India hospital covid-19 pandemic crisis India

Malls may take up to a year to return to normalcy

Reading now: 294
www.livemint.com

BENGALURU : Shopping malls, an intrinsic part of urban India, may take up to a year to return to normalcy, and when they do, they are likely to operate in a very different avatar, say mall owners and retailers.

As businesses gradually open up in a post covid-19 world, shopping malls may well be the last in the line, as discretionary spends are likely to remain low and social distancing becomes the new normal.

A webinar on ‘Malls in a post covid-19 scenario’ on Tuesday hosted by the Retailers Association of India (RAI), focused how the entire retail ecosystem, including multiplexes and restaurants, will need to undergo a complete change in order to bring back consumers once the current crisis is over.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA