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Placer.ai: Malls Made Significant Traffic Gains To Start Holiday Season

Placer.ai: Malls Made Significant Traffic Gains To Start Holiday Season

by Mike Duff | Dec 16, 2024 | Retail Articles

Indoor mall visits grew by 6.4% year-over-year during November, while open-air shopping center visits were up 4.8% and outlet mall visits were up 3.8%, according to Placer.ai. Traffic during the Black Friday weekend – including Friday, Saturday and Sunday – was up 6%...
JLL: Parents Boosting Back-to-School Spending in 2024

JLL: Parents Boosting Back-to-School Spending in 2024

by Mike Duff | Jul 8, 2024 | Retail Articles

A survey from global commercial real estate and investment management firm JLL reveals parents plan to spend 21.8% more on back-to-school shopping this year, signaling positive implications for retail sales and a successful shopping season. The survey of more than...
Target Pursues Multifaceted Store Growth Strategy

Target Pursues Multifaceted Store Growth Strategy

by Mike Duff | Jun 21, 2022 | Featured News, Retail Articles

Although it lately has been more recognized for smaller urban locations in its store expansion initiatives, Target Corp. hasn’t given up on opportunistic expansion in larger retail developments. Mall operator Macerich has announced it will host a new Target store at...
Placer.ai: Malls Made Significant Traffic Gains To Start Holiday Season

Placer.ai: Malls Making Headway Despite Headwinds

by Mike Duff | Jun 10, 2022 | Retail Articles

The new report Placer.ai Mall Index — May 2022 Update indicates that visits to all types of shopping malls, indoor, open-air lifestyle centers, and outlet malls, decreased between April and May, compared to the same months in 2019, but on a month-over-month basis,...
Placer.ai: Malls Made Significant Traffic Gains To Start Holiday Season

ICSC: Resilient Shopping Malls Regaining 2019 Traffic Levels

by Mike Duff | May 24, 2022 | Featured News, Retail Articles

The International Council of Shopping Centers (ICSC) released its 2022 State of the Marketplaces Industry Report, highlighting how malls and other multi-store retail developments are transforming under challenging, new conditions while seeing foot traffic increases...
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