COVID-19 Impact on Shopping Malls Globally

COVID-19 Impact on Shopping Malls Globally

  • February 2021 •
  • 33 pages •
  • Report ID: 6039332 •
  • Format: PDF
COVID-19 Impact on Shopping Malls Globally

Summary
The COVID-19 outbreak has been the biggest disruption in the history of property owners, especially shopping malls. However, the severity of the pandemic was felt by different mall owners on varying levels depending on the type and scale of malls, from premium and flagship malls, to budget and local malls

Scope
- Consumers spending on high-quality, yet affordable goods will support local and budget malls’ sales growth
- Increased pressure from rental relaxations had led several mall owners to file for bankruptcy protection
- Mall owners are embracing percentage-based lease option and leasing space to pop-up stores for recovery
- Shopping malls are transforming into places that host a mix of retail and non-retail experiences

Reasons to Buy
- This report provides analysis, Issues & Trends For Shopping Malls Following the Impact of the Global COVID-19 Pandemic
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