The Union of Shopping Centers conducted a survey of more than 500 managers and employees of shopping malls and shopping centers across Russia and found that 56% of respondents report an overall decline in turnover and revenue, as well as a drop in sales. assistance after a short-term hustle. ask.
According to the survey, 26% of shopping centers lose about 10% of their revenue, Izvestia writes.
Another 18% of malls report a 20% loss in tenant profits. And for 13%, the decrease in brand revenue reaches 30%.
Not only are sales declining, but so is attendance: On average, compared to last year, it fell 10% after a brief period of high demand in the spring.
“All this is happening against the background of the suspension of the activities of Western trademarks in Russia, as well as the population’s transition to savings mode,” explains Pavel Lyulin, vice president of the Union of Shopping Centers.
At the same time, the situation differed for large city shopping and entertainment centers and regional shopping malls, where Western brands were not as widely represented.
As a result, for 26% of shopping centers, turnover has not changed, and another 17% even report a slight increase compared to the same period in 2021.
Author:
Ekaterina Alipova
Source: RB
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