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Business

Indoor malls gain footfall in July as heat and dining draw shoppers inside

US indoor malls recorded a modest year-on-year increase in July foot traffic, suggesting that climate-controlled retail environments are benefiting from both summer weather and non-traditional anchor tenants. The latest Placer.ai Mall Index, which tracks 100 top-tier indoor malls, 100 open-air shopping centres and 100 outlet malls nationwide,...

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Apparel

Most new shopping centres in Russia and Turkey in 2013

A total of 1.8 million square meters of new shopping centre space was accrued in Europe in the first half of 2013. Russia and Turkey were the two countries that accounted for almost half of it according to Cushman & Wakefield’s recent “European Shopping Centre Development” report. The global property consultants blame project delays for the fact...

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