Monday, April 22, 2019

After retail, these are biggest drivers to shopping center traffic

Chain Store Age
The food and beverage category and entertainment are taking up more and more of shoppers’ time — and money.

Since January, 81% of shopping center visitors have spent money on food and beverage services at a shopping center and 80% have purchased from traditional retailers, according to the International Council of Shopping Center’s Mixed Use survey. About two-fifths (38%) of U.S. adults now spend more on eating/drinking at dining establishments (including takeout). And 50% of all consumers want to see more dining options in centers; 40% want to see more leisure and entertainment options. . . . more