At present‚ about 100 malls are operational at India with a total area of 19 million sq ft. As per the estimates‚ about 3003 additional malls were constructed across the country by 2010. According to the Jones Lang LaSalle Retailer Sentiment Survey 2006‚ 95% of the respondents expect their gross turnover and expansion all over. About 70% of those who have expansion plans said they prefer malls over high streets for their expansion‚ indicating the rising demand for malls as the preferred destination
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Ch-1. Overview Of Malls 1.1.Shopping Malls In Mumbai The tremendous hike in the number of shopping malls in Mumbai is the direct result of globalization. In its march towards the ’Global Village’‚ the shopping malls are providing Mumbai with the gusto to move still further. The shopping malls can be said to be the outcome of the class conscious citizens who prefers sophisticated environs for shopping. In fact‚ the mushrooming of the international brands in India‚ has also created the need
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Disadvantages of Malls a) Over Spending by visitors‚ Shopping Malls are a drain of resources : Shopping malls incorporate a large number of products and services inside them. It is not always easy to go to a shopping mall and exit with only what you came to purchase. The temptation to browse is always present‚ and browsing often leads to buying things that are not needed. b) Electric energy is supplied to this industry too much. If we consider in the long way of the source of energy to continue
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MALL CULTURE Mall culture is nothing but an exploitative phenomenon mastermind by materialistic sharks of a blind imitation of the wild west for personal gains – and even at the cost of small traders and entrepreneurs who provide spot service to the community while these huge magnet like sophisticated centralized retail chains attract the gullible customer through media and advertisement blitz craze. Where? Of course‚ not in villages and in towns but in metropolis like Delhi‚ Mumbai‚ Chennai‚ Banglore
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Mall Culture- Rise‚ Current Trends‚ Types and Economic Study Difference Between a Shopping Mall & a Shopping Centre ? SHOPPING CENTRES SHOPPING MALLS 1. Shopping Centre is one or more buildings. 2. It is an open outdoor market. 3. In a shopping centre there are only one or two entrances to each store. 4. Here‚ in order to go to another store you have to go outside & then enter another store. 5. Shopping centre is one or more buildings that contain stores and restaurants
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Summary: Mall Attractiveness and Shopping Preferences is a study conducted to find out what variables attract shoppers to a mall‚ their preferences and how mall operators should consider this significant analysis to implement an effective strategy to position their strategy. The study involved five major shopping malls in Davao City: SM City Davao‚ NCCC mall of Davao‚ Gaisano Mall of Davao‚ Gaisano South City Mall and Victoria Plaza. Factor analysis is applied for this study and complimented
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Case Study #2 Mall of America: Shopping and a Whole Lot More Marketing 3301.N1‚ Dr. Charles Little Amanda Shields November 15‚ 2014 1. Why has Mall of America been such a marketing success so far? The Mall of America and its massive size is able to do what most malls could not. It was able to implement marketing strategies that have been successful for small-scale retail‚ use them on a much larger scale‚ and offer something for everyone‚ a process of market segmentation and retail mix.
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Shopping was never as convenient for people as it is now. The shopper gets the experience of one stop shop. From apparels to FMCG goods‚ the consumer gets leisure time visiting malls. Each store offers an individual a wide variety be it for choosing a stationery pen or a laptop. One of the reasons for the existence of mall culture is globalization. Products and brands from various places‚ cultures and communities are under one roof. One of the central features of conventional shopping areas
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A STUDY ON COUPON MALL IN FULLFILMENT OF THE REQUIREMENT FOR THE RETAIL MANAGEMENT COURSE PROF. ASHIS MISHRA UTKALIKA MOHANTY 1211058 ABHINAV DAHARWAL 1211090 RAMANJIT S ANAND 1211130 PUSHPENDU KUMAR 1211285 DEEPAK KARWASARA 1211091 INDIAN INSTITUTE OF MANAGEMENT BANGALORE Executive Summary A detailed study has been conducted on Coupon mall‚ a discount format retail chain to understand the problems which Indian value focussed retailers are facing. The purpose
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Electronic Mall By the increase in the internet usage in different aspects of today’s life‚ the amount of creative and innovative ways to utilize the electronic world have eventually increased. It is easy and popular among the users to use search engines as a method to gain access to a specific product or service. However‚ while using the internet for their shopping‚ they may face difficulties regarding to lack of enough information about the product or service they are looking for‚ such as
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