranjan Tembhekar / TNN / Updated: Oct 18, 2021, 20:04 IST MUMBAI: Maharashtra chief minister Uddhav Thackeray has directed the administration to issue guidelines for extending the business hours for restaurants and bars. Mumbai island city guardian minister Aslam Shaikh said the timings will be restored to pre-Covid times i.e. 1.30 am by the end of the week, all other conditions remaining the same including a 50% occupancy limit…
  • Mumbai: People with single vaccine dose may also be allowed in malls, local trains after Diwali
    19 Oct 2021, Indiatoday.in
    Maharashtra health minister Rajesh Tope indicated on Sunday that if Covid-19 cases continue to decline in Maharashtra, the government may allow citizens with single vaccine doses to participate in all activities in opened up sectors after Diwali. As per the current guidelines of the Brihanmumbai Municipal Corporation (BMC), citizens who have received both doses and have completed 14 days after the second dose are allowed in malls, theatres and local trains. If Covid-19 cases continue to decline in Maharashtra, the government may allow citizens with single vaccine doses to participate in all activities in opened up sectors after Diwali…
  • Retailers anticipate bumper Diwali as festival spirit lifts consumer sentment
    18 Oct 2021, Moneycontrol.com
    Offline retailers across the categories reported a surge in sales and footfalls with the approach of the festivals with increased traction for categories such as large appliances, smart watches, home furnishings and kids’ wear.Retail Sector | Representative Image (PC-Shutterstock)Retail Sector | Representative Image (PC-Shutterstock)With the festive fervour kicking in across the nation, offline retailers from across the segments have reported a surge in sales as well as footfalls. Retailers such as Fabindia, Bata India, Vijay Sales, and Westside witnessed strong sales and footfalls in the week leading up to Durga Puja and Dussehra as consumers shopped for the approaching festivals…
  • Kolkata malls see record Puja crowd, sales
    18 Oct 2021, Timesofindia.indiatimes.com
    KOLKATA: After surpassing 2019 sales in the run-up to Durga Puja , malls in the city turned into hangout zones for youngsters and clocked record food and beverage (F&B) sales during the festive days. At South City , one of the most popular malls in the city and the largest in eastern India, footfall and revenue during Durga Puja have not only exceeded the numbers clocked in 2019, but have been the highest ever…
  • Sales rebound, retailers start paying out more to malls
    16 Oct 2021, Cfo.economictimes.indiatimes.com
    September retail sales stood at 96% of what it was during the same month in 2019, up from 88% in August, according to a survey by the Retailers Association of India (RAI).Several brands and restaurants have started to share a higher percentage of revenue with malls as business has rebounded almost to pre-pandemic levels with Covid numbers declining and more people getting vaccinated. This had been lowered as part of pandemic-era agreements with shopping centres as malls had to close during the lockdown and then saw few customers when they reopened…
  • Purchasing malls: Sales rebound, retailers begin paying out extra to malls
    16 Oct 2021, Thegreaterindia.in
    Several manufacturers and eating places have began to share the next share of income with malls as enterprise has rebounded nearly to pre-pandemic ranges with Covid numbers declining and extra folks getting vaccinated. This had been lowered as a part of pandemic-era agreements with purchasing centres as malls needed to shut through the lockdown after which noticed few clients after they reopened. “When we had given rental waivers, we had asked them for 1-2% higher revenue share to kind of balance our losses,” mentioned Abhishek Bansal of Pacific Malls, which operates three malls in Delhi…
  • Retail Industry May See Full Recovery In October-November Period
    15 Oct 2021, Franchiseindia.com
    Consumer durables and electronics, food and groceries, and quick service restaurants (QSR) have fully recovered and are indicating double-digit growthAs the festive season continues, RAI (Retailers Association of India) has shared the retail sales figures for September 2021. For the month, sales stood at 96 percent of the pre-pandemic levels (September 2019). Moreover, compared to September 2020, 26 percent growth in sales has been observed in September 2021.In fact, in categories, consumer durables and electronics, food and groceries, and quick service restaurants (QSR) have fully recovered and are indicating double-digit growth on pre-pandemic levels…
  • Head straight to Phoenix Marketcity, Mumbai this festive season – the ultimate wedding shopping destination for the whole family!
    15 Oct 2021, Weddingsutra.com
    The season of joy, celebration and lights is round the corner, and Phoenix Marketcity Mumbai is all geared up with the epic Phoenix Wedding Festival! Make your wedding shopping a family affair at the biggest mall in India which beckons you to cherry-pick from the best of luxury brands with something for everyone.An Indian wedding celebration is a grand affair that involves an entire family, and the legwork to plan and prep can be understandably exhaustive! Fret not, as the Phoenix wedding festival is here to address all your needs while making the wedding shopping as enjoyable as the wedding…
  • Festive cheer catching up; retailers expect healthy consumption trend in October
    14 Oct 2021, Cnbctv18.com
    The Retailer’s Association of India says that sales in September have recovered to 96 percent over the pre-pandemic levels. To discuss how October is shaping up, CNBC-TV18 spoke with Kumar Rajagopalan, CEO, Retailers Association of India and Lalit Agarwal, Chairman and Managing Director, V-Mart Retail. From retail standpoint, consumers are trying to get more cheerful and the trend in September was good and this should pick up, according to Rajagopalan. According to Nilesh Gupta of Vijay Sales…
  • September retail sales near pre-pandemic levels: Retailers Association of India
    14 Oct 2021, English.newstracklive.com
    Mumbai: Retailers Association of India (RAI) on Wednesday said retail sales in September 2021 were at 96 percent of the pre-pandemic levels of September 2019. As compared to September 2020, there was a 26 percent growth in sales last month, led by strong growth in South India at 33 percent, followed by East at 30 percent, and 26 percent in West. NOrth India also registered a growth of 16 percent, according to RAI’s Business Survey- Round 20…
  • Festive Season Seems Bright As Consumer Sentiments Rise
    14 Oct 2021, M.dailyhunt.in
    Retail sales in September were at 96 per cent of the corresponding month last year, as against 88 per cent in August 2021.Consumer survey by LocalCircles reveals that the percentage of households planning to spend during the festive season has doubled from 30 per cent in May to 60 per cent in September. Published: 13 Oct 2021, Updated: 13 Oct 2021 8:15 pm Retail businesses across regions are nearing recovery indicating consumer sentiments have improved considerably in the country…
  • Multiplexes across city may reopen in a staggered way
    13 Oct 2021, Retail.economictimes.indiatimes.com
    The Maharashtra government on Tuesday released standard operating procedures (SOP) on the reopening of multiplexes in the state. One of the new protocols in the SOP is having in place fully vaccinated staffers, which could become a hurdle for some multiplex properties in opening as early as October 22. October 13, 2021, 08:23 IST Multiplexes in the city are likely to reopen in a staggered manner and not all properties may become functional from October 22, the day the Maharashtra government has given them permission to resume operations…
  • Cinema halls in Maharashtra to resume from October 22 at 50% capacity
    13 Oct 2021, Hindustantimes.com
    The cinema halls, single-screen theatres, drama theatres and auditoriums in Maharashtra will open their doors from October 22 at 50% seating capacity. The Maharashtra government issued guidelines to allow the reopening of cinema halls, drama theatres and auditoriums, while not mandating entry only to fully vaccinated people. Patrons are, however, mandated to have the Aarogya Setu app showing “safe status” to be allowed entry. The cinema halls, single-screen theatres, drama theatres and auditoriums will open their doors from October 22 at 50% seating capacity…
  • Launch of Global Malls by international conglomerate, Lulu Group
    12 Oct 2021, Bangaloretodays.wordpress.com
    Lulu Group launched their first venture in Karnataka today with Global Malls in Rajajinagar.Commenting on the launch, Yusuff Ali M.A. – CMD, Lulu Group said, “We are very excited about the Indian market. Lulu Group has made a combined retail investment of 5000 crores in 5 properties in India, namely the operational Lulu Mall Kochi, Y Mall Triprayar, Global Malls Bengaluru, and the soon to be launched Lulu Mall Trivandrum and Lucknow. We are looking at 25 more Lulu Hypermarkets in the near future…
  • Puja sales cross 2019 figures in Kolkata malls
    11 Oct 2021, Timesofindia.indiatimes.com
    Puja sales cross 2019 figures in Kolkata malls Subhro Niyogi / TNN / Updated: Oct 11, 2021, 10:11 IST KOLKATA: Malls in Kolkata have bounced back with a bang, clocking more revenue during the festive sales than it had done prior to the pandemic in September-October, 2019. If the momentum persists through Diwali and Christmas, this could turn out to be one of the best second half for malls in Kolkata, despite the three-month closure during the second wave…
  • Pacific Mall D21 hosted movie screening festival for Air Force & Army officers
    11 Oct 2021, Indiaretailing.com
    Pacific Mall Dwarka 21 in their campaign to salute the valor and dedication of Air Force & Army officers on the Air Force Day hosted a moviescreening for 1000 Air Force officers and their families for two days. The families of Air Force officers were sent exclusive invites to watch popular Hollywood actor James Bond’s latest movie ‘No Time to Die’ in PVR theatres. Lt. Gen Tarun Kumar Chawla, Director General of Artillery, was the Chief Guest of the event and he also attended the movie screening with his family members…
  • Lulu Group opens third shopping mall in India; to launch two more malls in next 6months, says CMD
    11 Oct 2021, Devdiscourse.com
    A. Yusuff Ali said the company had committed an investment of around Rs 4,500 crore for the development of five shopping malls in India in the first phase of expansion in the country and out of the five, the three malls have already become operational at Kochi, Thrissur and now Bengaluru.The Global Mall at Rajajinagar in Bengaluru, comprising 8 lakh square feet, is not owned by the Lulu group but it will manage and operate the property.We have one large hypermarket in Kochi and one small hypermarket in Thrissur district…
  • ‘Online shopping will thrive, but malls are here to stay’
    11 Oct 2021, Livemint.com
    We will be launching our online business in Bengaluru as well because we want to provide an omni-channel shopping experience for our customers: Lulu Group chairman and managing director M.A Yusuf Ali Listen to this article BENGALURU : Abu Dhabi-based Lulu Group International has opened its new shopping mall in Bengaluru, after the pandemic somewhat delayed its mall development pipeline in India. Global Malls, an eight lakh sq ft property in Rajajinagar, opened on Monday and is spread across 14 acres…
  • As festival season begins, masking and social distancing compliance hits new low: Survey
    10 Oct 2021, Newindianexpress.com
    The survey respondents also said the top indoor locations where they have observed low social distancing compliance were vaccination centres, trains, buses, malls and indoor shopping complexes.NEW DELHI: As India enters the festival season, a survey by a digital community-based platform that has measured basic COVID-19 safeguards found that only 13 per cent people rated mask compliance in their area and district as effective while just 6 per cent termed social distancing norms as beneficial…
  • Shopping and adda rule as festive fever grips Kolkata
    08 Oct 2021, Telegraphindia.com
    A crowded Tridhara puja pandal on Sunday evening. Picture by Gautam BoseIf the first half of Sunday saw the rush of last-minute shoppers, the number of pandal-hoppers started swelling after sundown.Some did both.Abhiraj Sen, 32, who works with a private company in Hyderabad, arrived in his hometown for the Puja on Friday.On Saturday, he was at Quest Mall in the afternoon.“I bought new clothes for myself and my parents. Now, I will visit a couple of pujas in the Gariahat area before a night-long adda with friends,” said Sen, who lives in the Deshapriya Park area in south Kolkata…
  • Revenge Watching: New content, diversified offerings thrust life into multiplexes
    07 Oct 2021, Newkerala.com
    New Delhi, Oct 6: Pandemic-battered multiplexes have turned a page with pent-up demand along with new content drawing in moviegoers, thereby accelerating the industry’s recovery.The sector, formally known as ‘cinema exhibition industry’, has been one of the hardest hit due to the Covid-19 pandemic, causing revenue and employment loss.Till recently, cinemas and multiplexes in many states remained in the list of prohibited activities to curb the spread of the pandemic.However, accelerated pace of vaccination as well as easing Covid restrictions and lower transmission rates have turned the tide for the sector…
  • Orion Malls Shopping Festival to Celebrate the spirit of Dussehra & Deepavali
    07 Oct 2021, Indiannewz.wordpress.com
    Bengaluru 7th October 2021… Orion Malls – Orion Mall at Brigade Gateway, Orion Avenue at Cooke Town and Orion Uptown at Whitefield-Hoskote Crossing, is all set to bring the cheer and splendour of the Festive season with the Orion Shopping Festival which includes a slew of exciting offers and amazing prizes to delight their patrons. A host of irresistible attractions await those who wish to partake in the festivities. Every customer who makes a purchase of Rs 3000 and above can participate in a lucky draw to win the bumper prize of a studio apartment at Brigade 7 Gardens…
  • Inorbit Mall Vadodara Awarded ‘Most Admired Shopping Centre’ At Mapic Awards 2021
    07 Oct 2021, Businessnewsthisweek.com
    Vadodara: October 7, 2021 – Inorbit Mall Vadodara was awarded the ‘Most Admired Shopping Centre of the Year,’ in the West Non-Metro region at the MAPIC India Awards 2021 held in Mumbai last week.MAPIC India, formerly India Retail Forum (IRF) is India’s premier annual event for the retail industry, that has been lauding the innovative and effective initiatives of shopping centres in India since 2004. The award was received by Mr. Rohit Gopalani, Vice President, Leasing, Inorbit Malls at the awards ceremony held at the Renaissance Hotel in Mumbai city…
  • Around 4.5 million sq ft of new mall space in tier I & II cities likely in 2021
    07 Oct 2021, Financialexpress.com
    Besides, construction took a major hit during the lockdowns. With consumer confidence improving, the mall segment has started witnessing rising footfalls, and developers are expected to offload around 4.5 million sq ft (MSF) of new mall space across tier-I and II cities.Around 4.5 MSF of new supply is planned for 2021. This new supply will be spread across tier I and II cities of India, with tier I cities accounting for around 90% of the space…
  • Orion Malls brings festive offers for its customers
    06 Oct 2021, Indiaretailing.com
    Orion Mall at Brigade Gateway, Orion Avenue at Cooke Town and Orion Uptown at Whitefield-Hoskote Crossing, is all set to bring the cheer and splendourof the Festive season with the Orion Shopping Festival which includes a slew of exciting offers and amazing prizes to delight their patrons. A host of irresistible attractions await those who wish to partake in the festivities. Every customer who makes a purchase of Rs 3000 and above can participate in a lucky draw to win the bumper prize of a studio apartment at Brigade 7 Gardens…
  • Hyderabad to get 8 new malls by 2023
    06 Oct 2021, Newindianexpress.com
    Dilsukhnagar, Sagar Road, BHEL areas chosen; realtors see bright future for retail spaceHYDERABAD: Hyderabad is all set to get eight new malls in the next two years as realtors see a bright future for a business in multiplexes along with retail space in the coming days.Though construction of the new malls was supposed to commence earlier, the first and second waves of Covid-19 delayed the process.According to realtors, the city which already has 12 malls will have a total of 20 malls once the new ones are opened by 2023…
  • Lake Shore may raise funds to acquire Viviana Mall: Report
    06 Oct 2021, M.dailyhunt.in
    Lake Shore India Advisory is planning to buy Viviana Mall in Thane from Singapore’s GIC and Ashwin Sheth group for Rs 2,000 crore. Lake Shore is in talks with private equity firm Apollo Global Management to raise $100 million (around Rs 740 crore) debt, Business Standard has reported. The proceeds from this transaction will be used to purchase the mall. Lake Shore is backed by Abu Dhabi Investment Authority (ADIA). “Lake Shore is planning to fund the mall acquisition through equity and debt. Talks with Apollo Global Management are at an advanced stage,” a source told the publication…
  • After covid blues, new mall projects are back on track
    05 Oct 2021, Infrabuddy.com
    Mall projects, stalled since the onset of the pandemic, are picking up pace this year, with an estimated 4.5 million square feet (sq. ft) of new supply added in 2021, according to data released by real estate consultancy Anarock Property Consultants.The fresh supply, a majority of which is expected to come up in Bengaluru, Mumbai, and Noida, however, is significantly lower than the 8.5 million sq. ft added across the top seven cities in 2019…
  • 4.5 mn sq ft of new retail mall supply expected to come up in 2021
    04 Oct 2021, Realtyninfra.com
    Mumbai: About 4.5 million square feet of new retail mall supply is expected to come up in 2021 in various Indian cities.Of this, at least 1.22 million square feet of new supply will come up in Bengaluru and around 1.1 million square feet each in Noida and Mumbai. The organized retail market is expected to grow at CAGR of 20-25 percent, according to ANARCK. Pankaj Renjhen, COO & Joint MD – ANAROCK Retail said, “Improving consumer confidence and a resilient long-term retail growth story translates into higher shopping spending, which reflects in the mall space scheduled for deployment in 2021…
  • Shopping Malls and E-Charging
    03 Oct 2021, Zeenews.india.com
    Besides malls, adults have to be partially vaccinated to enter places including government offices and restaurants in Jammu.New Delhi: The Jammu and Kashmir administration made at least one dose of COVID-19 vaccine mandatory for people visiting malls and other public places. The order came into effect on Saturday (October 2).Besides malls, adults have to be partially vaccinated to enter places including government offices and restaurants in Jammu.“First dose of COVID vaccine shall be mandatory for entry into govt offices, shopping malls, restaurants, public transport and other public spaces in Jammu from Oct 2…
  • Shopping Malls and E-Charging
    30 Sep 2021, Trafficinfratech.com
    As is seen in different projects around the world, the world is now looking at e-MaaS. And thus, it is only logical for us to look at e-PaaS as well. We discuss here what it might look like with electric charging taking centre stage at the parking space in shopping malls. Although EV adoption in India is slow, due to the FAME II schemes and rising fuels costs, there is a concerted push towards EV infrastructure to accommodate the expected requirements of the future. One such institution would be the Shopping Mall…
  • Multiplex owners are heading for another face-off with OTT players
    30 Sep 2021, Business-standard.com
    Cinema owners want to return to 8-week gap between theatrical and OTT release Multiplex chains have decided to push for doubling the gap between the theatrical release of a movie and its release on an over-the-top (OTT) platform from four to eight weeks from April 2022. The move could bring them at loggerheads with OTT players who had narrowed the gap between the two releases to four weeks in the wake of Covid-related restrictions in cinemas hall capacities (50 per cent in many areas)…
  • Colored Days Ahead For Cinema?
    29 Sep 2021, Bwmarketingworld.businessworld.in
    With Mumbai, the epicentre of the entertainment industry, resuming cinema operations soon, positive sentiments among the film fraternity is giving strong signals, further stretching to the regional film industry as well Succeeding the recent news of the Maharashtra government announcing to reopen cinema halls and drama theatres in the state ahead of Diwali, there is a wave of cheer and hope amongst the industry stakeholders. It looks like the cinema exhibition industry has had its share of gloomy & stagnated days and is finally rearing to come back in action…
  • Restaurants at food courts bounce back; welcome customers with added safety
    28 Sep 2021, Restaurantindia.in
    On an average, food courts contribute almost 8-10 percent of the total mall revenue and in the case of malls with great offerings in their food courts, this number can even go as high as 15 percent. Short Description One such trend which has become a veritable crowd magnet is the food court. The significance of dining out as an important form of entertainment is immense, and mall developers in India are taking all possible measures to embrace innovative ways of tempting the consumer to food courts…
  • Gurugram: Central Plaza Mall owners’ association to face audit
    28 Sep 2021, Realty.economictimes.indiatimes.com
    Located along Golf Course Road in Sector 53, the mall has around 60 shops, which were handed over by the builder to their owners in 2007. The Central Plaza Mall Owners’ Welfare Association was formed in 2008. A year later, another society — Central Plaza Mall Occupants’ Welfare Association — started functioning. The district registrar has ordered an audit of the financial records of the owners’ association formed for the maintenance of Central Plaza Mall after several complaints of irregularities and siphoning off of funds…
  • Fashion retailing may recover up to 80% of pre-pandemic sales this fiscal: Report
    28 Sep 2021, Devdiscourse.com
    India SHARE Fashion retail, one of the worst COVID-19 hit sectors, is beginning to breathe again on the back of rising vaccination and normalisation of economic activities and may close the year with 23-25 cent revenue growth if there is no third wave, according to a report. The sector was badly affected since the beginning of the pandemic last March as high-street malls and other outlets remained shuttered…
  • Malls, markets open in Noida despite Bharat Bandh call
    28 Sep 2021, Hindustantimes.com
    The farmers’ protest, on the first anniversary of the enactment of three contentious farm laws, mostly impacted the Greater Noida area, authorities said on Monday Malls and markets remained open in Noida and Greater Noida on Monday despite farmers’ call for Bharat Bandh on the first anniversary of the enactment of three contentious farm laws. The farmers’ protest mostly impacted the Greater Noida area, authorities said. Traffic officials said that a group of farmers reached Zero Point with several tractors to protest, which halted vehicular movement for some time on the Noida-Greater Noida Expressway…
  • Theatre re-opening: Upbeat movie industry juggles release dates for new films logjam
    28 Sep 2021, Adgully.com
    After being shut for a year and a half (with a brief few weeks of re-opening earlier this year), movie theatres are now re-open in almost all states.The Maharashtra Government, which has so far not allowed the re-opening of cinema halls due to the COVID-19 cases in the state, has now given a green signal. The CMO’s office has tweeted that cinema halls in the state will be permitted to reopen from October 22, 2021…
  • Acropolis Mall Presents Grand finale of “Ya Devi 2021- Ms. Blooming Kolkata 3.0”
    26 Sep 2021, Ibgnews.com
    Acropolis Mall Presents Grand finale of “Ya Devi 2021- Ms. Blooming Kolkata 3.0” The third edition of Ms. Bloomnig Kolkata–a fashion cum beauty pageant • Celebrates the sixth birth anniversary of Acropolis Mall • Launches Puja Shopping Bonanza Kolkata, September 25, 2021: Acropolis Mall, India’s one of the premium malls, has presented the grand finale of “Ya Devi,2021” season 3 of Ms Blooming Kolkata. The mall celebrated its 6th birth anniversary with much fanfare on this occasion…
  • Cinema halls to reopen in Maharashtra from October 22, declares CM Uddhav Thackeray
    25 Sep 2021, Indianexpress.com
    Maharashtra CM Uddhav Thackeray on Saturday declared that cinema halls in the states will reopen from October 22.Chief Minister of Maharashtra, Uddhav Thackeray on Saturday announced that cinema halls in the state will reopen after October 22.The tweet posted by his office in Marathi can be loosely translated as, “Chief Minister Uddhav Balasaheb Thackeray has announced that cinemas and theaters in the state will be allowed to open after October 22 in compliance with health norms. Work is underway to prepare a detailed SOP in this regard and it will be announced soon.”…
  • INFINITI SHOP & WIN CONTEST GETS TRULY REWARDING
    25 Sep 2021, Mtinews.in
    There is no better joy than shopping in person while browsing through your favourite brand. The enjoyment gets multiplied when shopping provides an opportunity to win prizes.To make shopping more rewarding for their patrons, Infiniti Mall (Andheri & Malad) is offering Shop & Win Contest till 10th October 2021. The contest has a mega prize offering a staycation at one of the most beautiful and luxurious resorts at ‘The Retreat’ (Madh Island) for 1 night and 2 days…
  • Four shops sealed in the V3S shopping mall
    25 Sep 2021, Dailypioneer.com
    The property tax department of East Delhi Municipal Corporation (EDMC) has sealed four shops in the V3S shopping mall in Laxmi Nagar for non-payment of outstanding tax. Additional Commissioner Dr Brajesh Singh said that due to non-payment of tax, these shop owners were given notice and sealed on Friday. “The corporation owes a total of Rs 23,32,000 lakhs to these property owners,” he said. Dr Singh said that the last date for payment of property tax for the financial year 2021-22 with a rebate of 15 percent is September 30, 2021…
  • Nike’s Mall of India set to open in Noida
    24 Sep 2021, Sportzpower.com
    Located in the heart of Noida at DLF Mall of India – India’s largest mall – the Nike Mall of India store features the latest retail and architectural designs used in new Nike stores around the world. The two-story, 743-square-meter store is a fully equipped to serve athletes through membership offerings which enabling consumers to make sport a daily habit. Nike members can enjoy exclusive products, as well as gain early access to new products and Nike events ahead of the public…
  • Pacific Mall Tagore Garden hosts the eclectic ‘Global Food Fiesta’
    24 Sep 2021, Businessnewsthisweek.com
    Pacific Mall Tagore Garden, Delhi’s most favorite entertainment destination, has hosted one-of-its-kind ‘Global Food Fiesta’ from 10th – 26th September, 2021.For the Food fiesta, the mall has been in association with fine dining restaurants and popular cafes such as Café Delhi Heights, Biryani Blues, Punjab Grill, Starbucks Co., Mamagato, The Beer Café, Chilli’s, Honey & Dough, IHOP, Cafeteria & Co., Dhansoo Café, Delhi Heights, Punjab Grill, Daryaganj, Castle’s Barbeque & Jamie Oliver’s Italian for curating eclectic treats for the guests…
  • Mumbai shopping malls on slow recovery track post mandatory fully vaccination rule
    22 Sep 2021, Msn.com
    Regardless of the relaxation in lockdown rules by the Maharashtra government last month, which allowed malls to re-open, the addition of a new rule making it mandatory for all to be fully vaccinated in order to enter the mall premises has hit the retailer industry quite strong. Footfalls across the malls in Mumbai Metropolitan Region (MMR) continue to be low ranging from approximately 20-30 percent compared to pre-COVID levels…
  • Changing dynamics of retail industry
    21 Sep 2021, Greaterkashmir.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…
  • Value fashion retailers expect sales during festive season to surpass pre-COVID levels
    21 Sep 2021, Msn.com
    Value fashion retailers such as V-Mart Retail, Cantabil Retail are expecting a bumper festive season, which could even see sales surpass the pre-COVID levels, top executives of the companies told Moneycontrol. “The sales have picked up quite strongly and the sales in July was our highest-ever. August is also witnessing a strong momentum and we expect it to continue in October and November and we might even cross our pre-COVID festive sales,” said Shivendra Nigam, Chief Financial Officer, Cantabil Retail. V-Mart Retail has witnessed an upsurge in sales in recent months with the onset of festivities…
  • 25th South India Shopping Mall opens in Khammam
    21 Sep 2021, Thehansindia.com
    Min P Ajay Kumar, actress Kruthi Shetti inaugurating the 25th South India Shopping Mall showroom in Khammam on MondayKhammam : The 25th South India Shopping mall showroom was launched at a gala function by Minister for Transport Puvvada Ajay Kumar.he guest of honour Rajendra Prasad, Chairman, VVC Group of Companies, film star Kruthi Shetty lit the lamp at the showroom. After inauguration, Kruthi Shetty went around the mall and check the collections.She said, “I am excited to inaugurate South India Showing Malls 25 outlet in Khammam district…
  • Kolkata: Shoppers stream into markets and malls, rush reminds traders of pre-Covid days
    20 Sep 2021, Retail.economictimes.indiatimes.com
    Shopping hubs across the city. Retailers said that with the number of Covid cases still under control, shoppers thronged the traditionalmarketplaces like New Market, Gariahat and Hatibagan alongside shopping malls in different parts of the city, making the most of the weekend, despite sporadic showers. “We still don’t know whether pandal hopping will be allowed this year but that cannot stop us from wearing new clothes…
  • How Neighborhood Malls Are Changing the Retail Landscape in India
    20 Sep 2021, Indianretailer.com
    Neighborhood shopping malls are opening in abundance in the close vicinity of the residential areas, catering to the basic needs of the consumers.Neighborhood shopping malls are the talk of the town. These days, we have seen that a lot of shopping malls are opening in the close vicinity of the residential areas which cater to the basic needs of the consumers.These malls along with fulfilling shopping needs of the consumers provide options for entertainment and dining – making it a perfect place for family get-togethers, office meeting or a casual date…
  • Ambience Malls to celebrate celebratory season with festive fervour
    17 Sep 2021, Realtyplusmag.com
    Ambience Malls have been touted as the most prominent shopping centres when it comes to entertainment, dining and shopping in the Delhi-NCR region. This festive season, Ambience Malls are geared up to double up on the celebrations.Apart from lining-up exciting events and activities for its patrons, it has roped in the tenants at the malls as gifting partners for exciting giveaways and prizes for the lucky winners…
  • Ambience Malls to Celebrate Celebratory Season with Festive Fervor
    16 Sep 2021, Prnewswire.com
    Truly the shoppers’ paradise, Ambience Malls (a part of Ambience Group) have been touted as the most prominent shopping centres when it comes to entertainment, dining and shopping in the Delhi-NCR region.This festive season, Ambience Malls are geared up to double down on the celebrations. Apart from lining-up exciting events and activities for its patrons, it had roped in all tenants at the malls as gifting partners for exciting giveaways and prizes for the lucky winners…
  • Can India’s unorganised retail become world’s third largest consumer market?
    15 Sep 2021, Economictimes.indiatimes.com
    Given the size of the unorganised offline retail space in India, the opportunity to digitise and vertically integrate the space provides a fruitful opportunity. Alibaba’s New Retail and Tencent The significant investments and businesses that have been seen in unorganised retail over the last few years suggest that investors and entrepreneurs realise that Indian unorganised retail presents a massive opportunity. However, the focus so far has been on horizontal solutions that look at using technology to make unorganised retail more efficient. Indian unorganised retail sector needs a vertical solution…
  • Retail industry inching closer to pre-pandemic levels: RAI
    14 Sep 2021, Thehindubusinessline.com
    North, Southern India lead the recovery trendsRetailers in the country are inching closer to the pre-pandemic levels of sales, with some even hopeful of clocking higher sales compared to 2019 in the upcoming festival season.According to the latest survey by Retailers Association of India(RAI), in August sales of the retail industry was pegged at about 88 per cent of the pre-pandemic levels (August 2019). In comparison, retail sales were pegged at about 72 per cent of pre-pandemic levels in July…
  • Festive shopping aids recovery as retail sales reach 88% of pre-pandemic levels in August: RAI
    14 Sep 2021, M.dailyhunt.in
    Retail sales recovered to as much as 88 percent of the pre-pandemic levels in the country aided by festive shopping, says a recent survey by the Retailers Association of India (RAI). The findings of the survey showed that retail businesses in the North and the South India are almost back to the pre-pandemic levels with in August 2021 with sales at 98 percent and 97 percent (of the pre-Covid times), respectively…
  • Retail industry inching closer to pre-pandemic levels: RAI
    14 Sep 2021, Thehindubusinessline.com
    North, Southern India lead the recovery trendsRetailers in the country are inching closer to the pre-pandemic levels of sales, with some even hopeful of clocking higher sales compared to 2019 in the upcoming festival season.According to the latest survey by Retailers Association of India(RAI), in August sales of the retail industry was pegged at about 88 per cent of the pre-pandemic levels (August 2019). In comparison, retail sales were pegged at about 72 per cent of pre-pandemic levels in July…
  • Viviana Mall Hosts ‘Nirmalaya Project 2.0’, During Ganeshotsav 2021
    13 Sep 2021, Everythingexperiential.businessworld.in
    Marking the success of the ‘Nirmalaya Project’ in 2019, Viviana Mall, is once again excited to host ‘Nirmalaya Project 2.0’, to make it yet another successful campaign. In its endless pursuit of giving back to society, this year, too Viviana Mall in Thane, has pledged to host an eco-friendly campaign called ‘Nirmalaya Project 2.0’, during Ganeshotsav. Starting from 10th September 2021 till 21st September 2021, Viviana Mall will collect Nirmalayas at the Mall premises. The aim is to have cleaner festive celebrations for a greener tomorrow, it said in an official statement…
  • Easing of night curbs brings back diners
    13 Sep 2021, Hospitality.economictimes.indiatimes.com
    There are nearly 700 dine-in restaurants in Noida and Greater Noida. With Delhi staying open, most restaurants earlier were losing out on dinner profits to the neighbouring city. With night curfew timings extended till 11 pm in Uttar Pradesh, things are looking up for the restaurant industry in Noida . Despite the heavy rain proving a dampener over the past two days, eateries across the city have reported a rise in the number of customers…
  • Shoppers’ rush in Kolkata stores approaches pre-Covid level
    13 Sep 2021, Telegraphindia.com
    Clothes to food, shops do brisk business with four weeks left for Durga PujaA month left before Durga Puja, Kolkatans swarmed the shopping hubs in the city on Sunday.With Covid cases under control, a bullish sentiment was driving sales, said retailers. Malls were the biggest beneficiaries, they added.By 4pm, the parking lot at South City Mall on Prince Anwar Shah Road was full. That means around 1,200 cars…
  • Covid test plan for shoppers in 46 wards to check case rise in Kolkata

    12 Sep 2021, Timesofindia.indiatimes.com
    KOLKATA: The chief municipal health officer who leads Kolkata Municipal Corporation ‘s Covid-19 strategy in the city has suggested rapid antigen tests at malls and markets located in wards that have witnessed a spurt in Covid cases in the past fortnight to check the spread of infection during the pre-Puja shopping spree. The civic health department has identified 46 wards in nine boroughs that have recorded 10 or more Covid cases in the past 14 days…

  • Multiplexes to multitask!
    12 Sep 2021, Newkerala.com
    The multiplex chains, while trying to persuade the State Government of Maharashtra to withdraw the lockdown on the cinema halls, have also taken a positive step forward and decided to venture into the restaurant business. At least one prominent cinema management, INOX, has announced the start of a dining service.These cinema properties have spacious lounges which they plan to use to accommodate the diners. And, one need not buy a cinema ticket to use the dining facility…
  • Indians likely to shop more this festive season: Survey
    11 Sep 2021, Retail.economictimes.indiatimes.com
    Conducted among 10,482 people across India, the study showed that at 56% overall household spending, consumers have registered a 2 percentage point increase over the previous month. Importantly, 21% of the families are spending more on non-essential and discretionary products, a sharp rise from 15% last month. September 11, 2021, 15:35 IST revenge shopping is not on the agenda; they are happy that the offices are reopening, and are also upbeat about the market. This upswing in consumer sentiment was recorded by a survey carried out by Axis My India in August…
  • Retailers Can Use Digital Tech to Thrive in a ‘Phygital’ World
    09 Sep 2021, Cxotoday.com
    Indian retailers are aggressively investing in CX, Cloud, IoT, etc, to drive efficiencies and experiences in a phygital world.The retail landscape today is changing rapidly with the rise of e-commerce, mobile shopping, and smart technologies. The global pandemic further forced retailers into a shift in how they operate. While online commerce will continue to dominate the retail lansdscape, customers also want to have a high personalized experience when they are taking a trip to the mall and buying in-store – making both online and offline experiences unique…
  • Timezone is now open at PHOENIX MARKETCITY AND PALLADIUM to give visitors the #NEXTGEN gaming experience in a safe environment
    09 Sep 2021, Expressnews.asia
    The city’s most-chosen and popular shopping-and-entertainment destination Phoenix MarketCity and Palladium has recently launched the exclusive gamingarena ‘Timezone’. Spread across 5800 sqft., the family entertainment centre is equipped with top-quality virtual reality rides, thrilling attractions, bowling alley and the latest arcade games. To ensure a safe shopping, comprehensive safety measures focusing on ‘Minimal Touch,’ ‘Maximum Cleaning’ and ‘Ensuring social distancing’ is strictly followed to make sure guests feel safe and secure…
  • Elan Epic wins ‘The Most Promising Upcoming Shopping Centre of the Year – North’ Award at Franchise and Retail Awards 2021
    08 Sep 2021, Aninews.in
    Elan Group’s marquee project Elan Epic has won the coveted ‘The Most Promising Upcoming Shopping Centre of the Year – North’ Award at the Franchise and Retail Awards 2021. Ashish Gupta and his team received the award on behalf of Elan Group from Lalit Agarwal – CMD, VMart and Gaurav Marya – Chairman, Franchise India. Franchise and Retail Awards are among India’s leading recognitions in the field of Franchising and Retailing. The award features 50+ categories and 500+ nominations annually. It honours organizations that have shown outstanding business acumen, passion and achievement of franchise businesses across India…
  • Reliance Retail contributes 26% of Future Consumer’s FY21 sales; becomes 2nd-largest customer
    08 Sep 2021, Retail.economictimes.indiatimes.com
    Reliance Retail has become the second-largest customer of the Kishore Biyani-led Future group’s FMCG arm Future Consumer, contributing over one-fourth of the total sales of the company. In the financial year 2020-21, the retail arm of Reliance Industries Ltd has purchased goods worth Rs 157.54 crore from Future Consumer Ltd (FCL), accounting 26.8 per cent of the total sales of Rs 586.15 crore, as per the latest annual report of the company…
  • Karnataka: Calls to ease curbs in festival season
    08 Sep 2021, Timesofindia.indiatimes.com
    BENGALURU: With the test positivity rate (TPR) sliding under 2% and the Covid-19 situation well under control, severe pressure is being mounted on the state government to lift in all 31 districts after. Various stakeholders including representatives of trade and civil society groups have approached chief minister Basavarj Bommai, appealing to him to relax restrictions in cities like Bengaluru, where there are clear signs of economic recovery. “The situation is much improved in Bengaluru, so much so that people are not actually following night curfew norms,” said MS Shankar, general secretary, Forum for People’s Collective Efforts. “Shops are open till late in the night and traffic is as usual. There is no point in sticking to restrictions which are only on paper. Everything on the ground is normal”…
  • Maharashtra Cinema Halls Reopen Update: PVR, Inox, Cinepolis and others float advt, urge Maharashtra govt to reopen theatres
    07 Sep 2021, M.dailyhunt.in
    Maharashtra Cinema Halls Reopen Update: The multiplex association of India, PVR, Inox, Cinepolis and Producer Guild of India has published an appeal to the Maharashtra government.Today, the film industry appealed to the Maharashtra government to open cinema in a big way, with a full-page advertisement in the newspapers in order to unlock cinema and to save jobs. Zee Business reporter Anurag Shah reported that the Maharashtra cinema exhibition industry is losing Rs 400 crore every month and has lost Rs 4800 crore since March last year…
  • Inorbit Mall Hyderabad conducts a Luxury Customer Experience Workshop For Its Retail Partners
    07 Sep 2021, Businessnewsthisweek.com
    Over the years, Inorbit Mall, Hyderabad has created its own niche by constantly undertaking efforts to create a superior shopping experience.As an endeavour to exceed customer expectations, Inorbit Mall, Hyderabad recently organized an exclusive ‘Luxury Customer Experience Workshop’ for its retail partners. The workshop was conducted by Miss Greeshma Thampi, a certified Image consultant and corporate trainer. The core objective of the workshop was to help the retailers understand the scenario of modern luxury & the needs of HNI’s in the premium/luxury segment…
  • Telangana could make vaccination mandatory for entering malls, pubs, parks in Hyderabad
    06 Sep 2021, Msn.com
    The Telangana government is considering restricting public spaces such as malls, multiplexes and pubs to only vaccinated people in the capital city of Hyderabad in a bid to stave off a possible third wave. State Director of Public Health, G. Srinivas Rao told ThePrint that the rule will be implemented in the Greater Hyderabad Municipal Corporation Limits (GHMC) in the first phase, and will later be extended to districts…
  • New Delhi’s iconic Hotel Ashok will soon have a mall and service apartments
    06 Sep 2021, Businessinsider.in
    Hotel Ashok ITDC The government is planning to lease out ‘ The Ashok ‘ to investors for turning the sprawling 25-acre property inthe heart of the national capital into a ‘multi-purpose’ building, housing an array of facilities including service apartments and a mall, an official said. The Tourism Ministry is working on the contours of bidding and aims to complete the process in the current fiscal…
  • Inorbit Mall, Hyderabad conducted a workshop to help luxury retailers understand their customers better
    06 Sep 2021, Indiaretailing.com
    Inorbit mall, Hyderabad in order to enhance the shopping experience of their customers has conducted a workshop for the retailers. This workshop was hosted by Mrs.Greeshma Thampi, a certified Image consultant and corporate trainer with an objective to help retailers understand the concept of modern luxury and how to offer an elevated experience to the customers for this segment.Gresshma Thapi made the session interactive by using real-life case studies, debates and through a brainstorming session conducted among the retailers. The session was conducted in 2 batches with 25 participants in each batch…
  • Footfall surge at Kolkata shopping hubs & malls as festive season approaches
    06 Sep 2021, Telegraphindia.com
    Shoppers were out in full force in the city on SundayWith a little over a month left before Durga Puja, shoppers were out in force on Sunday.From a shop selling junk jewellery in south Kolkata’s Gariahat to a denim store in South City Mall, most sellers were happy with shoppers’ footfall since afternoon.A steady stream of men, women and children wearing masks poured into City Centre in Salt Lake, South City Mall on Prince Anwar Shah Road and Acropolis Mall near Kasba, as well as in Gariahat…
  • Inorbit malls bags one silver, three bronze at foxglove awards 2021
    04 Sep 2021, Businessnewsthisweek.com
    Inorbit Malls Pvt. Ltd., India’s leading pioneer in mall culture, has picked up four honors at the 7th edition of the Foxglove Awards this year. The awards laud the marketing, advertising and communications efforts of brands every year.In the category of best non-traditional indoor ambient media, Inorbit malls was regional winner and awarded the Bronze for its ‘Scan to Order’ poster design for the contactless ordering program…
  • Mall retailers protest to stop shifting of massage parlours from Delhi to Gurugram
    03 Sep 2021, Officenewz.com
    Shop owners of MG Road malls staged a protest on Thursday against what they claimed was the possibility of large-scale shifting of spas and massage parlours from Delhi to Gurugram.Mall retailers said they feared the relocation of the massage parlours to Gurugram malls will have a negative impact on their businesses already reeling under dwindling sales amid the second wave of the pandemic. The Delhi government has recently come up with strict guidelines for massage parlours, restricting cross-gender massages and mandating certified staff and CCTV cameras to check sex trade and human trafficking…
  • Parking full, malls carve out more space for cars
    02 Sep 2021, Timesofindia.indiatimes.com
    Kolkata: Some of the popular malls in Kolkata are struggling to accommodate customers’ cars in parking lots during weekends.Though footfall is still 40%-50% that of August 2019, the vehicle count is up 20% in the same period following a sharp rise in use of personal vehicles in the wake of the pandemic. While one mall is augmenting its parking facility, another is evaluating the cost of creating a vertical parking lot to tackle the situation. In at least three malls, parking lots have been chock-a-block by 4pm during the past four-five weekends…
  • BIG SALUTE! Select CITYWALK pays tribute to COVID-19 heroes with ‘TheCitySalutesYou’ campaign
    02 Sep 2021, Msn.com

    Delhi shopping centre ‘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. Select CITYWALK has named this campaign as ‘TheCitySalutesYou’ and it features individuals who went above the line of duty to deliver support and relief to many. The campaign features the COVID-19 heroes dressed head to toe in a chosen collection from popular fashion brands, namely Ted Baker, Onitsuka Tiger, Adidas Originals, Massimo Dutti, Aldo, Gant, CK, Zara, Mango, Brooks Brothers, Steve Madden, Dune, Charles and Keith…

  • Overall Job Hiring Back To Pre-Pandemic Levels: Indeed India
    01 Sep 2021, Odishatv.in
    Hiring activity in India has reached a pre-pandemic level, i.e. before February 2020. According to recent data published by the job portal Indeed India, the overall hiring activity in India has touched pre-pandemic levels. The Indeed data suggests that job postings for IT Tech software roles increased by 19% between July 2020 and July 2021. Moreover, job postings for other IT job roles engineer, project head, and more also increased in a range of 8%-16%. Apart from this, housekeeping and caretaking jobs hiring has also increased by 60% between July 2020 and July 2021, the data suggested…
  • OOH: How festivals will play a key role in post-Covid revival
    01 Sep 2021, Exchange4media.com
    Industry players share how the sector is picking up and prepping for the festivals, their plans for the season, and the growth they are expectingWith the country embracing the ‘new normal’ and the authorities easing lockdown restrictions, Out Of Home (OOH) advertising is all set to bounce back from the unfortunate second wave of Covid and the long hiatus enforced by the pandemic.Brands are steadily commencing their campaigns as more and more people are getting vaccinated resulting in an increase in mobility at various touchpoints, including airports and malls…
  • Does Indian Fashion Care for Disabled Consumers?
    31 Aug 2021, Thevoiceoffashion.com
    Even as fashion becomes more inclusive, the needs of consumers with physical and developmental challenges remains unseen“We don’t even have basic accessibility like ramps for wheelchairs everywhere in India. So, fashion, naturally, is an even bigger fight,” says Khushi Ganatra, national para powerlifter and founder of Horizon Sports Academy, who was born with spina bifida, a birth defect that occurs when the spine and spinal cord don’t form properly. “I haven’t seen a model or mannequin that represents us. Nor have I come across great clothing options that keep our comfort, sizing and needs in mind in India…
  • Glocal Square Mall to buzz with biz activities soon
    31 Aug 2021, Thehitavada.com
    The Pune-based real estate company – Goel Ganga Group – developing state-of-the-art Glocal Mall in the heart of the city in Sitabuldi on Monday said that it has completed construction of shops facing Abhyankar Road and Sitabuldi Main Road wherein the occupants may start business activities within next two months. Atul Goel, Managing Director of Goel Ganga Group said that the redevelopment work of the old shops that were demolished earlier are ready in its new avatar…
  • Inability to get vax certs keeps many away from malls, theatres
    29 Aug 2021, Timesofindia.indiatimes.com
    BHUBANESWAR: Though the Odisha government has allowed malls, theatres and dine-in restaurants to finally reopen, many fully vaccinated people above18 years of age in Bhubaneswar, Cuttack and Puri cannot yet access these facilities in the absence of inoculation certificates. Malay, 35, took the second dose of Covaxin at the Unit-VI Girls’ High School on June 7. A person at the centre also took down his name and Aadhar card details in a register, but two-and-a-half months after being vaccinated he still does not have a vaccine certificate. “It is strange…
  • City malls inch closer to pre-pandemic footfall as shoppers go on spending spree
    29 Aug 2021, Timesofindia.indiatimes.com
    Kolkata: After subdued festivities last year owing to Covid, people are shopping with a vengeance.Signs of the pandemic have faded in malls with properties recording footfall and sales that are comparable to 2019 prior to the pandemic. In at least two malls, the management said they were recording sales that matched the corresponding period two years ago while two others said sales were only a shade below 2019 and were confident of catching up by October, if not September. “The footfall and sales have been phenomenal. Last festive season was marred by the first wave…
  • Malls Open, Social Gatherings Allowed, Time We Let Children Return to School
    27 Aug 2021, News18.com
    Schools have remained largely closed for 1.5 years even as adults go to work, malls, and social gatherings each time a wave recedes.If asked about opening schools, at one end of the spectrum are parents who say—“I am worried about the third wave targeting children” or “We worry about kids bringing infection home to elders” or the ultimate conversation-stopper “Do you want my child dead?” At the other end of the spectrum are parents who say—“Why are schools closed if everything else is open?” or “Our children need to regain their lives.”…
  • Bihar COVID-19 unlock measures: Shops, malls, schools, colleges, cinema halls allowed to open
    27 Aug 2021, Officenewz.com
    New Delhi: Bihar Chief Minister Nitish Kumar on Wednesday (August 25, 2021) announced further relaxations of COVID-19 restrictions in the state.Kumar said the COVID situation in Bihar was reviewed and it was decided that all such establishments and facilities can now operate normally. The chief minister said all shops, businesses, shopping malls, parks and gardens, and religious places to open. While, all kinds of social, political, entertainment, sports, cultural and religious functions can be organised while following COVID-19 guidelines after obtaining permission from the district administration…
  • 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…