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Movie halls turn saviours for beleaguered malls

Movie halls turn saviours for beleaguered malls

Thursday, February 23, 2017, 11:40 AM

Multiplexes are the new anchors at malls. Average spends at multiplexes might be smaller than those at apparel stores or hypermarkets, but they’re consistent and more predictable. According to a Knight Frank India report, the share of space that multiplexes and the F&B category occupy in malls, has increased from just 8-9% a couple of years ago to 20%.
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