Vijaya
Mall, Chennai gets special honor under the IMAGES Most Admired Shopping Centre
of the Year: Socially Responsible
~Mega retailer voting process culminates in glittering ceremony to recognize
India's outstanding shopping centres~
The evening of Day 1 (11th May, 2016) at India Shopping Centre
Forum culminated
in the 9th edition of the annual IMAGES
Shopping Centre Awards (ISCA), which recognized
outstanding shopping centres and professionals across the country under 29
different award categories in front of an audience comprising the who's who of
retail and retail real estate businesses in India.
 |
| Forum Vijaya Mall (Chennai) awarded at the Images Shopping Centre Awards 2016. |
Held at The Renaissance Hotel, Mumbai, ISCA 2016 honored India's leading malls -- from both metros and non-metros -- on
basis of ROI and sales metrics for retailers, as well for outstanding marketing
drives and social & community activities.
A special honor under the IMAGES Most Admired Shopping Centre of The Year: Socially
Responsible category was
given to Forum Vijaya Mall, Chennai, for its highly-lauded initiatives
during the Chennai floods of 2015. A front runner
in relief work and with the support of its staff and the tenants, the entire mall
was open for citizens as a safe haven; hundreds spent three days within the mall. The
cinema halls were used for accommodating people to rest overnight, the food
court and the restaurants prepared food for thousands of people during the four-day period. The mall's hypermarket
operated on all days; mall management bought groceries from the hypermarket in preparing food for the flood victims.
To shortlist and rank best performing malls in India for financial year 2015-16, IMAGES undertook a
first of its kind exercise in the world -- involving over
200 top brands and retailers with their respective business development/ operations/ marketing & retail team members and associates -- to identify the best malls across India. Tenants in shopping centres with different retail verticals, formats and consumer segments joined
in to rank malls on the basis of their overall performance including metrics
like marketing promotion initiatives, trading density and ROI.
They voted and analysed centres that they were
present in, as well as centres they would like to be present in. Eight of the 29 categories at ISCA 2016 were the RETAILERS' CHOICE
AWARDS, decided purely by India’s leading national retail chains who voted for their preferred
shopping centres from across the country on the basis of Return on Investment or ROI, and
sales per square feet.
The
Grand
Jury for
ISCA 2016, comprising distinguished personalities in the field of
research, design and consulting with thorough insights into the business, and
India’s top retailers, gave scores based on their own understanding
of the nominees.
Jurors included Mr. Amitabh Taneja (Chief Convenor, India
Shopping Centre Forum), Mr. Anuj Puri
(Chairman & Country Head, Jones
Lang Lasalle), Mr. Ajay Bijli (Chairman
& Managing Director, PVR Limited), Ms.
Ireena Vittal (Expert, India Agriculture & Urban Change), Mr. Krish Iyer (President & CEO, Walmart India), Mr.
Neelesh Hundekari (Partner, Consumer and Retail, Head of Lifestyle
Practice, Asia, A T Kearney), Mr.
Phil McArthur (Founder & MD, McArthur
Company), Mr. Pankaj Jaju (Head -
Strategic Partnerships, Axis Bank), Mr.
Sanjay Dutt (Managing Director, India, Cushman
& Wakefield), Mr. Simon Thomson (Founder
& Principal, Retail International) and Mr. Shishir Baijal (Chairman & Managing Director, Knight Frank India Pvt. Ltd.)
Hosted by Freishia
BomanBehram, the ceremony featured performances by the Manuel Manual Trio, with guitarist and composer Adil Manuel, singer
& songwriter Shannon Donald and beat boxer extraordinaire, Alan
D-Souza. The trio performed some several popular tracks, including Michael Jackson’s Billie Jean
and Adele’s Rolling in the Deep. Also entertaining the audience was popular comedian and author Radhika Vaz.
ISCA 2016 Awardees:
1.
IMAGES Most Admired Shopping Centre of The Year
(South): Best Sales Per Sq. Ft – Express Avenue, Chennai
2.
IMAGES Most Admired Shopping Centre
of The Year: Socially Responsible (Special Mention) – Forum Vijaya Mall,
Chennai
About IMAGES Group
The IMAGES Group is trusted as the catalyst for profitable growth of modern
retail through knowledge platform leadership.
A strong portfolio of business publications covering all verticals of
retail have served since 1992 to inform, advise and inspire the leaders and
decision makers of the industry. The key retail verticals served by Images
include Fashion, Textiles, Real Estate, Technology, Food Service, Food &
Grocery, Retail Support, Beauty & Wellness and Franchising.
The need to connect with businesses, people, knowledge and ideas
associated with modern retail is served by Images Business Exhibitions and
networking meets. Images Conferences are usually conducted alongside the
exhibitions, and feature global business leaders and experts. These powerful
knowledge forums inspire not just debate and discussion, but policy decisions as well.
IMAGES Awards are respected as unbiased, transparent and accurate measures
of retail performance. Other initiatives in Business Intelligence, Market Research, Retail
Training and On-line Community Building also play important roles in further
developing the world’s most attractive retail destination – India.
IMAGES Group is head quartered in New Delhi with offices across Indian metros and in
the Middle East. More information about IMAGES is available on
www.imagesgroup.in
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