Tema: Shopping Malls

Shopping malls’ response to a drop in footfall.

It’s a known fact that shopping centres around the world need to reinvent themselves to avoid falling sales. One of the main causes of the decrease in influx to large stores and therefore declining sales, is the migration of purchasers to online sales services. Experts say that this latter market, which continues to grow year after year, in the USA represents 15% of retail sales, whilst in Spain, it only reaches 4% of the total. The consequences are highly visible and estimates indicate that in the next five years, the US will close 1 in 4 of its shopping malls, [...]

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