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Exploring the life cycle of malls, this episode dives into the reasons behind the struggles of the industry, highlighting the impact of bad management decisions on the declining shopping centers.
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Quick takeaways
- Strategic location near public transportation boosts mall success.
- Owner-related issues and mismanagement can cause malls to deteriorate and close.
Deep dives
Success Story of Select City Walk Mall
The Select City Walk Mall in Delhi exemplifies a thriving mall, boasting high occupancy rates and a diverse mix of international and domestic brands. Anchored by stores like H&M, Zara, and Decathlon, along with a six-screen multiplex and dedicated zones for various shopping categories, the mall stands out as a popular urban consumption center. Its strategic location near public transportation contributes to its success, resulting in the highest sales per square foot and footfall among similar-sized malls in India.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode