Turnover and foot count improves across its malls, Liberty Two Degrees says
Foot count averaged 95% of 2019 levels between October 2021 and November 2021
14 December 2021 - 14:41
Liberty Two Degrees (L2D), which owns office and mall assets including Sandton City, Eastgate Shopping Centre and Liberty Midlands Mall, has reported an improvement in turnover and foot count levels across its portfolio.
According to L2D, foot count — widely used measure in the sector to describe the number of customers that enter a store, mall or location — across its malls grew 26% and averaged 95% of 2019 levels between October 2021 and November 2021. L2D said that that was likely to continue into the festive season...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.