Shopping malls see rise in turnover and customer visits - PRCH
22:52
Data collected by the Polish Council of Shopping Centers (PRCH) shows that in the first half of 2016, the turnover of shopping malls increased by 2.1 percent compared to the same period in 2015, totaling around 58 billion net.
The PRCH also reports that customer visits are trending upwards, with the number of customers growing 3.4 percent in the first half of 2015. Increased customer visits can also have a positive impact on the turnover of tenants in shopping malls. In the first half of the year, the average monthly turnover for each rented sqm was PLN 838 net, which comes to a total of PLN 9.3 billion for 11 million sqm of retail space. “Analyzing sales turnover figures in shopping centers, one gets the impression that the habits and needs of consumers are gradually changing. Stores and points offering services, as well as restaurants and food courts, have seen the biggest increases in turnover,” said Radosław Knap, Director General, PRCH.
