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Every shopping mall provides its visitors with
entertainment, shopping, leisure and food options,
but the question remains – what makes one mall
different from the other The answer is simple –
mall management.
With the advent of e-commerce, social media
and app-based commerce, malls are fighting an
increasingly uphill battle to bring in consumers
and turn them into loyalists. The fact that they
all have similar offerings – brands, food and
entertainment – makes it even more tough to stay
unique. This is where mall management comes in.
The October issue of Shopping Centre
News takes a look at malls which consider
mall management as critical to the success
of a developer’s investment. The term ‘mall
management’ encompasses wide range
of exemplary services to ensure a vibrant
atmosphere, a great shopping experience and to
provide path-breaking retail concepts to keep the
attention of the customers in one place.
Besides this, the issue brings it readers the
complete round up on real estate investment trusts
or REITs. Retail REITs own andor manage retail
real estate and rent space in those properties to
tenants. These include REITs that focus on large
malls that feature big box retailers. The issue takes
a look at how REITs are responsible for extending
a mall’s draw in India.
We also bring you features on a popular Tier
I mall, a well-loved regional mall as well as a
new FEC option in Phoenix MarketCity mall
in Mumbai, which is gaining in fame amongst
consumers for the experience it provides
visitors.
As always, we hope you find the
issue informed and beneficial.
Do log on to our website, www.
indiaretailing.com to read
more informative articles and
analyses on the stage of the
global retail and shopping centre
industry with an emphasis on India.