Christmas footfall fails to spread cheer evenly
Demand for fashion and gadgets remained strong during the festive season, with a recovery of almost 130% of revenues compared to 2019.
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Demand for fashion and gadgets remained strong during the festive season, with a recovery of almost 130% of revenues compared to 2019.
Malls such as the Garuda Mall in Bangalore, Atria Mall in Hyderabad, and Capital Mall in Bhopal have witnessed a reversal of fortunes thanks to a re-evaluation of their brand mix and structural realignment.
According to mall owners, rising appetite for luxury, more awareness and increasing disposable incomes are among key reasons for retail trade to grow overall, and as a result, malls as organized retail spaces are doing good business.
Pti: Creating the Future of India’s Retail Destinations: Shopping Centres Next 2023 Arrives in Bengaluru!
India's homegrown Paytm Payments Bank Limited (PPBL), today announced that it has partnered with Nexus Malls, one of India's largest real estate retail platforms, to facilitate convenient payments for car parking at their malls using FASTag.