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15 Results Found
  • Approaching festivals fail to end pandemic blues for Maharashtra shopping malls Sep 21, 2021 05:17 PM IST

    Approaching festivals fail to end pandemic blues for Maharashtra shopping malls

    Shopping malls in Maharashtra are not very optimistic of seeing a recovery during festive sales given the government restrictions on allowing fully vaccinated consumers inside their premises.

  • Maharashtra malls shut again as government mandates 'full-vaccination for all' for reopening Aug 17, 2021 04:10 PM IST

    Maharashtra malls shut again as government mandates 'full-vaccination for all' for reopening

    Earlier, the government had indicated that shopping malls that have vaccinated employees with at least a single dose will be allowed to resume operations.

  • More than two lakh jobs impacted in Maharashtra due to mall closure: Retailers Association of India Jul 28, 2021 03:31 PM IST

    More than two lakh jobs impacted in Maharashtra due to mall closure: Retailers Association of India

    Every passing day of closure is not only hurting businesses but also livelihoods of people working there, says RAI.

  • Shopping malls report losses to the tune of Rs 3,000 crore due to lockdowns May 28, 2021 04:18 PM IST

    Shopping malls report losses to the tune of Rs 3,000 crore due to lockdowns

    The Shopping Centres Association of India has urged the government to extend the moratorium on loans and indicated that the industry might see NPAs if the restrictions continue for another month.

  • Shopping mall owners to build new projects; looking for acquisition despite COVID-19 Nov 26, 2020 06:24 PM IST

    Shopping mall owners to build new projects; looking for acquisition despite COVID-19

    In a panel discussion on retail sector organized by Naredco, senior officials of DLF, Phoenix, Nexus Malls and Virtuous Retail said sales in their shopping malls have picked up significantly during the festive season and it should reach to pre-COVID level in January-March 2021.

  • Unlock 1.0 | Shopping malls to reopen in Gurugram next week; religious places to remain shut Jun 26, 2020 06:12 PM IST

    Unlock 1.0 | Shopping malls to reopen in Gurugram next week; religious places to remain shut

    If any mall is found to be violating standard guidelines, they will be shut immediately.

  • Unlock 1.0 | Centre releases SOPs for shopping malls; gaming arcades and children play area to remain shut Jun 04, 2020 09:36 PM IST

    Unlock 1.0 | Centre releases SOPs for shopping malls; gaming arcades and children play area to remain shut

    Food courts and restaurants inside shopping malls told to ensure adequate social distancing between patrons as far as feasible

  • Opening shopping malls can reboot economy albeit with all safety precautions: Mall-owners May 13, 2020 12:19 PM IST

    Opening shopping malls can reboot economy albeit with all safety precautions: Mall-owners

    A data from SCAI indicates that there are 650 large shopping centres that contribute over Rs 180,000 crore in sales with 1000 plus smaller shopping centres contributing another Rs 50,000 crore to the sales of the organised retail sector.

  • Occupancy rates at non-quality shopping malls fall further as retailers shift to premium malls: Report Sep 24, 2019 08:54 PM IST

    Occupancy rates at non-quality shopping malls fall further as retailers shift to premium malls: Report

    Grade A malls have witnessed a CAGR of 6.2 percent over last 5 years as against a 5 percent benchmark in lease rentals, highlighting the success of creating a destination mall

  • Superlative support services ensure a mall's success Feb 27, 2017 02:51 PM IST

    Superlative support services ensure a mall's success

    Almost all the Grade A malls in India provide excellent support services and facilities for their visitors. Nevertheless, despite the massive progress seen so far in Indian malls, we have still to see the arrival of genuinely international standards.

  • 'Offline retailers see 50% sales jump this festive season' Oct 18, 2016 08:44 PM IST

    'Offline retailers see 50% sales jump this festive season'

    Retailers at shopping malls are expecting about 45-50 per cent increase in sales this festive season as they are offering freebies and easy finance options to beat competition from e-commerce players, a study by industry body Assocham said.

  • Mall footfalls may fall more than 50% this Diwali: Survey Oct 30, 2015 08:55 PM IST

    Mall footfalls may fall more than 50% this Diwali: Survey

    Both retailers and consultants seem convinced that the mall magic seems to have disappeared in a puff of smoke on the back of the economic slowdown, poor revenue model, low footfalls-to-sales conversion and lack of special purpose malls, the survey added.

  • More high streets, less shopping malls is need of the hour Aug 07, 2015 01:26 PM IST

    More high streets, less shopping malls is need of the hour

    In core areas of the city, street-facing shopping should be encouraged up to the footpath line in residential and commercial buildings for energy and space-efficient use, economic vibrancy and safety-enhancing design.

  • DLF asks ind directors for ways to grow Rs 2K cr rental biz Aug 31, 2014 07:12 PM IST

    DLF asks ind directors for ways to grow Rs 2K cr rental biz

    DLF's rental income from commercial properties, including offices and shopping malls, was Rs 1,950 crore last fiscal. It is targeting 8 per cent growth in the rental business this fiscal to Rs 2,100 crore.

  • DLF Q1 profit falls 38% as costs bite Aug 13, 2013 08:46 AM IST

    DLF Q1 profit falls 38% as costs bite

    DLF, which builds homes, offices and shopping malls, said late on Monday net profit for the June quarter was Rs 181 crore, compared with Rs 293 crore a year earlier. Sales and other receipts rose 4 percent to Rs 2,314 crore from Rs 2,198 crore.

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