Shopping Centers news and trends

Shopping Center Vacancies Hit Lowest Level in 20 Years
Retail // June 09, 2024

Don’t write any obituaries for the American shopping center just yet. As The New York Times (NYT) reported Sunday (June 9), retail landlords are now finding themselves with soaring demand for spaces.  As construction declined and underperforming stores vacated, landlords began signing up tenants that...

Retailers Reduce Reliance on Shopping Centers Even as Gen Z Loves Malls
Retail // March 25, 2024

Amid ongoing uncertainty, retailers are scaling back their reliance on in-mall locations, even as the new generation of shoppers flocks to these shopping centers. On the most recent wave of earnings calls, retailers spoke to their efforts to focus their store growth pipelines more on...

Retailers Rethink Malls as Other Locations Report Stronger Sales
Retail // January 15, 2024

In the latest sign of trouble for the mall, several national retailers are moving outdoors. That’s according to a Monday (Jan. 15) Wall Street Journal (WSJ) report, which said that a number of brands are turning to shopping centers and strip malls after seeing those locations...

Malls See Increase in Foot Traffic, But Less Time Spent In Store
Retail // May 26, 2020

The owner/operator of 85 shopping centers in California, Colorado and Illinois said shoppers are returning to recently reopened malls, but they’re not lingering, according to a CNBC report. “Since last week, our average traffic has been up about 25 percent, so we are seeing more...

Quick Reads
Simon Wants Gen Z to Heed Call of the Mall

September 30, 2024
Mall giant Simon Property Group has launched an advertising campaign aimed at younger consumers. “Dubbed ‘Meet Me @themall™,’ the multifaceted campaign blends ‘80s and ‘90s nostalgia with a new generation who wants to shop, eat, stay and play at the mall as much as their parents do,” the company said in a news release Monday […]

Shopping Center Vacancies Hit Lowest Level in 20 Years

June 09, 2024
Don’t write any obituaries for the American shopping center just yet. As The New York Times (NYT) reported Sunday (June 9), retail landlords are now finding themselves with soaring demand...

Retailers Rethink Malls as Other Locations Report Stronger Sales

January 15, 2024
In the latest sign of trouble for the mall, several national retailers are moving outdoors. That’s according to a Monday (Jan. 15) Wall Street Journal (WSJ) report, which said that...

Malls See Increase in Foot Traffic, But Less Time Spent In Store

May 26, 2020
The owner/operator of 85 shopping centers in California, Colorado and Illinois said shoppers are returning to recently reopened malls, but they’re not lingering, according to a CNBC report. “Since last...