Home / Knowledge / News / Apparel/Garments / Malls adopt prudent strategies to woo shoppers
Malls adopt prudent strategies to woo shoppers
31
Mar '09
The 'R' word, 'Recession' is a predicament behind every country's economy, threatening both businesses and customers alike. Economic slump has brought numerous big organizations to their knees; overnight, forcing many of them to shut down their operations.

Investors are less found or even non-existent. Many people have lost their jobs due to recession bites. Hence, they are curtailing their expenses to survive the crisis.

Malls are adversely affected due to a shift in the spending pattern of the consumers. Analysts predict that this down turn may plummet their profits to a greater extent comparatively other others.

This is because, consumers avoid certain shopping places just to overcome their temptation of buying, and malls top that list. With shoppers cutting back, mall owners fear that customers once lost seldom comes back.

Mall operators are likely to experience a two fold problem of retailers and the customers moving away. Still they positively assert that every recession is succeeded by a resurging boom, and are adopting innovative strategies to charm the shoppers.

Dance workshops, gifts, contests with luring prizes, and many more offers are announced by the mall owners for attracting elusive customers. Malls would always exist in this planet, and it lies in the tactics of the owners to have their slice of the pie.

Click here to read the complete article.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search