Shopping malls are happy with their retail sales in 1st Fortnight of COVID Unlock1 - Stores clock per day Sale of Rs. 1-7 lac approx.
Conversions & Occupancy averaging up to 75% in shopping malls.
Categories that driving sales:
DB Mall, Bhopal
It has a conversion to almost 100%. Apple showroom clocks Rs 7 lakh sale on 1st day of opening in June.
Junction Mall, City Center Durgapur
Addidas, Reebok, FirstCry.com, Pepe Jeans London, PUMA Group, LG Electronics & Samsung Electronics have surplus pre COVID sales.
Consumer Electronics Grew 54% over last week. Salons with 10% growth. Restaurants & Food Court with 25% of Pre-COVID sale.
GVK One Mall, Hyderabad
Foodcourt clocks 80% sales by MNCs like KFC, Pizza Hut, Burger King, etc. 45% taken by aggregators as against 10% earlier.
M L Plaza, Agartala
Despite in Bangladesh border & cinemas closed. Big Bazaar - Future Retail clocking Avg Sales of 7-8 Lac.
Positive news for shoppers %