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Retailers to put rental ball in malls' court, ask for more concessions from shopping centres

Retailers to put rental ball in malls’ court, ask for more concessions from shopping centres
This time, the geographic spread of infections is uneven so far and therefore the impact on business too is limited to certain regions.
Synopsis
However, some shopping centres are hardening their stance saying that they have already extended enough support to their tenants and are currently unable to take it any further as they themselves have to service huge debts to banks. Some mall owners are saying they will watch the situation for longer.
With Covid cases surging and footfalls and sales dropping in retail, brands are again in rental negotiation mode with malls. The earlier rental concessions ended in December 2020 or on March 31 this year for most retailers. But with the second infection wave dampening businesses by more than 20-50% in many states, some retailers say they will ask malls to move to a pure revenue-share model till the time the situation improves. ....

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SKNVibes | Prime Minister Harris commends the church for its support of Covid-19 protocols

SKNVibes | Prime Minister Harris commends the church for its support of Covid-19 protocols
sknvibes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sknvibes.com Daily Mail and Mail on Sunday newspapers.

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Eight pipeline protesters headed to trial in August

The eight are being tried in two separate trials for offences alleged to have occurred on Oct. 15 and Oct. 17.
Susan Bibbings, Miranda Dick, Heather Lamoureux and Laura Zadorozny will be tried Aug. 3 to Aug. 6 while Romily Cavanaugh, Henry Sauls (also known as Secwépemc hereditary Chief Sawses), April Thomas and Jocelyn Pierre are scheduled to be in court from Aug. 9 to Aug. 13.
Pierre, Thomas, Sauls and Cavanaugh are charged in connection with a protest that occurred during work hours at a Trans Mountain construction site on Oct. 15. Video taken by members of the Secwépemc Unity Camp showed who appeared to be Pierre and Thomas atop an excavator on the south side of Mission Flats Road just west of Domtar, refusing to leave. ....

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Top Private Offerings in Arkansas Range From Coffee to Farms

Top Private Offerings in Arkansas Range From Coffee to Farms
arkansasbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arkansasbusiness.com Daily Mail and Mail on Sunday newspapers.

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World's first 'Trusted Shopping Centre' marks certification for malls

World s first Trusted Shopping Centre marks certification for malls
ANI |
Updated: Mar 12, 2021 18:49 IST
Mumbai (Maharashtra) [India], March 12 (ANI/NewsVoir): Shopping Centers Association of India (SCAI) today marked a new milestone for the Indian Retail and Shopping Centre industry. The apex body of Modern and Organised retail in India today announced the launch of the World s First Consumer-Centric Trusted Shopping Centre mark certification for malls.
This new certification mark was launched under the existing IRF Trusted Mark Certification scheme. The Trusted Shopping Centre mark is a third-party certification on customer service metrics and benchmarks; audited by globally accredited certification bodies (CBs) and in India, NABCB (under Quality Council of India, Ministry of Commerce & Industry, (GoI) accredited CBs in accordance with ISO/IEC 17065. ....

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