Retail dilemma in India – nice malls are few and far between | Reuters

A severe shortage of attractive malls has made setting up shop in India easier said than done, crimping expansion plans for both foreign retailers such as Lacoste and domestic giants like department store chain Shoppers Stop (SHOP.NS).

A private security guard stands guard inside the premises of the MGF mall in New Delhi February 23, 2015.  REUTERS/Adnan Abidi

India’s searing heat, heavy traffic and cluttered pavements make malls the most popular option for urban middle class consumers looking for a day out. But many centres – despite having been built in the last decade – are struggling to draw shoppers or retailers because of poor design or because they are difficult to manage.

P.S. Puri, CEO of MGF Mall Management, which runs MGF Metropolitan, knows this all too well. Located in a posh district in the south of New Delhi, security guards and sales staff outnumbered shoppers last Tuesday evening in what was once a bustling mall.

It has restaurants but lacks popular attractions like a food court and a cinema. The sale of shop ownership piecemeal has made management difficult and now only one quarter of the space is occupied by fashion retailers – about the same amount that is vacant.

via Retail dilemma in India – nice malls are few and far between | Reuters.

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One Comment to “Retail dilemma in India – nice malls are few and far between | Reuters”

  1. Retail dilemma in India – nice malls are few and far between ….as stated

    It is pity that designers have not taken in to consideration the needs of the customers to these “Shopping Malls” at the time of designing these facilities! These days, shopping is considered as leisure activity which includes, eating out, cinemas (with choice of films under one roof) and choice of other leisure activities within the malls,

    The authorities will have to sort-out infrastructure first to attract shoppers and also the investors back!

    Like

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