Shopping centres, malls seek relief in upcoming Budget

Ahead of the Union Budget, the Shopping Centres Association of India (SCAI) has urged the government to offer financial relief to the industry through GST rate rationalisation, loan waivers, income tax deductions and relaxation in compliance norms.

In its representation to the Finance Ministry, the industry body, which represents malls and shopping centres, has called for tax holidays for construction of shopping malls and said that an amendment is required in Section 80-ID of the Income Tax Act to “allow deduction in respect of profits and gains from business of malls”, which have been constructed in specified areas.

“Income tax

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Kent’s shopping centres through the years

With many people missing a day out at the shops due to the Covid-19 pandemic, we decided to raid the archive for a trip down memory lane looking at the county’s vast selection of malls.

From huge complexes to smaller precincts, Kent is home to many a varied shopping centre.

Bluewater opened March 16, 1999

Many have changed over the years – whether by layout or the selection of stores on offer.

We start with the county’s biggest shopping centre, Bluewater, in Greenhithe.

It opened in March 1999 and rises out of a former chalk quarry among 50

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Stockholm Fashion Week to Offer Live Shopping Event

BUY THE WAY: As fashion weeks around the globe are increasingly adapting to virtual shows and presentations instead of in-person ones, Stockholm Fashion Week is adding a new twist to boost spending. Running from Tuesday through Thursday, the next edition will feature a daily event, “Watch & Shop.” Made possible with the support of Boozt, an online retailer, the plan is to showcase highlights in an interactive shopping experience within the video broadcast.

Designers in different cities such as Tommy Hilfiger and Ozwald Boateng have staged buy-now events over the years with mixed reviews. The Swedish version offers a different

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Publix-Anchored Shopping Center Delray Beach Sells For $9M

North Delray Commons at 455 & 555 Northeast 5th Avenue in Delray Beach (Photos via Google Maps)

A Publix-anchored shopping center in Delray Beach sold for $9.4 million.

Records show North Delray (E&A) LLC, a South Carolina company, sold the two buildings at 555 and 455 Northeast 5th Avenue, called North Delray Commons, to 555 NDC LLC, a Florida corporation.

The selling entity links to national retail real estate owner, operator and developer Edens, which has regional headquarters in Columbia, South Carolina, as well as Atlanta, Boston, Dallas, Miami and Washington, D.C.

Jodie W. McLean, CEO of Edens, signed the

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Robert Kime Takes Us Shopping for Beds

Robert Kime is a decorator’s decorator—the AD100 London-based designer is known for exquisite layering, sophisticated patterns, and unimpeachable traditionalism. Naturally, he knows precisely what to look for when sourcing one of the most sumptuous items for a bedroom project: the antique bed. Read on for his expert insights. 

What are your first considerations when sourcing an antique bed? Do you have favorite sources?

Interestingly, I do find beautiful antique beds in Paris, but I usually have a few on hand, either in my shop or in my stores. We have made beds out of antique pieces too—for example, we

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WPP Report Shows What Brands Can Learn from China’s Shopping Festivals

Shopping festivals occupy a special place in the heart of Chinese consumers – a key reason brands need to learn to navigate the long list of shopping holidays on the national calendar.

Many holidays are tied to cultural tradition, like family reunions during the Lunar New Year, while other occasions, like 11.11, are modern inventions to celebrate and entertain. A distinct gifting culture is usually associated with many of these holidays. For example, the Chinese celebrate three Valentine’s days each year, where couples express their love through gifts. 

Unlike Western shopping holidays that focus on discounts, shopping festivals in China

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