Find in the news:
BY COUNTRY

Trend From North Of The Border May Whet Shoppers Appetites



There’s an interesting trend developing up in Canada that this same group of people may want to play close attention to.
Followers of the retail sector know that the food and beverage segment is hot, and also that it shows no signs of slowing down. Savvy landlords, developers and property managers are well out in front of this trend, and the concept of food as anchor or overall drawing card of a center or mall continues to gain traction. According to The Star, there’s an interesting trend developing up in Canada that this same group of people may want to play close attention to. 

Food courts are ubiquitous part of the American shopping mall experience, but they’re being treated as more than just an afterthought at these malls in the Greater Toronto Area. 

Scarborough Town Centre recently unveiled the first phase of an overall $37 million upgrade to its food and dining options.

“Our business is about keeping our customers happy, and that includes food and beverage and entertainment. I think you’re going to see the percentage of food increase in shopping centres across the board; we’ve already seen that trend start to happen in the U.S,” said General Manager Robert Horst.

The centre has 23 quick-service brands offered on the ground floor, and has its sights set on opening three premium floors on the upper level. 

Michael Penalosa, managing principal at Thomas Consultants, says that ten years ago, food courts represented about 5% of the space in a typical enclosed mall in North America. For some mixed-use malls, that number climbs as high as 15 to 20%, and has proven to be an effective means for drawing consumers in. 

“This is a double-edged sword. Consumers have a finite amount of disposable income. Do you use it for shopping or dining out?” he explains. 

Last year, Sherway Gardens unveiled a very well-received Gourmet Fare food court as part of the mall’s overall $550 million redevelopment. The food court offers up room for 1,000 guests, and has helped to increase the overall food component of the mall by 48%. 

“On Saturday afternoons, families would try and find a place to sit and they couldn’t find one. So the kids are hungry – and that’s bad for business because if they’re hungry, they’re irritable, they leave the mall,” said General Manager Andy Traynor. 

For developers and owners in the US, it would be wise to make note of these development from north of the border. The often overlooked food court might just be more important than you realize, and a little sprucing up could make a huge difference in customer counts. 

More about shopping malls in Canada



DAY BEFORE YESTERDAY, Japan:
The shopping space called Issey Miyake Ginza / 442 is located on Gasuto Street.
DAY BEFORE YESTERDAY, USA:
Apple's net income fell 13.4 percent to $30 billion in the fourth quarter of 2022.
Feb 2, 2023, United Kingdom:
Designed by Ralph Appelbaum Associates, the space focuses on an exceptional Lavazza product experience.
Feb 2, 2023, Singapore:
The store will be located in Junction 8 mall.
Feb 1, 2023, Australia:
South Korean conglomerate Lotte has won the tender.
Feb 1, 2023, USA:
Nike sued the Canadian brand Lululemon, demanding compensation for losses incurred for patent infringement.
Friend
and Follow
Central Children's Store GLA:370 192 SF
ADDRESS: Teatralnyi proezd, 5
Russia . Moscow region
Central Children's Store
Madrid Xanadú GLA:1 184 030 SF
ADDRESS: Autovía A5, salidas 22 y 25 - 28939
Spain . Madrid
Madrid Xanadú
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
Optimum Outlet GLA:421 127 SF
ADDRESS: ve Eglence Merkezi | Istiklal Sokak No.2/B Yenisahra/Atasehir
Turkey . Istanbul
Optimum Outlet


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