Comeback of the regional mall?

From a recent RetailWire discussion about regional malls’ share gain from 2.4% to 2.5% of spending (2009 to 2010). I don’t see it as a trend so much as a statistical aberration:

I don’t think a .1 percentage point gain is cause for celebration. Let’s see whether this is the beginning of a long-term trend or a blip in what has been a longstanding loss of market share. I do think that healthy regional malls have been working harder to re-engineer their tenant base with more successful specialty stores in recent years to offset growing vacancy rates, and have also added more dining and entertainment options for shoppers. But the traditional “mall anchor” (with the exception of Macy’s) continues to lose share to specialists and value-oriented retailers…and as long as that trend continues, regional malls can’t expect a dramatic turnaround soon.


0 Responses to “Comeback of the regional mall?”

  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: