The biggest shopping mall owners in the United States say retailers are still forging ahead with plans to open new stores in spite of growing recession fears and decades-high inflation that’s squeezing shoppers’ budgets.

Simon Property Group, the country’s largest mall owner, said the pipeline of businesses slated to open up at its properties remains strong. The company reported an occupancy rate at its US malls and outlet centers of 93.9% as of June 30, up from 91.8% a year earlier.

“Even with what’s going on in the world, we really haven’t seen anyone back out of deals,” Simon Property Chief Executive Officer David Simon said on an earnings conference call Monday.

“We’re seeing a big rebound in Vegas, Florida is on fire … California is finding its legs,” he added.

Fueling the openings are a mix of factors, including retailers pushing to snap up limited space and popular online

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Shopping Hotspots in Bangkok for Crazy Shopaholics

Surat is the second largest metropolis of Indian state of Gujrat. In the previous few years, enterprise has grown in an unprecedented method in Surat. Actually many people have migrated from all over the country in the hunt for livelihood and to steer a healthy life in Surat.

But if Siam Paragon is the place to go to for among the world’s finest items, then it is also one of the best entertainment complexes in town, with branches of Fitness First, a 30-lane bowling alley, and a karaoke centre. There’s a 14 display screen multiplex cinema, as well as the ‘Nokia VIP Ultrascreen’, the place you may watch motion pictures from the consolation of leather sofas outfitted with motorised footrests and a blanket to snuggle up with! In addition, there’s the one 3D IMAX theatre in Thailand, which additionally has the biggest display in Thailand. There’s also Royal Paragon Hall, … Read more

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Shopping MallDubai is a consumer’s paradise. When you consider Dubai, procuring is the subsequent factor that flashes in your thoughts. Malls in Dubai are usually not only a shopping experience; there may be a lot greater than procuring in each mall.

As you read, development of many malls across India are on a full-swing. Of late, the focus has shifted from the metros and businesses at the moment are taking a look at tier-2 and tier-3 cities. Cities like Gurgaon, Kochi, and Varanasi are looking very promising. With DLF supposedly constructing the most important purchasing complicated of the World in Gurgoan. ‘Mall of India’ in Gurgoan can have a ground space of four,500,000 when completed. Now that you’ve been educated on the hazards in America’s procuring malls, you possibly can calm down and store with ease and happiness. But please hold your eyes open. We needed this to heal and we … Read more

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