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Mall Operators Adjust to the Times
August 5, 2011
FROM RETAILWIRE:
Two separate articles, one by Bloomberg News and the other by The Wall Street Journal, make it clear that a) mall operators are facing significant challenges in the current environment and b) there are high- and low-tech steps they are taking to keep consumers shopping in their facilities. What steps being taken by mall operators do you think will go the longest way in helping them remain competitive in the years ahead?
[more...]
How about mall operators offering discounts that are tied into multiple merchants at their mall for a particular time period? Consumers might like a choice of 30% off lunch or dinner and 30% off their choice of five stores in a mall. There could be different themes to tie in merchants, restaurants, theaters, services, etc.
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