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Indian Retail Reels Under Coronavirus Panic

Amid the rising number of coronavirus cases in the country, the order of closure of malls and multiplexes across many top cities by the respective state governments to prevent people congregating for any reason, has caused the organized retail scene in these cities to come to a grinding halt.<br><br>The top 8 main cities of India have 126 malls sprawling over more than 61 mn sq. ft. area, and more than 100 malls have multiplexes attached. Wherever it has been mandated, there will therefore be a high number of establishments that need to shut down for operations. Even short-term closures will have significant financial implications.<br><br>However, what matters more is that these establishments attract massive footfalls. In a health crisis like the coronavirus pandemic, shutting them down can be a major step forward in terms of harm-prevention.<br><br>

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Indian Retail Reels Under Coronavirus Panic

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  1. 9/16/2020 About us Indian Retail Reels Under Coronavirus Panic - The Business Fame Magazine Guest Blogging Blogs TBF Shepreneurs         Press Release Contact us  MAGAZINE INDUSTRY INSIDER  ENTREPRENEUR’S ERA  PODCAST VIDEO  TESTIMONIALS Home  Entrepreneur Era Indian Retail Reels Under Coronavirus Panic   Amid the rising number of coronavirus cases in the country, the order of closure of malls and multiplexes across many top cities by the respective state governments to prevent people congregating for any reason, has caused the organized retail scene in these cities to come to a grinding halt. The top 8 main cities of India have 126 malls sprawling over more than 61 mn sq. ft. area, and more than 100 malls have multiplexes attached. Wherever it has been mandated, there will therefore be a high number of establishments that need to shut down for operations. Even short- term closures will have signi?cant ?nancial implications. Privacy - Terms https://thebusinessfame.com/indian-retail-reels-under-coronavirus-panic/ 1/4

  2. 9/16/2020 Indian Retail Reels Under Coronavirus Panic - The Business Fame Magazine However, what matters more is that these establishments attract massive footfalls. In a health crisis like the coronavirus pandemic, shutting them down can be a major step forward in terms of harm-prevention. City Number of Malls Area in Mn sq. ft. No. of Malls with Cinema Ahmedaba d 6 2 4 Bangalore 24 10.5 21 Chennai 11 6.2 9 Delhi/NCR 33 16 18 Hyderabad 14 7.6 13 Kolkata 7 2.3 7 Mumbai 24 11.8 23 Pune 7 4.6 6 Grand Total 126 61 101 Share Tweet Share Pin Share Previous Post Next Post How Arti?cial Intelligence is Impacting Your Daily Life Top 5 challenges and solutions for Healthcare Startups in 2020 RECOMMENDED NEWS Upcurve Business Services Private Limited’s brand udChalo felicitated at SIDBI- Economic Times MSE Awards 2019 Ruslan Desyatnikov: An Exceptional Personality Who Harbored a Unique Approach to Leadership Privacy - Terms https://thebusinessfame.com/indian-retail-reels-under-coronavirus-panic/ 2/4

  3. 9/16/2020 Indian Retail Reels Under Coronavirus Panic - The Business Fame Magazine Pivotal strategies to build a brand from scratch Arbe: Suited for Every Level of Vehicle Autonomy or Class  LOAD MORE “The Business Fame” is a Global Media Organization for C-Level Business Owners, Top Management (Director, VP, GM), Millenials and Business Decision-makers etc. Read More... Follow us on social media:        Recent News Arbe: Suited for Every Level of Vehicle Autonomy or Class August 22, 2020 Alertgy: Measuring Blood Sugar Levels with an App on a Smartphone August 22, 2020 Apple creates history, becomes the ?rst US ?rm to reach $2 trillion valuation August 22, 2020 Categories Business Tech Economic Healthcare News Leadership Innovation Privacy - Terms https://thebusinessfame.com/indian-retail-reels-under-coronavirus-panic/ 3/4

  4. 9/16/2020 Indian Retail Reels Under Coronavirus Panic - The Business Fame Magazine Lifestyle Recent News Arbe: Suited for Every Level of Vehicle Autonomy or Class  Alertgy: Measuring Blood Sugar Levels with an App on a Smartphone  / / Sitemap Terms & Conditions Privacy Policy Copyright © 2020 The Business Fame. All Rights Reserved. Privacy - Terms https://thebusinessfame.com/indian-retail-reels-under-coronavirus-panic/ 4/4

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