Finshots Daily
The life and death of an Indian shopping mall
May 9, 2024
Exploring the life cycle of malls, this episode dives into the reasons behind the struggles of the industry, highlighting the impact of bad management decisions on the declining shopping centers.
06:08
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Quick takeaways
- Strategic location near public transportation boosts mall success.
- Owner-related issues and mismanagement can cause malls to deteriorate and close.
Deep dives
Success Story of Select City Walk Mall
The Select City Walk Mall in Delhi exemplifies a thriving mall, boasting high occupancy rates and a diverse mix of international and domestic brands. Anchored by stores like H&M, Zara, and Decathlon, along with a six-screen multiplex and dedicated zones for various shopping categories, the mall stands out as a popular urban consumption center. Its strategic location near public transportation contributes to its success, resulting in the highest sales per square foot and footfall among similar-sized malls in India.
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