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American Citizens are Declining Shopping Centers for Fear of the Virus



Businesses in U.S. shopping malls could come under severe pressure if the coronavirus continues to spread.
Shopping Centers

U.S. shopping center business may be under severe pressure if the coronavirus spreads further. According to Coresight Research, six out of ten U.S. residents plan to avoid public places such as shopping malls if the situation does not change for the better, reports BusinessInsider.

"Among those consumers who can change their habits if the outbreak worsens, about three-quarters can avoid shopping malls," commented Deborah Winswig, CEO and founder of Coresight Research. "Shoppers note that they will avoid shopping malls more than the stores in general. 

According to recent data, more than a quarter of those surveyed are already changing their usual routes and avoiding public places because of the virus. Almost half of the respondents try not to go to shopping malls. Restaurants and cinemas in the U.S. may also experience problems with traffic shortly. At that time, if the situation with the coronavirus does not turn into a global epidemic, it is projected that retail sales in the U.S. will increase by 3.5-4.1% in 2020. 

More about shopping malls in the USA



YESTERDAY, USA:
Global fashion e-tailer Boohoo has unveiled its new 'boohoo brands' marketplace.
DAY BEFORE YESTERDAY, Australia:
The U.S. lingerie giant disclosed plans on Wednesday to open the store in the Highpoint Shopping Centre.
Jul 24, 2024, India:
Bershka's inaugural brick-and-mortar store in India is slated to open in Mumbai this November.
Jul 23, 2024, USA:
Ross will open 21 new Ross Dress for Less stores and three DD's Discounts stores across 17 states.
Jul 22, 2024, Italy:
The 120-square-meter boutique is strategically situated near the iconic Spanish Steps in Rome.
Jul 19, 2024, France:
This prime location places it in the heart of the Marais district.
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