Shopping Center News
By: Images Group- January 2020
- Price : 100.00
- Published on January 29, 2020
- Images Group
- Issues 48
- Language - English
- Published monthly
About this issue
F&B: The New Anchor to Increase the Footfall As malls shift their stance from being just shopping centres to community hubs, retail is just becoming a part of the mix. Today, shopping can be done online, e-commerce giving the evolved consumer a wide variety and absolute convenience. So, what brings people to malls anymore? Shopping centre developers are working towards understanding the new consumer and studying his needs and consequently, re-thinking their strategies. They are mindful of the fact that the new-age customer steps out of his house only in search of something new, and this is one of the main reasons why food has become a mall ‘anchor’. Being eating out destinations – apart from providing retail and entertainment – means a mall has a very wholesome approach towards pulling in visitors.Providing unique dining out possibilities to customers is proving to be a winning formula with studies suggesting that 40 percent of customers will choose a shopping centre based solely on the food offeringsthere. Apart from this, transactions increase as much as 25 percent at malls with quality food-and beverage options and shoppers who eat at the mall are spending up to 15 percent more per trip.
About Shopping Center News
Shopping Centre News is the magazine for all stake holders in the Indian Shopping Centre business including developers, retail real estate professionals, architects, consultants, investors, retailers, media & marketing companies, research companies and other service providers. The magazine provides a knowledge sharing platform featuring well researched articles, expert insights, international trends and industry updates.