The return of the mall
Against overwhelming odds, physical stores have outlasted the pandemic. But retailers and landlords need to up their game if they are to continue luring shoppers into SA’s malls
20 October 2022 - 05:00
Whether bricks-and-mortar retail will survive the e-commerce onslaught is a debate that was raging long before 2020. But when Covid arrived and shoppers around the globe were forced online, many believed the end of the mall was finally nigh.
The fear of empty shopping centres was of particular concern in SA, given the relatively large amount of retail space. The country has about 2,300 shopping centres, and the second-highest oversupply in the world after the US, based on gross lettable area to GDP, according to MSCI Real Estate...
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.