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Thursday, May 12, 2016

Vijaya Mall, Chennai gets special honor under the IMAGES Most Admired Shopping Centre of the Year: Socially Responsible


By on Thursday, May 12, 2016

Masthead ISCF15_with VRB logoVijaya 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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