Find in the news:
BY COUNTRY

Shopping Centers in China Starting to Open



One of the largest companies in the Asian real estate market, CapitaLand Retail opens all its shopping centers in China.
Capitaland

Representatives of the company announced that all shopping centers in mainland China, previously closed due to coronavirus, are opening their doors to visitors. Since the end of January 2020, all the country's shopping centers have been closed, but now the authorities believe that the outbreak of infection has fallen and began to issue permits for the opening of shopping facilities. 

Since early April, shopping malls have begun their work, and there has already been an increase in the flow of visitors, as well as reported that about 80% of tenants have resumed their activities.

The company operates shopping centers in nine major Chinese cities. Among the malls owned by CapitaLand Retail, there are also four shopping centers in Wuhan, a capital that is considered the epicenter of the coronavirus outbreak. These malls have also been reopened since April 2. 

CapitaLand representatives are optimistic, but several factors can play against the rapid recovery of sales through malls. These include the population's decreased purchasing power during quarantine, as well as the transition of many consumers to online shopping and their unwillingness to return to retail outlets for fear of a new wave of infections. 

Experts estimate that about 60% of Chinese shopping malls recorded a 30% drop in sales in the first quarter. In this case, total retail sales for the first two months of the year fell by 20.5% compared to the same period last year.

More about shopping malls in China



YESTERDAY, USA:
It will be the most significant expansion in Sephora's history, demonstrating its confidence in the retailer's future.
YESTERDAY, USA:
Shortly, 17 Apple mini-stores will open in hypermarkets across the country. The company intends to start opening such outlets in the fall.
DAY BEFORE YESTERDAY, India:
The vast mall's construction will cost $760 million, and the project is expected to be completed in seven years.
DAY BEFORE YESTERDAY, United Kingdom:
The brand plans to close 95 stores nationwide while paying reduced rent for the remainder of the term.
Feb 24, 2021, USA:
Old Spice Barber Shop will also serve as a brand store, digital content studio, and experience lab for new product developments.
Feb 24, 2021, USA:
The company managed to retain its place as the largest retailer in the U.S., with Amazon in second place.
Friend
and Follow
AEON MALL Okinawa Rycom GLA:839 585 SF
ADDRESS: 901-2300 Tochi-kukaku seirichinai Awase, Kitanakagusuku Village, Nakagami District, Okinawa
Japan . Ginowan
AEON MALL Okinawa Rycom
Central Children's Store GLA:370 192 SF
ADDRESS: Teatralnyi proezd, 5
Russia . Moscow region
Central Children's Store
Asheville Outlets GLA:325 000 SF
ADDRESS: 800 Brevard Road, Asheville, NC 28806
USA . Asheville
Asheville Outlets
Shopping City Süd GLA:1 862 156 SF
ADDRESS: Europaring 2334 Vösendorf
Austria . Vienna
Shopping City Süd


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us