Shopping Malls | ESM Magazine

Pepkor Opens New Stores In South Africa Despite Power Crisis

South Africa's Pepkor Holdings Ltd said on Tuesday it would add 71 stores by the end of the year, bringing the total to 6,000, as it seeks to build market-...

Majid Al Futtaim Records Double-Digital Revenue Growth Despite 'Macroeconomic Challenges'

Majid Al Futtaim has released its financial results for 2022 which show consolidated revenue increased by 12% to AED 36.3 billion (€9.29 billion) and...

Russian Shopping Malls 'May Face Bankruptcy' This Year: Forbes

Russian shopping malls are facing a drop in rental income of around 30% to 50% this year due to international brands shuttering their operations, leaving m...

If US Retail is Dying, Why Is Money Pouring Into Malls?

If you are one of those people who thinks America’s retail industry is doing just fine, well, there are three possibilities: You’ve been living...

As Retail Outlook Dims In US, Mall Tenants Push For Shorter Leases

As if malls didn’t have enough problems, count one more: retailers looking to slash the duration of their leases. After more than a dozen bankrupt...