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- The future of the shopping mall industry is likely to involve the following trends12:
- Prioritization of convenience: Appointment-based shopping and streamlined experiences.
- Redefined store formats: Stores within malls need to reinvent themselves to stay relevant.
- Greater use of technology: Engaging customers through tech innovations.
- Unification of in-store and online merchandise: Integrating physical and digital shopping experiences.
- Personalized shopping experiences: Tailoring offerings to individual preferences.
- Changing consumer behaviors: Opportunities for retail real estate.
- Leveraging cross-shopping: Understanding online and offline behavior changes.
- Reworking tenant mix: Creative leasing strategies.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.What could the future of shopping malls look like?
- Prioritization of convenience Appointment-based shopping ...
www.shopify.com/retail/future-of-mallsThe future of shopping: Creating customer value with retail real estate
- Changing consumer behaviors create opportunity ...
- Certain shopping preferences will likely stick ...
www2.deloitte.com/us/en/insights/industry/financia… - People also ask
11 minute read 08 October 2021. The future of shopping: Creating customer value with retail real estate. How owners and retailers can partner to transform shopping experience. Stephen Rogers. United States. Jim Eckenrode. United States. The American mall isn’t dead—but it may need to be reimagined. See more
Many retailers and retail real estate owners made do with existing spaces as they entered 2020. But now, to prepare for the postpandemic shopping world, how can owners and retailers design new environments or retrofit old ones with new intent and purpose? … See more
By thinking more like a service provider and less like a space provider, retail real estate owners have an opportunity to redesign the value … See more
Historically, retailers and retail real estate owners have worked on a fixed lease rental model.18 However, the acceleration in online sales and pandemic-related closures have increased cost pressures, and fixed leases have made a difficult situation even worse … See more
As more consumer data becomes available, retailers and retail real estate owners can use consumer behavior analytics to … See more
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