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Owners of shopping centers will focus on open-air fashion markets



California's malls, forced to stand idle for now, are inventing new ways to survive the difficult period of the pandemic.
Westfield Valley Fair

When the coronavirus forced malls in California to stop working for the second time as the number of diseases there continued to grow, some mall owners decided it was time to take action. They presented a concept that turned shopping malls inside out, creating a kind of open-air marketplace in front of the mall.

It was the case, for example, at the Westfield Valley Fair mall in Santa Clara, California, owned by Unibail-Rodamco-Westfield. It is not the only example. Simon, Brookfield Properties, and Segerstrom also followed this path. Representatives of shopping malls say that this is a safe and innovative way of supporting their landlords under challenging times.

Markets opened by malls are not much different from the typical open-air markets. Visitors are also welcome to open tents or sell them -- in this case, items from popular brands such as Athleta, Shoe Palace, Hugo Boss, David Yurman, and Pottery Barn. Nearby is also setting up tents, where visitors can buy food and drink. The size of the market depends on the location of the adjacent territory.

It is also noted that this concept is interesting not only for closed centers, but also for those who have resumed their activities, but it is not yet attracting enough buyers who are afraid to visit the closed premises.

According to representatives of shopping centers, they will expand and support such markets until the pandemic goes down, and the market returns to regular operation. However, it should be noted that this approach is temporary and will only work as long as it is warm enough outside. "But we do believe that in a couple of months, the pandemic will finally go down, and we will not have to invent new approaches to trading."

More about shopping malls in the USA



YESTERDAY:
Located on Broadwick Street in Soho, London.
DAY BEFORE YESTERDAY, USA:
Luxury fashion house Balenciaga inaugurated its first standalone store in Chicago, Illinois.
May 21, 2024, France:
Some fashion brands are opting to hold their showroom presentations in Milan this season due to logistical challenges posed by the Olympics.
May 20, 2024:
The collection follows the recent launch of Zara's 'Timelesz' line and represents another step in enhancing its kids' division.
May 17, 2024:
David Beckham has signed a multi-year design deal with Hugo Boss
May 16, 2024:
Fashion retailer Esprit has commenced insolvency proceedings for its European holding company.
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