Nepi Rockcastle posts strong sales recovery as European shoppers return to malls
Since the beginning of 2021 shoppers have been buying more products during mall visits
23 February 2022 - 21:21
Central and Eastern Europe premier shopping centre owner Nepi Rockcastle says retail sales are returning to, and even exceeding, pre-pandemic levels in all the months free from trading restrictions.
In its annual results for the period ending December 31 2021, Nepi reported a 25% increase in sales as shoppers bought more products with each mall visit, while reducing the number of visits, a trend which started in 2020. Footfall and retail sales recorded a 9.5% and 25% increase, respectively, in 2021...
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