India Malls

Heat maps, virtual assistants: Malls ramp up AI use to track business

Technology helps them in knowing footfall and where visitors are flocking to

With retail demand and investor interest up, India set to get bigger malls

High interest from investors, along with comfortable balance sheets, is expected to keep credit risk profiles of mall owners stable, says Crisil

Mall sales rise amid huge footfall in movie theatres due to hit films

According to the Retailers Association of India, sales in July increased by 9 per cent compared to last year

Shopping mall sales in top-8 cities to hit $39 bn by FY28: Knight Frank

The high revenue growth has largely been predicted due to increasing mall supply in next six years, sustenance of rising consumption demand

Unlock 1.0 impact: Sales take off as malls limp back to normalcy

Sales have picked up across the board for clothing, electronics and computers, and specific home accessories.

Mall operators' revenues may take 30% hit amid coronavirus spread: Experts

The analyst said since servicing of principal and interest on loans will become challenging for mall operatos in the next couple of months

Mall developers, investors look to double retail spaces in next two years

Mall developers such as Prestige and VRSA are developing malls as not just malls but experience centres for shoppers

It'll rain malls in India this year: 7.8 mn sq ft space under construction

Experts say it is the booming retail sector and evolving shopping scenario in Tier-II and -III cities that is driving new supply