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 Locations Chapter
Establishments in the Shopping Mall Management industry generally fall in line with the size and distribution of the US population. Additionally, industry operators aim to be located near high economic activity in areas close to consumers. Local regulations and tax laws also influence the distribution of establishments. Consequently, the majority of industry participants are located in the Southeast, West and Mid-Atlantic regions. These regions have 21.5%, 20.9% and 18.2% of establishments, respectively. The largest states in terms of establishments and employment include California, Texas, New York and Florida.
California, Texas and New York have the highest percentage of industry establishments due to the size and value of their local economies and populations... purchase to read more