Thursday, February 21, 2013

U.S. Mall Sales Productivity Hits Record High in 2012

According the the International Council of Shopping Centers (ICSC), productivity at U.S. malls surged to a record-high of $448 in sales per square foot in 2012, an increase of 6.9% from 2011 and up nearly 21% from just 3 years ago.

The trade group said this was the largest annual productivity increase since the inception of the report in 1996, driven by strong gains at electronics stores (+19.5%), children's (+15.5%) and athletic shoe stores (+13.6%), and home furnishings stores (10.7%).


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