Following a shaky start to the year – three of the first four weeks in 2016 saw annual decreases in footfall – activity in Russian shopping malls appears to have turned the corner, with the positive data of February continuing into March …. Click here for Intellinews.com: Russian shopping mall activity continues 2016 recovery [featured image is file photo, not […]
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(Moscow Times – themoscowtimes.com – September 22, 2015) Twenty-eight percent fewer customers are walking through the doors of the average Moscow shopping center than two years ago, according to data from market researchers Watcom cited by the Kommersant newspaper. The slump in visitor numbers comes after years of expanding consumer spending in Russia as an oil boom fueled an emerging […]
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(Business New Europe – bne.eu – Ben Aris in Moscow – September 15, 2015) [Charts here bne.eu/content/story/foot-traffic-russias-leading-shopping-malls-tumbles] Foot traffic at Russia’s leading malls is collapsing because of the grinding crisis that has seen real incomes fall the first time in a decade and a half, according to the most accurate index measuring Russians’ shopping habits. Moscow boasts some of the […]
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(Moscow Times – themoscowtimes.com – Alexander Panin – November 11, 2013) Russia is ranked number one in Europe in terms of building retail space but still has a lower ratio of shopping malls to people, according to research by Cushman & Wakefield. With over 456,200 square meters of retail space built in just the first half of 2013, Russia topped […]
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