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. IMAGE: An empty shopping mall gets ready to......
Consultants who help lease these properties say this is the steepest decline at least in a decade. IMAGE: Shoppers undergo thermal screening at a shopping mall in Prayagraj, UP. Photograph: Amar......
Of the 300 operational malls in the country, just 5-7 per cent, or about 20 malls, are doing well, say developers. Image: A woman enters a retail store inside a shopping mall in Mumbai.......
120 new malls came up in last two years, but 30-40 of their older peers downed shutters India saw 120 new malls in each of the past two years, but that’s just one side of the story. In the......
After a year of slow growth, apparel maker and retailer Provogue is reworking its business strategy to boost revenues and prop up margins, a top company executive said. Under the new strategy,......