Magazines Archives - 2008 October

Shopping centres in the US see decline in footfalls
Story 14 - News

US consumers are changing their shopping habits in light of the price escalation for petrol and food — and shopping centres are seeing a decline in foot traffic — revealed a report by management consulting and market research firm TNS Retail Forward.

The June 2008 findings of its TNS Retail Forward ShopperScape noted that among the various retail formats, only online sites, power centres (shopping centres that include at least one discountdepartment store or category superstore) and strip malls with supermarket anchors saw increases in their share of shoppers for the month.

The survey, which tracked general and apparel shoppers, saw power centres corner 60% share of the former and 37% of the latter for the month, compared with June 2007’s 56% and 36%,respectively. Malls with supermarket anchors recorded the same levels as in the previous year, with 49% share of overall shoppers and 23% of clothing shoppers. The jump was significant for Web portals, with 42% (up from 22%)of general shoppers and 29% (previously 15%) of apparel shoppers.


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2008 Oct Stories:

Green retailing - Part 2: Can sustainability practices go hand in hand with positive customer value proposition?

Professional courses address talent shortfall in India

CJ Home Shopping out to conquer Asia

US NASDA schedules China road show for NRA 2009

WGA 2008 promises premium exhibits, rich programme and market insights

Food & Hotel Thailand 2008 reports record turnout

Major Singapore bookstore chain set to establish retail prominence in Indonesia eases SMEs’ access to Chinese buyers

Singapore’s first eco-friendly mall draws 9 anchor tenants

Jollibee forges on with acquisitions worldwide

Xterprise’s Clarity-ARS provides retailers advance inventory management

RSR discovers what is vital to retailers

German brand sets foot in India for the first time

Shopping centres in the US see decline in footfalls

Coca-Cola makes a bid for Chinese juice-maker with cash offer

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