Grocery Stores Becoming Hot Mall Properties

Supermarkets are moving in to spaces vacated by department stores in malls, which until recently were too costly for grocery stores to rent.

Elaine Misonzhnik reports that the trend is popular again because property managers see groceries as great at generating traffic, and with so many retailers hit by the economic crisis malls are lacking in large tenants:

"While people visit a mall about once a month, they tend to shop for groceries at least once or twice a week, according to Green and others. Westfield reports that in the three weeks since it opened a Seafood City Supermarket at its Westfield Southcenter in Seattle, Wash., foot traffic to the center increased 26 percent."

Full Story: Regional Mall Owners Experiment With Supermarkets

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $16.95 a month
poster

A Short History of America

From comic book artist Robert Crumb, poster shows how the built environment has changed throughout the decades.
$14.95
Book cover of Unsprawl

Unsprawl: Remixing Spaces as Places

Explore visionary, controversial and ultimately successful strategies for building people-centered places.
Starting at $12.95