Prominent malls from Chandigarh to Delhi NCR to Bengaluru have reported a sharper rebound in June-July this year compared to the same months last year with sales reaching 70-80% of pre-pandemic levels. TO READ MORE: https://retail.economictimes.indiatimes.com/news/industry/malls-across-india-report-sharp-rebound-sales-at-70-80-of-pre-covid-levels/85268406
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Latest News CMAI Capsule for August 2021 RENEWAL OF MEMBERSHIP SUBSCRIPTION WITH THE ASSOCIATION The Secretariat has sent a Reminder–I to those Members whose Membership Subscriptions were on Arrears on July 1, 2021. Members were advised that they can avail the Benefit of Renewing the Membership Subscription for 1 / 3 / or 5 years....
The second wave of COVID-19 has caused losses worth crores of rupees to shopping malls across India. They were able to operate at full capacity for only four months since March 2020. Multiplexes located within malls too have either shut down or running at low capacity since the start of the pandemic. Shopping malls in...