U.S. shopping mall foot traffic delivered a robust performance in November, signalling a potential renaissance for brick-and-mortar retail that could extend into the December shopping season, according to the latest industry data. The revival is particularly noteworthy for indoor shopping centres, which registered a 6.4 percent year-over-year...
16 Dec 2024
The retail and fashion industry has received a welcome boost as the back-to-school season propelled a significant uptick in mall foot traffic across the United States, according to the latest Placer.ai Mall Index. This surge in consumer activity offers valuable insights for retailers and fashion brands as they navigate the evolving landscape of...
11 Sept 2024
May 2024 marked a notable resurgence in foot traffic across various US mall types, as highlighted by the latest Placer.ai Mall Index. The index, which tracks visits to 100 top-tier indoor malls, 100 open-air shopping centers, and 100 outlet malls in both urban and suburban areas, revealed significant year-over-year increases in visits. The...
7 Jun 2024
U.S. shopping centers are experiencing a notable resurgence, marking a promising shift in consumer’s shopping behavior. According to the latest update to Placer.ai's Mall Index for March, visits to shopping malls have seen a steady increase for the second consecutive month. The data reveals that visits to indoor malls surged by 9.7 percent...
12 Apr 2024
The 199th mass shooting in the United States occurred on May 6th at a Dallas shopping mall, resulting in the deaths of nine individuals. Shopping malls are particularly vulnerable to mass shootings, as it is nearly impossible to prevent armed individuals from entering. This latest shooting follows a deadly incident in a Greenwood mall in Indiana...
9 May 2023
Once the fabric of communities, the American mall has faced a long battle to stay relevant in the digital age, and its decline shows no slowdown. Multiple analysts have projected the shrinkage of U.S. shopping malls, which in their heyday totalled 2,500 in the 1980s. In the next ten years there may be just 150 malls left. Coresight Research in...
14 Oct 2022
Ericsson’s 10 Hot Consumer Trends report has predicted that consumers will want hybrid malls by 2030. The report, which outlines a futuristic version of a shopping mall, claims that AR glasses, haptic bodysuits and tactile gloves will all be available, with space for any number of activities to take place. The research was conducted from an...
16 Dec 2021