Tag: malls

Retail Asia16/08/2021
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2min0
Indonesia’s capital Jakarta allowed retail malls to reopen last week to an exclusive crowd – shoppers vaccinated against coronavirus. With restrictions still in place in much of Indonesia, Jakarta’s malls are allowed to operate at 25-per-cent capacity to try to keep the economy moving, but customers must prove via a smartphone application that they’ve received at […]

Retail Asia08/06/2020
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1min0
Mall vacancy rates in the Philippines will rise to 12 percent this year, predicts real estate consultancy company Colliers. The company says falling footfalls due to the Covid-19 pandemic and a move by consumers online are impacting the business of physical stores. According to Colliers, mall vacancy rates in the Philippines are also rising because […]

Retail Asia20/05/2020
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5min0
As Bangkok malls reopened in line with relaxed lockdown rules, Thais are being forced to download a tracking app to enter properties, sparking privacy concerns. Consumers rushed to return to shopping as usual from Sunday following two months of restricted movement, with most venues requiring the use of hand disinfectant and fask masks as a […]

Retail Asia09/04/2020
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3min0
Singapore mall operators are waiving rents for tenants as the city-state enters a shutdown period to control the spread of the coronavirus. The waiver is being extended to all tenants at Suntec City, including those permitted to remain open for business, such as supermarkets and pharmacies, and is being funded entirely by the landlord. Suntec […]

Retail Asia23/03/2020
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1min0
Panic buying is spreading like wildfire among a number of countries as fear of the coronavirus deepens. But large shopping malls in South Korea, however, are as peaceful as in the pre-coronavirus era. Experts argue that prior experiences in dealing with various epidemics, such as Severe Acute Respiratory Syndrome (Sars) in 2003 and Middle East […]

Retail Asia18/12/2019
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2min0
Two giant Indian malls, in Nagpur and Amritsar, have been snapped up by Virtuous Retail South Asia for US$100 million. The 1 million sqft Amritsar centre and 700,000 sqft Nagpur property were bought from Tata Realty and Infrastructure’s Trilium shopping mall portfolio, according to a report on Livemint. Virtuous, which is building a portfolio of […]

Retail Asia20/09/2019
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3min0
Shopping malls in the Philippines are bucking international trends and are trading stronger than ever, says retail technology expert Nikki Baird. Their secret, she says, is that they offer a wider range of experiences to customers. “Shopping malls in the Philippines are all-in-one destinations that not only provide shopping, dining, and entertainment but also offer […]

Retail Asia21/06/2019
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2min0
Aeon Malaysia will spend around RM500 million (US$119.2 million) this financial year on mall renovations and new openings. The figure is less than the Japanese retailer’s spend last year and reflects a more focused approach on portfolio consolidation and refurbishments. The retailer currently operates 28 Aeon malls and 34 outlets. It is intending to open […]

Retail Asia04/04/2019
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4min0
Ever since Bank Negara embarked on a 10-year roadmap to move towards a cashless society, the ever growing trend of cashless transactions has been increasing and is popular amongst the Gen-Y and Millennial Generation. Sunway Malls took the initiative to bring in leading e-wallet companies such as Boost, FavePay, GrabPay, Maybank QRPay, Touch ‘n Go […]

Retail Asia20/03/2019
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2min2
Malaysia’s KIP Group will establish three new malls within the coming three years, according to CEO Valerie Ong. The new locations in Raub, Kuantan and Sungai Petani will involve RM150 million (US$36.7 million) in gross development costs and cater to middle-mass-market demand. They are being located in growing markets where consumers still prefer physical buying […]

Retail Asia14/02/2019
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6min0
In a revolutionary development that could potentially redefine the global retail and e-commerce industries, Digital Mall of Asia (DMA), a first-of-its-kind digital e-commerce platform merging the real estate and the digital spaces, has announced the launch of its Noida mall. The launch took place at the company’s registered office in the Film City, Noida, setting an unprecedented […]

Retail Asia11/02/2019
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5min0
Shopping malls are now allocating a higher percentage of their tenant mix (more space) to food & beverage (F&B) retailers, partly because competition from online platforms has impacted other types of retailers such as fashion, according to a market research and consulting firm. “Traditionally, F&B made up less than 20% of a mall’s tenant mix, […]

Retail Asia04/02/2019
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7min0
Next week it Chinese New Year. It officially begins on February 5th, 2019, and ends on February 19th. This year will be the year of the Pig. It is the most important festival for Chinese people, so the city is fully decorated with festive installations. The retail world celebrates it with decorations and promotions. In Hong […]


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