Archive for March, 2009

Singapore’s Malls Going Green with Energy Smart Retail Malls

March 27, 2009

The NEA is Singapore’s National Environmental Agency and has recently identified two of the country’s first two energy smart retail malls in their efforts to promote energy efficacy and lower operating costs, according to local media. Reports from TV broadcasters indicate that NEA has given it’s energy smart retail mall label to the top 25%...
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Declining Malls Strive for New Identities

March 22, 2009

Although Independence Mall has been around for almost 20 years and should be celebrating it’s anniversary, it is instead ailing with empty storefronts and barely trying to survive. The past year alone has resulted in losing two major stores to bankruptcies and other closings have rendered in soaring vacancy rates. Across the country, major malls...
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Despite Global Slowdown, Venezuelans Continue to Shop Shop Shop

March 13, 2009

Shoppers in Venezuela seem un-phased by the global financial crisis, the socialist policies of President Hugo Chavez and the nation’s sliding oil income as shoppers continue to flock to Venezuela’s vast malls. Venezuela is home to many upscale shopping centers, which are doing relatively well compared to malls in the United States and Europe...
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The Revolt of Retailers as The Largest Mall In Europe Struggles

March 8, 2009

Westfield is the owner of Europe’s largest shopping center based in West London and is facing a slap on the face from cash-strapped retailers who are unhappy with the progress of the giant mall, which opened in October of 2008. The giant mall has been faced with restaurant closures, delays in opening a cinema...
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China and It’s Great “Mall”

March 3, 2009

Unlike the North American or British economies, China has found itself in the middle of a massive retail revolution as mega-malls are appearing in main centers. These shopping metropolises’ are equally appealing to big spenders and bargain hunters that truly are worth the deal. Beijing’s New Yansha Mall is the world’s biggest mall, shadowing...
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