Industry Analysis & Industry Trends
As retailers went out of business or closed underperforming stores during the recession, vacancy rates at shopping malls increased and caused revenue to decline. As the economy improves, retailers will increase their store locations. As a result, industry operators will raise rental prices, allowing them to boost their revenue.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Shopping Mall Management industry's value added (IVA), which measures the industry's contribution to the economy, is expected to increase at an average rate of 3.9% annually in the 10 years to 2019. Comparatively, US GDP is forecast to rise at an average annual rate of 2.5% over the same period, according to IBISWorld estimates and Bureau of Economic Analysis data. Consequently, the industry is considered to be in the growth phase of the industry life cycle.
The industry has also recently undergone a period of remarkable cooperation between some of its largest companies. As property values declined to historic lows, many of the industry's larger companies engaged in joint ventures to buy up vacant properties or create plans to develop new ones... purchase to read more