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 - Starting a New Business Chapter
The Shopping Mall Management industry has moderate barriers to entry. The industry has a significant amount of competition, making it difficult for new operators to enter and achieve immediate success in the industry. Since shopping mall management companies offer similar services, industry participants compete on price, quality and number of service offerings while having a strong understanding of local markets and personal contacts.
Along with competition, companies wishing to enter the industry must raise money to purchase property, develop land and run operations. Larger, well-established management companies generally have easier access to credit and are able to control more properties of far greater size... purchase to read more