Still winter for Klang Valley mall retailers
Just when markets were in a rosy mood, the escalating number of Covid-19 positive cases starting in September put everything on halt again with the implementation of a 14-day conditional movement control order (CMCO) in Klang Valley, which has been extended for another 14-days until Nov 9, 2020.
UEM Sunrise appoints two directors
The appointment is following the resignations of Subimal Sen Gupta Sen and Anwar Syahrin Abdul Ajib last month.
Always be ready to manage different scenarios
Chris Chong, IOI Properties Group Bhd’s Mall Operations senior general manager: We remain resilient and are prepared to manage our workforce under different scenarios while maintaining efficiency and high service levels to our shoppers, tenants and business associates as the mall remains open throughout this difficult time.
An opportunity to review tenancy mix
Sara Fang Horton, UEM Sunrise Bhd’s head of retail strategy: The Covid-19 pandemic and the previous MCO have shown that we need to pivot our placemaking strategies to continue building top-of-mind awareness in the community and among our loyal customers who appreciate Publika’s unique experiential and creative retail concept.
Shopping mall outlook remains healthy in a different business model
HC Chan, CEO of Sunway Malls & Theme Parks: Overall, the long-term outlook of the industry will remain healthy, resilient and robust albeit in a very different business model.
Embracing challenges
Despite the negative news, mall operators have remained calm and seen the current slow time as an opportunity for them to restrategise for future needs.
Sutera Harbour Resorts says Sutera cluster not linked to them
The Sutera cluster, as stated in the ministry’s press release, refers to a construction site along Jalan Utama Sutera Harbour Road.
Rebuild economy to revive retail industry
Henry Butcher Retail managing director Tan Hai Hsin believes that the shopping traffic will return gradually after the end of the second CMCO, when Malaysians get used to the current SOPs as the new normal.
Shopping malls fight on to stay afloat in CMCO
Indeed, CMCO has restricted people’s movement, causing fewer people to visit the malls, but the main deterrent now is actually people’s qualms of malls’ safety, especially since the majority of the shopping malls have reported Covid-19 positive cases since end- September.
